General American Investors Company
GAM
88 hedge funds and large institutions have $245M invested in General American Investors Company in 2018 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 26 increasing their positions, 24 reducing their positions, and 10 closing their positions.
8% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 24
0.32% more ownership
Funds ownership: 27.68% → 28% (+0.32%)
3% less capital invested
Capital invested by funds: $252M → $245M (-$6.94M)
5% less funds holding
Funds holding: 93 → 88 (-5)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
50% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$9.12M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$2.23M |
| 3 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$2.15M |
| 4 |
BBPWM
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
|
+$1.49M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.48M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Matisse Capital
Portland,
Oregon
|
-$4.48M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$3.94M |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
-$3.07M |
| 4 |
NRS
Neville Rodie & Shaw
New York
|
-$2.36M |
| 5 |
LCM
Laurion Capital Management
New York
|
-$1.13M |
GAM Hedge Fund Activity: Q1 2018 in Review
88 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in General American Investors Company (GAM) for Q1 2018, worth a combined $245M — down 2.8% from $252M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of GAM and 5 opened new positions — a net loss of 5 holders — while 24 trimmed existing stakes and 26 added.
The largest buyer was Sit Investment Associates, adding an estimated $9.12M. The largest seller was Matisse Capital, cutting an estimated $4.48M.
- 88 institutional investors held General American Investors Company (GAM) as of Q1 2018, down from 93 in Q4 2017.
- Funds reported $245M of General American Investors Company stock for Q1 2018, down 2.8% quarter-over-quarter.
- 5 funds opened new General American Investors Company positions in Q1 2018 and 10 closed out, a net change of -5 holders.
- The largest General American Investors Company buyer in Q1 2018 was Sit Investment Associates, an estimated $9.12M added.
- The largest General American Investors Company seller in Q1 2018 was Matisse Capital, an estimated $4.48M sold.
Based on aggregated 13F filings for Q1 2018.