GAMCO Global Gold, Natural Resources & Income Trust
GGN
113 hedge funds and large institutions have $47.8M invested in GAMCO Global Gold, Natural Resources & Income Trust in 2021 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 47 increasing their positions, 27 reducing their positions, and 14 closing their positions.
74% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 27
0.27% more ownership
Funds ownership: 7.64% → 7.91% (+0.27%)
5% less capital invested
Capital invested by funds: $50.4M → $47.8M (-$2.6M)
7% less funds holding
Funds holding: 122 → 113 (-9)
57% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FAM
Formidable Asset Management
Cincinnati,
Ohio
|
+$5.36M |
| 2 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$405K |
| 3 |
WP
WealthSource Partners
San Luis Obispo,
California
|
+$368K |
| 4 |
LPL Financial
San Diego,
California
|
+$242K |
| 5 |
QC
Quantedge Capital
Singapore
|
+$208K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SI
Stephens Inc
Little Rock,
Arkansas
|
-$1.5M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$1.42M |
| 3 |
SC
Stolper & Co
Tulsa,
Oklahoma
|
-$961K |
| 4 |
Invesco
Atlanta,
Georgia
|
-$960K |
| 5 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$153K |
GGN Hedge Fund Activity: Q3 2021 in Review
113 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in GAMCO Global Gold, Natural Resources & Income Trust (GGN) for Q3 2021, worth a combined $47.8M — down 5.2% from $50.4M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of GGN and 6 opened new positions — a net loss of 8 holders — while 27 trimmed existing stakes and 47 added.
The largest buyer was Formidable Asset Management, adding an estimated $5.36M. The largest seller was Stephens Inc, exiting entirely with an estimated $1.5M sold.
- 113 institutional investors held GAMCO Global Gold, Natural Resources & Income Trust (GGN) as of Q3 2021, down from 122 in Q2 2021.
- Funds reported $47.8M of GAMCO Global Gold, Natural Resources & Income Trust stock for Q3 2021, down 5.2% quarter-over-quarter.
- 6 funds opened new GAMCO Global Gold, Natural Resources & Income Trust positions in Q3 2021 and 14 closed out, a net change of -8 holders.
- The largest GAMCO Global Gold, Natural Resources & Income Trust buyer in Q3 2021 was Formidable Asset Management, an estimated $5.36M added.
- The largest GAMCO Global Gold, Natural Resources & Income Trust seller in Q3 2021 was Stephens Inc, an estimated $1.5M sold.
Based on aggregated 13F filings for Q3 2021.