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GBAB

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust
GBAB

63 hedge funds and large institutions have $87.5M invested in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust in 2023 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 26 increasing their positions, 16 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

63% more repeat investments, than reductions

Existing positions increased: 26 | Existing positions reduced: 16

14% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 7

8% more capital invested

Capital invested by funds: $80.9M → $87.5M (+$6.62M)

0.85% more ownership

Funds ownership: 22.91% → 23.76% (+0.85%)

0% more funds holding

Funds holding: 63 → 63 (0)

Holders
63
Holders Change
–
Holders Change %
0%
% of All Funds
1%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
8
Increased
26
Reduced
16
Closed
7
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
Morgan Stanley
Morgan Stanley
New York
+$1.82M
2
LPL Financial
LPL Financial
California
+$1.39M
3
Stifel Financial
Stifel Financial
Missouri
+$703K
4
Janney Montgomery Scott
Janney Montgomery Scott
Pennsylvania
+$549K
5
Bank of Montreal
Bank of Montreal
Ontario, Canada
+$384K

Top Sellers

1
ACI
Alpha Cubed Investments
California
-$1.08M
2
Invesco
Invesco
Georgia
-$628K
3
PPP
Private Portfolio Partners
New Jersey
-$266K
4
VF
Virtu Financial
New York
-$258K
5
Susquehanna International Group
Susquehanna International Group
Pennsylvania
-$242K
Name Holding Trade Value Shares
Change 		Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$20.1M +$1.82M +106,802 +10%
GC
2
Guggenheim Capital
Illinois
$13M – – –
UBS Group
3
UBS Group
Switzerland
$5.86M +$196K +11,466 +3%
Janney Montgomery Scott
4
Janney Montgomery Scott
Pennsylvania
$4.11M +$549K +32,158 +15%
Bank of America
5
Bank of America
North Carolina
$4M +$37.7K +2,210 +1%
LPL Financial
6
LPL Financial
California
$2.99M +$1.39M +81,391 +86%
Invesco
7
Invesco
Georgia
$2.78M -$628K -36,804 -18%
RJA
8
Raymond James & Associates
Florida
$2.4M -$54.2K -3,173 -2%
Royal Bank of Canada
9
Royal Bank of Canada
Ontario, Canada
$2.33M +$78.5K +4,597 +3%
IPW
10
Invictus Private Wealth
Colorado
$2.11M +$102K +5,978 +5%
Wells Fargo
11
Wells Fargo
California
$2.01M -$160K -9,355 -7%
Fiera Capital (Canada)
12
Fiera Capital (Canada)
Quebec, Canada
$1.84M -$34.5K -2,023 -2%
BI
13
Bramshill Investments
Florida
$1.84M +$32.8K +1,919 +2%
USCWA
14
U.S. Capital Wealth Advisors
Texas
$1.75M -$216K -12,668 -11%
RCG
15
Regatta Capital Group
California
$1.41M – – –
Osaic Holdings
16
Osaic Holdings
Arizona
$1.37M +$118K +6,890 +9%
KC
17
Kenfarb & Co
Kentucky
$1.26M -$52.9K -3,100 -4%
XWM
18
Xcel Wealth Management
Florida
$1.17M +$301K +17,632 +35%
Stifel Financial
19
Stifel Financial
Missouri
$1.12M +$703K +41,143 +167%
MMA
20
Miracle Mile Advisors
California
$1.06M -$92.5K -5,417 -8%
WS
21
Wedbush Securities
California
$906K +$3.64K +213 +0.4%
WAM
22
Walker Asset Management
Missouri
$861K – – –
RJFSA
23
Raymond James Financial Services Advisors
Florida
$821K +$25.4K +1,487 +3%
DJYG
24
David J. Yvars Group
Florida
$811K -$82.1K -4,807 -9%
BW
25
Bison Wealth
Georgia
$719K -$85.5K -5,007 -11%
1
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GBAB Hedge Fund Activity: Q1 2023 in Review

63 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (GBAB) for Q1 2023, worth a combined $87.5M — up 8.2% from $80.9M a quarter earlier.

Buyers outnumbered sellers: 8 funds opened new GBAB positions and 7 closed out — a net gain of 1 holder — while 26 added to existing stakes and 16 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $1.82M. The largest seller was Alpha Cubed Investments, exiting entirely with an estimated $1.08M sold.

  • 63 institutional investors held Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (GBAB) as of Q1 2023, unchanged from Q4 2022.
  • Funds reported $87.5M of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust stock for Q1 2023, up 8.2% quarter-over-quarter.
  • 8 funds opened new Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust positions in Q1 2023 and 7 closed out, a net change of +1 holder.
  • The largest Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust buyer in Q1 2023 was Morgan Stanley, an estimated $1.82M added.
  • The largest Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust seller in Q1 2023 was Alpha Cubed Investments, an estimated $1.08M sold.

Based on aggregated 13F filings for Q1 2023.