SEC 13F Intelligence

Managers / Q1 2022 · view latest →

Lazard Freres Gestion S.A.S.

CIK 0001426748 · 25 RUE DE COURCELLES, PARIS, I0, 75008 · 0144130421

Reported Value
$3.3B
Q1 2022
Positions
70
Filings on Record
22
2021–present window
Filed
May 10, 2022
original filing

Summary

Lazard Freres Gestion S.a.s. reported $3.3B in U.S.-listed holdings across 70 positions for Q1 2022.

Its largest position, MSFT, represents 8.0% of the portfolio.

Compared with Q4 2021, the fund opened 6 new positions and exited 1.

Portfolio Metrics

Turnover
+6.9%
vs prior filed quarter
Top-10 Concentration
+50.8%
share of reported value
Largest Position
+8.0%
Microsoft Ms
New / Exited
6 / 1
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’20: $3.1BQ4 ’20Q1 ’21: $2.9BQ2 ’21: $3.1BQ3 ’21: $3.6BQ3 ’21Q4 ’21: $3.7BQ1 ’22: $3.3BQ2 ’22: $2.8BQ2 ’22Q3 ’22: $2.6BQ4 ’22: $2.8BQ1 ’23: $2.7BQ1 ’23Q2 ’23: $3.3BQ3 ’23: $3.1BQ4 ’23: $3.5BQ4 ’23Q1 ’24: $4.0BQ2 ’24: $4.3BQ3 ’24: $4.7BQ3 ’24Q4 ’24: $5.0BQ1 ’25: $4.1BQ2 ’25: $4.8BQ2 ’25Q3 ’25: $5.3BQ4 ’25: $5.6BQ1 ’26: $5.1BQ1 ’26filingsflow.com

Portfolio Composition

By security type
Common Stock: 99.5%ETP: 0.5%ADR: 0.0%
  • Common Stock · 99.5% · $3.3B
  • ETP · 0.5% · $17M
  • ADR · 0.0% · $698,000

Quarter-over-Quarter Changes full breakdown →

vs Q4 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
OTISOTIS WORLDWIDENEW+1.33M1.33M+$100M$100M
TMUST-MOBIL US INCNEW+207.4K207.4K+$25M$25M
NKENIKE INC CL BNEW+98.9K98.9K+$12M$12M
KOCOCA COLA CONEW+10.4K10.4K+$649,000$649,000
INTCINTEL CORP/UNEW+4.3K4.3K+$221,000$221,000
LLYLILLY ELI & CONEW+695695+$201,000$201,000
ADBEADOBE INCADDED+68.8K70.0K+$29M$30M
JPMJPMORGAN CHASESOLD OUT−5.6K0−$428,000$0

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q1 2022

70 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MSFTMICROSOFT/MShistory →Microsoft Corp CFD MS8.02%$266M897.8K
2AMZNAMAZON.COM INChistory →AMAZON.COM INC7.21%$239M75.5K
3GOOGLALPHABET INC Ahistory →ALPHABET INC-CL A6.13%$203M77.2K
4VVISA INChistory →VISA INC-CLASS A SHARES4.93%$164M772.7K
5CVXCHEVRON CORP/Uhistory →Chevron Corp4.58%$152M958.1K
6ACNACCENTURE PLChistory →ACCENTURE PLC-CL A4.43%$147M452.3K
7BDXBECTON DICKIN/Uhistory →Becton Dickinson & Co4.24%$141M545.5K
8MRKMERCK & CO/Uhistory →Merck & Co Inc4.18%$139M1.75M
9RTXRAYTHEON TECHhistory →RAYTHEON TECHNOLOGIES CORP3.81%$127M1.33M
10GOOGALPHABET INC Chistory →ALPHABET INC-CL C3.30%$110M39.2K
11OTISOTIS WORLDWIDEhistory →OTIS WORLDWIDE CORP3.01%$100M1.33M
12ELESTEE LAUDERhistory →ESTEE LAUDER COMPANIES-CL A2.78%$92M348.1K
13PHPARKER HANNIFINhistory →PARKER HANNIFIN CORP2.75%$91M336.0K
14ZTSZOETIS INChistory →ZOETIS INC2.33%$78M421.8K
15BALLBALL CORP/Uhistory →Ball Corp2.14%$71M831.5K
16MSIMOTOROLA SOLhistory →MOTOROLA SOLUTIONS INC2.11%$70M314.9K
17BACBANK OF AMERICAhistory →BANK OF AMERICA CORP1.92%$64M1.67M
18MDTMEDTRONIC PLChistory →MEDTRONIC PLC1.78%$59M570.3K
19ICEINTERCONTINENhistory →INTERCONTINENTAL EXCHANGE IN1.78%$59M477.0K
20EOGEOG RESOURCES/Uhistory →EOG Resources Inc1.75%$58M517.7K
21TXNTEXAS INSTR/Uhistory →Texas Instruments Inc1.70%$57M338.7K
22COSTCOSTCO WHOLEhistory →COSTCO WHOLESALE CORP1.64%$54M100.4K
23MSMORGAN STANLEYhistory →MORGAN STANLEY1.57%$52M643.5K
24HONHONEYWELL INTLhistory →HONEYWELL INTERNATIONAL INC1.57%$52M285.2K
25APHAMPHENOL CORPhistory →AMPHENOL CORP-CL A1.42%$47M662.0K
26WFCWELLS FARGO COhistory →WELLS FARGO & CO1.41%$47M1.03M
27HDHOME DEPOT INChistory →HOME DEPOT INC1.39%$46M153.9K
28JNJJOHN & JOHN COMhistory →JOHNSON & JOHNSON1.35%$45M253.6K
29ROSTROSS STORES INChistory →ROSS STORES INC1.32%$44M520.6K
30DISWALT DISNEY COhistory →WALT DISNEY CO/THE1.27%$42M331.6K
31PGPROCTER & GAM/Uhistory →Procter & Gamble Co1.19%$39M258.2K
32ECLECOLAB INChistory →ECOLAB INC1.19%$39M235.6K
33CSCOCISCO SYS INChistory →CISCO SYSTEMS INC1.15%$38M761.6K
34PEPPEPSICO INChistory →PEPSICO INC1.01%$33M211.6K
35MDLZMONDELEZ INTL/Uhistory →Mondelez International Inc0.94%$31M535.5K
36ADBEADOBE INChistory →ADOBE INC0.90%$30M70.0K
37AAPLAPPLE INC/Uhistory →Apple Inc0.83%$28M156.5K
38CVSCVS HEALTH CORPhistory →CVS HEALTH CORP0.80%$26M278.0K
39TMUST-MOBIL US INChistory →T-MOBILE US INC0.75%$25M207.4K
40CLCOLGATE PALMO/Uhistory →Colgate Palmolive Co0.69%$23M322.9K
41BRK/BBERKSHR HAT B/Uhistory →Berkshire Hathaway Inc Cl B0.54%$18M50.7K
42SPYSPDR S&P 500history →SPDR S&P 500 ETF TRUST0.51%$17M37.1K
43NKENIKE INC CL Bhistory →NIKE INC -CL B0.38%$12M98.9K
44BRK/ABERKSHIRE-HAT ABERKSHIRE HATHAWAY INC-CL A0.22%$7M14
45MMM3M CO/U3M Co0.21%$7M47.3K
46CRMSALESFORCE INCSALESFORCE INC0.13%$4M20.2K
47SCHWSCHWAB CHARLESSCHWAB (CHARLES) CORP0.11%$4M41.6K
48UNHUNITEDHEALTH GRUNITEDHEALTH GROUP INC0.10%$3M6.5K
49IPGPIPG PHOTONICSIPG PHOTONICS CORP0.08%$3M23.6K
50BWABORG-WARNER INCBORGWARNER INC0.08%$3M66.1K
51AXPAMER EXPRESS COAMERICAN EXPRESS CO0.05%$2M8.7K
52CARRCARRIER GLOBALCARRIER GLOBAL CORP0.04%$1M30.8K
53NEMNEWMONT GOLDCONEWMONT CORP0.04%$1M18.0K
54ABXBARRICK GOLD COBARRICK GOLD CORP0.03%$993,00040.5K
55JMIAJUMIA TECHN-ADRJUMIA TECHNOLOGIES AG-ADR0.02%$698,00072.9K
56TSLATESLA INCTESLA INC0.02%$679,000623
57KOCOCA COLA COCOCA-COLA CO/THE0.02%$649,00010.4K
58SYKSTRYKER CORPSTRYKER CORP0.02%$534,0002.0K
59SLBSCHLUMBERGER LTSCHLUMBERGER LTD0.01%$457,00011.1K
60NVDANVIDIA CORPNVIDIA CORP0.01%$452,0001.6K
61PFEPFIZER INCPFIZER INC0.01%$323,0006.3K
62NFLXNETFLIX INCNETFLIX INC0.01%$315,000828
63EXMOCEXXON MOBIL/UExxon Mobil Corp0.01%$313,0003.7K
64ABTABBOTT LABS/UAbbott Laboratories0.01%$296,0002.5K
65METAFACEBOOK INC/UFacebook Inc - A - Unmanaged0.01%$269,0001.2K
66INTCINTEL CORP/UIntel Corp0.01%$221,0004.3K
67QQQINVESCO QQQINVESCO QQQ TRUST SERIES 10.01%$208,000575
68NEENEXTERA ENERGYNEXTERA ENERGY INC0.01%$203,0002.4K
69LLYLILLY ELI & COELI LILLY & CO0.01%$201,000695
70ORCLORACLE CORP/UOracle Corp0.01%$200,0002.4K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$5.1B123May 7, 202613F-HRchanges · EDGAR ↗
Q4 2025$5.6B112Feb 6, 202613F-HRchanges · EDGAR ↗
Q3 2025$5.3B112Oct 21, 202513F-HRchanges · EDGAR ↗
Q2 2025$4.8B110Jul 31, 202513F-HRchanges · EDGAR ↗
Q1 2025$4.1B103May 7, 202513F-HRchanges · EDGAR ↗
Q4 2024$5.0B101Feb 10, 202513F-HRchanges · EDGAR ↗
Q3 2024$4.7B97Nov 13, 202413F-HRchanges · EDGAR ↗
Q2 2024$4.3B93Jul 29, 202413F-HRchanges · EDGAR ↗
Q1 2024$4.0B77May 10, 202413F-HRchanges · EDGAR ↗
Q4 2023$3.5B78Feb 8, 202413F-HRchanges · EDGAR ↗
Q3 2023$3.1B79Nov 9, 202313F-HRchanges · EDGAR ↗
Q2 2023$3.3B79Aug 10, 202313F-HRchanges · EDGAR ↗
Q1 2023$2.7B78May 9, 202313F-HRchanges · EDGAR ↗
Q4 2022$2.8B74Feb 8, 202313F-HRchanges · EDGAR ↗
Q3 2022$2.6B74Nov 10, 202213F-HRchanges · EDGAR ↗
Q2 2022$2.8B65Jul 28, 202213F-HRchanges · EDGAR ↗
Q1 2022$3.3B70May 10, 202213F-HRchanges · EDGAR ↗
Q4 2021$3.7B68Jan 20, 202213F-HRchanges · EDGAR ↗
Q3 2021$3.6B69Nov 4, 202113F-HRchanges · EDGAR ↗
Q2 2021$3.1B68Aug 3, 202113F-HRchanges · EDGAR ↗
Q1 2021$2.9B86May 5, 202113F-HRchanges · EDGAR ↗
Q4 2020$3.1B87Feb 17, 202113F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.