GAMCO Global Gold, Natural Resources & Income Trust
GGN
76 hedge funds and large institutions have $82.5M invested in GAMCO Global Gold, Natural Resources & Income Trust in 2016 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 25 increasing their positions, 28 reducing their positions, and 17 closing their positions.
3% more capital invested
Capital invested by funds: $80.4M → $82.5M (+$2.11M)
0.77% less ownership
Funds ownership: 14.99% → 14.22% (-0.77%)
7% less funds holding
Funds holding: 82 → 76 (-6)
11% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 28
35% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 17
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $18K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VIA
Vident Investment Advisory
Alpharetta,
Georgia
|
+$3.34M |
| 2 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$3.11M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$2.48M |
| 4 |
RIA
RPG Investment Advisory
Pleasanton,
California
|
+$1.4M |
| 5 |
OA
Oxbow Advisors
Austin,
Texas
|
+$1.36M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$2.81M |
| 2 |
DA
Doliver Advisors
Houston,
Texas
|
-$2.49M |
| 3 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$2.41M |
| 4 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
-$2.26M |
| 5 |
Citigroup
New York
|
-$1.48M |
GGN Hedge Fund Activity: Q1 2016 in Review
76 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in GAMCO Global Gold, Natural Resources & Income Trust (GGN) for Q1 2016, worth a combined $82.5M — up 2.6% from $80.4M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of GGN and 11 opened new positions — a net loss of 6 holders — while 28 trimmed existing stakes and 25 added.
The largest buyer was Vident Investment Advisory, adding an estimated $3.34M. The largest seller was Mariner Investment Group, exiting entirely with an estimated $2.81M sold.
- 76 institutional investors held GAMCO Global Gold, Natural Resources & Income Trust (GGN) as of Q1 2016, down from 82 in Q4 2015.
- Funds reported $82.5M of GAMCO Global Gold, Natural Resources & Income Trust stock for Q1 2016, up 2.6% quarter-over-quarter.
- 11 funds opened new GAMCO Global Gold, Natural Resources & Income Trust positions in Q1 2016 and 17 closed out, a net change of -6 holders.
- The largest GAMCO Global Gold, Natural Resources & Income Trust buyer in Q1 2016 was Vident Investment Advisory, an estimated $3.34M added.
- The largest GAMCO Global Gold, Natural Resources & Income Trust seller in Q1 2016 was Mariner Investment Group, an estimated $2.81M sold.
Based on aggregated 13F filings for Q1 2016.