GUGGENHEIM CREDIT ALLOCATION FUND
GGM
GGM was delisted on the 22nd of October, 2021.
13 hedge funds and large institutions have $9.69M invested in GUGGENHEIM CREDIT ALLOCATION FUND in 2013 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 3 increasing their positions, 1 reducing their positions, and 1 closing their positions.
800% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 1
352% more capital invested
Capital invested by funds: $2.15M → $9.69M (+$7.54M)
200% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 1
160% more funds holding
Funds holding: 5 → 13 (+8)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RVP
Relative Value Partners
Northbrook,
Illinois
|
+$2.1M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.04M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$971K |
| 4 |
BTS
BB&T Securities
Richmond,
Virginia
|
+$930K |
| 5 |
SCM
Saba Capital Management
New York
|
+$871K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$26K |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
-$24.3K |
GGM Hedge Fund Activity: Q4 2013 in Review
13 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in GUGGENHEIM CREDIT ALLOCATION FUND (GGM) for Q4 2013, worth a combined $9.69M — up 352% from $2.15M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new GGM positions and 1 closed out — a net gain of 8 holders — while 3 added to existing stakes and 1 trimmed.
The largest buyer was Relative Value Partners, opening a new position worth an estimated $2.1M. The largest seller was Citigroup, exiting entirely with an estimated $26K sold.
- 13 institutional investors held GUGGENHEIM CREDIT ALLOCATION FUND (GGM) as of Q4 2013, up from 5 in Q3 2013.
- Funds reported $9.69M of GUGGENHEIM CREDIT ALLOCATION FUND stock for Q4 2013, up 352% quarter-over-quarter.
- 9 funds opened new GUGGENHEIM CREDIT ALLOCATION FUND positions in Q4 2013 and 1 closed out, a net change of +8 holders.
- The largest GUGGENHEIM CREDIT ALLOCATION FUND buyer in Q4 2013 was Relative Value Partners, an estimated $2.1M added.
- The largest GUGGENHEIM CREDIT ALLOCATION FUND seller in Q4 2013 was Citigroup, an estimated $26K sold.
Based on aggregated 13F filings for Q4 2013.