General American Investors Company
82 hedge funds and large institutions have $200M invested in General American Investors Company in 2018 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 35 increasing their positions, 19 reducing their positions, and 17 closing their positions.
84% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 19
0.12% less ownership
Funds ownership: 27.55% → 27.44% (-0.12%)
7% less funds holding
Funds holding: 88 → 82 (-6)
25% less capital invested
Capital invested by funds: $265M → $200M (-$65.5M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
35% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$4.84M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$3.23M |
| 3 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$2.3M |
| 4 |
IFWM
Institute for Wealth Management
Denver,
Colorado
|
+$1.12M |
| 5 |
BBPWM
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
|
+$892K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
-$6.11M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$3.69M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$3.47M |
| 4 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$1.26M |
| 5 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$1.07M |
GAM Hedge Fund Activity: Q4 2018 in Review
82 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in General American Investors Company (GAM) for Q4 2018, worth a combined $200M — down 25% from $265M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of GAM and 11 opened new positions — a net loss of 6 holders — while 19 trimmed existing stakes and 35 added.
The largest buyer was Bulldog Investors, adding an estimated $4.84M. The largest seller was Lazard Asset Management, cutting an estimated $6.11M.
- 82 institutional investors held General American Investors Company (GAM) as of Q4 2018, down from 88 in Q3 2018.
- Funds reported $200M of General American Investors Company stock for Q4 2018, down 25% quarter-over-quarter.
- 11 funds opened new General American Investors Company positions in Q4 2018 and 17 closed out, a net change of -6 holders.
- The largest General American Investors Company buyer in Q4 2018 was Bulldog Investors, an estimated $4.84M added.
- The largest General American Investors Company seller in Q4 2018 was Lazard Asset Management, an estimated $6.11M sold.
Based on aggregated 13F filings for Q4 2018.