Lazard Asset Management Portfolio
Lazard Asset Management 13F filer (CIK 0001207017).
Q2 2026 · 1767 positions · Total reported value $64.19B · Top-10 concentration 25.7%
Turnover: 53.7% · 279 new · 566 cut · 223 exited
Active Share (vs S&P 500): 54.3% · vs QQQ: 68.9% — share of the book that differs from index weights (higher = more active) · ranking
In its Q2 2026 13F filing, Lazard Asset Management disclosed 1767 equity positions with a combined reported value of $64.19B. The filing implies a moderately concentrated portfolio: its ten largest positions account for 25.7% of reported value. HoldingsHub classifies the profile as Large / High Turnover.
The largest disclosed positions as of Q2 2026 were NVDA ($2.57B), AAPL ($2.35B), MSFT ($1.98B). By sector, the heaviest allocations are Technology 34.3%, Consumer Discretionary 13.1%. Versus the prior quarter, allocation shifted toward Technology (+3.3pp) and away from Consumer Discretionary (-0.7pp), Energy (-0.8pp).
Versus the prior quarter, Lazard Asset Management opened 279 new positions, trimmed 566 and fully exited 223, a turnover rate of 53.7% of positions. The portfolio's overlap with the prior quarter was 75% of names.
Figures come from the fund's SEC Form 13F filing. 13F reports are filed within 45 days of quarter end and cover long positions of $100,000 or more; they exclude short positions and non-13F asset classes, so treat this page as a quarter-end snapshot rather than the fund's live book.
Sector Allocation
| # | Symbol | Company | Shares | Value | Weight | Change |
|---|---|---|---|---|---|---|
| 1 | NVDA | NVIDIA CORPORATION | 12.86M | $2.57B | 4.01% | Add |
| 2 | AAPL | APPLE INC | 8.14M | $2.35B | 3.67% | Reduce |
| 3 | MSFT | MICROSOFT CORP | 5.30M | $1.98B | 3.08% | Hold |
| 4 | AMZN | AMAZON COM INC | 7.80M | $1.86B | 2.90% | Add |
| 5 | EXC | EXELON CORP | 32.17M | $1.50B | 2.34% | Add |
| 6 | TSM | TAIWAN SEMICONDUCTOR MANUFAC | 3.01M | $1.44B | 2.24% | Add |
| 7 | AMT | AMERICAN TOWER CORP | 8.40M | $1.37B | 2.14% | Add |
| 8 | GOOG | ALPHABET INC | 3.64M | $1.29B | 2.00% | Add |
| 9 | CCI | CROWN CASTLE INC | 15.10M | $1.14B | 1.78% | Add |
| 10 | FER | FERROVIAL NV | 14.82M | $1.02B | 1.58% | Add |
| 11 | ED | CONSOLIDATED EDISON INC | 8.42M | $931.36M | 1.45% | Add |
| 12 | V | VISA INC | 2.48M | $849.26M | 1.32% | Add |
| 13 | LLY | ELI LILLY & CO | 694.29K | $832.76M | 1.30% | Reduce |
| 14 | KLAC | KLA CORP | 2.43M | $732.32M | 1.14% | Add |
| 15 | AMD | ADVANCED MICRO DEVICES INC | 1.20M | $694.72M | 1.08% | Add |
| 16 | MU | MICRON TECHNOLOGY INC | 563.54K | $650.49M | 1.01% | Reduce |
| 17 | ADI | ANALOG DEVICES INC | 1.63M | $645.43M | 1.00% | Reduce |
| 18 | AVGO | BROADCOM INC | 1.68M | $633.50M | 0.99% | Reduce |
| 19 | PANW | PALO ALTO NETWORKS INC | 1.81M | $618.89M | 0.96% | Reduce |
| 20 | BAC | BANK OF AMER CORP | 10.82M | $616.36M | 0.96% | Reduce |
| 21 | ASML | ASML HLDG NV | 286.19K | $569.35M | 0.89% | Reduce |
| 22 | TMO | THERMO FISHER SCIENTIFIC INC | 1.13M | $568.59M | 0.89% | Reduce |
| 23 | AMX | AMERICA MOVIL SAB DE CV | 20.86M | $542.15M | 0.84% | Hold |
| 24 | APH | AMPHENOL CORP | 3.05M | $537.32M | 0.84% | Reduce |
| 25 | AME | AMETEK INC | 2.07M | $501.58M | 0.78% | Add |
| 26 | CNI | CANADIAN NATL RY CO | 3.91M | $466.32M | 0.73% | Reduce |
| 27 | AZN | ASTRAZENECA PLC | 2.33M | $438.11M | 0.68% | Add |
| 28 | PG | PROCTER & GAMBLE CO | 2.87M | $420.96M | 0.66% | Reduce |
| 29 | PBR | PETROLEO BRASILEIRO S A | 25.61M | $413.93M | 0.65% | Add |
| 30 | ICE | INTERCONTINENTAL EXCHANGE IN | 3.20M | $394.00M | 0.61% | Reduce |
| 31 | ROK | ROCKWELL AUTOMATION INC | 793.89K | $393.04M | 0.61% | Add |
| 32 | AMAT | APPLIED MATLS INC | 515.89K | $372.99M | 0.58% | Reduce |
| 33 | AON | AON PLC | 1.12M | $372.45M | 0.58% | Reduce |
| 34 | ISRG | INTUITIVE SURGICAL INC | 925.81K | $368.18M | 0.57% | Add |
| 35 | INFY | INFOSYS LTD | 34.41M | $360.92M | 0.56% | Add |
| 36 | ASX | ASE TECHNOLOGY HLDG CO LTD | 7.97M | $359.62M | 0.56% | Reduce |
| 37 | VALE | VALE S A | 23.88M | $359.14M | 0.56% | Add |
| 38 | META | META PLATFORMS INC. CLASS A | 635.18K | $357.79M | 0.56% | Hold |
| 39 | DHR | DANAHER CORP DEL | 1.87M | $356.23M | 0.56% | Reduce |
| 40 | JNJ | JOHNSON & JOHNSON | 1.36M | $346.59M | 0.54% | Add |
| 41 | TLK | TELEKOMUNIKASI IND | 24.89M | $334.25M | 0.52% | Reduce |
| 42 | QCOM | QUALCOMM INC | 1.80M | $332.09M | 0.52% | Reduce |
| 43 | BAP | CREDICORP LTD | 850.62K | $331.38M | 0.52% | Add |
| 44 | LIN | LINDE PLC | 633.62K | $328.83M | 0.51% | Reduce |
| 45 | CDNS | CADENCE DESIGN SYSTEM INC | 842.89K | $316.36M | 0.49% | Reduce |
| 46 | CB | CHUBB LIMITED | 926.59K | $315.73M | 0.49% | Reduce |
| 47 | KO | COCA COLA CO | 3.86M | $313.96M | 0.49% | Reduce |
| 48 | SCHW | SCHWAB CHARLES CORP | 3.35M | $308.78M | 0.48% | Add |
| 49 | RBA | RB GLOBAL INC | 2.65M | $308.48M | 0.48% | Add |
| 50 | WM | WASTE MGMT INC DEL | 1.34M | $298.57M | 0.47% | Reduce |