LA

Lazard Asset Management LLC

Diversified strategyMomentum follower

Total reported value

$60.8B

Reporting period: 2026-03-31 · Number of holdings: 2050

LAZARD ASSET MANAGEMENT LLC disclosed 2050 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $60.8B and a quarterly turnover rate of 25.0%.

Personality snowflake

Concentration
3.74
Portfolio Stability
25.01
Momentum/Contrarian
100
Sector conviction
45.45
Diversification
100
Sizing Uniformity
59.65

Recent moves

  • Trim MSFT

    +7.6%　-$420.5M

  • Add PBR

    +9.0%　$249.4M

  • Trim HDB

    -12.4%　-$183.8M

  • Add NVDA

    +22.9%　$233.8M

  • Add EXC

    +6.4%　$198.6M

  • Add ED

    +14.8%　$188.5M

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

Showing top 1846 holdings (of 2050 total)

#TickerIssuerAsset SubclassWeightWeight ChangeShares Change4Q Trend
1AAPLApple INCStock-Tech3.44%+0.05%+11.75%
2MSFTMicrosoft CORPStock-Tech3.23%-0.81%+7.58%
3NVDANvidia CORPStock-Tech2.96%+0.31%+22.90%
4AMZNAmazon.com INCStock-Consumer Disc2.64%—+6.53%
5AMTAmerican Tower CORPStock-Real Estate2.08%+0.27%+20.39%
6EXCExelon CORPStock-Utilities1.99%+0.28%+6.44%
7CCICrown Castle INCStock-Real Estate1.80%—+15.71%
8GOOGLAlphabet Inc-cl AStock-Comm Services1.66%-0.21%-0.31%
9TSMTaiwan Semiconductor-sp AdrStock-Tech1.64%—-9.25%
10GOOGAlphabet Inc-cl CStock-Comm Services1.62%+0.09%+19.65%
11CNICanadian Natl Railway CoStock-Industrials1.54%—+1.95%
12AVGOBroadcom INCStock-Tech1.39%—+12.37%
13✓ Ferrovial SeStock-Other1.37%—-3.83%
14EDConsolidated Edison INCStock-Utilities1.32%+0.28%+14.76%
15CSXCsx CORPStock-Industrials1.24%—-11.26%
16VVisa Inc-class A SharesStock-Financials1.20%-0.20%+2.34%
17LLYEli Lilly & CoStock-Healthcare1.09%—+7.19%
18TMOThermo Fisher Scientific INCStock-Healthcare0.99%-0.22%-1.00%
19ADIAnalog Devices INCStock-Tech0.89%+0.15%+6.30%
20BACBank Of America CORPStock-Financials0.89%—+5.63%
21AMXAmerica Movil Sab De CvStock-Other0.87%+0.25%+17.77%
22PBRPetroleo Brasileiro-spon AdrStock-Energy0.86%+0.39%+8.98%
23PGProcter & Gamble Co/theStock-Consumer Staples0.85%—-0.49%
24ICEIntercontinental Exchange InStock-Financials0.85%—+0.04%
25TLKTelkom Indonesia Persero-adrStock-Other0.77%—+23.43%
26ASMLASML Holding N.V.Stock-Tech0.74%+0.25%+25.81%
27AZNAstraZeneca PLCStock-Healthcare0.71%+0.71%NEW
28KLACKla CORPStock-Tech0.71%+0.18%+13.59%
29SLBSlb LTDStock-Energy0.66%—-12.58%
30APHAmphenol Corp-cl AStock-Tech0.66%-0.20%-15.30%
31AONAon plcStock-Financials0.65%—-5.35%
32MRKMerck & Co. INC.Stock-Healthcare0.64%-0.15%-26.16%
33DHRDanaher CORPStock-Healthcare0.63%-0.21%-6.62%
34VALEVale Sa-sp AdrStock-Materials0.62%+0.12%+5.36%
35METAMeta Platforms Inc-class AStock-Comm Services0.60%—+17.24%
36INFYInfosys Ltd-sp AdrStock-Tech0.60%—+17.02%
37XOMExxon Mobil CORPStock-Energy0.58%+0.14%-1.83%
38AMEAmetek INCStock-Industrials0.57%—+4.57%
39PANWPalo Alto Networks INCStock-Tech0.55%+0.20%+82.82%
40QCOMQualcomm INCStock-Tech0.54%—+11.21%
41LINLinde plcStock-Materials0.53%—+1.48%
42WMWaste Management INCStock-Industrials0.52%—+0.58%
43JNJJohnson & JohnsonStock-Healthcare0.52%+0.20%+44.04%
44IQVIqvia Holdings INCStock-Healthcare0.52%-0.20%-2.01%
45CBChubb LimitedStock-Financials0.52%—-7.89%
46KOCoca-cola Co/theStock-Consumer Staples0.51%—+0.75%
47BSXBoston Scientific CORPStock-Healthcare0.50%—+24.82%
48ISRGIntuitive Surgical INCStock-Healthcare0.49%—+18.32%
49ADSKAutodesk INCStock-Tech0.49%—+11.44%
50ASXAse Technology Holding -adrStock-Tech0.48%—-32.39%
1–50 of 1,846

Holding changes this quarter

Lazard Asset Management LLC's most significant position changes for 2026-03-31: New buy: AstraZeneca PLC (AZN); New buy: Rb Global INC (RBA); Sold out: Astrazeneca Plc-spons Adr (AZNN); Sold out: Baxter International INC (BAX); New buy: Vista Energy Sab De Cv (VIST).

Position changes disclosed by Lazard Asset Management LLC for the quarter ending 2026-03-31, including ticker, issuer, weight change, shares change, and action
#TickerIssuerWeight ChangeShares ChangeAction
1PBRPetroleo Brasileiro-spon Adr+0.4%+8.98%Add
2NVDANvidia CORP+0.3%+22.90%Add
3EXCExelon CORP+0.3%+6.44%Add
4EDConsolidated Edison INC+0.3%+14.76%Add
5AMTAmerican Tower CORP+0.3%+20.39%Add
6AMXAmerica Movil Sab De Cv+0.3%+17.77%Add
7ASMLASML Holding N.V.+0.3%+25.81%Add
8ULUnilever Plc-sponsored Adr+0.2%+674.18%Add
9MCOMoody's CORP+0.2%+5102.93%Add
10JNJJohnson & Johnson+0.2%+44.04%Add
11PANWPalo Alto Networks INC+0.2%+82.82%Add
12KLACKla CORP+0.2%+13.59%Add
13✓ Totalenergies Se+0.2%+30.16%Add
14AMATApplied Materials INC+0.2%+63.80%Add
15ADIAnalog Devices INC+0.2%+6.30%Add
16TJXTjx Companies INC+0.2%+63.89%Add
17COHRCoherent CORP+0.2%+226.11%Add
18XOMExxon Mobil CORP+0.1%-1.83%Trim
19TERTeradyne INC+0.1%+2.33%Add
20COSTCostco Wholesale CORP+0.1%+70.52%Add
21SHELShell Plc-adr+0.1%+945.22%Add
22VALEVale Sa-sp Adr+0.1%+5.36%Add
23LMTLockheed Martin CORP+0.1%+29.98%Add
24ROSTRoss Stores INC+0.1%+608.46%Add
25GOOGAlphabet Inc-cl C+0.1%+19.65%Add
26AAPLApple INC+0.1%+11.75%Add
27SBUXStarbucks CORP-0.1%-85.33%Trim
28PTCPtc INC-0.1%-13.55%Trim
29INTUIntuit INC-0.1%-11.54%Trim
30MUMicron Technology INC-0.1%-34.54%Trim
31GILGildan Activewear INC-0.2%-72.22%Trim
32MRKMerck & Co. INC.-0.2%-26.16%Trim
33PYPLPaypal Holdings INC-0.2%-73.90%Trim
34MDLZMondelez International Inc-a-0.2%-99.27%Trim
35IQVIqvia Holdings INC-0.2%-2.01%Trim
36APHAmphenol Corp-cl A-0.2%-15.30%Trim
37VVisa Inc-class A Shares-0.2%+2.34%Add
38DHRDanaher CORP-0.2%-6.62%Trim
39GOOGLAlphabet Inc-cl A-0.2%-0.31%Trim
40TMOThermo Fisher Scientific INC-0.2%-1.00%Trim
41CRMSalesforce INC-0.2%-12.73%Trim
42GSGoldman Sachs Group INC-0.3%-58.99%Trim
43HDBHdfc Bank Ltd-adr-0.3%-12.35%Trim
44MSFTMicrosoft CORP-0.8%+7.58%Add
45AZNAstraZeneca PLC—NEWNew buy
46RBARb Global INC—NEWNew buy
47AZNNAstrazeneca Plc-spons Adr—EXITSold out
48BAXBaxter International INC—EXITSold out
49VISTVista Energy Sab De Cv—NEWNew buy
50ESLTElbit Systems Ltd.—EXITSold out

FAQ

What is Lazard Asset Management LLC and what type of investor is it?
Lazard Asset Management LLC is a investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2026-03-31), the firm manages a tracked equity portfolio valued at approximately $60.8B, spread across 2050 disclosed positions.
What are Lazard Asset Management LLC's largest equity positions?
Based on the latest 13F filing, Lazard Asset Management LLC's top holdings by market value are: 1. Apple INC (AAPL) — $2.1B (3.4%) 2. Microsoft CORP (MSFT) — $2.0B (3.2%) 3. Nvidia CORP (NVDA) — $1.8B (3.0%) 4. Amazon.com INC (AMZN) — $1.6B (2.6%) 5. American Tower CORP (AMT) — $1.3B (2.1%)
What changes did Lazard Asset Management LLC make in its most recent portfolio filing?
In the latest reported quarter, Lazard Asset Management LLC made 50 notable position adjustments: 3 new positions were initiated, 27 existing holdings were added to, 17 positions were partially reduced, and 3 were completely exited. The largest of these moves: New buy: AstraZeneca PLC (AZN); New buy: Rb Global INC (RBA); Sold out: Astrazeneca Plc-spons Adr (AZNN); Sold out: Baxter International INC (BAX); New buy: Vista Energy Sab De Cv (VIST)
What sectors does Lazard Asset Management LLC focus on?
Lazard Asset Management LLC is concentrated in the following sectors based on its current disclosed equity portfolio: • Information Technology: 30.1% • Financials: 12.6% • Industrials: 12.5% • Health Care: 10.7% • Consumer Discretionary: 7.5% • Communication Services: 5.7%