GAMCO Global Gold, Natural Resources & Income Trust
GGN
78 hedge funds and large institutions have $93.6M invested in GAMCO Global Gold, Natural Resources & Income Trust in 2013 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 34 increasing their positions, 17 reducing their positions, and 8 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 17
63% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 8
19% more capital invested
Capital invested by funds: $78.9M → $93.6M (+$14.7M)
5% more funds holding
Funds holding: 74 → 78 (+4)
0.36% more ownership
Funds ownership: 10.36% → 10.72% (+0.36%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2.35M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$1.68M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$667K |
| 4 |
LPL Financial
San Diego,
California
|
+$601K |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$501K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$1.51M |
| 2 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$888K |
| 3 |
APU
Alpine Partners USVI
St. Thomas,
U.S. Virgin Islands
|
-$753K |
| 4 |
OFG
OTA Financial Group
Purchase,
New York
|
-$669K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$626K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MAS
76
Madden Advisory Services
Jacksonville,
Florida
| $4K | +$2.12K | +198 | +96% |
|
|
NHFG
77
New Harbor Financial Group
Worcester,
Massachusetts
| $3K | +$3.21K | +300 | New |
|
|
CFA
78
Carroll Financial Associates
Charlotte,
North Carolina
| $2K | – | – | – |
|
|
TC
79
TFS Capital
West Chester,
Pennsylvania
| – | -$888K | -91,008 | Closed |
|
|
APU
80
Alpine Partners USVI
St. Thomas,
U.S. Virgin Islands
| – | -$753K | -77,200 | Closed |
|
|
OFG
81
OTA Financial Group
Purchase,
New York
| – | -$669K | -68,624 | Closed |
|
|
BCM
82
Bluefin Capital Management
New York
| – | -$600K | -60,749 | Closed |
|
83
Jane Street
New York
| – | -$431K | -44,207 | Closed |
|
|
CCT
84
Capital City Trust
Tallahassee,
Florida
| – | -$7K | -760 | Closed |
|
|
GI
85
Gradient Investments
Arden Hills,
Minnesota
| – | -$7K | -709 | Closed |
|
GGN Hedge Fund Activity: Q3 2013 in Review
78 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in GAMCO Global Gold, Natural Resources & Income Trust (GGN) for Q3 2013, worth a combined $93.6M — up 19% from $78.9M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new GGN positions and 8 closed out — a net gain of 5 holders — while 34 added to existing stakes and 17 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $2.35M. The largest seller was Citigroup, cutting an estimated $1.51M.
- 78 institutional investors held GAMCO Global Gold, Natural Resources & Income Trust (GGN) as of Q3 2013, up from 74 in Q2 2013.
- Funds reported $93.6M of GAMCO Global Gold, Natural Resources & Income Trust stock for Q3 2013, up 19% quarter-over-quarter.
- 13 funds opened new GAMCO Global Gold, Natural Resources & Income Trust positions in Q3 2013 and 8 closed out, a net change of +5 holders.
- The largest GAMCO Global Gold, Natural Resources & Income Trust buyer in Q3 2013 was Morgan Stanley, an estimated $2.35M added.
- The largest GAMCO Global Gold, Natural Resources & Income Trust seller in Q3 2013 was Citigroup, an estimated $1.51M sold.
Based on aggregated 13F filings for Q3 2013.