GUGGENHEIM CREDIT ALLOCATION FUND
GGM
GGM was delisted on the 22nd of October, 2021.
30 hedge funds and large institutions have $16.1M invested in GUGGENHEIM CREDIT ALLOCATION FUND in 2017 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 6 increasing their positions, 13 reducing their positions, and 3 closing their positions.
100% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 3
11% more funds holding
Funds holding: 27 → 30 (+3)
3% more capital invested
Capital invested by funds: $15.6M → $16.1M (+$518K)
54% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$793K |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$776K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$580K |
| 4 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
+$484K |
| 5 |
BBI
Baxter Bros Inc
Riverside,
Connecticut
|
+$224K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bessemer Group
Woodbridge,
New Jersey
|
-$862K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$626K |
| 3 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
-$266K |
| 4 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$246K |
| 5 |
BTS
BB&T Securities
Richmond,
Virginia
|
-$215K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
US Bancorp
Minneapolis,
Minnesota
| $9K | – | – | – |
|
|
GWM
27
Geneos Wealth Management
Englewood,
Colorado
| $8K | – | – | – |
|
|
BFEC
28
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $5K | – | – | – |
|
|
29
Bessemer Group
Woodbridge,
New Jersey
| $2K | -$862K | -38,521 | -100% |
|
30
Barclays
London,
United Kingdom
| $1K | – | – | – |
|
|
GC
31
Guggenheim Capital
Chicago,
Illinois
| – | -$626K | -26,998 | Closed |
|
|
ECM
32
Estabrook Capital Management
New York
| – | -$24.4K | -1,050 | Closed |
|
|
FHA
33
First Horizon Advisors
Memphis,
Tennessee
| – | -$7K | -300 | Closed |
|
GGM Hedge Fund Activity: Q4 2017 in Review
30 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in GUGGENHEIM CREDIT ALLOCATION FUND (GGM) for Q4 2017, worth a combined $16.1M — up 3.3% from $15.6M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new GGM positions and 3 closed out — a net gain of 3 holders — while 6 added to existing stakes and 13 trimmed.
The largest buyer was Ladenburg Thalmann Financial Services, adding an estimated $793K. The largest seller was Bessemer Group, cutting an estimated $862K.
- 30 institutional investors held GUGGENHEIM CREDIT ALLOCATION FUND (GGM) as of Q4 2017, up from 27 in Q3 2017.
- Funds reported $16.1M of GUGGENHEIM CREDIT ALLOCATION FUND stock for Q4 2017, up 3.3% quarter-over-quarter.
- 6 funds opened new GUGGENHEIM CREDIT ALLOCATION FUND positions in Q4 2017 and 3 closed out, a net change of +3 holders.
- The largest GUGGENHEIM CREDIT ALLOCATION FUND buyer in Q4 2017 was Ladenburg Thalmann Financial Services, an estimated $793K added.
- The largest GUGGENHEIM CREDIT ALLOCATION FUND seller in Q4 2017 was Bessemer Group, an estimated $862K sold.
Based on aggregated 13F filings for Q4 2017.