General American Investors Company
83 hedge funds and large institutions have $248M invested in General American Investors Company in 2018 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 20 increasing their positions, 30 reducing their positions, and 7 closing their positions.
1% more capital invested
Capital invested by funds: $245M → $248M (+$3.66M)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
0.09% less ownership
Funds ownership: 28% → 27.9% (-0.09%)
6% less funds holding
Funds holding: 88 → 83 (-5)
33% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 30
71% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$2.83M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.72M |
| 3 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$1.33M |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$768K |
| 5 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$753K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$3M |
| 2 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$1.12M |
| 3 |
IFWM
Institute for Wealth Management
Denver,
Colorado
|
-$995K |
| 4 |
MC
Matisse Capital
Portland,
Oregon
|
-$880K |
| 5 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$720K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GTAM
76
Global Trust Asset Management
West Palm Beach,
Florida
| $27K | – | – | – |
|
|
AF
77
Allworth Financial
Folsom,
California
| $25K | – | – | – |
|
|
MRCM
78
M&R Capital Management
Summit,
New Jersey
| $11K | – | – | – |
|
|
BWM
79
Baystate Wealth Management
Boston,
Massachusetts
| $4K | – | – | – |
|
80
US Bancorp
Minneapolis,
Minnesota
| $4K | – | – | – |
|
|
PCG
81
Private Capital Group
West Hartford,
Connecticut
| $4K | +$4.25K | +124 | New |
|
|
CAC
82
Certified Advisory Corp
Altamonte Springs,
Florida
| $3K | +$34 | +1 | +1% |
|
|
EIP
83
Epoch Investment Partners
New York
| $1.04K | -$16.9K | -492 | -2% |
|
|
IFWM
84
Institute for Wealth Management
Denver,
Colorado
| – | -$995K | -37,382 | Closed |
|
85
Millennium Management
New York
| – | -$226K | -6,741 | Closed |
|
|
NMC
86
Nine Masts Capital
Central,
Hong Kong
| – | -$154K | -4,600 | Closed |
|
|
TWA
87
TCI Wealth Advisors
Tucson,
Arizona
| – | -$67K | -2,000 | Closed |
|
|
HR
88
Howe & Rusling
Rochester,
New York
| – | -$23K | -700 | Closed |
|
89
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$7K | -195 | Closed |
|
GAM Hedge Fund Activity: Q2 2018 in Review
83 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in General American Investors Company (GAM) for Q2 2018, worth a combined $248M — up 1.5% from $245M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of GAM and 2 opened new positions — a net loss of 5 holders — while 30 trimmed existing stakes and 20 added.
The largest buyer was Shaker Financial Services, adding an estimated $2.83M. The largest seller was Saba Capital Management, cutting an estimated $3M.
- 83 institutional investors held General American Investors Company (GAM) as of Q2 2018, down from 88 in Q1 2018.
- Funds reported $248M of General American Investors Company stock for Q2 2018, up 1.5% quarter-over-quarter.
- 2 funds opened new General American Investors Company positions in Q2 2018 and 7 closed out, a net change of -5 holders.
- The largest General American Investors Company buyer in Q2 2018 was Shaker Financial Services, an estimated $2.83M added.
- The largest General American Investors Company seller in Q2 2018 was Saba Capital Management, an estimated $3M sold.
Based on aggregated 13F filings for Q2 2018.