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GAM

General American Investors Company

63 hedge funds and large institutions have $346M invested in General American Investors Company in 2015 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 14 increasing their positions, 23 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

2% less capital invested

Capital invested by funds: $353M → $346M (-$6.58M)

1.79% less ownership

Funds ownership: 34.23%32.44% (-1.8%)

5% less funds holding

Funds holding: 6663 (-3)

27% less first-time investments, than exits

New positions opened: 8 | Existing positions closed: 11

33% less funds holding in top 10

Funds holding in top 10: 64 (-2)

39% less repeat investments, than reductions

Existing positions increased: 14 | Existing positions reduced: 23

Holders
63
Holders Change
-3
Holders Change %
-4.55%
% of All Funds
1.68%
Holding in Top 10
4
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-33.33%
% of All Funds
0.11%
New
8
Increased
14
Reduced
23
Closed
11
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
$96.7M -$1.37M -39,300 -1%
BI
2
Bulldog Investors
New Jersey
$45M -$1.3M -37,450 -3%
KIM
3
Karpus Investment Management
New York
$40.7M -$1.56M -44,830 -4%
GFM
4
Gramercy Funds Management
Connecticut
$26.7M -$650K -18,700 -2%
OMC
5
Overbrook Management Corp
New York
$15.6M -$116K -3,337 -0.7%
SIA
6
Sit Investment Associates
Minnesota
$13.1M -$343K -9,850 -3%
RCM
7
Rivernorth Capital Management
Florida
$13M +$3.48K +100 +0%
Morgan Stanley
8
Morgan Stanley
New York
$12.5M +$314K +9,029 +3%
RJA
9
Raymond James & Associates
Florida
$11.7M -$1.01M -29,110 -8%
1CP
10
1607 Capital Partners
Virginia
$9.16M -$422K -12,134 -4%
HSBC Holdings
11
HSBC Holdings
United Kingdom
$7.69M
Goldman Sachs
12
Goldman Sachs
New York
$7.02M -$664K -19,105 -9%
MAA
13
Mraz Amerine & Associates
California
$5.28M -$59.3K -1,705 -1%
RVP
14
Relative Value Partners
Illinois
$5.05M +$5.02M +144,346 New
BBPWM
15
Blue Bell Private Wealth Management
Pennsylvania
$4.47M -$1.94M -55,724 -30%
Bank of America
16
Bank of America
North Carolina
$3.89M -$112K -3,218 -3%
TJHA
17
Thomas J. Herzfeld Advisors
Florida
$3.29M -$51.6K -1,485 -2%
CA
18
Cornerstone Advisors
North Carolina
$2.88M -$1.16M -33,330 -29%
COLIM
19
City of London Investment Management
United Kingdom
$2.69M -$311K -8,932 -10%
SG Americas Securities
20
SG Americas Securities
New York
$2.28M -$626 -18 -0%
NRS
21
Neville Rodie & Shaw
New York
$1.66M +$472K +13,564 +40%
DA
22
Doliver Advisors
Texas
$1.51M +$566K +16,275 +61%
PNC Financial Services Group
23
PNC Financial Services Group
Pennsylvania
$1.3M +$45K +1,295 +4%
RJFSA
24
Raymond James Financial Services Advisors
Florida
$1.25M +$224K +6,430 +22%
First Trust Advisors
25
First Trust Advisors
Illinois
$1.2M +$33.7K +969 +3%

GAM Hedge Fund Activity: Q1 2015 in Review

63 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in General American Investors Company (GAM) for Q1 2015, worth a combined $346M — down 1.9% from $353M a quarter earlier.

Sellers outnumbered buyers: 11 funds closed out of GAM and 8 opened new positions — a net loss of 3 holders — while 23 trimmed existing stakes and 14 added.

The largest buyer was Relative Value Partners, opening a new position worth an estimated $5.02M. The largest seller was Weiss Asset Management, exiting entirely with an estimated $2.11M sold.

  • 63 institutional investors held General American Investors Company (GAM) as of Q1 2015, down from 66 in Q4 2014.
  • Funds reported $346M of General American Investors Company stock for Q1 2015, down 1.9% quarter-over-quarter.
  • 8 funds opened new General American Investors Company positions in Q1 2015 and 11 closed out, a net change of -3 holders.
  • The largest General American Investors Company buyer in Q1 2015 was Relative Value Partners, an estimated $5.02M added.
  • The largest General American Investors Company seller in Q1 2015 was Weiss Asset Management, an estimated $2.11M sold.

Based on aggregated 13F filings for Q1 2015.