Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust
GBAB
30 hedge funds and large institutions have $82.4M invested in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust in 2014 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 8 increasing their positions, 8 reducing their positions, and 6 closing their positions.
17% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 6
2% more capital invested
Capital invested by funds: $80.4M → $82.4M (+$1.96M)
0% more funds holding
Funds holding: 30 → 30 (0)
0% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 8
0.34% less ownership
Funds ownership: 15.04% → 14.7% (-0.34%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$2.09M |
| 2 |
ACM
Ashford Capital Management
Wilmington,
Delaware
|
+$1.18M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$921K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$480K |
| 5 |
SG Americas Securities
New York
|
+$337K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$2.94M |
| 2 |
Morgan Stanley
New York
|
-$2.92M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$505K |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
-$223K |
| 5 |
LPL Financial
San Diego,
California
|
-$203K |
GBAB Hedge Fund Activity: Q4 2014 in Review
30 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (GBAB) for Q4 2014, worth a combined $82.4M — up 2.4% from $80.4M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new GBAB positions and 6 closed out — a net gain of 1 holder — while 8 added to existing stakes and 8 trimmed.
The largest buyer was Wells Fargo, adding an estimated $2.09M. The largest seller was Sit Investment Associates, exiting entirely with an estimated $2.94M sold.
- 30 institutional investors held Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (GBAB) as of Q4 2014, unchanged from Q3 2014.
- Funds reported $82.4M of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust stock for Q4 2014, up 2.4% quarter-over-quarter.
- 7 funds opened new Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust positions in Q4 2014 and 6 closed out, a net change of +1 holder.
- The largest Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust buyer in Q4 2014 was Wells Fargo, an estimated $2.09M added.
- The largest Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust seller in Q4 2014 was Sit Investment Associates, an estimated $2.94M sold.
Based on aggregated 13F filings for Q4 2014.