GAMCO Global Gold, Natural Resources & Income Trust
GGN
119 hedge funds and large institutions have $56.2M invested in GAMCO Global Gold, Natural Resources & Income Trust in 2022 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 41 increasing their positions, 29 reducing their positions, and 11 closing their positions.
73% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 11
41% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 29
24% more capital invested
Capital invested by funds: $45.4M → $56.2M (+$10.9M)
5% more funds holding
Funds holding: 113 → 119 (+6)
1.63% more ownership
Funds ownership: 7.32% → 8.95% (+1.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FAM
Formidable Asset Management
Cincinnati,
Ohio
|
+$6.31M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$694K |
| 3 |
MML Investors Services
Springfield,
Massachusetts
|
+$566K |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$493K |
| 5 |
Walleye Capital
New York
|
+$376K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$2.32M |
| 2 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$665K |
| 3 |
LPL Financial
San Diego,
California
|
-$334K |
| 4 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$324K |
| 5 |
KPWS
Kestra Private Wealth Services
Austin,
Texas
|
-$303K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AA
126
AlphaMark Advisors
Ft. Wright,
Kentucky
| – | -$2K | -400 | Closed |
|
127
Fidelity Investments
Boston,
Massachusetts
| – | -$12 | -3 | -75% |
|
GGN Hedge Fund Activity: Q1 2022 in Review
119 of the 6,341 institutional investors tracked by Wall St. Rank reported a position in GAMCO Global Gold, Natural Resources & Income Trust (GGN) for Q1 2022, worth a combined $56.2M — up 24% from $45.4M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new GGN positions and 11 closed out — a net gain of 8 holders — while 41 added to existing stakes and 29 trimmed.
The largest buyer was Formidable Asset Management, adding an estimated $6.31M. The largest seller was Morgan Stanley, cutting an estimated $2.32M.
- 119 institutional investors held GAMCO Global Gold, Natural Resources & Income Trust (GGN) as of Q1 2022, up from 113 in Q4 2021.
- Funds reported $56.2M of GAMCO Global Gold, Natural Resources & Income Trust stock for Q1 2022, up 24% quarter-over-quarter.
- 19 funds opened new GAMCO Global Gold, Natural Resources & Income Trust positions in Q1 2022 and 11 closed out, a net change of +8 holders.
- The largest GAMCO Global Gold, Natural Resources & Income Trust buyer in Q1 2022 was Formidable Asset Management, an estimated $6.31M added.
- The largest GAMCO Global Gold, Natural Resources & Income Trust seller in Q1 2022 was Morgan Stanley, an estimated $2.32M sold.
Based on aggregated 13F filings for Q1 2022.