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LGI

Lazard Global Total Return & Income Fund

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.

New
Increased
Maintained
Reduced
Closed

7% more repeat investments, than reductions

Existing positions increased: 15 | Existing positions reduced: 14

0% more funds holding

Funds holding: 4242 (0)

0% more first-time investments, than exits

New positions opened: 6 | Existing positions closed: 6

1% less capital invested

Capital invested by funds: $54.8M → $54.5M (-$296K)

1.81% less ownership

Funds ownership: 27.49%25.68% (-1.8%)

Holders
42
Holders Change
Holders Change %
0%
% of All Funds
0.61%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
6
Increased
15
Reduced
14
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SCM
1
Saba Capital Management
New York
$12.9M +$9.41M +600,970 +315%
RJA
2
Raymond James & Associates
Florida
$8.04M -$1.71M -109,122 -18%
Morgan Stanley
3
Morgan Stanley
New York
$6.29M -$6.11M -390,028 -50%
LPL Financial
4
LPL Financial
California
$3.08M -$162K -10,322 -5%
IWC
5
Integrated Wealth Concepts
Massachusetts
$2.55M -$56.2K -3,589 -2%
CA
6
Cornerstone Advisors
North Carolina
$2.46M -$1.39M -88,636 -37%
AA
7
AQR Arbitrage
Connecticut
$2.08M +$222K +14,168 +12%
RJFSA
8
Raymond James Financial Services Advisors
Florida
$1.98M -$472K -30,136 -20%
UBS Group
9
UBS Group
Switzerland
$1.44M -$1.13M -71,994 -45%
RL
10
RPO LLC
Connecticut
$1.41M
Stifel Financial
11
Stifel Financial
Missouri
$1.38M +$44.5K +2,844 +3%
Wells Fargo
12
Wells Fargo
California
$1.3M +$242K +15,435 +24%
BFEC
13
Benjamin F. Edwards & Company
Missouri
$1.2M +$39.2K +2,503 +4%
Royal Bank of Canada
14
Royal Bank of Canada
Ontario, Canada
$981K -$20.3K -1,295 -2%
1CP
15
1607 Capital Partners
Virginia
$972K +$92.4K +5,900 +11%
LCM
16
Landscape Capital Management
New Jersey
$617K -$40.8K -2,605 -6%
Bank of America
17
Bank of America
North Carolina
$614K -$79.2K -5,057 -12%
Invesco
18
Invesco
Georgia
$586K +$152K +9,718 +37%
Wealth Enhancement Advisory Services
19
Wealth Enhancement Advisory Services
Minnesota
$468K +$1.11K +71 +0.2%
SPIA
20
Steward Partners Investment Advisory
New York
$460K +$6.26K +400 +1%
GC
21
Guggenheim Capital
Illinois
$364K -$97.2K -6,210 -22%
BRWA
22
B. Riley Wealth Advisors
Florida
$335K +$379K +24,178 New
NA
23
NewEdge Advisors
Louisiana
$333K +$37.6K +2,400 +13%
ERIC
24
Eagle Rock Investment Company
Georgia
$276K +$265K +16,903 New
Ameriprise
25
Ameriprise
Minnesota
$262K -$341K -21,773 -58%

LGI Hedge Fund Activity: Q1 2024 in Review

42 of the 6,942 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 — down 0.54% from $54.8M 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 Morgan Stanley, cutting an estimated $6.11M.

  • 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, down 0.54% 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 Morgan Stanley, an estimated $6.11M sold.

Based on aggregated 13F filings for Q1 2024.