Lazard Global Total Return & Income Fund
LGI
44 hedge funds and large institutions have $42.4M invested in Lazard Global Total Return & Income Fund in 2024 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 8 increasing their positions, 14 reducing their positions, and 4 closing their positions.
175% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 4
10% more funds holding
Funds holding: 40 → 44 (+4)
4.09% less ownership
Funds ownership: 24.47% → 20.38% (-4.1%)
27% less capital invested
Capital invested by funds: $57.7M → $42.4M (-$15.3M)
43% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$824K |
| 2 |
MA
Mezzasalma Advisors
Tinton Falls,
New Jersey
|
+$542K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$539K |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$527K |
| 5 |
Morgan Stanley
New York
|
+$268K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$10.4M |
| 2 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$503K |
| 3 |
BEI
Benjamin Edwards Inc
Clayton,
Missouri
|
-$201K |
| 4 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
-$129K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$110K |
LGI Hedge Fund Activity: Q4 2024 in Review
44 of the 7,607 institutional investors tracked by Wall St. Rank reported a position in Lazard Global Total Return & Income Fund (LGI) for Q4 2024, worth a combined $42.4M — down 27% from $57.7M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new LGI positions and 4 closed out — a net gain of 7 holders — while 8 added to existing stakes and 14 trimmed.
The largest buyer was Wolverine Asset Management, opening a new position worth an estimated $824K. The largest seller was Saba Capital Management, cutting an estimated $10.4M.
- 44 institutional investors held Lazard Global Total Return & Income Fund (LGI) as of Q4 2024, up from 40 in Q3 2024.
- Funds reported $42.4M of Lazard Global Total Return & Income Fund stock for Q4 2024, down 27% quarter-over-quarter.
- 11 funds opened new Lazard Global Total Return & Income Fund positions in Q4 2024 and 4 closed out, a net change of +7 holders.
- The largest Lazard Global Total Return & Income Fund buyer in Q4 2024 was Wolverine Asset Management, an estimated $824K added.
- The largest Lazard Global Total Return & Income Fund seller in Q4 2024 was Saba Capital Management, an estimated $10.4M sold.
Based on aggregated 13F filings for Q4 2024.