GAMCO Global Gold, Natural Resources & Income Trust
GGN
122 hedge funds and large institutions have $56.7M invested in GAMCO Global Gold, Natural Resources & Income Trust in 2024 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 44 increasing their positions, 27 reducing their positions, and 14 closing their positions.
63% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 27
1% more capital invested
Capital invested by funds: $56.1M → $56.7M (+$614K)
0.31% less ownership
Funds ownership: 9.43% → 9.12% (-0.31%)
5% less funds holding
Funds holding: 128 → 122 (-6)
14% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$2.2M |
| 2 |
Morgan Stanley
New York
|
+$925K |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
+$529K |
| 4 |
LPL Financial
San Diego,
California
|
+$380K |
| 5 |
SFC
Strategic Financial Concepts
San Antonio,
Texas
|
+$294K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MML Investors Services
Springfield,
Massachusetts
|
-$1.44M |
| 2 |
PIWA
Prevail Innovative Wealth Advisors
Leawood,
Kansas
|
-$1.14M |
| 3 |
FAM
Formidable Asset Management
Cincinnati,
Ohio
|
-$456K |
| 4 |
HIC
Hartline Investment Corp
Winnetka,
Illinois
|
-$441K |
| 5 |
VCWA
Vanguard Capital Wealth Advisors
Denver,
Colorado
|
-$370K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HIC
126
Hartline Investment Corp
Winnetka,
Illinois
| – | -$441K | -114,130 | Closed |
|
|
WAM
127
Wolverine Asset Management
Chicago,
Illinois
| – | -$208K | -53,982 | Closed |
|
|
KWA
128
Kingswood Wealth Advisors
San Diego,
California
| – | -$124K | -32,100 | Closed |
|
|
TSS
129
Two Sigma Securities
New York
| – | -$107K | -27,832 | Closed |
|
130
CIBC World Market
Toronto,
Ontario, Canada
| – | -$90K | -23,248 | Closed |
|
|
LFAS
131
Level Four Advisory Services
Dallas,
Texas
| – | -$74K | -19,694 | Closed |
|
|
IWM
132
IHT Wealth Management
Chicago,
Illinois
| – | -$52K | -13,469 | Closed |
|
|
FIM
133
FWL Investment Management
Dallas,
Texas
| – | -$45.1K | -11,683 | Closed |
|
|
TC
134
Truvestments Capital
Sarasota,
Florida
| – | -$6.36K | -1,648 | Closed |
|
135
CIBC Private Wealth Group
Atlanta,
Georgia
| – | -$5.87K | -1,500 | Closed |
|
|
PAM
136
Palisade Asset Management
Minneapolis,
Minnesota
| – | -$1.93K | -500 | Closed |
|
|
GEA
137
Glen Eagle Advisors
Kingston,
New Jersey
| – | -$463 | -120 | Closed |
|
138
Fidelity Investments
Boston,
Massachusetts
| – | -$15 | -4 | Closed |
|
GGN Hedge Fund Activity: Q2 2024 in Review
122 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in GAMCO Global Gold, Natural Resources & Income Trust (GGN) for Q2 2024, worth a combined $56.7M — up 1.1% from $56.1M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of GGN and 12 opened new positions — a net loss of 2 holders — while 27 trimmed existing stakes and 44 added.
The largest buyer was Wells Fargo, adding an estimated $2.2M. The largest seller was MML Investors Services, cutting an estimated $1.44M.
- 122 institutional investors held GAMCO Global Gold, Natural Resources & Income Trust (GGN) as of Q2 2024, down from 128 in Q1 2024.
- Funds reported $56.7M of GAMCO Global Gold, Natural Resources & Income Trust stock for Q2 2024, up 1.1% quarter-over-quarter.
- 12 funds opened new GAMCO Global Gold, Natural Resources & Income Trust positions in Q2 2024 and 14 closed out, a net change of -2 holders.
- The largest GAMCO Global Gold, Natural Resources & Income Trust buyer in Q2 2024 was Wells Fargo, an estimated $2.2M added.
- The largest GAMCO Global Gold, Natural Resources & Income Trust seller in Q2 2024 was MML Investors Services, an estimated $1.44M sold.
Based on aggregated 13F filings for Q2 2024.