General American Investors Company
GAM
82 hedge funds and large institutions have $239M invested in General American Investors Company in 2016 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 38 increasing their positions, 25 reducing their positions, and 7 closing their positions.
52% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 25
0% more funds holding
Funds holding: 82 → 82 (0)
0% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 7
0.05% less ownership
Funds ownership: 28.55% → 28.5% (-0.05%)
9% less capital invested
Capital invested by funds: $263M → $239M (-$23.8M)
50% less funds holding in top 10
Funds holding in top 10: 6 → 3 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$6.24M |
| 2 |
Lazard Asset Management
New York
|
+$5.81M |
| 3 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$3.61M |
| 4 |
RVPG
Relative Value Partners Group
|
+$3.57M |
| 5 |
BBPWM
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
|
+$1.91M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GFM
Gramercy Funds Management
Greenwich,
Connecticut
|
-$18.3M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$5.51M |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$4.99M |
| 4 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$4.41M |
| 5 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$2.67M |
GAM Hedge Fund Activity: Q4 2016 in Review
82 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in General American Investors Company (GAM) for Q4 2016, worth a combined $239M — down 9.1% from $263M a quarter earlier.
Fund positioning in GAM was balanced in Q4 2016: 7 funds opened new positions, 7 closed out, 38 added to existing stakes and 25 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $6.24M. The largest seller was Gramercy Funds Management, cutting an estimated $18.3M.
- 82 institutional investors held General American Investors Company (GAM) as of Q4 2016, unchanged from Q3 2016.
- Funds reported $239M of General American Investors Company stock for Q4 2016, down 9.1% quarter-over-quarter.
- 7 funds opened new General American Investors Company positions in Q4 2016 and 7 closed out, a net change of 0 holders.
- The largest General American Investors Company buyer in Q4 2016 was Morgan Stanley, an estimated $6.24M added.
- The largest General American Investors Company seller in Q4 2016 was Gramercy Funds Management, an estimated $18.3M sold.
Based on aggregated 13F filings for Q4 2016.