General American Investors Company
71 hedge funds and large institutions have $286M invested in General American Investors Company in 2023 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 16 increasing their positions, 25 reducing their positions, and 9 closing their positions.
9% more capital invested
Capital invested by funds: $263M → $286M (+$22.9M)
0.55% more ownership
Funds ownership: 30.38% → 30.93% (+0.55%)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
5% less funds holding
Funds holding: 75 → 71 (-4)
33% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 9
36% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 25
Top Buyers
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Rockefeller Capital Management
New York
| – | -$36K | -1,014 | Closed |
|
|
IA
77
IFP Advisors
Tampa,
Florida
| – | -$13K | -355 | Closed |
|
|
TRCT
78
Tower Research Capital (TRC)
New York
| – | -$10K | -269 | Closed |
|
79
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | -$1K | -35 | Closed |
|
|
HGERS
80
Householder Group Estate & Retirement Specialist
Scottsdale,
Arizona
| – | +$152 | +4 | New |
|
GAM Hedge Fund Activity: Q1 2023 in Review
71 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in General American Investors Company (GAM) for Q1 2023, worth a combined $286M — up 8.7% from $263M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of GAM and 6 opened new positions — a net loss of 3 holders — while 25 trimmed existing stakes and 16 added.
The largest buyer was Saba Capital Management, adding an estimated $12.3M. The largest seller was 1832 Asset Management, exiting entirely with an estimated $4.82M sold.
- 71 institutional investors held General American Investors Company (GAM) as of Q1 2023, down from 75 in Q4 2022.
- Funds reported $286M of General American Investors Company stock for Q1 2023, up 8.7% quarter-over-quarter.
- 6 funds opened new General American Investors Company positions in Q1 2023 and 9 closed out, a net change of -3 holders.
- The largest General American Investors Company buyer in Q1 2023 was Saba Capital Management, an estimated $12.3M added.
- The largest General American Investors Company seller in Q1 2023 was 1832 Asset Management, an estimated $4.82M sold.
Based on aggregated 13F filings for Q1 2023.