GUGGENHEIM CREDIT ALLOCATION FUND
GGM
GGM was delisted on the 22nd of October, 2021.
23 hedge funds and large institutions have $12.5M invested in GUGGENHEIM CREDIT ALLOCATION FUND in 2019 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 10 increasing their positions, 5 reducing their positions, and 2 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 5
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
5% more funds holding
Funds holding: 22 → 23 (+1)
8% less capital invested
Capital invested by funds: $13.6M → $12.5M (-$1.09M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MAFM
Mid Atlantic Financial Management
Pittsburgh,
Pennsylvania
|
+$251K |
| 2 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$216K |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$97.3K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$60.4K |
| 5 |
Bessemer Group
Woodbridge,
New Jersey
|
+$41K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$503K |
| 2 |
Morgan Stanley
New York
|
-$456K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$194K |
| 4 |
CF
Centaurus Financial
Anaheim,
California
|
-$104K |
| 5 |
BTS
BB&T Securities
Richmond,
Virginia
|
-$11.8K |
GGM Hedge Fund Activity: Q3 2019 in Review
23 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in GUGGENHEIM CREDIT ALLOCATION FUND (GGM) for Q3 2019, worth a combined $12.5M — down 8% from $13.6M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new GGM positions and 2 closed out — a net gain of 1 holder — while 10 added to existing stakes and 5 trimmed.
The largest buyer was Mid Atlantic Financial Management, adding an estimated $251K. The largest seller was Invesco, cutting an estimated $503K.
- 23 institutional investors held GUGGENHEIM CREDIT ALLOCATION FUND (GGM) as of Q3 2019, up from 22 in Q2 2019.
- Funds reported $12.5M of GUGGENHEIM CREDIT ALLOCATION FUND stock for Q3 2019, down 8% quarter-over-quarter.
- 3 funds opened new GUGGENHEIM CREDIT ALLOCATION FUND positions in Q3 2019 and 2 closed out, a net change of +1 holder.
- The largest GUGGENHEIM CREDIT ALLOCATION FUND buyer in Q3 2019 was Mid Atlantic Financial Management, an estimated $251K added.
- The largest GUGGENHEIM CREDIT ALLOCATION FUND seller in Q3 2019 was Invesco, an estimated $503K sold.
Based on aggregated 13F filings for Q3 2019.