GAN Ltd
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.
6% less call options, than puts
Call options by funds: $235K | Put options by funds: $251K
5% less funds holding
Funds holding: 63 → 60 (-3)
6.55% less ownership
Funds ownership: 20.07% → 13.52% (-6.6%)
10% less capital invested
Capital invested by funds: $11M → $9.92M (-$1.12M)
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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$293K |
| 2 |
AWP
Accretive Wealth Partners
Parsippany,
New Jersey
|
+$70.6K |
| 3 |
ETC
Exchange Traded Concepts
Oklahoma City,
Oklahoma
|
+$70.3K |
| 4 |
Cerity Partners
New York
|
+$67.7K |
| 5 |
Luther King Capital Management (LKCM)
Fort Worth,
Texas
|
+$55.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Antara Capital
New York
|
-$1.83M |
| 2 |
Primecap Management
Pasadena,
California
|
-$791K |
| 3 |
Millennium Management
New York
|
-$528K |
| 4 |
Two Sigma Investments
New York
|
-$248K |
| 5 |
Two Sigma Advisers
New York
|
-$224K |
GAN Hedge Fund Activity: Q2 2023 in Review
60 of the 6,383 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.