Lazard Freres Gestion S.A.S. reported 105 positions worth $5.85B for the quarter ended Sep 30, 2026, up 2.7% on the prior quarter. It opened 2 new positions, added to 28, trimmed 36 and exited 0. Its largest holding is Microsoft Corp at 9.8% of the portfolio.
Reported 13F market value at each quarter end. A change mixes trading with price moves in the positions held.
Dollar value of shares bought and sold each quarter, at that quarter’s price. It counts trading only, not price changes.
How many positions were opened, added to, trimmed or closed each quarter.
Share of reported value in each sector at every quarter end.
| Holding | Change | Change % | Trade Value | Weight |
|---|---|---|---|---|
| META Meta Platforms, Inc. | +15.7K | +5.4% | $11.37M | 3.82% |
| GOOGL Alphabet Inc. | +33.0K | +2.4% | $11.35M | 8.28% |
| MAR Marriott International Inc | +20.3K | +12.9% | $7.24M | 1.08% |
| COST Costco Wholesale Corp | +7,771 | +6.4% | $7.07M | 2% |
| MDT Medtronic plc | +66.8K | +4.3% | $5.77M | 2.42% |
| OTIS Otis Worldwide Corp | +85.2K | +6.0% | $5.48M | 1.65% |
| APH Amphenol Corp | +52.5K | +3.5% | $4.43M | 2.26% |
| AVGO Broadcom Inc. | +12.3K | +4.0% | $4.31M | 1.91% |
| CVX Chevron Corp | +16.5K | +6.4% | $3.37M | 0.959% |
| SPGI S&P Global Inc. | +8,489 | +3.6% | $3.35M | 1.66% |
| Holding | Change | Change % | Trade Value | Weight |
|---|---|---|---|---|
| AMAT Applied Materials Inc | -82.4K | -22.6% | $42.12M | 2.46% |
| MSFT Microsoft Corp | -46.7K | -4.0% | $23.97M | 9.82% |
| ACN Accenture plc | -120.6K | -27.4% | $22.12M | 1% |
| MRK Merck & Co., Inc. | -100.0K | -8.7% | $14.53M | 2.61% |
| V Visa Inc. | -25.0K | -3.2% | $8.99M | 4.59% |
| SW Smurfit Westrock plc | -163.7K | -26.9% | $7.22M | 0.336% |
| NVDA Nvidia Corp | -31.6K | -1.6% | $7.21M | 7.36% |
| AMZN Amazon Com Inc | -28.0K | -1.7% | $6.97M | 6.83% |
| GOOG Alphabet Inc. | -18.8K | -21.6% | $6.40M | 0.396% |
| MTD Mettler Toledo International Inc/ | -3,708 | -10.5% | $5.60M | 0.816% |
No positions were closed this quarter.
| # | Activity | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| 1 | MSFT Microsoft Corp | Technology | 1.12M | $574.51M | 9.82% | -46.7K | -4.0% | Reduced | 0.02% |
| 2 | GOOGL Alphabet Inc. | Technology | 1.41M | $484.51M | 8.28% | +33.0K | +2.4% | Added | 0.02% |
| 3 | AAPL Apple Inc. | Technology | 1.34M | $447.69M | 7.65% | -11.5K | -0.8% | Reduced | 0.01% |
| 4 | NVDA Nvidia Corp | Technology | 1.88M | $430.44M | 7.36% | -31.6K | -1.6% | Reduced | 0.01% |
| 5 | AMZN Amazon Com Inc | Consumer Discretionary | 1.60M | $399.50M | 6.83% | -28.0K | -1.7% | Reduced | 0.01% |
| 6 | V Visa Inc. | Financial Services | 746.9K | $268.37M | 4.59% | -25.0K | -3.2% | Reduced | 0.04% |
| 7 | META Meta Platforms, Inc. | Technology | 308.1K | $223.40M | 3.82% | +15.7K | +5.4% | Added | 0.01% |
| 8 | MSI Motorola Solutions, Inc. | Industrials | 446.7K | $199.23M | 3.41% | +1,656 | +0.4% | Added | 0.27% |
| 9 | RTX RTX Corp | Industrials | 1.07M | $198.87M | 3.4% | -11.4K | -1.1% | Reduced | 0.08% |
| 10 | MRK Merck & Co., Inc. | Healthcare | 1.05M | $152.47M | 2.61% | -100.0K | -8.7% | Reduced | 0.04% |
| 11 | AMAT Applied Materials Inc | Technology | 281.5K | $143.96M | 2.46% | -82.4K | -22.6% | Reduced | 0.04% |
| 12 | MDT Medtronic plc | Healthcare | 1.64M | $141.31M | 2.42% | +66.8K | +4.3% | Added | 0.13% |
| 13 | PH Parker-Hannifin Corp | Industrials | 141.3K | $135.03M | 2.31% | -479 | -0.3% | Reduced | 0.11% |
| 14 | APH Amphenol Corp | Industrials | 1.57M | $132.29M | 2.26% | +52.5K | +3.5% | Added | 0.06% |
| 15 | COST Costco Wholesale Corp | Consumer Staples | 128.6K | $117.11M | 2% | +7,771 | +6.4% | Added | 0.03% |
Tip. Select a row to see that position’s full history at Lazard Freres Gestion S.A.S.
As of its Q3 2026 13F filing, Lazard Freres Gestion S.A.S.’s five largest positions were Microsoft Corp (MSFT) at 9.8%, Alphabet Inc. (GOOGL) at 8.3%, Apple Inc. (AAPL) at 7.7%, Nvidia Corp (NVDA) at 7.4%, Amazon Com Inc (AMZN) at 6.8% of the reported portfolio.
Lazard Freres Gestion S.A.S. reported a 13F portfolio worth $5.85B across 105 positions for Q3 2026. That is up 2.7% from the previous quarter.
Its largest purchases by value were Meta Platforms, Inc. ($11.37M), Alphabet Inc. ($11.35M), Marriott International Inc ($7.24M). It opened 2 new positions.
Its largest sales by value were Applied Materials Inc ($42.12M), Microsoft Corp ($23.97M), Accenture plc ($22.12M). It exited 0 positions entirely.
From the Form 13F-HR reports Lazard Freres Gestion S.A.S. files with the SEC each quarter, within 45 days of quarter end. A 13F lists long positions in US-listed equities and options; it excludes short positions, cash, bonds and most non-US holdings.
13F data reflects long positions in US-listed equities and options as reported to the SEC up to 45 days after quarter end. It excludes short positions, cash, bonds and most non-US securities, so it is not a complete picture of a manager’s assets.