GUGGENHEIM CREDIT ALLOCATION FUND
GGM
GGM was delisted on the 22nd of October, 2021.
12 hedge funds and large institutions have $14.5M invested in GUGGENHEIM CREDIT ALLOCATION FUND in 2014 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 3 increasing their positions, 4 reducing their positions, and 1 closing their positions.
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
9% more funds holding
Funds holding: 11 → 12 (+1)
10% less capital invested
Capital invested by funds: $16M → $14.5M (-$1.55M)
25% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 4
Top Buyers
| 1 |
Invesco
Atlanta,
Georgia
|
+$375K |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
+$38.9K |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
+$29.8K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.31K |
Top Sellers
| 1 |
U
UBS
Zurich,
Switzerland
|
-$354K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$215K |
| 3 |
BTS
BB&T Securities
Richmond,
Virginia
|
-$196K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$36.4K |
| 5 |
Morgan Stanley
New York
|
-$14.8K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BTS
1
BB&T Securities
Richmond,
Virginia
| $7.7M | -$196K | -8,052 | -21% |
|
|
U
2
UBS
Zurich,
Switzerland
| $3.07M | -$354K | -14,577 | -11% |
|
|
3
Invesco
Atlanta,
Georgia
| $1.73M | +$375K | +15,414 | +28% |
|
|
4
Royal Bank of Canada
Toronto,
Ontario, Canada
| $573K | +$2.31K | +95 | +0.4% |
|
|
5
Wells Fargo
San Francisco,
California
| $397K | -$36.4K | -1,497 | -9% |
|
6
HighTower Advisors
Chicago,
Illinois
| $351K | – | – | – |
|
|
7
Stifel Financial
St. Louis,
Missouri
| $317K | +$29.8K | +1,227 | +11% |
|
|
WS
8
Wedbush Securities
Los Angeles,
California
| $223K | – | – | – |
|
|
9
Morgan Stanley
New York
| $65K | -$14.8K | -610 | -19% |
|
|
TRCT
10
Tower Research Capital (TRC)
New York
| $40K | +$38.9K | +1,600 | New |
|
|
BRWM
11
B. Riley Wealth Management
Memphis,
Tennessee
| $20K | – | – | – |
|
|
GSC
12
Ground Swell Capital
Folly Beach,
South Carolina
| $5K | +$4.86K | +200 | New |
|
|
GC
13
Guggenheim Capital
Chicago,
Illinois
| – | -$215K | -9,000 | Closed |
|
GGM Hedge Fund Activity: Q2 2014 in Review
12 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in GUGGENHEIM CREDIT ALLOCATION FUND (GGM) for Q2 2014, worth a combined $14.5M — down 9.7% from $16M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new GGM positions and 1 closed out — a net gain of 1 holder — while 3 added to existing stakes and 4 trimmed.
The largest buyer was Invesco, adding an estimated $375K. The largest seller was UBS, cutting an estimated $354K.
- 12 institutional investors held GUGGENHEIM CREDIT ALLOCATION FUND (GGM) as of Q2 2014, up from 11 in Q1 2014.
- Funds reported $14.5M of GUGGENHEIM CREDIT ALLOCATION FUND stock for Q2 2014, down 9.7% quarter-over-quarter.
- 2 funds opened new GUGGENHEIM CREDIT ALLOCATION FUND positions in Q2 2014 and 1 closed out, a net change of +1 holder.
- The largest GUGGENHEIM CREDIT ALLOCATION FUND buyer in Q2 2014 was Invesco, an estimated $375K added.
- The largest GUGGENHEIM CREDIT ALLOCATION FUND seller in Q2 2014 was UBS, an estimated $354K sold.
Based on aggregated 13F filings for Q2 2014.