Guggenheim Enhanced Equity Income Fund
GPM
GPM was delisted on the 22nd of October, 2021.
60 hedge funds and large institutions have $116M invested in Guggenheim Enhanced Equity Income Fund in 2021 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 26 increasing their positions, 15 reducing their positions, and 7 closing their positions.
73% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 15
29% more capital invested
Capital invested by funds: $90M → $116M (+$26M)
14% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 7
2% more funds holding
Funds holding: 59 → 60 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$8.33M |
| 2 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$4.43M |
| 3 |
Cohen & Steers
New York
|
+$2.55M |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$2.41M |
| 5 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$1.76M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$4.13M |
| 2 |
SCM
Saba Capital Management
New York
|
-$871K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$738K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$721K |
| 5 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$383K |
GPM Hedge Fund Activity: Q1 2021 in Review
60 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in Guggenheim Enhanced Equity Income Fund (GPM) for Q1 2021, worth a combined $116M — up 29% from $90M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new GPM positions and 7 closed out — a net gain of 1 holder — while 26 added to existing stakes and 15 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $8.33M. The largest seller was Morgan Stanley, cutting an estimated $4.13M.
- 60 institutional investors held Guggenheim Enhanced Equity Income Fund (GPM) as of Q1 2021, up from 59 in Q4 2020.
- Funds reported $116M of Guggenheim Enhanced Equity Income Fund stock for Q1 2021, up 29% quarter-over-quarter.
- 8 funds opened new Guggenheim Enhanced Equity Income Fund positions in Q1 2021 and 7 closed out, a net change of +1 holder.
- The largest Guggenheim Enhanced Equity Income Fund buyer in Q1 2021 was Karpus Investment Management, an estimated $8.33M added.
- The largest Guggenheim Enhanced Equity Income Fund seller in Q1 2021 was Morgan Stanley, an estimated $4.13M sold.
Based on aggregated 13F filings for Q1 2021.