Lazard
336 hedge funds and large institutions have $4.31B invested in Lazard in 2025 Q4 according to their latest regulatory filings, with 55 funds opening new positions, 118 increasing their positions, 98 reducing their positions, and 51 closing their positions.
320% more call options, than puts
Call options by funds: $16.7M | Put options by funds: $3.98M
164% more capital inflows, than outflows
Capital inflows: $407M | Capital outflows: $154M
20% more repeat investments, than reductions
Existing positions increased: 118 | Existing positions reduced: 98
4.53% more ownership
Funds ownership: 74.13% → 78.66% (+4.5%)
8% more first-time investments, than exits
New positions opened: 55 | Existing positions closed: 51
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1% less funds holding
Funds holding: 340 → 336 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$52.3M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$29M |
| 3 |
AU
Algebris (UK)
London,
United Kingdom
|
+$25.1M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$16.8M |
| 5 |
Woodline Partners
San Francisco,
California
|
+$15.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Alyeska Investment Group
Chicago,
Illinois
|
-$18.2M |
| 2 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$16.3M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$13.7M |
| 4 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$9.69M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
-$7.01M |
LAZ Hedge Fund Activity: Q4 2025 in Review
336 of the 8,287 institutional investors tracked by Wall St. Rank reported a position in Lazard (LAZ) for Q4 2025, worth a combined $4.31B — down 2.4% from $4.41B a quarter earlier.
Buyers outnumbered sellers: 55 funds opened new LAZ positions and 51 closed out — a net gain of 4 holders — while 118 added to existing stakes and 98 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $52.3M. The largest seller was Alyeska Investment Group, exiting entirely with an estimated $18.2M sold.
- 336 institutional investors held Lazard (LAZ) as of Q4 2025, down from 340 in Q3 2025.
- Funds reported $4.31B of Lazard stock for Q4 2025, down 2.4% quarter-over-quarter.
- 55 funds opened new Lazard positions in Q4 2025 and 51 closed out, a net change of +4 holders.
- The largest Lazard buyer in Q4 2025 was T. Rowe Price Associates, an estimated $52.3M added.
- The largest Lazard seller in Q4 2025 was Alyeska Investment Group, an estimated $18.2M sold.
Based on aggregated 13F filings for Q4 2025.