Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust
GBAB
37 hedge funds and large institutions have $74.7M invested in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust in 2016 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 14 increasing their positions, 6 reducing their positions, and 2 closing their positions.
300% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 2
133% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 6
19% more funds holding
Funds holding: 31 → 37 (+6)
6% more capital invested
Capital invested by funds: $70.7M → $74.7M (+$4.04M)
0.77% more ownership
Funds ownership: 10.95% → 11.72% (+0.77%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DA
Doliver Advisors
Houston,
Texas
|
+$2.46M |
| 2 |
Morgan Stanley
New York
|
+$2.13M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$854K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$562K |
| 5 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$374K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$3.65M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$813K |
| 3 |
ACM
Arlington Capital Management
Arlington Heights,
Illinois
|
-$607K |
| 4 |
LPL Financial
San Diego,
California
|
-$282K |
| 5 |
SPC
Sigma Planning Corp
Ann Arbor,
Michigan
|
-$46.3K |
GBAB Hedge Fund Activity: Q2 2016 in Review
37 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (GBAB) for Q2 2016, worth a combined $74.7M — up 5.7% from $70.7M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new GBAB positions and 2 closed out — a net gain of 6 holders — while 14 added to existing stakes and 6 trimmed.
The largest buyer was Doliver Advisors, opening a new position worth an estimated $2.46M. The largest seller was Wells Fargo, cutting an estimated $3.65M.
- 37 institutional investors held Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (GBAB) as of Q2 2016, up from 31 in Q1 2016.
- Funds reported $74.7M of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust stock for Q2 2016, up 5.7% quarter-over-quarter.
- 8 funds opened new Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust positions in Q2 2016 and 2 closed out, a net change of +6 holders.
- The largest Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust buyer in Q2 2016 was Doliver Advisors, an estimated $2.46M added.
- The largest Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust seller in Q2 2016 was Wells Fargo, an estimated $3.65M sold.
Based on aggregated 13F filings for Q2 2016.