We are live on ! Find out more
GGN

GAMCO Global Gold, Natural Resources & Income Trust
GGN

85 hedge funds and large institutions have $96.3M invested in GAMCO Global Gold, Natural Resources & Income Trust in 2013 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 18 increasing their positions, 31 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

62% more first-time investments, than exits

New positions opened: 21 | Existing positions closed: 13

9% more funds holding

Funds holding: 78 → 85 (+7)

2.75% more ownership

Funds ownership: 10.72% → 13.46% (+2.7%)

3% more capital invested

Capital invested by funds: $93.6M → $96.3M (+$2.68M)

42% less repeat investments, than reductions

Existing positions increased: 18 | Existing positions reduced: 31

100% less funds holding in top 10

Funds holding in top 10: 1 → 0 (-1)

Holders
85
Holders Change
+7
Holders Change %
+8.97%
% of All Funds
2.47%
Holding in Top 10
–
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
–
New
21
Increased
18
Reduced
31
Closed
13
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Bank of America
Bank of America
North Carolina
+$6.74M
2
SG Americas Securities
SG Americas Securities
New York
+$3.96M
3
MIG
Mariner Investment Group
New York
+$2.98M
4
CA
Cornerstone Advisors
North Carolina
+$2.57M
5
RCM
Rivernorth Capital Management
Florida
+$2.26M

Top Sellers

Rank Fund Capital Flow
1
Morgan Stanley
Morgan Stanley
New York
-$3.18M
2
AA
Apriem Advisors
California
-$1.89M
3
U
UBS
Switzerland
-$1.58M
4
GC
Guggenheim Capital
Illinois
-$850K
5
Wells Fargo
Wells Fargo
California
-$648K
Name Holding Trade Value Shares
Change 		Change in
Stake
Commonwealth Equity Services
26
Commonwealth Equity Services
Massachusetts
$843K -$15.8K -1,595 -2%
PP
27
Paloma Partners
Connecticut
$802K +$880K +88,928 New
RJFSA
28
Raymond James Financial Services Advisors
Florida
$792K -$166K -16,817 -16%
Royal Bank of Canada
29
Royal Bank of Canada
Ontario, Canada
$774K -$424K -42,875 -33%
Cambridge Investment Research Advisors
30
Cambridge Investment Research Advisors
Iowa
$692K -$75.3K -7,614 -9%
Geode Capital Management
31
Geode Capital Management
Massachusetts
$678K – – –
BRWA
32
B. Riley Wealth Advisors
Florida
$654K -$9.58K -968 -1%
ICAS
33
Investors Capital Advisory Services
Massachusetts
$611K +$108K +10,909 +19%
IMS
34
Index Management Solutions
Pennsylvania
$603K +$478K +48,290 +261%
TC
35
TFS Capital
Pennsylvania
$594K +$652K +65,872 New
MFS
36
MSI Financial Services
Massachusetts
$586K +$374K +37,804 +139%
Janney Montgomery Scott
37
Janney Montgomery Scott
Pennsylvania
$484K +$67.5K +6,820 +15%
SFSIG
38
San Francisco Sentry Investment Group
California
$470K – – –
WS
39
Wedbush Securities
California
$414K -$17.3K -1,746 -4%
OIM
40
Orca Investment Management
Oregon
$409K +$448K +45,290 New
ISL
41
Ingalls & Snyder LLC
New York
$376K -$136K -13,750 -25%
N
42
Nuveen
North Carolina
$365K -$148K -15,000 -27%
DA
43
Doliver Advisors
Texas
$329K +$361K +36,473 New
EWM
44
Elite Wealth Management
Washington
$316K – – –
AHC
45
Adell Harriman & Carpenter
Texas
$300K -$74K -7,475 -18%
OC
46
Oppenheimer & Co
New York
$282K -$5.63K -569 -2%
CAS
47
CTC Alternative Strategies
Illinois
$261K +$286K +28,900 New
B
48
Baird
Wisconsin
$241K +$27.5K +2,779 +12%
CA
49
Cetera Advisors
Colorado
$223K -$177K -17,925 -42%
FAAS
50
First Allied Advisory Services
California
$214K -$296K -29,866 -56%
1
2
3 4

GGN Hedge Fund Activity: Q4 2013 in Review

85 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in GAMCO Global Gold, Natural Resources & Income Trust (GGN) for Q4 2013, worth a combined $96.3M — up 2.9% from $93.6M a quarter earlier.

Buyers outnumbered sellers: 21 funds opened new GGN positions and 13 closed out — a net gain of 8 holders — while 18 added to existing stakes and 31 trimmed.

The largest buyer was Bank of America, adding an estimated $6.74M. The largest seller was Morgan Stanley, cutting an estimated $3.18M.

  • 85 institutional investors held GAMCO Global Gold, Natural Resources & Income Trust (GGN) as of Q4 2013, up from 78 in Q3 2013.
  • Funds reported $96.3M of GAMCO Global Gold, Natural Resources & Income Trust stock for Q4 2013, up 2.9% quarter-over-quarter.
  • 21 funds opened new GAMCO Global Gold, Natural Resources & Income Trust positions in Q4 2013 and 13 closed out, a net change of +8 holders.
  • The largest GAMCO Global Gold, Natural Resources & Income Trust buyer in Q4 2013 was Bank of America, an estimated $6.74M added.
  • The largest GAMCO Global Gold, Natural Resources & Income Trust seller in Q4 2013 was Morgan Stanley, an estimated $3.18M sold.

Based on aggregated 13F filings for Q4 2013.