General American Investors Company
84 hedge funds and large institutions have $293M invested in General American Investors Company in 2017 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 27 increasing their positions, 26 reducing their positions, and 4 closing their positions.
4% more capital invested
Capital invested by funds: $281M → $293M (+$11.7M)
4% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 26
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
0.17% less ownership
Funds ownership: 30.29% → 30.13% (-0.17%)
3% less funds holding
Funds holding: 87 → 84 (-3)
75% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RVPG
Relative Value Partners Group
|
+$2.67M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$2.39M |
| 3 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$2.33M |
| 4 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$2.21M |
| 5 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$2.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
-$3.72M |
| 2 |
SCM
Saba Capital Management
New York
|
-$3.32M |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$2.74M |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.02M |
| 5 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
-$883K |
GAM Hedge Fund Activity: Q3 2017 in Review
84 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in General American Investors Company (GAM) for Q3 2017, worth a combined $293M — up 4.2% from $281M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of GAM and 1 opened new positions — a net loss of 3 holders — while 26 trimmed existing stakes and 27 added.
The largest buyer was Relative Value Partners Group, adding an estimated $2.67M. The largest seller was Lazard Asset Management, cutting an estimated $3.72M.
- 84 institutional investors held General American Investors Company (GAM) as of Q3 2017, down from 87 in Q2 2017.
- Funds reported $293M of General American Investors Company stock for Q3 2017, up 4.2% quarter-over-quarter.
- 1 fund opened new General American Investors Company positions in Q3 2017 and 4 closed out, a net change of -3 holders.
- The largest General American Investors Company buyer in Q3 2017 was Relative Value Partners Group, an estimated $2.67M added.
- The largest General American Investors Company seller in Q3 2017 was Lazard Asset Management, an estimated $3.72M sold.
Based on aggregated 13F filings for Q3 2017.