LAZ
Lazard Inc · Financial Services · Financial - Capital Markets
Momentum inputs (comparable managers):
holder breadth -18.2% ·
share flow +2.4% ·
net new positions -20.0%
— formula
Concentrated accumulation — rising shares among fewer holders
All ownership figures: tracked 13F managers only, common-stock positions, reporting period Q4 2024
| Quarter | Holders | Δ | Shares | Reported value | New | Exits |
|---|---|---|---|---|---|---|
| Q2 2026 | 104 | +1 | 76.97M | $3.23B | +11 | −9 |
| Q1 2026 | 105 | +6 | 68.37M | $2.90B | +8 | −3 |
| Q4 2025 | 100 | -2 | 72.58M | $3.52B | +1 | −2 |
| Q3 2025 | 19 | +3 | 46.66M | $2.46B | +4 | −2 |
| Q2 2025 | 14 | +1 | 44.93M | $2.16B | +1 | — |
| Q1 2025 | 10 | +1 | 14.20M | $614.76M | +2 | −1 |
| Q4 2024 | 9 | -2 | 8.38M | $431.50M | — | −2 |
| Q3 2024 | 10 | +1 | 6.21M | $312.96M | +2 | −1 |
| Q2 2024 | 9 | — | 6.34M | $241.93M | — | — |
| # | Manager | Shares | Δ shares | Value | Their weight | Held | ||
|---|---|---|---|---|---|---|---|---|
| 1 | Geode Capital Management ✦ (passive) | 2.30M | +26.7% | $118.29M | 0.0% | ▲ Add | 3 | SEC ↗ |
| 2 | Geode Capital Management ✦ (passive) | 2.30M | +26.7% | $118.29M | 0.0% | ▲ Add | 3 | SEC ↗ |
| 3 | State Street Global Advisors ✦ (passive) | 1.97M | — | $101.67M | 0.0% | n/c | 1 | SEC ↗ |
| 4 | Fisher Asset Management ✦ | 1.86M | +5.1% | $95.88M | 0.0% | ▲ Add | 3 | SEC ↗ |
| 5 | Norges Bank ✦ (passive) | 1.16M | -9.7% | $59.96M | 0.0% | ▼ Trim | 3 | SEC ↗ |
| 6 | Two Sigma Investments ✦ | 686.62K | -22.6% | $35.35M | 0.1% | ▼ Trim | 3 | SEC ↗ |
| 7 | T. Rowe Price ✦ | 251.57K | +249.1% | $12.95M | 0.0% | ▲ Add | 3 | SEC ↗ |
| 8 | T. Rowe Price ✦ | 251.57K | +249.1% | $12.95M | 0.0% | ▲ Add | 3 | SEC ↗ |
| 9 | Soros Fund Management ✦ | 115.70K | +48.9% | $5.96M | 0.1% | ▲ Add | 3 | SEC ↗ |
| 10 | D. E. Shaw & Co. ✦ | 22.48K | -11.4% | $1.16M | 0.0% | ▼ Trim | 3 | SEC ↗ |
| 11 | D. E. Shaw & Co. ✦ | 22.48K | -11.4% | $1.16M | 0.0% | ▼ Trim | 3 | SEC ↗ |
| 12 | AQR Capital Management ✦ | 5.42K | +35.8% | $278,970 | 0.0% | ▲ Add | 2 | SEC ↗ |
| 13 | AQR Capital Management ✦ | 5.42K | +35.8% | $278,970 | 0.0% | ▲ Add | 2 | SEC ↗ |
| 14 | AQR Capital Management ✦ | 5.42K | +35.8% | $278,970 | 0.0% | ▲ Add | 2 | SEC ↗ |
“Their weight” = the position's share of that manager's reported 13F equity value — the conviction measure. ✦ = curated manager.
New buyers
| No new tracked buyers this quarter. |
Exited
| Point72 Asset Management | $8.43M | was 0.0% |
| Millennium Management | $5.11M | was 0.0% |
Full-market context: across ALL 13F filers (SEC structured data, Q1 2026): 329 holders, 91.64M shares, $3.44B reported. This is a different, older period than the tracked-universe figures above and the two are never mixed.
What else this security's tracked holders most often hold — shared-ownership counts, not fundamental relationships.