Lazard Global Total Return & Income Fund
LGI
39 hedge funds and large institutions have $59.2M invested in Lazard Global Total Return & Income Fund in 2021 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 9 increasing their positions, 15 reducing their positions, and 5 closing their positions.
1.06% less ownership
Funds ownership: 24.71% → 23.66% (-1.1%)
3% less funds holding
Funds holding: 40 → 39 (-1)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
40% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 15
84% less capital inflows, than outflows
Capital inflows: $1.22M | Capital outflows: $7.63M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$1.04M |
| 2 |
LPL Financial
San Diego,
California
|
+$41.9K |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
+$28.3K |
| 4 |
Stonebridge Capital Advisors
St Paul,
Minnesota
|
+$24.6K |
| 5 |
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$19.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1607 Capital Partners
Richmond,
Virginia
|
-$4.41M |
| 2 |
AQR Arbitrage
Greenwich,
Connecticut
|
-$591K |
| 3 |
Invesco
Atlanta,
Georgia
|
-$567K |
| 4 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$523K |
| 5 |
Clough Capital Partners
Boston,
Massachusetts
|
-$430K |
LGI Hedge Fund Activity: Q1 2021 in Review
39 of the 5,714 institutional investors tracked by Wall St. Rank reported a position in Lazard Global Total Return & Income Fund (LGI) for Q1 2021, worth a combined $59.2M — down 3% from $61M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of LGI and 4 opened new positions — a net loss of 1 holder — while 15 trimmed existing stakes and 9 added.
The largest buyer was Ameriprise, opening a new position worth an estimated $1.04M. The largest seller was 1607 Capital Partners, cutting an estimated $4.41M.
- 39 institutional investors held Lazard Global Total Return & Income Fund (LGI) as of Q1 2021, down from 40 in Q4 2020.
- Funds reported $59.2M of Lazard Global Total Return & Income Fund stock for Q1 2021, down 3% quarter-over-quarter.
- 4 funds opened new Lazard Global Total Return & Income Fund positions in Q1 2021 and 5 closed out, a net change of -1 holder.
- The largest Lazard Global Total Return & Income Fund buyer in Q1 2021 was Ameriprise, an estimated $1.04M added.
- The largest Lazard Global Total Return & Income Fund seller in Q1 2021 was 1607 Capital Partners, an estimated $4.41M sold.
Based on aggregated 13F filings for Q1 2021.