Lazard Global Total Return & Income Fund
LGI
19 hedge funds and large institutions have $37.3M invested in Lazard Global Total Return & Income Fund in 2015 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 5 increasing their positions, 9 reducing their positions, and 3 closing their positions.
0% less capital invested
Capital invested by funds: $37.5M → $37.3M (-$111K)
0.58% less ownership
Funds ownership: 24.67% → 24.09% (-0.58%)
10% less funds holding
Funds holding: 21 → 19 (-2)
44% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 9
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$337K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$96.3K |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
+$57.5K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$43.5K |
| 5 |
Citigroup
New York
|
+$1.68K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$586K |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$400K |
| 3 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$144K |
| 4 |
Morgan Stanley
New York
|
-$81.1K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$69.8K |
LGI Hedge Fund Activity: Q1 2015 in Review
19 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in Lazard Global Total Return & Income Fund (LGI) for Q1 2015, worth a combined $37.3M — down 0.3% from $37.5M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of LGI and 1 opened new positions — a net loss of 2 holders — while 9 trimmed existing stakes and 5 added.
The largest buyer was Raymond James & Associates, adding an estimated $337K. The largest seller was Wolverine Asset Management, cutting an estimated $586K.
- 19 institutional investors held Lazard Global Total Return & Income Fund (LGI) as of Q1 2015, down from 21 in Q4 2014.
- Funds reported $37.3M of Lazard Global Total Return & Income Fund stock for Q1 2015, down 0.3% quarter-over-quarter.
- 1 fund opened new Lazard Global Total Return & Income Fund positions in Q1 2015 and 3 closed out, a net change of -2 holders.
- The largest Lazard Global Total Return & Income Fund buyer in Q1 2015 was Raymond James & Associates, an estimated $337K added.
- The largest Lazard Global Total Return & Income Fund seller in Q1 2015 was Wolverine Asset Management, an estimated $586K sold.
Based on aggregated 13F filings for Q1 2015.