Lazard Asset Management portfolio
Investment firmPortfolio as of Jun 30, 2026 (Q2 2026) · filed with the SEC on Aug 14, 2026 · data updated on Nov 5, 2026 · Q2 2026 13F (filing) ↗ · all its 13F filings ↗
A 13F shows the portfolio at quarter-end and is filed up to 45 days later: these are not real-time positions and they may have changed.
Lazard Asset Management reported a $66.0 bn portfolio of 1,719 companies (1,726 positions, counting each share class separately) to the SEC as of the end of Q2 2026. Its largest positions are NVDA, GOOG, AAPL.
Sections with a free account
What it reported after the quarter end (Q2 2026)
The 13F shows the portfolio as of Jun 30, 2026. Since then Lazard Asset Management has filed these own trades with the SEC (Form 4, when it owns more than 10% of a company or holds a role in it) and stakes above 5% (13D and 13G). It is not everything it did: only what it must report before the next 13F.
What changed this quarter
1741 positions with a change (264 new, 744 added to, 532 trimmed, 201 sold); also, 7 entered through an IPO, 15 exited through an acquisition or merger, 4 entered through a spin-off. 5 are listed here: those of 0.5 points of the portfolio or more (up to 12).
- CSX−99.7%fewer sharesReduced1.2% → under 0.1%
- Canadian National Railway−57%fewer sharesReduced1.5% → 0.7%
- NVIDIA+25%more sharesIncreased3.0% → 3.9%
- Broadcom−38%fewer sharesReduced1.4% → 1.0%
- Exelon+31%more sharesIncreased2.0% → 2.3%
The figure on the right: for positions added to or trimmed, the change in the number of shares (%); for new and sold ones, the points of the portfolio moved (pp). Below, the portfolio weight before → after. Traded weight: what it bought or sold, excluding price effects.
Top holdings
- NVIDIANVDA3.9%
- AlphabetGOOG · GOOGL3.9%
- AppleAAPL3.6%
- MicrosoftMSFT3.0%
- Amazon.comAMZN2.8%
- ExelonEXC2.3%
- Taiwan Semiconductor ManufacturingTSM2.2%
- American TowerAMT2.1%
- Crown CastleCCI1.7%
- FerrovialFER1.5%
- Consolidated EdisonED1.4%
- VisaV1.3%
- Eli LillyLLY1.3%
- KLAKLAC1.1%
- Advanced Micro DevicesAMD1.1%
Portfolio by sector
- ● Information Technology 32%
- ● Financials 12%
- ● Industrials 11%
- ● Health Care 9%
- ● Consumer Discretionary 7%
- ● Communication Services 7%
- ● Real Estate 4%
- ● Utilities 4%
- ● Consumer Staples 3%
- ● Energy 3%
- ● No sector 3%
- ● Materials 3%
Declared options (3)
Besides stocks, Lazard Asset Management declared 2 puts (they gain if the stock falls) and 1 call (they gain if it rises) with a notional of $3.8M. The 13F reports the value of the underlying shares, not the premium paid, so these figures look large and are not added to the portfolio. Nor does it say whether the option is bought or written, or its strike or expiry: it may be a hedge.
- PUTBridgeBio PharmaBBIO$1.8M
- PUTindie SemiconductorINDI$1.1M
- CALLBill HoldingsBILLnew this quarter$904K
Stakes above 5% (13D/13G)
Companies where this filer reported holding 5% or more of the shares. It is the figure from its latest filing on each one; history since December 2024.
How we classify it
Not counted as a concentrated manager: its portfolio is not within 5 to 100 positions; its top 10 positions are under 45%. Its portfolio is shown all the same, but it is left out of manager counts, the consensus and the ranking. How this is decided
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Same type of filer and a 13F portfolio value between a third and three times this one. It is not a comparison of what they hold.
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