We are live on ! Find out more
GAM

General American Investors Company
GAM

66 hedge funds and large institutions have $304M invested in General American Investors Company in 2014 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 22 increasing their positions, 20 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

57% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 7

10% more repeat investments, than reductions

Existing positions increased: 22 | Existing positions reduced: 20

5% more funds holding

Funds holding: 63 → 66 (+3)

0% more funds holding in top 10

Funds holding in top 10: 6 → 6 (0)

3.28% less ownership

Funds ownership: 32.3% → 29.02% (-3.3%)

9% less capital invested

Capital invested by funds: $333M → $304M (-$29.4M)

Holders
66
Holders Change
+3
Holders Change %
+4.76%
% of All Funds
1.91%
Holding in Top 10
6
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.17%
New
11
Increased
22
Reduced
20
Closed
7
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
RJA
Raymond James & Associates
Florida
+$9.16M
2
KIM
Karpus Investment Management
New York
+$2.32M
3
DA
Doliver Advisors
Texas
+$1.39M
4
SFS
Shaker Financial Services
Virginia
+$1.18M
5
CC
Cannell & Co
New York
+$1.03M

Top Sellers

1
BI
Bulldog Investors
New Jersey
-$19.4M
2
Lazard Asset Management
Lazard Asset Management
New York
-$12.1M
3
OMC
Overbrook Management Corp
New York
-$8.41M
4
KFC
Klingenstein Fields & Co
New York
-$1.05M
5
Bank of America
Bank of America
North Carolina
-$803K
Name Holding Trade Value Shares
Change 		Change in
Stake
PNC Financial Services Group
26
PNC Financial Services Group
Pennsylvania
$1.01M +$55K +1,600 +6%
First Trust Advisors
27
First Trust Advisors
Illinois
$954K +$694K +20,196 +293%
WAM
28
Wolverine Asset Management
Illinois
$902K +$880K +25,607 New
LCS
29
Levin Capital Strategies
New York
$876K – – –
TC
30
TFS Capital
Pennsylvania
$796K +$429K +12,468 +123%
US Bancorp
31
US Bancorp
Minnesota
$727K – – –
FFA
32
First Foundation Advisors
California
$725K +$171K +4,976 +32%
Cambridge Investment Research Advisors
33
Cambridge Investment Research Advisors
Iowa
$601K +$586K +17,046 New
BI
34
Bulldog Investors
New Jersey
$531K -$19.4M -564,051 -97%
RG
35
Rathbones Group
United Kingdom
$485K +$474K +13,774 New
TC
36
Taylor Cottrill
New Hampshire
$480K -$17.2K -500 -4%
LPL Financial
37
LPL Financial
California
$466K -$23.6K -687 -5%
TCT
38
TIAA CREF Trust
Missouri
$444K +$433K +12,595 New
CAM
39
Columbia Asset Management
Michigan
$428K +$578K +16,800 New
SI
40
SII Investments
Wisconsin
$398K +$41.3K +1,200 +11%
WIC
41
Whitegate Investment Counselors
New Hampshire
$376K +$414K +12,055 New
Bank of New York Mellon
42
Bank of New York Mellon
New York
$350K -$34 -1 -0%
GCP
43
GSA Capital Partners
United Kingdom
$324K +$30.8K +895 +11%
HTC
44
Haverford Trust Company
Pennsylvania
$319K – – –
PA
45
Pinnacle Associates
New York
$300K – – –
OC
46
Oppenheimer & Co
New York
$204K – – –
Creative Planning
47
Creative Planning
Kansas
$204K +$6.39K +186 +3%
First Manhattan
48
First Manhattan
New York
$203K – – –
MMG
49
Monetary Management Group
Missouri
$187K – – –
Royal Bank of Canada
50
Royal Bank of Canada
Ontario, Canada
$179K -$43.7K -1,271 -20%
1
2
3

GAM Hedge Fund Activity: Q1 2014 in Review

66 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in General American Investors Company (GAM) for Q1 2014, worth a combined $304M — down 8.8% from $333M a quarter earlier.

Buyers outnumbered sellers: 11 funds opened new GAM positions and 7 closed out — a net gain of 4 holders — while 22 added to existing stakes and 20 trimmed.

The largest buyer was Raymond James & Associates, adding an estimated $9.16M. The largest seller was Bulldog Investors, cutting an estimated $19.4M.

  • 66 institutional investors held General American Investors Company (GAM) as of Q1 2014, up from 63 in Q4 2013.
  • Funds reported $304M of General American Investors Company stock for Q1 2014, down 8.8% quarter-over-quarter.
  • 11 funds opened new General American Investors Company positions in Q1 2014 and 7 closed out, a net change of +4 holders.
  • The largest General American Investors Company buyer in Q1 2014 was Raymond James & Associates, an estimated $9.16M added.
  • The largest General American Investors Company seller in Q1 2014 was Bulldog Investors, an estimated $19.4M sold.

Based on aggregated 13F filings for Q1 2014.