Lazard Global Total Return & Income Fund
LGI
42 hedge funds and large institutions have $54.8M invested in Lazard Global Total Return & Income Fund in 2023 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 12 increasing their positions, 18 reducing their positions, and 3 closing their positions.
32% more capital invested
Capital invested by funds: $41.5M → $54.8M (+$13.3M)
4.47% more ownership
Funds ownership: 23.03% → 27.49% (+4.5%)
0% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 3
2% less funds holding
Funds holding: 43 → 42 (-1)
33% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$5.86M |
| 2 |
SCM
Saba Capital Management
New York
|
+$2.54M |
| 3 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$1.09M |
| 4 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$757K |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$534K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$1.07M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$1.07M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$439K |
| 4 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
-$335K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$213K |
LGI Hedge Fund Activity: Q4 2023 in Review
42 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Lazard Global Total Return & Income Fund (LGI) for Q4 2023, worth a combined $54.8M — up 32% from $41.5M a quarter earlier.
Fund positioning in LGI was balanced in Q4 2023: 3 funds opened new positions, 3 closed out, 12 added to existing stakes and 18 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $5.86M. The largest seller was Ameriprise, cutting an estimated $1.07M.
- 42 institutional investors held Lazard Global Total Return & Income Fund (LGI) as of Q4 2023, down from 43 in Q3 2023.
- Funds reported $54.8M of Lazard Global Total Return & Income Fund stock for Q4 2023, up 32% quarter-over-quarter.
- 3 funds opened new Lazard Global Total Return & Income Fund positions in Q4 2023 and 3 closed out, a net change of 0 holders.
- The largest Lazard Global Total Return & Income Fund buyer in Q4 2023 was Morgan Stanley, an estimated $5.86M added.
- The largest Lazard Global Total Return & Income Fund seller in Q4 2023 was Ameriprise, an estimated $1.07M sold.
Based on aggregated 13F filings for Q4 2023.