Lazard Global Total Return & Income Fund
LGI
39 hedge funds and large institutions have $57.2M invested in Lazard Global Total Return & Income Fund in 2021 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 17 increasing their positions, 10 reducing their positions, and 4 closing their positions.
70% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 10
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
5% more funds holding
Funds holding: 37 → 39 (+2)
0.9% more ownership
Funds ownership: 21.04% → 21.93% (+0.9%)
0% more capital invested
Capital invested by funds: $57M → $57.2M (+$117K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$2.73M |
| 2 |
LPL Financial
San Diego,
California
|
+$1.6M |
| 3 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$650K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$603K |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$384K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$2.31M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$981K |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
-$452K |
| 4 |
Invesco
Atlanta,
Georgia
|
-$248K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$237K |
LGI Hedge Fund Activity: Q3 2021 in Review
39 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Lazard Global Total Return & Income Fund (LGI) for Q3 2021, worth a combined $57.2M — up 0.21% from $57M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new LGI positions and 4 closed out — a net gain of 2 holders — while 17 added to existing stakes and 10 trimmed.
The largest buyer was Shaker Financial Services, opening a new position worth an estimated $2.73M. The largest seller was Northwestern Mutual Wealth Management, cutting an estimated $2.31M.
- 39 institutional investors held Lazard Global Total Return & Income Fund (LGI) as of Q3 2021, up from 37 in Q2 2021.
- Funds reported $57.2M of Lazard Global Total Return & Income Fund stock for Q3 2021, up 0.21% quarter-over-quarter.
- 6 funds opened new Lazard Global Total Return & Income Fund positions in Q3 2021 and 4 closed out, a net change of +2 holders.
- The largest Lazard Global Total Return & Income Fund buyer in Q3 2021 was Shaker Financial Services, an estimated $2.73M added.
- The largest Lazard Global Total Return & Income Fund seller in Q3 2021 was Northwestern Mutual Wealth Management, an estimated $2.31M sold.
Based on aggregated 13F filings for Q3 2021.