GAN Ltd
GAN was delisted on the 23rd of May, 2025.
72 hedge funds and large institutions have $16.3M invested in GAN Ltd in 2022 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 13 increasing their positions, 31 reducing their positions, and 18 closing their positions.
40% more call options, than puts
Call options by funds: $303K | Put options by funds: $216K
3.51% less ownership
Funds ownership: 29.15% → 25.64% (-3.5%)
11% less funds holding
Funds holding: 81 → 72 (-9)
40% less capital invested
Capital invested by funds: $27.2M → $16.3M (-$10.8M)
50% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 18
58% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 31
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RGI
River Global Investors
London,
United Kingdom
|
+$644K |
| 2 |
AC
Antara Capital
New York
|
+$488K |
| 3 |
GCP
GSA Capital Partners
London,
United Kingdom
|
+$142K |
| 4 |
Skandinaviska Enskilda Banken (SEB)
Stockholm,
Sweden
|
+$113K |
| 5 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$78.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIC
AWM Investment Company
New York
|
-$1.29M |
| 2 |
Legal & General Group
London,
United Kingdom
|
-$1.01M |
| 3 |
Primecap Management
Pasadena,
California
|
-$538K |
| 4 |
E
Ergoteles
New York
|
-$249K |
| 5 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
-$238K |
GAN Hedge Fund Activity: Q4 2022 in Review
72 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in GAN Ltd (GAN) for Q4 2022, worth a combined $16.3M — down 40% from $27.2M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of GAN and 9 opened new positions — a net loss of 9 holders — while 31 trimmed existing stakes and 13 added.
The largest buyer was River Global Investors, adding an estimated $644K. The largest seller was AWM Investment Company, exiting entirely with an estimated $1.29M sold.
- 72 institutional investors held GAN Ltd (GAN) as of Q4 2022, down from 81 in Q3 2022.
- Funds reported $16.3M of GAN Ltd stock for Q4 2022, down 40% quarter-over-quarter.
- 9 funds opened new GAN Ltd positions in Q4 2022 and 18 closed out, a net change of -9 holders.
- The largest GAN Ltd buyer in Q4 2022 was River Global Investors, an estimated $644K added.
- The largest GAN Ltd seller in Q4 2022 was AWM Investment Company, an estimated $1.29M sold.
Based on aggregated 13F filings for Q4 2022.