Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust
GBAB
66 hedge funds and large institutions have $102M invested in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust in 2024 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 31 increasing their positions, 15 reducing their positions, and 5 closing their positions.
107% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 15
60% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 5
15% more capital invested
Capital invested by funds: $88.7M → $102M (+$13.2M)
5% more funds holding
Funds holding: 63 → 66 (+3)
1.09% more ownership
Funds ownership: 25.73% → 26.82% (+1.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2.59M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$1.59M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.43M |
| 4 |
PPP
Private Portfolio Partners
Paramus,
New Jersey
|
+$1.02M |
| 5 |
OC
Oppenheimer & Co
New York
|
+$599K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$3.7M |
| 2 |
USCWA
U.S. Capital Wealth Advisors
Austin,
Texas
|
-$1.03M |
| 3 |
RCG
Regatta Capital Group
El Segundo,
California
|
-$623K |
| 4 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$320K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$208K |
GBAB Hedge Fund Activity: Q3 2024 in Review
66 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (GBAB) for Q3 2024, worth a combined $102M — up 15% from $88.7M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new GBAB positions and 5 closed out — a net gain of 3 holders — while 31 added to existing stakes and 15 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $2.59M. The largest seller was LPL Financial, cutting an estimated $3.7M.
- 66 institutional investors held Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (GBAB) as of Q3 2024, up from 63 in Q2 2024.
- Funds reported $102M of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust stock for Q3 2024, up 15% quarter-over-quarter.
- 8 funds opened new Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust positions in Q3 2024 and 5 closed out, a net change of +3 holders.
- The largest Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust buyer in Q3 2024 was Morgan Stanley, an estimated $2.59M added.
- The largest Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust seller in Q3 2024 was LPL Financial, an estimated $3.7M sold.
Based on aggregated 13F filings for Q3 2024.