We are live on ! Find out more
GGN

GAMCO Global Gold, Natural Resources & Income Trust
GGN

93 hedge funds and large institutions have $113M invested in GAMCO Global Gold, Natural Resources & Income Trust in 2014 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 23 increasing their positions, 30 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

222% more first-time investments, than exits

New positions opened: 29 | Existing positions closed: 9

100% more funds holding in top 10

Funds holding in top 10: 1 → 2 (+1)

24% more funds holding

Funds holding: 75 → 93 (+18)

1.88% more ownership

Funds ownership: 13.29% → 15.17% (+1.9%)

13% less capital invested

Capital invested by funds: $131M → $113M (-$17.6M)

23% less repeat investments, than reductions

Existing positions increased: 23 | Existing positions reduced: 30

Holders
93
Holders Change
+18
Holders Change %
+24%
% of All Funds
2.48%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.05%
New
29
Increased
23
Reduced
30
Closed
9
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
FIMG
Financial & Investment Management Group
Michigan
+$11.1M
2
BNP Paribas Financial Markets
BNP Paribas Financial Markets
France
+$7.43M
3
RCM
Rivernorth Capital Management
Florida
+$3.43M
4
AGM
Alpine Global Management
New York
+$3.29M
5
WAM
Weiss Asset Management
Massachusetts
+$2.03M

Top Sellers

Rank Fund Capital Flow
1
Bank of America
Bank of America
North Carolina
-$12.8M
2
Morgan Stanley
Morgan Stanley
New York
-$6.39M
3
GC
Guggenheim Capital
Illinois
-$2.49M
4
Citigroup
Citigroup
New York
-$475K
5
Invesco
Invesco
Georgia
-$312K
Name Holding Trade Value Shares
Change 		Change in
Stake
UBS Group
1
UBS Group
Switzerland
$20.8M +$23.6M +2,975,975 New
OA
2
Oxbow Advisors
Texas
$18.2M +$714K +90,019 +4%
FIMG
3
Financial & Investment Management Group
Michigan
$9.77M +$11.1M +1,395,932 New
Morgan Stanley
4
Morgan Stanley
New York
$9.03M -$6.39M -805,752 -38%
BNP Paribas Financial Markets
5
BNP Paribas Financial Markets
France
$6.56M +$7.43M +936,766 New
LPL Financial
6
LPL Financial
California
$3.47M -$113K -14,232 -3%
ICAS
7
Investors Capital Advisory Services
Massachusetts
$3.09M +$17.3K +2,180 +0.5%
RCM
8
Rivernorth Capital Management
Florida
$3.03M +$3.43M +432,674 New
Invesco
9
Invesco
Georgia
$2.92M -$312K -39,293 -9%
AGM
10
Alpine Global Management
New York
$2.91M +$3.29M +415,385 New
IMS
11
Index Management Solutions
Pennsylvania
$2.87M +$541K +68,216 +20%
Bank of America
12
Bank of America
North Carolina
$2.8M -$12.8M -1,612,284 -80%
RJA
13
Raymond James & Associates
Florida
$1.94M -$99.1K -12,495 -4%
WAM
14
Weiss Asset Management
Massachusetts
$1.79M +$2.03M +255,493 New
MFS
15
MSI Financial Services
Massachusetts
$1.63M +$347K +43,782 +23%
DA
16
Doliver Advisors
Texas
$1.61M +$1.73M +218,704 +1,873%
MIG
17
Mariner Investment Group
New York
$1.5M +$1.69M +213,578 New
COLIM
18
City of London Investment Management
United Kingdom
$1.14M +$1.31M +164,800 New
AA
19
Apriem Advisors
California
$1.13M -$15.9K -2,000 -1%
NES
20
New England Securities
New York
$1.11M -$96.2K -12,137 -7%
CAN
21
Cetera Advisor Networks
California
$1.07M +$325K +40,996 +37%
DADC
22
D.A. Davidson & Co
Montana
$954K -$53.7K -6,775 -5%
OFG
23
OTA Financial Group
New York
$938K +$1.06M +134,067 New
CA
24
Cornerstone Advisors
North Carolina
$857K +$971K +122,396 New
RJFSA
25
Raymond James Financial Services Advisors
Florida
$821K -$236K -29,790 -20%
1
2 3 4 5

GGN Hedge Fund Activity: Q4 2014 in Review

93 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in GAMCO Global Gold, Natural Resources & Income Trust (GGN) for Q4 2014, worth a combined $113M — down 13% from $131M a quarter earlier.

Buyers outnumbered sellers: 29 funds opened new GGN positions and 9 closed out — a net gain of 20 holders — while 23 added to existing stakes and 30 trimmed.

The largest buyer was Financial & Investment Management Group, opening a new position worth an estimated $11.1M. The largest seller was Bank of America, cutting an estimated $12.8M.

  • 93 institutional investors held GAMCO Global Gold, Natural Resources & Income Trust (GGN) as of Q4 2014, up from 75 in Q3 2014.
  • Funds reported $113M of GAMCO Global Gold, Natural Resources & Income Trust stock for Q4 2014, down 13% quarter-over-quarter.
  • 29 funds opened new GAMCO Global Gold, Natural Resources & Income Trust positions in Q4 2014 and 9 closed out, a net change of +20 holders.
  • The largest GAMCO Global Gold, Natural Resources & Income Trust buyer in Q4 2014 was Financial & Investment Management Group, an estimated $11.1M added.
  • The largest GAMCO Global Gold, Natural Resources & Income Trust seller in Q4 2014 was Bank of America, an estimated $12.8M sold.

Based on aggregated 13F filings for Q4 2014.