Guggenheim Enhanced Equity Income Fund
GPM
GPM was delisted on the 22nd of October, 2021.
59 hedge funds and large institutions have $90M invested in Guggenheim Enhanced Equity Income Fund in 2020 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 16 increasing their positions, 20 reducing their positions, and 5 closing their positions.
160% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 5
37% more capital invested
Capital invested by funds: $65.8M → $90M (+$24.2M)
16% more funds holding
Funds holding: 51 → 59 (+8)
20% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$14M |
| 2 |
SCM
Saba Capital Management
New York
|
+$2.3M |
| 3 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$1.3M |
| 4 |
Cohen & Steers
New York
|
+$844K |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$695K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$5.31M |
| 2 |
Morgan Stanley
New York
|
-$3.15M |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
-$887K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$601K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$529K |
GPM Hedge Fund Activity: Q4 2020 in Review
59 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in Guggenheim Enhanced Equity Income Fund (GPM) for Q4 2020, worth a combined $90M — up 37% from $65.8M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new GPM positions and 5 closed out — a net gain of 8 holders — while 16 added to existing stakes and 20 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $14M. The largest seller was Cornerstone Advisors, exiting entirely with an estimated $5.31M sold.
- 59 institutional investors held Guggenheim Enhanced Equity Income Fund (GPM) as of Q4 2020, up from 51 in Q3 2020.
- Funds reported $90M of Guggenheim Enhanced Equity Income Fund stock for Q4 2020, up 37% quarter-over-quarter.
- 13 funds opened new Guggenheim Enhanced Equity Income Fund positions in Q4 2020 and 5 closed out, a net change of +8 holders.
- The largest Guggenheim Enhanced Equity Income Fund buyer in Q4 2020 was Karpus Investment Management, an estimated $14M added.
- The largest Guggenheim Enhanced Equity Income Fund seller in Q4 2020 was Cornerstone Advisors, an estimated $5.31M sold.
Based on aggregated 13F filings for Q4 2020.