GUGGENHEIM CREDIT ALLOCATION FUND
GGM
GGM was delisted on the 22nd of October, 2021.
27 hedge funds and large institutions have $14.6M invested in GUGGENHEIM CREDIT ALLOCATION FUND in 2018 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 10 increasing their positions, 9 reducing their positions, and 5 closing their positions.
11% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 9
10% less capital invested
Capital invested by funds: $16.1M → $14.6M (-$1.54M)
10% less funds holding
Funds holding: 30 → 27 (-3)
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$846K |
| 2 |
Invesco
Atlanta,
Georgia
|
+$669K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$383K |
| 4 |
BBI
Baxter Bros Inc
Riverside,
Connecticut
|
+$200K |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
+$49K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$760K |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$601K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$568K |
| 4 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
-$474K |
| 5 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
-$423K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Bessemer Group
Woodbridge,
New Jersey
| $2K | – | – | – |
|
27
Barclays
London,
United Kingdom
| $1K | – | – | – |
|
|
SFS
28
Shaker Financial Services
Arlington,
Virginia
| – | -$760K | -34,659 | Closed |
|
|
WAM
29
Wolverine Asset Management
Chicago,
Illinois
| – | -$568K | -25,919 | Closed |
|
|
CCP
30
Clough Capital Partners
Boston,
Massachusetts
| – | -$474K | -21,600 | Closed |
|
|
31
Cetera Investment Advisers
Schaumburg,
Illinois
| – | -$423K | -19,270 | Closed |
|
|
RFWA
32
RPg Family Wealth Advisory
Burlington,
Massachusetts
| – | -$14.1K | -644 | Closed |
|
GGM Hedge Fund Activity: Q1 2018 in Review
27 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in GUGGENHEIM CREDIT ALLOCATION FUND (GGM) for Q1 2018, worth a combined $14.6M — down 9.6% from $16.1M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of GGM and 2 opened new positions — a net loss of 3 holders — while 9 trimmed existing stakes and 10 added.
The largest buyer was Guggenheim Capital, opening a new position worth an estimated $846K. The largest seller was Shaker Financial Services, exiting entirely with an estimated $760K sold.
- 27 institutional investors held GUGGENHEIM CREDIT ALLOCATION FUND (GGM) as of Q1 2018, down from 30 in Q4 2017.
- Funds reported $14.6M of GUGGENHEIM CREDIT ALLOCATION FUND stock for Q1 2018, down 9.6% quarter-over-quarter.
- 2 funds opened new GUGGENHEIM CREDIT ALLOCATION FUND positions in Q1 2018 and 5 closed out, a net change of -3 holders.
- The largest GUGGENHEIM CREDIT ALLOCATION FUND buyer in Q1 2018 was Guggenheim Capital, an estimated $846K added.
- The largest GUGGENHEIM CREDIT ALLOCATION FUND seller in Q1 2018 was Shaker Financial Services, an estimated $760K sold.
Based on aggregated 13F filings for Q1 2018.