Lazard, Inc.: which funds bought and sold
Institutions that bought and sold Lazard shares in Q2 2026, from the holdings they reported to the SEC on Form 13F for March 31, 2026 and June 30, 2026.
Between March 31, 2026 and June 30, 2026, 174 institutions that filed 13F reports for both quarters added to or opened positions in Lazard, and 158 cut or closed them. Together they added a net 7.7M shares, +8.6% on what they held at the start of the quarter. Active managers and hedge funds on our list were net sellers of 3.7M shares (−9.2%); index fund managers were net buyers of 4.9M shares (+20.2%). 59 opened a new position and 53 sold out entirely.
Bought, Q2 2026 174 institutions, 59 of them new holders Sold, Q2 2026 158 institutions, 53 of them sold out
Net change, all compared +7.7M shares (+8.6%)
Net change, active managers −3.7M shares (−9.2%), 14 bought, 29 sold
Buyers versus sellers
174 bought 53 158 sold
Active managers and hedge funds 14 bought · 29 sold · −3.7M
Index fund managers 9 bought · 0 sold · +4.9M
Other institutions 151 bought · 129 sold · +6.6M
Biggest buyers
| Institution | Change in shares | Shares June 30, 2026 | Value |
|---|---|---|---|
| Goldman Sachs Group Inc | +2.0M +217.8% | 3.0M | $125M |
| State Street Corp Index funds | +1.8M +93.0% | 3.6M | $152M |
| Blackrock, Inc. Index funds | +1.5M +19.2% | 9.0M | $379M |
| BNP Paribas Financial Markets | +1.3M +2560.4% | 1.4M | $57.2M |
| Vanguard Portfolio Management LLC Index funds | +1.2M +23.9% | 6.1M | $257M |
| Bank Of Nova Scotia | +805K New position | 805K | $33.8M |
| Jpmorgan Chase & Co | +709K +225.1% | 1.0M | $41.5M |
| Canada Pension Plan Investment Board | +697K New position | 697K | $29.2M |
| Morgan Stanley | +633K +42.1% | 2.1M | $89.6M |
| UBS Group AG | +569K +143.9% | 965K | $40.5M |
| Bank Of America Corp | +556K +124.0% | 1.0M | $42.1M |
| FMR LLC Active manager | +540K +5.1% | 11.2M | $468M |
| Public Sector Pension Investment Board | +384K New position | 384K | $16.1M |
| Caisse De Depot Et Placement Du Quebec | +366K New position | 366K | $15.3M |
| SG Americas Securities, LLC | +315K +6389.5% | 320K | $13.4M |
| Walleye Capital LLC Hedge fund | +287K +7380.1% | 291K | $12.2M |
| Bank Of New York Mellon Corp | +275K +57.5% | 753K | $31.6M |
| Mufg Securities Emea PLC | +254K New position | 254K | $10.7M |
| Squarepoint Ops LLC Hedge fund | +206K +59.2% | 554K | $23.2M |
| Dimensional Fund Advisors LP | +172K +9.0% | 2.1M | $86.9M |
| Institution | Change in shares | Shares June 30, 2026 | Value |
|---|---|---|---|
| FMR LLC Active manager | +540K +5.1% | 11.2M | $468M |
| Walleye Capital LLC Hedge fund | +287K +7380.1% | 291K | $12.2M |
| Squarepoint Ops LLC Hedge fund | +206K +59.2% | 554K | $23.2M |
| Levin Capital Strategies, L.P. Active manager | +139K New position | 139K | $5.8M |
| Schonfeld Strategic Advisors LLC Hedge fund | +136K New position | 136K | $5.7M |
| Brevan Howard Capital Management LP Hedge fund | +78K +1547.3% | 83K | $3.5M |
| American Century Companies Inc Active manager | +76K +69.8% | 185K | $7.8M |
| Engineers Gate Manager LP Hedge fund | +41K +74.7% | 96K | $4M |
| AQR Capital Management LLC Hedge fund | +30K +8.2% | 401K | $16.8M |
| Alliancebernstein L.P. Active manager | +12K +47.6% | 39K | $1.6M |
Biggest sellers
| Institution | Change in shares | Shares June 30, 2026 | Value |
|---|---|---|---|
| Qube Research & Technologies Ltd Hedge fund | −952K Sold out | 0 | — |
| Price T Rowe Associates Inc Active manager | −639K −6.7% | 9.0M | $376M |
| Woodline Partners LP Hedge fund | −563K Sold out | 0 | — |
| Voya Investment Management LLC | −513K −40.8% | 743K | $31.2M |
| Los Angeles Capital Management LLC Active manager | −512K −75.7% | 164K | $6.9M |
| Susquehanna International Group, LLP | −401K −82.8% | 83K | $3.5M |
| Citadel Advisors LLC Hedge fund | −345K Sold out | 0 | — |
| Ranger Investment Management, L.P. Active manager | −307K −53.2% | 270K | $11.3M |
| Jane Street Group, LLC | −287K Sold out | 0 | — |
| Callodine Capital Management, LP | −278K −90.3% | 30K | $1.3M |
| Penn Capital Management Company, LLC Active manager | −265K Sold out | 0 | — |
| Invenomic Capital Management LP Hedge fund | −257K Sold out | 0 | — |
| Victory Capital Management Inc Active manager | −251K −14.0% | 1.5M | $64.7M |
| Bokf, Na | −242K −99.2% | 1,885 | $79,057 |
| Exoduspoint Capital Management, LP Hedge fund | −223K −84.4% | 41K | $1.7M |
| Capital Research Global Investors Active manager | −214K −8.7% | 2.2M | $94M |
| Ameriprise Financial Inc | −202K −9.4% | 2.0M | $81.9M |
| Susquehanna Portfolio Strategies, LLC | −181K Sold out | 0 | — |
| Algert Global LLC Hedge fund | −173K −95.1% | 8,850 | $371,169 |
| New York State Common Retirement Fund | −171K −76.0% | 54K | $2.3M |
| Institution | Change in shares | Shares June 30, 2026 | Value |
|---|---|---|---|
| Qube Research & Technologies Ltd Hedge fund | −952K Sold out | 0 | — |
| Price T Rowe Associates Inc Active manager | −639K −6.7% | 9.0M | $376M |
| Woodline Partners LP Hedge fund | −563K Sold out | 0 | — |
| Los Angeles Capital Management LLC Active manager | −512K −75.7% | 164K | $6.9M |
| Citadel Advisors LLC Hedge fund | −345K Sold out | 0 | — |
| Ranger Investment Management, L.P. Active manager | −307K −53.2% | 270K | $11.3M |
| Penn Capital Management Company, LLC Active manager | −265K Sold out | 0 | — |
| Invenomic Capital Management LP Hedge fund | −257K Sold out | 0 | — |
| Victory Capital Management Inc Active manager | −251K −14.0% | 1.5M | $64.7M |
| Exoduspoint Capital Management, LP Hedge fund | −223K −84.4% | 41K | $1.7M |
New positions
| Institution | Shares | Value June 30, 2026 |
|---|---|---|
| Bank Of Nova Scotia | 805K | $33.8M |
| Canada Pension Plan Investment Board | 697K | $29.2M |
| Public Sector Pension Investment Board | 384K | $16.1M |
| Caisse De Depot Et Placement Du Quebec | 366K | $15.3M |
| Mufg Securities Emea PLC | 254K | $10.7M |
| Susquehanna Fundamental Investments, LLC | 153K | $6.4M |
| Healthcare Of Ontario Pension Plan Trust Fund | 151K | $6.3M |
| Levin Capital Strategies, L.P.Active manager | 139K | $5.8M |
| Schonfeld Strategic Advisors LLCHedge fund | 136K | $5.7M |
| Capricorn Fund Managers Ltd | 122K | $5.1M |
Sold out
| Institution | Shares | Value March 31, 2026 |
|---|---|---|
| Qube Research & Technologies LtdHedge fund | 952K | $40.4M |
| Woodline Partners LPHedge fund | 563K | $23.9M |
| Citadel Advisors LLCHedge fund | 345K | $14.7M |
| Jane Street Group, LLC | 287K | $12.2M |
| Penn Capital Management Company, LLCActive manager | 265K | $11.3M |
| Invenomic Capital Management LPHedge fund | 257K | $10.9M |
| Susquehanna Portfolio Strategies, LLC | 181K | $7.7M |
| Millennium Management LLCHedge fund | 138K | $5.9M |
| Dark Forest Capital Management LP | 133K | $5.7M |
| Nomura Asset Management International Inc. | 91K | $3.9M |
Who holds the shares
- Institutions reporting
- 341
- Ten largest holders
- 56.6% of 13F-reported shares
- Index fund managers
- 28.8% of 13F-reported shares
- Active managers and hedge funds
- 36.4% of 13F-reported shares
| Type | Bought | Sold | New | Sold out | Net change in shares | Net % |
|---|---|---|---|---|---|---|
| Active managers and hedge funds | 14 | 29 | 4 | 11 | −3.7M | −9.2% |
| Index fund managers | 9 | 0 | 0 | 0 | +4.9M | +20.2% |
| Other institutions | 151 | 129 | 55 | 42 | +6.6M | +25.9% |