General American Investors Company
GAM
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.
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: 5 → 6 (+1)
14% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 7
2% more funds holding
Funds holding: 62 → 63 (+1)
4% more capital invested
Capital invested by funds: $319M → $333M (+$14M)
0.64% more ownership
Funds ownership: 31.66% → 32.3% (+0.64%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$6.48M |
| 2 |
Morgan Stanley
New York
|
+$1.99M |
| 3 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$904K |
| 4 |
PP
Paloma Partners
Greenwich,
Connecticut
|
+$434K |
| 5 |
FFA
First Foundation Advisors
Irvine,
California
|
+$285K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OMC
Overbrook Management Corp
New York
|
-$2.31M |
| 2 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$1.63M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$1.57M |
| 4 |
TNBTD
Trustmark National Bank Trust Department
Jackson,
Mississippi
|
-$844K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$495K |
GAM Hedge Fund Activity: Q4 2013 in Review
63 of the 3,459 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.