General American Investors Company
90 hedge funds and large institutions have $354M invested in General American Investors Company in 2024 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 33 increasing their positions, 22 reducing their positions, and 6 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 22
33% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 6
0.02% more ownership
Funds ownership: 29.29% → 29.31% (+0.02%)
0% more funds holding
Funds holding: 90 → 90 (0)
5% less capital invested
Capital invested by funds: $371M → $354M (-$17.4M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$23M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$3.32M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$2.04M |
| 4 |
Cohen & Steers
New York
|
+$1.93M |
| 5 |
CIA
Concurrent Investment Advisors
Tampa,
Florida
|
+$1.61M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$9.49M |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$7.41M |
| 3 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$6.67M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$2.69M |
| 5 |
Morgan Stanley
New York
|
-$2.32M |
GAM Hedge Fund Activity: Q4 2024 in Review
90 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in General American Investors Company (GAM) for Q4 2024, worth a combined $354M — down 4.7% from $371M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new GAM positions and 6 closed out — a net gain of 2 holders — while 33 added to existing stakes and 22 trimmed.
The largest buyer was Saba Capital Management, adding an estimated $23M. The largest seller was Allspring Global Investments, cutting an estimated $9.49M.
- 90 institutional investors held General American Investors Company (GAM) as of Q4 2024, unchanged from Q3 2024.
- Funds reported $354M of General American Investors Company stock for Q4 2024, down 4.7% quarter-over-quarter.
- 8 funds opened new General American Investors Company positions in Q4 2024 and 6 closed out, a net change of +2 holders.
- The largest General American Investors Company buyer in Q4 2024 was Saba Capital Management, an estimated $23M added.
- The largest General American Investors Company seller in Q4 2024 was Allspring Global Investments, an estimated $9.49M sold.
Based on aggregated 13F filings for Q4 2024.