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GGN

GAMCO Global Gold, Natural Resources & Income Trust
GGN

128 hedge funds and large institutions have $56.1M invested in GAMCO Global Gold, Natural Resources & Income Trust in 2024 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 39 increasing their positions, 29 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

34% more repeat investments, than reductions

Existing positions increased: 39 | Existing positions reduced: 29

6% more first-time investments, than exits

New positions opened: 17 | Existing positions closed: 16

1% less funds holding

Funds holding: 129 → 128 (-1)

1.97% less ownership

Funds ownership: 11.4% → 9.43% (-2%)

15% less capital invested

Capital invested by funds: $66.1M → $56.1M (-$10M)

Holders
128
Holders Change
-1
Holders Change %
-0.78%
% of All Funds
1.84%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
17
Increased
39
Reduced
29
Closed
16
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Cetera Investment Advisers
Cetera Investment Advisers
Illinois
+$1.67M
2
MC
Moors & Cabot
Massachusetts
+$752K
3
LPL Financial
LPL Financial
California
+$717K
4
HIC
Hartline Investment Corp
Illinois
+$429K
5
PI
PFG Investments
New York
+$296K

Top Sellers

Rank Fund Capital Flow
1
Morgan Stanley
Morgan Stanley
New York
-$10.6M
2
MML Investors Services
MML Investors Services
Massachusetts
-$2.96M
3
FAM
Formidable Asset Management
Ohio
-$796K
4
CAN
Cetera Advisor Networks
California
-$565K
5
CWA
Capital Wealth Alliance
Arizona
-$517K
Name Holding Trade Value Shares
Change 		Change in
Stake
PGAM
101
Princeton Global Asset Management
New Jersey
$17.1K – – –
GCM
102
Gables Capital Management
Florida
$12.9K +$12.5K +3,333 New
SWM
103
Spire Wealth Management
Virginia
$11.7K -$15K -4,000 -57%
CHA
104
Carmichael Hill & Associates
Maryland
$10.2K +$233 +62 +2%
CA
105
Continuum Advisory
Idaho
$9.71K -$43.9K -11,683 -83%
AF
106
Allworth Financial
California
$8.17K +$6.36K +1,692 +398%
TCG
107
Transcendent Capital Group
Oklahoma
$7.07K – – –
TC
108
Truvestments Capital
Florida
$6.36K +$6.2K +1,648 New
CIBC Private Wealth Group
109
CIBC Private Wealth Group
Georgia
$5.87K +$5.64K +1,500 New
IGWM
110
ICA Group Wealth Management
Colorado
$5.16K – – –
FDCDDQ
111
Federation des caisses Desjardins du Quebec
Quebec, Canada
$3.86K – – –
GRP
112
Global Retirement Partners
California
$3.86K – – –
CA
113
CoreCap Advisors
Michigan
$3.86K +$3.76K +1,000 New
CAM
114
Creekmur Asset Management
Illinois
$3.69K +$3.59K +956 New
Carson Wealth (CWM LLC)
115
Carson Wealth (CWM LLC)
Nebraska
$3K – – –
WB
116
Webster Bank
Connecticut
$2.7K – – –
SIS
117
Sound Income Strategies
Florida
$2.45K – – –
T
118
Tidemark
California
$2.31K – – –
PAM
119
Palisade Asset Management
Minnesota
$1.93K +$1.88K +500 New
FFA
120
Frazier Financial Advisors
Ohio
$1.72K – – –
JP Morgan Chase
121
JP Morgan Chase
New York
$1.28K +$1.25K +333 New
BWP
122
Baldwin Wealth Partners
Massachusetts
$965 – – –
SIC
123
Salem Investment Counselors
North Carolina
$965 – – –
TRCT
124
Tower Research Capital (TRC)
New York
$645 – – –
GEA
125
Glen Eagle Advisors
New Jersey
$463 – – –
2 3 4
5
6

GGN Hedge Fund Activity: Q1 2024 in Review

128 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in GAMCO Global Gold, Natural Resources & Income Trust (GGN) for Q1 2024, worth a combined $56.1M — down 15% from $66.1M a quarter earlier.

Buyers outnumbered sellers: 17 funds opened new GGN positions and 16 closed out — a net gain of 1 holder — while 39 added to existing stakes and 29 trimmed.

The largest buyer was Cetera Investment Advisers, opening a new position worth an estimated $1.67M. The largest seller was Morgan Stanley, cutting an estimated $10.6M.

  • 128 institutional investors held GAMCO Global Gold, Natural Resources & Income Trust (GGN) as of Q1 2024, down from 129 in Q4 2023.
  • Funds reported $56.1M of GAMCO Global Gold, Natural Resources & Income Trust stock for Q1 2024, down 15% quarter-over-quarter.
  • 17 funds opened new GAMCO Global Gold, Natural Resources & Income Trust positions in Q1 2024 and 16 closed out, a net change of +1 holder.
  • The largest GAMCO Global Gold, Natural Resources & Income Trust buyer in Q1 2024 was Cetera Investment Advisers, an estimated $1.67M added.
  • The largest GAMCO Global Gold, Natural Resources & Income Trust seller in Q1 2024 was Morgan Stanley, an estimated $10.6M sold.

Based on aggregated 13F filings for Q1 2024.