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GAM

General American Investors Company

87 hedge funds and large institutions have $281M invested in General American Investors Company in 2017 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 21 increasing their positions, 25 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

80% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 5

5% more funds holding

Funds holding: 8387 (+4)

4% more capital invested

Capital invested by funds: $270M → $281M (+$10.8M)

0.51% more ownership

Funds ownership: 29.78%30.29% (+0.51%)

0% more funds holding in top 10

Funds holding in top 10: 55 (0)

16% less repeat investments, than reductions

Existing positions increased: 21 | Existing positions reduced: 25

Holders
87
Holders Change
+4
Holders Change %
+4.82%
% of All Funds
2.17%
Holding in Top 10
5
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.12%
New
9
Increased
21
Reduced
25
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
$41.5M -$2.93M -86,300 -7%
SCM
2
Saba Capital Management
New York
$39.2M -$1.34M -39,459 -3%
KIM
3
Karpus Investment Management
New York
$23.8M -$537K -15,806 -2%
BBPWM
4
Blue Bell Private Wealth Management
Pennsylvania
$19.3M +$2M +58,875 +12%
RJA
5
Raymond James & Associates
Florida
$14.9M +$287K +8,455 +2%
RVPG
6
Relative Value Partners Group
$13.9M +$2.2M +64,655 +19%
CA
7
Cornerstone Advisors
North Carolina
$12.5M
Morgan Stanley
8
Morgan Stanley
New York
$10.9M -$1.63M -48,086 -13%
1CP
9
1607 Capital Partners
Virginia
$9.9M
RCM
10
Rivernorth Capital Management
Florida
$9M -$1.55M -45,532 -15%
SFS
11
Shaker Financial Services
Virginia
$6.16M +$1.16M +34,056 +23%
MC
12
Matisse Capital
Oregon
$5.99M +$105K +3,100 +2%
1832 Asset Management
13
1832 Asset Management
Ontario, Canada
$5.16M
MAA
14
Mraz Amerine & Associates
California
$4.93M -$34K -1,000 -0.7%
TJHA
15
Thomas J. Herzfeld Advisors
Florida
$4.87M +$264K +7,776 +6%
Geode Capital Management
16
Geode Capital Management
Massachusetts
$4.6M -$534K -15,714 -10%
Bank of America
17
Bank of America
North Carolina
$4.6M +$340K +10,001 +8%
COLIM
18
City of London Investment Management
United Kingdom
$4.02M
OMC
19
Overbrook Management Corp
New York
$3.69M -$528K -15,528 -13%
WAM
20
Wolverine Asset Management
Illinois
$3.19M +$2.75M +81,033 +687%
KLI
21
Kelman-Lazarov Inc
Tennessee
$3.14M -$58.3K -1,714 -2%
SIA
22
Sit Investment Associates
Minnesota
$2.62M +$2.59M +76,335 New
BC
23
Brinker Capital
Pennsylvania
$2.44M -$168K -4,948 -7%
CAM
24
Columbia Asset Management
Michigan
$2.13M +$8.5K +250 +0.3%
First Trust Advisors
25
First Trust Advisors
Illinois
$1.78M +$203K +5,962 +13%

GAM Hedge Fund Activity: Q2 2017 in Review

87 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in General American Investors Company (GAM) for Q2 2017, worth a combined $281M — up 4% from $270M a quarter earlier.

Buyers outnumbered sellers: 9 funds opened new GAM positions and 5 closed out — a net gain of 4 holders — while 21 added to existing stakes and 25 trimmed.

The largest buyer was Wolverine Asset Management, adding an estimated $2.75M. The largest seller was Lazard Asset Management, cutting an estimated $2.93M.

  • 87 institutional investors held General American Investors Company (GAM) as of Q2 2017, up from 83 in Q1 2017.
  • Funds reported $281M of General American Investors Company stock for Q2 2017, up 4% quarter-over-quarter.
  • 9 funds opened new General American Investors Company positions in Q2 2017 and 5 closed out, a net change of +4 holders.
  • The largest General American Investors Company buyer in Q2 2017 was Wolverine Asset Management, an estimated $2.75M added.
  • The largest General American Investors Company seller in Q2 2017 was Lazard Asset Management, an estimated $2.93M sold.

Based on aggregated 13F filings for Q2 2017.