Lazard World Dividend & Income Fund, Inc.
LOR was delisted on the 3rd of December, 2019.
27 hedge funds and large institutions have $24M invested in Lazard World Dividend & Income Fund, Inc. in 2016 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 11 increasing their positions, 8 reducing their positions, and 2 closing their positions.
150% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 2
38% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 8
13% more funds holding
Funds holding: 24 → 27 (+3)
9% more capital invested
Capital invested by funds: $22M → $24M (+$2.06M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$1.32M |
| 2 |
MC
Matisse Capital
Portland,
Oregon
|
+$828K |
| 3 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
+$448K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$382K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$287K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$800K |
| 2 |
Wells Fargo
San Francisco,
California
|
-$706K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$322K |
| 4 |
SG Americas Securities
New York
|
-$155K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$77.3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MFS
26
MSI Financial Services
Springfield,
Massachusetts
| $1K | +$275 | +33 | +143% |
|
|
27
Geode Capital Management
Boston,
Massachusetts
| $310 | +$287K | +34,438 | New |
|
|
28
SG Americas Securities
New York
| – | -$155K | -17,022 | Closed |
|
|
AIG
29
American International Group
New York
| – | -$9K | -1,000 | Closed |
|
LOR Hedge Fund Activity: Q1 2016 in Review
27 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in Lazard World Dividend & Income Fund, Inc. (LOR) for Q1 2016, worth a combined $24M — up 9.4% from $22M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new LOR positions and 2 closed out — a net gain of 3 holders — while 11 added to existing stakes and 8 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $1.32M. The largest seller was UBS Group, cutting an estimated $800K.
- 27 institutional investors held Lazard World Dividend & Income Fund, Inc. (LOR) as of Q1 2016, up from 24 in Q4 2015.
- Funds reported $24M of Lazard World Dividend & Income Fund, Inc. stock for Q1 2016, up 9.4% quarter-over-quarter.
- 5 funds opened new Lazard World Dividend & Income Fund, Inc. positions in Q1 2016 and 2 closed out, a net change of +3 holders.
- The largest Lazard World Dividend & Income Fund, Inc. buyer in Q1 2016 was Karpus Investment Management, an estimated $1.32M added.
- The largest Lazard World Dividend & Income Fund, Inc. seller in Q1 2016 was UBS Group, an estimated $800K sold.
Based on aggregated 13F filings for Q1 2016.