GUGGENHEIM CREDIT ALLOCATION FUND
GGM
GGM was delisted on the 22nd of October, 2021.
25 hedge funds and large institutions have $11.6M invested in GUGGENHEIM CREDIT ALLOCATION FUND in 2020 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 9 increasing their positions, 6 reducing their positions, and 4 closing their positions.
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
50% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 6
35% more capital invested
Capital invested by funds: $8.55M → $11.6M (+$3.02M)
14% more funds holding
Funds holding: 22 → 25 (+3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Osaic Holdings
Scottsdale,
Arizona
|
+$597K |
| 2 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
+$218K |
| 3 |
Mercer Global Advisors
Denver,
Colorado
|
+$201K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$144K |
| 5 |
FWM
FSA Wealth Management
Needham,
Massachusetts
|
+$140K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HighTower Advisors
Chicago,
Illinois
|
-$367K |
| 2 |
KA
Kovack Advisors
Ft. Lauderdale,
Florida
|
-$226K |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$70K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$21.3K |
| 5 |
MAFM
Mid Atlantic Financial Management
Pittsburgh,
Pennsylvania
|
-$11.3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
HighTower Advisors
Chicago,
Illinois
| – | -$367K | -20,740 | Closed |
|
|
KA
27
Kovack Advisors
Ft. Lauderdale,
Florida
| – | -$226K | -12,716 | Closed |
|
|
PAM
28
Panagora Asset Management
Boston,
Massachusetts
| – | -$4K | -226 | Closed |
|
29
Barclays
London,
United Kingdom
| – | -$1K | -32 | Closed |
|
GGM Hedge Fund Activity: Q4 2020 in Review
25 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in GUGGENHEIM CREDIT ALLOCATION FUND (GGM) for Q4 2020, worth a combined $11.6M — up 35% from $8.55M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new GGM positions and 4 closed out — a net gain of 3 holders — while 9 added to existing stakes and 6 trimmed.
The largest buyer was Osaic Holdings, adding an estimated $597K. The largest seller was HighTower Advisors, exiting entirely with an estimated $367K sold.
- 25 institutional investors held GUGGENHEIM CREDIT ALLOCATION FUND (GGM) as of Q4 2020, up from 22 in Q3 2020.
- Funds reported $11.6M of GUGGENHEIM CREDIT ALLOCATION FUND stock for Q4 2020, up 35% quarter-over-quarter.
- 7 funds opened new GUGGENHEIM CREDIT ALLOCATION FUND positions in Q4 2020 and 4 closed out, a net change of +3 holders.
- The largest GUGGENHEIM CREDIT ALLOCATION FUND buyer in Q4 2020 was Osaic Holdings, an estimated $597K added.
- The largest GUGGENHEIM CREDIT ALLOCATION FUND seller in Q4 2020 was HighTower Advisors, an estimated $367K sold.
Based on aggregated 13F filings for Q4 2020.