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GBAB

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust

57 hedge funds and large institutions have $71M invested in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust in 2022 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 20 increasing their positions, 20 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

8% more capital invested

Capital invested by funds: $65.5M → $71M (+$5.48M)

4.1% more ownership

Funds ownership: 17.07%21.17% (+4.1%)

0% more repeat investments, than reductions

Existing positions increased: 20 | Existing positions reduced: 20

8% less funds holding

Funds holding: 6257 (-5)

40% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 10

Holders
57
Holders Change
-5
Holders Change %
-8.06%
% of All Funds
0.98%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
6
Increased
20
Reduced
20
Closed
10
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$13.5M +$2.22M +124,813 +17%
GC
2
Guggenheim Capital
Illinois
$11.6M +$13.4M +751,061 New
UBS Group
3
UBS Group
Switzerland
$5.32M -$886K -49,790 -13%
Bank of America
4
Bank of America
North Carolina
$4.46M -$455K -25,572 -8%
Janney Montgomery Scott
5
Janney Montgomery Scott
Pennsylvania
$3.09M +$1.75M +98,477 +97%
RJA
6
Raymond James & Associates
Florida
$2.68M +$147K +8,259 +5%
Wells Fargo
7
Wells Fargo
California
$2.65M -$510K -28,647 -14%
Invesco
8
Invesco
Georgia
$2.57M +$219K +12,281 +8%
Royal Bank of Canada
9
Royal Bank of Canada
Ontario, Canada
$2.44M +$13.2K +740 +0.5%
USCWA
10
U.S. Capital Wealth Advisors
Texas
$1.7M +$90.1K +5,065 +5%
LPL Financial
11
LPL Financial
California
$1.61M -$212K -11,897 -10%
Fiera Capital (Canada)
12
Fiera Capital (Canada)
Quebec, Canada
$1.61M -$4.16K -234 -0.2%
RCG
13
Regatta Capital Group
California
$1.25M +$330K +18,545 +36%
KC
14
Kenfarb & Co
Kentucky
$1.2M -$117K -6,565 -8%
ACI
15
Alpha Cubed Investments
California
$1.15M
MMA
16
Miracle Mile Advisors
California
$1.08M -$8.9K -500 -0.7%
DJYG
17
David J. Yvars Group
Florida
$875K -$552 -31 -0.1%
WAM
18
Walker Asset Management
Missouri
$814K
BW
19
Bison Wealth
Georgia
$798K +$54K +3,033 +6%
WS
20
Wedbush Securities
California
$761K +$21.4K +1,202 +2%
RJFSA
21
Raymond James Financial Services Advisors
Florida
$741K +$48.7K +2,735 +6%
Osaic Holdings
22
Osaic Holdings
Arizona
$642K -$11.5K -644 -2%
WT
23
Whittier Trust
California
$628K -$979 -55 -0.1%
SIA
24
Sit Investment Associates
Minnesota
$535K +$618K +34,724 New
DAS
25
Dynamic Advisor Solutions
Arizona
$514K -$14K -788 -2%

GBAB Hedge Fund Activity: Q3 2022 in Review

57 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (GBAB) for Q3 2022, worth a combined $71M — up 8.4% from $65.5M a quarter earlier.

Sellers outnumbered buyers: 10 funds closed out of GBAB and 6 opened new positions — a net loss of 4 holders — while 20 trimmed existing stakes and 20 added.

The largest buyer was Guggenheim Capital, opening a new position worth an estimated $13.4M. The largest seller was UBS Group, cutting an estimated $886K.

  • 57 institutional investors held Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (GBAB) as of Q3 2022, down from 62 in Q2 2022.
  • Funds reported $71M of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust stock for Q3 2022, up 8.4% quarter-over-quarter.
  • 6 funds opened new Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust positions in Q3 2022 and 10 closed out, a net change of -4 holders.
  • The largest Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust buyer in Q3 2022 was Guggenheim Capital, an estimated $13.4M added.
  • The largest Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust seller in Q3 2022 was UBS Group, an estimated $886K sold.

Based on aggregated 13F filings for Q3 2022.