Lazard Ltd
Lazard Ltd (LAZ) Stock Ownership
Institutional vs insider vs public ownership from 13F and float data — top holders, activity, and insider trades below.
SEC 13F · FMP · LAZ · as of Sep 30, 2025
Ownership Breakdown
357
Institutional Holders
▲ 41 vs Q2
$4.41B
Total Inst. Value
▲ $264.43M vs Q2
98.44M
Shares Outstanding
freeFloat 99.11%
83.57M
13F Shares Held
▼ 2.99M vs Q2
Institutional ownership = 13F shares ÷ total outstanding. Insider % = 100 − free float. Public % = free float − institution %. Data: FMP /symbol-positions-summary + /shares-float + SEC EDGAR.
Top Institutional Holders
LAZ largest shareholders · institutional ownership
Q3 2025 · SEC 13F
Showing top 10 holders
| Holder | Shares | % Owned | Weight | Value | Reported | Change |
|---|---|---|---|---|---|---|
VANGUARD GROUP INC investment advice | 11.18M | 11.46% | 11.46% | $590.12B | Nov 7, 2025 | ▲ 245.2K |
FMR LLC investment advice | 10.68M | 10.95% | 10.95% | $563.62B | Nov 13, 2025 | ▼ 586.7K |
PRICE T ROWE ASSOCIATES INC /MD/ investment advice | 7.76M | 7.96% | 7.96% | $409.55B | Nov 14, 2025 | ▲ 835.9K |
BLACKROCK, INC. investment advice | 7.32M | 7.51% | 7.51% | $386.57B | Nov 12, 2025 | ▼ 337.3K |
ARIEL INVESTMENTS, LLC investment advice | 5.25M | 5.38% | 5.38% | $276.88B | Nov 14, 2025 | ▼ 508.1K |
GEODE CAPITAL MANAGEMENT, LLC investment advice | 2.35M | 2.41% | 2.41% | $124.09B | Nov 12, 2025 | ▼ 35.1K |
CAPITAL RESEARCH GLOBAL INVESTORS investment advice | 2.24M | 2.29% | 2.29% | $117.99B | Nov 13, 2025 | ▼ 130.8K |
STATE STREET CORP investment advice | 2.01M | 2.06% | 2.06% | $105.92B | Nov 14, 2025 | ▼ 101.4K |
VICTORY CAPITAL MANAGEMENT INC investment advice | 1.89M | 1.94% | 1.94% | $99.73B | Nov 12, 2025 | ▼ 25.0K |
AMERIPRISE FINANCIAL INC investment advice | 1.88M | 1.93% | 1.93% | $99.44B | Nov 14, 2025 | ▲ 192.0K |
Data from SEC Form 13F filings. Ownership bar normalised to largest holder. Change flags: isNew / isSoldOut / changeInSharesNumber (FMP extract-analytics/holder).
Institutional Activity
Q3 2025 vs prior quarter
Q3 2025
21
Increased
+2.58M shares2
New Positions
first time holders25
Decreased
−2.87M shares0
Sold Out
fully exitedNet shares change (top 50)
288.5K
+2.58M / −2.87M
Net new holders
-2
2 new / 0 exited
Based on top 50 institutional holders by position size. Fields: isNew, isSoldOut, changeInSharesNumber (FMP extract-analytics/holder, limit=50).
Insider Buying vs Selling
LAZ insider trading · insider activity
Source: SEC Form 4
Insiders have been primarily selling shares recently. Selling may be driven by pre-scheduled Rule 10b5-1 plans rather than negative sentiment.
14
Buy transactions
14
Sell transactions
1.00
Buy/Sell ratio
$0M
Total disposed
Recent Insider Transactions
Showing 10 most recent · Common Stock only
| Name · Role | Date | Type | Shares | Price | Value | After Trans. | Filing |
|---|---|---|---|---|---|---|---|
Farr Tracy Chief Financial Officer | May 22, 2026 | Award | 393 | — | — | 38.0K | Form 4 ↗ |
Gathy Michael Chief Accounting Officer | May 22, 2026 | Award | 134 | — | — | 12.9K | Form 4 ↗ |
Hogbin Christopher CEO Asset Management | May 22, 2026 | Award | 2,716 | — | — | 263.7K | Form 4 ↗ |
Soto Alexandra Chief Operating Officer | May 22, 2026 | Award | 3,138 | — | — | 304.6K | Form 4 ↗ |
Alper Andrew M director | May 15, 2026 | Award | 857 | — | — | 99.7K | Form 4 ↗ |
Howe Stephen R. Jr. director | May 15, 2026 | Award | 100 | — | — | 10.5K | Form 4 ↗ |
Hogbin Christopher CEO Asset Management | Mar 17, 2026 | Tax Withhold | 24,674 | $40.06 | $988.4K | 23.7K | Form 4 ↗ |
Hogbin Christopher CEO Asset Management | Mar 18, 2026 | Sale | 7,885 | $40.37 | $318.3K | 15.8K | Form 4 ↗ |
Hogbin Christopher CEO Asset Management | Mar 19, 2026 | Sale | 3,944 | $39.37 | $155.3K | 11.8K | Form 4 ↗ |
Farr Tracy Chief Financial Officer | Mar 17, 2026 | Award | 12,982 | — | — | 37.6K | Form 4 ↗ |
Source: /insider-trading/search (FMP stable). Buy/Sell direction: acquisitionOrDisposition A=Buy, D=Sell. RSU vesting (M-Exempt) excluded from sentiment bar. All data from SEC EDGAR public filings.
About institutional & insider ownership
Lazard Ltd (LAZ) is primarily owned by institutional investors, who hold approximately 84.9% of total shares outstanding. Company insiders own approximately 0.89%, while retail and public investors account for the remaining 14.22%.
The largest institutional shareholder of Lazard Ltd is VANGUARD GROUP INC, holding approximately 11.18 million shares — equal to 11.46% of outstanding shares — as of September 30, 2025.
A total of 357 institutional investors currently hold LAZ stock, with a combined institutional value of approximately $4.41 billion as of the most recent 13F filing period.
Frequently asked questions
LAZ ownershipLazard Ltd (LAZ) is primarily owned by institutional investors, who hold approximately 84.9% of shares. The largest shareholder is VANGUARD GROUP INC with a 11.46% stake. Company insiders hold 0.89%. Data sourced from SEC Form 13F as of September 30, 2025.