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GAN

GAN Ltd

Delisted

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

60 hedge funds and large institutions have $9.92M invested in GAN Ltd in 2023 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 13 increasing their positions, 18 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

6% less call options, than puts

Call options by funds: $235K | Put options by funds: $251K

5% less funds holding

Funds holding: 6360 (-3)

6.55% less ownership

Funds ownership: 20.07%13.52% (-6.6%)

10% less capital invested

Capital invested by funds: $11M → $9.92M (-$1.1M)

23% less first-time investments, than exits

New positions opened: 10 | Existing positions closed: 13

28% less repeat investments, than reductions

Existing positions increased: 13 | Existing positions reduced: 18

Holders
60
Holders Change
-3
Holders Change %
-4.76%
% of All Funds
0.94%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
10
Increased
13
Reduced
18
Closed
13
Calls
$235K
Puts
$251K
Net Calls
-$16K
Net Calls Change
-$47K
Name Holding Trade Value Shares
Change
Change in
Stake
Charles Schwab
26
Charles Schwab
California
$51.6K
CCM
27
Corsair Capital Management
New York
$49.2K +$42.7K +30,000 New
State of Wisconsin Investment Board
28
State of Wisconsin Investment Board
Wisconsin
$47.6K -$52K -36,500 -56%
Commonwealth Equity Services
29
Commonwealth Equity Services
Massachusetts
$47K +$20.2K +14,158 +98%
TA
30
Teton Advisors
New York
$45.9K
Simplex Trading
31
Simplex Trading
Illinois
$45K +$34.5K +24,234 +643%
LPL Financial
32
LPL Financial
California
$40.7K -$4.71K -3,307 -12%
Group One Trading
33
Group One Trading
Illinois
$40.4K +$6.84K +4,800 +24%
XT
34
XTX Topco
Cayman Islands
$37.8K +$32.9K +23,067 New
D.E. Shaw & Co
35
D.E. Shaw & Co
New York
$36.3K +$31.5K +22,116 New
DAM
36
Deltec Asset Management
New York
$29.5K
GF
37
Gabelli Funds
New York
$29.5K -$10.7K -7,500 -29%
Wolverine Trading
38
Wolverine Trading
Illinois
$29.5K +$28.5K +20,037 New
Citadel Advisors
39
Citadel Advisors
Florida
$29K +$21.1K +14,843 +519%
Bank of New York Mellon
40
Bank of New York Mellon
New York
$26.5K
EWS
41
Evergreen Wealth Solutions
Pennsylvania
$25.5K +$22.1K +15,533 New
IAA
42
Independent Advisor Alliance
North Carolina
$25.3K -$853 -599 -4%
Toronto Dominion Bank
43
Toronto Dominion Bank
Ontario, Canada
$25K
Osaic Holdings
44
Osaic Holdings
Arizona
$21K -$1.27K -894 -7%
Fidelity Investments
45
Fidelity Investments
Massachusetts
$18.8K +$5.26K +3,696 +47%
ISL
46
Ingalls & Snyder LLC
New York
$18K
Royal Bank of Canada
47
Royal Bank of Canada
Ontario, Canada
$8K +$1.91K +1,341 +38%
JP Morgan Chase
48
JP Morgan Chase
New York
$5.33K -$2.69K -1,889 -37%
CG
49
Cutler Group
California
$4K
UBS Group
50
UBS Group
Switzerland
$3.44K -$3.36K -2,362 -53%

GAN Hedge Fund Activity: Q2 2023 in Review

60 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in GAN Ltd (GAN) for Q2 2023, worth a combined $9.92M — down 10% from $11M a quarter earlier.

Sellers outnumbered buyers: 13 funds closed out of GAN and 10 opened new positions — a net loss of 3 holders — while 18 trimmed existing stakes and 13 added.

The largest buyer was Bridgeway Capital Management, adding an estimated $293K. The largest seller was Antara Capital, exiting entirely with an estimated $1.83M sold.

  • 60 institutional investors held GAN Ltd (GAN) as of Q2 2023, down from 63 in Q1 2023.
  • Funds reported $9.92M of GAN Ltd stock for Q2 2023, down 10% quarter-over-quarter.
  • 10 funds opened new GAN Ltd positions in Q2 2023 and 13 closed out, a net change of -3 holders.
  • The largest GAN Ltd buyer in Q2 2023 was Bridgeway Capital Management, an estimated $293K added.
  • The largest GAN Ltd seller in Q2 2023 was Antara Capital, an estimated $1.83M sold.

Based on aggregated 13F filings for Q2 2023.