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287 hedge funds and large institutions have $3.81B invested in Lazard in 2025 Q1 according to their latest regulatory filings, with 47 funds opening new positions, 107 increasing their positions, 81 reducing their positions, and 49 closing their positions.

New
Increased
Maintained
Reduced
Closed

86% more call options, than puts

Call options by funds: $10.2M | Put options by funds: $5.49M

32% more repeat investments, than reductions

Existing positions increased: 107 | Existing positions reduced: 81

6.24% more ownership

Funds ownership: 72.03%78.27% (+6.2%)

4% less first-time investments, than exits

New positions opened: 47 | Existing positions closed: 49

2% less funds holding

Funds holding: 294287 (-7)

9% less capital invested

Capital invested by funds: $4.18B → $3.81B (-$366M)

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
287
Holders Change
-7
Holders Change %
-2.38%
% of All Funds
3.85%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.01%
New
47
Increased
107
Reduced
81
Closed
49
Calls
$10.2M
Puts
$5.49M
Net Calls
+$4.74M
Net Calls Change
-$9.01M
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity Investments
1
Fidelity Investments
Massachusetts
$480M +$121M +2,431,607 +28%
Vanguard Group
2
Vanguard Group
Pennsylvania
$461M -$6.48M -130,348 -1%
BlackRock
3
BlackRock
New York
$364M -$4.65M -93,502 -1%
T. Rowe Price Associates
4
T. Rowe Price Associates
Maryland
$264M +$291M +5,847,608 +2,324%
AI
5
Ariel Investments
Illinois
$243M +$1.05M +21,065 +0.4%
Capital Research Global Investors
6
Capital Research Global Investors
California
$164M -$31.9M -641,479 -14%
Geode Capital Management
7
Geode Capital Management
Massachusetts
$105M +$6.54M +131,430 +6%
Morgan Stanley
8
Morgan Stanley
New York
$94.5M -$23.1M -464,203 -18%
Amundi
9
Amundi
France
$87.6M +$66M +1,326,370 +142%
State Street
10
State Street
Massachusetts
$83.5M -$2.34M -46,995 -2%
Fisher Asset Management
11
Fisher Asset Management
Washington
$79M -$1.88M -37,717 -2%
Principal Financial Group
12
Principal Financial Group
Iowa
$77.3M -$7.74M -155,597 -8%
Ameriprise
13
Ameriprise
Minnesota
$73.2M +$20.2M +406,232 +32%
EIP
14
Epoch Investment Partners
New York
$71.4M -$9.13M -183,675 -10%
Victory Capital Management
15
Victory Capital Management
Texas
$71.2M +$24.2M +487,574 +42%
Janus Henderson Group
16
Janus Henderson Group
United Kingdom
$63.9M +$5.87M +117,988 +9%
Norges Bank
17
Norges Bank
Norway
$59.6M +$10.6M +212,245 +18%
Dimensional Fund Advisors
18
Dimensional Fund Advisors
Texas
$57.2M +$11.3M +227,423 +21%
Invesco
19
Invesco
Georgia
$55.6M +$4.12M +82,878 +7%
VOYA Investment Management
20
VOYA Investment Management
Georgia
$52.7M +$1.16M +23,346 +2%
Royal Bank of Canada
21
Royal Bank of Canada
Ontario, Canada
$46.7M -$3.04M -61,158 -5%
Charles Schwab
22
Charles Schwab
California
$44M -$2.43M -48,946 -5%
RA
23
Royce & Associates
New York
$36.7M -$403K -8,111 -0.9%
Two Sigma Advisers
24
Two Sigma Advisers
New York
$36.4M -$15.4M -309,900 -27%
Goldman Sachs
25
Goldman Sachs
New York
$32.9M +$8.15M +163,983 +28%

LAZ Hedge Fund Activity: Q1 2025 in Review

287 of the 7,457 institutional investors tracked by Wall St. Rank reported a position in Lazard (LAZ) for Q1 2025, worth a combined $3.81B — down 8.8% from $4.18B a quarter earlier.

Sellers outnumbered buyers: 49 funds closed out of LAZ and 47 opened new positions — a net loss of 2 holders — while 81 trimmed existing stakes and 107 added.

The largest buyer was T. Rowe Price Associates, adding an estimated $291M. The largest seller was Capital Research Global Investors, cutting an estimated $31.9M.

  • 287 institutional investors held Lazard (LAZ) as of Q1 2025, down from 294 in Q4 2024.
  • Funds reported $3.81B of Lazard stock for Q1 2025, down 8.8% quarter-over-quarter.
  • 47 funds opened new Lazard positions in Q1 2025 and 49 closed out, a net change of -2 holders.
  • The largest Lazard buyer in Q1 2025 was T. Rowe Price Associates, an estimated $291M added.
  • The largest Lazard seller in Q1 2025 was Capital Research Global Investors, an estimated $31.9M sold.

Based on aggregated 13F filings for Q1 2025.