Chuck Royce acquired 975k Lazard shares worth $47.3M. That's 0.41% of their equity portfolio (60th largest holding). The investor owns 1.02% of the outstanding Lazard stock. The first Lazard trade was made in Q1 2013. Since then Chuck Royce bought shares eighteen more times and sold shares on 34 occasions. The stake costed the investor $35M, netting the investor a gain of 35% so far.