Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust
GBAB
36 hedge funds and large institutions have $85.4M invested in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust in 2017 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 14 increasing their positions, 6 reducing their positions, and 1 closing their positions.
394% more capital inflows, than outflows
Capital inflows: $4.3M | Capital outflows: $870K
133% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 6
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
3% more funds holding
Funds holding: 35 → 36 (+1)
0.85% more ownership
Funds ownership: 20.7% → 21.55% (+0.85%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2.52M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$825K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$345K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$234K |
| 5 |
SG Americas Securities
New York
|
+$140K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$333K |
| 2 |
LPL Financial
San Diego,
California
|
-$318K |
| 3 |
USCA RIA
Houston,
Texas
|
-$102K |
| 4 |
Raymond James & Associates
St Petersburg,
Florida
|
-$67.3K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
-$44.6K |
GBAB Hedge Fund Activity: Q2 2017 in Review
36 of the 4,023 institutional investors tracked by Wall St. Rank reported a position in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (GBAB) for Q2 2017, worth a combined $85.4M — up 6.5% from $80.2M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new GBAB positions and 1 closed out — a net gain of 1 holder — while 14 added to existing stakes and 6 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $2.52M. The largest seller was Invesco, cutting an estimated $333K.
- 36 institutional investors held Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (GBAB) as of Q2 2017, up from 35 in Q1 2017.
- Funds reported $85.4M of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust stock for Q2 2017, up 6.5% quarter-over-quarter.
- 2 funds opened new Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust positions in Q2 2017 and 1 closed out, a net change of +1 holder.
- The largest Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust buyer in Q2 2017 was Morgan Stanley, an estimated $2.52M added.
- The largest Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust seller in Q2 2017 was Invesco, an estimated $333K sold.
Based on aggregated 13F filings for Q2 2017.