Lazard World Dividend & Income Fund, Inc.
LOR was delisted on the 3rd of December, 2019.
20 hedge funds and large institutions have $31.5M invested in Lazard World Dividend & Income Fund, Inc. in 2016 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 6 increasing their positions, 8 reducing their positions, and 2 closing their positions.
6% more capital invested
Capital invested by funds: $29.7M → $31.5M (+$1.83M)
3.5% more ownership
Funds ownership: 42.67% → 46.17% (+3.5%)
0% more funds holding
Funds holding: 20 → 20 (0)
0% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 2
25% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$3.06M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$2.93M |
| 3 |
Morgan Stanley
New York
|
+$465K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$88.4K |
| 5 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$73K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Matisse Capital
Portland,
Oregon
|
-$1.73M |
| 2 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$749K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$684K |
| 4 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$508K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$212K |
LOR Hedge Fund Activity: Q4 2016 in Review
20 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in Lazard World Dividend & Income Fund, Inc. (LOR) for Q4 2016, worth a combined $31.5M — up 6.2% from $29.7M a quarter earlier.
Fund positioning in LOR was balanced in Q4 2016: 2 funds opened new positions, 2 closed out, 6 added to existing stakes and 8 trimmed.
The largest buyer was Rivernorth Capital Management, opening a new position worth an estimated $3.06M. The largest seller was Matisse Capital, exiting entirely with an estimated $1.73M sold.
- 20 institutional investors held Lazard World Dividend & Income Fund, Inc. (LOR) as of Q4 2016, unchanged from Q3 2016.
- Funds reported $31.5M of Lazard World Dividend & Income Fund, Inc. stock for Q4 2016, up 6.2% quarter-over-quarter.
- 2 funds opened new Lazard World Dividend & Income Fund, Inc. positions in Q4 2016 and 2 closed out, a net change of 0 holders.
- The largest Lazard World Dividend & Income Fund, Inc. buyer in Q4 2016 was Rivernorth Capital Management, an estimated $3.06M added.
- The largest Lazard World Dividend & Income Fund, Inc. seller in Q4 2016 was Matisse Capital, an estimated $1.73M sold.
Based on aggregated 13F filings for Q4 2016.