General American Investors Company
76 hedge funds and large institutions have $305M invested in General American Investors Company in 2023 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 29 increasing their positions, 17 reducing their positions, and 5 closing their positions.
71% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 17
60% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 5
4% more funds holding
Funds holding: 73 → 76 (+3)
0.14% more ownership
Funds ownership: 30.8% → 30.94% (+0.14%)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
1% less capital invested
Capital invested by funds: $308M → $305M (-$3.57M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
API
Advisor Partners II
Walnut Creek,
California
|
+$2.99M |
| 2 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$1.61M |
| 3 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$1.57M |
| 4 |
Cohen & Steers
New York
|
+$1.28M |
| 5 |
SIC
Salem Investment Counselors
Winston Salem,
North Carolina
|
+$879K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$7.59M |
| 2 |
Morgan Stanley
New York
|
-$608K |
| 3 |
OMC
Overbrook Management Corp
New York
|
-$465K |
| 4 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$458K |
| 5 |
Lazard Asset Management
New York
|
-$407K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HGERS
76
Householder Group Estate & Retirement Specialist
Scottsdale,
Arizona
| $165 | +$167 | +4 | New |
|
|
HNB
77
Huntington National Bank
Columbus,
Ohio
| $41 | – | – | – |
|
|
RFC
78
Regions Financial Corp
Birmingham,
Alabama
| – | -$382K | -9,163 | Closed |
|
|
V
79
Veritable
Wilmington,
Delaware
| – | -$337K | -8,067 | Closed |
|
|
VFA
80
Valeo Financial Advisors
Carmel,
Indiana
| – | -$236K | -5,646 | Closed |
|
81
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | -$2K | -58 | Closed |
|
|
EWA
82
EverSource Wealth Advisors
Birmingham,
Alabama
| – | -$584 | -14 | Closed |
|
GAM Hedge Fund Activity: Q3 2023 in Review
76 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in General American Investors Company (GAM) for Q3 2023, worth a combined $305M — down 1.2% from $308M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new GAM positions and 5 closed out — a net gain of 3 holders — while 29 added to existing stakes and 17 trimmed.
The largest buyer was Advisor Partners II, opening a new position worth an estimated $2.99M. The largest seller was Saba Capital Management, cutting an estimated $7.59M.
- 76 institutional investors held General American Investors Company (GAM) as of Q3 2023, up from 73 in Q2 2023.
- Funds reported $305M of General American Investors Company stock for Q3 2023, down 1.2% quarter-over-quarter.
- 8 funds opened new General American Investors Company positions in Q3 2023 and 5 closed out, a net change of +3 holders.
- The largest General American Investors Company buyer in Q3 2023 was Advisor Partners II, an estimated $2.99M added.
- The largest General American Investors Company seller in Q3 2023 was Saba Capital Management, an estimated $7.59M sold.
Based on aggregated 13F filings for Q3 2023.