Lazard World Dividend & Income Fund, Inc.
LOR was delisted on the 3rd of December, 2019.
30 hedge funds and large institutions have $27.5M invested in Lazard World Dividend & Income Fund, Inc. in 2018 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 10 increasing their positions, 8 reducing their positions, and 7 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 8
0% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 7
0.21% less ownership
Funds ownership: 47.2% → 46.99% (-0.21%)
3% less funds holding
Funds holding: 31 → 30 (-1)
19% less capital invested
Capital invested by funds: $33.8M → $27.5M (-$6.37M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.48M |
| 2 |
BFM
Boothbay Fund Management
New York
|
+$702K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$616K |
| 4 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$413K |
| 5 |
Morgan Stanley
New York
|
+$342K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$2.08M |
| 2 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$605K |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$554K |
| 4 |
BC
Brinker Capital
Berwyn,
Pennsylvania
|
-$476K |
| 5 |
Walleye Trading
New York
|
-$440K |
LOR Hedge Fund Activity: Q4 2018 in Review
30 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in Lazard World Dividend & Income Fund, Inc. (LOR) for Q4 2018, worth a combined $27.5M — down 19% from $33.8M a quarter earlier.
Fund positioning in LOR was balanced in Q4 2018: 7 funds opened new positions, 7 closed out, 10 added to existing stakes and 8 trimmed.
The largest buyer was Rivernorth Capital Management, adding an estimated $1.48M. The largest seller was Karpus Investment Management, cutting an estimated $2.08M.
- 30 institutional investors held Lazard World Dividend & Income Fund, Inc. (LOR) as of Q4 2018, down from 31 in Q3 2018.
- Funds reported $27.5M of Lazard World Dividend & Income Fund, Inc. stock for Q4 2018, down 19% quarter-over-quarter.
- 7 funds opened new Lazard World Dividend & Income Fund, Inc. positions in Q4 2018 and 7 closed out, a net change of 0 holders.
- The largest Lazard World Dividend & Income Fund, Inc. buyer in Q4 2018 was Rivernorth Capital Management, an estimated $1.48M added.
- The largest Lazard World Dividend & Income Fund, Inc. seller in Q4 2018 was Karpus Investment Management, an estimated $2.08M sold.
Based on aggregated 13F filings for Q4 2018.