Lazard Global Total Return & Income Fund
LGI
36 hedge funds and large institutions have $58.9M invested in Lazard Global Total Return & Income Fund in 2024 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 12 increasing their positions, 16 reducing their positions, and 8 closing their positions.
8% more capital invested
Capital invested by funds: $54.5M → $58.9M (+$4.35M)
1.49% more ownership
Funds ownership: 25.68% → 27.17% (+1.5%)
14% less funds holding
Funds holding: 42 → 36 (-6)
25% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 16
75% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$7.64M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.56M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$212K |
| 4 |
BBPWM
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
|
+$154K |
| 5 |
Morgan Stanley
New York
|
+$138K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$2.32M |
| 2 |
RL
RPO LLC
Stamford,
Connecticut
|
-$1.41M |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$617K |
| 4 |
LPL Financial
San Diego,
California
|
-$507K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$453K |
LGI Hedge Fund Activity: Q2 2024 in Review
36 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Lazard Global Total Return & Income Fund (LGI) for Q2 2024, worth a combined $58.9M — up 8% from $54.5M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of LGI and 2 opened new positions — a net loss of 6 holders — while 16 trimmed existing stakes and 12 added.
The largest buyer was Saba Capital Management, adding an estimated $7.64M. The largest seller was Cornerstone Advisors, cutting an estimated $2.32M.
- 36 institutional investors held Lazard Global Total Return & Income Fund (LGI) as of Q2 2024, down from 42 in Q1 2024.
- Funds reported $58.9M of Lazard Global Total Return & Income Fund stock for Q2 2024, up 8% quarter-over-quarter.
- 2 funds opened new Lazard Global Total Return & Income Fund positions in Q2 2024 and 8 closed out, a net change of -6 holders.
- The largest Lazard Global Total Return & Income Fund buyer in Q2 2024 was Saba Capital Management, an estimated $7.64M added.
- The largest Lazard Global Total Return & Income Fund seller in Q2 2024 was Cornerstone Advisors, an estimated $2.32M sold.
Based on aggregated 13F filings for Q2 2024.