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GAM

General American Investors Company

93 hedge funds and large institutions have $441M invested in General American Investors Company in 2025 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 14 increasing their positions, 24 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

267% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 3

12% more capital invested

Capital invested by funds: $394M → $441M (+$46.5M)

8% more funds holding

Funds holding: 8693 (+7)

0.11% more ownership

Funds ownership: 29.34%29.45% (+0.11%)

25% less funds holding in top 10

Funds holding in top 10: 43 (-1)

42% less repeat investments, than reductions

Existing positions increased: 14 | Existing positions reduced: 24

Holders
93
Holders Change
+7
Holders Change %
+8.14%
% of All Funds
1.22%
Holding in Top 10
3
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-25%
% of All Funds
0.04%
New
11
Increased
14
Reduced
24
Closed
3
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SCM
1
Saba Capital Management
New York
$127M +$14.1M +238,916 +13%
Lazard Asset Management
2
Lazard Asset Management
New York
$82.1M -$873K -14,818 -1%
BBPWM
3
Blue Bell Private Wealth Management
Pennsylvania
$45.8M +$91.9K +1,560 +0.2%
Allspring Global Investments
4
Allspring Global Investments
North Carolina
$24.7M +$1.78M +30,217 +8%
BI
5
Bulldog Investors
New Jersey
$20.4M -$854K -14,500 -4%
1CP
6
1607 Capital Partners
Virginia
$17.8M -$1.13M -19,235 -6%
SIA
7
Sit Investment Associates
Minnesota
$17.3M +$1.75M +29,678 +12%
Cohen & Steers
8
Cohen & Steers
New York
$16.8M +$247K +4,200 +2%
Royal Bank of Canada
9
Royal Bank of Canada
Ontario, Canada
$12.3M -$80.5K -1,367 -0.7%
Pathstone Holdings
10
Pathstone Holdings
New Jersey
$11.5M -$1.09M -18,563 -9%
LCS
11
Levin Capital Strategies
New York
$6.68M
AAM
12
Advisors Asset Management
Colorado
$6.06M +$986K +16,734 +21%
Morgan Stanley
13
Morgan Stanley
New York
$5.73M +$571K +9,696 +12%
EIP
14
Epoch Investment Partners
New York
$3.03M -$30.4K -516 -1%
CA
15
Cornerstone Advisors
North Carolina
$2.92M -$2.9M -49,181 -51%
Bank of America
16
Bank of America
North Carolina
$2.33M -$247K -4,199 -10%
First Trust Advisors
17
First Trust Advisors
Illinois
$2.3M +$44.5K +756 +2%
Capstone Investment Advisors
18
Capstone Investment Advisors
New York
$2.23M
Stifel Financial
19
Stifel Financial
Missouri
$2.18M +$76.6K +1,300 +4%
CL
20
CSS LLC
Illinois
$2.15M -$177K -3,003 -8%
NRS
21
Neville Rodie & Shaw
New York
$1.66M
Raymond James Financial
22
Raymond James Financial
Florida
$1.57M -$23.5K -399 -2%
GC
23
Guggenheim Capital
Illinois
$1.56M -$63.9K -1,084 -4%
LPL Financial
24
LPL Financial
California
$1.55M +$302K +5,119 +26%
HighTower Advisors
25
HighTower Advisors
Illinois
$1.49M +$209K +3,549 +17%

GAM Hedge Fund Activity: Q3 2025 in Review

93 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in General American Investors Company (GAM) for Q3 2025, worth a combined $441M — up 12% from $394M a quarter earlier.

Buyers outnumbered sellers: 11 funds opened new GAM positions and 3 closed out — a net gain of 8 holders — while 14 added to existing stakes and 24 trimmed.

The largest buyer was Saba Capital Management, adding an estimated $14.1M. The largest seller was Shaker Financial Services, exiting entirely with an estimated $6.15M sold.

  • 93 institutional investors held General American Investors Company (GAM) as of Q3 2025, up from 86 in Q2 2025.
  • Funds reported $441M of General American Investors Company stock for Q3 2025, up 12% quarter-over-quarter.
  • 11 funds opened new General American Investors Company positions in Q3 2025 and 3 closed out, a net change of +8 holders.
  • The largest General American Investors Company buyer in Q3 2025 was Saba Capital Management, an estimated $14.1M added.
  • The largest General American Investors Company seller in Q3 2025 was Shaker Financial Services, an estimated $6.15M sold.

Based on aggregated 13F filings for Q3 2025.