General American Investors Company
GAM
66 hedge funds and large institutions have $343M invested in General American Investors Company in 2014 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 19 increasing their positions, 21 reducing their positions, and 5 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 6 → 8 (+2)
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
13% more capital invested
Capital invested by funds: $304M → $343M (+$39.4M)
2.34% more ownership
Funds ownership: 29.02% → 31.37% (+2.3%)
0% more funds holding
Funds holding: 66 → 66 (0)
10% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$25.6M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$7.71M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$3.85M |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$2.52M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.72M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
-$11M |
| 2 |
OMC
Overbrook Management Corp
New York
|
-$6.35M |
| 3 |
Goldman Sachs
New York
|
-$985K |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
-$426K |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
-$338K |
GAM Hedge Fund Activity: Q2 2014 in Review
66 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in General American Investors Company (GAM) for Q2 2014, worth a combined $343M — up 13% from $304M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new GAM positions and 5 closed out — a net gain of 1 holder — while 19 added to existing stakes and 21 trimmed.
The largest buyer was Bulldog Investors, adding an estimated $25.6M. The largest seller was Lazard Asset Management, cutting an estimated $11M.
- 66 institutional investors held General American Investors Company (GAM) as of Q2 2014, unchanged from Q1 2014.
- Funds reported $343M of General American Investors Company stock for Q2 2014, up 13% quarter-over-quarter.
- 6 funds opened new General American Investors Company positions in Q2 2014 and 5 closed out, a net change of +1 holder.
- The largest General American Investors Company buyer in Q2 2014 was Bulldog Investors, an estimated $25.6M added.
- The largest General American Investors Company seller in Q2 2014 was Lazard Asset Management, an estimated $11M sold.
Based on aggregated 13F filings for Q2 2014.