GUGGENHEIM CREDIT ALLOCATION FUND
GGM
GGM was delisted on the 22nd of October, 2021.
22 hedge funds and large institutions have $13.2M invested in GUGGENHEIM CREDIT ALLOCATION FUND in 2019 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 8 increasing their positions, 6 reducing their positions, and 3 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 6
6% more capital invested
Capital invested by funds: $12.5M → $13.2M (+$693K)
0% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 3
4% less funds holding
Funds holding: 23 → 22 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Truist Financial
Charlotte,
North Carolina
|
+$400K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$366K |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$346K |
| 4 |
MAFM
Mid Atlantic Financial Management
Pittsburgh,
Pennsylvania
|
+$161K |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$87.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
QCIG
Quad-Cities Investment Group
Davenport,
Iowa
|
-$47K |
| 2 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$41.4K |
| 3 |
Bessemer Group
Woodbridge,
New Jersey
|
-$41K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$29.4K |
| 5 |
WT
Whittier Trust
South Pasadena,
California
|
-$20K |
GGM Hedge Fund Activity: Q4 2019 in Review
22 of the 5,092 institutional investors tracked by Wall St. Rank reported a position in GUGGENHEIM CREDIT ALLOCATION FUND (GGM) for Q4 2019, worth a combined $13.2M — up 5.5% from $12.5M a quarter earlier.
Fund positioning in GGM was balanced in Q4 2019: 3 funds opened new positions, 3 closed out, 8 added to existing stakes and 6 trimmed.
The largest buyer was Truist Financial, opening a new position worth an estimated $400K. The largest seller was Quad-Cities Investment Group, exiting entirely with an estimated $47K sold.
- 22 institutional investors held GUGGENHEIM CREDIT ALLOCATION FUND (GGM) as of Q4 2019, down from 23 in Q3 2019.
- Funds reported $13.2M of GUGGENHEIM CREDIT ALLOCATION FUND stock for Q4 2019, up 5.5% quarter-over-quarter.
- 3 funds opened new GUGGENHEIM CREDIT ALLOCATION FUND positions in Q4 2019 and 3 closed out, a net change of 0 holders.
- The largest GUGGENHEIM CREDIT ALLOCATION FUND buyer in Q4 2019 was Truist Financial, an estimated $400K added.
- The largest GUGGENHEIM CREDIT ALLOCATION FUND seller in Q4 2019 was Quad-Cities Investment Group, an estimated $47K sold.
Based on aggregated 13F filings for Q4 2019.