General American Investors Company
GAM
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.
2% less capital invested
Capital invested by funds: $353M → $346M (-$6.59M)
1.79% less ownership
Funds ownership: 34.23% → 32.44% (-1.8%)
5% less funds holding
Funds holding: 66 → 63 (-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: 6 → 4 (-2)
39% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 23
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RVP
Relative Value Partners
Northbrook,
Illinois
|
+$5.02M |
| 2 |
DA
Doliver Advisors
Houston,
Texas
|
+$566K |
| 3 |
NRS
Neville Rodie & Shaw
New York
|
+$472K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$455K |
| 5 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
+$433K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$2.11M |
| 2 |
BBPWM
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
|
-$1.94M |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$1.56M |
| 4 |
Lazard Asset Management
New York
|
-$1.37M |
| 5 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$1.3M |
GAM Hedge Fund Activity: Q1 2015 in Review
63 of the 3,770 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.