Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust
GBAB
36 hedge funds and large institutions have $85.5M invested in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust in 2017 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 12 increasing their positions, 10 reducing their positions, and 4 closing their positions.
20% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 10
0% more capital invested
Capital invested by funds: $85.4M → $85.5M (+$125K)
0% more funds holding
Funds holding: 36 → 36 (0)
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
0.01% less ownership
Funds ownership: 21.55% → 21.54% (-0.01%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.14M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$422K |
| 3 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
+$276K |
| 4 |
LCM
Laurion Capital Management
New York
|
+$226K |
| 5 |
RJT
Raymond James Trust
St. Petersburg,
Florida
|
+$211K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$1.05M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$518K |
| 3 |
Invesco
Atlanta,
Georgia
|
-$320K |
| 4 |
SAM
SignalPoint Asset Management
Springfield,
Missouri
|
-$290K |
| 5 |
ACM
Ashford Capital Management
Wilmington,
Delaware
|
-$288K |
GBAB Hedge Fund Activity: Q3 2017 in Review
36 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (GBAB) for Q3 2017, worth a combined $85.5M — up 0.15% from $85.4M a quarter earlier.
Fund positioning in GBAB was balanced in Q3 2017: 4 funds opened new positions, 4 closed out, 12 added to existing stakes and 10 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $1.14M. The largest seller was Sit Investment Associates, cutting an estimated $1.05M.
- 36 institutional investors held Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (GBAB) as of Q3 2017, unchanged from Q2 2017.
- Funds reported $85.5M of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust stock for Q3 2017, up 0.15% quarter-over-quarter.
- 4 funds opened new Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust positions in Q3 2017 and 4 closed out, a net change of 0 holders.
- The largest Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust buyer in Q3 2017 was Morgan Stanley, an estimated $1.14M added.
- The largest Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust seller in Q3 2017 was Sit Investment Associates, an estimated $1.05M sold.
Based on aggregated 13F filings for Q3 2017.