Lazard World Dividend & Income Fund, Inc.
LOR was delisted on the 3rd of December, 2019.
27 hedge funds and large institutions have $30.2M invested in Lazard World Dividend & Income Fund, Inc. in 2018 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 6 increasing their positions, 12 reducing their positions, and 1 closing their positions.
400% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 1
17% more funds holding
Funds holding: 23 → 27 (+4)
0.15% less ownership
Funds ownership: 42.33% → 42.18% (-0.15%)
10% less capital invested
Capital invested by funds: $33.5M → $30.2M (-$3.28M)
50% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$896K |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$586K |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$366K |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$337K |
| 5 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$308K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$1.85M |
| 2 |
SCM
Saba Capital Management
New York
|
-$357K |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$330K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$151K |
| 5 |
Morgan Stanley
New York
|
-$86.3K |
LOR Hedge Fund Activity: Q2 2018 in Review
27 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in Lazard World Dividend & Income Fund, Inc. (LOR) for Q2 2018, worth a combined $30.2M — down 9.8% from $33.5M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new LOR positions and 1 closed out — a net gain of 4 holders — while 6 added to existing stakes and 12 trimmed.
The largest buyer was Cetera Advisor Networks, opening a new position worth an estimated $896K. The largest seller was Raymond James & Associates, cutting an estimated $1.85M.
- 27 institutional investors held Lazard World Dividend & Income Fund, Inc. (LOR) as of Q2 2018, up from 23 in Q1 2018.
- Funds reported $30.2M of Lazard World Dividend & Income Fund, Inc. stock for Q2 2018, down 9.8% quarter-over-quarter.
- 5 funds opened new Lazard World Dividend & Income Fund, Inc. positions in Q2 2018 and 1 closed out, a net change of +4 holders.
- The largest Lazard World Dividend & Income Fund, Inc. buyer in Q2 2018 was Cetera Advisor Networks, an estimated $896K added.
- The largest Lazard World Dividend & Income Fund, Inc. seller in Q2 2018 was Raymond James & Associates, an estimated $1.85M sold.
Based on aggregated 13F filings for Q2 2018.