Lazard Global Total Return & Income Fund
LGI
41 hedge funds and large institutions have $36.8M invested in Lazard Global Total Return & Income Fund in 2025 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 16 increasing their positions, 13 reducing their positions, and 5 closing their positions.
23% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 13
2.05% less ownership
Funds ownership: 20.38% → 18.34% (-2%)
7% less funds holding
Funds holding: 44 → 41 (-3)
13% less capital invested
Capital invested by funds: $42.4M → $36.8M (-$5.64M)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$2.35M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$2.25M |
| 3 |
SA
Strategic Advocates
Logan,
Utah
|
+$913K |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$718K |
| 5 |
Morgan Stanley
New York
|
+$654K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$8.03M |
| 2 |
Raymond James Financial
St Petersburg,
Florida
|
-$1.88M |
| 3 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$815K |
| 4 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$745K |
| 5 |
SA
Sanctuary Advisors
Indianapolis,
Indiana
|
-$710K |
LGI Hedge Fund Activity: Q1 2025 in Review
41 of the 7,471 institutional investors tracked by Wall St. Rank reported a position in Lazard Global Total Return & Income Fund (LGI) for Q1 2025, worth a combined $36.8M — down 13% from $42.4M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of LGI and 3 opened new positions — a net loss of 2 holders — while 13 trimmed existing stakes and 16 added.
The largest buyer was Wolverine Asset Management, adding an estimated $2.35M. The largest seller was Saba Capital Management, cutting an estimated $8.03M.
- 41 institutional investors held Lazard Global Total Return & Income Fund (LGI) as of Q1 2025, down from 44 in Q4 2024.
- Funds reported $36.8M of Lazard Global Total Return & Income Fund stock for Q1 2025, down 13% quarter-over-quarter.
- 3 funds opened new Lazard Global Total Return & Income Fund positions in Q1 2025 and 5 closed out, a net change of -2 holders.
- The largest Lazard Global Total Return & Income Fund buyer in Q1 2025 was Wolverine Asset Management, an estimated $2.35M added.
- The largest Lazard Global Total Return & Income Fund seller in Q1 2025 was Saba Capital Management, an estimated $8.03M sold.
Based on aggregated 13F filings for Q1 2025.