GUGGENHEIM CREDIT ALLOCATION FUND
GGM
GGM was delisted on the 22nd of October, 2021.
27 hedge funds and large institutions have $16.3M invested in GUGGENHEIM CREDIT ALLOCATION FUND in 2018 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 8 increasing their positions, 9 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
23% more capital invested
Capital invested by funds: $13.3M → $16.3M (+$3.04M)
8% more funds holding
Funds holding: 25 → 27 (+2)
11% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.05M |
| 2 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$1.02M |
| 3 |
WSTAM
Wilbanks Smith & Thomas Asset Management
Norfolk,
Virginia
|
+$173K |
| 4 |
Morgan Stanley
New York
|
+$89K |
| 5 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
+$11.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$110K |
| 2 |
WWMSC
Wagner Wealth Management (South Carolina)
Greenville,
South Carolina
|
-$95.5K |
| 3 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
-$92.2K |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$67.8K |
| 5 |
SPC
Sigma Planning Corp
Ann Arbor,
Michigan
|
-$41.7K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Barclays
London,
United Kingdom
| $1K | – | – | – |
|
|
CF
27
Centaurus Financial
Anaheim,
California
| $110 | +$111 | +5 | New |
|
28
Bessemer Group
Woodbridge,
New Jersey
| – | -$2K | -100 | Closed |
|
GGM Hedge Fund Activity: Q3 2018 in Review
27 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in GUGGENHEIM CREDIT ALLOCATION FUND (GGM) for Q3 2018, worth a combined $16.3M — up 23% from $13.3M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new GGM positions and 1 closed out — a net gain of 2 holders — while 8 added to existing stakes and 9 trimmed.
The largest buyer was Royal Bank of Canada, adding an estimated $2.05M. The largest seller was Invesco, cutting an estimated $110K.
- 27 institutional investors held GUGGENHEIM CREDIT ALLOCATION FUND (GGM) as of Q3 2018, up from 25 in Q2 2018.
- Funds reported $16.3M of GUGGENHEIM CREDIT ALLOCATION FUND stock for Q3 2018, up 23% quarter-over-quarter.
- 3 funds opened new GUGGENHEIM CREDIT ALLOCATION FUND positions in Q3 2018 and 1 closed out, a net change of +2 holders.
- The largest GUGGENHEIM CREDIT ALLOCATION FUND buyer in Q3 2018 was Royal Bank of Canada, an estimated $2.05M added.
- The largest GUGGENHEIM CREDIT ALLOCATION FUND seller in Q3 2018 was Invesco, an estimated $110K sold.
Based on aggregated 13F filings for Q3 2018.