Lazard Global Total Return & Income Fund
LGI
21 hedge funds and large institutions have $42.4M invested in Lazard Global Total Return & Income Fund in 2013 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 11 increasing their positions, 5 reducing their positions, and 2 closing their positions.
120% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 5
0% more capital invested
Capital invested by funds: $42.3M → $42.4M (+$64.9K)
0% more funds holding
Funds holding: 21 → 21 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 2
0.6% less ownership
Funds ownership: 26.95% → 26.35% (-0.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$526K |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$452K |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
+$257K |
| 4 |
LPL Financial
San Diego,
California
|
+$190K |
| 5 |
Morgan Stanley
New York
|
+$179K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$2.19M |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$253K |
| 3 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$249K |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$99.2K |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
-$55.4K |
LGI Hedge Fund Activity: Q3 2013 in Review
21 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Lazard Global Total Return & Income Fund (LGI) for Q3 2013, worth a combined $42.4M — up 0.15% from $42.3M a quarter earlier.
Fund positioning in LGI was balanced in Q3 2013: 2 funds opened new positions, 2 closed out, 11 added to existing stakes and 5 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $526K. The largest seller was Raymond James Financial Services Advisors, cutting an estimated $2.19M.
- 21 institutional investors held Lazard Global Total Return & Income Fund (LGI) as of Q3 2013, unchanged from Q2 2013.
- Funds reported $42.4M of Lazard Global Total Return & Income Fund stock for Q3 2013, up 0.15% quarter-over-quarter.
- 2 funds opened new Lazard Global Total Return & Income Fund positions in Q3 2013 and 2 closed out, a net change of 0 holders.
- The largest Lazard Global Total Return & Income Fund buyer in Q3 2013 was Karpus Investment Management, an estimated $526K added.
- The largest Lazard Global Total Return & Income Fund seller in Q3 2013 was Raymond James Financial Services Advisors, an estimated $2.19M sold.
Based on aggregated 13F filings for Q3 2013.