Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust
GBAB
62 hedge funds and large institutions have $65.5M invested in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust in 2022 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 16 increasing their positions, 21 reducing their positions, and 5 closing their positions.
100% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 5
9% more funds holding
Funds holding: 57 → 62 (+5)
0.82% more ownership
Funds ownership: 16.26% → 17.07% (+0.82%)
7% less capital invested
Capital invested by funds: $70.1M → $65.5M (-$4.6M)
24% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$4.44M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$1.45M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$739K |
| 4 |
BRWM
B. Riley Wealth Management
Memphis,
Tennessee
|
+$476K |
| 5 |
AP
Americana Partners
Houston,
Texas
|
+$457K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$1.09M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$816K |
| 3 |
Rockefeller Capital Management
New York
|
-$642K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
-$424K |
| 5 |
EM
ELCO Management
New York
|
-$402K |
GBAB Hedge Fund Activity: Q2 2022 in Review
62 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (GBAB) for Q2 2022, worth a combined $65.5M — down 6.6% from $70.1M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new GBAB positions and 5 closed out — a net gain of 5 holders — while 16 added to existing stakes and 21 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $4.44M. The largest seller was Invesco, cutting an estimated $1.09M.
- 62 institutional investors held Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (GBAB) as of Q2 2022, up from 57 in Q1 2022.
- Funds reported $65.5M of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust stock for Q2 2022, down 6.6% quarter-over-quarter.
- 10 funds opened new Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust positions in Q2 2022 and 5 closed out, a net change of +5 holders.
- The largest Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust buyer in Q2 2022 was Morgan Stanley, an estimated $4.44M added.
- The largest Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust seller in Q2 2022 was Invesco, an estimated $1.09M sold.
Based on aggregated 13F filings for Q2 2022.