Lazard Freres Gestion S.A.S.
SEC Form 13F institutional filer · CIK 0001426748
13F-HR · 101 reported holdings · 2026-03-31
Reported long-US-equity value
$0.00B
Top-10 concentration
51.9%
Lazard Freres Gestion S.A.S. — $4.96M AUM allocation strategy
Lazard Freres Gestion S.A.S. files SEC Form 13F and reports $4.96M of long US equity value across 101 reported holdings for 2026-03-31.
Its largest sector bet is Information Technology 32.2%, followed by Communication Services 9.6% and Industrials 8.3%.
The top 10 holdings account for 52% of reported value — a conviction-weighted book concentrated in its best ideas. The sector and industry splits below are of the same reported value. Track quarter-over-quarter adds, trims, new positions and exits below — sourced from SEC 13F filings, public domain.
Lazard Freres Gestion S.A.S. — latest SEC 13F insights
Reported long-US-equity value (13F AUM)
$4.96M
total across 101 reported holdings · 2026-03-31 · excludes shorts, cash, non-US
Top-10 concentration
52% of value
higher = narrower conviction; lower = spread / hedging
Biggest adds (shares)
+$MDLZ +121K sh · +$9.64K+$TMUS +47.7K sh · +$11.2K+$NKE +33.4K sh · −$11.1K
Biggest trims (shares)
−$MDT −125K sh · −$26.9K−$MS −90.6K sh · −$21.2K−$BDX −72.3K sh · −$25.2K
Sector allocation (share of reported value)
each slice is a share of the reported long-US-equity value — smaller sectors and the rest of the book roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Industry allocation (share of reported value)
- Interactive Media & Services9.6%—
- Systems Software7.9%—
- Broadline Retail6.7%—
- Semiconductors6.6%—
- Technology Hardware, Storage & Peripherals6.4%—
- Pharmaceuticals5.2%—
- Transaction & Payment Processing Services4.6%—
- Industrial Machinery & Supplies & Components4.3%—
- Other holdings48.8%—
the finer GICS cut of the same book — same denominator — smaller industries roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Top S&P 500 holdings
10 of 10 rows · sorted by Value ↓
| Ticker | Holding | Shares | Value | Δ QoQ | Weight |
|---|---|---|---|---|---|
| $MSFT | Microsoft Corporation | 1.06M | $393K | +19.5K | 7.9% |
| $GOOG | Alphabet Inc. Class C Capital Stock | 1.29M | $370K | -2.08K | 7.5% |
| $AMZN | Amazon.com Inc | 1.6M | $334K | +19K | 6.7% |
| $AAPL | Apple Inc | 1.26M | $319K | +21.8K | 6.4% |
| $NVDA | NVIDIA Corporation | 1.46M | $255K | -24.8K | 5.1% |
| $V | Visa Inc | 746K | $225K | +11.1K | 4.5% |
| $RTX | RTX Corporation | 1.03M | $199K | -20.3K | 4.0% |
| $MSI | Motorola Solutions Inc | 431K | $187K | -8.76K | 3.8% |
| $AMAT | Applied Materials Inc | 444K | $152K | -68.2K | 3.1% |
| $MDT | Medtronic plc | 1.58M | $137K | -125K | 2.8% |
…and 91 more holdings in the full 13F filing (top positions only shown).
SEC Form 13F data sets · public domain · 45-day filing lag · >$100M AUM managers · as reported
← All 13F filers·← QuantOrb.pro
How to read Δ QoQ — the five insight categories, and the caveats
The categories. Analysts, quants and retail traders look past total portfolio value to isolate actionable signals. Five categories matter.
Conviction & concentration shifts
New positions vs complete exits — a brand-new stock signals high conviction; a full liquidation suggests a broken thesis or tax-loss harvesting. Aggressive sizing — look at share count, not dollars: a 20% share increase during a drawdown is strong dip-buying. Concentration — a narrowing top-5/10 means conviction; spreading capital across more names means hedging.
Sector & macro allocation rotations
Aggregating Δ QoQ moves across sectors shows where smart money is leaning in or sneaking out — rotating out of growth into defensives or energy, for example. The fund's total long equity exposure quarter-over-quarter is a proxy for overall institutional risk appetite.
Crowding & smart-money consensus
When several managers initiate or expand the same stock in the same quarter, that is institutional consensus. Contrarian reads: top pickers buying hard into a beaten-down name the market is selling.
Derivative & option overlays
Reported call/put changes indicate whether managers are adding downside hedges or leveraging upside exposure. Note: a long increase may be half of a market-neutral pair trade.
Who reads this
| Retail "cloners" | High-conviction ideas to replicate ~45 days after quarter-end. |
| Corporate IR | Which funds bought or dumped the stock, before the next call. |
| Quant / algo traders | Cross-sectional factor inputs: flow, momentum, ownership. |
Four caveats before you trade on it
- 45-day lag — holdings are quarter-end; positions may already be closed.
- Long-only — 13Fs miss shorts, pair trades and cash.
- No non-US / fixed income — the picture is US equities plus options.
- Corporate actions — splits and spinoffs distort raw share deltas.
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