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, 21 increasing their positions, 20 reducing their positions, and 5 closing their positions.
80% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 5
5% more funds holding
Funds holding: 59 → 62 (+3)
5% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 20
6.56% less ownership
Funds ownership: 31.97% → 25.41% (-6.6%)
20% less capital invested
Capital invested by funds: $112M → $89.5M (-$22.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WT
Whittier Trust
South Pasadena,
California
|
+$1.01M |
| 2 |
VVP
Venture Visionary Partners
Sylvania,
Ohio
|
+$991K |
| 3 |
LPL Financial
San Diego,
California
|
+$844K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$381K |
| 5 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
+$267K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$25.4M |
| 2 |
BI
Bramshill Investments
Naples,
Florida
|
-$760K |
| 3 |
Invesco
Atlanta,
Georgia
|
-$377K |
| 4 |
SWP
Significant Wealth Partners
Cary,
Illinois
|
-$251K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$236K |
GBAB Hedge Fund Activity: Q1 2024 in Review
62 of the 6,942 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 — down 20% from $112M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new GBAB positions and 5 closed out — a net gain of 4 holders — while 21 added to existing stakes and 20 trimmed.
The largest buyer was Whittier Trust, adding an estimated $1.01M. The largest seller was Morgan Stanley, cutting an estimated $25.4M.
- 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, down 20% 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 Whittier Trust, an estimated $1.01M added.
- The largest Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust seller in Q1 2024 was Morgan Stanley, an estimated $25.4M sold.
Based on aggregated 13F filings for Q1 2024.