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GAM

General American Investors Company

66 hedge funds and large institutions have $236M invested in General American Investors Company in 2022 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 21 increasing their positions, 19 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

33% more funds holding in top 10

Funds holding in top 10: 34 (+1)

11% more repeat investments, than reductions

Existing positions increased: 21 | Existing positions reduced: 19

1.66% less ownership

Funds ownership: 29.08%27.42% (-1.7%)

16% less funds holding

Funds holding: 7966 (-13)

21% less capital invested

Capital invested by funds: $301M → $236M (-$64.7M)

80% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 15

Holders
66
Holders Change
-13
Holders Change %
-16.46%
% of All Funds
1.11%
Holding in Top 10
4
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+33.33%
% of All Funds
0.07%
New
3
Increased
21
Reduced
19
Closed
15
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
$46.5M
1CP
2
1607 Capital Partners
Virginia
$35.7M +$4.38M +114,761 +13%
BBPWM
3
Blue Bell Private Wealth Management
Pennsylvania
$22.5M +$298K +7,797 +1%
Morgan Stanley
4
Morgan Stanley
New York
$21.9M +$19.6M +513,461 +488%
SCM
5
Saba Capital Management
New York
$14.4M -$920K -24,082 -6%
CA
6
Cornerstone Advisors
North Carolina
$13.8M -$153K -4,000 -1%
BI
7
Bulldog Investors
New Jersey
$11.7M +$76.1K +1,992 +0.6%
Allspring Global Investments
8
Allspring Global Investments
North Carolina
$7.33M +$465K +12,185 +6%
Bank of America
9
Bank of America
North Carolina
$6.35M -$59.9K -1,568 -0.9%
SFS
10
Shaker Financial Services
Virginia
$5.38M -$1.53M -40,155 -21%
1832 Asset Management
11
1832 Asset Management
Ontario, Canada
$4.71M
LCS
12
Levin Capital Strategies
New York
$3.65M
Royal Bank of Canada
13
Royal Bank of Canada
Ontario, Canada
$3.59M +$582K +15,231 +18%
OMC
14
Overbrook Management Corp
New York
$3.26M
Cohen & Steers
15
Cohen & Steers
New York
$2.62M +$367K +9,605 +15%
TJHA
16
Thomas J. Herzfeld Advisors
Florida
$2.6M -$121K -3,173 -4%
Wells Fargo
17
Wells Fargo
California
$2.42M -$21.7K -567 -0.8%
MAA
18
Mraz Amerine & Associates
California
$2.33M -$186K -4,873 -7%
First Trust Advisors
19
First Trust Advisors
Illinois
$2.17M -$27.8K -729 -1%
AC
20
Almitas Capital
California
$1.77M +$1.07M +28,082 +128%
CC
21
Cannell & Co
New York
$1.65M
QC
22
Quantedge Capital
Singapore
$1.64M +$57.3K +1,500 +3%
PAS
23
Park Avenue Securities
New York
$1.25M +$49.6K +1,298 +4%
Envestnet Asset Management
24
Envestnet Asset Management
Illinois
$1.21M +$70K +1,834 +6%
CL
25
CSS LLC
Illinois
$1.19M

GAM Hedge Fund Activity: Q2 2022 in Review

66 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in General American Investors Company (GAM) for Q2 2022, worth a combined $236M — down 21% from $301M a quarter earlier.

Sellers outnumbered buyers: 15 funds closed out of GAM and 3 opened new positions — a net loss of 12 holders — while 19 trimmed existing stakes and 21 added.

The largest buyer was Morgan Stanley, adding an estimated $19.6M. The largest seller was Sit Investment Associates, exiting entirely with an estimated $11.3M sold.

  • 66 institutional investors held General American Investors Company (GAM) as of Q2 2022, down from 79 in Q1 2022.
  • Funds reported $236M of General American Investors Company stock for Q2 2022, down 21% quarter-over-quarter.
  • 3 funds opened new General American Investors Company positions in Q2 2022 and 15 closed out, a net change of -12 holders.
  • The largest General American Investors Company buyer in Q2 2022 was Morgan Stanley, an estimated $19.6M added.
  • The largest General American Investors Company seller in Q2 2022 was Sit Investment Associates, an estimated $11.3M sold.

Based on aggregated 13F filings for Q2 2022.