Lazard Global Total Return & Income Fund
LGI
19 hedge funds and large institutions have $33M invested in Lazard Global Total Return & Income Fund in 2015 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 9 increasing their positions, 7 reducing their positions, and 2 closing their positions.
29% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 7
0% more funds holding
Funds holding: 19 → 19 (0)
0% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 2
1.75% less ownership
Funds ownership: 24.09% → 22.34% (-1.7%)
12% less capital invested
Capital invested by funds: $37.3M → $33M (-$4.34M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$513K |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$377K |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$211K |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
+$163K |
| 5 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$159K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$2.25M |
| 2 |
Morgan Stanley
New York
|
-$2.06M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$37.4K |
| 4 |
ACP
Aviance Capital Partners
Naples,
Florida
|
-$27.6K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$9.99K |
LGI Hedge Fund Activity: Q2 2015 in Review
19 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in Lazard Global Total Return & Income Fund (LGI) for Q2 2015, worth a combined $33M — down 12% from $37.3M a quarter earlier.
Fund positioning in LGI was balanced in Q2 2015: 2 funds opened new positions, 2 closed out, 9 added to existing stakes and 7 trimmed.
The largest buyer was Wolverine Asset Management, adding an estimated $513K. The largest seller was Raymond James Financial Services Advisors, cutting an estimated $2.25M.
- 19 institutional investors held Lazard Global Total Return & Income Fund (LGI) as of Q2 2015, unchanged from Q1 2015.
- Funds reported $33M of Lazard Global Total Return & Income Fund stock for Q2 2015, down 12% quarter-over-quarter.
- 2 funds opened new Lazard Global Total Return & Income Fund positions in Q2 2015 and 2 closed out, a net change of 0 holders.
- The largest Lazard Global Total Return & Income Fund buyer in Q2 2015 was Wolverine Asset Management, an estimated $513K added.
- The largest Lazard Global Total Return & Income Fund seller in Q2 2015 was Raymond James Financial Services Advisors, an estimated $2.25M sold.
Based on aggregated 13F filings for Q2 2015.