GAMCO Natural Resources, Gold & Income Trust
GNT
27 hedge funds and large institutions have $22.4M invested in GAMCO Natural Resources, Gold & Income Trust in 2014 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 13 increasing their positions, 8 reducing their positions, and 8 closing their positions.
63% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 8
1.5% less ownership
Funds ownership: 11.84% → 10.34% (-1.5%)
12% less capital invested
Capital invested by funds: $25.5M → $22.4M (-$3.02M)
16% less funds holding
Funds holding: 32 → 27 (-5)
63% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$803K |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$530K |
| 3 |
Verition Fund Management
Greenwich,
Connecticut
|
+$494K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$246K |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$136K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.9M |
| 2 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$859K |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
-$520K |
| 4 |
OA
Oxbow Advisors
Austin,
Texas
|
-$486K |
| 5 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$459K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1IC
26
1919 Investment Counsel
Baltimore,
Maryland
| $2K | +$74 | +7 | +4% |
|
|
WAM
27
Wolverine Asset Management
Chicago,
Illinois
| – | -$1.9M | -189,802 | Closed |
|
|
MIG
28
Mariner Investment Group
Harrison,
New York
| – | -$859K | -85,686 | Closed |
|
|
DA
29
Doliver Advisors
Houston,
Texas
| – | -$520K | -51,883 | Closed |
|
|
WAM
30
Weiss Asset Management
Boston,
Massachusetts
| – | -$459K | -45,828 | Closed |
|
31
Barclays
London,
United Kingdom
| – | -$411K | -39,152 | -100% |
|
|
AGM
32
Alpine Global Management
New York
| – | -$235K | -23,454 | Closed |
|
|
LCM
33
Landscape Capital Management
Englewood,
New Jersey
| – | -$195K | -19,509 | Closed |
|
|
MWM
34
Merriman Wealth Management
Seattle,
Washington
| – | -$140K | -14,000 | Closed |
|
35
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$7K | -664 | Closed |
|
GNT Hedge Fund Activity: Q1 2014 in Review
27 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in GAMCO Natural Resources, Gold & Income Trust (GNT) for Q1 2014, worth a combined $22.4M — down 12% from $25.5M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of GNT and 3 opened new positions — a net loss of 5 holders — while 8 trimmed existing stakes and 13 added.
The largest buyer was Cornerstone Advisors, adding an estimated $803K. The largest seller was Wolverine Asset Management, exiting entirely with an estimated $1.9M sold.
- 27 institutional investors held GAMCO Natural Resources, Gold & Income Trust (GNT) as of Q1 2014, down from 32 in Q4 2013.
- Funds reported $22.4M of GAMCO Natural Resources, Gold & Income Trust stock for Q1 2014, down 12% quarter-over-quarter.
- 3 funds opened new GAMCO Natural Resources, Gold & Income Trust positions in Q1 2014 and 8 closed out, a net change of -5 holders.
- The largest GAMCO Natural Resources, Gold & Income Trust buyer in Q1 2014 was Cornerstone Advisors, an estimated $803K added.
- The largest GAMCO Natural Resources, Gold & Income Trust seller in Q1 2014 was Wolverine Asset Management, an estimated $1.9M sold.
Based on aggregated 13F filings for Q1 2014.