General American Investors Company
81 hedge funds and large institutions have $300M invested in General American Investors Company in 2023 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 24 increasing their positions, 26 reducing their positions, and 3 closing their positions.
233% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 3
7% more funds holding
Funds holding: 76 → 81 (+5)
1% less capital invested
Capital invested by funds: $305M → $300M (-$4.27M)
8% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 26
1.2% less ownership
Funds ownership: 30.94% → 29.74% (-1.2%)
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$5.21M |
| 2 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$1.17M |
| 3 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
+$1.04M |
| 4 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$978K |
| 5 |
EIP
Epoch Investment Partners
New York
|
+$948K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AW
Atlas Wealth
Cincinnati,
Ohio
|
-$15.2M |
| 2 |
Morgan Stanley
New York
|
-$9.62M |
| 3 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$3.25M |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$2.76M |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.61M |
GAM Hedge Fund Activity: Q4 2023 in Review
81 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in General American Investors Company (GAM) for Q4 2023, worth a combined $300M — down 1.4% from $305M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new GAM positions and 3 closed out — a net gain of 7 holders — while 24 added to existing stakes and 26 trimmed.
The largest buyer was Allspring Global Investments, adding an estimated $5.21M. The largest seller was Atlas Wealth, exiting entirely with an estimated $15.2M sold.
- 81 institutional investors held General American Investors Company (GAM) as of Q4 2023, up from 76 in Q3 2023.
- Funds reported $300M of General American Investors Company stock for Q4 2023, down 1.4% quarter-over-quarter.
- 10 funds opened new General American Investors Company positions in Q4 2023 and 3 closed out, a net change of +7 holders.
- The largest General American Investors Company buyer in Q4 2023 was Allspring Global Investments, an estimated $5.21M added.
- The largest General American Investors Company seller in Q4 2023 was Atlas Wealth, an estimated $15.2M sold.
Based on aggregated 13F filings for Q4 2023.