Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

LAZARD INC (LAZ)

318 + 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
1Q ▼
Buyers last Q
53%

Smart Money Signals — LAZ

Based on 309 hedge funds · latest filing: 2025 Q4 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, 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 (100% of max)

100% of all-time peak
309 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 — +14% more funds vs a year ago

fund count last 6Q
+37 new funds entered over the past year (+14% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 53% buying

168 buying150 selling
Last quarter: 168 funds bought or added vs 150 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 (-14 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 40 → 61 → 70 → 56. 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.
🔄

Mostly new holders — 30% entered in last year

■ 8% conviction (2yr+) ■ 62% medium ■ 30% new
Only 26 funds (8%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.
📈

Growing discovery — still being found

53 → 40 → 61 → 70 → 56 new funds/Q
New funds entering each quarter: 40 → 61 → 70 → 56. A growing number of institutions are discovering LAZ each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
📊

Mixed cohorts — 4% veterans, 36% new entrants

■ 4% veterans ■ 60% 1-2yr ■ 36% new
Of 318 current holders: 13 (4%) held 2+ years, 191 held 1–2 years, 114 (36%) entered in the past year. Balanced distribution — some institutional memory, some recent momentum buyers.
🏆

Elite ownership — 62% AUM from top-100 funds

62% from top-100 AUM funds
39 of 309 holders are among the 100 largest funds by AUM, controlling 62% 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.
4.0
out of 10
Moderate Exit Risk
Exit risk score 4.0/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.

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.

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.

Smart Money Signal ?
Broad Consensus, Selective Conviction

Many quality funds hold this stock, but top-tier positions remain relatively small.

47 top-rated funds 1 high-conviction
Consensus
7.3
/ 10
breadth
×
Elite
2.0
/ 10
conviction
Hedge Fund Positioning: LAZ
2026 Q1 Stats Unlock in 12 days 318 + Investors

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

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 318 325 -2.15%
13F Shares 89M 83M 6.61%
Total Value $3.89B $3.97B -1.92%
New Positions 56 71 -15
Increased Positions 132 119 +13
Closed Positions 59 39 +20
Reduced Positions 105 120 -15
Total Calls 7 10 -30.0%
Total Puts 5 8 -37.5%
PUT/CALL Ratio 0.71 0.8 Neutral

Statistics: LAZ

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Valuation Measures Data as of: --

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PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
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Total Cash (mrq) --
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Institutional Holders (2026 Q1)

318 + investors

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

Top 25 institutional holders of LAZ — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Buck Wealth Strategies, LLC 0.99% 189,103 $8.0M
2 Penn Capital Management Company, LLC 0.87% 264,864 $11.3M
3 AMICA MUTUAL INSURANCE CO 0.70% 192,555 $8K
4 LAWOOD & CO 0.50% 12,720 $540K
5 Jackson Hole Capital Partners, LLC 0.40% 57,341 $2.4M
6 Autumn Glory Partners, LLC 0.33% 21,084 $896K
7 Oliver Luxxe Assets LLC 0.30% 47,565 $2.0M
8 Future Fund LLC 0.25% 16,903 $718K
9 Bayforest Capital Ltd 0.16% 3,463 $147K
10 BOKF, NA 0.16% 244,129 $10.4M
11 Crestwood Advisors Group, LLC 0.14% 199,155 $8.5M
12 State of Alaska, Department of Revenue 0.13% 281,368 $12K
13 Great Lakes Retirement, Inc. 0.11% 25,856 $1.1M
14 LECAP ASSET MANAGEMENT LTD 0.11% 6,731 $286K
15 Gilman Hill Asset Management, LLC 0.11% 16,725 $710K
16 1492 Capital Management LLC 0.10% 6,489 $276K
17 CX Institutional 0.10% 75,452 $3K
18 Shulman DeMeo Asset Management LLC 0.09% 10,385 $441K
19 Van Berkom & Associates Inc. 0.09% 64,831 $3K
20 FIRST NATIONAL TRUST CO 0.08% 57,194 $2.4M
21 Hilltop National Bank 0.08% 7,441 $316K
22 Z3 Capital Partners, LLC 0.07% 5,905 $287K
23 Claro Advisors Inc. 0.06% 11,875 $504K
24 Moran Wealth Management, LLC 0.06% 46,266 $2.0M
25 Abel Hall, LLC 0.06% 6,285 $267K
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 — 1 quarter in a row: For 1 consecutive quarter, 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 — 53% buying: Last quarter: 168 funds bought or added vs 150 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 — 62% AUM from top-100 funds: 39 of 309 holders are among the 100 largest funds by AUM, controlling 62% 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?

Mostly new holders — 30% entered in last year: Only 26 funds (8%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.

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.