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Lazard Freres Gestion S.A.S. — 13F Holdings & Portfolio

CIK 1426748 · latest 13F-HR filed 2026-11-03

Backtest portfolio

Lazard Freres Gestion S.A.S. manages $5.95B in 13F-reported U.S. long-equity assets across 116 reported positions as of its 2026-09-30 13F-HR filing. Its largest disclosed positions are MSFT (9.65%), GOOGL (8.14%), AAPL (7.52%). Quarter over quarter (versus its 2026-06-30 filing) the fund opened 3 new positions and exited 2; 34 existing positions rose in reported value and 44 fell.

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.

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AUM
$5.95B

Long-equity book

Holdings
116

Distinct positions

Period
2026-09-30

Filed 2026-11-03

Q/Q Activity
+3 / −2 / ↑34 / ↓44

vs 2026-06-30

Portfolio charts

Latest quarter's book, what changed, and how the portfolio has evolved across filings.

Portfolio map

Q3 26
MSFT9.6% · -4%GOOGL8.1% · +2%AAPL7.5% · -1%NVDA7.2% · -2%AMZN6.7% · -2%V4.5% · -3%META3.8% · +5%MSI3.3% · +0%RTX3.3% · -1%MRK2.6% · -9%AMAT2.4% · -23%MDT2.4% · +4%PH2.3% · -0%APH2.2% · +107%COST2.0% · +6%AVGO1.9% · +4%EL1.8% · -1%SPGI1.6% · +4%OTIS1.6% · +6%LLY1.6% · -2%SPY1.5% · +39%MS1.2% · -2%JPM1.1% · +4%CL1.1% · -1%MAR1.1% · +13%ZTS1.0% · -7%MCO1.0% · +6%KLAC1.0% · -2%ICE1.0% · +3%ACN1.0% · -27%CVX0.9% · +6%ECL0.9% · +2%MTD0.8% · -10%ROST0.8% · -2%WFC0.8% · +1%DIS0.8% · -4%NKE0.8% · -5%MDLZ0.7% · -7%IDXX0.7% · +1%MLM0.6% · -2%TMUS0.5% · -14%HON0.5% · +2%GOOG0.4% · -22%MU0.4% · -4%SPOT0.4% · -12%SW0.3% · -27%BDX0.3% · -13%BSX0.2% · +3%BRK.B0.2% · -13%SUNB0.1% · +9%QQQ0.1% · +23%PG0.1% · 0%AMD0.1% · -25%HONA0.1% · -55%ARM0.0% · -19%PLD0.0% · 0%NOW0.0% · +8%IVV0.0% · 0%NFLX0.0% · 0%CDNS0.0% · 0%

Box size = position value; colour = change in share count vs the prior quarter (green added, red trimmed, blue new). Rows split across managers or share classes are combined. Click a box for the stock.

Sector mix

% of 13F value

Sectors from each company's SIC code; funds and ETFs grouped separately.

Biggest buys and sells

Q2 26 → Q3 26

Estimated from the change in shares held × the quarter-end price, so price moves alone don't count as buying. New and exited positions are included.

13F assets and positions

4 quarters

Total reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.

Top positions over time

reported value

The eight largest current positions, valued at each quarter end.

Concentration

top 10 = 56.8%

Cumulative share of the portfolio held in the largest N positions.

Firm Profile & Key People

Name Title / Status Ownership Type

Quarter-over-quarter changes

Changes in reported position value vs the prior 13F, so price moves count too, not just shares bought or sold.

Top Adds (vs prior quarter)

Show all 34 →

Top Trims

Show all 44 →

New Positions

Show all 3 →

Exited Positions

Show all 2 →

Lazard Freres Gestion S.A.S. Holdings (2026-09-30)

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 MICROSOFT/MS MSFT 594918104 $574.5M 9.65% 1,120,117 SH
2 ALPHABET INC A GOOGL 02079K305 $484.5M 8.14% 1,408,144 SH
3 APPLE INC/U AAPL 037833100 $447.7M 7.52% 1,344,345 SH
4 NVIDIA CORP NVDA 67066G104 $430.4M 7.23% 1,884,764 SH
5 AMAZON.COM INC AMZN 023135106 $399.5M 6.71% 1,603,436 SH
6 VISA INC V 92826C839 $268.4M 4.51% 746,876 SH
7 FACEBOOK INC/U META 30303M102 $223.4M 3.75% 308,061 SH
8 MOTOROLA SOL MSI 620076307 $199.2M 3.35% 446,735 SH
9 RAYTHEON TECH RTX 75513E101 $198.9M 3.34% 1,071,192 SH
10 MERCK & CO/U MRK 58933Y105 $152.5M 2.56% 1,049,281 SH
11 APPLIED MATLS I AMAT 038222105 $144.0M 2.42% 281,513 SH
12 MEDTRONIC PLC MDT G5960L103 $141.3M 2.37% 1,637,655 SH
13 PARKER HANNIFIN PH 701094104 $135.0M 2.27% 141,326 SH
14 AMPHENOL CORP APH 032095101 $132.3M 2.22% 1,569,245 SH
15 COSTCO WHOLE COST 22160K105 $117.1M 1.97% 128,648 SH
16 BROADCOM INC AVGO 11135F101 $111.9M 1.88% 318,687 SH
17 ESTEE LAUDER EL 518439104 $104.5M 1.75% 1,126,165 SH
18 S&P GLOBAL INC SPGI 78409V104 $97.3M 1.64% 246,787 SH
19 OTIS WORLDWIDE OTIS 68902V107 $96.6M 1.62% 1,502,308 SH
20 LILLY ELI & CO LLY 532457108 $95.5M 1.60% 82,560 SH
21 SPDR S&P 500 SPY 78462F103 $87.9M 1.48% 115,276 SH
22 MORGAN STANLEY MS 617446448 $73.8M 1.24% 392,354 SH
23 JPMORGAN CHA/U JPM 46625H100 $64.1M 1.08% 193,717 SH
24 COLGATE PALMO/U CL 194162103 $64.1M 1.08% 750,955 SH
25 MARRIOTT INTL I MAR 571903202 $63.4M 1.07% 178,349 SH
26 ZOETIS INC ZTS 98978V103 $62.3M 1.05% 892,537 SH
27 MOODY'S CORP MCO 615369105 $61.7M 1.04% 135,773 SH
28 KLA CORP KLAC 482480100 $59.0M 0.99% 302,709 SH
29 INTERCONTINEN ICE 45866F104 $58.8M 0.99% 386,892 SH
30 ACCENTURE PLC ACN G1151C101 $58.5M 0.98% 319,071 SH
31 CHEVRON CORP/U CVX 166764100 $56.1M 0.94% 274,562 SH
32 ECOLAB INC ECL 278865100 $54.3M 0.91% 197,920 SH
33 METTLER INTL MTD 592688105 $47.7M 0.80% 31,571 SH
34 ROSS STORES INC ROST 778296103 $47.6M 0.80% 204,127 SH
35 WELLS FARGO CO WFC 949746101 $47.4M 0.80% 591,812 SH
36 WALT DISNEY CO DIS 254687106 $46.2M 0.78% 440,870 SH
37 NIKE INC CL B NKE 654106103 $45.6M 0.77% 1,288,709 SH
38 MONDELEZ INTL/U MDLZ 609207105 $41.3M 0.69% 715,039 SH
39 IDEXX LABS CORP IDXX 45168D104 $39.9M 0.67% 76,324 SH
40 MARTIN MARIETTA MLM 573284106 $35.8M 0.60% 74,559 SH
41 T-MOBIL US INC TMUS 872590104 $29.0M 0.49% 177,906 SH
42 HONEYWELL INTERNATIONAL -WI HON 438516205 $27.3M 0.46% 129,264 SH
43 ALPHABET INC C GOOG 02079K107 $23.2M 0.39% 68,039 SH
44 MICRON TECHNOLO MU 595112103 $23.0M 0.39% 21,619 SH
45 SPOTIFY TECHNOL SPOT L8681T102 $21.1M 0.35% 43,221 SH
46 SMURFIT WESTROCK PLC SW G8267P108 $19.6M 0.33% 445,185 SH
47 BECTON DICKIN/U BDX 075887109 $19.5M 0.33% 108,697 SH
48 BOSTON SCIENT/U BSX 101137107 $10.8M 0.18% 248,254 SH
49 BERKSHR HAT B/U BRK.B 084670702 $10.8M 0.18% 21,730 SH
50 SUNBELT RENTALS HOLDINGS INC SUNB 866966104 $8.5M 0.14% 116,183 SH
Filing History
Period Filed AUM Holdings Accession
2026-09-30 2026-11-03 $5.95B 116 0001426748-26-000004
2026-06-30 2026-08-06 $5.77B 115 0001426748-26-000003
2026-03-31 2026-05-07 $5.07B 123 0001426748-26-000002
2025-12-31 2026-02-06 $5.55B 112 0001426748-26-000001
Filer Information
Address
25 RUE DE COURCELLES
PARIS, I0 75008
Phone
(014) 413-0421
Filing Manager
Lazard Freres Gestion S.A.S.
PARIS, I0
Signatory
COQUEMA
MANAGING DIRECTOR