Lazard Global Total Return & Income Fund
LGI
21 hedge funds and large institutions have $37.5M invested in Lazard Global Total Return & Income Fund in 2014 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 6 increasing their positions, 7 reducing their positions, and 4 closing their positions.
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
0.6% more ownership
Funds ownership: 24.07% → 24.67% (+0.6%)
0% more funds holding
Funds holding: 21 → 21 (0)
7% less capital invested
Capital invested by funds: $40.2M → $37.5M (-$2.7M)
14% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$979K |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$382K |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$288K |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
+$47.1K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$12.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$268K |
| 2 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$185K |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$150K |
| 4 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$148K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$130K |
LGI Hedge Fund Activity: Q4 2014 in Review
21 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in Lazard Global Total Return & Income Fund (LGI) for Q4 2014, worth a combined $37.5M — down 6.7% from $40.2M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new LGI positions and 4 closed out — a net gain of 1 holder — while 6 added to existing stakes and 7 trimmed.
The largest buyer was Wolverine Asset Management, opening a new position worth an estimated $979K. The largest seller was Wells Fargo, cutting an estimated $268K.
- 21 institutional investors held Lazard Global Total Return & Income Fund (LGI) as of Q4 2014, unchanged from Q3 2014.
- Funds reported $37.5M of Lazard Global Total Return & Income Fund stock for Q4 2014, down 6.7% quarter-over-quarter.
- 5 funds opened new Lazard Global Total Return & Income Fund positions in Q4 2014 and 4 closed out, a net change of +1 holder.
- The largest Lazard Global Total Return & Income Fund buyer in Q4 2014 was Wolverine Asset Management, an estimated $979K added.
- The largest Lazard Global Total Return & Income Fund seller in Q4 2014 was Wells Fargo, an estimated $268K sold.
Based on aggregated 13F filings for Q4 2014.