GUGGENHEIM CREDIT ALLOCATION FUND
GGM
GGM was delisted on the 22nd of October, 2021.
22 hedge funds and large institutions have $13.6M invested in GUGGENHEIM CREDIT ALLOCATION FUND in 2019 Q2 according to their latest regulatory filings, with 0 funds opening new positions, 8 increasing their positions, 9 reducing their positions, and 1 closing their positions.
4% less funds holding
Funds holding: 23 → 22 (-1)
5% less capital invested
Capital invested by funds: $14.3M → $13.6M (-$731K)
11% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 9
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$112K |
| 2 |
MAFM
Mid Atlantic Financial Management
Pittsburgh,
Pennsylvania
|
+$85.3K |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
+$59.3K |
| 4 |
LPL Financial
San Diego,
California
|
+$10K |
| 5 |
IWM
IHT Wealth Management
Chicago,
Illinois
|
+$1.33K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.03M |
| 2 |
BTS
BB&T Securities
Richmond,
Virginia
|
-$129K |
| 3 |
SWM
SeaCrest Wealth Management
Purchase,
New York
|
-$88K |
| 4 |
AG
Advisor Group
Phoenix,
Arizona
|
-$78.1K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$74.8K |
GGM Hedge Fund Activity: Q2 2019 in Review
22 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in GUGGENHEIM CREDIT ALLOCATION FUND (GGM) for Q2 2019, worth a combined $13.6M — down 5.1% from $14.3M a quarter earlier.
Sellers outnumbered buyers: 1 fund closed out of GGM and 0 opened new positions — a net loss of 1 holder — while 9 trimmed existing stakes and 8 added.
The largest buyer was Cambridge Investment Research Advisors, adding an estimated $112K. The largest seller was Morgan Stanley, cutting an estimated $1.03M.
- 22 institutional investors held GUGGENHEIM CREDIT ALLOCATION FUND (GGM) as of Q2 2019, down from 23 in Q1 2019.
- Funds reported $13.6M of GUGGENHEIM CREDIT ALLOCATION FUND stock for Q2 2019, down 5.1% quarter-over-quarter.
- 0 funds opened new GUGGENHEIM CREDIT ALLOCATION FUND positions in Q2 2019 and 1 closed out, a net change of -1 holder.
- The largest GUGGENHEIM CREDIT ALLOCATION FUND buyer in Q2 2019 was Cambridge Investment Research Advisors, an estimated $112K added.
- The largest GUGGENHEIM CREDIT ALLOCATION FUND seller in Q2 2019 was Morgan Stanley, an estimated $1.03M sold.
Based on aggregated 13F filings for Q2 2019.