Lazard Global Total Return & Income Fund
LGI
36 hedge funds and large institutions have $33.7M invested in Lazard Global Total Return & Income Fund in 2018 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 12 increasing their positions, 12 reducing their positions, and 6 closing their positions.
17% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 6
3% more funds holding
Funds holding: 35 → 36 (+1)
0% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 12
0.54% less ownership
Funds ownership: 26.56% → 26.02% (-0.54%)
26% less capital invested
Capital invested by funds: $45.3M → $33.7M (-$11.6M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
+$1.69M |
| 2 |
Morgan Stanley
New York
|
+$1.47M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$575K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$559K |
| 5 |
Invesco
Atlanta,
Georgia
|
+$444K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$3.39M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$1.61M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$1.25M |
| 4 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
-$328K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$307K |
LGI Hedge Fund Activity: Q4 2018 in Review
36 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Lazard Global Total Return & Income Fund (LGI) for Q4 2018, worth a combined $33.7M — down 26% from $45.3M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new LGI positions and 6 closed out — a net gain of 1 holder — while 12 added to existing stakes and 12 trimmed.
The largest buyer was Carson Wealth (CWM LLC), opening a new position worth an estimated $1.69M. The largest seller was Sit Investment Associates, cutting an estimated $3.39M.
- 36 institutional investors held Lazard Global Total Return & Income Fund (LGI) as of Q4 2018, up from 35 in Q3 2018.
- Funds reported $33.7M of Lazard Global Total Return & Income Fund stock for Q4 2018, down 26% quarter-over-quarter.
- 7 funds opened new Lazard Global Total Return & Income Fund positions in Q4 2018 and 6 closed out, a net change of +1 holder.
- The largest Lazard Global Total Return & Income Fund buyer in Q4 2018 was Carson Wealth (CWM LLC), an estimated $1.69M added.
- The largest Lazard Global Total Return & Income Fund seller in Q4 2018 was Sit Investment Associates, an estimated $3.39M sold.
Based on aggregated 13F filings for Q4 2018.