GUGGENHEIM CREDIT ALLOCATION FUND
GGM
GGM was delisted on the 22nd of October, 2021.
20 hedge funds and large institutions have $13.5M invested in GUGGENHEIM CREDIT ALLOCATION FUND in 2017 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 4 increasing their positions, 9 reducing their positions, and 3 closing their positions.
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
0% more funds holding
Funds holding: 20 → 20 (0)
7% less capital invested
Capital invested by funds: $14.5M → $13.5M (-$1.05M)
56% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$1.05M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$953K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$831K |
| 4 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$46.2K |
| 5 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$23.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$1.05M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$916K |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
-$441K |
| 4 |
BTS
BB&T Securities
Richmond,
Virginia
|
-$357K |
| 5 |
Bessemer Group
Woodbridge,
New Jersey
|
-$250K |
GGM Hedge Fund Activity: Q1 2017 in Review
20 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in GUGGENHEIM CREDIT ALLOCATION FUND (GGM) for Q1 2017, worth a combined $13.5M — down 7.2% from $14.5M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new GGM positions and 3 closed out — a net gain of 1 holder — while 4 added to existing stakes and 9 trimmed.
The largest buyer was Bank of America, adding an estimated $1.05M. The largest seller was Shaker Financial Services, exiting entirely with an estimated $1.05M sold.
- 20 institutional investors held GUGGENHEIM CREDIT ALLOCATION FUND (GGM) as of Q1 2017, unchanged from Q4 2016.
- Funds reported $13.5M of GUGGENHEIM CREDIT ALLOCATION FUND stock for Q1 2017, down 7.2% quarter-over-quarter.
- 4 funds opened new GUGGENHEIM CREDIT ALLOCATION FUND positions in Q1 2017 and 3 closed out, a net change of +1 holder.
- The largest GUGGENHEIM CREDIT ALLOCATION FUND buyer in Q1 2017 was Bank of America, an estimated $1.05M added.
- The largest GUGGENHEIM CREDIT ALLOCATION FUND seller in Q1 2017 was Shaker Financial Services, an estimated $1.05M sold.
Based on aggregated 13F filings for Q1 2017.