GAMCO Global Gold, Natural Resources & Income Trust
GGN
112 hedge funds and large institutions have $63.2M invested in GAMCO Global Gold, Natural Resources & Income Trust in 2020 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 38 increasing their positions, 26 reducing their positions, and 13 closing their positions.
54% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 13
46% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 26
7% more funds holding
Funds holding: 105 → 112 (+7)
0.03% more ownership
Funds ownership: 11.18% → 11.21% (+0.03%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1% less capital invested
Capital invested by funds: $63.6M → $63.2M (-$356K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$2.17M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$807K |
| 3 |
MML Investors Services
Springfield,
Massachusetts
|
+$783K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$534K |
| 5 |
SC
Stolper & Co
Tulsa,
Oklahoma
|
+$528K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$5.09M |
| 2 |
ACM
Ashford Capital Management
Wilmington,
Delaware
|
-$939K |
| 3 |
Goldman Sachs
New York
|
-$858K |
| 4 |
Morgan Stanley
New York
|
-$660K |
| 5 |
AGM
Alpine Global Management
New York
|
-$463K |
GGN Hedge Fund Activity: Q3 2020 in Review
112 of the 4,957 institutional investors tracked by Wall St. Rank reported a position in GAMCO Global Gold, Natural Resources & Income Trust (GGN) for Q3 2020, worth a combined $63.2M — down 0.56% from $63.6M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new GGN positions and 13 closed out — a net gain of 7 holders — while 38 added to existing stakes and 26 trimmed.
The largest buyer was 1832 Asset Management, adding an estimated $2.17M. The largest seller was Cornerstone Advisors, exiting entirely with an estimated $5.09M sold.
- 112 institutional investors held GAMCO Global Gold, Natural Resources & Income Trust (GGN) as of Q3 2020, up from 105 in Q2 2020.
- Funds reported $63.2M of GAMCO Global Gold, Natural Resources & Income Trust stock for Q3 2020, down 0.56% quarter-over-quarter.
- 20 funds opened new GAMCO Global Gold, Natural Resources & Income Trust positions in Q3 2020 and 13 closed out, a net change of +7 holders.
- The largest GAMCO Global Gold, Natural Resources & Income Trust buyer in Q3 2020 was 1832 Asset Management, an estimated $2.17M added.
- The largest GAMCO Global Gold, Natural Resources & Income Trust seller in Q3 2020 was Cornerstone Advisors, an estimated $5.09M sold.
Based on aggregated 13F filings for Q3 2020.