Fund Holdings

Lazard Freres Gestion S.A.S.

Filing Period:
Securities
SharesValue ($K)
Q4 2025
Q1 2026
Change
Q4 2025
Q1 2026
Weight (%)
Change
MICROSOFT/MS(MSFT)01,060,361+1,060,3610392,5137.74%+392,513
MERCK & CO INC(MRK)01,132,358+1,132,3580136,2112.69%+136,211
SPDR S&P 500(SPY)071,053+71,053046,2080.91%+46,208
COSTCO WHOLE(COST)115,633120,863+5,23099,714120,4312.37%+20,717
APPLIED MATLS I512,245444,031-68,214131,641151,7652.99%+20,124
MOTOROLA SOL(MSI)439,646430,891-8,755168,525186,9933.69%+18,468
CHEVRON CORP/U(CVX)254,176253,459-71738,73852,4401.03%+13,702
BOSTON SCIENT/U(BSX)0217,486+217,486013,6470.27%+13,647
WATERS CORP(WAT)038,583+38,583011,4900.23%+11,490
T-MOBIL US INC(TMUS)170,514218,171+47,65734,62145,8220.90%+11,201
MONDELEZ INTL/U(MDLZ)704,472825,155+120,68337,92147,5610.94%+9,640
HONEYWELL INTL(HON)239,534240,815+1,28146,73054,4311.07%+7,701
RAYTHEON TECH(RTX)1,052,8821,032,534-20,348193,098199,1753.93%+6,077
KLA CORP(KLAC)44,70540,174-4,53154,32059,1521.17%+4,832
COLGATE PALMO/U(CL)776,697766,769-9,92861,37465,3511.29%+3,977
PARKER HANNIFIN(PH)122,273122,356+83107,473109,5372.16%+2,064
CADENCE DES/U(CDNS)06,820+6,82001,8950.04%+1,895
SPOTIFY TECHNOL(SPOT)32,57042,220+9,65018,91320,4720.40%+1,559
INV S&P500 EQW
S&P500 EQL WGT
07,400+7,40001,4200.03%+1,420
WASTE MANAGEM/U(WM)06,166+6,16601,4160.03%+1,416
ISHR EXP TECH07,110+7,11008420.02%+842
DATADOG INC CL(DDOG)11,31018,310+7,0001,5382,1610.04%+623
ANALOG DEVICES(ADI)01,844+1,84405860.01%+586
iSHR CORE S&P/U04,602+4,60205720.01%+572
GOLDMAN SACHS(GS)284931+6472497870.02%+538
DANAHER CORP DE(DHR)02,599+2,59904920.01%+492
ARM HOLDINGS PLC13,00012,340-6601,4211,8660.04%+445
MCDONALDS CORP(MCD)01,391+1,39104320.01%+432
NORDSON CORP CO(NDSN)01,600+1,60004250.01%+425
QUANTA SERVICES3,0703,07001,2951,6850.03%+390
MARSH & MCLENNA(MRSH)02,177+2,17703770.01%+377
NEXTRACKER INC-CL10,85010,85009451,3070.03%+362
EXXON MOBIL/U5,1505,535+3856199390.02%+320
CBRE GROUP INC(CBRE)02,340+2,34003160.01%+316
Jacobs Solutions Inc(J)02,465+2,46503130.01%+313
BLACKSTONE INC(BX)02,702+2,70203100.01%+310
JOHNSON CTRL IN
SHS
14,07514,785+7101,6851,9360.04%+251
INTEL CORP(INTC)05,433+5,43302390.00%+239
CATERPILLAR INC(CAT)0330+33002330.00%+233
NEWMONT GOLDCO(NEM)02,000+2,00002160.00%+216
BANK OF AMERICA30,31638,339+8,0231,6671,8690.04%+202
VANGUARD RS 200
VNG RUS2000IDX
4,9706,864+1,8944946870.01%+193
ISHR CORE MS EM
CORE MSCI EMKT
3,0005,590+2,5902013890.01%+188
AMERICAN WATER10,16011,050+8901,3251,5030.03%+178
ROSS STORES INC(ROST)314,943262,706-52,23756,73356,9101.12%+177
INVESCO QQQ4,2834,802+5192,6312,7710.05%+140
CLEARWAY-ENERGY(CWEN)19,77019,999+2296577850.02%+128
CBOE GLOBAL(CBOE)4,9404,850-901,2391,3630.03%+124
CLEAN HARBORS(CLH)2,0402,04004785840.01%+106
HILTON WORLD(HLT)5,6305,520-1101,6171,6780.03%+61
PROCTER & GAM/U(PG)50,50050,50007,2377,2940.14%+57
PROLOGIS INC(PLD)18,34018,140-2002,3412,3970.05%+56
COCA COLA CO(KO)8,0008,00005596080.01%+49
PEPSICO INC(PEP)1,6651,66502382580.01%+20
CARRIER GLOBAL(CARR)13,96513,365-6007377520.01%+15
iSHR CORE SP MC9,0509,05005976110.01%+14
CISCO SYS INC(CSCO)2,7802,78002142150.00%+1
JOHN & JOHN COM(JNJ)4,6853,929-7569699600.02%-9
OWENS CORNING(OC)4,8504,85005425240.01%-18
ALIBABA GRP ADR(BABA)1,6251,62502382030.00%-35
STRYKER CORP(SYK)2,0002,00007026570.01%-45
CIGNA GROUP/THE(CI)3,9963,916-801,0991,0440.02%-55
ABBOTT LABS/U2,5002,50003132560.01%-57
BADGER METER IN3,2503,25005664950.01%-71
COTY INC(COTY)64,56458,190-6,3741981160.00%-82
TETRA TECH INC(TTEK)25,83025,83008667770.02%-89
iSHR CORE S&P3,1503,15002,1572,0570.04%-100
TESLA INC(TSLA)1,3101,31005894860.01%-103
INTL BUS MACH(IBM)2,0782,07806155030.01%-112
ORACLE CORP/U(ORCL)2,4002,40004673530.01%-114
CVS HEALTH CORP(CVS)16,07516,07501,2751,1540.02%-121
XYLEM INC(XYL)8,3508,35001,1379970.02%-140
ACUITY BRANDS(AYI)2,0002,00007205600.01%-160
ON HOLDING AG(ONON)12,54011,350-1,1905823860.01%-196
INTEL CORP/U(INTC)5,4330-5,4332000-200
LAZARD INC(LAZ)4,5000-4,5002180-218
FIRST SOLAR INC(FSLR)4,3904,39001,1468650.02%-281
UNIVERSAL DISPL(OLED)3,0000-3,0003500-350
Samsara Inc(IOT)60,00051,170-8,8302,1271,6210.03%-506
iSHR CORE SP SC4,6020-4,6025530-553
TYLER TECHNOLOG(TYL)5,0004,830-1702,2691,6530.03%-616
ADV MICRO DEV I(AMD)20,03017,667-2,3634,2893,5930.07%-696
UBER TECHNOLOGI(UBER)29,00023,120-5,8802,3691,6630.03%-706
PINTEREST INC(PINS)80,00072,660-7,3402,0711,3320.03%-739
NETFLIX INC(NFLX)43,92034,300-9,6204,1173,2970.07%-820
SYNOPSYS INC(SNPS)5,8004,780-1,0202,7241,8950.04%-829
WASTE MGMT INC(WM)3,8420-3,8428440-844
AMER EXPRESS CO(AXP)7,6606,460-1,2002,8331,9540.04%-879
SERVICENOW(NOW)17,90516,825-1,0802,7421,7590.03%-983
VERTEX INC(VERX)110,00094,940-15,0602,1961,1280.02%-1,068
DUOLINGO INC(DUOL)12,00010,230-1,7702,1061,0080.02%-1,098
APPLOVIN CORP(APP)4,3004,090-2102,8971,6270.03%-1,270
HOME DEPOT INC(HD)14,39511,160-3,2354,9533,6700.07%-1,283
MICRON TECHNOLO(MU)12,0005,170-6,8303,4241,7460.03%-1,678
ALPHABET INC C(GOOG)85,72287,473+1,75126,89925,0920.49%-1,807
VERISK ANALYTIC(VRSK)14,0006,830-7,1703,1311,2950.03%-1,836
MARTIN MARIETTA(MLM)81,02981,690+66150,45348,0890.95%-2,364
BALL CORP/U51,5045,115-46,3892,7283020.01%-2,426
CADENCE DESIGN(CDNS)7,8000-7,8002,4380-2,438
ECOLAB INC(ECL)236,685219,570-17,11562,13458,4101.15%-3,724
Page 1 of 2