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.

• MicrosoftMSFT−$62.4M$737M
• Palo Alto NetworksPANW+$20.9M$21.8M
• SynopsysSNPS+$18.0M$22.1M
• Fiserv, Inc.FISV+$17.7M$31.5M
• PTCPTC+$15.8M$32.2M

Software held

• MicrosoftMSFT11,184,284 shares · 63.5% of their software · price +$41.6M$737M−$62.4M
• Check PointCHKP563,001 shares · 5.0% of their software · price +$10.2M$57.8M−$13.2M
• OracleORCL1,042,592 shares · 4.0% of their software · price +$6.4M$46.5M−$9.8M
• SAPSAP367,505 shares · 3.1% of their software · price +$4.3M$36.1M+$5.1M
• MorningstarMORN451,798 shares · 3.1% of their software · price +$2.3M$35.5M−$810K
• PTCPTC613,419 shares · 2.8% of their software · price +$3.9M$32.2M+$15.8M
• Fiserv, Inc.FISV273,473 shares · 2.7% of their software · price +$2.5M$31.5M+$17.7M
• F5, Inc.FFIV191,568 shares · 2.4% of their software$27.3M+$15.2M
• SynopsysSNPS306,097 shares · 1.9% of their software · price +$4.1M$22.1MNew · +$18.0M
• Palo Alto NetworksPANW193,320 shares · 1.9% of their software · price −$2.4M$21.8M+$20.9M
• Paychex, Inc.PAYX256,474 shares · 1.3% of their software · price −$508K$15.1M−$4.7M
• Automatic Data Processing, Inc.ADP142,475 shares · 1.3% of their software$14.6M+$4.0M
• AdobeADBE106,689 shares · 1.2% of their software · price +$2.9M$13.9M+$10.2M
• AkamaiAKAM223,863 shares · 1.2% of their software · price −$1.6M$13.4M+$4.0M
• GoDaddyGDDY352,544 shares · 1.2% of their software · price +$1.0M$13.4M+$2.3M
• FactSetFDS76,393 shares · 1.1% of their software$12.6M−$4.6M
• WixWIX103,666 shares · 0.6% of their software · price +$2.4M$7.0MFlat
• IntuitINTU60,461 shares · 0.6% of their software$7.0M−$4.5M
• Amdocs LimitedDOX76,848 shares · 0.4% of their software$4.7MFlat
• PaycomPAYC49,580 shares · 0.2% of their software · price +$596K$2.9MNew · +$2.3M
• WorkdayWDAY31,300 shares · 0.2% of their software · price +$538K$2.6M−$793K
• ServiceNowNOW26,783 shares · 0.2% of their software$2.3MFlat
• Block, Inc.XYZ125,000 shares · 0.2% of their software$2.2MNew · +$1.7M
• TeradataTDC5,356 shares · 0.0% of their software$166K−$3.5M
• SalesforceCRM367 shares · 0.0% of their software$30KFlat
• CadenceCDNS811 shares · 0.0% of their software$25KFlat
• VeriskVRSK233 shares · 0.0% of their software$18KFlat
• BroadridgeBR24 shares · 0.0% of their software$1K−$4.7M