Lazard Global Total Return & Income Fund
LGI
39 hedge funds and large institutions have $49M invested in Lazard Global Total Return & Income Fund in 2022 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 17 increasing their positions, 14 reducing their positions, and 6 closing their positions.
21% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 14
0.67% less ownership
Funds ownership: 21.69% → 21.02% (-0.67%)
9% less funds holding
Funds holding: 43 → 39 (-4)
14% less capital invested
Capital invested by funds: $57M → $49M (-$8.07M)
67% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.71M |
| 2 |
LPL Financial
San Diego,
California
|
+$418K |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$370K |
| 4 |
Invesco
Atlanta,
Georgia
|
+$282K |
| 5 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
+$236K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$1.59M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$735K |
| 3 |
Morgan Stanley
New York
|
-$662K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$533K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
-$496K |
LGI Hedge Fund Activity: Q1 2022 in Review
39 of the 6,360 institutional investors tracked by Wall St. Rank reported a position in Lazard Global Total Return & Income Fund (LGI) for Q1 2022, worth a combined $49M — down 14% from $57M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of LGI and 2 opened new positions — a net loss of 4 holders — while 14 trimmed existing stakes and 17 added.
The largest buyer was Raymond James & Associates, adding an estimated $1.71M. The largest seller was Shaker Financial Services, cutting an estimated $1.59M.
- 39 institutional investors held Lazard Global Total Return & Income Fund (LGI) as of Q1 2022, down from 43 in Q4 2021.
- Funds reported $49M of Lazard Global Total Return & Income Fund stock for Q1 2022, down 14% quarter-over-quarter.
- 2 funds opened new Lazard Global Total Return & Income Fund positions in Q1 2022 and 6 closed out, a net change of -4 holders.
- The largest Lazard Global Total Return & Income Fund buyer in Q1 2022 was Raymond James & Associates, an estimated $1.71M added.
- The largest Lazard Global Total Return & Income Fund seller in Q1 2022 was Shaker Financial Services, an estimated $1.59M sold.
Based on aggregated 13F filings for Q1 2022.