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335 hedge funds and large institutions have $4.31B invested in Lazard in 2025 Q4 according to their latest regulatory filings, with 54 funds opening new positions, 118 increasing their positions, 98 reducing their positions, and 52 closing their positions.

New
Increased
Maintained
Reduced
Closed

320% more call options, than puts

Call options by funds: $16.7M | Put options by funds: $3.98M

20% more repeat investments, than reductions

Existing positions increased: 118 | Existing positions reduced: 98

4.55% more ownership

Funds ownership: 74.14%78.68% (+4.5%)

4% more first-time investments, than exits

New positions opened: 54 | Existing positions closed: 52

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

2% less capital invested

Capital invested by funds: $4.41B → $4.31B (-$104M)

2% less funds holding

Funds holding: 341335 (-6)

Holders
335
Holders Change
-6
Holders Change %
-1.76%
% of All Funds
4.07%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.01%
New
54
Increased
118
Reduced
98
Closed
52
Calls
$16.7M
Puts
$3.98M
Net Calls
+$12.7M
Net Calls Change
-$3.65M
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity Investments
1
Fidelity Investments
Massachusetts
$547M +$29M +580,855 +5%
Vanguard Group
2
Vanguard Group
Pennsylvania
$541M -$1.56M -31,170 -0.3%
T. Rowe Price Associates
3
T. Rowe Price Associates
Maryland
$428M +$52.3M +1,047,869 +14%
BlackRock
4
BlackRock
New York
$361M +$5.09M +102,040 +1%
AI
5
Ariel Investments
Illinois
$257M +$2.54M +50,933 +1%
Capital Research Global Investors
6
Capital Research Global Investors
California
$119M +$11M +221,214 +10%
Geode Capital Management
7
Geode Capital Management
Massachusetts
$114M +$321K +6,429 +0.3%
Victory Capital Management
8
Victory Capital Management
Texas
$93.7M +$1.99M +39,901 +2%
State Street
9
State Street
Massachusetts
$91.4M -$6.18M -123,898 -6%
Ameriprise
10
Ameriprise
Minnesota
$88.9M -$2.66M -53,373 -3%
Fisher Asset Management
11
Fisher Asset Management
Washington
$85.5M +$1.9M +38,133 +2%
Dimensional Fund Advisors
12
Dimensional Fund Advisors
Texas
$83.8M +$5.3M +106,134 +7%
Norges Bank
13
Norges Bank
Norway
$80.2M +$82.4M +1,650,918 New
EIP
14
Epoch Investment Partners
New York
$75.9M -$2.37M -47,404 -3%
Morgan Stanley
15
Morgan Stanley
New York
$75.2M +$3.35M +67,230 +5%
Principal Financial Group
16
Principal Financial Group
Iowa
$71.9M -$5.39M -108,073 -7%
Janus Henderson Group
17
Janus Henderson Group
United Kingdom
$67.1M +$1.16M +23,284 +2%
VOYA Investment Management
18
VOYA Investment Management
Georgia
$61.8M +$5.32M +106,642 +9%
Invesco
19
Invesco
Georgia
$55.7M +$599K +12,011 +1%
Charles Schwab
20
Charles Schwab
California
$50.9M -$205K -4,114 -0.4%
RA
21
Royce & Associates
New York
$43.5M +$2.55M +51,191 +6%
Goldman Sachs
22
Goldman Sachs
New York
$41.8M -$61.3K -1,229 -0.1%
Citadel Advisors
23
Citadel Advisors
Florida
$31.9M +$16.8M +337,501 +106%
RIM
24
Ranger Investment Management
Texas
$28.3M -$144K -2,888 -0.5%
Northern Trust
25
Northern Trust
Illinois
$27.8M -$1M -20,134 -3%