Lazard
274 hedge funds and large institutions have $4B invested in Lazard in 2024 Q3 according to their latest regulatory filings, with 52 funds opening new positions, 95 increasing their positions, 78 reducing their positions, and 35 closing their positions.
60% more call options, than puts
Call options by funds: $22.8M | Put options by funds: $14.2M
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
49% more first-time investments, than exits
New positions opened: 52 | Existing positions closed: 35
36% more capital invested
Capital invested by funds: $2.94B → $4B (+$1.06B)
22% more repeat investments, than reductions
Existing positions increased: 95 | Existing positions reduced: 78
7% more funds holding
Funds holding: 257 → 274 (+17)
2.1% more ownership
Funds ownership: 68.27% → 70.37% (+2.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
+$87.5M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
+$48.5M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$48M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
+$29.4M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$18.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$16.9M |
| 2 |
BNP Paribas Financial Markets
Paris,
France
|
-$14.6M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$14.2M |
| 4 |
TCA
Troluce Capital Advisors
Dorado,
Puerto Rico
|
-$13.8M |
| 5 |
JP Morgan Chase
New York
|
-$13.4M |
LAZ Hedge Fund Activity: Q3 2024 in Review
274 of the 6,978 institutional investors tracked by Wall St. Rank reported a position in Lazard (LAZ) for Q3 2024, worth a combined $4B — up 36% from $2.94B a quarter earlier.
Buyers outnumbered sellers: 52 funds opened new LAZ positions and 35 closed out — a net gain of 17 holders — while 95 added to existing stakes and 78 trimmed.
The largest buyer was Capital Research Global Investors, adding an estimated $87.5M. The largest seller was Morgan Stanley, cutting an estimated $16.9M.
- 274 institutional investors held Lazard (LAZ) as of Q3 2024, up from 257 in Q2 2024.
- Funds reported $4B of Lazard stock for Q3 2024, up 36% quarter-over-quarter.
- 52 funds opened new Lazard positions in Q3 2024 and 35 closed out, a net change of +17 holders.
- The largest Lazard buyer in Q3 2024 was Capital Research Global Investors, an estimated $87.5M added.
- The largest Lazard seller in Q3 2024 was Morgan Stanley, an estimated $16.9M sold.
Based on aggregated 13F filings for Q3 2024.