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301 hedge funds and large institutions have $4.29B invested in Lazard in 2025 Q2 according to their latest regulatory filings, with 60 funds opening new positions, 114 increasing their positions, 87 reducing their positions, and 43 closing their positions.

New
Increased
Maintained
Reduced
Closed

243% more call options, than puts

Call options by funds: $18.6M | Put options by funds: $5.41M

40% more first-time investments, than exits

New positions opened: 60 | Existing positions closed: 43

31% more repeat investments, than reductions

Existing positions increased: 114 | Existing positions reduced: 87

13% more capital invested

Capital invested by funds: $3.81B → $4.29B (+$484M)

5% more funds holding

Funds holding: 287301 (+14)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

1.5% less ownership

Funds ownership: 78.27%76.77% (-1.5%)

Holders
301
Holders Change
+14
Holders Change %
+4.88%
% of All Funds
3.96%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.01%
New
60
Increased
114
Reduced
87
Closed
43
Calls
$18.6M
Puts
$5.41M
Net Calls
+$13.2M
Net Calls Change
+$8.43M
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity Investments
1
Fidelity Investments
Massachusetts
$541M +$7.95M +190,010 +2%
Vanguard Group
2
Vanguard Group
Pennsylvania
$525M +$11.6M +277,383 +3%
BlackRock
3
BlackRock
New York
$368M -$30.7M -734,004 -9%
T. Rowe Price Associates
4
T. Rowe Price Associates
Maryland
$332M +$34.5M +824,361 +14%
AI
5
Ariel Investments
Illinois
$276M +$5.63M +134,717 +2%
BC
6
Broadwater Capital
Massachusetts
$149M +$6.09M +145,638 +4,698%
Geode Capital Management
7
Geode Capital Management
Massachusetts
$114M -$1.79M -42,884 -2%
Capital Research Global Investors
8
Capital Research Global Investors
California
$114M -$59.5M -1,421,986 -38%
State Street
9
State Street
Massachusetts
$101M +$7.54M +180,244 +9%
Victory Capital Management
10
Victory Capital Management
Texas
$91.9M +$11.3M +270,168 +16%
Principal Financial Group
11
Principal Financial Group
Iowa
$85.3M -$246K -5,879 -0.3%
Fisher Asset Management
12
Fisher Asset Management
Washington
$81.7M -$5.13M -122,759 -7%
Ameriprise
13
Ameriprise
Minnesota
$81.2M +$47.8K +1,142 +0.1%
EIP
14
Epoch Investment Partners
New York
$78.8M -$202K -4,823 -0.3%
Morgan Stanley
15
Morgan Stanley
New York
$78.7M -$22.7M -542,397 -25%
Dimensional Fund Advisors
16
Dimensional Fund Advisors
Texas
$72.9M +$8.21M +196,373 +15%
Norges Bank
17
Norges Bank
Norway
$66.5M +$416K +9,958 +0.7%
Janus Henderson Group
18
Janus Henderson Group
United Kingdom
$65.1M -$5.13M -122,752 -8%
Invesco
19
Invesco
Georgia
$58M -$3.08M -73,710 -6%
VOYA Investment Management
20
VOYA Investment Management
Georgia
$50M -$7.31M -174,929 -14%
Charles Schwab
21
Charles Schwab
California
$49.6M +$766K +18,329 +2%
Royal Bank of Canada
22
Royal Bank of Canada
Ontario, Canada
$44.9M -$5.98M -142,969 -13%
RA
23
Royce & Associates
New York
$43.7M +$2.61M +62,372 +7%
Goldman Sachs
24
Goldman Sachs
New York
$40.3M +$3.36M +80,262 +11%
Balyasny Asset Management
25
Balyasny Asset Management
Illinois
$34.3M +$29.9M +714,977 New

LAZ Hedge Fund Activity: Q2 2025 in Review

301 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in Lazard (LAZ) for Q2 2025, worth a combined $4.29B — up 13% from $3.81B a quarter earlier.

Buyers outnumbered sellers: 60 funds opened new LAZ positions and 43 closed out — a net gain of 17 holders — while 114 added to existing stakes and 87 trimmed.

The largest buyer was T. Rowe Price Associates, adding an estimated $34.5M. The largest seller was Amundi, exiting entirely with an estimated $87.6M sold.

  • 301 institutional investors held Lazard (LAZ) as of Q2 2025, up from 287 in Q1 2025.
  • Funds reported $4.29B of Lazard stock for Q2 2025, up 13% quarter-over-quarter.
  • 60 funds opened new Lazard positions in Q2 2025 and 43 closed out, a net change of +17 holders.
  • The largest Lazard buyer in Q2 2025 was T. Rowe Price Associates, an estimated $34.5M added.
  • The largest Lazard seller in Q2 2025 was Amundi, an estimated $87.6M sold.

Based on aggregated 13F filings for Q2 2025.