GAMCO Global Gold, Natural Resources & Income Trust
GGN
82 hedge funds and large institutions have $82.1M invested in GAMCO Global Gold, Natural Resources & Income Trust in 2015 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 26 increasing their positions, 30 reducing their positions, and 14 closing their positions.
0.9% more ownership
Funds ownership: 13.66% → 14.55% (+0.9%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
7% less funds holding
Funds holding: 88 → 82 (-6)
13% less repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 30
18% less capital invested
Capital invested by funds: $100M → $82.1M (-$18.3M)
36% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
+$2.99M |
| 2 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$2.7M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$2.3M |
| 4 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$1.15M |
| 5 |
AGM
Alpine Global Management
New York
|
+$769K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$1.66M |
| 2 |
AA
Apriem Advisors
Irvine,
California
|
-$593K |
| 3 |
Morgan Stanley
New York
|
-$494K |
| 4 |
MFS
MSI Financial Services
Springfield,
Massachusetts
|
-$465K |
| 5 |
NL
NWAM LLC
Mercer Island,
Washington
|
-$268K |
GGN Hedge Fund Activity: Q3 2015 in Review
82 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in GAMCO Global Gold, Natural Resources & Income Trust (GGN) for Q3 2015, worth a combined $82.1M — down 18% from $100M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of GGN and 9 opened new positions — a net loss of 5 holders — while 30 trimmed existing stakes and 26 added.
The largest buyer was Financial & Investment Management Group, adding an estimated $2.99M. The largest seller was UBS Group, cutting an estimated $1.66M.
- 82 institutional investors held GAMCO Global Gold, Natural Resources & Income Trust (GGN) as of Q3 2015, down from 88 in Q2 2015.
- Funds reported $82.1M of GAMCO Global Gold, Natural Resources & Income Trust stock for Q3 2015, down 18% quarter-over-quarter.
- 9 funds opened new GAMCO Global Gold, Natural Resources & Income Trust positions in Q3 2015 and 14 closed out, a net change of -5 holders.
- The largest GAMCO Global Gold, Natural Resources & Income Trust buyer in Q3 2015 was Financial & Investment Management Group, an estimated $2.99M added.
- The largest GAMCO Global Gold, Natural Resources & Income Trust seller in Q3 2015 was UBS Group, an estimated $1.66M sold.
Based on aggregated 13F filings for Q3 2015.