Lazard Global Total Return & Income Fund
LGI
33 hedge funds and large institutions have $37.3M invested in Lazard Global Total Return & Income Fund in 2019 Q3 according to their latest regulatory filings, with 0 funds opening new positions, 15 increasing their positions, 11 reducing their positions, and 4 closing their positions.
36% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 11
0.41% more ownership
Funds ownership: 24.4% → 24.81% (+0.41%)
2% less capital invested
Capital invested by funds: $37.9M → $37.3M (-$618K)
11% less funds holding
Funds holding: 37 → 33 (-4)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$1M |
| 2 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$346K |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
+$297K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$161K |
| 5 |
Invesco
Atlanta,
Georgia
|
+$160K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$439K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$340K |
| 3 |
Morgan Stanley
New York
|
-$246K |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$177K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$108K |
LGI Hedge Fund Activity: Q3 2019 in Review
33 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Lazard Global Total Return & Income Fund (LGI) for Q3 2019, worth a combined $37.3M — down 1.6% from $37.9M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of LGI and 0 opened new positions — a net loss of 4 holders — while 11 trimmed existing stakes and 15 added.
The largest buyer was Raymond James Financial Services Advisors, adding an estimated $1M. The largest seller was Citadel Advisors, exiting entirely with an estimated $439K sold.
- 33 institutional investors held Lazard Global Total Return & Income Fund (LGI) as of Q3 2019, down from 37 in Q2 2019.
- Funds reported $37.3M of Lazard Global Total Return & Income Fund stock for Q3 2019, down 1.6% quarter-over-quarter.
- 0 funds opened new Lazard Global Total Return & Income Fund positions in Q3 2019 and 4 closed out, a net change of -4 holders.
- The largest Lazard Global Total Return & Income Fund buyer in Q3 2019 was Raymond James Financial Services Advisors, an estimated $1M added.
- The largest Lazard Global Total Return & Income Fund seller in Q3 2019 was Citadel Advisors, an estimated $439K sold.
Based on aggregated 13F filings for Q3 2019.