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−$1.4B$2.4B
• ServiceNowNOW+$248M$50.4M
• Fiserv, Inc.FISV+$95.8M$161M
• IntuitINTU−$87.3M$181M
• Palo Alto NetworksPANW+$85.9M$209M

Software held

• MicrosoftMSFT4,925,233 shares · 39.4% of their software · price −$169M$2.4B−$1.4B
• SalesforceCRM1,343,091 shares · 5.9% of their software · price +$37.5M$356M−$79.7M
• AutodeskADSK1,120,649 shares · 5.5% of their software · price −$24.3M$332M−$12.5M
• CadenceCDNS852,094 shares · 4.4% of their software · price −$33.0M$266M−$35.7M
• PTCPTC1,510,458 shares · 4.3% of their software · price −$43.5M$263MFlat
• Palo Alto NetworksPANW1,134,137 shares · 3.5% of their software · price −$22.0M$209M+$85.9M
• AdobeADBE574,243 shares · 3.3% of their software · price −$1.6M$201M−$70.1M
• SynopsysSNPS385,924 shares · 3.0% of their software · price −$9.1M$181MFlat
• IntuitINTU273,113 shares · 3.0% of their software · price −$5.6M$181M−$87.3M
• Fiserv, Inc.FISV2,392,157 shares · 2.7% of their software · price −$148M$161M+$95.8M
• TrimbleTRMB1,752,950 shares · 2.3% of their software · price −$5.8M$137M−$3.5M
• Check PointCHKP696,402 shares · 2.1% of their software · price −$14.9M$129M+$3.1M
• Manhattan AssociatesMANH711,428 shares · 2.0% of their software · price −$22.5M$123MFlat
• NICENICE897,445 shares · 1.7% of their software · price −$28.5M$101M+$31.5M
• Uber Technologies, Inc.UBER1,206,280 shares · 1.6% of their software · price −$19.6M$98.6M+$2.7M
• JFrogFROG1,209,684 shares · 1.2% of their software · price +$18.3M$75.6M+$1.1M
• OracleORCL328,064 shares · 1.1% of their software · price −$28.3M$63.9M−$74.5M
• VeriskVRSK251,448 shares · 0.9% of their software · price −$7.0M$56.2MFlat
• PalantirPLTR316,225 shares · 0.9% of their software · price −$1.5M$56.2M−$2.8M
• ServiceNowNOW329,009 shares · 0.8% of their software · price −$252M$50.4M+$248M
• Corpay, Inc.CPAY157,140 shares · 0.8% of their software · price +$2.0M$47.3M−$6.6M
• SchrödingerSDGR2,134,968 shares · 0.6% of their software · price −$4.7M$38.2M−$4.2M
• DigitalOceanDOCN765,094 shares · 0.6% of their software · price +$10.7M$36.8M−$26.5M
• NetApp, Inc.NTAP342,049 shares · 0.6% of their software · price −$3.9M$36.6M+$6.5M
• ShopifySHOP173,661 shares · 0.5% of their software · price +$2.1M$28.0M+$9.2M
• Zeta GlobalZETA1,179,572 shares · 0.4% of their software · price +$566K$24.0M+$15.1M
• WorkdayWDAY108,857 shares · 0.4% of their software · price −$2.8M$23.4MFlat
• AtlassianTEAM139,486 shares · 0.4% of their software$22.6M+$6.8M
• TeradataTDC702,106 shares · 0.4% of their software · price +$6.3M$21.4M+$12.9M
• SPS CommerceSPSC208,699 shares · 0.3% of their software · price −$3.1M$18.6M−$5.3M
• Alarm.com Holdings, Inc.ALRM347,611 shares · 0.3% of their software · price −$716K$17.7M+$8.6M
• PegasystemsPEGA269,744 shares · 0.3% of their software · price +$599K$16.1MFlat
• RingCentralRNG529,629 shares · 0.3% of their software$15.3M+$2.5M
• AppLovinAPP22,674 shares · 0.3% of their software · price −$1.0M$15.3M−$4.6M
• NetScout Systems, Inc.NTCT538,257 shares · 0.2% of their software · price +$662K$14.6M+$1.4M
• DoximityDOCS300,122 shares · 0.2% of their software · price −$8.7M$13.3M+$4.7M
• DocuSignDOCU191,147 shares · 0.2% of their software · price −$705K$13.1M+$3.4M
• PagSeguro Digital Ltd.PAGS985,190 shares · 0.2% of their software$9.5MFlat
• Automatic Data Processing, Inc.ADP34,238 shares · 0.1% of their software · price −$1.2M$8.8M−$3.1M
• WixWIX75,477 shares · 0.1% of their software · price −$5.6M$7.8M−$4.6M
• AkamaiAKAM89,355 shares · 0.1% of their software · price +$1.0M$7.8M+$529K
• Full Truck Alliance Co. Ltd.YMM635,723 shares · 0.1% of their software · price −$1.4M$6.8M−$621K
• NIQ Global Intelligence plcNIQ348,916 shares · 0.1% of their software$5.8MFlat
• VeevaVEEV25,636 shares · 0.1% of their software · price −$1.9M$5.7M−$24.8M
• Diebold Nixdorf, IncorporatedDBD82,612 shares · 0.1% of their software · price +$897K$5.6M+$1.6M
• Adeia Inc.ADEA311,863 shares · 0.1% of their software$5.4M+$1.9M
• LiveRamp Holdings, Inc.RAMP182,097 shares · 0.1% of their software$5.3M+$817K
• DynatraceDT121,992 shares · 0.1% of their software · price −$623K$5.3M+$2.3M
• BullishBLSH134,582 shares · 0.1% of their software · price −$3.5M$5.1M+$3.0M
• FortinetFTNT61,485 shares · 0.1% of their software$4.9MFlat
• CrowdStrikeCRWD10,023 shares · 0.1% of their software$4.7MFlat
• ACI WorldwideACIW94,366 shares · 0.1% of their software$4.5MFlat
• Q2QTWO62,457 shares · 0.1% of their software$4.5M+$2.3M
• SAPSAP18,061 shares · 0.1% of their software$4.4M−$597K
• GoDaddyGDDY35,081 shares · 0.1% of their software$4.4M+$2.7M
• CommvaultCVLT32,033 shares · 0.1% of their software · price −$2.0M$4.0M−$6.1M
• CertaraCERT437,767 shares · 0.1% of their software · price −$1.5M$3.9M+$3.8M
• F5, Inc.FFIV15,076 shares · 0.1% of their software · price −$1.0M$3.8M−$29.5M
• Sportradar Group AGSRAD155,995 shares · 0.1% of their software$3.7M−$1.8M
• Global-EGLBE94,320 shares · 0.1% of their software$3.7M+$2.8M
• N-ableNABL478,885 shares · 0.1% of their software$3.6MFlat
• YextYEXT427,867 shares · 0.1% of their software$3.4M+$3.0M
• OneSpan Inc.OSPN264,828 shares · 0.1% of their software · price −$808K$3.4MFlat
• Agilysys, Inc.AGYS26,084 shares · 0.1% of their software$3.1MFlat
• SS&CSSNC35,341 shares · 0.1% of their software$3.1M+$2.9M
• Euronet Worldwide, Inc.EEFT39,249 shares · 0.0% of their software$3.0M−$16.4M
• PaylocityPCTY19,351 shares · 0.0% of their software$3.0M+$1.7M
• DatadogDDOG20,784 shares · 0.0% of their software$2.8M−$1.3M
• Amdocs LimitedDOX32,542 shares · 0.0% of their software$2.6M−$13.0M
• MorningstarMORN11,917 shares · 0.0% of their software$2.6M−$12.5M
• ElasticESTC34,291 shares · 0.0% of their software$2.6M−$744K
• Telos CorporationTLS489,092 shares · 0.0% of their software · price −$851K$2.5MNew · +$3.3M
• ZoomZM28,126 shares · 0.0% of their software$2.4MNew · +$2.3M
• CCC Intelligent Solutions Holdings Inc.CCC300,870 shares · 0.0% of their software$2.4MFlat
• Grab Holdings LimitedGRAB472,946 shares · 0.0% of their software$2.4M+$891K
• SnowflakeSNOW10,588 shares · 0.0% of their software$2.3M−$2.0M
• QualysQLYS17,252 shares · 0.0% of their software$2.3M+$1.4M
• Mitek Systems, Inc.MITK198,488 shares · 0.0% of their software$2.1MFlat
• Intapp, Inc.INTA44,962 shares · 0.0% of their software$2.1MFlat
• Radware Ltd.RDWR83,556 shares · 0.0% of their software$2.0M+$1.0M
• CourseraCOUR270,763 shares · 0.0% of their software · price −$1.2M$2.0M−$24.0M
• Clear Secure, Inc.YOU56,507 shares · 0.0% of their software$2.0M−$16.0M
• WEX Inc.WEX13,098 shares · 0.0% of their software$2.0MFlat
• Bitdeer Technologies GroupBTDR167,690 shares · 0.0% of their software · price −$986K$1.9MNew · +$2.9M
• Cognyte Software Ltd.CGNT198,184 shares · 0.0% of their software$1.9M+$688K
• AvePointAVPT126,455 shares · 0.0% of their software$1.8MNew · +$1.9M
• OpenTextOTEX50,761 shares · 0.0% of their software$1.7MNew · +$1.9M
• Lyft, Inc.LYFT76,442 shares · 0.0% of their software$1.5MFlat
• BackblazeBLZE298,151 shares · 0.0% of their software · price −$1.4M$1.4MFlat
• TenableTENB58,825 shares · 0.0% of their software$1.4MFlat
• GitLabGTLB34,454 shares · 0.0% of their software$1.3M+$966K
• CloudflareNET6,418 shares · 0.0% of their software$1.3MFlat
• PaymentusPAY39,721 shares · 0.0% of their software$1.3MFlat
• Gen DigitalGEN45,896 shares · 0.0% of their software$1.2M−$17.1M
• StoneCo Ltd.STNE83,765 shares · 0.0% of their software$1.2M+$506K
• UiPathPATH69,239 shares · 0.0% of their software$1.1MFlat
• Calix, Inc.CALX21,400 shares · 0.0% of their software$1.1M−$704K
• BoxBOX34,555 shares · 0.0% of their software$1.0MFlat
• CoreWeave, Inc.CRWV14,096 shares · 0.0% of their software · price −$920K$1.0M+$1.5M
• TwilioTWLO5,707 shares · 0.0% of their software$812KFlat
• ServiceTitanTTAN7,585 shares · 0.0% of their software$808K−$1.3M
• PaycomPAYC4,828 shares · 0.0% of their software$769K−$18.9M
• Core Scientific, Inc.CORZ51,870 shares · 0.0% of their software$755KFlat
• GuidewireGWRE3,563 shares · 0.0% of their software$716KFlat
• ToastTOST18,589 shares · 0.0% of their software$660KFlat
• BrazeBRZE18,193 shares · 0.0% of their software$624K−$1.7M
• Rubrik, Inc.RBRK7,999 shares · 0.0% of their software$612KFlat
• NutanixNTNX11,271 shares · 0.0% of their software$583K−$11.9M
• SentinelOneS38,130 shares · 0.0% of their software$572K−$2.3M
• AppFolioAPPF2,395 shares · 0.0% of their software$557KFlat
• VeriSign, Inc.VRSN2,220 shares · 0.0% of their software$539K−$3.6M
• FastlyFSLY52,082 shares · 0.0% of their software$530KFlat
• SamsaraIOT14,485 shares · 0.0% of their software$513KFlat
• A10 Networks, Inc.ATEN28,162 shares · 0.0% of their software$498KFlat
• DoubleVerifyDV42,393 shares · 0.0% of their software$485KFlat
• ProcorePCOR6,648 shares · 0.0% of their software$484KFlat
• Consensus Cloud Solutions, Inc.CCSI21,427 shares · 0.0% of their software$468K−$1.1M
• SemrushSEMR39,012 shares · 0.0% of their software$464K—
• Sprout SocialSPT37,955 shares · 0.0% of their software$428KFlat
• ProgressPRGS9,831 shares · 0.0% of their software$422KFlat
• CS Disco, Inc.LAW54,263 shares · 0.0% of their software$421KNew · Flat
• AlkamiALKT17,985 shares · 0.0% of their software$415KNew · Flat
• UnityU9,120 shares · 0.0% of their software$403KFlat
• Figma, Inc.FIG9,730 shares · 0.0% of their software$364KFlat
• DoceboDCBO16,317 shares · 0.0% of their software$362K−$1.3M
• SailPointSAIL17,704 shares · 0.0% of their software$358KNew · Flat
• BILLBILL6,288 shares · 0.0% of their software$343KFlat
• WorkivaWK3,697 shares · 0.0% of their software$319K−$4.1M
• DuolingoDUOL1,760 shares · 0.0% of their software$309KFlat
• Strategy IncMSTR1,998 shares · 0.0% of their software$304K−$1.7M
• Pagaya Technologies Ltd.PGY14,428 shares · 0.0% of their software$302KFlat
• AppianAPPN8,497 shares · 0.0% of their software$301KNew · Flat
• Clearwater AnalyticsCWAN12,462 shares · 0.0% of their software$301K—
• AmplitudeAMPL23,988 shares · 0.0% of their software$278KFlat
• FreshworksFRSH16,770 shares · 0.0% of their software$205KFlat
• ZoomInfoZI19,559 shares · 0.0% of their software$199KFlat
• Upbound Group, Inc.UPBD10,038 shares · 0.0% of their software$176KNew · Flat
• Block, Inc.XYZ2,428 shares · 0.0% of their software$158KFlat
• SprinklrCXM18,730 shares · 0.0% of their software$146KNew · Flat
• Blend Labs, Inc.BLND36,000 shares · 0.0% of their software$109KFlat
• SimilarwebSMWB13,736 shares · 0.0% of their software$103KFlat
• Paysafe LimitedPSFE12,666 shares · 0.0% of their software$102K−$1.0M
• Digital TurbineAPPS13,068 shares · 0.0% of their software$65KFlat
• Rapid7RPD3,351 shares · 0.0% of their software$51K−$1.1M
• 8x8EGHT19,822 shares · 0.0% of their software$39KNew
• DropboxDBX896 shares · 0.0% of their software$25K−$609K
• Shift4 Payments, Inc.FOUR17 shares · 0.0% of their software$1K−$602K