Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust
GBAB
63 hedge funds and large institutions have $80.9M invested in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust in 2022 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 16 increasing their positions, 28 reducing their positions, and 5 closing their positions.
140% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 5
14% more capital invested
Capital invested by funds: $71M → $80.9M (+$9.94M)
11% more funds holding
Funds holding: 57 → 63 (+6)
1.74% more ownership
Funds ownership: 21.17% → 22.91% (+1.7%)
43% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 28
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$3.15M |
| 2 |
BI
Bramshill Investments
Naples,
Florida
|
+$1.7M |
| 3 |
XWM
Xcel Wealth Management
Holly Hill,
Florida
|
+$816K |
| 4 |
Invesco
Atlanta,
Georgia
|
+$536K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$518K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$911K |
| 2 |
Wells Fargo
San Francisco,
California
|
-$716K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$477K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$415K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$208K |
GBAB Hedge Fund Activity: Q4 2022 in Review
63 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (GBAB) for Q4 2022, worth a combined $80.9M — up 14% from $71M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new GBAB positions and 5 closed out — a net gain of 7 holders — while 16 added to existing stakes and 28 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $3.15M. The largest seller was Bank of America, cutting an estimated $911K.
- 63 institutional investors held Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (GBAB) as of Q4 2022, up from 57 in Q3 2022.
- Funds reported $80.9M of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust stock for Q4 2022, up 14% quarter-over-quarter.
- 12 funds opened new Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust positions in Q4 2022 and 5 closed out, a net change of +7 holders.
- The largest Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust buyer in Q4 2022 was Morgan Stanley, an estimated $3.15M added.
- The largest Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust seller in Q4 2022 was Bank of America, an estimated $911K sold.
Based on aggregated 13F filings for Q4 2022.