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Institutional Investment Manager
LAZARD ASSET MANAGEMENT LLC
LAZARD ASSET MANAGEMENT LLC (CIK: 0001207017) incorporated in Delaware, located at 30 Rockefeller Plz, New York, NY. Institutional holdings reported to the SEC.

Institutional Holdings (2014Q2)
Portfolio Summary: 989 holdings with a total value of $47,840,898,000.
#
Name
Shares
Value ($)
%
Options
Notes
951 NORFOLK SOUTHERN CORP 3,057,985 315,064,000 0.66%
952 ORACLE CORP 7,851,983 318,239,000 0.67%
953 COMPANHIA ENERGETICA DE MINA 45,893,749 366,690,000 0.77%
954 MONSANTO CO NEW 2,949,268 367,890,000 0.77%
955 BAXTER INTL INC 5,170,918 373,856,000 0.78%
956 HONEYWELL INTL INC 4,233,842 393,534,000 0.82%
957 LILLY ELI & CO 6,434,958 400,060,000 0.84%
958 AMERICAN EXPRESS CO 4,237,512 402,011,000 0.84%
959 CITIGROUPINC 8,653,427 407,576,000 0.85%
960 SPDR S&P 500 ETF TR 2,104,560 411,904,000 0.86%
961 VALE S A 31,436,688 415,907,000 0.87%
962 PG&E CORP 8,700,791 417,811,000 0.87%
963 UNITEDHEALTH GROUP INC 5,125,381 418,999,000 0.88%
964 APACHE CORP 4,221,649 424,782,000 0.89%
965 SYSCO CORP 11,676,115 437,268,000 0.91%
966 EASTMAN CHEM CO 5,117,559 447,018,000 0.93%
967 CSX CORP 15,448,379 475,964,000 0.99%
968 MCKESSON CORP 2,588,185 481,945,000 1.01%
969 CHEVRON CORP NEW 3,889,424 507,763,000 1.06%
970 AMBEV SA 74,259,953 522,789,000 1.09%
971 VISA INC 2,512,346 529,375,000 1.11%
972 YPF SOCIEDAD ANONIMA 16,329,265 533,640,000 1.12%
973 MICROSOFT CORP 13,298,945 554,563,000 1.16%
974 MOLSON COORS BREWING CO 8,180,114 606,637,000 1.27%
975 E M C CORP MASS COM 23,315,727 614,135,000 1.28%
976 Philippine Long Dst Adrf 10,257,785 691,169,000 1.44%
977 ADVANCE AUTO PARTS INC 5,328,309 718,894,000 1.50%
978 ZOETIS INC 22,529,823 727,036,000 1.52%
979 TAIWAN SEMICONDUCTOR MFG LTD 34,991,041 748,457,000 1.56%
980 NETEASE INC 9,571,454 750,019,000 1.57%
981 CISCO SYS INC 30,690,326 762,652,000 1.59%
982 TEVA PHARMACEUTICAL INDS LTD 15,283,002 801,133,000 1.67%
983 PFIZER INC 27,794,742 824,947,000 1.72%
984 CHINA MOBILE LIMITED 17,274,679 839,721,000 1.76%
985 VIACOM INC NEW 9,689,296 840,351,000 1.76%
986 P T TELEKOMUNIKASI INDONESIA 20,701,589 862,427,000 1.80%
987 APPLE INC 9,727,761 903,999,000 1.89%
988 BAIDU INC 4,907,001 916,676,000 1.92%
989 MOBILE TELESYSTEMS PJSC 49,912,315 985,267,000 2.06%
Page 20 of 20

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001207017-14-000058, filed 2014.08.12).

From 2023-01-03 onward, the SEC requires values to be reported in nearest dollars. Earlier filings reported values in thousands; therefore, positions shown as $0 in older filings may represent actual values between $0–$999.