Lazard Global Total Return & Income Fund
LGI
37 hedge funds and large institutions have $57M invested in Lazard Global Total Return & Income Fund in 2021 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 13 increasing their positions, 12 reducing their positions, and 7 closing their positions.
8% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 12
4% less capital invested
Capital invested by funds: $59.2M → $57M (-$2.12M)
2.62% less ownership
Funds ownership: 23.66% → 21.04% (-2.6%)
5% less funds holding
Funds holding: 39 → 37 (-2)
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$488K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$231K |
| 3 |
MAFM
Mid Atlantic Financial Management
Pittsburgh,
Pennsylvania
|
+$201K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$163K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$141K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$3.46M |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$1.55M |
| 3 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$1.18M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$436K |
| 5 |
TCA
Transcend Capital Advisors
Madison,
New Jersey
|
-$297K |
LGI Hedge Fund Activity: Q2 2021 in Review
37 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Lazard Global Total Return & Income Fund (LGI) for Q2 2021, worth a combined $57M — down 3.6% from $59.2M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of LGI and 5 opened new positions — a net loss of 2 holders — while 12 trimmed existing stakes and 13 added.
The largest buyer was Hennion & Walsh Asset Management, opening a new position worth an estimated $488K. The largest seller was Sit Investment Associates, cutting an estimated $3.46M.
- 37 institutional investors held Lazard Global Total Return & Income Fund (LGI) as of Q2 2021, down from 39 in Q1 2021.
- Funds reported $57M of Lazard Global Total Return & Income Fund stock for Q2 2021, down 3.6% quarter-over-quarter.
- 5 funds opened new Lazard Global Total Return & Income Fund positions in Q2 2021 and 7 closed out, a net change of -2 holders.
- The largest Lazard Global Total Return & Income Fund buyer in Q2 2021 was Hennion & Walsh Asset Management, an estimated $488K added.
- The largest Lazard Global Total Return & Income Fund seller in Q2 2021 was Sit Investment Associates, an estimated $3.46M sold.
Based on aggregated 13F filings for Q2 2021.