General American Investors Company
77 hedge funds and large institutions have $175M invested in General American Investors Company in 2020 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 17 increasing their positions, 27 reducing their positions, and 17 closing their positions.
0.31% more ownership
Funds ownership: 25.49% → 25.8% (+0.31%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
9% less funds holding
Funds holding: 85 → 77 (-8)
24% less capital invested
Capital invested by funds: $231M → $175M (-$56.4M)
35% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 17
37% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 27
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$7.27M |
| 2 |
Lazard Asset Management
New York
|
+$6.42M |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$3.92M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$940K |
| 5 |
Goldman Sachs
New York
|
+$709K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$4.65M |
| 2 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$1.91M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$1.49M |
| 4 |
BBPWM
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
|
-$1.27M |
| 5 |
EIP
Epoch Investment Partners
New York
|
-$1.2M |
GAM Hedge Fund Activity: Q1 2020 in Review
77 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in General American Investors Company (GAM) for Q1 2020, worth a combined $175M — down 24% from $231M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of GAM and 11 opened new positions — a net loss of 6 holders — while 27 trimmed existing stakes and 17 added.
The largest buyer was Sit Investment Associates, opening a new position worth an estimated $7.27M. The largest seller was Cornerstone Advisors, cutting an estimated $4.65M.
- 77 institutional investors held General American Investors Company (GAM) as of Q1 2020, down from 85 in Q4 2019.
- Funds reported $175M of General American Investors Company stock for Q1 2020, down 24% quarter-over-quarter.
- 11 funds opened new General American Investors Company positions in Q1 2020 and 17 closed out, a net change of -6 holders.
- The largest General American Investors Company buyer in Q1 2020 was Sit Investment Associates, an estimated $7.27M added.
- The largest General American Investors Company seller in Q1 2020 was Cornerstone Advisors, an estimated $4.65M sold.
Based on aggregated 13F filings for Q1 2020.