Lazard Asset Management

Quarters on file

Each quarter on file, back to June 2016 when the filing exists. Net bought is the share change from the previous quarter at that quarter’s close. A split that leaves the dollar value in place counts as flat.

• Q2 2026159 names · $904K in calls, not in the total$5.3B−$174M
• Q1 2026149 names · $2.7M in calls, not in the total$5.1B+$459M
• Q4 2025147 names · $10.0M in calls, not in the total$6.1B−$1.5B
• Q3 2025152 names · $5.2M in calls, not in the total$8.3B+$483M
• Q2 2025178 names$7.8B+$623M
• Q1 2025169 names$6.0B+$385M
• Q4 2024164 names$6.3B−$668M
• Q3 2024163 names$6.9B−$1.1B
• Q2 2024151 names$8.2B−$497M
• Q1 2024147 names$8.4B+$165M
• Q4 2023151 names$7.6B+$136M
• Q3 2023149 names$6.3B−$60.1M
• Q2 2023148 names$6.7B−$301M
• Q1 2023143 names$6.1B−$186M
• Q4 2022149 names$5.4B−$154M
• Q3 2022132 names$5.3B−$181M
• Q2 2022135 names$5.9B+$484M
• Q1 2022129 names$6.8B−$172M
• Q4 2021123 names$7.7B−$296M
• Q3 2021115 names$7.3B−$284M
• Q2 2021105 names$7.4B+$496M
• Q1 202182 names$6.2B+$319M
• Q4 202088 names$5.7B−$236M
• Q3 202073 names$5.3B−$201M
• Q2 202072 names$5.2B+$286M
• Q1 202071 names$3.8B+$446M
• Q4 201964 names$3.8B+$386M
• Q3 201968 names$3.0B+$7.9M
• Q2 201954 names$3.1B+$62.2M
• Q1 201941 names$2.8B+$467M
• Q4 201836 names$1.9B+$122M
• Q3 201833 names$2.1B+$117M
• Q2 201833 names$1.7B+$99.5M
• Q1 201828 names$1.5B−$8.8M
• Q4 201726 names$1.4B+$79.5M
• Q3 201726 names$1.2B+$32.6M
• Q2 201725 names$1.1B−$139M
• Q1 201728 names$1.2B+$7.6M
• Q4 201626 names$1.1B+$20.8M
• Q3 201622 names$991M−$206M
• Q2 201623 names$1.1B—

What moved the book

The five software lines with the largest share change this quarter.

• PTCPTC+$12.0M$12.6M
• Automatic Data Processing, Inc.ADP−$9.6M$10.7M
• F5, Inc.FFIV+$9.3M$12.6M
• SAPSAP+$9.2M$26.7M
• AkamaiAKAM+$8.6M$11.0M

Software held

• MicrosoftMSFT12,188,467 shares · 70.6% of their software · price +$55.3M$757MFlat
• Check PointCHKP719,306 shares · 5.7% of their software · price +$4.9M$60.8M−$8.0M
• OracleORCL1,296,773 shares · 4.6% of their software · price −$1.1M$49.9M−$3.9M
• MorningstarMORN462,814 shares · 3.2% of their software · price −$2.6M$34.0M+$1.9M
• SAPSAP308,975 shares · 2.5% of their software · price −$1.5M$26.7M+$9.2M
• Paychex, Inc.PAYX333,955 shares · 1.9% of their software · price +$1.0M$20.3M+$759K
• FactSetFDS104,464 shares · 1.6% of their software$17.1M−$2.4M
• PTCPTC271,709 shares · 1.2% of their software · price +$533K$12.6MNew · +$12.0M
• F5, Inc.FFIV86,759 shares · 1.2% of their software · price +$1.7M$12.6M+$9.3M
• IntuitINTU99,428 shares · 1.1% of their software$11.4M−$7.8M
• Fiserv, Inc.FISV106,623 shares · 1.1% of their software · price +$726K$11.3M+$5.0M
• AkamaiAKAM164,246 shares · 1.0% of their software · price +$2.2M$11.0M+$8.6M
• Automatic Data Processing, Inc.ADP103,872 shares · 1.0% of their software · price +$1.5M$10.7M−$9.6M
• GoDaddyGDDY286,803 shares · 0.9% of their software$10.0M+$5.8M
• WixWIX111,500 shares · 0.5% of their software$5.0M+$1.3M
• BroadridgeBR71,492 shares · 0.4% of their software$4.7M+$4.8M
• Amdocs LimitedDOX76,297 shares · 0.4% of their software$4.4MFlat
• TeradataTDC133,123 shares · 0.3% of their software · price −$510K$3.6M−$2.5M
• Palo Alto NetworksPANW26,175 shares · 0.3% of their software · price −$897K$3.3M−$2.6M
• WorkdayWDAY43,300 shares · 0.3% of their software · price −$1.1M$2.9MFlat
• ServiceNowNOW22,600 shares · 0.2% of their software$1.7MFlat
• AdobeADBE7,648 shares · 0.1% of their software$787KNew · +$830K
• WEX Inc.WEX5,007 shares · 0.1% of their software$558KNew · +$541K
• VeriskVRSK298 shares · 0.0% of their software$24KFlat
• CadenceCDNS909 shares · 0.0% of their software$22KNew · Flat
• SalesforceCRM17 shares · 0.0% of their software$1KNew · Flat