GAN Ltd
GAN was delisted on the 23rd of May, 2025.
136 hedge funds and large institutions have $327M invested in GAN Ltd in 2021 Q1 according to their latest regulatory filings, with 45 funds opening new positions, 43 increasing their positions, 37 reducing their positions, and 39 closing their positions.
32% more call options, than puts
Call options by funds: $19M | Put options by funds: $14.4M
16% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 37
15% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 39
5% more funds holding
Funds holding: 130 → 136 (+6)
0.17% more ownership
Funds ownership: 48.8% → 48.97% (+0.17%)
7% less capital invested
Capital invested by funds: $352M → $327M (-$24.8M)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$41.6M |
| 2 |
ZP
Zimmer Partners
New York
|
+$27.9M |
| 3 |
BlackRock
New York
|
+$10.4M |
| 4 |
Morgan Stanley
New York
|
+$8.1M |
| 5 |
IPW
Inlet Private Wealth
Jupiter,
Florida
|
+$6.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HRCM
Hood River Capital Management
Palm Beach Gardens,
Florida
|
-$17.1M |
| 2 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$12.2M |
| 3 |
CPA
Cowen Prime Advisors
New York
|
-$12.1M |
| 4 |
WCM Investment Management
Laguna Beach,
California
|
-$10.8M |
| 5 |
SC
Samjo Capital
New York
|
-$9M |
GAN Hedge Fund Activity: Q1 2021 in Review
136 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in GAN Ltd (GAN) for Q1 2021, worth a combined $327M — down 7.1% from $352M a quarter earlier.
Buyers outnumbered sellers: 45 funds opened new GAN positions and 39 closed out — a net gain of 6 holders — while 43 added to existing stakes and 37 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $41.6M. The largest seller was Hood River Capital Management, exiting entirely with an estimated $17.1M sold.
- 136 institutional investors held GAN Ltd (GAN) as of Q1 2021, up from 130 in Q4 2020.
- Funds reported $327M of GAN Ltd stock for Q1 2021, down 7.1% quarter-over-quarter.
- 45 funds opened new GAN Ltd positions in Q1 2021 and 39 closed out, a net change of +6 holders.
- The largest GAN Ltd buyer in Q1 2021 was Wellington Management Group, an estimated $41.6M added.
- The largest GAN Ltd seller in Q1 2021 was Hood River Capital Management, an estimated $17.1M sold.
Based on aggregated 13F filings for Q1 2021.