GAN Ltd
GAN was delisted on the 23rd of May, 2025.
116 hedge funds and large institutions have $91.2M invested in GAN Ltd in 2022 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 41 increasing their positions, 35 reducing their positions, and 29 closing their positions.
17% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 35
4.8% less ownership
Funds ownership: 49.68% → 44.87% (-4.8%)
8% less funds holding
Funds holding: 126 → 116 (-10)
11% less call options, than puts
Call options by funds: $2.2M | Put options by funds: $2.47M
31% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 29
53% less capital invested
Capital invested by funds: $193M → $91.2M (-$101M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$3.34M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$2.08M |
| 3 |
AIC
AWM Investment Company
New York
|
+$1.65M |
| 4 |
Goldman Sachs
New York
|
+$654K |
| 5 |
State of Wisconsin Investment Board
Madison,
Wisconsin
|
+$610K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ZP
Zimmer Partners
New York
|
-$7.72M |
| 2 |
CLG
Cooperman Leon G
|
-$4.2M |
| 3 |
Millennium Management
New York
|
-$4.13M |
| 4 |
KC
Kryger Capital
London,
United Kingdom
|
-$1.91M |
| 5 |
RR
Robotti Robert
|
-$1.76M |
GAN Hedge Fund Activity: Q1 2022 in Review
116 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in GAN Ltd (GAN) for Q1 2022, worth a combined $91.2M — down 53% from $193M a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of GAN and 20 opened new positions — a net loss of 9 holders — while 35 trimmed existing stakes and 41 added.
The largest buyer was Renaissance Technologies, adding an estimated $3.34M. The largest seller was Zimmer Partners, cutting an estimated $7.72M.
- 116 institutional investors held GAN Ltd (GAN) as of Q1 2022, down from 126 in Q4 2021.
- Funds reported $91.2M of GAN Ltd stock for Q1 2022, down 53% quarter-over-quarter.
- 20 funds opened new GAN Ltd positions in Q1 2022 and 29 closed out, a net change of -9 holders.
- The largest GAN Ltd buyer in Q1 2022 was Renaissance Technologies, an estimated $3.34M added.
- The largest GAN Ltd seller in Q1 2022 was Zimmer Partners, an estimated $7.72M sold.
Based on aggregated 13F filings for Q1 2022.