Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Lazard Inc (LAZ)

326 + Investors. Track Smart Money conviction in LAZ. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -1
Streak
2Q ▼
Buyers last Q
54%

Smart Money Signals — LAZ

Based on 328 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds reduced or closed their LAZ positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
🏔️

At the ownership peak (99% of max)

99% of all-time peak
328 hedge funds hold LAZ right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
📶

Steady growth — +19% more funds vs a year ago

fund count last 6Q
+52 new funds entered over the past year (+19% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 54% buying

183 buying155 selling
Last quarter: 183 funds bought or added vs 155 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
⚠️

Fewer new buyers each quarter (-10 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 65 → 74 → 58 → 48. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
📌

Mixed — 37% long-term, 26% new

■ 37% conviction (2yr+) ■ 38% medium ■ 26% new
Of the 328 current holders: 120 (37%) held >2 years, 124 held 1–2 years, and 84 entered in the last year. A mixed base — the stock has long-term believers but also recent buyers who haven't been tested by a downturn yet.
📊

Peak discovery — momentum slowing

44 → 65 → 74 → 58 → 48 new funds/Q
New funds entering each quarter: 65 → 74 → 58 → 48. LAZ is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.
📊

Mixed cohorts — 7% veterans, 32% new entrants

■ 7% veterans ■ 61% 1-2yr ■ 32% new
Of 340 current holders: 24 (7%) held 2+ years, 206 held 1–2 years, 110 (32%) entered in the past year. Balanced distribution — some institutional memory, some recent momentum buyers.
🏆

Elite ownership — 48% AUM from top-100 funds

48% from top-100 AUM funds
53 of 327 holders are among the 100 largest funds by AUM, controlling 48% of total institutional value in LAZ. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.8
out of 10
Low Exit Risk
Exit risk score 3.8/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — LAZ

In 2026 Q1, 183 hedge funds were net buyers of LAZ (48 opened a new position, 135 added to an existing one), while 155 reduced or exited (106 trimmed, 49 sold completely) — a 54% buyer ratio, indicating a slight buying edge. Net selling has persisted for two consecutive quarters. 48% of total institutional value in LAZ is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -1 funds (more exits than new entries). Total institutional holders: 328.

Hedge Fund Ownership: LAZ

How many hedge funds hold LAZ — quarterly history vs. share price
Quarterly hedge fund ownership of LAZ vs. share price

Market Analysis: LAZ

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: LAZ

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Lazard Inc (LAZ) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much LAZ has moved relative to its sector benchmark (XLF) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 84d ago
LAZ
+2.8%
XLF
+8.8%

LAZ outperformed XLF by -6.0% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 39d ago
LAZ
-3.5%
XLF
+5.1%

Since the filing became public, LAZ outperformed XLF by -8.6% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

25 top-rated funds 0 high-conviction
Consensus
6.1
/ 10
breadth
×
Elite
1.0
/ 10
conviction
Hedge Fund Positioning: LAZ
326 + Investors

Track Smart Money conviction in LAZ. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 326 329 -0.91%
13F Shares 92M 91M 1.72%
Total Value $3.47B $3.95B -12.25%
New Positions 46 58 -12
Increased Positions 133 116 +17
Closed Positions 49 60 -11
Reduced Positions 102 94 +8
Total Calls 6 7 -14.29%
Total Puts 7 5 40.0%
PUT/CALL Ratio 1.17 0.71 Neutral

Statistics: LAZ

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Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

326 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in LAZ. Verified SEC 13F-HR filings.

QUARTER:
Top 25 LAZ holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Ariel Investments, LLC 2.77% 5,826,289 $247.5M
2 Ranger Investment Management, L.P. 1.78% 577,662 $24.5M
3 Algebris (uk) Ltd 1.31% 427,077 $18.1M
4 Basswood Capital Management, L.L.C. 1.17% 584,388 $24.8M
5 Buck Wealth Strategies, LLC 0.99% 189,103 $8.0M
6 Callodine Capital Management, LP 0.92% 308,420 $13.1M
7 Penn Capital Management Company, LLC 0.87% 264,864 $11.3M
8 Mork Capital Management, LLC 0.67% 22,250 $945K
9 Icon Advisers Inc/Co 0.61% 61,898 $2.6M
10 Gw Henssler & Associates Ltd 0.59% 295,243 $12.5M
11 Dark Forest Capital Management LP 0.50% 133,357 $5.7M
12 Lawood & Co 0.50% 12,720 $540K
13 Invenomic Capital Management LP 0.50% 256,750 $10.9M
14 Paulson Wealth Management Inc. 0.49% 48,762 $2.1M
15 Royce & Associates LP 0.41% 974,986 $41.4M
16 Jackson Hole Capital Partners, LLC 0.40% 57,341 $2.4M
17 Epoch Investment Partners, Inc. 0.35% 1,360,866 $57.8M
18 Autumn Glory Partners, LLC 0.33% 21,084 $896K
19 Purpose Unlimited Inc. 0.32% 183,755 $7.8M
20 Catalyst Funds Management Pty Ltd 0.31% 43,507 $1.8M
21 Oliver Luxxe Assets LLC 0.30% 47,565 $2.0M
22 Crawford Investment Counsel Inc 0.28% 385,702 $16.4M
23 Future Fund LLC 0.25% 16,903 $718K
24 Cambiar Investors LLC 0.24% 120,864 $5.1M
25 Callahan Advisors, LLC 0.19% 54,776 $2.3M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Lazard Inc (LAZ)

What does the Smart Money Trend signal show for LAZ?

Selling streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds reduced or closed their LAZ positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for LAZ?

Slight buying edge — 54% buying: Last quarter: 183 funds bought or added vs 155 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for LAZ holders?

Elite ownership — 48% AUM from top-100 funds: 53 of 327 holders are among the 100 largest funds by AUM, controlling 48% of total institutional value in LAZ. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held LAZ?

Mixed — 37% long-term, 26% new: Of the 328 current holders: 120 (37%) held >2 years, 124 held 1–2 years, and 84 entered in the last year. A mixed base — the stock has long-term believers but also recent buyers who haven't been tested by a downturn yet.

Is it too late to buy Lazard Inc (LAZ) following the 2026 Q1 hedge fund 13F filings?

As of today, LAZ has moved -3.5% since the 2026 Q1 13F filing date (May 15, 2026), compared to +5.1% for the XLF sector ETF — an outperformance of -8.6%. Since the quarter end (March 31, 2026), LAZ has gained +2.8% vs +8.8% for XLF. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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