Lazard World Dividend & Income Fund, Inc.
LOR was delisted on the 3rd of December, 2019.
24 hedge funds and large institutions have $36.1M invested in Lazard World Dividend & Income Fund, Inc. in 2017 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 9 increasing their positions, 6 reducing their positions, and 1 closing their positions.
500% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 1
50% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 6
20% more funds holding
Funds holding: 20 → 24 (+4)
15% more capital invested
Capital invested by funds: $31.5M → $36.1M (+$4.6M)
3.07% more ownership
Funds ownership: 46.17% → 49.24% (+3.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$1.71M |
| 2 |
BC
Brinker Capital
Berwyn,
Pennsylvania
|
+$669K |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
+$663K |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$442K |
| 5 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$254K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
-$1.58M |
| 2 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$136K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$89.6K |
| 4 |
Morgan Stanley
New York
|
-$65.7K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$62.9K |
LOR Hedge Fund Activity: Q1 2017 in Review
24 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in Lazard World Dividend & Income Fund, Inc. (LOR) for Q1 2017, worth a combined $36.1M — up 15% from $31.5M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new LOR positions and 1 closed out — a net gain of 5 holders — while 9 added to existing stakes and 6 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $1.71M. The largest seller was Financial & Investment Management Group, cutting an estimated $1.58M.
- 24 institutional investors held Lazard World Dividend & Income Fund, Inc. (LOR) as of Q1 2017, up from 20 in Q4 2016.
- Funds reported $36.1M of Lazard World Dividend & Income Fund, Inc. stock for Q1 2017, up 15% quarter-over-quarter.
- 6 funds opened new Lazard World Dividend & Income Fund, Inc. positions in Q1 2017 and 1 closed out, a net change of +5 holders.
- The largest Lazard World Dividend & Income Fund, Inc. buyer in Q1 2017 was Karpus Investment Management, an estimated $1.71M added.
- The largest Lazard World Dividend & Income Fund, Inc. seller in Q1 2017 was Financial & Investment Management Group, an estimated $1.58M sold.
Based on aggregated 13F filings for Q1 2017.