Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust
GBAB
52 hedge funds and large institutions have $86.4M invested in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust in 2021 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 25 increasing their positions, 15 reducing their positions, and 3 closing their positions.
67% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 15
13% more capital invested
Capital invested by funds: $76.4M → $86.4M (+$9.98M)
1.17% more ownership
Funds ownership: 16.28% → 17.45% (+1.2%)
0% more funds holding
Funds holding: 52 → 52 (0)
0% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$2.27M |
| 2 |
Morgan Stanley
New York
|
+$1.08M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$635K |
| 4 |
Rockefeller Capital Management
New York
|
+$525K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$416K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$1.96M |
| 2 |
BB
Busey Bank
Urbana,
Illinois
|
-$257K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$214K |
| 4 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
-$97K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$81K |
GBAB Hedge Fund Activity: Q2 2021 in Review
52 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (GBAB) for Q2 2021, worth a combined $86.4M — up 13% from $76.4M a quarter earlier.
Fund positioning in GBAB was balanced in Q2 2021: 3 funds opened new positions, 3 closed out, 25 added to existing stakes and 15 trimmed.
The largest buyer was UBS Group, adding an estimated $2.27M. The largest seller was Bank of America, cutting an estimated $1.96M.
- 52 institutional investors held Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (GBAB) as of Q2 2021, unchanged from Q1 2021.
- Funds reported $86.4M of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust stock for Q2 2021, up 13% quarter-over-quarter.
- 3 funds opened new Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust positions in Q2 2021 and 3 closed out, a net change of 0 holders.
- The largest Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust buyer in Q2 2021 was UBS Group, an estimated $2.27M added.
- The largest Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust seller in Q2 2021 was Bank of America, an estimated $1.96M sold.
Based on aggregated 13F filings for Q2 2021.