General American Investors Company
85 hedge funds and large institutions have $231M invested in General American Investors Company in 2019 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 36 increasing their positions, 18 reducing their positions, and 2 closing their positions.
350% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 2
100% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 18
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
14% more capital invested
Capital invested by funds: $202M → $231M (+$29.1M)
9% more funds holding
Funds holding: 78 → 85 (+7)
3.59% more ownership
Funds ownership: 21.9% → 25.49% (+3.6%)
Top Buyers
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AF
76
Allworth Financial
Folsom,
California
| $27K | – | – | – |
|
|
CAM
77
Columbia Asset Management
Ann Arbor,
Michigan
| $26.8K | +$662K | +17,985 | +23% |
|
|
AG
78
Advisor Group
Phoenix,
Arizona
| $11K | +$773 | +21 | +8% |
|
|
PCG
79
Private Capital Group
West Hartford,
Connecticut
| $4K | – | – | – |
|
|
CAC
80
Certified Advisory Corp
Altamonte Springs,
Florida
| $4K | +$221 | +6 | +6% |
|
|
SPIA
81
Steward Partners Investment Advisory
New York
| $4K | +$258 | +7 | +6% |
|
|
ASN
82
Advisory Services Network
Atlanta,
Georgia
| $3K | +$3.09K | +84 | New |
|
|
WAM
83
Wolverine Asset Management
Chicago,
Illinois
| – | -$310K | -8,530 | Closed |
|
84
Millennium Management
New York
| – | -$243K | -6,708 | Closed |
|
|
SFS
85
Sowell Financial Services
North Little Rock,
Arkansas
| – | -$37 | -1 | -20% |
|
86
Fidelity Investments
Boston,
Massachusetts
| – | +$37 | +1 | New |
|
GAM Hedge Fund Activity: Q4 2019 in Review
85 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in General American Investors Company (GAM) for Q4 2019, worth a combined $231M — up 14% from $202M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new GAM positions and 2 closed out — a net gain of 7 holders — while 36 added to existing stakes and 18 trimmed.
The largest buyer was Cohen & Steers, adding an estimated $7.17M. The largest seller was Relative Value Partners Group, cutting an estimated $4.15M.
- 85 institutional investors held General American Investors Company (GAM) as of Q4 2019, up from 78 in Q3 2019.
- Funds reported $231M of General American Investors Company stock for Q4 2019, up 14% quarter-over-quarter.
- 9 funds opened new General American Investors Company positions in Q4 2019 and 2 closed out, a net change of +7 holders.
- The largest General American Investors Company buyer in Q4 2019 was Cohen & Steers, an estimated $7.17M added.
- The largest General American Investors Company seller in Q4 2019 was Relative Value Partners Group, an estimated $4.15M sold.
Based on aggregated 13F filings for Q4 2019.