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.

• IntuitINTU−$104M$90.8M
• MicrosoftMSFT−$75.4M$3.2B
• AutodeskADSK+$63.9M$124M
• Paychex, Inc.PAYX+$49.3M$83.2M
• Fiserv, Inc.FISV−$44.4M$627M

Software held

• MicrosoftMSFT10,487,133 shares · 47.7% of their software · price −$294M$3.2B−$75.4M
• Fiserv, Inc.FISV6,182,229 shares · 9.3% of their software · price −$14.8M$627M−$44.4M
• SalesforceCRM2,102,929 shares · 6.6% of their software · price −$87.9M$446M−$14.3M
• AdobeADBE812,182 shares · 5.5% of their software · price −$90.5M$370MFlat
• SynopsysSNPS834,570 shares · 4.1% of their software · price −$29.4M$278MFlat
• Palo Alto NetworksPANW366,326 shares · 3.4% of their software · price +$24.1M$228M−$21.6M
• VeriskVRSK968,043 shares · 3.1% of their software · price −$13.6M$208MFlat
• VeriSign, Inc.VRSN678,134 shares · 2.2% of their software · price −$21.3M$151M+$35.8M
• PTCPTC1,314,003 shares · 2.1% of their software · price −$17.6M$142MFlat
• AutodeskADSK579,794 shares · 1.8% of their software · price −$38.8M$124M+$63.9M
• LiveRamp Holdings, Inc.RAMP2,883,554 shares · 1.6% of their software · price −$30.5M$108M+$16.9M
• IntuitINTU188,935 shares · 1.3% of their software · price −$30.7M$90.8M−$104M
• CadenceCDNS528,085 shares · 1.3% of their software · price −$11.6M$86.8M−$11.6M
• Paychex, Inc.PAYX609,860 shares · 1.2% of their software$83.2M+$49.3M
• TrimbleTRMB980,666 shares · 1.0% of their software · price −$14.8M$70.7M−$5.9M
• FactSetFDS116,143 shares · 0.7% of their software · price −$6.0M$50.4M+$19.9M
• Check PointCHKP234,735 shares · 0.5% of their software · price +$5.1M$32.5M+$2.3M
• F5, Inc.FFIV154,734 shares · 0.5% of their software · price −$5.5M$32.3M−$1.7M
• MorningstarMORN114,938 shares · 0.5% of their software · price −$7.9M$31.4M−$2.0M
• Automatic Data Processing, Inc.ADP126,157 shares · 0.4% of their software · price −$2.4M$28.7M+$2.5M
• FortinetFTNT76,688 shares · 0.4% of their software · price −$1.4M$26.2M−$2.9M
• PegasystemsPEGA310,023 shares · 0.4% of their software · price −$9.7M$25.0M−$1.5M
• NetApp, Inc.NTAP295,861 shares · 0.4% of their software · price −$2.7M$24.6M+$16.1M
• ServiceNowNOW42,971 shares · 0.4% of their software · price −$4.0M$23.9M+$2.6M
• UiPathPATH1,064,850 shares · 0.3% of their software · price −$22.9M$23.0M+$570K
• CertaraCERT939,527 shares · 0.3% of their software · price −$6.5M$20.2M−$1.3M
• PagSeguro Digital Ltd.PAGS927,098 shares · 0.3% of their software · price −$5.7M$18.6M−$1.6M
• Amdocs LimitedDOX215,001 shares · 0.3% of their software · price +$1.6M$17.7M+$1.2M
• PhreesiaPHR654,294 shares · 0.3% of their software · price −$10.0M$17.2M+$13.8M
• AkamaiAKAM129,815 shares · 0.2% of their software$15.5M+$6.6M
• SchrödingerSDGR371,317 shares · 0.2% of their software$12.7M+$4.4M
• CrowdStrikeCRWD54,893 shares · 0.2% of their software · price +$1.2M$12.5M−$5.7M
• GoDaddyGDDY126,151 shares · 0.2% of their software$10.6MNew · +$10.7M
• VeevaVEEV46,657 shares · 0.1% of their software · price −$2.0M$9.9M−$10.2M
• Health CatalystHCAT372,456 shares · 0.1% of their software · price −$5.0M$9.7M+$2.1M
• DoximityDOCS148,688 shares · 0.1% of their software$7.7M+$2.4M
• DocuSignDOCU67,677 shares · 0.1% of their software · price −$3.1M$7.2M−$3.1M
• N-ableNABL744,880 shares · 0.1% of their software · price −$1.5M$6.8M−$26.0M
• Manhattan AssociatesMANH47,037 shares · 0.1% of their software · price −$789K$6.5M−$8.7M
• Donnelley Financial Solutions, Inc.DFIN145,288 shares · 0.1% of their software · price −$2.0M$4.8MFlat
• OracleORCL52,146 shares · 0.1% of their software$4.3M−$33.8M
• The Trade DeskTTD59,180 shares · 0.1% of their software · price −$1.3M$4.1M+$4.9M
• Uber Technologies, Inc.UBER100,585 shares · 0.1% of their software · price −$629K$3.6MFlat
• Remitly Global, Inc.RELY329,020 shares · 0.0% of their software · price −$3.5M$3.2M+$2.8M
• DatadogDDOG20,079 shares · 0.0% of their software · price −$535K$3.0M−$1.5M
• Block, Inc.XYZ21,959 shares · 0.0% of their software · price −$569K$3.0M+$1.0M
• WorkdayWDAY11,766 shares · 0.0% of their software$2.8M−$635K
• CloudflareNET20,645 shares · 0.0% of their software$2.5MFlat
• ZscalerZS8,874 shares · 0.0% of their software · price −$710K$2.1MFlat
• SnowflakeSNOW9,212 shares · 0.0% of their software · price −$1.0M$2.1M−$697K
• MongoDBMDB4,677 shares · 0.0% of their software$2.1MFlat
• ZoomZM12,474 shares · 0.0% of their software · price −$832K$1.5M−$1.4M
• Cerence Inc.CRNC39,473 shares · 0.0% of their software · price −$1.6M$1.4MFlat
• UnityU12,494 shares · 0.0% of their software · price −$547K$1.2M+$568K
• Radware Ltd.RDWR38,123 shares · 0.0% of their software$1.2MFlat
• Strategy IncMSTR1,995 shares · 0.0% of their software$970KFlat
• Lyft, Inc.LYFT24,352 shares · 0.0% of their software$935KFlat
• TenableTENB15,719 shares · 0.0% of their software$908K+$544K
• PaycomPAYC2,149 shares · 0.0% of their software$743K−$8.7M
• PalantirPLTR51,147 shares · 0.0% of their software$702KFlat
• DropboxDBX28,549 shares · 0.0% of their software$663KFlat
• SS&CSSNC7,867 shares · 0.0% of their software$590K−$5.5M
• ElasticESTC4,883 shares · 0.0% of their software$434KNew · +$601K
• BILLBILL1,824 shares · 0.0% of their software$413KFlat
• Rapid7RPD3,614 shares · 0.0% of their software$402K−$513K
• Mitek Systems, Inc.MITK24,602 shares · 0.0% of their software$360KFlat
• CS Disco, Inc.LAW10,000 shares · 0.0% of their software$339KNew · Flat
• PagerDutyPD9,480 shares · 0.0% of their software$324KFlat
• EVERTEC, Inc.EVTC7,634 shares · 0.0% of their software$312KFlat
• AppLovinAPP5,000 shares · 0.0% of their software$275KNew · Flat
• Gen DigitalGEN9,236 shares · 0.0% of their software$244KFlat
• AppianAPPN4,000 shares · 0.0% of their software$243KNew · Flat
• PAR Technology CorporationPAR5,944 shares · 0.0% of their software$239K−$3.2M
• DynatraceDT5,012 shares · 0.0% of their software$236KNew · Flat
• SAPSAP2,129 shares · 0.0% of their software$235KFlat
• SPS CommerceSPSC1,520 shares · 0.0% of their software$199KFlat
• nCinoNCNO4,823 shares · 0.0% of their software$197KNew · Flat
• i3 Verticals, Inc.IIIV6,884 shares · 0.0% of their software$191KFlat
• Shift4 Payments, Inc.FOUR3,003 shares · 0.0% of their software$185KFlat
• Veritone, Inc.VERI7,658 shares · 0.0% of their software$139KFlat
• DigitalOceanDOCN2,382 shares · 0.0% of their software$137KFlat
• WixWIX1,250 shares · 0.0% of their software$130K−$20.2M
• International Money Express, Inc.IMXI5,923 shares · 0.0% of their software$122KFlat
• Endava plcDAVA894 shares · 0.0% of their software$118KFlat
• SentinelOneS3,000 shares · 0.0% of their software$116KFlat
• Repay Holdings CorporationRPAY7,463 shares · 0.0% of their software$110KNew · Flat
• QualysQLYS668 shares · 0.0% of their software$95K−$1.6M
• TeradataTDC1,933 shares · 0.0% of their software$95KFlat
• Bentley SystemsBSY2,123 shares · 0.0% of their software$93KFlat
• ACI WorldwideACIW2,924 shares · 0.0% of their software$92KNew · Flat
• eGain CorporationEGAN7,705 shares · 0.0% of their software$89KFlat
• CommvaultCVLT1,321 shares · 0.0% of their software$87KFlat
• Calix, Inc.CALX2,000 shares · 0.0% of their software$85KNew · Flat
• InterDigital, Inc.IDCC1,341 shares · 0.0% of their software$85KFlat
• PDF Solutions, Inc.PDFS3,051 shares · 0.0% of their software$85KNew · Flat
• WorkivaWK703 shares · 0.0% of their software$82KNew · Flat
• HubSpotHUBS174 shares · 0.0% of their software$81KFlat
• DomoDOMO1,561 shares · 0.0% of their software$78K—
• Sprout SocialSPT940 shares · 0.0% of their software$75KFlat
• Alarm.com Holdings, Inc.ALRM1,083 shares · 0.0% of their software$71KFlat
• DescartesDSGX953 shares · 0.0% of their software$69KFlat
• BlackbaudBLKB1,108 shares · 0.0% of their software$66KFlat
• Ooma, Inc.OOMA4,439 shares · 0.0% of their software$66KFlat
• ProgressPRGS1,412 shares · 0.0% of their software$66KFlat
• A10 Networks, Inc.ATEN4,411 shares · 0.0% of their software$61KFlat
• Q2QTWO990 shares · 0.0% of their software$61KFlat
• DoceboDCBO1,174 shares · 0.0% of their software$60KFlat
• ShopifySHOP78 shares · 0.0% of their software$52KNew · Flat
• Digital TurbineAPPS1,131 shares · 0.0% of their software$49KFlat
• NetScout Systems, Inc.NTCT1,517 shares · 0.0% of their software$48KNew · Flat
• GitLabGTLB867 shares · 0.0% of their software$47KNew · Flat
• Ribbon Communications Inc.RBBN14,825 shares · 0.0% of their software$45KFlat
• WEX Inc.WEX251 shares · 0.0% of their software$44KNew · Flat
• Five9FIVN379 shares · 0.0% of their software$41KNew · Flat
• OktaOKTA238 shares · 0.0% of their software$35KFlat
• BlackLineBL446 shares · 0.0% of their software$32KFlat
• JFrogFROG1,120 shares · 0.0% of their software$30K−$2.6M
• SemrushSEMR2,588 shares · 0.0% of their software$30K—
• LightspeedLSPD908 shares · 0.0% of their software$27KFlat
• BoxBOX811 shares · 0.0% of their software$23KFlat
• CoStarCSGP344 shares · 0.0% of their software$22KFlat
• Fair IsaacFICO40 shares · 0.0% of their software$18KFlat
• EverCommerceEVCM889 shares · 0.0% of their software$11KNew · Flat
• Euronet Worldwide, Inc.EEFT79 shares · 0.0% of their software$10KFlat
• Tyler TechnologiesTYL17 shares · 0.0% of their software$7K−$11.5M
• BroadridgeBR36 shares · 0.0% of their software$5KFlat
• Roper Technologies, Inc.ROP5 shares · 0.0% of their software$2KFlat
• TwilioTWLO18 shares · 0.0% of their software$2KFlat
• AsanaASAN32 shares · 0.0% of their software$1KFlat