We are live on ! Find out more
GGN

GAMCO Global Gold, Natural Resources & Income Trust
GGN

87 hedge funds and large institutions have $79.3M invested in GAMCO Global Gold, Natural Resources & Income Trust in 2017 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 27 increasing their positions, 23 reducing their positions, and 21 closing their positions.

New
Increased
Maintained
Reduced
Closed

17% more repeat investments, than reductions

Existing positions increased: 27 | Existing positions reduced: 23

5.3% less ownership

Funds ownership: 17.88% → 12.58% (-5.3%)

7% less funds holding

Funds holding: 94 → 87 (-7)

25% less funds holding in top 10

Funds holding in top 10: 4 → 3 (-1)

26% less capital invested

Capital invested by funds: $107M → $79.3M (-$27.7M)

29% less first-time investments, than exits

New positions opened: 15 | Existing positions closed: 21

Holders
87
Holders Change
-7
Holders Change %
-7.45%
% of All Funds
2.17%
Holding in Top 10
3
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-25%
% of All Funds
0.07%
New
15
Increased
27
Reduced
23
Closed
21
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Morgan Stanley
Morgan Stanley
New York
+$2.89M
2
Bank of America
Bank of America
North Carolina
+$2.61M
3
Bank of Nova Scotia
Bank of Nova Scotia
Ontario, Canada
+$2.26M
4
Millennium Management
Millennium Management
New York
+$1.78M
5
Commonwealth Equity Services
Commonwealth Equity Services
Massachusetts
+$631K

Top Sellers

Rank Fund Capital Flow
1
UBS Group
UBS Group
Switzerland
-$20.7M
2
VIA
Vident Investment Advisory
Georgia
-$4.96M
3
Bank of Montreal
Bank of Montreal
Ontario, Canada
-$4.82M
4
RCM
Rivernorth Capital Management
Florida
-$3.49M
5
LCM
Laurion Capital Management
New York
-$2.35M
Name Holding Trade Value Shares
Change 		Change in
Stake
KTC
76
Kistler-Tiffany Companies
Pennsylvania
$6K – – –
OC
77
Oakworth Capital
Alabama
$6K – – –
TDC
78
Thompson Davis & Co
Virginia
$6K – – –
WA
79
WFG Advisors
Texas
$6K – – –
TCM
80
Tradewinds Capital Management
Washington
$5K +$126 +23 +3%
ASN
81
Advisory Services Network
Georgia
$5K +$4.84K +881 New
ARMC
82
American Research & Management Company
Massachusetts
$3K – – –
AA
83
AlphaMark Advisors
Kentucky
$2K – – –
FDCDDQ
84
Federation des caisses Desjardins du Quebec
Quebec, Canada
$1.12K +$1.1K +200 New
CFD
85
Creative Financial Designs
Indiana
$1K – – –
VIA
86
Vident Investment Advisory
Georgia
– -$4.96M -941,229 Closed
RCM
87
Rivernorth Capital Management
Florida
– -$3.49M -658,832 Closed
LCM
88
Laurion Capital Management
New York
– -$2.35M -443,249 Closed
NMC
89
Nine Masts Capital
Hong Kong
– -$1.14M -214,874 Closed
CA
90
Cornerstone Advisors
North Carolina
– -$1.07M -202,662 Closed
WAM
91
Weiss Asset Management
Massachusetts
– -$995K -187,690 Closed
MIG
92
Mariner Investment Group
New York
– -$795K -150,000 Closed
TC
93
TFS Capital
Pennsylvania
– -$537K -101,305 Closed
CCP
94
Clough Capital Partners
Massachusetts
– -$396K -74,800 Closed
SBIA
95
Sheaff Brock Investment Advisors
Indiana
– -$301K -56,765 Closed
IECM
96
Intrinsic Edge Capital Management
Illinois
– -$265K -50,000 Closed
Geode Capital Management
97
Geode Capital Management
Massachusetts
– -$135K -25,514 Closed
OC
98
Oppenheimer & Co
New York
– -$127K -23,900 Closed
OIM
99
Orca Investment Management
Oregon
– -$125K -23,625 Closed
LCM
100
Landscape Capital Management
New Jersey
– -$116K -21,856 Closed
1 2 3
4
5

GGN Hedge Fund Activity: Q1 2017 in Review

87 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in GAMCO Global Gold, Natural Resources & Income Trust (GGN) for Q1 2017, worth a combined $79.3M — down 26% from $107M a quarter earlier.

Sellers outnumbered buyers: 21 funds closed out of GGN and 15 opened new positions — a net loss of 6 holders — while 23 trimmed existing stakes and 27 added.

The largest buyer was Morgan Stanley, adding an estimated $2.89M. The largest seller was UBS Group, cutting an estimated $20.7M.

  • 87 institutional investors held GAMCO Global Gold, Natural Resources & Income Trust (GGN) as of Q1 2017, down from 94 in Q4 2016.
  • Funds reported $79.3M of GAMCO Global Gold, Natural Resources & Income Trust stock for Q1 2017, down 26% quarter-over-quarter.
  • 15 funds opened new GAMCO Global Gold, Natural Resources & Income Trust positions in Q1 2017 and 21 closed out, a net change of -6 holders.
  • The largest GAMCO Global Gold, Natural Resources & Income Trust buyer in Q1 2017 was Morgan Stanley, an estimated $2.89M added.
  • The largest GAMCO Global Gold, Natural Resources & Income Trust seller in Q1 2017 was UBS Group, an estimated $20.7M sold.

Based on aggregated 13F filings for Q1 2017.