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Livermore
Livermore
ZHEN

Lazard Asset Management LLC

SEC CIK
0001207017
Latest filing
Aug 14, 2026

Holdings in Q2 2025

Holdings as of Jun 30, 2025, filed Aug 14, 2025. Long positions only; changes compare share counts with Q1 2025.

Institution overview
Positions
2,287
−43 vs. Q1 2025
Portfolio value
$72.7B
+$7.54B (+11.6%) vs. Q1 2025
Filed
Aug 14, 2025
SEC
Holdings of Lazard Asset Management LLC in Q2 2025
SecurityClassSharesValue% of portfolioShare changeActionHistory
MSFTMicrosoft CorpStock7,614,015$3.79B5.2%−220,358−2.8%ReducedHistory
AMZNAmazon Com IncStock11,452,354$2.51B3.5%−599,255−5.0%ReducedHistory
AAPLApple Inc.Stock11,805,502$2.42B3.3%−63,836−0.5%ReducedHistory
GOOGLAlphabet Inc.Stock8,151,497$1.44B2.0%−270,389−3.2%ReducedHistory
VVisa Inc.Stock3,605,699$1.28B1.8%−766,237−17.5%ReducedHistory
ICEIntercontinental Exchange, Inc.Stock6,632,111$1.22B1.7%−428,907−6.1%ReducedHistory
AVGOBroadcom Inc.Stock4,324,215$1.19B1.6%−3,190−0.1%ReducedHistory
CSXCSX CorpStock34,492,262$1.13B1.5%+10,074,994+41.3%AddedHistory
NVDANVIDIA CorpStock7,068,385$1.12B1.5%+1,477,363+26.4%AddedHistory
TSMTaiwan Semiconductor Manufacturing Co LtdADR4,518,466$1.02B1.4%+65,850+1.5%AddedHistory
BACBank of America CorpStock19,641,855$929.5M1.3%−4,887,525−19.9%ReducedHistory
PGProcter & Gamble CoStock5,504,749$877.0M1.2%+2,195,560+66.3%AddedHistory
NSCNorfolk Southern CorpStock3,289,431$842.0M1.2%+201,861+6.5%AddedHistory
LLYEli Lilly & CoStock1,017,898$793.5M1.1%+238,005+30.5%AddedHistory
EXCExelon CorpStock16,891,609$733.4M1.0%−5,351,820−24.1%ReducedHistory
BSXBoston Scientific CorpStock6,632,760$712.4M1.0%+372,200+5.9%AddedHistory
AMATApplied Materials IncStock3,717,354$680.5M0.9%+105,545+2.9%AddedHistory
XOMExxonMobil Holdings CorpCOM6,247,877$673.5M0.9%−128,786−2.0%ReducedHistory
ADIAnalog Devices IncStock2,807,854$668.3M0.9%−117,207−4.0%ReducedHistory
ROKRockwell Automation, IncStock1,992,020$661.7M0.9%−187,227−8.6%ReducedHistory
DHRDanaher CorpStock3,315,989$655.0M0.9%+311,332+10.4%AddedHistory
AONAon plcCL A1,822,886$650.3M0.9%−418,069−18.7%ReducedHistory
TMOThermo Fisher Scientific Inc.Stock1,600,614$649.0M0.9%+42,767+2.7%AddedHistory
APHAmphenol CorpCL A6,526,129$644.5M0.9%−2,305,516−26.1%ReducedHistory
SCHWSchwab Charles CorpStock6,889,739$628.6M0.9%−536,022−7.2%ReducedHistory
ACNAccenture plcStock2,088,086$624.1M0.9%+123,579+6.3%AddedHistory
KOCoca Cola CoStock8,512,531$602.3M0.8%−444,539−5.0%ReducedHistory
WMWaste Management IncStock2,516,030$575.7M0.8%−526,407−17.3%ReducedHistory
BXBlackstone Inc.COM3,803,344$568.9M0.8%+919,773+31.9%AddedHistory
MRSHMarsh & McLennan Companies, Inc.Stock2,593,291$567.0M0.8%+254,912+10.9%AddedHistory
CCICrown Castle Inc.REIT5,472,810$562.2M0.8%+5,299,155+3,051.5%AddedHistory
MRVLMarvell Technology, Inc.COM7,156,057$553.9M0.8%−164,198−2.2%ReducedHistory
MRKMerck & Co., Inc.Stock6,609,067$523.2M0.7%+1,590,438+31.7%AddedHistory
QCOMQualcomm IncStock3,262,904$519.6M0.7%+509,190+18.5%AddedHistory
MCDMcDonalds CorpStock1,749,348$511.1M0.7%+50,833+3.0%AddedHistory
TTTrane Technologies plcSHS1,135,906$496.9M0.7%+325,853+40.2%AddedHistory
CBChubb LtdStock1,694,857$491.0M0.7%+202,691+13.6%AddedHistory
EFXEquifax IncCOM1,726,990$447.9M0.6%+140,427+8.9%AddedHistory
HDHome Depot, Inc.Stock1,220,640$447.5M0.6%+168,889+16.1%AddedHistory
MDTMedtronic plcStock5,044,193$439.7M0.6%+377,068+8.1%AddedHistory
HDBHDFC Bank LtdSPONSORED ADS5,523,962$423.5M0.6%+1,002,394+22.2%AddedHistory
ZTSZoetis Inc.Stock2,701,905$421.4M0.6%+94,352+3.6%AddedHistory
JJacobs Solutions Inc.COM3,181,227$418.2M0.6%−125,816−3.8%ReducedHistory
GSGoldman Sachs Group IncStock575,614$407.4M0.6%−187,503−24.6%ReducedHistory
BABoeing CoStock1,913,404$400.9M0.6%−184,056−8.8%ReducedHistory
CBRECbre Group, Inc.CL A2,747,959$385.0M0.5%+154,067+5.9%AddedHistory
GOOGAlphabet Inc.Stock2,148,501$381.1M0.5%+168,311+8.5%AddedHistory
AXPAmerican Express CoStock1,137,647$362.9M0.5%−214,055−15.8%ReducedHistory
CRMSalesforce, Inc.Stock1,316,727$359.1M0.5%+54,124+4.3%AddedHistory
AMEAmetek IncCOM1,950,558$353.0M0.5%+287,304+17.3%AddedHistory
AEPAmerican Electric Power Co IncStock3,219,058$334.0M0.5%−3,251,799−50.3%ReducedHistory
NDSNNordson CorpCOM1,557,723$333.9M0.5%−91,196−5.5%ReducedHistory
METAMeta Platforms, Inc.Stock440,470$325.1M0.4%+105,321+31.4%AddedHistory
COPConocoPhillipsStock3,619,564$324.8M0.4%−945,790−20.7%ReducedHistory
SPGIS&P Global Inc.Stock609,420$321.3M0.4%+79,190+14.9%AddedHistory
ISRGIntuitive Surgical IncCOM NEW589,109$320.1M0.4%+2,267+0.4%AddedHistory
ODFLOld Dominion Freight Line, Inc.COM1,933,480$313.8M0.4%+200,681+11.6%AddedHistory
MDLZMondelez International, Inc.Stock4,498,553$303.4M0.4%+475,963+11.8%AddedHistory
IQVIQVIA Holdings Inc.Stock1,866,537$294.1M0.4%+107,500+6.1%AddedHistory
CDNSCadence Design Systems IncStock954,414$294.1M0.4%+218,626+29.7%AddedHistory
AMXAmerica Movil SAB de CVSPON ADS RP CL B16,272,887$291.9M0.4%+832,787+5.4%AddedHistory
ADBEAdobe Inc.Stock749,138$289.8M0.4%−299,380−28.6%ReducedHistory
CRHCRH Public Ltd CoORD3,062,396$281.1M0.4%−115,892−3.6%ReducedHistory
UNHUnitedHealth Group IncStock895,943$279.5M0.4%−363,744−28.9%ReducedHistory
AVYAvery Dennison CorpCOM1,536,889$269.7M0.4%−307,481−16.7%ReducedHistory
PTCPTC Inc.Stock1,547,622$266.7M0.4%+370,097+31.4%AddedHistory
LHLabcorp Holdings Inc.Stock989,433$259.7M0.4%+684,153+224.1%AddedHistory
ADSKAutodesk, Inc.COM830,938$257.2M0.4%+220,804+36.2%AddedHistory
TLKPerusahaan Perseroan Persero PT Telekomunikasi Indonesia TBKSPONSORED ADR14,916,907$252.7M0.3%+1,147,045+8.3%AddedHistory
INTUIntuit Inc.Stock315,628$248.6M0.3%+190,261+151.8%AddedHistory
WIXWix.com Ltd.SHS1,542,153$244.4M0.3%+331,283+27.4%AddedHistory
PBRPetrobras - Petroleo Brasileiro SASPONSORED ADR19,139,752$239.4M0.3%−2,737,100−12.5%ReducedHistory
MUMicron Technology IncStock1,929,673$237.8M0.3%+187,818+10.8%AddedHistory
FISVFiserv IncStock1,370,640$236.3M0.3%+613,884+81.1%AddedHistory
SLBSLB LimitedStock6,788,978$229.5M0.3%+3,031,906+80.7%AddedHistory
AMDAdvanced Micro Devices IncStock1,606,202$227.9M0.3%−29,988−1.8%ReducedHistory
ULUnilever PLCSPON ADR NEW3,662,080$224.0M0.3%−860,664−19.0%ReducedHistory
BRSLBrightstar Lottery PLCSHS USD13,710,117$216.8M0.3%+2,112,995+18.2%AddedHistory
VRTXVertex Pharmaceuticals IncStock480,310$213.8M0.3%−52,287−9.8%ReducedHistory
NICENICE Ltd.SPONSORED ADR1,226,920$207.2M0.3%+659,170+116.1%AddedHistory
GEGeneral Electric CoStock796,422$205.0M0.3%+778,129+4,253.7%AddedHistory
OMCOmnicom Group Inc.COM2,846,395$204.8M0.3%+471,244+19.8%AddedHistory
Alibaba Group Hldg Ltd01609WBG6NOTE 0.500% 6/0–$204.6M0.3%–New–
ETNEaton Corp plcStock565,837$202.0M0.3%+9,035+1.6%AddedHistory
Lumentum Hldgs Inc55024UAD1NOTE 0.500%12/1–$200.8M0.3%–––
CLColgate Palmolive CoStock2,187,957$198.9M0.3%+843,738+62.8%AddedHistory
iShares Core S&P 500 ETF464287200ETF318,798$197.9M0.3%−7,373−2.3%Reduced–
VALEVale S.A.SPONSORED ADS20,080,222$195.0M0.3%+1,002,588+5.3%AddedHistory
ASMLASML Holding NVADR239,471$191.9M0.3%+66,809+38.7%AddedHistory
PACPacific Airport GroupSPON ADS B835,369$191.8M0.3%+59,351+7.6%AddedHistory
ASXASE Technology Holding Co., Ltd.SPONSORED ADS18,161,928$187.6M0.3%−66,406−0.4%ReducedHistory
JD.com, Inc.47215PAJ5NOTE 0.250% 6/0–$182.1M0.3%–New–
CXCemex SAB de CVSPON ADR NEW26,183,191$181.4M0.2%−12,552,892−32.4%ReducedHistory
SBUXStarbucks CorpStock1,909,300$174.9M0.2%−119,221−5.9%ReducedHistory
HRBH&R Block IncCOM3,186,469$174.9M0.2%−543,838−14.6%ReducedHistory
ESEversource EnergyStock2,692,707$171.3M0.2%+2,686,588+43,905.7%AddedHistory
Uber Technologies, Inc90353TAM2NOTE 0.875%12/0–$163.3M0.2%–––
RELXRELX PLCSPONSORED ADR3,002,266$163.1M0.2%−688,867−18.7%ReducedHistory
TXTernium S.A.SPONSORED ADS5,358,772$161.3M0.2%+237,741+4.6%AddedHistory
XRAYDentsply Sirona Inc.Stock10,107,657$160.5M0.2%+745,421+8.0%AddedHistory

Sold out since Q1 2025 (337)

Positions held at the end of Q1 2025 that are gone from this filing.

The largest 100 of 337 by value last quarter.

Positions of Lazard Asset Management LLC sold out since Q1 2025
SecurityClassShares in Q1 2025Value in Q1 2025% of portfolio in Q1 2025History
Akamai Technologies Inc00971TAJ0NOTE 0.125% 5/0–$104.4M0.2%–
HubSpot Inc443573AD2NOTE 0.375% 6/0–$83.1M0.1%–
Datadog, Inc.23804LAB9NOTE 0.125% 6/1–$47.1M0.1%–
American Airls Group Inc02376RAF9NOTE 6.500% 7/0–$42.5M0.1%–
Zscaler, Inc.98980GAB8NOTE 0.125% 7/0–$39.8M0.1%–
Five9, Inc.338307AD3NOTE 0.500% 6/0–$37.9M0.1%–
Sarepta Therapeutics, Inc.803607AD2NOTE 1.250% 9/1–$36.5M0.1%–
Health Catalyst, Inc.42225TAB3NOTE 2.500% 4/1–$30.3M<0.1%–
Varex Imaging Corp92214XAB2NOTE 4.000% 6/0–$30.2M<0.1%–
Neogenomics Inc64049MAA8NOTE 1.250% 5/0–$24.9M<0.1%–
Booking Holdings Inc.09857LAN8NOTE 0.750% 5/0–$24.5M<0.1%–
Zillow Group, Inc.98954MAH4NOTE 2.750% 5/1–$23.3M<0.1%–
Freshpet, Inc.358039AB1NOTE 3.000% 4/0–$21.2M<0.1%–
Bitdeer Technologies Group09175RAA8NOTE 8.500% 8/1–$20.7M<0.1%–
Enphase Energy, Inc.29355AAH0NOTE 3/0–$20.7M<0.1%–
Xeris Pharmaceuticals Inc98422LAA5NOTE 5.000% 7/1–$20.6M<0.1%–
Evolent Health, Inc.30050BAD3NOTE 1.500%10/1–$20.5M<0.1%–
Coherus Biosciences Inc19249HAB9NOTE 1.500% 4/1–$16.5M<0.1%–
Firstenergy Corp337932AR8NOTE 4.000% 5/0–$15.2M<0.1%–
EMNEastman Chemical CoStock148,457$13.1M<0.1%History
NIO Inc.62914VAJ5NOTE 3.875%10/1–$13.1M<0.1%–
BMEZBlackRock Health Sciences Term TrustCOM SHS597,137$8.90M<0.1%History
ATHMAutohome Inc.SP ADS RP CL A309,000$8.56M<0.1%History
BECNQxo Building Products, Inc.COM67,180$8.31M<0.1%History
Veeco Instrs Inc Del922417AF7NOTE 3.750% 6/0–$7.92M<0.1%–
Pinduoduo Inc722304AC6NOTE 12/0–$7.88M<0.1%–
Lyft, Inc.55087PAB0NOTE 1.500% 5/1–$7.59M<0.1%–
Barrick Gold Corp067901108COM388,990$7.56M<0.1%–
Vishay Intertechnology Inc928298AP3NOTE 2.250% 6/1–$7.34M<0.1%–
Penn Natl Gaming Inc707569AU3NOTE 2.750% 5/1–$6.85M<0.1%–
Varonis Sys Inc922280AB8NOTE 1.250% 8/1–$6.09M<0.1%–
OPKOpko Health, Inc.COM3,609,314$5.99M<0.1%History
Cable One, Inc.12685JAG0NOTE 1.125% 3/1–$5.37M<0.1%–
Palo Alto Networks Inc697435AF2NOTE 0.375% 6/0–$5.22M<0.1%–
PPL Cap FDG Inc69352PAS2NOTE 2.875% 3/1–$5.21M<0.1%–
Parsons Corp70202LAB8NOTE 0.250% 8/1–$5.13M<0.1%–
IDAIdacorp IncCOM41,741$4.85M<0.1%History
PTGXProtagonist Therapeutics, IncCOM96,420$4.66M<0.1%History
Vanguard Long-Term Treasury ETF92206C847ETF–$3.93M<0.1%–
DOLEDole plcORD SHS258,108$3.73M<0.1%History
ABXAbacus Global Management, Inc.CL A497,749$3.73M<0.1%History
EVREvercore Inc.CLASS A18,219$3.64M<0.1%History
DACDanaos CorpSHS45,125$3.52M<0.1%History
LZBLa-Z-Boy IncCOM84,938$3.32M<0.1%History
ITGRInteger Holdings CorpCOM25,732$3.04M<0.1%History
ENFNEnfusion, Inc.CL A255,690$2.85M<0.1%History
ORGOOrganogenesis Holdings Inc.COM649,384$2.81M<0.1%History
Despegar Com CorpG27358103ORD SHS145,258$2.73M<0.1%–
SBGISinclair, Inc.CL A169,724$2.70M<0.1%History
TTEKTetra Tech IncCOM82,674$2.42M<0.1%History
JBSSSanfilippo John B & Son IncCOM33,216$2.35M<0.1%History
Sunrun Inc.86771WAD7NOTE 4.000% 3/0–$2.21M<0.1%–
MCYMercury General CorpCOM37,214$2.08M<0.1%History
SNXTD Synnex CorpCOM17,989$1.87M<0.1%History
MTXMinerals Technologies IncCOM29,256$1.86M<0.1%History
PNRPENTAIR plcSHS20,585$1.80M<0.1%History
MHOM/I Homes, Inc.COM14,200$1.62M<0.1%History
SKTTanger Inc.COM46,765$1.58M<0.1%History
Paramount Global92556H206CL B130,625$1.56M<0.1%–
SAHSonic Automotive IncCL A26,622$1.52M<0.1%History
AGCOAGCO CorpCOM16,308$1.51M<0.1%History
WKWorkiva IncCOM CL A18,676$1.42M<0.1%History
ZDZiff Davis, Inc.COM36,551$1.37M<0.1%History
MLABMesa Laboratories IncCOM11,360$1.35M<0.1%History
SSDSimpson Manufacturing Co., Inc.COM8,390$1.32M<0.1%History
DXCDXC Technology CoStock76,881$1.31M<0.1%History
LGTYLogility Supply Chain Solutions, IncCL A91,351$1.30M<0.1%History
LEVILevi Strauss & CoCL A COM STK82,474$1.28M<0.1%History
TALTAL Education GroupSPONSORED ADS97,216$1.28M<0.1%History
LTCLTC Properties IncREIT35,896$1.27M<0.1%History
SBSISouthside Bancshares IncCOM40,028$1.16M<0.1%History
BUSEFirst Busey CorpCOM NEW53,263$1.15M<0.1%History
GOODGladstone Commercial CorpCOM74,068$1.11M<0.1%History
UISUnisys CorpCOM NEW236,202$1.08M<0.1%History
VLRSControladora Vuela Compania de Aviacion, S.A.B. de C.V.SPON ADR RP 10197,551$1.03M<0.1%History
IBCPIndependent Bank CorpCOM NEW33,190$1.02M<0.1%History
iShares Tr464287515EXPANDED TECH11,484$1.02M<0.1%–
PHRPhreesia, Inc.COM38,554$985.0K<0.1%History
BCSFBain Capital Specialty Finance, Inc.COM STK57,051$947.0K<0.1%History
FISIFinancial Institutions IncCOM35,513$886.0K<0.1%History
LINCLincoln Educational Services CorpCOM54,460$864.0K<0.1%History
Bandwidth Inc.05988JAD5NOTE 0.500% 4/0–$808.0K<0.1%–
MAGNMagnera CorpCOM SHS43,275$785.0K<0.1%History
SWISolarWinds CorpCOM42,633$785.0K<0.1%History
UDMYUdemy, Inc.COM100,216$777.0K<0.1%History
GTYGetty Realty CorpCOM24,419$761.0K<0.1%History
FSVFirstService CorpCOM4,258$706.0K<0.1%History
RRXRegal Rexnord CorpCOM5,964$679.0K<0.1%History
QDELQuidelOrtho CorpCOM16,858$589.0K<0.1%History
TSEMTower Semiconductor LtdSHS NEW15,108$538.0K<0.1%History
OGEOGE Energy Corp.COM11,289$517.0K<0.1%History
DCOMDime Commercial Bancshares, Inc.COM18,537$515.0K<0.1%History
FRPHFRP Holdings, Inc.COM17,082$488.0K<0.1%History
Blackstone Mortgage Trust IN09257WAE0NOTE 5.500% 3/1–$487.0K<0.1%–
NEOGNeogen CorpCOM53,015$459.0K<0.1%History
CNDTCONDUENT IncCOM169,741$458.0K<0.1%History
ACNBAcnb CorpCOM10,006$411.0K<0.1%History
Vanguard Morningstar Large-Cap ETF922908637ETF1,568$403.0K<0.1%–
GPORGulfport Energy CorpCOMMON SHARES2,153$396.0K<0.1%History
MBCMasterBrand, Inc.COMMON STOCK29,379$383.0K<0.1%History