Lazard World Dividend & Income Fund, Inc.
LOR was delisted on the 3rd of December, 2019.
20 hedge funds and large institutions have $29.7M invested in Lazard World Dividend & Income Fund, Inc. in 2016 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 8 increasing their positions, 8 reducing their positions, and 6 closing their positions.
21% more capital invested
Capital invested by funds: $24.5M → $29.7M (+$5.11M)
0% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 8
23% less funds holding
Funds holding: 26 → 20 (-6)
83% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$6.54M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.08M |
| 3 |
SCM
Saba Capital Management
New York
|
+$567K |
| 4 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$367K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$216K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Matisse Capital
Portland,
Oregon
|
-$2.02M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$1.5M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.04M |
| 4 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$622K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$376K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Citigroup
New York
| – | -$4.84K | -500 | -100% |
|
LOR Hedge Fund Activity: Q3 2016 in Review
20 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Lazard World Dividend & Income Fund, Inc. (LOR) for Q3 2016, worth a combined $29.7M — up 21% from $24.5M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of LOR and 1 opened new positions — a net loss of 5 holders — while 8 trimmed existing stakes and 8 added.
The largest buyer was Karpus Investment Management, adding an estimated $6.54M. The largest seller was Matisse Capital, cutting an estimated $2.02M.
- 20 institutional investors held Lazard World Dividend & Income Fund, Inc. (LOR) as of Q3 2016, down from 26 in Q2 2016.
- Funds reported $29.7M of Lazard World Dividend & Income Fund, Inc. stock for Q3 2016, up 21% quarter-over-quarter.
- 1 fund opened new Lazard World Dividend & Income Fund, Inc. positions in Q3 2016 and 6 closed out, a net change of -5 holders.
- The largest Lazard World Dividend & Income Fund, Inc. buyer in Q3 2016 was Karpus Investment Management, an estimated $6.54M added.
- The largest Lazard World Dividend & Income Fund, Inc. seller in Q3 2016 was Matisse Capital, an estimated $2.02M sold.
Based on aggregated 13F filings for Q3 2016.