SCM
GAM

Saba Capital Management’s General American Investors Company GAM Stock Holding History

Saba Capital Management’s Portfolio GAM Stock Details GAM Fund Activity
Bought
Maintained
Sold
Quarter Market Value Status Shares Change in
Stake 		Trade Value Portfolio Weight Portfolio Position
2026
Q1 		$108M Sell
1,839,593
-246,292
-12% -$14.9M 2.97% 7
2025
Q4 		$123M Buy
2,085,885
+44,324
+2% +$2.69M 3.64% 5
2025
Q3 		$127M Buy
2,041,561
+238,916
+13% +$14.1M 3.47% 5
2025
Q2 		$101M Buy
1,802,645
+186,111
+12% +$9.7M 2.37% 9
2025
Q1 		$81.4M Buy
1,616,534
+152,234
+10% +$7.84M 2.2% 13
2024
Q4 		$74.7M Buy
1,464,300
+437,632
+43% +$23M 1.75% 12
2024
Q3 		$55M Buy
1,026,668
+515,783
+101% +$26.6M 1.15% 23
2024
Q2 		$25.4M Hold
510,885
– – 0.42% 44
2024
Q1 		$23.8M Hold
510,885
– – 0.41% 54
2023
Q4 		$21.9M Hold
510,885
– – 0.44% 60
2023
Q3 		$21M Sell
510,885
-182,351
-26% -$7.59M 0.5% 49
2023
Q2 		$28.9M Buy
693,236
+24,857
+4% +$989K 0.75% 28
2023
Q1 		$26M Buy
668,379
+324,838
+95% +$12.3M 0.5% 34
2022
Q4 		$12.4M Sell
343,541
-64,585
-16% -$2.34M 0.17% 203
2022
Q3 		$13.8M Hold
408,126
– – 0.16% 224
2022
Q2 		$14.4M Sell
408,126
-24,082
-6% -$920K 0.17% 193
2022
Q1 		$18.4M Hold
432,208
– – 0.26% 75
2021
Q4 		$19.1M Hold
432,208
– – 0.29% 47
2021
Q3 		$18.6M Hold
432,208
– – 0.46% 29
2021
Q2 		$18.8M Sell
432,208
-5,115
-1% -$217K 0.54% 27
2021
Q1 		$17.4M Hold
437,323
– – 0.56% 33
2020
Q4 		$16.3M Hold
437,323
– – 0.67% 34
2020
Q3 		$14.8M Hold
437,323
– – 0.62% 43
2020
Q2 		$13.9M Hold
437,323
– – 0.61% 41
2020
Q1 		$12M Hold
437,323
– – 0.63% 42
2019
Q4 		$16.5M Hold
437,323
– – 0.78% 33
2019
Q3 		$15.9M Sell
437,323
-8,211
-2% -$296K 0.74% 35
2019
Q2 		$15.8M Hold
445,534
– – 0.67% 34
2019
Q1 		$14.8M Hold
445,534
– – 0.65% 33
2018
Q4 		$12.7M Buy
445,534
+11,421
+3% +$374K 0.46% 41
2018
Q3 		$16.1M Sell
434,113
-111,181
-20% -$4.01M 0.83% 36
2018
Q2 		$18.7M Sell
545,294
-87,582
-14% -$3M 1.17% 27
2018
Q1 		$21.2M Hold
632,876
– – 1.18% 23
2017
Q4 		$21.8M Sell
632,876
-413,350
-40% -$14.4M 1.7% 18
2017
Q3 		$37.7M Sell
1,046,226
-95,106
-8% -$3.32M 3.82% 6
2017
Q2 		$39.2M Sell
1,141,332
-39,459
-3% -$1.34M 3.56% 8
2017
Q1 		$39.6M Buy
1,180,791
+923,267
+359% +$30.3M 3.54% 8
2016
Q4 		$8.02M Buy
257,524
+28,112
+12% +$882K 0.82% 37
2016
Q3 		$7.49M Buy
+229,412
New +$7.45M 0.73% 38

Other funds holding GAM

Lazard Asset Management
Lazard Asset Management New York $60.8B AUM 22.47% 1-Year Est. Return
BBPWM
Blue Bell Private Wealth Management Blue Bell, Pennsylvania $696M AUM 17.73% 1-Year Est. Return
Allspring Global Investments
Allspring Global Investments Charlotte, North Carolina $59.7B AUM 29.08% 1-Year Est. Return
BI
Bulldog Investors Saddle Brook, New Jersey $445M AUM 2.55% 1-Year Est. Return
NRS
Neville Rodie & Shaw New York $1.55B AUM 46.95% 1-Year Est. Return
1CP
1607 Capital Partners Richmond, Virginia $1.39B AUM 8.35% 1-Year Est. Return
Cohen & Steers
Cohen & Steers New York $57.6B AUM 8.03% 1-Year Est. Return
SIA
Sit Investment Associates Minneapolis, Minnesota $4.93B AUM 12.22% 1-Year Est. Return
Royal Bank of Canada
Royal Bank of Canada Toronto, Ontario, Canada $570B AUM 27.57% 1-Year Est. Return
Pathstone Holdings
Pathstone Holdings Englewood, New Jersey $25.1B AUM 22.95% 1-Year Est. Return

Saba Capital Management's GAM Position: Q1 2026 in Review

Saba Capital Management reduced its General American Investors Company (GAM) stake by 12% in Q1 2026, selling an estimated $14.9M and leaving 1,839,593 shares worth $108M. The position accounts for 2.97% of the portfolio, ranked #7.

Saba Capital Management first reported a position in GAM in Q3 2016 and has held it in 39 quarters since. The position peaked at $127M in Q3 2025. 93 funds tracked by Wall St. Rank hold GAM as of Q1 2026.

  • Saba Capital Management held 1,839,593 shares of General American Investors Company worth $108M as of Q1 2026.
  • Saba Capital Management sold 246,292 General American Investors Company shares in Q1 2026, an estimated $14.9M.
  • General American Investors Company made up 2.97% of Saba Capital Management's portfolio in Q1 2026, its #7 holding.
  • Saba Capital Management first reported a position in General American Investors Company in Q3 2016 and has held it in 39 quarters since.
  • Saba Capital Management's General American Investors Company position peaked at $127M in Q3 2025.
  • 93 funds tracked by Wall St. Rank held General American Investors Company as of Q1 2026.

Based on Saba Capital Management's 13F filing for Q1 2026, filed 15 May 2026.