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GAN

GAN Ltd

Delisted

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

56 hedge funds and large institutions have $5.98M invested in GAN Ltd in 2023 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 11 increasing their positions, 19 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

11% more call options, than puts

Call options by funds: $199K | Put options by funds: $179K

2.01% less ownership

Funds ownership: 13.52%11.51% (-2%)

7% less funds holding

Funds holding: 6056 (-4)

40% less capital invested

Capital invested by funds: $9.92M → $5.98M (-$3.93M)

40% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 10

42% less repeat investments, than reductions

Existing positions increased: 11 | Existing positions reduced: 19

Holders
56
Holders Change
-4
Holders Change %
-6.67%
% of All Funds
0.89%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
6
Increased
11
Reduced
19
Closed
10
Calls
$199K
Puts
$179K
Net Calls
+$20K
Net Calls Change
+$36K
Name Holding Trade Value Shares
Change
Change in
Stake
Charles Schwab
26
Charles Schwab
California
$36.5K
Group One Trading
27
Group One Trading
Illinois
$35.8K +$9.75K +6,200 +25%
TA
28
Teton Advisors
New York
$32.5K
Commonwealth Equity Services
29
Commonwealth Equity Services
Massachusetts
$30K -$3.58K -2,275 -8%
LPL Financial
30
LPL Financial
California
$29.7K +$1.25K +793 +3%
Two Sigma Advisers
31
Two Sigma Advisers
New York
$25.1K -$245K -155,700 -88%
DAM
32
Deltec Asset Management
New York
$20.9K
GF
33
Gabelli Funds
New York
$19.5K -$1.89K -1,200 -7%
Bank of New York Mellon
34
Bank of New York Mellon
New York
$18.7K
EWS
35
Evergreen Wealth Solutions
Pennsylvania
$18K
IAA
36
Independent Advisor Alliance
North Carolina
$17.6K -$434 -276 -2%
Toronto Dominion Bank
37
Toronto Dominion Bank
Ontario, Canada
$17.4K
Osaic Holdings
38
Osaic Holdings
Arizona
$15.6K +$981 +624 +5%
Jane Street
39
Jane Street
New York
$14.5K +$19.6K +12,498 New
HF
40
HRT Financial
New York
$14K +$19.7K +12,560 New
Fidelity Investments
41
Fidelity Investments
Massachusetts
$13.3K -$2 -1 -0%
Cambridge Investment Research Advisors
42
Cambridge Investment Research Advisors
Iowa
$12K +$16.5K +10,513 New
CG
43
Cutler Group
California
$3K
TRCT
44
Tower Research Capital (TRC)
New York
$2.45K +$3.32K +2,114 New
FDCDDQ
45
Federation des caisses Desjardins du Quebec
Quebec, Canada
$2.07K
TSWM
46
Tyler-Stone Wealth Management
Ohio
$2K
UBS Group
47
UBS Group
Switzerland
$1.64K -$1.08K -687 -33%
Bank of America
48
Bank of America
North Carolina
$1.45K
Wells Fargo
49
Wells Fargo
California
$923 -$1.56K -990 -55%
JP Morgan Chase
50
JP Morgan Chase
New York
$580 -$4.32K -2,747 -85%

GAN Hedge Fund Activity: Q3 2023 in Review

56 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in GAN Ltd (GAN) for Q3 2023, worth a combined $5.98M — down 40% from $9.92M a quarter earlier.

Sellers outnumbered buyers: 10 funds closed out of GAN and 6 opened new positions — a net loss of 4 holders — while 19 trimmed existing stakes and 11 added.

The largest buyer was Renaissance Technologies, adding an estimated $122K. The largest seller was Exchange Traded Concepts, exiting entirely with an estimated $694K sold.

  • 56 institutional investors held GAN Ltd (GAN) as of Q3 2023, down from 60 in Q2 2023.
  • Funds reported $5.98M of GAN Ltd stock for Q3 2023, down 40% quarter-over-quarter.
  • 6 funds opened new GAN Ltd positions in Q3 2023 and 10 closed out, a net change of -4 holders.
  • The largest GAN Ltd buyer in Q3 2023 was Renaissance Technologies, an estimated $122K added.
  • The largest GAN Ltd seller in Q3 2023 was Exchange Traded Concepts, an estimated $694K sold.

Based on aggregated 13F filings for Q3 2023.