Lazard Global Total Return & Income Fund
LGI
40 hedge funds and large institutions have $61M invested in Lazard Global Total Return & Income Fund in 2020 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 13 increasing their positions, 18 reducing their positions, and 4 closing their positions.
13% more capital invested
Capital invested by funds: $54.2M → $61M (+$6.83M)
0.53% less ownership
Funds ownership: 25.24% → 24.71% (-0.53%)
2% less funds holding
Funds holding: 41 → 40 (-1)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
28% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$587K |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$277K |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
+$277K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$224K |
| 5 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
+$221K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$683K |
| 2 |
Invesco
Atlanta,
Georgia
|
-$453K |
| 3 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$431K |
| 4 |
SKK
Shepherd Kaplan Krochuk
Boston,
Massachusetts
|
-$273K |
| 5 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$238K |
LGI Hedge Fund Activity: Q4 2020 in Review
40 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Lazard Global Total Return & Income Fund (LGI) for Q4 2020, worth a combined $61M — up 13% from $54.2M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of LGI and 3 opened new positions — a net loss of 1 holder — while 18 trimmed existing stakes and 13 added.
The largest buyer was Wells Fargo, adding an estimated $587K. The largest seller was 1607 Capital Partners, cutting an estimated $683K.
- 40 institutional investors held Lazard Global Total Return & Income Fund (LGI) as of Q4 2020, down from 41 in Q3 2020.
- Funds reported $61M of Lazard Global Total Return & Income Fund stock for Q4 2020, up 13% quarter-over-quarter.
- 3 funds opened new Lazard Global Total Return & Income Fund positions in Q4 2020 and 4 closed out, a net change of -1 holder.
- The largest Lazard Global Total Return & Income Fund buyer in Q4 2020 was Wells Fargo, an estimated $587K added.
- The largest Lazard Global Total Return & Income Fund seller in Q4 2020 was 1607 Capital Partners, an estimated $683K sold.
Based on aggregated 13F filings for Q4 2020.