GAMCO Global Gold, Natural Resources & Income Trust
GGN
76 hedge funds and large institutions have $90.2M invested in GAMCO Global Gold, Natural Resources & Income Trust in 2016 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 25 increasing their positions, 28 reducing their positions, and 17 closing their positions.
12% more capital invested
Capital invested by funds: $80.5M → $90.2M (+$9.73M)
0.77% less ownership
Funds ownership: 14.99% → 14.22% (-0.77%)
7% less funds holding
Funds holding: 82 → 76 (-6)
11% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 28
35% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 17
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $18K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VIA
Vident Investment Advisory
Alpharetta,
Georgia
|
+$3.34M |
| 2 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$3.11M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$2.48M |
| 4 |
RIA
RPG Investment Advisory
Pleasanton,
California
|
+$1.4M |
| 5 |
OA
Oxbow Advisors
Austin,
Texas
|
+$1.36M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$2.81M |
| 2 |
DA
Doliver Advisors
Houston,
Texas
|
-$2.49M |
| 3 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$2.41M |
| 4 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
-$2.26M |
| 5 |
Citigroup
New York
|
-$1.48M |
GGN Hedge Fund Activity: Q1 2016 in Review
76 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in GAMCO Global Gold, Natural Resources & Income Trust (GGN) for Q1 2016, worth a combined $90.2M — up 12% from $80.5M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of GGN and 11 opened new positions — a net loss of 6 holders — while 28 trimmed existing stakes and 25 added.
The largest buyer was Vident Investment Advisory, adding an estimated $3.34M. The largest seller was Mariner Investment Group, exiting entirely with an estimated $2.81M sold.
- 76 institutional investors held GAMCO Global Gold, Natural Resources & Income Trust (GGN) as of Q1 2016, down from 82 in Q4 2015.
- Funds reported $90.2M of GAMCO Global Gold, Natural Resources & Income Trust stock for Q1 2016, up 12% quarter-over-quarter.
- 11 funds opened new GAMCO Global Gold, Natural Resources & Income Trust positions in Q1 2016 and 17 closed out, a net change of -6 holders.
- The largest GAMCO Global Gold, Natural Resources & Income Trust buyer in Q1 2016 was Vident Investment Advisory, an estimated $3.34M added.
- The largest GAMCO Global Gold, Natural Resources & Income Trust seller in Q1 2016 was Mariner Investment Group, an estimated $2.81M sold.
Based on aggregated 13F filings for Q1 2016.