GAMCO Global Gold, Natural Resources & Income Trust
GGN
95 hedge funds and large institutions have $46.1M invested in GAMCO Global Gold, Natural Resources & Income Trust in 2019 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 34 increasing their positions, 15 reducing their positions, and 19 closing their positions.
127% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 15
0.12% less ownership
Funds ownership: 7.48% → 7.36% (-0.12%)
8% less capital inflows, than outflows
Capital inflows: $4.99M | Capital outflows: $5.45M
3% less funds holding
Funds holding: 98 → 95 (-3)
11% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.31M |
| 2 |
Ashford Capital Management
Wilmington,
Delaware
|
+$817K |
| 3 |
Oxbow Advisors
Austin,
Texas
|
+$445K |
| 4 |
Virtu Financial
New York
|
+$290K |
| 5 |
Measured Wealth Private Client Group
Portsmouth,
New Hampshire
|
+$287K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$1.25M |
| 2 |
Oppenheimer & Co
New York
|
-$769K |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$688K |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
-$542K |
| 5 |
D.A. Davidson & Co
Great Falls,
Montana
|
-$377K |
GGN Hedge Fund Activity: Q2 2019 in Review
95 of the 4,626 institutional investors tracked by Wall St. Rank reported a position in GAMCO Global Gold, Natural Resources & Income Trust (GGN) for Q2 2019, worth a combined $46.1M — up 4.6% from $44.1M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of GGN and 17 opened new positions — a net loss of 2 holders — while 15 trimmed existing stakes and 34 added.
The largest buyer was Morgan Stanley, adding an estimated $1.31M. The largest seller was Invesco, exiting entirely with an estimated $1.25M sold.
- 95 institutional investors held GAMCO Global Gold, Natural Resources & Income Trust (GGN) as of Q2 2019, down from 98 in Q1 2019.
- Funds reported $46.1M of GAMCO Global Gold, Natural Resources & Income Trust stock for Q2 2019, up 4.6% quarter-over-quarter.
- 17 funds opened new GAMCO Global Gold, Natural Resources & Income Trust positions in Q2 2019 and 19 closed out, a net change of -2 holders.
- The largest GAMCO Global Gold, Natural Resources & Income Trust buyer in Q2 2019 was Morgan Stanley, an estimated $1.31M added.
- The largest GAMCO Global Gold, Natural Resources & Income Trust seller in Q2 2019 was Invesco, an estimated $1.25M sold.
Based on aggregated 13F filings for Q2 2019.