LAZARD ASSET MANAGEMENT LLC
CIK: 0001207017Latest portfolio: $59.0B · Q4 2025
Holdings
1,834
Total Value
$59.0B
New Positions
259
Closed Positions
220
Top Holdings
View All 1,834 Holdings →| # | Stock | Shares | Value | % Portfolio | Change | Type |
|---|---|---|---|---|---|---|
| 1 | MSFTMICROSOFT CORP | 4,922,273 | $2.4B | 4.03% | +4.9M | |
| 2 | AAPLAPPLE INC | 7,365,075 | $2.0B | 3.39% | +7.4M | |
| 3 | AMZNAMAZON COM INC | 7,239,349 | $1.7B | 2.83% | -4,368,515 | |
| 4 | NVDANVIDIA CORPORATION | 8,384,612 | $1.6B | 2.65% | +8.4M | |
| 5 | GOOGLALPHABET INC | 3,519,790 | $1.1B | 1.86% | -3,626,772 | |
| 6 | AMTAMERICAN TOWER CORP NEW | 6,084,963 | $1.1B | 1.81% | +6.1M | |
| 7 | 8CWCROWN CASTLE INC | 11,635,117 | $1.0B | 1.75% | +11.6M | |
| 8 | PEOEXELON CORP | 23,130,053 | $1.0B | 1.71% | +684K | |
| 9 | TSMTAIWAN SEMICONDUCTOR MFG LTD | 3,249,879 | $987.0M | 1.67% | -1,308,690 | |
| 10 | GOOGALPHABET INC | 2,876,014 | $902.0M | 1.53% | +166K | |
| 11 | CNRCANADIAN NATL RY CO | 8,903,624 | $880.0M | 1.49% | -52,087 | |
| 12 | FERFERROVIAL SE | 13,481,383 | $875.0M | 1.48% | -8,506,319 | |
| 13 | AVGOBROADCOM INC | 2,422,234 | $838.0M | 1.42% | -1,656,885 | |
| 14 | VVISA INC | 2,359,602 | $827.0M | 1.40% | -1,244,368 | |
| 15 | CSXCSX CORP | 20,660,113 | $748.0M | 1.27% | -10,030,003 | |
| 16 | LLYELI LILLY & CO | 669,395 | $718.0M | 1.22% | +669K | |
| 17 | TMOTHERMO FISHER SCIENTIFIC INC | 1,234,434 | $714.0M | 1.21% | -348,438 | |
| 18 | EDCONSOLIDATED EDISON INC | 6,165,594 | $612.0M | 1.04% | +205K | |
| 19 | BACBANK AMERICA CORP | 10,499,846 | $576.0M | 0.98% | -9,202,546 | |
| 20 | ICEINTERCONTINENTAL EXCHANGE IN | 3,270,198 | $529.0M | 0.90% | -3,127,598 | |
| 21 | PGPROCTER AND GAMBLE CO | 3,594,440 | $514.0M | 0.87% | -2,413,165 | |
| 22 | APHAMPHENOL CORP NEW | 3,752,993 | $507.0M | 0.86% | -2,431,599 | |
| 23 | DHRDANAHER CORPORATION | 2,172,812 | $496.0M | 0.84% | -1,123,897 | |
| 24 | MRKMERCK & CO INC | 4,407,041 | $463.0M | 0.78% | -2,656,631 | |
| 25 | HDBHDFC BANK LTD | 12,478,341 | $455.0M | 0.77% | +1.0M |
Quarterly Changes
New Positions
Increased Positions
| Name | Shares | Change |
|---|---|---|
| W 3.25 09/15/27 | 92.2M | +61.9M |
| EXAS 0.375 03/01/28 | 63.8M | +42.2M |
| EXAS 0.375 03/15/27 | 55.9M | +36.3M |
| SIRI 3.75 03/15/28 | 45.2M | +33.0M |
| BMRN 1.25 05/15/27 | 55.4M | +31.4M |
| NET 0 08/15/26 | 70.1M | +25.5M |
| ETSY 0.25 06/15/28 | 59.8M | +24.8M |
| WEC 4.375 06/01/29 | 99.7M | +20.4M |
| FIVN 1 03/15/29 | 73.3M | +20.3M |
| BBIO 2.5 03/15/27 | 42.3M | +19.0M |
Decreased Positions
| Name | Shares | Change |
|---|---|---|
| HALO 0.25 03/01/27 | 1.4M | -37267000 |
| JAZZ 2 06/15/26 | 53.7M | -34174000 |
| NTNX 0.25 10/01/27 | 25.9M | -31961000 |
| PTCT 1.5 09/15/26 | 16.8M | -31585000 |
| ENOV 3.875 10/15/28 | 16.0M | -31261000 |
| UBER 0.875 12/01/28 2028 | 54.9M | -26338000 |
| LITE 0.5 12/15/26 | 20.7M | -24086000 |
| JD 0.25 06/01/29 | 125.9M | -18434000 |
| WT 3.25 08/15/29 | 16.4M | -15601000 |
| IRTC 1.5 09/01/29 | 1.2M | -14179000 |
Sector Breakdown
TechnologyNaN% ($InfinityT)
Consumer CyclicalNaN% ($InfinityT)
UnknownNaN% ($InfinityT)
IndustrialsNaN% ($InfinityT)
Financial ServicesNaN% ($InfinityT)
HealthcareNaN% ($InfinityT)
Consumer Defensive0.0% ($5.14000284000167e+236T)
Energy0.0% ($8.80000344000273e+211T)
Real Estate0.0% ($1.06800018100064e+208T)
Basic Materials0.0% ($2.92000275000223e+193T)
Communication Services0.0% ($1.100000902000365e+184T)
Utilities0.0% ($6.120009300048001e+124T)
Filing History
| Quarter | Filing Date | Portfolio Value | Holdings |
|---|---|---|---|
| Q4 2025 | Feb 17, 2026 | $59.0B | 2,068 |
| Q3 2025 | Nov 14, 2025 | $74.3T | 2,000 |
| Q2 2025 | Aug 14, 2025 | $72.7B | 3,684 |
| Q1 2025 | May 15, 2025 | $65.1B | 3,727 |
| Q4 2024 | Feb 14, 2025 | $68.4B | 3,807 |
| Q3 2024 | Nov 14, 2024 | $74.8T | 3,726 |
| Q2 2024 | Aug 14, 2024 | $79.7T | 3,826 |
| Q1 2024 | May 14, 2024 | $82.4T | 3,146 |
| Q4 2023 | Feb 14, 2024 | $79.0T | 3,401 |
| Q3 2023 | Nov 14, 2023 | $73.5T | 3,410 |
| Q2 2023 | Aug 15, 2023 | $81.2T | 3,403 |
| Q1 2023 | May 15, 2023 | $76.3T | 3,201 |
| Q4 2022 | Feb 15, 2023 | $72.6T | 3,227 |
| Q3 2022 | Nov 14, 2022 | $68.4T | 3,169 |
| Q2 2022 | Aug 9, 2022 | $73.9T | 3,268 |
| Q1 2022 | May 13, 2022 | $86.3T | 3,199 |
| Q4 2021 | Feb 9, 2022 | $94.0T | 3,062 |
| Q3 2021 | Nov 15, 2021 | $88.6T | 3,015 |
| Q2 2021 | Aug 12, 2021 | $89.1T | 2,652 |
| Q1 2021 | May 14, 2021 | $82.6T | 2,476 |
| Q4 2020 | Feb 11, 2021 | $79.1T | 2,436 |
| Q3 2020 | Nov 13, 2020 | $71.1T | 2,175 |
| Q2 2020 | Aug 13, 2020 | $65.1T | 2,183 |
| Q1 2020 | May 14, 2020 | $54.6T | 2,122 |
| Q4 2019 | Feb 13, 2020 | $70.0T | 2,092 |
| Q3 2019 | Nov 14, 2019 | $60.9T | 2,042 |
| Q2 2019 | Aug 14, 2019 | $61.7T | 1,727 |
| Q1 2019 | May 13, 2019 | $60.8T | 1,536 |
| Q4 2018 | Feb 13, 2019 | $48.8T | 1,388 |
| Q3 2018 | Nov 13, 2018 | $55.6T | 1,494 |
| Q2 2018 | Aug 13, 2018 | $51.6T | 1,441 |
| Q1 2018 | May 14, 2018 | $52.8T | 1,436 |
| Q4 2017 | Feb 13, 2018 | $52.8T | 1,460 |
| Q3 2017 | Nov 13, 2017 | $50.3T | 1,281 |
| Q2 2017 | Aug 11, 2017 | $48.1T | 1,288 |
| Q1 2017 | May 12, 2017 | $48.6T | 1,386 |
| Q4 2016 | Feb 13, 2017 | $44.9T | 1,252 |
| Q3 2016 | Nov 14, 2016 | $45.9T | 1,246 |
| Q2 2016 | Aug 15, 2016 | $43.5T | 1,315 |
| Q1 2016 | May 12, 2016 | $41.7T | 1,296 |
Fund Information
LAZARD ASSET MANAGEMENT LLC is an institutional investment manager that files 13F reports with the SEC. As of the Q4 2025 filing, the fund reported a portfolio valued at $59.0B across 1,834 holdings. The largest position is MICROSOFT CORP (MSFT), representing 4.0% of the portfolio. Compared to the previous quarter, the fund opened 288 new positions and closed 245 positions. 13F filings are required quarterly disclosures that provide transparency into the holdings of institutional investment managers with at least $100 million in qualifying assets.