General American Investors Company
83 hedge funds and large institutions have $231M invested in General American Investors Company in 2019 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 22 increasing their positions, 24 reducing their positions, and 11 closing their positions.
16% more capital invested
Capital invested by funds: $200M → $231M (+$31.2M)
1% more funds holding
Funds holding: 82 → 83 (+1)
9% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 11
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.45% less ownership
Funds ownership: 27.44% → 26.99% (-0.45%)
8% less repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 24
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$2.08M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$814K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$772K |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$537K |
| 5 |
BBPWM
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
|
+$479K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$2.66M |
| 2 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$2.34M |
| 3 |
IFWM
Institute for Wealth Management
Denver,
Colorado
|
-$882K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$514K |
| 5 |
KLI
Kelman-Lazarov Inc
Memphis,
Tennessee
|
-$513K |
GAM Hedge Fund Activity: Q1 2019 in Review
83 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in General American Investors Company (GAM) for Q1 2019, worth a combined $231M — up 16% from $200M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new GAM positions and 11 closed out — a net gain of 1 holder — while 22 added to existing stakes and 24 trimmed.
The largest buyer was Cornerstone Advisors, adding an estimated $2.08M. The largest seller was Bulldog Investors, cutting an estimated $2.66M.
- 83 institutional investors held General American Investors Company (GAM) as of Q1 2019, up from 82 in Q4 2018.
- Funds reported $231M of General American Investors Company stock for Q1 2019, up 16% quarter-over-quarter.
- 12 funds opened new General American Investors Company positions in Q1 2019 and 11 closed out, a net change of +1 holder.
- The largest General American Investors Company buyer in Q1 2019 was Cornerstone Advisors, an estimated $2.08M added.
- The largest General American Investors Company seller in Q1 2019 was Bulldog Investors, an estimated $2.66M sold.
Based on aggregated 13F filings for Q1 2019.