GAMCO Global Gold, Natural Resources & Income Trust
GGN
85 hedge funds and large institutions have $104M invested in GAMCO Global Gold, Natural Resources & Income Trust in 2015 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 27 increasing their positions, 31 reducing their positions, and 20 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
1.87% less ownership
Funds ownership: 15.17% → 13.3% (-1.9%)
8% less capital invested
Capital invested by funds: $113M → $104M (-$8.98M)
9% less funds holding
Funds holding: 93 → 85 (-8)
13% less repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 31
30% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
+$4.26M |
| 2 |
OA
Oxbow Advisors
Austin,
Texas
|
+$2.31M |
| 3 |
MFS
MSI Financial Services
Springfield,
Massachusetts
|
+$1.63M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$1.33M |
| 5 |
HH
Hilltop Holdings
Dallas,
Texas
|
+$480K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
-$4.46M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$3.03M |
| 3 |
IMS
Index Management Solutions
Philadelphia,
Pennsylvania
|
-$2.87M |
| 4 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$1.79M |
| 5 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$1.5M |
GGN Hedge Fund Activity: Q1 2015 in Review
85 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in GAMCO Global Gold, Natural Resources & Income Trust (GGN) for Q1 2015, worth a combined $104M — down 7.9% from $113M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of GGN and 14 opened new positions — a net loss of 6 holders — while 31 trimmed existing stakes and 27 added.
The largest buyer was Financial & Investment Management Group, adding an estimated $4.26M. The largest seller was BNP Paribas Financial Markets, cutting an estimated $4.46M.
- 85 institutional investors held GAMCO Global Gold, Natural Resources & Income Trust (GGN) as of Q1 2015, down from 93 in Q4 2014.
- Funds reported $104M of GAMCO Global Gold, Natural Resources & Income Trust stock for Q1 2015, down 7.9% quarter-over-quarter.
- 14 funds opened new GAMCO Global Gold, Natural Resources & Income Trust positions in Q1 2015 and 20 closed out, a net change of -6 holders.
- The largest GAMCO Global Gold, Natural Resources & Income Trust buyer in Q1 2015 was Financial & Investment Management Group, an estimated $4.26M added.
- The largest GAMCO Global Gold, Natural Resources & Income Trust seller in Q1 2015 was BNP Paribas Financial Markets, an estimated $4.46M sold.
Based on aggregated 13F filings for Q1 2015.