GAMCO Global Gold, Natural Resources & Income Trust
GGN
122 hedge funds and large institutions have $50.5M invested in GAMCO Global Gold, Natural Resources & Income Trust in 2023 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 46 increasing their positions, 31 reducing their positions, and 12 closing their positions.
58% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 12
48% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 31
4% more funds holding
Funds holding: 117 → 122 (+5)
0.15% less ownership
Funds ownership: 9.47% → 9.32% (-0.15%)
4% less capital invested
Capital invested by funds: $52.7M → $50.5M (-$2.15M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$523K |
| 2 |
Walleye Capital
New York
|
+$434K |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
+$312K |
| 4 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$283K |
| 5 |
FAM
Formidable Asset Management
Cincinnati,
Ohio
|
+$274K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.42M |
| 2 |
Mercer Global Advisors
Denver,
Colorado
|
-$890K |
| 3 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$619K |
| 4 |
LPL Financial
San Diego,
California
|
-$527K |
| 5 |
NL
NWAM LLC
Mercer Island,
Washington
|
-$474K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Cetera Investment Advisers
Schaumburg,
Illinois
| – | -$110K | -30,242 | Closed |
|
|
AA
127
Apriem Advisors
Irvine,
California
| – | -$86.3K | -23,778 | Closed |
|
128
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$82.2K | -22,648 | Closed |
|
|
CMS
129
Capital Market Strategies
Palm Beach Gardens,
Florida
| – | -$68.5K | -18,875 | Closed |
|
|
RRA
130
Round Rock Advisors
Wilton,
Connecticut
| – | -$54.5K | -15,000 | Closed |
|
|
LFAS
131
Level Four Advisory Services
Dallas,
Texas
| – | -$43.6K | -12,000 | Closed |
|
|
PIMG
132
Patriot Investment Management Group
Knoxville,
Tennessee
| – | -$43K | -11,305 | Closed |
|
|
WOSD
133
WFA of San Diego
San Diego,
California
| – | -$12.7K | -3,500 | Closed |
|
|
MCC
134
Money Concepts Capital
Palm Beach Gardens,
Florida
| – | -$10.2K | -2,810 | Closed |
|
|
GEA
135
Glen Eagle Advisors
Kingston,
New Jersey
| – | -$45 | -12 | Closed |
|
GGN Hedge Fund Activity: Q1 2023 in Review
122 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in GAMCO Global Gold, Natural Resources & Income Trust (GGN) for Q1 2023, worth a combined $50.5M — down 4.1% from $52.7M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new GGN positions and 12 closed out — a net gain of 7 holders — while 46 added to existing stakes and 31 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $523K. The largest seller was Wolverine Asset Management, cutting an estimated $1.42M.
- 122 institutional investors held GAMCO Global Gold, Natural Resources & Income Trust (GGN) as of Q1 2023, up from 117 in Q4 2022.
- Funds reported $50.5M of GAMCO Global Gold, Natural Resources & Income Trust stock for Q1 2023, down 4.1% quarter-over-quarter.
- 19 funds opened new GAMCO Global Gold, Natural Resources & Income Trust positions in Q1 2023 and 12 closed out, a net change of +7 holders.
- The largest GAMCO Global Gold, Natural Resources & Income Trust buyer in Q1 2023 was Morgan Stanley, an estimated $523K added.
- The largest GAMCO Global Gold, Natural Resources & Income Trust seller in Q1 2023 was Wolverine Asset Management, an estimated $1.42M sold.
Based on aggregated 13F filings for Q1 2023.