Ranked by reported Q1 2026 13F market value
Share of total reported institutional value in LAZ held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | FMR LLC | 10.6M | $450.8M | -5.8% | 11.300% | 0.02% |
| 2 | BlackRock, Inc. | 7.6M | $322.0M | +2.1% | 8.072% | 0.01% |
| 3 | ARIEL INVESTMENTS, LLC | 5.8M | $247.5M | +10.0% | 6.204% | 2.77% |
| 4 | VANGUARD CAPITAL MANAGEMENT LLC | 5.0M | $210.8M | β | 5.285% | 0.01% |
| 5 | VANGUARD PORTFOLIO MANAGEMENT LLC | 5.0M | $210.4M | β | 5.275% | 0.01% |
| 6 | GEODE CAPITAL MANAGEMENT, LLC | 2.5M | $104.7M | +4.6% | 2.625% | 0.01% |
| 7 | Capital Research Global Investors | 2.5M | $104.4M | 0.0% | 2.616% | 0.02% |
| 8 | Fisher Asset Management, LLC | 2.2M | $92.2M | +23.3% | 2.312% | 0.03% |
| 9 | AMERIPRISE FINANCIAL INC | 2.2M | $91.5M | +17.6% | 2.294% | 0.02% |
| 10 | DIMENSIONAL FUND ADVISORS LP | 1.9M | $80.7M | +10.1% | 2.024% | 0.02% |
| 11 | STATE STREET CORP | 1.9M | $80.0M | -0.0% | 2.005% | 0.00% |
| 12 | VICTORY CAPITAL MANAGEMENT INC | 1.8M | $76.2M | -7.0% | 1.910% | 0.05% |
| 13 | MORGAN STANLEY | 1.5M | $63.9M | -2.9% | 1.602% | 0.00% |
| 14 | JANUS HENDERSON GROUP PLC | 1.4M | $60.8M | +3.5% | 1.524% | 0.03% |
| 15 | Epoch Investment Partners, Inc. | 1.4M | $57.8M | -12.9% | 1.449% | 0.35% |
| 16 | Invesco Ltd. | 1.3M | $55.1M | +13.1% | 1.380% | 0.01% |
| 17 | PRINCIPAL FINANCIAL GROUP INC | 1.3M | $53.8M | -14.4% | 1.349% | 0.03% |
| 18 | VOYA INVESTMENT MANAGEMENT LLC | 1.3M | $53.3M | -1.3% | 1.337% | 0.06% |
| 19 | CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 1.1M | $45.8M | +2.9% | 1.148% | 0.01% |
| 20 | ROYCE & ASSOCIATES LP | 975K | $41.4M | +8.8% | 1.038% | 0.41% |
| 21 | Qube Research & Technologies Ltd | 952K | $40.4M | +980.0% | 1.014% | 0.05% |
| 22 | TWO SIGMA INVESTMENTS, LP | 949K | $40.3M | +170.6% | 1.011% | 0.03% |
| 23 | GOLDMAN SACHS GROUP INC | 940K | $39.9M | +9.1% | 1.001% | 0.00% |
| 24 | VANGUARD FIDUCIARY TRUST CO | 703K | $29.8M | β | 0.748% | 0.01% |
| 25 | LOS ANGELES CAPITAL MANAGEMENT LLC | 675K | $28.7M | +1012.5% | 0.719% | 0.11% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). β% of Fundβ shows how much of that investorβs total 13F portfolio is invested in LAZ β a direct measure of their conviction.
Filings activity in LAZ during Q1 2026, grouped by how each filer changed its position.
Institutions that opened a new LAZ position in Q1 2026
Institutions that fully closed their LAZ position in Q1 2026
8 quarters of 13F filings Β· Ξ columns show change vs prior quarter
| Quarter | Inst. Holders | Ξ Holders | Ownership % | Ξ Ownership | Total 13F Value | Ξ Value |
|---|---|---|---|---|---|---|
| Q1 2026 | 319 | 1.5% | 83.45% | 11.78 pp | $3.43B | 12% |
| Q4 2025 | 324 | 0.6% | 95.23% | 0.67 pp | $3.91B | 0.7% |
| Q3 2025 | 326 | +9.4% | 95.90% | +4.07 pp | $3.94B | +4.4% |
| Q2 2025 | 298 | +8.8% | 91.83% | +7.99 pp | $3.77B | +9.5% |
| Q1 2025 | 274 | 3.9% | 83.84% | 15.93 pp | $3.44B | 16% |
| Q4 2024 | 285 | +8.0% | 99.77% | +4.73 pp | $4.10B | +5.0% |
| Q3 2024 | 264 | +6.5% | 95.04% | +26.14 pp | $3.90B | +38% |
| Q2 2024 | 248 | β | 68.90% | β | $2.83B | β |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Ξ columns compare to the immediately prior filed quarter.
Quick answers to the most common questions about buying LAZ stock.
Based on Q1 2026 13F filings, institutional ownership of Lazard Ltd stands at 83.5%, held across 319 reporting institutions.
FMR LLC is the largest reported institutional holder of LAZ, with approximately 10,611,910 shares worth $0.45B as of Q1 2026.
Yes β 2 widely-followed marquee investors appear among the top 25 institutional holders of LAZ, including Fisher Asset Management, LLC, TWO SIGMA INVESTMENTS, LP.
Our composite Smart Money Score for LAZ is 40 out of 100 (Neutral). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
49 institutions opened new positions in LAZ during Q1 2026, while 54 fully exited. 66 added to existing positions and 203 trimmed.
LAZ institutional ownership fell by 11.78 percentage points quarter-over-quarter, with a net change of -5 holders.
The top 10 institutions account for 55.9% of all reported 13F value in LAZ, and the top 25 account for 78.3%.
All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.
Lazard Ltd (LAZ) Institutional Ownership