Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust
GBAB
53 hedge funds and large institutions have $92.2M invested in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust in 2021 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 25 increasing their positions, 15 reducing their positions, and 3 closing their positions.
327% more capital inflows, than outflows
Capital inflows: $12M | Capital outflows: $2.81M
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
67% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 15
2% more funds holding
Funds holding: 52 → 53 (+1)
1.32% more ownership
Funds ownership: 17.45% → 18.77% (+1.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$2.78M |
| 2 |
Morgan Stanley
New York
|
+$1.3M |
| 3 |
Goldman Sachs
New York
|
+$1.05M |
| 4 |
MML Investors Services
Springfield,
Massachusetts
|
+$857K |
| 5 |
Invesco
Atlanta,
Georgia
|
+$690K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Raymond James & Associates
St Petersburg,
Florida
|
-$537K |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
-$525K |
| 3 |
ELCO Management
New York
|
-$486K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$375K |
| 5 |
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$368K |
GBAB Hedge Fund Activity: Q3 2021 in Review
53 of the 5,731 institutional investors tracked by Wall St. Rank reported a position in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (GBAB) for Q3 2021, worth a combined $92.2M — up 6.7% from $86.4M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new GBAB positions and 3 closed out — a net gain of 2 holders — while 25 added to existing stakes and 15 trimmed.
The largest buyer was UBS Group, adding an estimated $2.78M. The largest seller was Raymond James & Associates, cutting an estimated $537K.
- 53 institutional investors held Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (GBAB) as of Q3 2021, up from 52 in Q2 2021.
- Funds reported $92.2M of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust stock for Q3 2021, up 6.7% quarter-over-quarter.
- 5 funds opened new Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust positions in Q3 2021 and 3 closed out, a net change of +2 holders.
- The largest Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust buyer in Q3 2021 was UBS Group, an estimated $2.78M added.
- The largest Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust seller in Q3 2021 was Raymond James & Associates, an estimated $537K sold.
Based on aggregated 13F filings for Q3 2021.