General American Investors Company
77 hedge funds and large institutions have $264M invested in General American Investors Company in 2020 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 26 increasing their positions, 21 reducing their positions, and 8 closing their positions.
24% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 21
13% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 8
10% more capital invested
Capital invested by funds: $241M → $264M (+$23.2M)
1% more funds holding
Funds holding: 76 → 77 (+1)
0.1% more ownership
Funds ownership: 28.95% → 29.05% (+0.1%)
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$3.3M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$690K |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$660K |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
+$629K |
| 5 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$492K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCS
Levin Capital Strategies
New York
|
-$2.09M |
| 2 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$1.07M |
| 3 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$948K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$744K |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$674K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
QCIG
76
Quad-Cities Investment Group
Davenport,
Iowa
| – | -$244K | -7,190 | Closed |
|
77
Cambridge Investment Research Advisors
Fairfield,
Iowa
| – | -$242K | -7,133 | Closed |
|
|
KTC
78
Kistler-Tiffany Companies
Berwyn,
Pennsylvania
| – | -$125K | -3,685 | Closed |
|
|
PFS
79
Prospera Financial Services
Dallas,
Texas
| – | -$88K | -2,605 | Closed |
|
|
EFSCE
80
Enterprise Financial Services Corp (EFSC)
Clayton,
Missouri
| – | -$32K | -946 | Closed |
|
|
WLPWM
81
Walled Lake Planning & Wealth Management
Winnetka,
Illinois
| – | -$355 | -10 | -48% |
|
82
JP Morgan Chase
New York
| – | +$35 | +1 | New |
|
|
SFS
83
Sowell Financial Services
North Little Rock,
Arkansas
| – | +$35 | +1 | +8% |
|
GAM Hedge Fund Activity: Q4 2020 in Review
77 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in General American Investors Company (GAM) for Q4 2020, worth a combined $264M — up 9.6% from $241M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new GAM positions and 8 closed out — a net gain of 1 holder — while 26 added to existing stakes and 21 trimmed.
The largest buyer was Wells Fargo, adding an estimated $3.3M. The largest seller was Levin Capital Strategies, cutting an estimated $2.09M.
- 77 institutional investors held General American Investors Company (GAM) as of Q4 2020, up from 76 in Q3 2020.
- Funds reported $264M of General American Investors Company stock for Q4 2020, up 9.6% quarter-over-quarter.
- 9 funds opened new General American Investors Company positions in Q4 2020 and 8 closed out, a net change of +1 holder.
- The largest General American Investors Company buyer in Q4 2020 was Wells Fargo, an estimated $3.3M added.
- The largest General American Investors Company seller in Q4 2020 was Levin Capital Strategies, an estimated $2.09M sold.
Based on aggregated 13F filings for Q4 2020.