GUGGENHEIM CREDIT ALLOCATION FUND
GGM
GGM was delisted on the 22nd of October, 2021.
23 hedge funds and large institutions have $10.4M invested in GUGGENHEIM CREDIT ALLOCATION FUND in 2020 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 12 increasing their positions, 7 reducing their positions, and 6 closing their positions.
71% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 7
15% less capital invested
Capital invested by funds: $12.3M → $10.4M (-$1.86M)
18% less funds holding
Funds holding: 28 → 23 (-5)
67% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$415K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$161K |
| 3 |
PGWM
Parisi Gray Wealth Management
Mendham,
New Jersey
|
+$148K |
| 4 |
FWM
FSA Wealth Management
Needham,
Massachusetts
|
+$63.6K |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$49.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.61M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
-$838K |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$536K |
| 4 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$461K |
| 5 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$355K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IWM
26
IHT Wealth Management
Chicago,
Illinois
| – | -$291K | -19,475 | Closed |
|
|
SFS
27
Shaker Financial Services
Arlington,
Virginia
| – | -$257K | -17,224 | Closed |
|
|
WAM
28
Wolverine Asset Management
Chicago,
Illinois
| – | -$85K | -5,751 | Closed |
|
29
Fidelity Investments
Boston,
Massachusetts
| – | +$16 | +1 | New |
|
GGM Hedge Fund Activity: Q2 2020 in Review
23 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in GUGGENHEIM CREDIT ALLOCATION FUND (GGM) for Q2 2020, worth a combined $10.4M — down 15% from $12.3M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of GGM and 2 opened new positions — a net loss of 4 holders — while 7 trimmed existing stakes and 12 added.
The largest buyer was Invesco, adding an estimated $415K. The largest seller was Royal Bank of Canada, cutting an estimated $1.61M.
- 23 institutional investors held GUGGENHEIM CREDIT ALLOCATION FUND (GGM) as of Q2 2020, down from 28 in Q1 2020.
- Funds reported $10.4M of GUGGENHEIM CREDIT ALLOCATION FUND stock for Q2 2020, down 15% quarter-over-quarter.
- 2 funds opened new GUGGENHEIM CREDIT ALLOCATION FUND positions in Q2 2020 and 6 closed out, a net change of -4 holders.
- The largest GUGGENHEIM CREDIT ALLOCATION FUND buyer in Q2 2020 was Invesco, an estimated $415K added.
- The largest GUGGENHEIM CREDIT ALLOCATION FUND seller in Q2 2020 was Royal Bank of Canada, an estimated $1.61M sold.
Based on aggregated 13F filings for Q2 2020.