General American Investors Company
62 hedge funds and large institutions have $319M invested in General American Investors Company in 2013 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 17 increasing their positions, 16 reducing their positions, and 3 closing their positions.
200% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 3
11% more funds holding
Funds holding: 56 → 62 (+6)
7% more capital invested
Capital invested by funds: $298M → $319M (+$21.7M)
6% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 16
0.19% more ownership
Funds ownership: 31.47% → 31.66% (+0.19%)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
Top Buyers
Top Sellers
| 1 |
Lazard Asset Management
New York
|
-$1.39M |
| 2 |
Morgan Stanley
New York
|
-$1.36M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$889K |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
-$561K |
| 5 |
OMC
Overbrook Management Corp
New York
|
-$501K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
U
51
UBS
Zurich,
Switzerland
| $60K | +$54.9K | +1,643 | +1,369% |
|
|
PSUF
52
People's United Financial
Bridgeport,
Connecticut
| $51K | +$66.8K | +2,000 | New |
|
53
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $36K | – | – | – |
|
54
Invesco
Atlanta,
Georgia
| $28K | -$5.58K | -167 | -17% |
|
|
HR
55
Howe & Rusling
Rochester,
New York
| $28K | – | – | – |
|
|
PTC
56
Private Trust Company
Cleveland,
Ohio
| $24K | – | – | – |
|
|
WF
57
WealthTrust Fairport
Cleveland,
Ohio
| $16K | +$15.5K | +465 | New |
|
|
TRCT
58
Tower Research Capital (TRC)
New York
| $13K | +$6.68K | +200 | +118% |
|
|
GT
59
Glenmede Trust
Philadelphia,
Pennsylvania
| $10K | – | – | – |
|
|
FAM
60
Formidable Asset Management
Cincinnati,
Ohio
| $8K | +$7.99K | +239 | New |
|
|
HCC
61
Hirtle Callaghan & Co
West Conshohocken,
Pennsylvania
| $1K | +$635 | +19 | New |
|
|
WAM
62
Wolverine Asset Management
Chicago,
Illinois
| – | -$889K | -27,850 | Closed |
|
|
ST
63
Sentinel Trust
Houston,
Texas
| – | -$355K | -11,119 | Closed |
|
64
Citigroup
New York
| – | -$23.9K | -715 | Closed |
|
GAM Hedge Fund Activity: Q3 2013 in Review
62 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in General American Investors Company (GAM) for Q3 2013, worth a combined $319M — up 7.3% from $298M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new GAM positions and 3 closed out — a net gain of 6 holders — while 17 added to existing stakes and 16 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $4.5M. The largest seller was Lazard Asset Management, cutting an estimated $1.39M.
- 62 institutional investors held General American Investors Company (GAM) as of Q3 2013, up from 56 in Q2 2013.
- Funds reported $319M of General American Investors Company stock for Q3 2013, up 7.3% quarter-over-quarter.
- 9 funds opened new General American Investors Company positions in Q3 2013 and 3 closed out, a net change of +6 holders.
- The largest General American Investors Company buyer in Q3 2013 was Karpus Investment Management, an estimated $4.5M added.
- The largest General American Investors Company seller in Q3 2013 was Lazard Asset Management, an estimated $1.39M sold.
Based on aggregated 13F filings for Q3 2013.