GUGGENHEIM CREDIT ALLOCATION FUND
GGM
GGM was delisted on the 22nd of October, 2021.
20 hedge funds and large institutions have $14.4M invested in GUGGENHEIM CREDIT ALLOCATION FUND in 2016 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 7 increasing their positions, 6 reducing their positions, and closing their positions.
17% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 6
11% more funds holding
Funds holding: 18 → 20 (+2)
5% less capital invested
Capital invested by funds: $15.2M → $14.4M (-$807K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$309K |
| 2 |
Invesco
Atlanta,
Georgia
|
+$166K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$97.3K |
| 4 |
SPC
Sigma Planning Corp
Ann Arbor,
Michigan
|
+$56.4K |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$52.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RFWA
RPg Family Wealth Advisory
Burlington,
Massachusetts
|
-$2.19M |
| 2 |
BTS
BB&T Securities
Richmond,
Virginia
|
-$336K |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
-$86.5K |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
-$43.4K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$21.1K |
GGM Hedge Fund Activity: Q3 2016 in Review
20 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in GUGGENHEIM CREDIT ALLOCATION FUND (GGM) for Q3 2016, worth a combined $14.4M — down 5.3% from $15.2M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new GGM positions and 0 closed out — a net gain of 2 holders — while 7 added to existing stakes and 6 trimmed.
The largest buyer was Cetera Investment Advisers, opening a new position worth an estimated $309K. The largest seller was RPg Family Wealth Advisory, cutting an estimated $2.19M.
- 20 institutional investors held GUGGENHEIM CREDIT ALLOCATION FUND (GGM) as of Q3 2016, up from 18 in Q2 2016.
- Funds reported $14.4M of GUGGENHEIM CREDIT ALLOCATION FUND stock for Q3 2016, down 5.3% quarter-over-quarter.
- 2 funds opened new GUGGENHEIM CREDIT ALLOCATION FUND positions in Q3 2016 and 0 closed out, a net change of +2 holders.
- The largest GUGGENHEIM CREDIT ALLOCATION FUND buyer in Q3 2016 was Cetera Investment Advisers, an estimated $309K added.
- The largest GUGGENHEIM CREDIT ALLOCATION FUND seller in Q3 2016 was RPg Family Wealth Advisory, an estimated $2.19M sold.
Based on aggregated 13F filings for Q3 2016.