Lazard Global Total Return & Income Fund
LGI
43 hedge funds and large institutions have $41.5M invested in Lazard Global Total Return & Income Fund in 2023 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 19 increasing their positions, 10 reducing their positions, and 2 closing their positions.
300% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 2
90% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 10
16% more funds holding
Funds holding: 37 → 43 (+6)
2.32% more ownership
Funds ownership: 20.71% → 23.03% (+2.3%)
1% less capital invested
Capital invested by funds: $42.1M → $41.5M (-$594K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$1.36M |
| 2 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$793K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$770K |
| 4 |
Morgan Stanley
New York
|
+$679K |
| 5 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
+$564K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$712K |
| 2 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$351K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$205K |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$205K |
| 5 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
-$133K |
LGI Hedge Fund Activity: Q3 2023 in Review
43 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Lazard Global Total Return & Income Fund (LGI) for Q3 2023, worth a combined $41.5M — down 1.4% from $42.1M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new LGI positions and 2 closed out — a net gain of 6 holders — while 19 added to existing stakes and 10 trimmed.
The largest buyer was Cornerstone Advisors, adding an estimated $1.36M. The largest seller was Raymond James Financial Services Advisors, cutting an estimated $712K.
- 43 institutional investors held Lazard Global Total Return & Income Fund (LGI) as of Q3 2023, up from 37 in Q2 2023.
- Funds reported $41.5M of Lazard Global Total Return & Income Fund stock for Q3 2023, down 1.4% quarter-over-quarter.
- 8 funds opened new Lazard Global Total Return & Income Fund positions in Q3 2023 and 2 closed out, a net change of +6 holders.
- The largest Lazard Global Total Return & Income Fund buyer in Q3 2023 was Cornerstone Advisors, an estimated $1.36M added.
- The largest Lazard Global Total Return & Income Fund seller in Q3 2023 was Raymond James Financial Services Advisors, an estimated $712K sold.
Based on aggregated 13F filings for Q3 2023.