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GAM

General American Investors Company

64 hedge funds and large institutions have $357M invested in General American Investors Company in 2014 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 18 increasing their positions, 21 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

1.06% more ownership

Funds ownership: 31.37%32.43% (+1.1%)

4% more capital invested

Capital invested by funds: $343M → $357M (+$13.9M)

0% more funds holding in top 10

Funds holding in top 10: 88 (0)

3% less funds holding

Funds holding: 6664 (-2)

14% less repeat investments, than reductions

Existing positions increased: 18 | Existing positions reduced: 21

33% less first-time investments, than exits

New positions opened: 4 | Existing positions closed: 6

Holders
64
Holders Change
-2
Holders Change %
-3.03%
% of All Funds
1.86%
Holding in Top 10
8
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.23%
New
4
Increased
18
Reduced
21
Closed
6
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
$95.5M +$217K +5,825 +0.2%
KIM
2
Karpus Investment Management
New York
$47.2M +$699K +18,713 +1%
BI
3
Bulldog Investors
New Jersey
$46.5M +$19.5M +523,246 +71%
GFM
4
Gramercy Funds Management
Connecticut
$28.8M -$1.28M -34,242 -4%
OMC
5
Overbrook Management Corp
New York
$16.6M -$2.48M -66,430 -13%
RCM
6
Rivernorth Capital Management
Florida
$13.5M
RJA
7
Raymond James & Associates
Florida
$13M +$836K +22,388 +7%
Morgan Stanley
8
Morgan Stanley
New York
$12.1M -$327K -8,770 -3%
1CP
9
1607 Capital Partners
Virginia
$9.93M +$123K +3,300 +1%
HSBC Holdings
10
HSBC Holdings
United Kingdom
$7.99M
BBPWM
11
Blue Bell Private Wealth Management
Pennsylvania
$7.75M -$12.4K -332 -0.2%
Goldman Sachs
12
Goldman Sachs
New York
$7.67M -$431K -11,546 -5%
MAA
13
Mraz Amerine & Associates
California
$5.7M -$38.6K -1,035 -0.7%
CA
14
Cornerstone Advisors
North Carolina
$5.5M +$1.43M +38,391 +35%
WAM
15
Wolverine Asset Management
Illinois
$4.51M -$443K -11,874 -9%
Bank of America
16
Bank of America
North Carolina
$3.72M -$63.7K -1,707 -2%
COLIM
17
City of London Investment Management
United Kingdom
$3.63M -$70.9K -1,900 -2%
SFS
18
Shaker Financial Services
Virginia
$3.34M -$893K -23,920 -21%
TJHA
19
Thomas J. Herzfeld Advisors
Florida
$3.19M -$112K -3,000 -3%
SG Americas Securities
20
SG Americas Securities
New York
$2.46M -$7.02K -188 -0.3%
DA
21
Doliver Advisors
Texas
$1.84M +$72.4K +1,938 +4%
PNC Financial Services Group
22
PNC Financial Services Group
Pennsylvania
$1.32M
NRS
23
Neville Rodie & Shaw
New York
$1.23M
CAN
24
Cetera Advisor Networks
California
$1.2M -$2.17M -58,171 -64%
First Trust Advisors
25
First Trust Advisors
Illinois
$1.13M +$31.5K +845 +3%

GAM Hedge Fund Activity: Q3 2014 in Review

64 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in General American Investors Company (GAM) for Q3 2014, worth a combined $357M — up 4.1% from $343M a quarter earlier.

Sellers outnumbered buyers: 6 funds closed out of GAM and 4 opened new positions — a net loss of 2 holders — while 21 trimmed existing stakes and 18 added.

The largest buyer was Bulldog Investors, adding an estimated $19.5M. The largest seller was Overbrook Management Corp, cutting an estimated $2.48M.

  • 64 institutional investors held General American Investors Company (GAM) as of Q3 2014, down from 66 in Q2 2014.
  • Funds reported $357M of General American Investors Company stock for Q3 2014, up 4.1% quarter-over-quarter.
  • 4 funds opened new General American Investors Company positions in Q3 2014 and 6 closed out, a net change of -2 holders.
  • The largest General American Investors Company buyer in Q3 2014 was Bulldog Investors, an estimated $19.5M added.
  • The largest General American Investors Company seller in Q3 2014 was Overbrook Management Corp, an estimated $2.48M sold.

Based on aggregated 13F filings for Q3 2014.