GUGGENHEIM CREDIT ALLOCATION FUND
GGM
GGM was delisted on the 22nd of October, 2021.
27 hedge funds and large institutions have $13.7M invested in GUGGENHEIM CREDIT ALLOCATION FUND in 2021 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 9 increasing their positions, 5 reducing their positions, and 5 closing their positions.
80% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 5
60% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 5
18% more capital invested
Capital invested by funds: $11.6M → $13.7M (+$2.13M)
8% more funds holding
Funds holding: 25 → 27 (+2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Osaic Holdings
Scottsdale,
Arizona
|
+$858K |
| 2 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$602K |
| 3 |
SWM
SeaCrest Wealth Management
Purchase,
New York
|
+$273K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$213K |
| 5 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$190K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MAFM
Mid Atlantic Financial Management
Pittsburgh,
Pennsylvania
|
-$633K |
| 2 |
LPL Financial
San Diego,
California
|
-$310K |
| 3 |
Mercer Global Advisors
Denver,
Colorado
|
-$211K |
| 4 |
FWM
FSA Wealth Management
Needham,
Massachusetts
|
-$147K |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$97K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
US Bancorp
Minneapolis,
Minnesota
| $3K | – | – | – |
|
|
PAM
27
Panagora Asset Management
Boston,
Massachusetts
| $1K | +$694 | +34 | New |
|
|
28
LPL Financial
San Diego,
California
| – | -$310K | -15,695 | Closed |
|
|
29
Mercer Global Advisors
Denver,
Colorado
| – | -$211K | -10,665 | Closed |
|
|
FWM
30
FSA Wealth Management
Needham,
Massachusetts
| – | -$147K | -7,441 | Closed |
|
31
Citigroup
New York
| – | -$85K | -4,304 | Closed |
|
|
CTB
32
Country Trust Bank
Bloomington,
Illinois
| – | -$12K | -606 | Closed |
|
GGM Hedge Fund Activity: Q1 2021 in Review
27 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in GUGGENHEIM CREDIT ALLOCATION FUND (GGM) for Q1 2021, worth a combined $13.7M — up 18% from $11.6M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new GGM positions and 5 closed out — a net gain of 3 holders — while 9 added to existing stakes and 5 trimmed.
The largest buyer was Osaic Holdings, adding an estimated $858K. The largest seller was Mid Atlantic Financial Management, cutting an estimated $633K.
- 27 institutional investors held GUGGENHEIM CREDIT ALLOCATION FUND (GGM) as of Q1 2021, up from 25 in Q4 2020.
- Funds reported $13.7M of GUGGENHEIM CREDIT ALLOCATION FUND stock for Q1 2021, up 18% quarter-over-quarter.
- 8 funds opened new GUGGENHEIM CREDIT ALLOCATION FUND positions in Q1 2021 and 5 closed out, a net change of +3 holders.
- The largest GUGGENHEIM CREDIT ALLOCATION FUND buyer in Q1 2021 was Osaic Holdings, an estimated $858K added.
- The largest GUGGENHEIM CREDIT ALLOCATION FUND seller in Q1 2021 was Mid Atlantic Financial Management, an estimated $633K sold.
Based on aggregated 13F filings for Q1 2021.