GUGGENHEIM CREDIT ALLOCATION FUND
GGM
GGM was delisted on the 22nd of October, 2021.
28 hedge funds and large institutions have $15.3M invested in GUGGENHEIM CREDIT ALLOCATION FUND in 2017 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 8 increasing their positions, 5 reducing their positions, and 1 closing their positions.
800% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 1
60% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 5
40% more funds holding
Funds holding: 20 → 28 (+8)
13% more capital invested
Capital invested by funds: $13.5M → $15.3M (+$1.77M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$841K |
| 2 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
+$660K |
| 3 |
BTS
BB&T Securities
Richmond,
Virginia
|
+$502K |
| 4 |
William Blair & Company
Chicago,
Illinois
|
+$372K |
| 5 |
OC
Oppenheimer & Co
New York
|
+$307K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$757K |
| 2 |
SPC
Sigma Planning Corp
Ann Arbor,
Michigan
|
-$577K |
| 3 |
Bessemer Group
Woodbridge,
New Jersey
|
-$232K |
| 4 |
Invesco
Atlanta,
Georgia
|
-$106K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$98.3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PFBT
26
Parkside Financial Bank & Trust
Saint Louis,
Missouri
| $9K | +$9.29K | +400 | New |
|
|
BFEC
27
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $6K | – | – | – |
|
28
Barclays
London,
United Kingdom
| $1K | – | – | – |
|
|
29
LPL Financial
San Diego,
California
| – | -$757K | -32,862 | Closed |
|
GGM Hedge Fund Activity: Q2 2017 in Review
28 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in GUGGENHEIM CREDIT ALLOCATION FUND (GGM) for Q2 2017, worth a combined $15.3M — up 13% from $13.5M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new GGM positions and 1 closed out — a net gain of 8 holders — while 8 added to existing stakes and 5 trimmed.
The largest buyer was Sit Investment Associates, opening a new position worth an estimated $841K. The largest seller was LPL Financial, exiting entirely with an estimated $757K sold.
- 28 institutional investors held GUGGENHEIM CREDIT ALLOCATION FUND (GGM) as of Q2 2017, up from 20 in Q1 2017.
- Funds reported $15.3M of GUGGENHEIM CREDIT ALLOCATION FUND stock for Q2 2017, up 13% quarter-over-quarter.
- 9 funds opened new GUGGENHEIM CREDIT ALLOCATION FUND positions in Q2 2017 and 1 closed out, a net change of +8 holders.
- The largest GUGGENHEIM CREDIT ALLOCATION FUND buyer in Q2 2017 was Sit Investment Associates, an estimated $841K added.
- The largest GUGGENHEIM CREDIT ALLOCATION FUND seller in Q2 2017 was LPL Financial, an estimated $757K sold.
Based on aggregated 13F filings for Q2 2017.