GAMCO Global Gold, Natural Resources & Income Trust
GGN
102 hedge funds and large institutions have $43.7M invested in GAMCO Global Gold, Natural Resources & Income Trust in 2019 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 37 increasing their positions, 17 reducing their positions, and 8 closing their positions.
118% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 17
100% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 8
7% more funds holding
Funds holding: 95 → 102 (+7)
0.01% more ownership
Funds ownership: 7.36% → 7.37% (+0.01%)
5% less capital invested
Capital invested by funds: $46.1M → $43.7M (-$2.46M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$718K |
| 2 |
GVAG
Great Valley Advisor Group
Wilmington,
Delaware
|
+$614K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$542K |
| 4 |
ACM
Ashford Capital Management
Wilmington,
Delaware
|
+$430K |
| 5 |
CC
Claybrook Capital
Wellesley,
Massachusetts
|
+$409K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OA
Oxbow Advisors
Austin,
Texas
|
-$2.84M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$733K |
| 3 |
GIM
Guild Investment Management
Los Angeles,
California
|
-$222K |
| 4 |
VF
Virtu Financial
New York
|
-$208K |
| 5 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$131K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
101
Baird Financial Group
Milwaukee,
Wisconsin
| – | -$131K | -28,500 | Closed |
|
|
NPT
102
Nixon Peabody Trust
Boston,
Massachusetts
| – | -$87K | -19,000 | Closed |
|
103
CIBC World Market
Toronto,
Ontario, Canada
| – | -$85K | -18,598 | Closed |
|
|
CAM
104
Concorde Asset Management
Ann Arbor,
Michigan
| – | -$55K | -12,000 | Closed |
|
|
CI
105
CX Institutional
Auburn,
Indiana
| – | -$3K | -698 | Closed |
|
|
NC
106
NewSquare Capital
Newtown Square,
Pennsylvania
| – | -$3K | -664 | Closed |
|
|
S
107
SignatureFD
Atlanta,
Georgia
| – | -$3K | -613 | Closed |
|
108
Fidelity Investments
Boston,
Massachusetts
| – | +$18 | +4 | +400% |
|
|
VRM
109
Vectors Research Management
New York
| – | +$449 | +100 | New |
|
GGN Hedge Fund Activity: Q3 2019 in Review
102 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in GAMCO Global Gold, Natural Resources & Income Trust (GGN) for Q3 2019, worth a combined $43.7M — down 5.3% from $46.1M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new GGN positions and 8 closed out — a net gain of 8 holders — while 37 added to existing stakes and 17 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $718K. The largest seller was Oxbow Advisors, cutting an estimated $2.84M.
- 102 institutional investors held GAMCO Global Gold, Natural Resources & Income Trust (GGN) as of Q3 2019, up from 95 in Q2 2019.
- Funds reported $43.7M of GAMCO Global Gold, Natural Resources & Income Trust stock for Q3 2019, down 5.3% quarter-over-quarter.
- 16 funds opened new GAMCO Global Gold, Natural Resources & Income Trust positions in Q3 2019 and 8 closed out, a net change of +8 holders.
- The largest GAMCO Global Gold, Natural Resources & Income Trust buyer in Q3 2019 was Morgan Stanley, an estimated $718K added.
- The largest GAMCO Global Gold, Natural Resources & Income Trust seller in Q3 2019 was Oxbow Advisors, an estimated $2.84M sold.
Based on aggregated 13F filings for Q3 2019.