GAMCO Global Gold, Natural Resources & Income Trust
GGN
88 hedge funds and large institutions have $100M invested in GAMCO Global Gold, Natural Resources & Income Trust in 2015 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 24 increasing their positions, 33 reducing their positions, and 8 closing their positions.
75% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 8
4% more funds holding
Funds holding: 85 → 88 (+3)
0.36% more ownership
Funds ownership: 13.3% → 13.66% (+0.36%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
4% less capital invested
Capital invested by funds: $104M → $100M (-$4.31M)
27% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 33
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VIA
Vident Investment Advisory
Alpharetta,
Georgia
|
+$4.45M |
| 2 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$1.42M |
| 3 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
+$1.11M |
| 4 |
OFG
OTA Financial Group
Purchase,
New York
|
+$962K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$743K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
-$2.27M |
| 2 |
OA
Oxbow Advisors
Austin,
Texas
|
-$1.73M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$863K |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
-$460K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$431K |
GGN Hedge Fund Activity: Q2 2015 in Review
88 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in GAMCO Global Gold, Natural Resources & Income Trust (GGN) for Q2 2015, worth a combined $100M — down 4.1% from $104M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new GGN positions and 8 closed out — a net gain of 6 holders — while 24 added to existing stakes and 33 trimmed.
The largest buyer was Vident Investment Advisory, opening a new position worth an estimated $4.45M. The largest seller was BNP Paribas Financial Markets, exiting entirely with an estimated $2.27M sold.
- 88 institutional investors held GAMCO Global Gold, Natural Resources & Income Trust (GGN) as of Q2 2015, up from 85 in Q1 2015.
- Funds reported $100M of GAMCO Global Gold, Natural Resources & Income Trust stock for Q2 2015, down 4.1% quarter-over-quarter.
- 14 funds opened new GAMCO Global Gold, Natural Resources & Income Trust positions in Q2 2015 and 8 closed out, a net change of +6 holders.
- The largest GAMCO Global Gold, Natural Resources & Income Trust buyer in Q2 2015 was Vident Investment Advisory, an estimated $4.45M added.
- The largest GAMCO Global Gold, Natural Resources & Income Trust seller in Q2 2015 was BNP Paribas Financial Markets, an estimated $2.27M sold.
Based on aggregated 13F filings for Q2 2015.