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, 17 increasing their positions, 13 reducing their positions, and 8 closing their positions.
75% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 8
31% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 13
14% more funds holding
Funds holding: 44 → 50 (+6)
10.39% less ownership
Funds ownership: 35.44% → 25.05% (-10%)
29% less capital invested
Capital invested by funds: $170M → $121M (-$48.8M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$1.89M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.48M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.42M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$1.22M |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$1.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$24.5M |
| 2 |
SCM
Saba Capital Management
New York
|
-$15.2M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$12.1M |
| 4 |
PCM
Penserra Capital Management
Orinda,
California
|
-$4.58M |
| 5 |
AWM
AE Wealth Management
Topeka,
Kansas
|
-$1.41M |
GUG Hedge Fund Activity: Q1 2024 in Review
50 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in Guggenheim Active Allocation Fund (GUG) for Q1 2024, worth a combined $121M — down 29% from $170M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new GUG positions and 8 closed out — a net gain of 6 holders — while 17 added to existing stakes and 13 trimmed.
The largest buyer was Baird Financial Group, adding an estimated $1.89M. The largest seller was Morgan Stanley, cutting an estimated $24.5M.
- 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 29% 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 Baird Financial Group, an estimated $1.89M added.
- The largest Guggenheim Active Allocation Fund seller in Q1 2024 was Morgan Stanley, an estimated $24.5M sold.
Based on aggregated 13F filings for Q1 2024.