Who owns LAZ (LAZ)
Which tracked institutional funds hold LAZ, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See LAZ company fundamentals →
Ownership as of the 2026-Q1 13F filings. 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
56 tracked funds added or opened LAZ while 103 trimmed or exited it between 2025-Q4 and 2026-Q1 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
LAZ’s largest tracked holder by dollar value, VANGUARD GROUP INC, sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.0pp gap the other way — the median holder sizes LAZ more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in LAZ divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2025-Q4 and 2026-Q1, across 333 tracked filers holding LAZ, 182 increased or opened the position and 157 reduced or closed it; over the same quarter, open-market insider Form 4 buying and selling roughly offset.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in LAZ between the 2025-Q4 and 2026-Q1 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 23
- VANGUARD CAPITAL MANAGEMENT LLC$211M
- VANGUARD PORTFOLIO MANAGEMENT LLC$210M
- VANGUARD FIDUCIARY TRUST CO$30M
- Allspring Global Investments Holdings, LLC$14M
- Callodine Capital Management, LP$13M
- Invenomic Capital Management LP$11M
Full exits 16
- VANGUARD GROUP INC$534M
- TWO SIGMA ADVISERS, LP$8M
- Point72 Asset Management, L.P.$7M
- Freemont Management S.A.$6M
- Lighthouse Investment Partners, LLC$3M
- Kingsview Wealth Management, LLC$3M
Largest adds
- Qube Research & Technologies Ltd$36M
- LOS ANGELES CAPITAL MANAGEMENT LLC$26M
- TWO SIGMA INVESTMENTS, LP$23M
- BASSWOOD CAPITAL MANAGEMENT, L.L.C.$11M
- Woodline Partners LP$9M
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$8M
Largest trims
- BlackRock, Inc.$189M
- FMR LLC$102M
- NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO$38M
- M&T Bank Corp$37M
- NORGES BANK$21M
- PRICE T ROWE ASSOCIATES INC /MD/$20M
Institutional holders
One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| FMR LLC trimmed | 10,458,953 | $444M | 10.3% | 2026-Q1 |
| PRICE T ROWE ASSOCIATES INC /MD/ added | 9,601,899 | $408M | 9.4% | 2026-Q1 |
| ARIEL INVESTMENTS, LLC added | 5,826,289 | $248M | 5.7% | 2026-Q1 |
| VANGUARD CAPITAL MANAGEMENT LLC new | 4,963,089 | $211M | 4.9% | 2026-Q1 |
| VANGUARD PORTFOLIO MANAGEMENT LLC new | 4,953,726 | $210M | 4.9% | 2026-Q1 |
| BlackRock, Inc. trimmed | 4,050,013 | $172M | 4.0% | 2026-Q1 |
| GEODE CAPITAL MANAGEMENT, LLC added | 2,464,913 | $105M | 2.4% | 2026-Q1 |
| Capital Research Global Investors | 2,456,726 | $104M | 2.4% | 2026-Q1 |
| Fisher Asset Management, LLC added | 2,170,845 | $92M | 2.1% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC added | 2,153,927 | $91M | 2.1% | 2026-Q1 |
| DIMENSIONAL FUND ADVISORS LP added | 1,900,615 | $81M | 1.9% | 2026-Q1 |
| STATE STREET CORP trimmed | 1,882,592 | $80M | 1.9% | 2026-Q1 |
| VICTORY CAPITAL MANAGEMENT INC trimmed | 1,793,435 | $76M | 1.8% | 2026-Q1 |
| MORGAN STANLEY trimmed | 1,504,196 | $64M | 1.5% | 2026-Q1 |
| JANUS HENDERSON GROUP PLC added | 1,431,358 | $61M | 1.4% | 2026-Q1 |
| NORGES BANK trimmed | 1,377,011 | $60M | 1.4% | 2026-Q1 |
| Epoch Investment Partners, Inc. trimmed | 1,360,866 | $58M | 1.3% | 2026-Q1 |
| PRINCIPAL FINANCIAL GROUP INC trimmed | 1,267,322 | $54M | 1.2% | 2026-Q1 |
| VOYA INVESTMENT MANAGEMENT LLC trimmed | 1,255,880 | $53M | 1.2% | 2026-Q1 |
| Invesco Ltd. added | 1,212,958 | $52M | 1.2% | 2026-Q1 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 1,078,098 | $46M | 1.1% | 2026-Q1 |
| ROYCE & ASSOCIATES LP added | 974,986 | $41M | 1.0% | 2026-Q1 |
| Qube Research & Technologies Ltd added | 951,858 | $40M | 0.9% | 2026-Q1 |
| TWO SIGMA INVESTMENTS, LP added | 949,441 | $40M | 0.9% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC added | 939,892 | $40M | 0.9% | 2026-Q1 |
| VANGUARD FIDUCIARY TRUST CO new | 702,542 | $30M | 0.7% | 2026-Q1 |
| LOS ANGELES CAPITAL MANAGEMENT LLC added | 675,280 | $29M | 0.7% | 2026-Q1 |
| NORTHERN TRUST CORP added | 588,404 | $25M | 0.6% | 2026-Q1 |
| BASSWOOD CAPITAL MANAGEMENT, L.L.C. added | 584,388 | $25M | 0.6% | 2026-Q1 |
| Ranger Investment Management, L.P. trimmed | 577,662 | $25M | 0.6% | 2026-Q1 |
| Woodline Partners LP added | 562,537 | $24M | 0.6% | 2026-Q1 |
| FEDERATED HERMES, INC. trimmed | 498,212 | $21M | 0.5% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 483,819 | $21M | 0.5% | 2026-Q1 |
| Bank of New York Mellon Corp trimmed | 477,912 | $20M | 0.5% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ added | 448,446 | $19M | 0.4% | 2026-Q1 |
| ROYAL BANK OF CANADA trimmed | 441,801 | $19M | 0.4% | 2026-Q1 |
| ALGEBRIS (UK) LTD trimmed | 427,077 | $18M | 0.4% | 2026-Q1 |
| UBS Group AG added | 395,447 | $17M | 0.4% | 2026-Q1 |
| CRAWFORD INVESTMENT COUNSEL INC added | 385,702 | $16M | 0.4% | 2026-Q1 |
| AQR CAPITAL MANAGEMENT LLC added | 366,950 | $16M | 0.4% | 2026-Q1 |
| Squarepoint Ops LLC added | 348,234 | $15M | 0.3% | 2026-Q1 |
| CITADEL ADVISORS LLC trimmed | 345,251 | $15M | 0.3% | 2026-Q1 |
| MetLife Investment Management, LLC added | 344,313 | $15M | 0.3% | 2026-Q1 |
| Allspring Global Investments Holdings, LLC added | 335,445 | $14M | 0.3% | 2026-Q1 |
| CITIGROUP INC trimmed | 323,971 | $14M | 0.3% | 2026-Q1 |
| Callodine Capital Management, LP new | 308,420 | $13M | 0.3% | 2026-Q1 |
| JPMORGAN CHASE & CO added | 315,105 | $13M | 0.3% | 2026-Q1 |
| GW HENSSLER & ASSOCIATES LTD added | 295,243 | $13M | 0.3% | 2026-Q1 |
| JANE STREET GROUP, LLC added | 286,595 | $12M | 0.3% | 2026-Q1 |
| State of Alaska, Department of Revenue added | 281,368 | $12M | 0.3% | 2026-Q1 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC added | 267,967 | $11M | 0.3% | 2026-Q1 |
| Penn Capital Management Company, LLC added | 264,864 | $11M | 0.3% | 2026-Q1 |
| ExodusPoint Capital Management, LP added | 263,959 | $11M | 0.3% | 2026-Q1 |
| Invenomic Capital Management LP trimmed | 256,750 | $11M | 0.3% | 2026-Q1 |
| BOKF, NA added | 244,129 | $10M | 0.2% | 2026-Q1 |
| NEW YORK STATE COMMON RETIREMENT FUND trimmed | 224,430 | $10M | 0.2% | 2026-Q1 |
| FIRST TRUST ADVISORS LP trimmed | 222,747 | $9M | 0.2% | 2026-Q1 |
| Swedbank AB | 207,000 | $9M | 0.2% | 2026-Q1 |
| California Public Employees Retirement System added | 203,468 | $9M | 0.2% | 2026-Q1 |
| Russell Investments Group, Ltd. added | 200,991 | $9M | 0.2% | 2026-Q1 |
| Crestwood Advisors Group, LLC added | 199,155 | $8M | 0.2% | 2026-Q1 |
| AMICA MUTUAL INSURANCE CO added | 192,555 | $8M | 0.2% | 2026-Q1 |
| SEI INVESTMENTS CO added | 192,394 | $8M | 0.2% | 2026-Q1 |
| Buck Wealth Strategies, LLC added | 189,103 | $8M | 0.2% | 2026-Q1 |
| Swiss National Bank added | 187,700 | $8M | 0.2% | 2026-Q1 |
| Purpose Unlimited Inc. added | 183,755 | $8M | 0.2% | 2026-Q1 |
| ALGERT GLOBAL LLC added | 181,790 | $8M | 0.2% | 2026-Q1 |
| Susquehanna Portfolio Strategies, LLC trimmed | 181,477 | $8M | 0.2% | 2026-Q1 |
| Nuveen, LLC trimmed | 171,243 | $7M | 0.2% | 2026-Q1 |
| TD Asset Management Inc trimmed | 167,286 | $7M | 0.2% | 2026-Q1 |
| Amundi added | 155,224 | $7M | 0.2% | 2026-Q1 |
| CAPITAL FUND MANAGEMENT S.A. added | 142,057 | $6M | 0.1% | 2026-Q1 |
| STIFEL FINANCIAL CORP added | 140,313 | $6M | 0.1% | 2026-Q1 |
| MILLENNIUM MANAGEMENT LLC added | 138,381 | $6M | 0.1% | 2026-Q1 |
| DARK FOREST CAPITAL MANAGEMENT LP trimmed | 133,357 | $6M | 0.1% | 2026-Q1 |
| Prana Capital Management, LP added | 132,030 | $6M | 0.1% | 2026-Q1 |
| CAMBIAR INVESTORS LLC trimmed | 120,864 | $5M | 0.1% | 2026-Q1 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM added | 112,209 | $5M | 0.1% | 2026-Q1 |
| AMERICAN CENTURY COMPANIES INC added | 109,059 | $5M | 0.1% | 2026-Q1 |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM | 106,249 | $5M | 0.1% | 2026-Q1 |
| BARCLAYS PLC added | 101,871 | $4M | 0.1% | 2026-Q1 |
| STATE OF WISCONSIN INVESTMENT BOARD trimmed | 101,551 | $4M | 0.1% | 2026-Q1 |
| Focus Partners Wealth trimmed | 100,726 | $4M | 0.1% | 2026-Q1 |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. trimmed | 90,645 | $4M | 0.1% | 2026-Q1 |
| VANGUARD ASSET MANAGEMENT, Ltd new | 87,239 | $4M | 0.1% | 2026-Q1 |
| RHUMBLINE ADVISERS trimmed | 84,630 | $4M | 0.1% | 2026-Q1 |
| Legal & General Group Plc trimmed | 82,677 | $4M | 0.1% | 2026-Q1 |
| ALPS ADVISORS INC trimmed | 80,444 | $3M | 0.1% | 2026-Q1 |
| Edgestream Partners, L.P. added | 79,856 | $3M | 0.1% | 2026-Q1 |
| CREDIT AGRICOLE S A | 77,517 | $3M | 0.1% | 2026-Q1 |
| VANGUARD GROUP INC trimmed | 10,999,707 | $534M | 12.4% | 2025-Q4 stale |
| BALYASNY ASSET MANAGEMENT L.P. added | 714,977 | $34M | 0.8% | 2025-Q2 stale |
| No Street GP LP trimmed | 550,000 | $26M | 0.6% | 2025-Q2 stale |
| Alyeska Investment Group, L.P. added | 344,843 | $18M | 0.4% | 2025-Q3 stale |
| O'Keefe Stevens Advisory, Inc. added | 218,890 | $11M | 0.2% | 2025-Q2 stale |
| MACQUARIE GROUP LTD trimmed | 183,520 | $10M | 0.2% | 2025-Q3 stale |
| TWO SIGMA ADVISERS, LP added | 155,000 | $8M | 0.2% | 2025-Q4 stale |
| SOROS FUND MANAGEMENT LLC trimmed | 124,750 | $7M | 0.2% | 2025-Q3 stale |
| Point72 Asset Management, L.P. added | 134,480 | $7M | 0.2% | 2025-Q4 stale |
| Freemont Management S.A. added | 116,205 | $6M | 0.1% | 2025-Q4 stale |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.