Lord, Abbett & Co. LLC
Lord, Abbett & Co. LLC is an independent, privately held global asset management firm headquartered in Jersey City, New Jersey, United States. Founded in 1929, Lord Abbett is one of the oldest money management firms in the U.S., and manages over $230 billion in assets as of June 2025. The firm specializes in actively managed investment portfolios, offering a diverse range of strategies in equity, fixed income, private credit, and multi-asset class investments. Lord Abbett serves institutional investors, financial advisors, and individual clients through separate accounts, mutual funds, commingled funds, and managed account platforms. As of December 2023, the firm employs over 180 investment professionals and is recognized for its commitment to high-quality products and client relationships. It operates globally, with offices in major financial centers outside the U.S.
Investment Strategy
Lord Abbett deploys a rigorously active management approach across a wide range of investment strategies including equity (large cap, mid cap, small cap, international, emerging markets), fixed income (government, municipal, corporate, high yield, distressed), private credit, and multi-asset portfolios. The firm integrates fundamental and quantitative research capabilities in its portfolio construction, emphasizing security selection and risk management. Fixed income strategies span from money market and short-duration to multi-sector and climate-focused bonds, while equity strategies cover value, growth, and innovative market segments. Lord Abbett’s investment philosophy centers on delivering long-term value, maintaining a client-first relationship ethos, and tailoring solutions to match clients’ objectives while adapting to changing market environments.
Top Holdings
Equity Positions (418)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
N NVDA | NVIDIA CORPORATION | 3.73% | $1.16B | 7,328,232 | $39.68 | $157.99 | +$450.3M |
M MSFT | MICROSOFT CORP | 2.89% | $897.4M | 1,804,167 | $251.39 | $497.41 | +$360.2M |
M META | META PLATFORMS INC | 2.33% | $724.0M | 980,859 | $434.04 | $738.09 | +$160.2M |
A AVGO | BROADCOM INC | 1.99% | $618.2M | 2,242,711 | $131.91 | $275.65 | +$275.8M |
J JPM | JPMORGAN CHASE & CO. | 1.67% | $520.2M | 1,794,359 | $133.94 | $289.91 | +$79.6M |
Options Positions (6)
| Ticker | Security | Action | Type | Notional Value | Contracts | Underlying Price | Premium Paid | Change (Contracts) | Change (Value) |
|---|---|---|---|---|---|---|---|---|---|
M MSTR | MICROSTRATEGY INC | New | Call | $2.9M | 925 | $404.23 | $404.23 | +925 | +$2.9M |
R RKLB | ROCKET LAB CORP | New | Call | $2.7M | 5,240 | $35.77 | $35.77 | +5,240 | +$2.7M |
S SNOW | SNOWFLAKE INC | New | Call | $1.3M | 1,115 | $223.77 | $223.77 | +1,115 | +$1.3M |
C CYBR | CYBERARK SOFTWARE LTD | Sold | Call | $785.0K | 295 | $406.88 | $338.00 | -140 | -$79.0K |
G GDS | GDS HLDGS LTD SPONSORED | Sold | Call | $578.0K | 2,000 | $30.57 | $23.76 | -130 | +$483.0K |