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Lazard, Inc.

LAZ
Exchange
NYSE
Industry
Investment Advice
SEC CIK
0001311370

In the last 90 days, Lazard, Inc. insiders filed 0 open-market purchases and 1 sale; 345 institutions reported holding it in 13F filings for Q2 2026, worth $4.26B in total; Southeastern Asset Management (Longleaf) is the only superinvestor holding it.

13F holders, Q4 2025

Institutional positions in Lazard, Inc. as of Dec 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
336
+3 vs. Q3 2025
Shares held
88.7M
+5.13M (+6.1%) vs. Q3 2025
Total value
$4.31B
−$103.5M (−2.3%) vs. Q3 2025
New holders
55
118 more added
Sold out
52
98 more reduced

8 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting LAZ on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ4 2025: 336 institutions
Q1 2021: 262 institutionsQ2 2021: 261 institutionsQ3 2021: 241 institutionsQ4 2021: 251 institutionsQ1 2022: 234 institutionsQ2 2022: 215 institutionsQ3 2022: 216 institutionsQ4 2022: 210 institutionsQ1 2023: 210 institutionsQ2 2023: 198 institutionsQ3 2023: 195 institutionsQ4 2023: 165 institutionsQ1 2024: 228 institutionsQ2 2024: 257 institutionsQ3 2024: 274 institutionsQ4 2024: 294 institutionsQ1 2025: 286 institutionsQ2 2025: 302 institutionsQ3 2025: 341 institutionsQ4 2025: 336 institutionsQ1 2026: 337 institutionsQ2 2026: 345 institutions
Value heldQ4 2025: $4.31B
Q1 2021: $3.63BQ2 2021: $3.66BQ3 2021: $3.68BQ4 2021: $3.44BQ1 2022: $2.65BQ2 2022: $2.44BQ3 2022: $2.31BQ4 2022: $2.25BQ1 2023: $2.11BQ2 2023: $2.12BQ3 2023: $1.97BQ4 2023: $2.17BQ1 2024: $2.96BQ2 2024: $2.94BQ3 2024: $4.00BQ4 2024: $4.17BQ1 2025: $3.80BQ2 2025: $4.15BQ3 2025: $4.41BQ4 2025: $4.31BQ1 2026: $3.91BQ2 2026: $4.26B
Institutions holding LAZ and their total value by quarter
QuarterHoldersValue
Q2 2026345$4.26B
Q1 2026337$3.91B
Q4 2025336$4.31B
Q3 2025341$4.41B
Q2 2025302$4.15B
Q1 2025286$3.80B
Q4 2024294$4.17B
Q3 2024274$4.00B
Q2 2024257$2.94B
Q1 2024228$2.96B
Q4 2023165$2.17B
Q3 2023195$1.97B
Q2 2023198$2.12B
Q1 2023210$2.11B
Q4 2022210$2.25B
Q3 2022216$2.31B
Q2 2022215$2.44B
Q1 2022234$2.65B
Q4 2021251$3.44B
Q3 2021241$3.68B
Q2 2021261$3.66B
Q1 2021262$3.63B

Institutions, Q4 2025

Shares, value and share of portfolio for each institution holding Lazard, Inc.; share changes are against Q3 2025.

Institutions holding LAZ in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
FMR LLC11,259,460$546.8M0.03%+580,855+5.4%Added
Vanguard Group Inc11,149,582$541.4M0.01%−31,170−0.3%Reduced
Price T Rowe Associates Inc8,807,320$427.7M0.05%+1,047,869+13.5%Added
BlackRock, Inc.7,426,222$360.6M0.01%+102,040+1.4%Added
Ariel Investments, LLC5,296,822$257.2M2.78%+50,933+1.0%Added
Capital Research Global Investors2,456,726$119.3M0.02%+221,214+9.9%Added
Geode Capital Management, LLC2,357,095$114.5M0.01%+6,429+0.3%Added
Victory Capital Management Inc1,929,435$93.7M0.05%+39,901+2.1%Added
State Street Corp1,882,887$91.4M0.00%−123,898−6.2%Reduced
Ameriprise Financial Inc1,830,720$88.9M0.02%−53,373−2.8%Reduced
Fisher Asset Management, LLC1,760,637$85.5M0.03%+38,133+2.2%Added
Dimensional Fund Advisors LP1,726,416$83.8M0.02%+106,134+6.6%Added
Norges Bank1,650,918$80.2M0.01%+1,650,918New
Epoch Investment Partners, Inc.1,563,208$75.9M0.43%−47,404−2.9%Reduced
Morgan Stanley1,548,429$75.2M0.00%+67,230+4.5%Added
Principal Financial Group Inc1,480,268$71.9M0.04%−108,073−6.8%Reduced
Janus Henderson Group PLC1,382,751$67.1M0.03%+23,284+1.7%Added
Voya Investment Management LLC1,272,464$61.8M0.06%+106,642+9.1%Added
Invesco Ltd.1,146,174$55.7M0.01%+12,011+1.1%Added
Charles Schwab Investment Management Inc1,048,212$50.9M0.01%−4,114−0.4%Reduced
Royce & Associates LP896,328$43.5M0.44%+51,191+6.1%Added
Goldman Sachs Group Inc861,179$41.8M0.01%−1,229−0.1%Reduced
Citadel Advisors LLC656,289$31.9M0.02%+337,501+105.9%Added
Ranger Investment Management, L.P.582,002$28.3M1.94%−2,888−0.5%Reduced
Northern Trust Corp572,182$27.8M0.00%−20,134−3.4%Reduced
First Trust Advisors LP544,626$26.4M0.02%+125,292+29.9%Added
Royal Bank of Canada534,058$25.9M0.00%−274,793−34.0%Reduced
Federated Hermes, Inc.518,518$25.2M0.04%−55,768−9.7%Reduced
Algebris (UK) Ltd502,730$24.4M1.94%+502,730New
Bank of New York Mellon Corp501,754$24.4M0.00%−112,095−18.3%Reduced
Crawford Investment Counsel Inc362,741$17.6M0.29%+1,405+0.4%Added
AE Wealth Management LLC362,304$17.6M0.10%+11,039+3.1%Added
Two Sigma Investments, LP350,818$17.0M0.03%+225,445+179.8%Added
Bank of America Corp349,336$17.0M0.00%−56,494−13.9%Reduced
MetLife Investment Management336,588$16.3M0.08%+260+0.1%Added
UBS Group AG332,333$16.1M0.00%+126,768+61.7%Added
Citigroup Inc329,085$16.0M0.01%−29,133−8.1%Reduced
Woodline Partners LP314,530$15.3M0.06%+314,530New
Nuveen, LLC298,710$14.5M0.00%+3,114+1.1%Added
Basswood Capital Management, L.L.C.293,883$14.3M0.63%+104,067+54.8%Added
GW Henssler & Associates Ltd290,405$14.1M0.68%−13,926−4.6%Reduced
Jane Street Group, LLC263,246$12.8M0.02%+27,866+11.8%Added
UBS Asset Management Americas Inc262,748$12.8M0.00%−51,482−16.4%Reduced
Penn Capital Management Co Inc261,866$12.8M1.02%−12,941−4.7%Reduced
Susquehanna International Group, LLP259,128$12.6M0.02%+31,199+13.7%Added
Walleye Capital LLC257,311$12.5M0.07%−112,661−30.5%Reduced
New York State Common Retirement Fund227,030$11.0M0.01%00.0%Unchanged
Susquehanna Portfolio Strategies, LLC218,412$10.6M0.16%00.0%Unchanged
AQR Capital Management LLC208,203$10.1M0.01%+137,244+193.4%Added
Swedbank AB207,000$10.1M0.01%00.0%Unchanged
Squarepoint Ops LLC197,134$9.57M0.02%+197,134New
Crestwood Advisors Group LLC196,848$9.56M0.16%+13,199+7.2%Added
Amica Mutual Insurance Co189,903$9.22M0.80%+71,875+60.9%Added
Swiss National Bank186,000$9.03M0.01%+3,500+1.9%Added
California Public Employees Retirement System185,834$9.02M0.01%−9,886−5.1%Reduced
Bokf, NA185,196$8.99M0.14%−35,247−16.0%Reduced
State of Alaska, Department of Revenue181,368$8.81M0.09%+10,211+6.0%Added
Buck Wealth Strategies, LLC180,962$8.79M1.12%+180,962New
TD Asset Management Inc178,961$8.69M0.01%+7,751+4.5%Added
Purpose Unlimited Inc.176,526$8.57M0.39%+176,526New
Dark Forest Capital Management LP174,421$8.47M0.39%+155,909+842.2%Added
Two Sigma Advisers, LP155,000$7.53M0.01%+22,500+17.0%Added
JPMorgan Chase & Co144,846$7.03M0.00%+15,675+12.1%Added
Russell Investments Group, Ltd.134,514$6.53M0.01%−4,309−3.1%Reduced
Point72 Asset Management, L.P.134,480$6.53M0.01%+24,131+21.9%Added
Capital Fund Management S.A.134,459$6.53M0.06%+59,214+78.7%Added
Nomura Asset Management International Inc.128,617$6.25M0.01%+128,617New
ExodusPoint Capital Management, LP125,005$6.07M0.07%+125,005New
Cambiar Investors LLC122,970$5.97M0.27%+14,374+13.2%Added
Freemont Management S.A.116,205$5.64M1.11%+77,100+197.2%Added
State of Wisconsin Investment Board106,611$5.18M0.01%−554−0.5%Reduced
State Board of Administration of Florida Retirement System106,249$5.16M0.01%−7,170−6.3%Reduced
Colony Group, LLC100,735$4.89M0.01%+122+0.1%Added
D. E. Shaw & Co., Inc.96,761$4.70M0.00%−45,068−31.8%Reduced
Legal & General Group Plc92,509$4.49M0.00%−8,696−8.6%Reduced
California State Teachers Retirement System89,443$4.34M0.00%+1,255+1.4%Added
Rhumbline Advisers88,158$4.28M0.00%−18,321−17.2%Reduced
Qube Research & Technologies Ltd88,131$4.28M0.01%+88,131New
Alps Advisors Inc84,358$4.10M0.02%−5,534−6.2%Reduced
Barclays PLC80,483$3.91M0.00%+51,644+179.1%Added
Millennium Management LLC78,642$3.82M0.00%−44,566−36.2%Reduced
Credit Agricole S A77,517$3.76M0.01%00.0%Unchanged
Algert Global LLC72,520$3.52M0.05%+37,130+104.9%Added
Wells Fargo & Company68,642$3.33M0.00%+2,232+3.4%Added
SEI Investments Co66,217$3.22M0.00%−4,261−6.0%Reduced
Janney Montgomery Scott LLC66,102$3.21M0.01%+2,262+3.5%Added
Icon Advisers Inc61,843$3.00M0.65%00.0%Unchanged
Los Angeles Capital Management LLC60,701$2.96M0.01%00.0%Unchanged
Van Berkom & Associates Inc.60,317$2.93M0.08%+4,986+9.0%Added
Lighthouse Investment Partners, LLC59,436$2.89M0.10%+59,436New
Kingsview Wealth Management, LLC58,059$2.82M0.04%+58,059New
First National Trust Co57,194$2.78M0.09%00.0%Unchanged
Callahan Advisors, LLC56,271$2.73M0.22%−2,413−4.1%Reduced
Leuthold Group, LLC55,271$2.68M0.29%+49,677+888.0%Added
Illinois Municipal Retirement Fund55,266$2.68M0.03%−8,087−12.8%Reduced
STRS Ohio55,204$2.68M0.01%+40.0%Added
Stifel Financial Corp53,025$2.57M0.00%+5,435+11.4%Added
Lesa Sroufe & Co52,834$2.57M1.91%−20.0%Reduced
Jackson Hole Capital Partners, LLC52,779$2.56M0.44%−1,792−3.3%Reduced
M&T Bank Corp49,835$2.42M0.01%+736+1.5%Added