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−$345M$3.1B
• Fiserv, Inc.FISV+$103M$699M
• Kingsoft Cloud Holdings LimitedKC−$51.0M$5.6M
• Automatic Data Processing, Inc.ADP−$42.4M$64.4M
• WixWIX+$40.1M$45.0M

Software held

• MicrosoftMSFT11,103,387 shares · 42.6% of their software · price +$122M$3.1B−$345M
• Fiserv, Inc.FISV6,439,584 shares · 9.5% of their software · price +$10.4M$699M+$103M
• SalesforceCRM2,172,125 shares · 8.0% of their software · price +$58.5M$589M+$32.1M
• AdobeADBE863,175 shares · 6.8% of their software · price −$8.6M$497M−$17.2M
• SynopsysSNPS925,096 shares · 3.8% of their software · price +$21.9M$277M−$15.9M
• IntuitINTU468,518 shares · 3.4% of their software · price +$23.1M$253M−$24.8M
• VeriskVRSK1,002,906 shares · 2.7% of their software · price +$25.6M$201M−$3.0M
• Palo Alto NetworksPANW407,348 shares · 2.7% of their software · price +$44.0M$195MFlat
• PTCPTC1,297,939 shares · 2.1% of their software · price −$27.9M$155M−$36.6M
• LiveRamp Holdings, Inc.RAMP2,634,960 shares · 1.7% of their software · price +$1.0M$124M−$2.3M
• VeriSign, Inc.VRSN567,194 shares · 1.6% of their software · price −$12.9M$116M+$20.1M
• CadenceCDNS677,152 shares · 1.4% of their software · price +$9.9M$103M+$3.2M
• AutodeskADSK352,154 shares · 1.4% of their software · price −$2.4M$100M−$5.9M
• TrimbleTRMB1,070,991 shares · 1.2% of their software$88.1M−$5.3M
• OracleORCL860,748 shares · 1.0% of their software · price +$8.0M$75.0M−$21.7M
• Automatic Data Processing, Inc.ADP321,920 shares · 0.9% of their software$64.4M−$42.4M
• PagSeguro Digital Ltd.PAGS1,214,450 shares · 0.9% of their software · price −$5.1M$62.8M−$1.4M
• WixWIX229,491 shares · 0.6% of their software · price −$21.6M$45.0M+$40.1M
• PegasystemsPEGA330,728 shares · 0.6% of their software · price −$4.0M$42.0M−$5.7M
• F5, Inc.FFIV199,000 shares · 0.5% of their software · price +$2.4M$39.6M−$4.0M
• MorningstarMORN140,269 shares · 0.5% of their software$36.3M−$2.6M
• ServiceNowNOW50,872 shares · 0.4% of their software · price +$3.7M$31.7M−$3.1M
• N-ableNABL2,519,213 shares · 0.4% of their software$31.3MNew · +$31.3M
• FortinetFTNT99,651 shares · 0.4% of their software · price +$5.4M$29.1M+$21.5M
• Paychex, Inc.PAYX257,773 shares · 0.4% of their software · price +$1.3M$29.0M−$2.7M
• VeevaVEEV83,000 shares · 0.3% of their software · price −$1.9M$23.9MFlat
• Check PointCHKP197,487 shares · 0.3% of their software · price −$610K$22.3MFlat
• Remitly Global, Inc.RELY577,023 shares · 0.3% of their software$21.2MNew · +$21.2M
• PhreesiaPHR329,763 shares · 0.3% of their software$20.3M−$4.8M
• CrowdStrikeCRWD82,706 shares · 0.3% of their software$20.3M+$18.0M
• Manhattan AssociatesMANH121,681 shares · 0.3% of their software · price +$997K$18.6M+$9.3M
• SS&CSSNC266,413 shares · 0.3% of their software · price −$709K$18.5MNew · +$19.2M
• DocuSignDOCU69,635 shares · 0.2% of their software · price −$1.5M$17.9M+$2.1M
• CertaraCERT427,916 shares · 0.2% of their software · price +$2.0M$14.2MNew · +$12.1M
• Strategy IncMSTR22,891 shares · 0.2% of their software · price −$2.0M$13.2M−$1.4M
• Amdocs LimitedDOX171,451 shares · 0.2% of their software$13.0M−$3.3M
• AkamaiAKAM80,878 shares · 0.1% of their software · price −$971K$8.5M−$6.7M
• Cerence Inc.CRNC83,419 shares · 0.1% of their software · price −$884K$8.0M−$980K
• PaycomPAYC14,005 shares · 0.1% of their software · price +$1.9M$6.9M−$4.5M
• PAR Technology CorporationPAR100,745 shares · 0.1% of their software · price −$849K$6.2M−$1.4M
• Block, Inc.XYZ25,722 shares · 0.1% of their software$6.2M−$7.8M
• Tyler TechnologiesTYL12,485 shares · 0.1% of their software$5.7M−$899K
• The Trade DeskTTD79,417 shares · 0.1% of their software · price −$561K$5.6M+$5.5M
• Kingsoft Cloud Holdings LimitedKC196,720 shares · 0.1% of their software · price −$1.1M$5.6M−$51.0M
• ZoomZM20,696 shares · 0.1% of their software · price −$2.6M$5.4M−$5.9M
• SnowflakeSNOW15,933 shares · 0.1% of their software · price +$966K$4.8M+$3.6M
• SchrödingerSDGR87,326 shares · 0.1% of their software · price −$1.8M$4.8M+$1.7M
• FactSetFDS11,606 shares · 0.1% of their software · price +$687K$4.6MFlat
• Health CatalystHCAT77,921 shares · 0.1% of their software$3.9MFlat
• Uber Technologies, Inc.UBER86,892 shares · 0.1% of their software$3.9MFlat
• DatadogDDOG24,585 shares · 0.0% of their software · price +$916K$3.5M+$942K
• MongoDBMDB7,298 shares · 0.0% of their software · price +$803K$3.4M+$762K
• WorkdayWDAY13,091 shares · 0.0% of their software$3.3M+$2.6M
• ZscalerZS12,000 shares · 0.0% of their software · price +$554K$3.1MFlat
• NetApp, Inc.NTAP30,768 shares · 0.0% of their software$2.8M+$1.9M
• Rapid7RPD24,139 shares · 0.0% of their software$2.7M+$2.1M
• CloudflareNET20,423 shares · 0.0% of their software$2.3MFlat
• DoximityDOCS28,276 shares · 0.0% of their software · price +$636K$2.3M+$773K
• Radware Ltd.RDWR65,962 shares · 0.0% of their software$2.2MNew · +$2.0M
• AppFolioAPPF14,583 shares · 0.0% of their software$1.8MNew · +$2.1M
• TwilioTWLO5,406 shares · 0.0% of their software$1.7MFlat
• BroadridgeBR10,227 shares · 0.0% of their software$1.7M+$964K
• WorkivaWK11,723 shares · 0.0% of their software$1.7MNew · +$1.3M
• Lyft, Inc.LYFT30,338 shares · 0.0% of their software$1.6MFlat
• Gen DigitalGEN59,542 shares · 0.0% of their software$1.5M−$811K
• PalantirPLTR60,540 shares · 0.0% of their software$1.5M+$1.1M
• DropboxDBX48,974 shares · 0.0% of their software$1.4M−$643K
• QualysQLYS11,349 shares · 0.0% of their software$1.3MNew · +$1.1M
• Bandwidth Inc.BAND13,966 shares · 0.0% of their software · price −$665K$1.3M−$7.4M
• Upbound Group, Inc.UPBD21,536 shares · 0.0% of their software$1.2MNew · +$1.1M
• UiPathPATH20,931 shares · 0.0% of their software$1.1M+$815K
• UnityU7,500 shares · 0.0% of their software$946KFlat
• HubSpotHUBS1,234 shares · 0.0% of their software$834KNew · +$719K
• NutanixNTNX20,000 shares · 0.0% of their software$754KFlat
• Digital TurbineAPPS9,190 shares · 0.0% of their software$631K+$563K
• LightspeedLSPD6,494 shares · 0.0% of their software$626KNew · +$543K
• SAPSAP2,628 shares · 0.0% of their software$354K−$706K
• TeradataTDC5,824 shares · 0.0% of their software$334KFlat
• Bentley SystemsBSY5,000 shares · 0.0% of their software$303KNew · Flat
• ShopifySHOP200 shares · 0.0% of their software$271K−$6.6M
• Commerce.com, Inc.CMRC4,709 shares · 0.0% of their software$238KFlat
• SPS CommerceSPSC1,405 shares · 0.0% of their software$226KFlat
• A10 Networks, Inc.ATEN15,480 shares · 0.0% of their software$208KFlat
• Five9FIVN1,281 shares · 0.0% of their software$204KNew · Flat
• BlackBerry LimitedBB20,000 shares · 0.0% of their software$194KNew · Flat
• TenableTENB3,596 shares · 0.0% of their software$165KFlat
• Shift4 Payments, Inc.FOUR2,000 shares · 0.0% of their software$155KFlat
• Endava plcDAVA1,109 shares · 0.0% of their software$150KNew · Flat
• AppLovinAPP2,000 shares · 0.0% of their software$144KNew · Flat
• AsanaASAN1,270 shares · 0.0% of their software$131KFlat
• RingCentralRNG520 shares · 0.0% of their software$113KFlat
• Sprout SocialSPT890 shares · 0.0% of their software$108KFlat
• DoceboDCBO1,379 shares · 0.0% of their software$100KFlat
• Alarm.com Holdings, Inc.ALRM1,163 shares · 0.0% of their software$90KFlat
• Donnelley Financial Solutions, Inc.DFIN2,514 shares · 0.0% of their software$87KFlat
• Mitek Systems, Inc.MITK4,655 shares · 0.0% of their software$86KFlat
• Q2QTWO1,043 shares · 0.0% of their software$83KFlat
• BILLBILL307 shares · 0.0% of their software$81KFlat
• BoxBOX3,340 shares · 0.0% of their software$79KFlat
• InterDigital, Inc.IDCC1,155 shares · 0.0% of their software$78KFlat
• Ooma, Inc.OOMA4,050 shares · 0.0% of their software$75KFlat
• BlackbaudBLKB1,000 shares · 0.0% of their software$70KFlat
• EVERTEC, Inc.EVTC1,511 shares · 0.0% of their software$69KFlat
• DomoDOMO806 shares · 0.0% of their software$68K—
• CommvaultCVLT810 shares · 0.0% of their software$61KFlat
• ProgressPRGS1,172 shares · 0.0% of their software$57KFlat
• Immersion CorporationIMMR7,712 shares · 0.0% of their software$52KNew · Flat
• Veritone, Inc.VERI2,127 shares · 0.0% of their software$50KFlat
• eGain CorporationEGAN4,438 shares · 0.0% of their software$45KFlat
• International Money Express, Inc.IMXI2,513 shares · 0.0% of their software$41KNew · Flat
• JFrogFROG1,162 shares · 0.0% of their software$38KFlat
• DescartesDSGX450 shares · 0.0% of their software$36KNew · Flat
• PagerDutyPD738 shares · 0.0% of their software$30KNew · Flat
• Priority Technology Holdings, Inc.PRTH3,199 shares · 0.0% of their software$21KNew · Flat
• i3 Verticals, Inc.IIIV802 shares · 0.0% of their software$19KFlat