General American Investors Company
66 hedge funds and large institutions have $236M invested in General American Investors Company in 2022 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 21 increasing their positions, 19 reducing their positions, and 15 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
11% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 19
1.66% less ownership
Funds ownership: 29.08% → 27.42% (-1.7%)
16% less funds holding
Funds holding: 79 → 66 (-13)
21% less capital invested
Capital invested by funds: $301M → $236M (-$64.7M)
80% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$19.6M |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$4.38M |
| 3 |
AC
Almitas Capital
Santa Monica,
California
|
+$1.07M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$582K |
| 5 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$465K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$11.3M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$6.57M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.94M |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$1.53M |
| 5 |
SCM
Saba Capital Management
New York
|
-$920K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PFS
76
Prospera Financial Services
Dallas,
Texas
| – | -$129K | -3,036 | Closed |
|
77
Koshinski Asset Management
Decatur,
Illinois
| – | -$28.9K | -680 | Closed |
|
|
JPLA
78
Joseph P. Lucia & Associates
Yorktown Heights,
New York
| – | -$21K | -504 | Closed |
|
|
TFM
79
TFC Financial Management
Boston,
Massachusetts
| – | -$8K | -195 | Closed |
|
|
APA
80
American Portfolios Advisors
Holbrook,
New York
| – | -$4.76K | -112 | Closed |
|
81
Fidelity Investments
Boston,
Massachusetts
| – | +$76 | +2 | New |
|
GAM Hedge Fund Activity: Q2 2022 in Review
66 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in General American Investors Company (GAM) for Q2 2022, worth a combined $236M — down 21% from $301M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of GAM and 3 opened new positions — a net loss of 12 holders — while 19 trimmed existing stakes and 21 added.
The largest buyer was Morgan Stanley, adding an estimated $19.6M. The largest seller was Sit Investment Associates, exiting entirely with an estimated $11.3M sold.
- 66 institutional investors held General American Investors Company (GAM) as of Q2 2022, down from 79 in Q1 2022.
- Funds reported $236M of General American Investors Company stock for Q2 2022, down 21% quarter-over-quarter.
- 3 funds opened new General American Investors Company positions in Q2 2022 and 15 closed out, a net change of -12 holders.
- The largest General American Investors Company buyer in Q2 2022 was Morgan Stanley, an estimated $19.6M added.
- The largest General American Investors Company seller in Q2 2022 was Sit Investment Associates, an estimated $11.3M sold.
Based on aggregated 13F filings for Q2 2022.