Lazard Global Total Return & Income Fund
LGI
33 hedge funds and large institutions have $50M invested in Lazard Global Total Return & Income Fund in 2018 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 14 increasing their positions, 8 reducing their positions, and 5 closing their positions.
75% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 8
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
3% more funds holding
Funds holding: 32 → 33 (+1)
0% more capital invested
Capital invested by funds: $49.8M → $50M (+$211K)
1.45% less ownership
Funds ownership: 29% → 27.55% (-1.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Stifel Financial
St. Louis,
Missouri
|
+$2.44M |
| 2 |
BlackRock
New York
|
+$975K |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$836K |
| 4 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
+$677K |
| 5 |
CA
Cetera Advisors
Denver,
Colorado
|
+$272K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$4.87M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$1.21M |
| 3 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$793K |
| 4 |
SCM
Saba Capital Management
New York
|
-$531K |
| 5 |
TWM
Titus Wealth Management
Larskpur,
California
|
-$458K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AG
26
Advisor Group
Phoenix,
Arizona
| $84K | +$59.8K | +3,250 | +250% |
|
|
QCIG
27
Quad-Cities Investment Group
Davenport,
Iowa
| $75K | +$74.7K | +4,059 | New |
|
28
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $43K | +$18.4K | +1,000 | +75% |
|
29
Citigroup
New York
| $39K | +$38.6K | +2,100 | New |
|
|
APA
30
American Portfolios Advisors
Holbrook,
New York
| $21.7K | – | – | – |
|
|
SPIA
31
Steward Partners Investment Advisory
New York
| $19K | – | – | – |
|
|
GFP
32
Gryphon Financial Partners
Columbus,
Ohio
| $12K | +$12.1K | +660 | New |
|
|
SFG
33
SevenBridge Financial Group
Harrisburg,
Pennsylvania
| $7K | – | – | – |
|
|
SFS
34
Shaker Financial Services
Arlington,
Virginia
| – | -$1.21M | -67,664 | Closed |
|
|
BI
35
Bulldog Investors
Saddle Brook,
New Jersey
| – | -$793K | -39,901 | Closed |
|
|
SCM
36
Saba Capital Management
New York
| – | -$531K | -29,813 | Closed |
|
|
TWM
37
Titus Wealth Management
Larskpur,
California
| – | -$458K | -25,700 | Closed |
|
|
RVPG
38
Relative Value Partners Group
| – | -$337K | -18,908 | Closed |
|
LGI Hedge Fund Activity: Q2 2018 in Review
33 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Lazard Global Total Return & Income Fund (LGI) for Q2 2018, worth a combined $50M — up 0.42% from $49.8M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new LGI positions and 5 closed out — a net gain of 1 holder — while 14 added to existing stakes and 8 trimmed.
The largest buyer was Stifel Financial, adding an estimated $2.44M. The largest seller was 1607 Capital Partners, cutting an estimated $4.87M.
- 33 institutional investors held Lazard Global Total Return & Income Fund (LGI) as of Q2 2018, up from 32 in Q1 2018.
- Funds reported $50M of Lazard Global Total Return & Income Fund stock for Q2 2018, up 0.42% quarter-over-quarter.
- 6 funds opened new Lazard Global Total Return & Income Fund positions in Q2 2018 and 5 closed out, a net change of +1 holder.
- The largest Lazard Global Total Return & Income Fund buyer in Q2 2018 was Stifel Financial, an estimated $2.44M added.
- The largest Lazard Global Total Return & Income Fund seller in Q2 2018 was 1607 Capital Partners, an estimated $4.87M sold.
Based on aggregated 13F filings for Q2 2018.