Lazard Global Total Return & Income Fund
LGI
27 hedge funds and large institutions have $36.2M invested in Lazard Global Total Return & Income Fund in 2016 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 17 increasing their positions, 4 reducing their positions, and 3 closing their positions.
325% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 4
7% more capital invested
Capital invested by funds: $33.8M → $36.2M (+$2.36M)
3.63% more ownership
Funds ownership: 26.6% → 30.23% (+3.6%)
0% more funds holding
Funds holding: 27 → 27 (0)
0% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Matisse Capital
Portland,
Oregon
|
+$1.83M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$574K |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$447K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$428K |
| 5 |
Morgan Stanley
New York
|
+$365K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFM
Boothbay Fund Management
New York
|
-$518K |
| 2 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$280K |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$231K |
| 4 |
Squarepoint
New York
|
-$183K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$166K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Citigroup
New York
| $6K | – | – | – |
|
|
TRCT
27
Tower Research Capital (TRC)
New York
| $5K | +$4.94K | +419 | New |
|
28
Geode Capital Management
Boston,
Massachusetts
| $601 | – | – | – |
|
|
BFM
29
Boothbay Fund Management
New York
| – | -$518K | -39,580 | Closed |
|
|
SFS
30
Shaker Financial Services
Arlington,
Virginia
| – | -$231K | -17,697 | Closed |
|
|
31
Squarepoint
New York
| – | -$183K | -14,000 | Closed |
|
LGI Hedge Fund Activity: Q1 2016 in Review
27 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Lazard Global Total Return & Income Fund (LGI) for Q1 2016, worth a combined $36.2M — up 7% from $33.8M a quarter earlier.
Fund positioning in LGI was balanced in Q1 2016: 3 funds opened new positions, 3 closed out, 17 added to existing stakes and 4 trimmed.
The largest buyer was Matisse Capital, adding an estimated $1.83M. The largest seller was Boothbay Fund Management, exiting entirely with an estimated $518K sold.
- 27 institutional investors held Lazard Global Total Return & Income Fund (LGI) as of Q1 2016, unchanged from Q4 2015.
- Funds reported $36.2M of Lazard Global Total Return & Income Fund stock for Q1 2016, up 7% quarter-over-quarter.
- 3 funds opened new Lazard Global Total Return & Income Fund positions in Q1 2016 and 3 closed out, a net change of 0 holders.
- The largest Lazard Global Total Return & Income Fund buyer in Q1 2016 was Matisse Capital, an estimated $1.83M added.
- The largest Lazard Global Total Return & Income Fund seller in Q1 2016 was Boothbay Fund Management, an estimated $518K sold.
Based on aggregated 13F filings for Q1 2016.