GAMCO Global Gold, Natural Resources & Income Trust
GGN
120 hedge funds and large institutions have $53.5M invested in GAMCO Global Gold, Natural Resources & Income Trust in 2021 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 36 increasing their positions, 31 reducing their positions, and 16 closing their positions.
16% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 31
13% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 16
0% more funds holding
Funds holding: 120 → 120 (0)
2.41% less ownership
Funds ownership: 11.71% → 9.3% (-2.4%)
21% less capital invested
Capital invested by funds: $68M → $53.5M (-$14.5M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VCWA
Vanguard Capital Wealth Advisors
Denver,
Colorado
|
+$1.33M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$1.24M |
| 3 |
Mercer Global Advisors
Denver,
Colorado
|
+$946K |
| 4 |
Barclays
London,
United Kingdom
|
+$538K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$341K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OA
Oxbow Advisors
Austin,
Texas
|
-$8.52M |
| 2 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$3.5M |
| 3 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$1.66M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.4M |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$1.31M |
GGN Hedge Fund Activity: Q1 2021 in Review
120 of the 5,696 institutional investors tracked by Wall St. Rank reported a position in GAMCO Global Gold, Natural Resources & Income Trust (GGN) for Q1 2021, worth a combined $53.5M — down 21% from $68M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new GGN positions and 16 closed out — a net gain of 2 holders — while 36 added to existing stakes and 31 trimmed.
The largest buyer was Vanguard Capital Wealth Advisors, opening a new position worth an estimated $1.33M. The largest seller was Oxbow Advisors, cutting an estimated $8.52M.
- 120 institutional investors held GAMCO Global Gold, Natural Resources & Income Trust (GGN) as of Q1 2021, unchanged from Q4 2020.
- Funds reported $53.5M of GAMCO Global Gold, Natural Resources & Income Trust stock for Q1 2021, down 21% quarter-over-quarter.
- 18 funds opened new GAMCO Global Gold, Natural Resources & Income Trust positions in Q1 2021 and 16 closed out, a net change of +2 holders.
- The largest GAMCO Global Gold, Natural Resources & Income Trust buyer in Q1 2021 was Vanguard Capital Wealth Advisors, an estimated $1.33M added.
- The largest GAMCO Global Gold, Natural Resources & Income Trust seller in Q1 2021 was Oxbow Advisors, an estimated $8.52M sold.
Based on aggregated 13F filings for Q1 2021.