Lazard Global Total Return & Income Fund
LGI
42 hedge funds and large institutions have $54.5M invested in Lazard Global Total Return & Income Fund in 2024 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 15 increasing their positions, 14 reducing their positions, and 6 closing their positions.
12% more capital invested
Capital invested by funds: $48.9M → $54.5M (+$5.64M)
1.17% more ownership
Funds ownership: 24.52% → 25.68% (+1.2%)
7% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 14
0% more funds holding
Funds holding: 42 → 42 (0)
0% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$9.41M |
| 2 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
+$379K |
| 3 |
ERIC
Eagle Rock Investment Company
Atlanta,
Georgia
|
+$265K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$242K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$224K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.92M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$1.71M |
| 3 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$1.39M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$1.13M |
| 5 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
-$475K |
LGI Hedge Fund Activity: Q1 2024 in Review
42 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Lazard Global Total Return & Income Fund (LGI) for Q1 2024, worth a combined $54.5M — up 12% from $48.9M a quarter earlier.
Fund positioning in LGI was balanced in Q1 2024: 6 funds opened new positions, 6 closed out, 15 added to existing stakes and 14 trimmed.
The largest buyer was Saba Capital Management, adding an estimated $9.41M. The largest seller was Wolverine Asset Management, exiting entirely with an estimated $1.92M sold.
- 42 institutional investors held Lazard Global Total Return & Income Fund (LGI) as of Q1 2024, unchanged from Q4 2023.
- Funds reported $54.5M of Lazard Global Total Return & Income Fund stock for Q1 2024, up 12% quarter-over-quarter.
- 6 funds opened new Lazard Global Total Return & Income Fund positions in Q1 2024 and 6 closed out, a net change of 0 holders.
- The largest Lazard Global Total Return & Income Fund buyer in Q1 2024 was Saba Capital Management, an estimated $9.41M added.
- The largest Lazard Global Total Return & Income Fund seller in Q1 2024 was Wolverine Asset Management, an estimated $1.92M sold.
Based on aggregated 13F filings for Q1 2024.