GUGGENHEIM CREDIT ALLOCATION FUND
GGM
GGM was delisted on the 22nd of October, 2021.
18 hedge funds and large institutions have $10.9M invested in GUGGENHEIM CREDIT ALLOCATION FUND in 2016 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 5 increasing their positions, 6 reducing their positions, and 2 closing their positions.
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
13% more funds holding
Funds holding: 16 → 18 (+2)
15% less capital invested
Capital invested by funds: $12.8M → $10.9M (-$1.85M)
17% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$325K |
| 2 |
SPC
Sigma Planning Corp
Ann Arbor,
Michigan
|
+$88.8K |
| 3 |
Morgan Stanley
New York
|
+$19K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$18.7K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
+$13K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$1.49M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$408K |
| 3 |
Invesco
Atlanta,
Georgia
|
-$330K |
| 4 |
SG Americas Securities
New York
|
-$310K |
| 5 |
Bessemer Group
Woodbridge,
New Jersey
|
-$187K |
GGM Hedge Fund Activity: Q1 2016 in Review
18 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in GUGGENHEIM CREDIT ALLOCATION FUND (GGM) for Q1 2016, worth a combined $10.9M — down 15% from $12.8M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new GGM positions and 2 closed out — a net gain of 2 holders — while 5 added to existing stakes and 6 trimmed.
The largest buyer was Raymond James & Associates, opening a new position worth an estimated $325K. The largest seller was Shaker Financial Services, exiting entirely with an estimated $1.49M sold.
- 18 institutional investors held GUGGENHEIM CREDIT ALLOCATION FUND (GGM) as of Q1 2016, up from 16 in Q4 2015.
- Funds reported $10.9M of GUGGENHEIM CREDIT ALLOCATION FUND stock for Q1 2016, down 15% quarter-over-quarter.
- 4 funds opened new GUGGENHEIM CREDIT ALLOCATION FUND positions in Q1 2016 and 2 closed out, a net change of +2 holders.
- The largest GUGGENHEIM CREDIT ALLOCATION FUND buyer in Q1 2016 was Raymond James & Associates, an estimated $325K added.
- The largest GUGGENHEIM CREDIT ALLOCATION FUND seller in Q1 2016 was Shaker Financial Services, an estimated $1.49M sold.
Based on aggregated 13F filings for Q1 2016.