Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust
GBAB
42 hedge funds and large institutions have $80.9M invested in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust in 2019 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 17 increasing their positions, 7 reducing their positions, and 4 closing their positions.
143% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 7
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
2% more funds holding
Funds holding: 41 → 42 (+1)
0.01% more ownership
Funds ownership: 19.42% → 19.43% (+0.01%)
0% less capital invested
Capital invested by funds: $81.2M → $80.9M (-$261K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$1.81M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$845K |
| 3 |
AIP
Ahrens Investment Partners
Lafayette,
Louisiana
|
+$428K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$287K |
| 5 |
DAS
Dynamic Advisor Solutions
Phoenix,
Arizona
|
+$251K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$3.56M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$505K |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
-$325K |
| 4 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
-$216K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$82.6K |
GBAB Hedge Fund Activity: Q3 2019 in Review
42 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (GBAB) for Q3 2019, worth a combined $80.9M — down 0.32% from $81.2M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new GBAB positions and 4 closed out — a net gain of 1 holder — while 17 added to existing stakes and 7 trimmed.
The largest buyer was Raymond James Financial Services Advisors, adding an estimated $1.81M. The largest seller was Morgan Stanley, cutting an estimated $3.56M.
- 42 institutional investors held Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (GBAB) as of Q3 2019, up from 41 in Q2 2019.
- Funds reported $80.9M of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust stock for Q3 2019, down 0.32% quarter-over-quarter.
- 5 funds opened new Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust positions in Q3 2019 and 4 closed out, a net change of +1 holder.
- The largest Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust buyer in Q3 2019 was Raymond James Financial Services Advisors, an estimated $1.81M added.
- The largest Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust seller in Q3 2019 was Morgan Stanley, an estimated $3.56M sold.
Based on aggregated 13F filings for Q3 2019.