GAMCO Global Gold, Natural Resources & Income Trust
GGN
129 hedge funds and large institutions have $66.1M invested in GAMCO Global Gold, Natural Resources & Income Trust in 2023 Q4 according to their latest regulatory filings, with 26 funds opening new positions, 41 increasing their positions, 27 reducing their positions, and 13 closing their positions.
100% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 13
52% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 27
22% more capital invested
Capital invested by funds: $54.3M → $66.1M (+$11.8M)
11% more funds holding
Funds holding: 116 → 129 (+13)
1.79% more ownership
Funds ownership: 9.62% → 11.4% (+1.8%)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$8.97M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.19M |
| 3 |
PIWA
Prevail Innovative Wealth Advisors
Leawood,
Kansas
|
+$388K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$341K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$273K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Osaic Holdings
Scottsdale,
Arizona
|
-$675K |
| 2 |
Invesco
Atlanta,
Georgia
|
-$469K |
| 3 |
MSAM
Moloney Securities Asset Management
Manchester,
Missouri
|
-$301K |
| 4 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
-$176K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$147K |
GGN Hedge Fund Activity: Q4 2023 in Review
129 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in GAMCO Global Gold, Natural Resources & Income Trust (GGN) for Q4 2023, worth a combined $66.1M — up 22% from $54.3M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new GGN positions and 13 closed out — a net gain of 13 holders — while 41 added to existing stakes and 27 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $8.97M. The largest seller was Osaic Holdings, cutting an estimated $675K.
- 129 institutional investors held GAMCO Global Gold, Natural Resources & Income Trust (GGN) as of Q4 2023, up from 116 in Q3 2023.
- Funds reported $66.1M of GAMCO Global Gold, Natural Resources & Income Trust stock for Q4 2023, up 22% quarter-over-quarter.
- 26 funds opened new GAMCO Global Gold, Natural Resources & Income Trust positions in Q4 2023 and 13 closed out, a net change of +13 holders.
- The largest GAMCO Global Gold, Natural Resources & Income Trust buyer in Q4 2023 was Morgan Stanley, an estimated $8.97M added.
- The largest GAMCO Global Gold, Natural Resources & Income Trust seller in Q4 2023 was Osaic Holdings, an estimated $675K sold.
Based on aggregated 13F filings for Q4 2023.