GUGGENHEIM CREDIT ALLOCATION FUND
GGM
GGM was delisted on the 22nd of October, 2021.
11 hedge funds and large institutions have $7.64M invested in GUGGENHEIM CREDIT ALLOCATION FUND in 2014 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 3 increasing their positions, 2 reducing their positions, and 7 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 2
15% less funds holding
Funds holding: 13 → 11 (-2)
21% less capital invested
Capital invested by funds: $9.69M → $7.64M (-$2.05M)
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
U
UBS
Zurich,
Switzerland
|
+$1.8M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$1.26M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$209K |
| 4 |
WS
Wedbush Securities
Los Angeles,
California
|
+$209K |
| 5 |
Morgan Stanley
New York
|
+$36.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RVP
Relative Value Partners
Northbrook,
Illinois
|
-$2.07M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$1.03M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$960K |
| 4 |
SCM
Saba Capital Management
New York
|
-$861K |
| 5 |
VKH
Virtu KCG Holdings
New York
|
-$755K |
GGM Hedge Fund Activity: Q1 2014 in Review
11 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in GUGGENHEIM CREDIT ALLOCATION FUND (GGM) for Q1 2014, worth a combined $7.64M — down 21% from $9.69M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of GGM and 5 opened new positions — a net loss of 2 holders — while 2 trimmed existing stakes and 3 added.
The largest buyer was UBS, adding an estimated $1.8M. The largest seller was Relative Value Partners, exiting entirely with an estimated $2.07M sold.
- 11 institutional investors held GUGGENHEIM CREDIT ALLOCATION FUND (GGM) as of Q1 2014, down from 13 in Q4 2013.
- Funds reported $7.64M of GUGGENHEIM CREDIT ALLOCATION FUND stock for Q1 2014, down 21% quarter-over-quarter.
- 5 funds opened new GUGGENHEIM CREDIT ALLOCATION FUND positions in Q1 2014 and 7 closed out, a net change of -2 holders.
- The largest GUGGENHEIM CREDIT ALLOCATION FUND buyer in Q1 2014 was UBS, an estimated $1.8M added.
- The largest GUGGENHEIM CREDIT ALLOCATION FUND seller in Q1 2014 was Relative Value Partners, an estimated $2.07M sold.
Based on aggregated 13F filings for Q1 2014.