GAN Ltd
GAN was delisted on the 23rd of May, 2025.
81 hedge funds and large institutions have $27.2M invested in GAN Ltd in 2022 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 14 increasing their positions, 37 reducing their positions, and 22 closing their positions.
101% more call options, than puts
Call options by funds: $893K | Put options by funds: $445K
3.37% less ownership
Funds ownership: 32.52% → 29.15% (-3.4%)
12% less funds holding
Funds holding: 92 → 81 (-11)
33% less capital invested
Capital invested by funds: $40.7M → $27.2M (-$13.5M)
50% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 22
62% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 37
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Antara Capital
New York
|
+$7.43M |
| 2 |
GCP
GSA Capital Partners
London,
United Kingdom
|
+$433K |
| 3 |
Legal & General Group
London,
United Kingdom
|
+$181K |
| 4 |
Renaissance Technologies
New York
|
+$127K |
| 5 |
HSA
HBK Sorce Advisory
Erie,
Pennsylvania
|
+$106K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$4.02M |
| 2 |
State Street
Boston,
Massachusetts
|
-$1.29M |
| 3 |
Millennium Management
New York
|
-$805K |
| 4 |
ETC
Exchange Traded Concepts
Oklahoma City,
Oklahoma
|
-$738K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$727K |
GAN Hedge Fund Activity: Q3 2022 in Review
81 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in GAN Ltd (GAN) for Q3 2022, worth a combined $27.2M — down 33% from $40.7M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of GAN and 11 opened new positions — a net loss of 11 holders — while 37 trimmed existing stakes and 14 added.
The largest buyer was Antara Capital, opening a new position worth an estimated $7.43M. The largest seller was Wellington Management Group, exiting entirely with an estimated $4.02M sold.
- 81 institutional investors held GAN Ltd (GAN) as of Q3 2022, down from 92 in Q2 2022.
- Funds reported $27.2M of GAN Ltd stock for Q3 2022, down 33% quarter-over-quarter.
- 11 funds opened new GAN Ltd positions in Q3 2022 and 22 closed out, a net change of -11 holders.
- The largest GAN Ltd buyer in Q3 2022 was Antara Capital, an estimated $7.43M added.
- The largest GAN Ltd seller in Q3 2022 was Wellington Management Group, an estimated $4.02M sold.
Based on aggregated 13F filings for Q3 2022.