GAMCO Global Gold, Natural Resources & Income Trust
GGN
123 hedge funds and large institutions have $51.1M invested in GAMCO Global Gold, Natural Resources & Income Trust in 2021 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 45 increasing their positions, 29 reducing their positions, and 11 closing their positions.
55% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 29
27% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 11
3% more funds holding
Funds holding: 120 → 123 (+3)
5% less capital invested
Capital invested by funds: $53.5M → $51.1M (-$2.41M)
1.56% less ownership
Funds ownership: 9.3% → 7.74% (-1.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SI
Stephens Inc
Little Rock,
Arkansas
|
+$1.42M |
| 2 |
FAM
Formidable Asset Management
Cincinnati,
Ohio
|
+$1.16M |
| 3 |
Morgan Stanley
New York
|
+$986K |
| 4 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$568K |
| 5 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$374K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$5.08M |
| 2 |
OA
Oxbow Advisors
Austin,
Texas
|
-$4.07M |
| 3 |
QC
Quantedge Capital
Singapore
|
-$1.54M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$1.28M |
| 5 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$1.23M |
GGN Hedge Fund Activity: Q2 2021 in Review
123 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in GAMCO Global Gold, Natural Resources & Income Trust (GGN) for Q2 2021, worth a combined $51.1M — down 4.5% from $53.5M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new GGN positions and 11 closed out — a net gain of 3 holders — while 45 added to existing stakes and 29 trimmed.
The largest buyer was Stephens Inc, adding an estimated $1.42M. The largest seller was 1832 Asset Management, exiting entirely with an estimated $5.08M sold.
- 123 institutional investors held GAMCO Global Gold, Natural Resources & Income Trust (GGN) as of Q2 2021, up from 120 in Q1 2021.
- Funds reported $51.1M of GAMCO Global Gold, Natural Resources & Income Trust stock for Q2 2021, down 4.5% quarter-over-quarter.
- 14 funds opened new GAMCO Global Gold, Natural Resources & Income Trust positions in Q2 2021 and 11 closed out, a net change of +3 holders.
- The largest GAMCO Global Gold, Natural Resources & Income Trust buyer in Q2 2021 was Stephens Inc, an estimated $1.42M added.
- The largest GAMCO Global Gold, Natural Resources & Income Trust seller in Q2 2021 was 1832 Asset Management, an estimated $5.08M sold.
Based on aggregated 13F filings for Q2 2021.