GUGGENHEIM CREDIT ALLOCATION FUND
GGM
GGM was delisted on the 22nd of October, 2021.
31 hedge funds and large institutions have $21.3M invested in GUGGENHEIM CREDIT ALLOCATION FUND in 2021 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 11 increasing their positions, 4 reducing their positions, and 8 closing their positions.
175% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 4
39% more capital invested
Capital invested by funds: $15.3M → $21.3M (+$6.01M)
0% more funds holding
Funds holding: 31 → 31 (0)
0% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
+$6.4M |
| 2 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
+$867K |
| 3 |
CL
CSS LLC
Chicago,
Illinois
|
+$442K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$387K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$286K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WWMSC
Wagner Wealth Management (South Carolina)
Greenville,
South Carolina
|
-$1.25M |
| 2 |
MAFM
Mid Atlantic Financial Management
Pittsburgh,
Pennsylvania
|
-$394K |
| 3 |
SWM
SeaCrest Wealth Management
Purchase,
New York
|
-$331K |
| 4 |
IWM
IHT Wealth Management
Chicago,
Illinois
|
-$316K |
| 5 |
Truist Financial
Charlotte,
North Carolina
|
-$315K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Rockefeller Capital Management
New York
| $20K | – | – | – |
|
27
Royal Bank of Canada
Toronto,
Ontario, Canada
| $16K | – | – | – |
|
28
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $10K | – | – | – |
|
29
Citigroup
New York
| $8K | +$6.45K | +299 | +299% |
|
30
US Bancorp
Minneapolis,
Minnesota
| $3K | – | – | – |
|
|
NFG
31
Next Financial Group
Houston,
Texas
| $2K | +$2.16K | +100 | New |
|
|
WWMSC
32
Wagner Wealth Management (South Carolina)
Greenville,
South Carolina
| – | -$1.25M | -57,117 | Closed |
|
|
MAFM
33
Mid Atlantic Financial Management
Pittsburgh,
Pennsylvania
| – | -$394K | -18,000 | Closed |
|
|
SWM
34
SeaCrest Wealth Management
Purchase,
New York
| – | -$331K | -15,156 | Closed |
|
|
IWM
35
IHT Wealth Management
Chicago,
Illinois
| – | -$316K | -14,464 | Closed |
|
|
36
Truist Financial
Charlotte,
North Carolina
| – | -$315K | -14,383 | Closed |
|
|
ASN
37
Advisory Services Network
Atlanta,
Georgia
| – | -$59K | -2,706 | Closed |
|
GGM Hedge Fund Activity: Q3 2021 in Review
31 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in GUGGENHEIM CREDIT ALLOCATION FUND (GGM) for Q3 2021, worth a combined $21.3M — up 39% from $15.3M a quarter earlier.
Fund positioning in GGM was balanced in Q3 2021: 8 funds opened new positions, 8 closed out, 11 added to existing stakes and 4 trimmed.
The largest buyer was Yakira Capital Management, adding an estimated $6.4M. The largest seller was Wagner Wealth Management (South Carolina), exiting entirely with an estimated $1.25M sold.
- 31 institutional investors held GUGGENHEIM CREDIT ALLOCATION FUND (GGM) as of Q3 2021, unchanged from Q2 2021.
- Funds reported $21.3M of GUGGENHEIM CREDIT ALLOCATION FUND stock for Q3 2021, up 39% quarter-over-quarter.
- 8 funds opened new GUGGENHEIM CREDIT ALLOCATION FUND positions in Q3 2021 and 8 closed out, a net change of 0 holders.
- The largest GUGGENHEIM CREDIT ALLOCATION FUND buyer in Q3 2021 was Yakira Capital Management, an estimated $6.4M added.
- The largest GUGGENHEIM CREDIT ALLOCATION FUND seller in Q3 2021 was Wagner Wealth Management (South Carolina), an estimated $1.25M sold.
Based on aggregated 13F filings for Q3 2021.