Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust
GBAB
63 hedge funds and large institutions have $88.7M invested in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust in 2024 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 25 increasing their positions, 16 reducing their positions, and 7 closing their positions.
56% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 16
35% more capital inflows, than outflows
Capital inflows: $5M | Capital outflows: $3.71M
29% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 7
2% more funds holding
Funds holding: 62 → 63 (+1)
0.32% more ownership
Funds ownership: 25.41% → 25.73% (+0.32%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2.78M |
| 2 |
WFA
WMG Financial Advisors
Knoxville,
Tennessee
|
+$274K |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
+$223K |
| 4 |
Beam Wealth Advisors
Covington,
Louisiana
|
+$219K |
| 5 |
Wolverine Asset Management
Chicago,
Illinois
|
+$210K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bramshill Investments
Naples,
Florida
|
-$636K |
| 2 |
PPP
Private Portfolio Partners
Paramus,
New Jersey
|
-$613K |
| 3 |
LPL Financial
San Diego,
California
|
-$515K |
| 4 |
U.S. Capital Wealth Advisors
Austin,
Texas
|
-$323K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$299K |
GBAB Hedge Fund Activity: Q2 2024 in Review
63 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 Q2 2024, worth a combined $88.7M — down 0.94% from $89.5M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new GBAB positions and 7 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 $2.78M. The largest seller was Bramshill Investments, exiting entirely with an estimated $636K sold.
- 63 institutional investors held Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (GBAB) as of Q2 2024, up from 62 in Q1 2024.
- Funds reported $88.7M of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust stock for Q2 2024, down 0.94% quarter-over-quarter.
- 9 funds opened new Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust positions in Q2 2024 and 7 closed out, a net change of +2 holders.
- The largest Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust buyer in Q2 2024 was Morgan Stanley, an estimated $2.78M added.
- The largest Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust seller in Q2 2024 was Bramshill Investments, an estimated $636K sold.
Based on aggregated 13F filings for Q2 2024.