GUGGENHEIM CREDIT ALLOCATION FUND
GGM
GGM was delisted on the 22nd of October, 2021.
31 hedge funds and large institutions have $15.3M invested in GUGGENHEIM CREDIT ALLOCATION FUND in 2021 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 5 increasing their positions, 12 reducing their positions, and 2 closing their positions.
200% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 2
15% more funds holding
Funds holding: 27 → 31 (+4)
12% more capital invested
Capital invested by funds: $13.7M → $15.3M (+$1.63M)
58% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
+$894K |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$346K |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
+$260K |
| 4 |
Invesco
Atlanta,
Georgia
|
+$87.5K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$70.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MAFM
Mid Atlantic Financial Management
Pittsburgh,
Pennsylvania
|
-$222K |
| 2 |
SWM
Spire Wealth Management
Mclean,
Virginia
|
-$167K |
| 3 |
AIC
Ameritas Investment Company
Lincoln,
Nebraska
|
-$118K |
| 4 |
IWM
IHT Wealth Management
Chicago,
Illinois
|
-$82.8K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$70.2K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Royal Bank of Canada
Toronto,
Ontario, Canada
| $17K | – | – | – |
|
27
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $11K | – | – | – |
|
28
US Bancorp
Minneapolis,
Minnesota
| $4K | – | – | – |
|
29
Citigroup
New York
| $2K | +$2.11K | +100 | New |
|
|
SWM
30
Spire Wealth Management
Mclean,
Virginia
| – | -$167K | -8,000 | Closed |
|
|
AIC
31
Ameritas Investment Company
Lincoln,
Nebraska
| – | -$118K | -5,625 | Closed |
|
|
PAM
32
Panagora Asset Management
Boston,
Massachusetts
| – | -$422 | -20 | -59% |
|
33
Fidelity Investments
Boston,
Massachusetts
| – | +$21 | +1 | New |
|
GGM Hedge Fund Activity: Q2 2021 in Review
31 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in GUGGENHEIM CREDIT ALLOCATION FUND (GGM) for Q2 2021, worth a combined $15.3M — up 12% from $13.7M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new GGM positions and 2 closed out — a net gain of 4 holders — while 5 added to existing stakes and 12 trimmed.
The largest buyer was Yakira Capital Management, opening a new position worth an estimated $894K. The largest seller was Mid Atlantic Financial Management, cutting an estimated $222K.
- 31 institutional investors held GUGGENHEIM CREDIT ALLOCATION FUND (GGM) as of Q2 2021, up from 27 in Q1 2021.
- Funds reported $15.3M of GUGGENHEIM CREDIT ALLOCATION FUND stock for Q2 2021, up 12% quarter-over-quarter.
- 6 funds opened new GUGGENHEIM CREDIT ALLOCATION FUND positions in Q2 2021 and 2 closed out, a net change of +4 holders.
- The largest GUGGENHEIM CREDIT ALLOCATION FUND buyer in Q2 2021 was Yakira Capital Management, an estimated $894K added.
- The largest GUGGENHEIM CREDIT ALLOCATION FUND seller in Q2 2021 was Mid Atlantic Financial Management, an estimated $222K sold.
Based on aggregated 13F filings for Q2 2021.