Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust
GBAB
62 hedge funds and large institutions have $89.5M invested in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust in 2024 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 22 increasing their positions, 19 reducing their positions, and 5 closing their positions.
80% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 5
16% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 19
5% more funds holding
Funds holding: 59 → 62 (+3)
4% more capital invested
Capital invested by funds: $86.3M → $89.5M (+$3.19M)
0.83% more ownership
Funds ownership: 24.58% → 25.41% (+0.83%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.02M |
| 2 |
WT
Whittier Trust
South Pasadena,
California
|
+$1.01M |
| 3 |
VVP
Venture Visionary Partners
Sylvania,
Ohio
|
+$991K |
| 4 |
LPL Financial
San Diego,
California
|
+$844K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$381K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bramshill Investments
Naples,
Florida
|
-$760K |
| 2 |
Invesco
Atlanta,
Georgia
|
-$377K |
| 3 |
SWP
Significant Wealth Partners
Cary,
Illinois
|
-$251K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$236K |
| 5 |
CFG
Cooper Financial Group
Irvine,
California
|
-$180K |
GBAB Hedge Fund Activity: Q1 2024 in Review
62 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (GBAB) for Q1 2024, worth a combined $89.5M — up 3.7% from $86.3M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new GBAB positions and 5 closed out — a net gain of 4 holders — while 22 added to existing stakes and 19 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $1.02M. The largest seller was Bramshill Investments, cutting an estimated $760K.
- 62 institutional investors held Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (GBAB) as of Q1 2024, up from 59 in Q4 2023.
- Funds reported $89.5M of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust stock for Q1 2024, up 3.7% quarter-over-quarter.
- 9 funds opened new Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust positions in Q1 2024 and 5 closed out, a net change of +4 holders.
- The largest Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust buyer in Q1 2024 was Morgan Stanley, an estimated $1.02M added.
- The largest Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust seller in Q1 2024 was Bramshill Investments, an estimated $760K sold.
Based on aggregated 13F filings for Q1 2024.