GUGGENHEIM CREDIT ALLOCATION FUND
GGM
GGM was delisted on the 22nd of October, 2021.
28 hedge funds and large institutions have $15M invested in GUGGENHEIM CREDIT ALLOCATION FUND in 2018 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 9 increasing their positions, 7 reducing their positions, and 5 closing their positions.
40% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 5
29% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 7
4% more funds holding
Funds holding: 27 → 28 (+1)
8% less capital invested
Capital invested by funds: $16.3M → $15M (-$1.32M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.54M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$950K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$311K |
| 4 |
BBI
Baxter Bros Inc
Riverside,
Connecticut
|
+$302K |
| 5 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$233K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$487K |
| 2 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$358K |
| 3 |
SPC
Sigma Planning Corp
Ann Arbor,
Michigan
|
-$233K |
| 4 |
OC
Oppenheimer & Co
New York
|
-$212K |
| 5 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
-$184K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GWM
26
Geneos Wealth Management
Englewood,
Colorado
| $26K | – | – | – |
|
27
US Bancorp
Minneapolis,
Minnesota
| $3K | -$4.47K | -222 | -57% |
|
28
Barclays
London,
United Kingdom
| $1K | – | – | – |
|
|
SPC
29
Sigma Planning Corp
Ann Arbor,
Michigan
| – | -$233K | -10,579 | Closed |
|
|
OC
30
Oppenheimer & Co
New York
| – | -$212K | -9,640 | Closed |
|
|
WSTAM
31
Wilbanks Smith & Thomas Asset Management
Norfolk,
Virginia
| – | -$172K | -7,816 | Closed |
|
32
Citigroup
New York
| – | -$8K | -345 | Closed |
|
|
CF
33
Centaurus Financial
Anaheim,
California
| – | -$110 | -5 | Closed |
|
GGM Hedge Fund Activity: Q4 2018 in Review
28 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in GUGGENHEIM CREDIT ALLOCATION FUND (GGM) for Q4 2018, worth a combined $15M — down 8.1% from $16.3M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new GGM positions and 5 closed out — a net gain of 2 holders — while 9 added to existing stakes and 7 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $1.54M. The largest seller was UBS Group, cutting an estimated $487K.
- 28 institutional investors held GUGGENHEIM CREDIT ALLOCATION FUND (GGM) as of Q4 2018, up from 27 in Q3 2018.
- Funds reported $15M of GUGGENHEIM CREDIT ALLOCATION FUND stock for Q4 2018, down 8.1% quarter-over-quarter.
- 7 funds opened new GUGGENHEIM CREDIT ALLOCATION FUND positions in Q4 2018 and 5 closed out, a net change of +2 holders.
- The largest GUGGENHEIM CREDIT ALLOCATION FUND buyer in Q4 2018 was Morgan Stanley, an estimated $1.54M added.
- The largest GUGGENHEIM CREDIT ALLOCATION FUND seller in Q4 2018 was UBS Group, an estimated $487K sold.
Based on aggregated 13F filings for Q4 2018.