Lazard Global Total Return & Income Fund
LGI
36 hedge funds and large institutions have $38.6M invested in Lazard Global Total Return & Income Fund in 2023 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 15 increasing their positions, 11 reducing their positions, and 8 closing their positions.
36% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 11
9% more capital invested
Capital invested by funds: $35.5M → $38.6M (+$3.08M)
0.68% more ownership
Funds ownership: 18.65% → 19.33% (+0.68%)
12% less funds holding
Funds holding: 41 → 36 (-5)
50% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$1.58M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.02M |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$608K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$348K |
| 5 |
Morgan Stanley
New York
|
+$275K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$747K |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
-$585K |
| 3 |
Invesco
Atlanta,
Georgia
|
-$419K |
| 4 |
LPL Financial
San Diego,
California
|
-$297K |
| 5 |
IA
IFP Advisors
Tampa,
Florida
|
-$279K |
LGI Hedge Fund Activity: Q1 2023 in Review
36 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Lazard Global Total Return & Income Fund (LGI) for Q1 2023, worth a combined $38.6M — up 8.7% from $35.5M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of LGI and 4 opened new positions — a net loss of 4 holders — while 11 trimmed existing stakes and 15 added.
The largest buyer was Ameriprise, adding an estimated $1.58M. The largest seller was Wolverine Asset Management, cutting an estimated $747K.
- 36 institutional investors held Lazard Global Total Return & Income Fund (LGI) as of Q1 2023, down from 41 in Q4 2022.
- Funds reported $38.6M of Lazard Global Total Return & Income Fund stock for Q1 2023, up 8.7% quarter-over-quarter.
- 4 funds opened new Lazard Global Total Return & Income Fund positions in Q1 2023 and 8 closed out, a net change of -4 holders.
- The largest Lazard Global Total Return & Income Fund buyer in Q1 2023 was Ameriprise, an estimated $1.58M added.
- The largest Lazard Global Total Return & Income Fund seller in Q1 2023 was Wolverine Asset Management, an estimated $747K sold.
Based on aggregated 13F filings for Q1 2023.