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GAN

GAN Ltd

Delisted

GAN was delisted on the 23rd of May, 2025.

130 hedge funds and large institutions have $329M invested in GAN Ltd in 2021 Q2 according to their latest regulatory filings, with 31 funds opening new positions, 55 increasing their positions, 22 reducing their positions, and 35 closing their positions.

New
Increased
Maintained
Reduced
Closed

150% more repeat investments, than reductions

Existing positions increased: 55 | Existing positions reduced: 22

11% more call options, than puts

Call options by funds: $13.6M | Put options by funds: $12.3M

1% more capital invested

Capital invested by funds: $326M → $329M (+$2.1M)

1.38% less ownership

Funds ownership: 48.96%47.59% (-1.4%)

4% less funds holding

Funds holding: 135130 (-5)

11% less first-time investments, than exits

New positions opened: 31 | Existing positions closed: 35

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
130
Holders Change
-5
Holders Change %
-3.7%
% of All Funds
2.26%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
31
Increased
55
Reduced
22
Closed
35
Calls
$13.6M
Puts
$12.3M
Net Calls
+$1.36M
Net Calls Change
-$483K
Name Holding Trade Value Shares
Change
Change in
Stake
BAM
26
Bullseye Asset Management
Colorado
$2.63M
Charles Schwab
27
Charles Schwab
California
$2.48M +$1.45M +82,408 +121%
Renaissance Technologies
28
Renaissance Technologies
New York
$2.29M +$2.46M +139,600 New
GF
29
Gabelli Funds
New York
$2.18M +$374K +21,200 +19%
Bank of New York Mellon
30
Bank of New York Mellon
New York
$1.86M +$737K +41,802 +59%
PCM
31
Penn Capital Management
Pennsylvania
$1.58M -$68K -3,859 -4%
Goldman Sachs
32
Goldman Sachs
New York
$1.49M +$1.1M +62,603 +222%
PPA
33
Parametric Portfolio Associates
Washington
$1.49M +$953K +54,060 +149%
TA
34
Teton Advisors
New York
$1.48M +$388K +22,000 +32%
CPA
35
Cowen Prime Advisors
New York
$1.35M -$1.21M -68,550 -45%
DAM
36
Deltec Asset Management
New York
$1.29M +$670K +38,000 +94%
TRSOTSOK
37
Teachers Retirement System of the State of Kentucky
Kentucky
$1.12M +$129K +7,341 +12%
Swiss National Bank
38
Swiss National Bank
Switzerland
$1.09M +$1.17M +66,300 New
Jane Street
39
Jane Street
New York
$1.04M -$349K -19,813 -24%
AllianceBernstein
40
AllianceBernstein
Tennessee
$1.03M +$562K +31,901 +103%
Baird Financial Group
41
Baird Financial Group
Wisconsin
$1.01M +$1.08M +61,413 New
JP Morgan Chase
42
JP Morgan Chase
New York
$915K +$87.5K +4,963 +10%
California State Teachers Retirement System (CalSTRS)
43
California State Teachers Retirement System (CalSTRS)
California
$909K +$124K +7,020 +15%
ECM
44
EMC Capital Management
Texas
$835K +$59.8K +3,394 +7%
Nomura Holdings
45
Nomura Holdings
Japan
$822K
BBCM
46
Boardman Bay Capital Management
New York
$822K +$441K +25,000 +100%
PI
47
PEAK6 Investments
Illinois
$820K +$879K +49,879 New
JG
48
Jefferies Group
New York
$817K -$1.68K -95 -0.2%
Two Sigma Investments
49
Two Sigma Investments
New York
$815K +$340K +19,300 +64%
Bank of America
50
Bank of America
North Carolina
$778K -$1.54M -87,379 -65%

GAN Hedge Fund Activity: Q2 2021 in Review

130 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in GAN Ltd (GAN) for Q2 2021, worth a combined $329M — up 0.64% from $326M a quarter earlier.

Sellers outnumbered buyers: 35 funds closed out of GAN and 31 opened new positions — a net loss of 4 holders — while 22 trimmed existing stakes and 55 added.

The largest buyer was Primecap Management, adding an estimated $29.7M. The largest seller was Wasatch Advisors, exiting entirely with an estimated $17.1M sold.

  • 130 institutional investors held GAN Ltd (GAN) as of Q2 2021, down from 135 in Q1 2021.
  • Funds reported $329M of GAN Ltd stock for Q2 2021, up 0.64% quarter-over-quarter.
  • 31 funds opened new GAN Ltd positions in Q2 2021 and 35 closed out, a net change of -4 holders.
  • The largest GAN Ltd buyer in Q2 2021 was Primecap Management, an estimated $29.7M added.
  • The largest GAN Ltd seller in Q2 2021 was Wasatch Advisors, an estimated $17.1M sold.

Based on aggregated 13F filings for Q2 2021.