Lazard Global Total Return & Income Fund
LGI
32 hedge funds and large institutions have $47.9M invested in Lazard Global Total Return & Income Fund in 2018 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 14 increasing their positions, 8 reducing their positions, and 5 closing their positions.
75% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 8
0% more funds holding
Funds holding: 32 → 32 (0)
0% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 5
4% less capital invested
Capital invested by funds: $49.8M → $47.9M (-$1.82M)
1.84% less ownership
Funds ownership: 29% → 27.17% (-1.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Stifel Financial
St. Louis,
Missouri
|
+$2.44M |
| 2 |
BlackRock
New York
|
+$975K |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$836K |
| 4 |
CA
Cetera Advisors
Denver,
Colorado
|
+$272K |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
+$108K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$4.87M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$1.21M |
| 3 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$793K |
| 4 |
SCM
Saba Capital Management
New York
|
-$531K |
| 5 |
TWM
Titus Wealth Management
Larskpur,
California
|
-$458K |
LGI Hedge Fund Activity: Q2 2018 in Review
32 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in Lazard Global Total Return & Income Fund (LGI) for Q2 2018, worth a combined $47.9M — down 3.7% from $49.8M a quarter earlier.
Fund positioning in LGI was balanced in Q2 2018: 5 funds opened new positions, 5 closed out, 14 added to existing stakes and 8 trimmed.
The largest buyer was Stifel Financial, adding an estimated $2.44M. The largest seller was 1607 Capital Partners, cutting an estimated $4.87M.
- 32 institutional investors held Lazard Global Total Return & Income Fund (LGI) as of Q2 2018, unchanged from Q1 2018.
- Funds reported $47.9M of Lazard Global Total Return & Income Fund stock for Q2 2018, down 3.7% quarter-over-quarter.
- 5 funds opened new Lazard Global Total Return & Income Fund positions in Q2 2018 and 5 closed out, a net change of 0 holders.
- The largest Lazard Global Total Return & Income Fund buyer in Q2 2018 was Stifel Financial, an estimated $2.44M added.
- The largest Lazard Global Total Return & Income Fund seller in Q2 2018 was 1607 Capital Partners, an estimated $4.87M sold.
Based on aggregated 13F filings for Q2 2018.