LAZARD ASSET MANAGEMENT LLC — 13F Holdings & Portfolio
CIK 1207017 · latest 13F-HR filed 2026-05-15
LAZARD ASSET MANAGEMENT LLC manages $60.78B in 13F-reported U.S. long-equity assets across 2,050 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are AAPL (3.43%), MSFT (3.22%), NVDA (2.96%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 288 new positions, exited 275, added to 706, and trimmed 634.
AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.
$60.78B
Long-equity book
2,050
Distinct positions
2026-03-31
Filed 2026-05-15
+288 / −275 / ↑706 / ↓634
vs 2025-12-31
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- PETROLEO BRASILEIRO S A$249.4M +90.8%
- NVIDIA CORPORATION$233.8M +14.9%
- EXELON CORP$198.6M +19.7%
- AMERICAN TOWER CORP$195.9M +18.3%
- CONSOLIDATED EDISON INC$188.5M +30.8%
Top Trims
- MICROSOFT CORP-$420.5M -17.7%
- HDFC BANK LTD-$183.8M -40.3%
- GOLDMAN SACHS GROUP INC-$157.7M -60.5%
- SALESFORCE INC-$137.0M -38.5%
- THERMO FISHER SCIENTIFIC INC-$114.6M -16.0%
New Positions
- ASTRAZENECA PLC$432.8M
- RB GLOBAL INC$210.1M
- VISTA ENERGY S.A.B. DE C.V.$102.6M
- THE CAMPBELLS COMPANY$61.3M
- AECOM$54.7M
Exited Positions
- ASTRAZENECA PLC$122.9M
- BAXTER INTL INC$118.3M
- ELBIT SYS LTD$74.6M
- KROGER CO$24.0M
- MAKEMYTRIP LIMITED MAURITIUS$18.8M
Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).
| # | Issuer | Symbol | CUSIP | Value | Weight | Shares | Type |
|---|---|---|---|---|---|---|---|
| 1 | APPLE INC | AAPL | 037833100 | $2.08B | 3.43% | 8,215,006 | SH |
| 2 | MICROSOFT CORP | MSFT | 594918104 | $1.96B | 3.22% | 5,288,901 | SH |
| 3 | NVIDIA CORPORATION | NVDA | 67066G104 | $1.80B | 2.96% | 10,319,195 | SH |
| 4 | AMAZON COM INC | AMZN | 023135106 | $1.60B | 2.64% | 7,704,086 | SH |
| 5 | AMERICAN TOWER CORP | AMT | 03027X100 | $1.26B | 2.08% | 7,325,743 | SH |
| 6 | EXELON CORP | EXC | 30161N101 | $1.21B | 1.99% | 24,620,304 | SH |
| 7 | CROWN CASTLE INC | CCI | 22822V101 | $1.09B | 1.80% | 13,463,182 | SH |
| 8 | ALPHABET INC | GOOGL | 02079K305 | $1.01B | 1.65% | 3,496,708 | SH |
| 9 | ALPHABET INC | GOOG | 02079K107 | $986.0M | 1.62% | 3,437,265 | SH |
| 10 | CANADIAN NATL RY CO | CNI | 136375102 | $934.5M | 1.54% | 9,077,518 | SH |
| 11 | TAIWAN SEMICONDUCTOR MANUFAC | TSM | 874039100 | $898.8M | 1.48% | 2,659,457 | SH |
| 12 | BROADCOM INC | AVGO | 11135F101 | $842.4M | 1.39% | 2,721,649 | SH |
| 13 | FERROVIAL SE | FER | N3168P101 | $830.4M | 1.37% | 12,965,547 | SH |
| 14 | CONSOLIDATED EDISON INC | ED | 209115104 | $800.8M | 1.32% | 7,075,838 | SH |
| 15 | CSX CORP | CSX | 126408103 | $752.6M | 1.24% | 18,333,511 | SH |
| 16 | VISA INC | V | 92826C839 | $729.7M | 1.20% | 2,414,312 | SH |
| 17 | ELI LILLY & CO | LLY | 532457108 | $657.6M | 1.08% | 714,947 | SH |
| 18 | THERMO FISHER SCIENTIFIC INC | TMO | 883556102 | $599.7M | 0.99% | 1,219,971 | SH |
| 19 | ANALOG DEVICES INC | ADI | 032654105 | $542.6M | 0.89% | 1,705,474 | SH |
| 20 | BANK AMERICA CORP | BAC | 060505104 | $539.8M | 0.89% | 11,072,874 | SH |
| 21 | AMERICA MOVIL SAB DE CV | AMX | 02390A101 | $521.8M | 0.86% | 20,478,815 | SH |
| 22 | PROCTER & GAMBLE CO | PG | 742718109 | $514.8M | 0.85% | 3,563,879 | SH |
| 23 | INTERCONTINENTAL EXCHANGE IN | ICE | 45866F104 | $513.3M | 0.84% | 3,263,809 | SH |
| 24 | PETROLEO BRASILEIRO S A | PBR | 71654V408 | $504.1M | 0.83% | 24,291,978 | SH |
| 25 | TELEKOMUNIKASI IND | TLK | 715684106 | $461.5M | 0.76% | 24,704,025 | SH |
| 26 | ASML HLDG NV | ASML | N07059210 | $448.5M | 0.74% | 339,533 | SH |
| 27 | ASTRAZENECA PLC | AZN | G0593M107 | $432.8M | 0.71% | 2,216,887 | SH |
| 28 | KLA CORP | KLAC | 482480100 | $430.7M | 0.71% | 292,486 | SH |
| 29 | AMPHENOL CORP | APH | 032095101 | $401.7M | 0.66% | 3,178,900 | SH |
| 30 | SLB LIMITED | SLB | 806857108 | $398.5M | 0.66% | 7,753,860 | SH |
| 31 | AON PLC | AON | G0403H108 | $392.1M | 0.65% | 1,214,900 | SH |
| 32 | MERCK & CO INC | MRK | 58933Y105 | $391.2M | 0.64% | 3,251,876 | SH |
| 33 | DANAHER CORP DEL | DHR | 235851102 | $383.9M | 0.63% | 2,024,672 | SH |
| 34 | VALE S A | VALE | 91912E105 | $369.2M | 0.61% | 23,207,517 | SH |
| 35 | META PLATFORMS INC | META | 30303M102 | $364.4M | 0.60% | 636,977 | SH |
| 36 | EXXON MOBIL CORP | XOM | 30231G102 | $352.6M | 0.58% | 2,078,545 | SH |
| 37 | INFOSYS LTD | INFY | 456788108 | $348.1M | 0.57% | 25,762,433 | SH |
| 38 | AMETEK INC | AME | 031100100 | $346.9M | 0.57% | 1,618,526 | SH |
| 39 | PALO ALTO NETWORKS INC | PANW | 697435105 | $331.7M | 0.55% | 2,068,967 | SH |
| 40 | QUALCOMM INC | QCOM | 747525103 | $327.4M | 0.54% | 2,542,547 | SH |
| 41 | LINDE PLC | LIN | G54950103 | $324.8M | 0.53% | 654,921 | SH |
| 42 | JOHNSON & JOHNSON | JNJ | 478160104 | $317.3M | 0.52% | 1,298,024 | SH |
| 43 | WASTE MGMT INC DEL | WM | 94106L109 | $317.1M | 0.52% | 1,379,828 | SH |
| 44 | CHUBB LTD SWITZ | CB | H1467J104 | $316.7M | 0.52% | 971,744 | SH |
| 45 | IQVIA HLDGS INC | IQV | 46266C105 | $316.3M | 0.52% | 1,854,971 | SH |
| 46 | COCA COLA CO | KO | 191216100 | $311.9M | 0.51% | 4,101,599 | SH |
| 47 | BOSTON SCIENTIFIC CORP | BSX | 101137107 | $305.6M | 0.50% | 4,870,658 | SH |
| 48 | INTUITIVE SURGICAL INC | ISRG | 46120E602 | $299.0M | 0.49% | 648,649 | SH |
| 49 | AUTODESK INC | ADSK | 052769106 | $298.9M | 0.49% | 1,248,409 | SH |
| 50 | MEDTRONIC PLC | MDT | G5960L103 | $286.7M | 0.47% | 3,309,161 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-03-31 | 2026-05-15 | $60.78B | 2,050 | 0001207017-26-000036 |
| 2025-12-31 | 2026-02-17 | $59.02B | 2,068 | 0001207017-26-000017 |
| 2025-09-30 | 2025-11-14 | $74.28B | 2,000 | 0001207017-25-000074 |