Lazard Global Total Return & Income Fund
LGI
40 hedge funds and large institutions have $57.7M invested in Lazard Global Total Return & Income Fund in 2024 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 11 increasing their positions, 16 reducing their positions, and 2 closing their positions.
250% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 2
11% more funds holding
Funds holding: 36 → 40 (+4)
2% less capital invested
Capital invested by funds: $58.9M → $57.7M (-$1.15M)
2.7% less ownership
Funds ownership: 27.17% → 24.47% (-2.7%)
31% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BEI
Benjamin Edwards Inc
Clayton,
Missouri
|
+$1.37M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$412K |
| 3 |
FHA
Flagship Harbor Advisors
Boston,
Massachusetts
|
+$272K |
| 4 |
WSFS
Wilmington Savings Fund Society
Wilmington,
Delaware
|
+$243K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$135K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$5.82M |
| 2 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$710K |
| 3 |
Invesco
Atlanta,
Georgia
|
-$256K |
| 4 |
Morgan Stanley
New York
|
-$134K |
| 5 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$120K |
LGI Hedge Fund Activity: Q3 2024 in Review
40 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Lazard Global Total Return & Income Fund (LGI) for Q3 2024, worth a combined $57.7M — down 2% from $58.9M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new LGI positions and 2 closed out — a net gain of 5 holders — while 11 added to existing stakes and 16 trimmed.
The largest buyer was Benjamin Edwards Inc, opening a new position worth an estimated $1.37M. The largest seller was Raymond James & Associates, cutting an estimated $5.82M.
- 40 institutional investors held Lazard Global Total Return & Income Fund (LGI) as of Q3 2024, up from 36 in Q2 2024.
- Funds reported $57.7M of Lazard Global Total Return & Income Fund stock for Q3 2024, down 2% quarter-over-quarter.
- 7 funds opened new Lazard Global Total Return & Income Fund positions in Q3 2024 and 2 closed out, a net change of +5 holders.
- The largest Lazard Global Total Return & Income Fund buyer in Q3 2024 was Benjamin Edwards Inc, an estimated $1.37M added.
- The largest Lazard Global Total Return & Income Fund seller in Q3 2024 was Raymond James & Associates, an estimated $5.82M sold.
Based on aggregated 13F filings for Q3 2024.