Lazard, Inc. - Common Stock SH (LAZ) Institutional Ownership

13F Institutional Holders and Ownership History from Q4 2023 to Q4 2025

Type / Class
Equity / Common Stock SH
Symbol
LAZ on NYSE
Shares outstanding
111,614,660
Price per share
$51.97
All holders as of 31 Dec 2025
Q4 2025
Total 13F shares
88,481,998
Total reported value
$4,296,153,557
% of total 13F portfolios
0%
Share change
+4,801,489
Value change
+$228,607,087
Number of holders
326
Price from insider filings
$51.97
Reported Shares, Excluding Options vs Price
Reported Value, Excluding Options
Total Investors

Significant Owners of Lazard, Inc. - Common Stock SH (LAZ) based on Schedule 13D/G filings

Filer Ownership Change % Holdings Value Net Change Nb Shares Change % Reporting Name Report Period
FMR LLC 9.8% $427,950,442 11,075,322 FMR LLC 31 Mar 2025
PRICE T ROWE ASSOCIATES INC /MD/ 6.9% +30% $409,543,824 +$87,629,156 7,759,451 +27% T. Rowe Price Associates, Inc. 30 Sep 2025
BlackRock, Inc. 7.9% -14% $358,796,223 -$38,027,763 7,478,006 -9.6% BlackRock, Inc. 30 Jun 2025
ARIEL INVESTMENTS, LLC 4.7% -8% $276,878,021 -$26,817,940 5,245,889 -8.8% Ariel Investments, LLC 30 Sep 2025

As of 31 Dec 2025, 326 institutional investors reported holding 88,481,998 shares of Lazard, Inc. - Common Stock SH (LAZ). This represents 79% of the company’s total 111,614,660 outstanding shares.

Top 25 Institutional Shareholders

The largest institutional shareholders of Lazard, Inc. - Common Stock SH (LAZ) together control 65% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.

Institution Ownership % Shares Held Share Change % Portfolio % Holdings Value
FMR LLC 10% 11,259,460 +5.4% 0.03% $546,759,378
VANGUARD GROUP INC 10% 11,149,582 -0.28% 0.01% $541,423,702
PRICE T ROWE ASSOCIATES INC /MD/ 7.9% 8,807,320 +14% 0.05% $427,685,000
BlackRock, Inc. 6.7% 7,426,222 +1.4% 0.01% $360,617,323
ARIEL INVESTMENTS, LLC 4.7% 5,296,822 +0.97% 2.8% $257,213,676
Capital Research Global Investors 2.2% 2,456,726 +9.9% 0.02% $119,298,615
GEODE CAPITAL MANAGEMENT, LLC 2.1% 2,357,095 +0.27% 0.01% $114,481,094
VICTORY CAPITAL MANAGEMENT INC 1.7% 1,929,435 +2.1% 0.05% $93,693,364
STATE STREET CORP 1.7% 1,882,887 -6.2% 0% $91,432,993
AMERIPRISE FINANCIAL INC 1.6% 1,830,720 -2.8% 0.02% $88,893,357
Fisher Asset Management, LLC 1.6% 1,760,637 +2.2% 0.03% $85,496,531
DIMENSIONAL FUND ADVISORS LP 1.5% 1,726,416 +6.6% 0.02% $83,844,439
NORGES BANK 1.5% 1,650,918 0.01% $80,168,578
Epoch Investment Partners, Inc. 1.4% 1,563,208 -2.9% 0.43% $75,909,381
MORGAN STANLEY 1.4% 1,548,429 +4.5% 0% $75,191,820
PRINCIPAL FINANCIAL GROUP INC 1.3% 1,480,268 -6.8% 0.04% $71,881,814
JANUS HENDERSON GROUP PLC 1.2% 1,382,751 +1.7% 0.03% $67,146,996
VOYA INVESTMENT MANAGEMENT LLC 1.1% 1,272,464 +9.1% 0.06% $61,790,887
Invesco Ltd. 1% 1,146,174 +1.1% 0.01% $55,658,209
CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.94% 1,048,212 -0.39% 0.01% $50,901,175
ROYCE & ASSOCIATES LP 0.8% 896,328 +6.1% 0.44% $43,525,688
GOLDMAN SACHS GROUP INC 0.77% 861,179 -0.14% 0.01% $41,818,850
CITADEL ADVISORS LLC 0.59% 656,289 +106% 0.02% $31,869,394
Ranger Investment Management, L.P. 0.52% 582,002 -0.49% 1.9% $28,262,017
NORTHERN TRUST CORP 0.51% 572,182 -3.4% 0% $27,785,158

Institutional Holders of Lazard, Inc. - Common Stock SH (LAZ) across Reporting Periods

Period Reported Shares, Excl. Options Value, Excl. Options Value Change Price (Median) Investors
2025 Q4 88,481,998 $4,296,153,557 +$228,607,087 $48.56 326
2025 Q3 83,572,302 $4,410,146,017 -$135,416,719 $52.78 336
2025 Q2 86,397,296 $4,144,708,665 -$4,452,851 $47.98 296
2025 Q1 86,826,824 $3,748,681,064 +$232,873,363 $43.30 282
2024 Q4 81,053,145 $4,171,837,418 +$82,255,165 $51.48 288
2024 Q3 79,270,311 $3,993,701,545 +$157,446,260 $50.38 265
2024 Q2 76,925,186 $2,937,238,443 +$240,549,897 $38.18 251
2024 Q1 70,467,572 $2,950,360,270 +$2,914,117,671 $41.87 220
2023 Q4 602,514 $20,968,918 +$20,718,720 $34.80 17