Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust
GBAB
38 hedge funds and large institutions have $77.2M invested in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust in 2018 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 12 increasing their positions, 13 reducing their positions, and 6 closing their positions.
0% more funds holding
Funds holding: 38 → 38 (0)
0% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 6
8% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 13
1.33% less ownership
Funds ownership: 21.52% → 20.2% (-1.3%)
52% less capital inflows, than outflows
Capital inflows: $4.43M | Capital outflows: $9.28M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.42M |
| 2 |
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$806K |
| 3 |
First Foundation Advisors
Irvine,
California
|
+$693K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$333K |
| 5 |
Busey Bank
Urbana,
Illinois
|
+$248K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$2.95M |
| 2 |
Sit Investment Associates
Minneapolis,
Minnesota
|
-$1.27M |
| 3 |
Whittier Trust
South Pasadena,
California
|
-$1.11M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$951K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$846K |
GBAB Hedge Fund Activity: Q4 2018 in Review
38 of the 4,506 institutional investors tracked by Wall St. Rank reported a position in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (GBAB) for Q4 2018, worth a combined $77.2M — down 3% from $79.5M a quarter earlier.
Fund positioning in GBAB was balanced in Q4 2018: 6 funds opened new positions, 6 closed out, 12 added to existing stakes and 13 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $1.42M. The largest seller was UBS Group, cutting an estimated $2.95M.
- 38 institutional investors held Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (GBAB) as of Q4 2018, unchanged from Q3 2018.
- Funds reported $77.2M of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust stock for Q4 2018, down 3% quarter-over-quarter.
- 6 funds opened new Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust positions in Q4 2018 and 6 closed out, a net change of 0 holders.
- The largest Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust buyer in Q4 2018 was Morgan Stanley, an estimated $1.42M added.
- The largest Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust seller in Q4 2018 was UBS Group, an estimated $2.95M sold.
Based on aggregated 13F filings for Q4 2018.