Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust
GBAB
52 hedge funds and large institutions have $76.4M invested in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust in 2021 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 25 increasing their positions, 10 reducing their positions, and 7 closing their positions.
150% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 10
0.2% more ownership
Funds ownership: 16.08% → 16.28% (+0.2%)
0% more funds holding
Funds holding: 52 → 52 (0)
0% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 7
4% less capital invested
Capital invested by funds: $79.7M → $76.4M (-$3.26M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACI
Alpha Cubed Investments
Irvine,
California
|
+$1.25M |
| 2 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$1.07M |
| 3 |
Morgan Stanley
New York
|
+$760K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$529K |
| 5 |
WSTAM
Wilbanks Smith & Thomas Asset Management
Norfolk,
Virginia
|
+$341K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$1.23M |
| 2 |
MML Investors Services
Springfield,
Massachusetts
|
-$515K |
| 3 |
CFG
Cooper Financial Group
Irvine,
California
|
-$331K |
| 4 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
-$253K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$233K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AWA
51
Arkadios Wealth Advisors
Atlanta,
Georgia
| $3K | -$1.41K | -58 | -29% |
|
|
PAM
52
Panagora Asset Management
Boston,
Massachusetts
| $1K | +$146 | +6 | +14% |
|
|
53
MML Investors Services
Springfield,
Massachusetts
| – | -$515K | -20,206 | Closed |
|
|
CFG
54
Cooper Financial Group
Irvine,
California
| – | -$331K | -12,999 | Closed |
|
|
55
Cetera Investment Advisers
Schaumburg,
Illinois
| – | -$253K | -9,910 | Closed |
|
|
FPCG
56
Fort Pitt Capital Group
Pittsburgh,
Pennsylvania
| – | -$23K | -900 | Closed |
|
|
FWM
57
FSA Wealth Management
Needham,
Massachusetts
| – | -$21K | -833 | Closed |
|
58
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$14K | -533 | Closed |
|
GBAB Hedge Fund Activity: Q1 2021 in Review
52 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (GBAB) for Q1 2021, worth a combined $76.4M — down 4.1% from $79.7M a quarter earlier.
Fund positioning in GBAB was balanced in Q1 2021: 7 funds opened new positions, 7 closed out, 25 added to existing stakes and 10 trimmed.
The largest buyer was Alpha Cubed Investments, adding an estimated $1.25M. The largest seller was Bank of America, cutting an estimated $1.23M.
- 52 institutional investors held Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (GBAB) as of Q1 2021, unchanged from Q4 2020.
- Funds reported $76.4M of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust stock for Q1 2021, down 4.1% quarter-over-quarter.
- 7 funds opened new Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust positions in Q1 2021 and 7 closed out, a net change of 0 holders.
- The largest Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust buyer in Q1 2021 was Alpha Cubed Investments, an estimated $1.25M added.
- The largest Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust seller in Q1 2021 was Bank of America, an estimated $1.23M sold.
Based on aggregated 13F filings for Q1 2021.