GAMCO Global Gold, Natural Resources & Income Trust
GGN
117 hedge funds and large institutions have $46.1M invested in GAMCO Global Gold, Natural Resources & Income Trust in 2022 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 45 increasing their positions, 26 reducing their positions, and 17 closing their positions.
73% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 26
0.4% less ownership
Funds ownership: 8.95% → 8.55% (-0.4%)
2% less funds holding
Funds holding: 119 → 117 (-2)
12% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 17
18% less capital invested
Capital invested by funds: $56.2M → $46.1M (-$10.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MML Investors Services
Springfield,
Massachusetts
|
+$519K |
| 2 |
BRWM
B. Riley Wealth Management
Memphis,
Tennessee
|
+$258K |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$235K |
| 4 |
SSWM
Smith Salley Wealth Management
Greensboro,
North Carolina
|
+$228K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$140K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OA
Oxbow Advisors
Austin,
Texas
|
-$1.56M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$729K |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
-$575K |
| 4 |
Walleye Capital
New York
|
-$394K |
| 5 |
VCWA
Vanguard Capital Wealth Advisors
Denver,
Colorado
|
-$258K |
GGN Hedge Fund Activity: Q2 2022 in Review
117 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in GAMCO Global Gold, Natural Resources & Income Trust (GGN) for Q2 2022, worth a combined $46.1M — down 18% from $56.2M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of GGN and 15 opened new positions — a net loss of 2 holders — while 26 trimmed existing stakes and 45 added.
The largest buyer was MML Investors Services, adding an estimated $519K. The largest seller was Oxbow Advisors, cutting an estimated $1.56M.
- 117 institutional investors held GAMCO Global Gold, Natural Resources & Income Trust (GGN) as of Q2 2022, down from 119 in Q1 2022.
- Funds reported $46.1M of GAMCO Global Gold, Natural Resources & Income Trust stock for Q2 2022, down 18% quarter-over-quarter.
- 15 funds opened new GAMCO Global Gold, Natural Resources & Income Trust positions in Q2 2022 and 17 closed out, a net change of -2 holders.
- The largest GAMCO Global Gold, Natural Resources & Income Trust buyer in Q2 2022 was MML Investors Services, an estimated $519K added.
- The largest GAMCO Global Gold, Natural Resources & Income Trust seller in Q2 2022 was Oxbow Advisors, an estimated $1.56M sold.
Based on aggregated 13F filings for Q2 2022.