Riverwater Sustainable Value Strategy Exits Position in Lazard (LAZ) in Q1 2026

Riverwater Sustainable Value Strategy exited its position in Lazard (LAZ) in Q1 2026, citing concerns over the M&A cycle and capital markets environment. The strategy underperformed the Russell 2500 Value Index due to stock selection, though sector allocation helped. The firm expects a shift toward high-quality small-cap stocks.

By Soumya Eswaran Wed, April 22, 2026 at 3:06 PM GMT+3 2 min read · Yahoo Finance · April 22, 2026, 12:06 UTC

Tickers: $LAZ

Topics: hedge fund activity Lazard Inc. portfolio changes stock exits

Read the full article at Yahoo Finance

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