GAMCO Global Gold, Natural Resources & Income Trust
GGN
103 hedge funds and large institutions have $47.8M invested in GAMCO Global Gold, Natural Resources & Income Trust in 2018 Q4 according to their latest regulatory filings, with 26 funds opening new positions, 19 increasing their positions, 34 reducing their positions, and 18 closing their positions.
44% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 18
6% more funds holding
Funds holding: 97 → 103 (+6)
1.53% more ownership
Funds ownership: 7.99% → 9.52% (+1.5%)
6% less capital invested
Capital invested by funds: $50.9M → $47.8M (-$3.07M)
44% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 34
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$3.52M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$1.94M |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
+$1.72M |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$1.43M |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$1.34M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$2.08M |
| 2 |
BI
Bramshill Investments
Naples,
Florida
|
-$1.66M |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$1.1M |
| 4 |
NMC
Nine Masts Capital
Central,
Hong Kong
|
-$611K |
| 5 |
BTS
BB&T Securities
Richmond,
Virginia
|
-$548K |
GGN Hedge Fund Activity: Q4 2018 in Review
103 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in GAMCO Global Gold, Natural Resources & Income Trust (GGN) for Q4 2018, worth a combined $47.8M — down 6% from $50.9M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new GGN positions and 18 closed out — a net gain of 8 holders — while 19 added to existing stakes and 34 trimmed.
The largest buyer was Wolverine Asset Management, opening a new position worth an estimated $3.52M. The largest seller was Bank of America, cutting an estimated $2.08M.
- 103 institutional investors held GAMCO Global Gold, Natural Resources & Income Trust (GGN) as of Q4 2018, up from 97 in Q3 2018.
- Funds reported $47.8M of GAMCO Global Gold, Natural Resources & Income Trust stock for Q4 2018, down 6% quarter-over-quarter.
- 26 funds opened new GAMCO Global Gold, Natural Resources & Income Trust positions in Q4 2018 and 18 closed out, a net change of +8 holders.
- The largest GAMCO Global Gold, Natural Resources & Income Trust buyer in Q4 2018 was Wolverine Asset Management, an estimated $3.52M added.
- The largest GAMCO Global Gold, Natural Resources & Income Trust seller in Q4 2018 was Bank of America, an estimated $2.08M sold.
Based on aggregated 13F filings for Q4 2018.