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GAM

General American Investors Company

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.

New
Increased
Maintained
Reduced
Closed

33% more funds holding in top 10

Funds holding in top 10: 68 (+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: 6666 (0)

10% less repeat investments, than reductions

Existing positions increased: 19 | Existing positions reduced: 21

Holders
66
Holders Change
Holders Change %
0%
% of All Funds
1.9%
Holding in Top 10
8
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+33.33%
% of All Funds
0.23%
New
6
Increased
19
Reduced
21
Closed
5
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
$94.6M -$11M -308,560 -11%
KIM
2
Karpus Investment Management
New York
$46.2M +$7.71M +215,771 +21%
GFM
3
Gramercy Funds Management
Connecticut
$29.9M +$232K +6,500 +0.8%
BI
4
Bulldog Investors
New Jersey
$27M +$25.6M +717,292 +4,763%
OMC
5
Overbrook Management Corp
New York
$19M -$6.35M -177,633 -26%
RCM
6
Rivernorth Capital Management
Florida
$13.4M +$736K +20,600 +6%
Morgan Stanley
7
Morgan Stanley
New York
$12.3M -$99.8K -2,794 -0.8%
RJA
8
Raymond James & Associates
Florida
$12.1M +$1.72M +48,138 +17%
1CP
9
1607 Capital Partners
Virginia
$9.74M -$199K -5,566 -2%
Goldman Sachs
10
Goldman Sachs
New York
$8.05M -$985K -27,569 -11%
HSBC Holdings
11
HSBC Holdings
United Kingdom
$7.93M
BBPWM
12
Blue Bell Private Wealth Management
Pennsylvania
$7.71M +$322K +9,024 +5%
MAA
13
Mraz Amerine & Associates
California
$5.7M +$12.7K +355 +0.2%
WAM
14
Wolverine Asset Management
Illinois
$4.91M +$3.85M +107,871 +421%
SFS
15
Shaker Financial Services
Virginia
$4.2M +$2.52M +70,525 +162%
CA
16
Cornerstone Advisors
North Carolina
$4.05M +$961K +26,901 +32%
Bank of America
17
Bank of America
North Carolina
$3.76M +$167K +4,664 +5%
COLIM
18
City of London Investment Management
United Kingdom
$3.67M -$8.22K -230 -0.2%
CAN
19
Cetera Advisor Networks
California
$3.34M -$10.3K -287 -0.3%
TJHA
20
Thomas J. Herzfeld Advisors
Florida
$3.28M +$249K +6,955 +8%
SG Americas Securities
21
SG Americas Securities
New York
$2.46M
DA
22
Doliver Advisors
Texas
$1.76M -$426K -11,928 -20%
Wells Fargo
23
Wells Fargo
California
$1.4M -$11.5K -321 -0.8%
PNC Financial Services Group
24
PNC Financial Services Group
Pennsylvania
$1.31M +$245K +6,864 +24%
NRS
25
Neville Rodie & Shaw
New York
$1.23M -$105K -2,950 -8%

GAM Hedge Fund Activity: Q2 2014 in Review

66 of the 3,479 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.