Lazard Global Total Return & Income Fund
LGI
37 hedge funds and large institutions have $42.1M invested in Lazard Global Total Return & Income Fund in 2023 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 13 increasing their positions, 12 reducing their positions, and 5 closing their positions.
40% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 5
9% more capital invested
Capital invested by funds: $38.6M → $42.1M (+$3.48M)
3% more funds holding
Funds holding: 36 → 37 (+1)
1.38% more ownership
Funds ownership: 19.33% → 20.71% (+1.4%)
8% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.55M |
| 2 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$1.06M |
| 3 |
RL
RPO LLC
Stamford,
Connecticut
|
+$1.06M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$775K |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$337K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$1.51M |
| 2 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$466K |
| 3 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
-$372K |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$322K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$229K |
LGI Hedge Fund Activity: Q2 2023 in Review
37 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Lazard Global Total Return & Income Fund (LGI) for Q2 2023, worth a combined $42.1M — up 9% from $38.6M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new LGI positions and 5 closed out — a net gain of 2 holders — while 13 added to existing stakes and 12 trimmed.
The largest buyer was Raymond James & Associates, adding an estimated $1.55M. The largest seller was Wells Fargo, cutting an estimated $1.51M.
- 37 institutional investors held Lazard Global Total Return & Income Fund (LGI) as of Q2 2023, up from 36 in Q1 2023.
- Funds reported $42.1M of Lazard Global Total Return & Income Fund stock for Q2 2023, up 9% quarter-over-quarter.
- 7 funds opened new Lazard Global Total Return & Income Fund positions in Q2 2023 and 5 closed out, a net change of +2 holders.
- The largest Lazard Global Total Return & Income Fund buyer in Q2 2023 was Raymond James & Associates, an estimated $1.55M added.
- The largest Lazard Global Total Return & Income Fund seller in Q2 2023 was Wells Fargo, an estimated $1.51M sold.
Based on aggregated 13F filings for Q2 2023.