LAZARD FRERES GESTION S.A.S.

PrivateCIK: 1426748

Location

PARIS, I0

123

Positions

$5.07M

Total AUM (reported)

25.92M

Total Shares

Allocation by class

MICROSOFT CORP CFD MS$392.5K7.7%

ALPHABET INC-CL A$370.3K7.3%

AMAZON.COM INC$333.8K6.6%

APPLE INC$318.8K6.3%

NVIDIA CORP$254.7K5.0%

VISA INC-CLASS A SHARES$225.4K4.4%

RTX CORP$199.2K3.9%

Portfolio Concentration

Top 3$1.10M21.6%

4–10$1.47M29.1%

11–25$1.43M28.2%

Rest$1.07M21.1%

Top 3 weight

21.6%

Top 10 weight

50.7%

Voting Authority Distribution

Total shares with voting rights: 25.92M

Sole

Full voting authority

17.28M

% of voting shares66.7%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

8.64M

% of voting shares33.3%

Investment Discretion (by position count)

Sole0

Shared0

Other123

Dominant voting typeSole · 66.7% of voting shares

Institutional Holdings123

Rows:

MICROSOFT/MS

OTR

Microsoft Corp CFD MS

Shares1.06M

TypeSH

Market value$392.5K

7.74%

Sole

734.71K

Shared

0.00

None

325.66K

ALPHABET INC A

OTR

ALPHABET INC-CL A

Shares1.29M

TypeSH

Market value$370.3K

7.30%

Sole

892.29K

Shared

0.00

None

395.52K

AMAZON.COM INC

OTR

AMAZON.COM INC

Shares1.60M

TypeSH

Market value$333.8K

6.58%

Sole

1.04M

Shared

0.00

None

561.02K

APPLE INC/U

OTR

Apple Inc

Shares1.26M

TypeSH

Market value$318.8K

6.29%

Sole

827.02K

Shared

0.00

None

428.99K

NVIDIA CORP

OTR

NVIDIA CORP

Shares1.46M

TypeSH

Market value$254.7K

5.02%

Sole

1.38M

Shared

0.00

None

77.72K

VISA INC

OTR

VISA INC-CLASS A SHARES

Shares745.68K

TypeSH

Market value$225.4K

4.44%

Sole

412.12K

Shared

0.00

None

333.56K

RAYTHEON TECH

OTR

RTX CORP

Shares1.03M

TypeSH

Market value$199.2K

3.93%

Sole

500.31K

Shared

0.00

None

532.22K

MOTOROLA SOL

OTR

MOTOROLA SOLUTIONS INC

Shares430.89K

TypeSH

Market value$187.0K

3.69%

Sole

192.33K

Shared

0.00

None

238.56K

APPLIED MATLS I

OTR

APPLIED MATERIALS INC

Shares444.03K

TypeSH

Market value$151.8K

2.99%

Sole

198.50K

Shared

0.00

None

245.53K

MEDTRONIC PLC

OTR

MEDTRONIC PLC

Shares1.58M

TypeSH

Market value$137.0K

2.70%

Sole

855.22K

Shared

0.00

None

725.64K

MERCK & CO INC

OTR

MERCK & CO. INC.

Shares1.13M

TypeSH

Market value$136.2K

2.69%

Sole

612.10K

Shared

0.00

None

520.25K

ACCENTURE PLC

OTR

ACCENTURE PLC-CL A

Shares667.03K

TypeSH

Market value$132.3K

2.61%

Sole

335.49K

Shared

0.00

None

331.54K

ZOETIS INC

OTR

ZOETIS INC

Shares1.05M

TypeSH

Market value$124.0K

2.45%

Sole

582.48K

Shared

0.00

None

466.83K

COSTCO WHOLE

OTR

COSTCO WHOLESALE CORP

Shares120.86K

TypeSH

Market value$120.4K

2.37%

Sole

60.26K

Shared

0.00

None

60.60K

PARKER HANNIFIN

OTR

PARKER HANNIFIN CORP

Shares122.36K

TypeSH

Market value$109.5K

2.16%

Sole

68.36K

Shared

0.00

None

54K

FACEBOOK INC/U

OTR

Facebook Inc - A - Unmanaged

Shares184.86K

TypeSH

Market value$105.8K

2.09%

Sole

178.51K

Shared

0.00

None

6.34K

OTIS WORLDWIDE

OTR

OTIS WORLDWIDE CORP

Shares1.34M

TypeSH

Market value$103.4K

2.04%

Sole

547.66K

Shared

0.00

None

793.30K

S&P GLOBAL INC

OTR

S&P GLOBAL INC

Shares218.40K

TypeSH

Market value$92.9K

1.83%

Sole

114.15K

Shared

0.00

None

104.25K

AMPHENOL CORP

OTR

AMPHENOL CORP-CL A

Shares688.09K

TypeSH

Market value$86.9K

1.71%

Sole

426.85K

Shared

0.00

None

261.24K

ESTEE LAUDER

OTR

ESTEE LAUDER COMPANIES-CL A

Shares1.11M

TypeSH

Market value$79.6K

1.57%

Sole

509.25K

Shared

0.00

None

600.02K

BROADCOM INC

OTR

BROADCOM INC

Shares231.53K

TypeSH

Market value$71.7K

1.41%

Sole

228.88K

Shared

0.00

None

2.65K

LILLY ELI & CO

OTR

ELI LILLY & CO

Shares77.38K

TypeSH

Market value$71.2K

1.40%

Sole

76.28K

Shared

0.00

None

1.09K

COLGATE PALMO/U

OTR

Colgate Palmolive Co

Shares766.77K

TypeSH

Market value$65.4K

1.29%

Sole

425.33K

Shared

0.00

None

341.44K

MORGAN STANLEY

OTR

MORGAN STANLEY

Shares394.22K

TypeSH

Market value$64.9K

1.28%

Sole

366.94K

Shared

0.00

None

27.28K

NIKE INC CL B

OTR

NIKE INC -CL B

Shares1.22M

TypeSH

Market value$64.4K

1.27%

Sole

598.38K

Shared

0.00

None

620.80K

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	None
MICROSOFT/MSOTR	Microsoft Corp CFD MS	1.06M	SH	$392.5K 7.74%	734.71K	325.66K
ALPHABET INC AOTR	ALPHABET INC-CL A	1.29M	SH	$370.3K 7.30%	892.29K	395.52K
AMAZON.COM INCOTR	AMAZON.COM INC	1.60M	SH	$333.8K 6.58%	1.04M	561.02K
APPLE INC/UOTR	Apple Inc	1.26M	SH	$318.8K 6.29%	827.02K	428.99K
NVIDIA CORPOTR	NVIDIA CORP	1.46M	SH	$254.7K 5.02%	1.38M	77.72K
VISA INCOTR	VISA INC-CLASS A SHARES	745.68K	SH	$225.4K 4.44%	412.12K	333.56K
RAYTHEON TECHOTR	RTX CORP	1.03M	SH	$199.2K 3.93%	500.31K	532.22K
MOTOROLA SOLOTR	MOTOROLA SOLUTIONS INC	430.89K	SH	$187.0K 3.69%	192.33K	238.56K
APPLIED MATLS IOTR	APPLIED MATERIALS INC	444.03K	SH	$151.8K 2.99%	198.50K	245.53K
MEDTRONIC PLCOTR	MEDTRONIC PLC	1.58M	SH	$137.0K 2.70%	855.22K	725.64K
MERCK & CO INCOTR	MERCK & CO. INC.	1.13M	SH	$136.2K 2.69%	612.10K	520.25K
ACCENTURE PLCOTR	ACCENTURE PLC-CL A	667.03K	SH	$132.3K 2.61%	335.49K	331.54K
ZOETIS INCOTR	ZOETIS INC	1.05M	SH	$124.0K 2.45%	582.48K	466.83K
COSTCO WHOLEOTR	COSTCO WHOLESALE CORP	120.86K	SH	$120.4K 2.37%	60.26K	60.60K
PARKER HANNIFINOTR	PARKER HANNIFIN CORP	122.36K	SH	$109.5K 2.16%	68.36K	54K
FACEBOOK INC/UOTR	Facebook Inc - A - Unmanaged	184.86K	SH	$105.8K 2.09%	178.51K	6.34K
OTIS WORLDWIDEOTR	OTIS WORLDWIDE CORP	1.34M	SH	$103.4K 2.04%	547.66K	793.30K
S&P GLOBAL INCOTR	S&P GLOBAL INC	218.40K	SH	$92.9K 1.83%	114.15K	104.25K
AMPHENOL CORPOTR	AMPHENOL CORP-CL A	688.09K	SH	$86.9K 1.71%	426.85K	261.24K
ESTEE LAUDEROTR	ESTEE LAUDER COMPANIES-CL A	1.11M	SH	$79.6K 1.57%	509.25K	600.02K
BROADCOM INCOTR	BROADCOM INC	231.53K	SH	$71.7K 1.41%	228.88K	2.65K
LILLY ELI & COOTR	ELI LILLY & CO	77.38K	SH	$71.2K 1.40%	76.28K	1.09K
COLGATE PALMO/UOTR	Colgate Palmolive Co	766.77K	SH	$65.4K 1.29%	425.33K	341.44K
MORGAN STANLEYOTR	MORGAN STANLEY	394.22K	SH	$64.9K 1.28%	366.94K	27.28K
NIKE INC CL BOTR	NIKE INC -CL B	1.22M	SH	$64.4K 1.27%	598.38K	620.80K

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