Lazard Global Total Return & Income Fund
LGI
26 hedge funds and large institutions have $57.3M invested in Lazard Global Total Return & Income Fund in 2017 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 10 increasing their positions, 9 reducing their positions, and 1 closing their positions.
300% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 1
13% more funds holding
Funds holding: 23 → 26 (+3)
11% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 9
0.52% less ownership
Funds ownership: 36.96% → 36.44% (-0.52%)
9% less capital inflows, than outflows
Capital inflows: $7.77M | Capital outflows: $8.56M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Sit Investment Associates
Minneapolis,
Minnesota
|
+$4.84M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$1.18M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$600K |
| 4 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
+$239K |
| 5 |
Cetera Advisors
Denver,
Colorado
|
+$197K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$5.37M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$1.28M |
| 3 |
Raymond James & Associates
St Petersburg,
Florida
|
-$802K |
| 4 |
Morgan Stanley
New York
|
-$489K |
| 5 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$271K |
LGI Hedge Fund Activity: Q2 2017 in Review
26 of the 4,023 institutional investors tracked by Wall St. Rank reported a position in Lazard Global Total Return & Income Fund (LGI) for Q2 2017, worth a combined $57.3M — up 7.4% from $53.3M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new LGI positions and 1 closed out — a net gain of 3 holders — while 10 added to existing stakes and 9 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $4.84M. The largest seller was Rivernorth Capital Management, cutting an estimated $5.37M.
- 26 institutional investors held Lazard Global Total Return & Income Fund (LGI) as of Q2 2017, up from 23 in Q1 2017.
- Funds reported $57.3M of Lazard Global Total Return & Income Fund stock for Q2 2017, up 7.4% quarter-over-quarter.
- 4 funds opened new Lazard Global Total Return & Income Fund positions in Q2 2017 and 1 closed out, a net change of +3 holders.
- The largest Lazard Global Total Return & Income Fund buyer in Q2 2017 was Sit Investment Associates, an estimated $4.84M added.
- The largest Lazard Global Total Return & Income Fund seller in Q2 2017 was Rivernorth Capital Management, an estimated $5.37M sold.
Based on aggregated 13F filings for Q2 2017.