Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust
GBAB
64 hedge funds and large institutions have $88.6M invested in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust in 2023 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 25 increasing their positions, 16 reducing their positions, and 4 closing their positions.
149% more capital inflows, than outflows
Capital inflows: $7.75M | Capital outflows: $3.12M
56% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 16
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
2% more funds holding
Funds holding: 63 → 64 (+1)
1.29% more ownership
Funds ownership: 23.76% → 25.05% (+1.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$3.74M |
| 2 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$1.8M |
| 3 |
Farther Finance Advisors
San Francisco,
California
|
+$558K |
| 4 |
LPL Financial
San Diego,
California
|
+$312K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$265K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$716K |
| 2 |
Sit Investment Associates
Minneapolis,
Minnesota
|
-$582K |
| 3 |
Whittier Trust
South Pasadena,
California
|
-$432K |
| 4 |
Miracle Mile Advisors
Los Angeles,
California
|
-$357K |
| 5 |
Wilbanks Smith & Thomas Asset Management
Norfolk,
Virginia
|
-$239K |
GBAB Hedge Fund Activity: Q2 2023 in Review
64 of the 6,389 institutional investors tracked by Wall St. Rank reported a position in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (GBAB) for Q2 2023, worth a combined $88.6M — up 0.94% from $87.7M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new GBAB positions and 4 closed out — a net gain of 2 holders — while 25 added to existing stakes and 16 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $3.74M. The largest seller was UBS Group, cutting an estimated $716K.
- 64 institutional investors held Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (GBAB) as of Q2 2023, up from 63 in Q1 2023.
- Funds reported $88.6M of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust stock for Q2 2023, up 0.94% quarter-over-quarter.
- 6 funds opened new Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust positions in Q2 2023 and 4 closed out, a net change of +2 holders.
- The largest Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust buyer in Q2 2023 was Morgan Stanley, an estimated $3.74M added.
- The largest Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust seller in Q2 2023 was UBS Group, an estimated $716K sold.
Based on aggregated 13F filings for Q2 2023.