LAZARD ASSET MANAGEMENT LLC

CIK

1207017

City

NEW YORK

State / Country

Stock

PDD — PDD Holdings Inc.

Top Portfolio Positions

1,544 positions · $53,015,579,764 total · as of Mar 31, 2026

Ticker	Company	Shares	Value (USD)	% of Portfolio
NVDA	Nvidia Corp Technology	10,321,287	$1,800,032,452	3.40%
AMZN	Amazon Com Inc Consumer Cyclical	7,712,017	$1,606,181,779	3.03%
EXC	Exelon Corp Utilities	24,620,304	$1,206,887,302	2.28%
CCI	Crown Castle Inc. Real Estate	13,463,182	$1,094,691,328	2.06%
GOOGL	Alphabet Inc. Communication Services	3,509,020	$1,009,053,790	1.90%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	2,949,128	$996,657,807	1.88%
CNI	Canadian National Railway Co Industrials	9,077,518	$932,896,524	1.76%
FER	Ferrovial N.V. Industrials	12,965,547	$843,408,832	1.59%
AVGO	Broadcom Inc. Technology	2,721,809	$842,427,102	1.59%
ED	Consolidated Edison Inc Utilities	7,075,838	$800,843,344	1.51%

41 quarters · across all stocks

Compact Export CSV

25 of 25 shown

Report Date	Value (USD)	Shares	Change	Type	Discretion	Filed
2026-03-31	$82,194,715	804,411	+2.5%	Shares	Sole	2026-05-15
2025-12-31	$88,999,583	784,898	+9.3%	Shares	Sole	2026-02-17
2025-09-30	$94,892,243	717,956	+10.4%	Shares	Sole	2025-11-14
2025-06-30	$68,044,802	650,151	-10.8%	Shares	Sole	2025-08-14
2025-03-31	$86,271,941	728,956	+0.3%	Shares	Sole	2025-05-15
2024-12-31	$70,523,755	727,124	-1.4%	Shares	Sole	2025-02-14
2024-09-30	$99,374,921	737,148	+12.1%	Shares	Sole	2024-11-14
2024-06-30	$87,395,612	657,357	+20.0%	Shares	Sole	2024-08-14
2024-03-31	$63,691,166	547,881	-1.0%	Shares	Sole	2024-07-09
2023-12-31	$81,000,142	553,620	+8.2%	Shares	Sole	2024-02-14
2023-09-30	$50,172,709	511,601	+24.5%	Shares	Sole	2023-11-14
2023-06-30	$28,416,193	410,995	+109.2%	Shares	Sole	2023-08-15
2023-03-31	$14,910,555	196,450	-46.0%	Shares	Sole	2023-05-15
2022-12-31	$29,687,950	364,046	+5.2%	Shares	Sole	2023-02-15
2022-09-30	$21,665,570	346,206	+31.1%	Shares	Sole	2022-11-14
2022-06-30	$16,322,615	264,120	+71.6%	Shares	Sole	2022-08-09
2022-03-31	$6,174,291	153,934	-11.4%	Shares	Sole	2022-05-13
2021-12-31	$10,124,203	173,657	-8.6%	Shares	Sole	2022-02-09
2021-09-30	$17,218,867	189,907	+12.3%	Shares	Sole	2021-11-15
2021-06-30	$21,488,989	169,178	+61.1%	Shares	Sole	2021-08-12
2021-03-31	$14,057,801	105,003	+9.6%	Shares	Sole	2021-05-14
2020-12-31	$17,016,344	95,775	+24.5%	Shares	Sole	2021-02-11
2020-09-30	$5,704,581	76,933	+503.8%	Shares	Sole	2020-11-13
2020-06-30	$1,093,687	12,741	+233.9%	Shares	Sole	2020-08-13
2020-03-31	$137,490	3,816	—	Shares	Sole	2020-05-14
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