Lazard
341 hedge funds and large institutions have $4.41B invested in Lazard in 2025 Q3 according to their latest regulatory filings, with 77 funds opening new positions, 104 increasing their positions, 104 reducing their positions, and 32 closing their positions.
237% more call options, than puts
Call options by funds: $23.3M | Put options by funds: $6.92M
141% more first-time investments, than exits
New positions opened: 77 | Existing positions closed: 32
14% more funds holding
Funds holding: 300 → 341 (+41)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more repeat investments, than reductions
Existing positions increased: 104 | Existing positions reduced: 104
2.63% less ownership
Funds ownership: 76.76% → 74.13% (-2.6%)
35% less capital inflows, than outflows
Capital inflows: $257M | Capital outflows: $397M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$45.1M |
| 2 |
Walleye Capital
New York
|
+$20M |
| 3 |
Alyeska Investment Group
Chicago,
Illinois
|
+$18.6M |
| 4 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$17.1M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$13.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
-$34.3M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$31.6M |
| 3 |
Fidelity International
Hamilton,
Bermuda
|
-$29.9M |
| 4 |
Ariel Investments
Chicago,
Illinois
|
-$27.4M |
| 5 |
No Street GP LP
San Francisco,
California
|
-$26.4M |
LAZ Hedge Fund Activity: Q3 2025 in Review
341 of the 7,652 institutional investors tracked by Wall St. Rank reported a position in Lazard (LAZ) for Q3 2025, worth a combined $4.41B — up 6.4% from $4.15B a quarter earlier.
Buyers outnumbered sellers: 77 funds opened new LAZ positions and 32 closed out — a net gain of 45 holders — while 104 added to existing stakes and 104 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $45.1M. The largest seller was Balyasny Asset Management, exiting entirely with an estimated $34.3M sold.
- 341 institutional investors held Lazard (LAZ) as of Q3 2025, up from 300 in Q2 2025.
- Funds reported $4.41B of Lazard stock for Q3 2025, up 6.4% quarter-over-quarter.
- 77 funds opened new Lazard positions in Q3 2025 and 32 closed out, a net change of +45 holders.
- The largest Lazard buyer in Q3 2025 was T. Rowe Price Associates, an estimated $45.1M added.
- The largest Lazard seller in Q3 2025 was Balyasny Asset Management, an estimated $34.3M sold.
Based on aggregated 13F filings for Q3 2025.