Lazard
165 hedge funds and large institutions have $2.17B invested in Lazard in 2023 Q4 according to their latest regulatory filings, with 24 funds opening new positions, 51 increasing their positions, 63 reducing their positions, and 52 closing their positions.
577% more call options, than puts
Call options by funds: $23.1M | Put options by funds: $3.41M
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
1.39% less ownership
Funds ownership: 56.28% → 54.88% (-1.4%)
15% less funds holding
Funds holding: 195 → 165 (-30)
19% less repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 63
21% less capital inflows, than outflows
Capital inflows: $183M | Capital outflows: $232M
54% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 52
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$47.8M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$39.1M |
| 3 |
Weiss Multi-Strategy Advisers
New York
|
+$11.1M |
| 4 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$9.6M |
| 5 |
Basswood Capital Management
New York
|
+$8.16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Southeastern Asset Management
Memphis,
Tennessee
|
-$20.9M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$19.8M |
| 3 |
Third Avenue Management
New York
|
-$17.1M |
| 4 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$15.8M |
| 5 |
Alyeska Investment Group
Chicago,
Illinois
|
-$14.8M |
LAZ Hedge Fund Activity: Q4 2023 in Review
165 of the 6,877 institutional investors tracked by Wall St. Rank reported a position in Lazard (LAZ) for Q4 2023, worth a combined $2.17B — up 10% from $1.97B a quarter earlier.
Sellers outnumbered buyers: 52 funds closed out of LAZ and 24 opened new positions — a net loss of 28 holders — while 63 trimmed existing stakes and 51 added.
The largest buyer was Morgan Stanley, adding an estimated $47.8M. The largest seller was Southeastern Asset Management, cutting an estimated $20.9M.
- 165 institutional investors held Lazard (LAZ) as of Q4 2023, down from 195 in Q3 2023.
- Funds reported $2.17B of Lazard stock for Q4 2023, up 10% quarter-over-quarter.
- 24 funds opened new Lazard positions in Q4 2023 and 52 closed out, a net change of -28 holders.
- The largest Lazard buyer in Q4 2023 was Morgan Stanley, an estimated $47.8M added.
- The largest Lazard seller in Q4 2023 was Southeastern Asset Management, an estimated $20.9M sold.
Based on aggregated 13F filings for Q4 2023.