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.

• AutodeskADSK+$41.2M$45.9M
• IntuitINTU−$37.9M$17.0M
• Palo Alto NetworksPANW+$24.7M$118M
• MicrosoftMSFT−$19.9M$649M
• PTCPTC+$19.2M$61.3M

Software held

• MicrosoftMSFT8,708,822 shares · 54.6% of their software · price +$48.4M$649M−$19.9M
• Palo Alto NetworksPANW819,172 shares · 9.9% of their software · price +$8.4M$118M+$24.7M
• PTCPTC1,089,210 shares · 5.2% of their software · price +$1.3M$61.3M+$19.2M
• AutodeskADSK408,700 shares · 3.9% of their software · price +$4.7M$45.9MNew · +$41.2M
• Fiserv, Inc.FISV353,821 shares · 3.8% of their software · price +$2.3M$45.6M+$2.9M
• Check PointCHKP369,175 shares · 3.5% of their software · price +$1.8M$42.1M−$6.3M
• SAPSAP353,169 shares · 3.3% of their software · price +$1.8M$38.7MFlat
• OracleORCL769,205 shares · 3.1% of their software · price −$1.4M$37.2M−$3.1M
• AdobeADBE236,423 shares · 3.0% of their software · price +$1.8M$35.3M+$13.7M
• SynopsysSNPS368,562 shares · 2.5% of their software · price +$2.8M$29.7M−$1.2M
• F5, Inc.FFIV180,253 shares · 1.8% of their software · price −$1.2M$21.7M−$3.5M
• IntuitINTU119,745 shares · 1.4% of their software · price +$1.1M$17.0M−$37.9M
• MorningstarMORN140,270 shares · 1.0% of their software · price +$933K$11.9M+$2.4M
• Paychex, Inc.PAYX165,229 shares · 0.8% of their software$9.9M+$1.0M
• GoDaddyGDDY163,691 shares · 0.6% of their software$7.1MFlat
• Amdocs LimitedDOX89,921 shares · 0.5% of their software$5.8M+$522K
• AkamaiAKAM67,829 shares · 0.3% of their software$3.3MFlat
• WorkdayWDAY30,200 shares · 0.3% of their software$3.2MFlat
• WixWIX37,751 shares · 0.2% of their software$2.7MFlat
• ServiceNowNOW21,325 shares · 0.2% of their software$2.5MFlat
• FactSetFDS697 shares · 0.0% of their software$125KFlat
• Automatic Data Processing, Inc.ADP486 shares · 0.0% of their software$53KFlat
• CadenceCDNS811 shares · 0.0% of their software$32KFlat
• SalesforceCRM350 shares · 0.0% of their software$32KFlat
• VeriskVRSK146 shares · 0.0% of their software$12KFlat
• ProgressPRGS135 shares · 0.0% of their software$5KNew · Flat