LAZ
Lazard Inc · Financial Services · Financial - Capital Markets
Momentum inputs (comparable managers):
holder breadth +18.8% ·
share flow +1.1% ·
net new positions +10.5%
— formula
Broad accumulation — rising shares across more holders
All ownership figures: tracked 13F managers only, common-stock positions, reporting period Q3 2025
| 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 | The Vanguard Group ✦ (passive) | 11.18M | +2.2% | $590.12M | 0.0% | ▲ Add | 2 | SEC ↗ |
| 2 | The Vanguard Group ✦ (passive) | 11.18M | +2.2% | $590.12M | 0.0% | ▲ Add | 2 | SEC ↗ |
| 3 | The Vanguard Group ✦ (passive) | 11.18M | +2.2% | $590.12M | 0.0% | ▲ Add | 2 | SEC ↗ |
| 4 | The Vanguard Group ✦ (passive) | 11.18M | +2.2% | $590.12M | 0.0% | ▲ Add | 2 | SEC ↗ |
| 5 | The Vanguard Group ✦ (passive) | 11.18M | +2.2% | $590.12M | 0.0% | ▲ Add | 2 | SEC ↗ |
| 6 | Fidelity (FMR) ✦ | 10.68M | -5.2% | $563.62M | 0.0% | ▼ Trim | 2 | SEC ↗ |
| 7 | Fidelity (FMR) ✦ | 10.68M | -5.2% | $563.62M | 0.0% | ▼ Trim | 2 | SEC ↗ |
| 8 | Fidelity (FMR) ✦ | 10.68M | -5.2% | $563.62M | 0.0% | ▼ Trim | 2 | SEC ↗ |
| 9 | Fidelity (FMR) ✦ | 10.68M | -5.2% | $563.62M | 0.0% | ▼ Trim | 2 | SEC ↗ |
| 10 | Fidelity (FMR) ✦ | 10.68M | -5.2% | $563.62M | 0.0% | ▼ Trim | 2 | SEC ↗ |
| 11 | T. Rowe Price ✦ | 7.76M | +12.1% | $409.55M | 0.0% | ▲ Add | 6 | SEC ↗ |
| 12 | T. Rowe Price ✦ | 7.76M | +12.1% | $409.55M | 0.0% | ▲ Add | 6 | SEC ↗ |
| 13 | BlackRock ✦ (passive) | 7.32M | -4.4% | $386.57M | 0.0% | ▼ Trim | 2 | SEC ↗ |
| 14 | BlackRock ✦ (passive) | 7.32M | -4.4% | $386.57M | 0.0% | ▼ Trim | 2 | SEC ↗ |
| 15 | BlackRock ✦ (passive) | 7.32M | -4.4% | $386.57M | 0.0% | ▼ Trim | 2 | SEC ↗ |
| 16 | BlackRock ✦ (passive) | 7.32M | -4.4% | $386.57M | 0.0% | ▼ Trim | 2 | SEC ↗ |
| 17 | BlackRock ✦ (passive) | 7.32M | -4.4% | $386.57M | 0.0% | ▼ Trim | 2 | SEC ↗ |
| 18 | BlackRock ✦ (passive) | 7.32M | -4.4% | $386.57M | 0.0% | ▼ Trim | 2 | SEC ↗ |
| 19 | BlackRock ✦ (passive) | 7.32M | -4.4% | $386.57M | 0.0% | ▼ Trim | 2 | SEC ↗ |
| 20 | BlackRock ✦ (passive) | 7.32M | -4.4% | $386.57M | 0.0% | ▼ Trim | 2 | SEC ↗ |
| 21 | BlackRock ✦ (passive) | 7.32M | -4.4% | $386.57M | 0.0% | ▼ Trim | 2 | SEC ↗ |
| 22 | BlackRock ✦ (passive) | 7.32M | -4.4% | $386.57M | 0.0% | ▼ Trim | 2 | SEC ↗ |
| 23 | BlackRock ✦ (passive) | 7.32M | -4.4% | $386.57M | 0.0% | ▼ Trim | 2 | SEC ↗ |
| 24 | BlackRock ✦ (passive) | 7.32M | -4.4% | $386.57M | 0.0% | ▼ Trim | 2 | SEC ↗ |
| 25 | BlackRock ✦ (passive) | 7.32M | -4.4% | $386.57M | 0.0% | ▼ Trim | 2 | SEC ↗ |
| 26 | BlackRock ✦ (passive) | 7.32M | -4.4% | $386.57M | 0.0% | ▼ Trim | 2 | SEC ↗ |
| 27 | BlackRock ✦ (passive) | 7.32M | -4.4% | $386.57M | 0.0% | ▼ Trim | 2 | SEC ↗ |
| 28 | BlackRock ✦ (passive) | 7.32M | -4.4% | $386.57M | 0.0% | ▼ Trim | 2 | SEC ↗ |
| 29 | Geode Capital Management ✦ (passive) | 2.35M | -1.5% | $124.09M | 0.0% | ▼ Trim | 6 | SEC ↗ |
| 30 | Geode Capital Management ✦ (passive) | 2.35M | -1.5% | $124.09M | 0.0% | ▼ Trim | 6 | SEC ↗ |
| 31 | State Street Global Advisors ✦ (passive) | 2.01M | -4.8% | $105.92M | 0.0% | ▼ Trim | 4 | SEC ↗ |
| 32 | Fisher Asset Management ✦ | 1.72M | +1.2% | $90.91M | 0.0% | ▲ Add | 6 | SEC ↗ |
| 33 | Morgan Stanley ✦ | 1.48M | — | $78.18M | 0.0% | n/c | 1 | SEC ↗ |
| 34 | Morgan Stanley ✦ | 1.48M | — | $78.18M | 0.0% | n/c | 1 | SEC ↗ |
| 35 | Morgan Stanley ✦ | 1.48M | — | $78.18M | 0.0% | n/c | 1 | SEC ↗ |
| 36 | Morgan Stanley ✦ | 1.48M | — | $78.18M | 0.0% | n/c | 1 | SEC ↗ |
| 37 | Morgan Stanley ✦ | 1.48M | — | $78.18M | 0.0% | n/c | 1 | SEC ↗ |
| 38 | Morgan Stanley ✦ | 1.48M | — | $78.18M | 0.0% | n/c | 1 | SEC ↗ |
| 39 | Morgan Stanley ✦ | 1.48M | — | $78.18M | 0.0% | n/c | 1 | SEC ↗ |
| 40 | Morgan Stanley ✦ | 1.48M | — | $78.18M | 0.0% | n/c | 1 | SEC ↗ |
| 41 | Morgan Stanley ✦ | 1.48M | — | $78.18M | 0.0% | n/c | 1 | SEC ↗ |
| 42 | Goldman Sachs Group ✦ | 862.41K | — | $45.52M | 0.0% | n/c | 1 | SEC ↗ |
| 43 | Goldman Sachs Group ✦ | 862.41K | — | $45.52M | 0.0% | n/c | 1 | SEC ↗ |
| 44 | Citadel Advisors ✦ | 318.79K | +133.6% | $16.83M | 0.0% | ▲ Add | 3 | SEC ↗ |
| 45 | Citadel Advisors ✦ | 318.79K | +133.6% | $16.83M | 0.0% | ▲ Add | 3 | SEC ↗ |
| 46 | JPMorgan Chase ✦ | 258.34K | — | $13.64M | 0.0% | n/c | 1 | SEC ↗ |
| 47 | JPMorgan Chase ✦ | 258.34K | — | $13.64M | 0.0% | n/c | 1 | SEC ↗ |
| 48 | JPMorgan Chase ✦ | 258.34K | — | $13.64M | 0.0% | n/c | 1 | SEC ↗ |
| 49 | JPMorgan Chase ✦ | 258.34K | — | $13.64M | 0.0% | n/c | 1 | SEC ↗ |
| 50 | JPMorgan Chase ✦ | 258.34K | — | $13.64M | 0.0% | n/c | 1 | SEC ↗ |
| 51 | JPMorgan Chase ✦ | 258.34K | — | $13.64M | 0.0% | n/c | 1 | SEC ↗ |
| 52 | D. E. Shaw & Co. ✦ | 141.83K | New | $7.49M | 0.0% | New | 1 | SEC ↗ |
| 53 | Two Sigma Investments ✦ | 125.37K | +5.1% | $6.62M | 0.0% | ▲ Add | 6 | SEC ↗ |
| 54 | Soros Fund Management ✦ | 124.75K | -22.4% | $6.58M | 0.1% | ▼ Trim | 6 | SEC ↗ |
| 55 | Millennium Management ✦ | 123.21K | +88.5% | $6.50M | 0.0% | ▲ Add | 2 | SEC ↗ |
| 56 | Point72 Asset Management ✦ | 110.35K | New | $5.82M | 0.0% | New | 1 | SEC ↗ |
| 57 | AQR Capital Management ✦ | 70.96K | +11.2% | $3.75M | 0.0% | ▲ Add | 5 | SEC ↗ |
| 58 | AQR Capital Management ✦ | 70.96K | +11.2% | $3.75M | 0.0% | ▲ Add | 5 | SEC ↗ |
| 59 | AQR Capital Management ✦ | 70.96K | +11.2% | $3.75M | 0.0% | ▲ Add | 5 | SEC ↗ |
| 60 | AQR Capital Management ✦ | 70.96K | +11.2% | $3.75M | 0.0% | ▲ Add | 5 | SEC ↗ |
| 61 | Bridgewater Associates ✦ | 18.37K | New | $969,357 | 0.0% | New | 1 | SEC ↗ |
| 62 | GAMCO Investors ✦ | 4.00K | New | $211,120 | 0.0% | New | 1 | SEC ↗ |
“Their weight” = the position's share of that manager's reported 13F equity value — the conviction measure. ✦ = curated manager.
New buyers
| D. E. Shaw & Co. | $7.49M | 0.0% |
| Point72 Asset Management | $5.82M | 0.0% |
| Bridgewater Associates | $969,357 | 0.0% |
| GAMCO Investors | $211,120 | 0.0% |
Exited
| Norges Bank | $66.55M | was 0.0% |
| Wellington Management | $620,094 | 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.