GAMCO Global Gold, Natural Resources & Income Trust
GGN
102 hedge funds and large institutions have $69.5M invested in GAMCO Global Gold, Natural Resources & Income Trust in 2017 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 23 increasing their positions, 36 reducing their positions, and 9 closing their positions.
156% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 9
16% more funds holding
Funds holding: 88 → 102 (+14)
2% more capital invested
Capital invested by funds: $68M → $69.5M (+$1.53M)
0.91% more ownership
Funds ownership: 9.02% → 9.92% (+0.91%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
36% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 36
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NMC
Nine Masts Capital
Central,
Hong Kong
|
+$2.58M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$2.45M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$1.08M |
| 4 |
BI
Bramshill Investments
Naples,
Florida
|
+$1.05M |
| 5 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$743K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OA
Oxbow Advisors
Austin,
Texas
|
-$1.11M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$495K |
| 3 |
Millennium Management
New York
|
-$303K |
| 4 |
Franklin Resources
San Mateo,
California
|
-$293K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$242K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MOS
101
MGO One Seven
Beachwood,
Ohio
| $1K | +$1.25K | +233 | New |
|
|
102
Franklin Resources
San Mateo,
California
| – | -$293K | -52,364 | Closed |
|
|
SBIA
103
Sheaff Brock Investment Advisors
Indianapolis,
Indiana
| – | -$162K | -28,820 | Closed |
|
|
PVWM
104
Point View Wealth Management
Summit,
New Jersey
| – | -$120K | -21,374 | Closed |
|
105
Baird Financial Group
Milwaukee,
Wisconsin
| – | -$100K | -17,829 | Closed |
|
|
GIM
106
Guild Investment Management
Los Angeles,
California
| – | -$94K | -16,750 | Closed |
|
107
Ameriprise
Minneapolis,
Minnesota
| – | -$88K | -15,687 | Closed |
|
|
BWP
108
BSW Wealth Partners
Boulder,
Colorado
| – | -$87K | -15,500 | Closed |
|
109
CIBC World Market
Toronto,
Ontario, Canada
| – | -$85K | -15,191 | Closed |
|
|
WP
110
WealthPLAN Partners
Omaha,
Nebraska
| – | -$64K | -11,370 | Closed |
|
111
JP Morgan Chase
New York
| – | +$134 | +25 | New |
|
GGN Hedge Fund Activity: Q4 2017 in Review
102 of the 4,410 institutional investors tracked by Wall St. Rank reported a position in GAMCO Global Gold, Natural Resources & Income Trust (GGN) for Q4 2017, worth a combined $69.5M — up 2.2% from $68M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new GGN positions and 9 closed out — a net gain of 14 holders — while 23 added to existing stakes and 36 trimmed.
The largest buyer was Nine Masts Capital, opening a new position worth an estimated $2.58M. The largest seller was Oxbow Advisors, cutting an estimated $1.11M.
- 102 institutional investors held GAMCO Global Gold, Natural Resources & Income Trust (GGN) as of Q4 2017, up from 88 in Q3 2017.
- Funds reported $69.5M of GAMCO Global Gold, Natural Resources & Income Trust stock for Q4 2017, up 2.2% quarter-over-quarter.
- 23 funds opened new GAMCO Global Gold, Natural Resources & Income Trust positions in Q4 2017 and 9 closed out, a net change of +14 holders.
- The largest GAMCO Global Gold, Natural Resources & Income Trust buyer in Q4 2017 was Nine Masts Capital, an estimated $2.58M added.
- The largest GAMCO Global Gold, Natural Resources & Income Trust seller in Q4 2017 was Oxbow Advisors, an estimated $1.11M sold.
Based on aggregated 13F filings for Q4 2017.