Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust
GBAB
36 hedge funds and large institutions have $81.5M invested in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust in 2018 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 17 increasing their positions, 5 reducing their positions, and 2 closing their positions.
240% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 5
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
6% more funds holding
Funds holding: 34 → 36 (+2)
0.37% less ownership
Funds ownership: 21.93% → 21.56% (-0.37%)
1% less capital invested
Capital invested by funds: $82.1M → $81.5M (-$690K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$932K |
| 2 |
Wells Fargo
San Francisco,
California
|
+$913K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$318K |
| 4 |
LCM
Laurion Capital Management
New York
|
+$230K |
| 5 |
OA
Oxbow Advisors
Austin,
Texas
|
+$214K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$1.81M |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
-$1.04M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$782K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$503K |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
-$270K |
GBAB Hedge Fund Activity: Q2 2018 in Review
36 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (GBAB) for Q2 2018, worth a combined $81.5M — down 0.84% from $82.1M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new GBAB positions and 2 closed out — a net gain of 2 holders — while 17 added to existing stakes and 5 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $932K. The largest seller was Sit Investment Associates, cutting an estimated $1.81M.
- 36 institutional investors held Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (GBAB) as of Q2 2018, up from 34 in Q1 2018.
- Funds reported $81.5M of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust stock for Q2 2018, down 0.84% quarter-over-quarter.
- 4 funds opened new Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust positions in Q2 2018 and 2 closed out, a net change of +2 holders.
- The largest Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust buyer in Q2 2018 was Morgan Stanley, an estimated $932K added.
- The largest Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust seller in Q2 2018 was Sit Investment Associates, an estimated $1.81M sold.
Based on aggregated 13F filings for Q2 2018.