Guggenheim Active Allocation Fund
GUG
50 hedge funds and large institutions have $121M invested in Guggenheim Active Allocation Fund in 2024 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 18 increasing their positions, 12 reducing their positions, and 8 closing their positions.
75% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 8
50% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 12
14% more funds holding
Funds holding: 44 → 50 (+6)
4.83% less ownership
Funds ownership: 29.88% → 25.05% (-4.8%)
15% less capital invested
Capital invested by funds: $143M → $121M (-$22.2M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2.01M |
| 2 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$1.89M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.5M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.42M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$1.22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$15.2M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$12.1M |
| 3 |
PCM
Penserra Capital Management
Orinda,
California
|
-$4.58M |
| 4 |
AWM
AE Wealth Management
Topeka,
Kansas
|
-$1.41M |
| 5 |
MC
Meteora Capital
Boca Raton,
Florida
|
-$425K |
GUG Hedge Fund Activity: Q1 2024 in Review
50 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Guggenheim Active Allocation Fund (GUG) for Q1 2024, worth a combined $121M — down 15% from $143M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new GUG positions and 8 closed out — a net gain of 6 holders — while 18 added to existing stakes and 12 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $2.01M. The largest seller was Saba Capital Management, cutting an estimated $15.2M.
- 50 institutional investors held Guggenheim Active Allocation Fund (GUG) as of Q1 2024, up from 44 in Q4 2023.
- Funds reported $121M of Guggenheim Active Allocation Fund stock for Q1 2024, down 15% quarter-over-quarter.
- 14 funds opened new Guggenheim Active Allocation Fund positions in Q1 2024 and 8 closed out, a net change of +6 holders.
- The largest Guggenheim Active Allocation Fund buyer in Q1 2024 was Morgan Stanley, an estimated $2.01M added.
- The largest Guggenheim Active Allocation Fund seller in Q1 2024 was Saba Capital Management, an estimated $15.2M sold.
Based on aggregated 13F filings for Q1 2024.