Lazard Global Total Return & Income Fund
LGI
50 hedge funds and large institutions have $51.1M invested in Lazard Global Total Return & Income Fund in 2020 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 18 increasing their positions, 16 reducing their positions, and 6 closing their positions.
28% more capital invested
Capital invested by funds: $39.9M → $51.1M (+$11.2M)
13% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 16
2.26% more ownership
Funds ownership: 23.91% → 26.16% (+2.3%)
0% more funds holding
Funds holding: 50 → 50 (0)
0% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$3.02M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$2.2M |
| 3 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$1.87M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$1.29M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$3.23M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.97M |
| 3 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$477K |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$269K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$206K |
LGI Hedge Fund Activity: Q2 2020 in Review
50 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Lazard Global Total Return & Income Fund (LGI) for Q2 2020, worth a combined $51.1M — up 28% from $39.9M a quarter earlier.
Fund positioning in LGI was balanced in Q2 2020: 6 funds opened new positions, 6 closed out, 18 added to existing stakes and 16 trimmed.
The largest buyer was Raymond James Financial Services Advisors, opening a new position worth an estimated $3.02M. The largest seller was Karpus Investment Management, cutting an estimated $3.23M.
- 50 institutional investors held Lazard Global Total Return & Income Fund (LGI) as of Q2 2020, unchanged from Q1 2020.
- Funds reported $51.1M of Lazard Global Total Return & Income Fund stock for Q2 2020, up 28% quarter-over-quarter.
- 6 funds opened new Lazard Global Total Return & Income Fund positions in Q2 2020 and 6 closed out, a net change of 0 holders.
- The largest Lazard Global Total Return & Income Fund buyer in Q2 2020 was Raymond James Financial Services Advisors, an estimated $3.02M added.
- The largest Lazard Global Total Return & Income Fund seller in Q2 2020 was Karpus Investment Management, an estimated $3.23M sold.
Based on aggregated 13F filings for Q2 2020.