GAMCO Global Gold, Natural Resources & Income Trust
GGN
116 hedge funds and large institutions have $38.7M invested in GAMCO Global Gold, Natural Resources & Income Trust in 2020 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 38 increasing their positions, 24 reducing their positions, and 18 closing their positions.
58% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 24
28% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 18
2% more funds holding
Funds holding: 114 → 116 (+2)
1.14% more ownership
Funds ownership: 7.54% → 8.67% (+1.1%)
16% less capital invested
Capital invested by funds: $46.2M → $38.7M (-$7.45M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OA
Oxbow Advisors
Austin,
Texas
|
+$7.34M |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$2.89M |
| 3 |
Morgan Stanley
New York
|
+$2.57M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$2.03M |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
+$1.81M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GVAG
Great Valley Advisor Group
Wilmington,
Delaware
|
-$2.76M |
| 2 |
ACM
Ashford Capital Management
Wilmington,
Delaware
|
-$2.06M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$850K |
| 4 |
SBIA
Sheaff Brock Investment Advisors
Indianapolis,
Indiana
|
-$210K |
| 5 |
CC
Claybrook Capital
Wellesley,
Massachusetts
|
-$172K |
GGN Hedge Fund Activity: Q1 2020 in Review
116 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in GAMCO Global Gold, Natural Resources & Income Trust (GGN) for Q1 2020, worth a combined $38.7M — down 16% from $46.2M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new GGN positions and 18 closed out — a net gain of 5 holders — while 38 added to existing stakes and 24 trimmed.
The largest buyer was Oxbow Advisors, adding an estimated $7.34M. The largest seller was Great Valley Advisor Group, cutting an estimated $2.76M.
- 116 institutional investors held GAMCO Global Gold, Natural Resources & Income Trust (GGN) as of Q1 2020, up from 114 in Q4 2019.
- Funds reported $38.7M of GAMCO Global Gold, Natural Resources & Income Trust stock for Q1 2020, down 16% quarter-over-quarter.
- 23 funds opened new GAMCO Global Gold, Natural Resources & Income Trust positions in Q1 2020 and 18 closed out, a net change of +5 holders.
- The largest GAMCO Global Gold, Natural Resources & Income Trust buyer in Q1 2020 was Oxbow Advisors, an estimated $7.34M added.
- The largest GAMCO Global Gold, Natural Resources & Income Trust seller in Q1 2020 was Great Valley Advisor Group, an estimated $2.76M sold.
Based on aggregated 13F filings for Q1 2020.