Lazard World Dividend & Income Fund, Inc.
LOR was delisted on the 3rd of December, 2019.
23 hedge funds and large institutions have $33.5M invested in Lazard World Dividend & Income Fund, Inc. in 2018 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 4 increasing their positions, 12 reducing their positions, and 5 closing their positions.
8% less funds holding
Funds holding: 25 → 23 (-2)
9% less capital invested
Capital invested by funds: $36.9M → $33.5M (-$3.4M)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
67% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$352K |
| 2 |
Walleye Trading
New York
|
+$246K |
| 3 |
WP
WealthPLAN Partners
Omaha,
Nebraska
|
+$181K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$156K |
| 5 |
RVPG
Relative Value Partners Group
|
+$93.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.32M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$1.23M |
| 3 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$982K |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$557K |
| 5 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$224K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SWP
26
Stratos Wealth Partners
Beachwood,
Ohio
| – | -$2K | -200 | Closed |
|
27
SEI Investments
Oaks,
Pennsylvania
| – | -$2K | -178 | Closed |
|
LOR Hedge Fund Activity: Q1 2018 in Review
23 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Lazard World Dividend & Income Fund, Inc. (LOR) for Q1 2018, worth a combined $33.5M — down 9.2% from $36.9M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of LOR and 3 opened new positions — a net loss of 2 holders — while 12 trimmed existing stakes and 4 added.
The largest buyer was Bulldog Investors, adding an estimated $352K. The largest seller was Rivernorth Capital Management, cutting an estimated $1.32M.
- 23 institutional investors held Lazard World Dividend & Income Fund, Inc. (LOR) as of Q1 2018, down from 25 in Q4 2017.
- Funds reported $33.5M of Lazard World Dividend & Income Fund, Inc. stock for Q1 2018, down 9.2% quarter-over-quarter.
- 3 funds opened new Lazard World Dividend & Income Fund, Inc. positions in Q1 2018 and 5 closed out, a net change of -2 holders.
- The largest Lazard World Dividend & Income Fund, Inc. buyer in Q1 2018 was Bulldog Investors, an estimated $352K added.
- The largest Lazard World Dividend & Income Fund, Inc. seller in Q1 2018 was Rivernorth Capital Management, an estimated $1.32M sold.
Based on aggregated 13F filings for Q1 2018.