Lazard Global Total Return & Income Fund
LGI
26 hedge funds and large institutions have $56.2M invested in Lazard Global Total Return & Income Fund in 2017 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 9 increasing their positions, 15 reducing their positions, and 1 closing their positions.
0% more funds holding
Funds holding: 26 → 26 (0)
0% more first-time investments, than exits
New positions opened: 1 | Existing positions closed: 1
2% less capital invested
Capital invested by funds: $57.3M → $56.2M (-$1.11M)
1.58% less ownership
Funds ownership: 36.44% → 34.86% (-1.6%)
40% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$2.04M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.03M |
| 3 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
+$864K |
| 4 |
Invesco
Atlanta,
Georgia
|
+$381K |
| 5 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$341K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$4.83M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.01M |
| 3 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$561K |
| 4 |
SCM
Saba Capital Management
New York
|
-$340K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$228K |
LGI Hedge Fund Activity: Q3 2017 in Review
26 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Lazard Global Total Return & Income Fund (LGI) for Q3 2017, worth a combined $56.2M — down 1.9% from $57.3M a quarter earlier.
Fund positioning in LGI was balanced in Q3 2017: 1 fund opened new positions, 1 closed out, 9 added to existing stakes and 15 trimmed.
The largest buyer was Shaker Financial Services, adding an estimated $2.04M. The largest seller was Bulldog Investors, cutting an estimated $4.83M.
- 26 institutional investors held Lazard Global Total Return & Income Fund (LGI) as of Q3 2017, unchanged from Q2 2017.
- Funds reported $56.2M of Lazard Global Total Return & Income Fund stock for Q3 2017, down 1.9% quarter-over-quarter.
- 1 fund opened new Lazard Global Total Return & Income Fund positions in Q3 2017 and 1 closed out, a net change of 0 holders.
- The largest Lazard Global Total Return & Income Fund buyer in Q3 2017 was Shaker Financial Services, an estimated $2.04M added.
- The largest Lazard Global Total Return & Income Fund seller in Q3 2017 was Bulldog Investors, an estimated $4.83M sold.
Based on aggregated 13F filings for Q3 2017.