General American Investors Company
82 hedge funds and large institutions have $327M invested in General American Investors Company in 2024 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 17 increasing their positions, 26 reducing their positions, and 7 closing their positions.
14% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 7
1% more funds holding
Funds holding: 81 → 82 (+1)
4% more capital invested
Capital invested by funds: $316M → $327M (+$11.4M)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
1.5% less ownership
Funds ownership: 31.25% → 29.75% (-1.5%)
35% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 26
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$2.22M |
| 2 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$1.68M |
| 3 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$938K |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$935K |
| 5 |
BBPWM
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
|
+$901K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$18.1M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$1.07M |
| 3 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
-$1.07M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$907K |
| 5 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$666K |
GAM Hedge Fund Activity: Q1 2024 in Review
82 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in General American Investors Company (GAM) for Q1 2024, worth a combined $327M — up 3.6% from $316M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new GAM positions and 7 closed out — a net gain of 1 holder — while 17 added to existing stakes and 26 trimmed.
The largest buyer was Wolverine Asset Management, adding an estimated $2.22M. The largest seller was Morgan Stanley, cutting an estimated $18.1M.
- 82 institutional investors held General American Investors Company (GAM) as of Q1 2024, up from 81 in Q4 2023.
- Funds reported $327M of General American Investors Company stock for Q1 2024, up 3.6% quarter-over-quarter.
- 8 funds opened new General American Investors Company positions in Q1 2024 and 7 closed out, a net change of +1 holder.
- The largest General American Investors Company buyer in Q1 2024 was Wolverine Asset Management, an estimated $2.22M added.
- The largest General American Investors Company seller in Q1 2024 was Morgan Stanley, an estimated $18.1M sold.
Based on aggregated 13F filings for Q1 2024.