General American Investors Company
73 hedge funds and large institutions have $269M invested in General American Investors Company in 2015 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 26 increasing their positions, 12 reducing their positions, and 4 closing their positions.
117% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 12
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
4% more funds holding
Funds holding: 70 → 73 (+3)
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
2.89% less ownership
Funds ownership: 31.47% → 28.57% (-2.9%)
19% less capital invested
Capital invested by funds: $331M → $269M (-$62M)
Top Buyers
Top Sellers
| 1 |
Lazard Asset Management
New York
|
-$30.9M |
| 2 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$9.27M |
| 3 |
Goldman Sachs
New York
|
-$3.74M |
| 4 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$2.79M |
| 5 |
OMC
Overbrook Management Corp
New York
|
-$2.74M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SIA
76
Sit Investment Associates
Minneapolis,
Minnesota
| – | -$2.79M | -80,151 | Closed |
|
77
SG Americas Securities
New York
| – | -$658K | -18,879 | Closed |
|
|
JMPWA
78
JP Morgan Private Wealth Advisors
San Francisco,
California
| – | -$212K | -6,085 | Closed |
|
GAM Hedge Fund Activity: Q3 2015 in Review
73 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in General American Investors Company (GAM) for Q3 2015, worth a combined $269M — down 19% from $331M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new GAM positions and 4 closed out — a net gain of 3 holders — while 26 added to existing stakes and 12 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $7.08M. The largest seller was Lazard Asset Management, cutting an estimated $30.9M.
- 73 institutional investors held General American Investors Company (GAM) as of Q3 2015, up from 70 in Q2 2015.
- Funds reported $269M of General American Investors Company stock for Q3 2015, down 19% quarter-over-quarter.
- 7 funds opened new General American Investors Company positions in Q3 2015 and 4 closed out, a net change of +3 holders.
- The largest General American Investors Company buyer in Q3 2015 was Karpus Investment Management, an estimated $7.08M added.
- The largest General American Investors Company seller in Q3 2015 was Lazard Asset Management, an estimated $30.9M sold.
Based on aggregated 13F filings for Q3 2015.