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GAM

General American Investors Company

63 hedge funds and large institutions have $333M invested in General American Investors Company in 2013 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 32 increasing their positions, 15 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

113% more repeat investments, than reductions

Existing positions increased: 32 | Existing positions reduced: 15

20% more funds holding in top 10

Funds holding in top 10: 56 (+1)

14% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 7

2% more funds holding

Funds holding: 6263 (+1)

4% more capital invested

Capital invested by funds: $319M → $333M (+$14M)

0.64% more ownership

Funds ownership: 31.66%32.3% (+0.64%)

Holders
63
Holders Change
+1
Holders Change %
+1.61%
% of All Funds
1.83%
Holding in Top 10
6
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+20%
% of All Funds
0.17%
New
8
Increased
32
Reduced
15
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Lazard Asset Management
1
Lazard Asset Management
New York
$114M -$132K -3,800 -0.1%
KIM
2
Karpus Investment Management
New York
$34.2M +$6.48M +186,577 +24%
OMC
3
Overbrook Management Corp
New York
$33M -$2.31M -66,555 -7%
GFM
4
Gramercy Funds Management
Connecticut
$28.4M -$127K -3,658 -0.5%
BI
5
Bulldog Investors
New Jersey
$20.4M -$1.63M -46,978 -8%
Morgan Stanley
6
Morgan Stanley
New York
$12.2M +$1.99M +57,332 +20%
RCM
7
Rivernorth Capital Management
Florida
$11.6M +$31.3K +900 +0.3%
1CP
8
1607 Capital Partners
Virginia
$9.6M +$10.2K +293 +0.1%
Goldman Sachs
9
Goldman Sachs
New York
$8.33M -$186K -5,352 -2%
HSBC Holdings
10
HSBC Holdings
United Kingdom
$7.58M
DT
11
Diversified Trust
Tennessee
$7.09M -$132K -3,800 -2%
BBPWM
12
Blue Bell Private Wealth Management
Pennsylvania
$6.01M +$102K +2,947 +2%
MAA
13
Mraz Amerine & Associates
California
$5.46M -$99.5K -2,866 -2%
Bank of America
14
Bank of America
North Carolina
$4.25M +$238K +6,842 +6%
COLIM
15
City of London Investment Management
United Kingdom
$3.52M +$188K +5,422 +6%
CAN
16
Cetera Advisor Networks
California
$3.28M +$167K +4,795 +5%
CA
17
Cornerstone Advisors
North Carolina
$3.07M -$146K -4,200 -5%
SG Americas Securities
18
SG Americas Securities
New York
$2.85M +$262K +7,534 +10%
TJHA
19
Thomas J. Herzfeld Advisors
Florida
$2.78M +$102K +2,937 +4%
RJFSA
20
Raymond James Financial Services Advisors
Florida
$1.68M +$244K +7,029 +17%
Wells Fargo
21
Wells Fargo
California
$1.25M -$1.57M -45,307 -56%
NRS
22
Neville Rodie & Shaw
New York
$1.24M +$70.2K +2,020 +6%
KFC
23
Klingenstein Fields & Co
New York
$1.05M +$59.6K +1,717 +6%
PNC Financial Services Group
24
PNC Financial Services Group
Pennsylvania
$952K +$904K +26,037 +2,545%
LCS
25
Levin Capital Strategies
New York
$876K

GAM Hedge Fund Activity: Q4 2013 in Review

63 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in General American Investors Company (GAM) for Q4 2013, worth a combined $333M — up 4.4% from $319M a quarter earlier.

Buyers outnumbered sellers: 8 funds opened new GAM positions and 7 closed out — a net gain of 1 holder — while 32 added to existing stakes and 15 trimmed.

The largest buyer was Karpus Investment Management, adding an estimated $6.48M. The largest seller was Overbrook Management Corp, cutting an estimated $2.31M.

  • 63 institutional investors held General American Investors Company (GAM) as of Q4 2013, up from 62 in Q3 2013.
  • Funds reported $333M of General American Investors Company stock for Q4 2013, up 4.4% quarter-over-quarter.
  • 8 funds opened new General American Investors Company positions in Q4 2013 and 7 closed out, a net change of +1 holder.
  • The largest General American Investors Company buyer in Q4 2013 was Karpus Investment Management, an estimated $6.48M added.
  • The largest General American Investors Company seller in Q4 2013 was Overbrook Management Corp, an estimated $2.31M sold.

Based on aggregated 13F filings for Q4 2013.