GAMCO Global Gold, Natural Resources & Income Trust
GGN
88 hedge funds and large institutions have $68M invested in GAMCO Global Gold, Natural Resources & Income Trust in 2017 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 33 increasing their positions, 22 reducing their positions, and 7 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 22
43% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 7
2% more funds holding
Funds holding: 86 → 88 (+2)
1% more capital invested
Capital invested by funds: $67.1M → $68M (+$873K)
0.05% less ownership
Funds ownership: 9.06% → 9.02% (-0.05%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$4.13M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$567K |
| 3 |
OA
Oxbow Advisors
Austin,
Texas
|
+$490K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$313K |
| 5 |
NL
NWAM LLC
Mercer Island,
Washington
|
+$244K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$3.68M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$2.27M |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
-$323K |
| 4 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
-$278K |
| 5 |
Millennium Management
New York
|
-$268K |
GGN Hedge Fund Activity: Q3 2017 in Review
88 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in GAMCO Global Gold, Natural Resources & Income Trust (GGN) for Q3 2017, worth a combined $68M — up 1.3% from $67.1M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new GGN positions and 7 closed out — a net gain of 3 holders — while 33 added to existing stakes and 22 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $4.13M. The largest seller was UBS Group, cutting an estimated $3.68M.
- 88 institutional investors held GAMCO Global Gold, Natural Resources & Income Trust (GGN) as of Q3 2017, up from 86 in Q2 2017.
- Funds reported $68M of GAMCO Global Gold, Natural Resources & Income Trust stock for Q3 2017, up 1.3% quarter-over-quarter.
- 10 funds opened new GAMCO Global Gold, Natural Resources & Income Trust positions in Q3 2017 and 7 closed out, a net change of +3 holders.
- The largest GAMCO Global Gold, Natural Resources & Income Trust buyer in Q3 2017 was Morgan Stanley, an estimated $4.13M added.
- The largest GAMCO Global Gold, Natural Resources & Income Trust seller in Q3 2017 was UBS Group, an estimated $3.68M sold.
Based on aggregated 13F filings for Q3 2017.