GENERAL AMERICAN INVESTORS CO INC - Common Stock, par value $1.00 per share (GAM) Institutional Ownership

13F Institutional Holders and Ownership History from Q1 2014 to Q4 2025

Type / Class
Equity / Common Stock, par value $1.00 per share
Symbol
GAM on NYSE
Shares outstanding
23,983,350
Price per share
$60.89
All holders as of 31 Dec 2025
Q4 2025
Total 13F shares
7,532,589
Total reported value
$442,398,380
% of total 13F portfolios
0%
Share change
+410,000
Value change
+$23,567,730
Number of holders
91
Price from insider filings
$60.89
Reported Shares, Excluding Options vs Price
Reported Value, Excluding Options
Total Investors

Significant Owners of GENERAL AMERICAN INVESTORS CO INC - Common Stock, par value $1.00 per share (GAM) based on Schedule 13D/G filings

Filer Ownership Change % Holdings Value Net Change Nb Shares Change % Reporting Name Report Period
Saba Capital Management, L.P. 8.3% +14% $110,287,362 +$12,467,522 1,939,630 +13% Saba Capital Management, L.P. 12 Aug 2025
DAVIDSON SPENCER 6% $84,554,691 1,439,001 DAVIDSON SPENCER 31 Dec 2025
LAZARD ASSET MANAGEMENT LLC 5.6% 0% $66,734,717 1,333,894 0% Lazard Asset Management LLC 31 Mar 2025

As of 31 Dec 2025, 91 institutional investors reported holding 7,532,589 shares of GENERAL AMERICAN INVESTORS CO INC - Common Stock, par value $1.00 per share (GAM). This represents 31% of the company’s total 23,983,350 outstanding shares.

Top 25 Institutional Shareholders

The largest institutional shareholders of GENERAL AMERICAN INVESTORS CO INC - Common Stock, par value $1.00 per share (GAM) together control 30% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.

Institution Ownership % Shares Held Share Change % Portfolio % Holdings Value
Saba Capital Management, L.P. 8.7% 2,085,885 +2.2% 4.1% $122,504,026
LAZARD ASSET MANAGEMENT LLC 5.8% 1,397,623 +6% 0.14% $82,082,399
BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC 3.4% 810,682 +10% 7% $47,611,349
Allspring Global Investments Holdings, LLC 1.6% 393,623 -1.1% 0.04% $23,117,479
Bulldog Investors, LLP 1.2% 296,960 -9.4% 3.9% $17,440,461
NEVILLE RODIE & SHAW INC 1.2% 294,147 +999% 1.2% $17,275,000
1607 Capital Partners, LLC 1.2% 277,489 -3% 1.1% $16,296,929
COHEN & STEERS, INC. 1.1% 269,999 0% 0.03% $15,857,000
SIT INVESTMENT ASSOCIATES INC 0.97% 232,651 -16% 0.27% $13,664,000
ROYAL BANK OF CANADA 0.85% 204,284 +3.7% 0% $11,998,000
Pathstone Holdings, LLC 0.73% 174,085 -5.4% 0.04% $10,224,027
Advisors Asset Management, Inc. 0.5% 119,078 +22% 0.12% $6,993,451
LEVIN CAPITAL STRATEGIES, L.P. 0.45% 107,324 0% 0.55% $6,303,139
MORGAN STANLEY 0.41% 97,734 +6.1% 0% $5,740,008
EVOLVE PRIVATE WEALTH, LLC 0.17% 40,404 0% 0.14% $2,372,927
FIRST TRUST ADVISORS LP 0.16% 38,958 +5.4% 0% $2,288,003
CAPSTONE INVESTMENT ADVISORS, LLC 0.15% 35,841 0% 0.02% $2,104,942
STIFEL FINANCIAL CORP 0.15% 34,861 -0.56% 0% $2,047,387
WELLS FARGO & COMPANY/MN 0.14% 33,321 +28875% 0% $1,956,980
CSS LLC/IL 0.14% 33,268 -3.8% 0.11% $1,953,830
BANK OF AMERICA CORP /DE/ 0.13% 31,459 -16% 0% $1,847,587
Shaker Financial Services, LLC 0.12% 29,187 0.54% $1,714,153
RAYMOND JAMES FINANCIAL INC 0.11% 26,635 +5.2% 0% $1,564,273
HighTower Advisors, LLC 0.1% 25,166 +4.8% 0% $1,478,016
GUGGENHEIM CAPITAL LLC 0.1% 23,792 -5% 0.01% $1,397,304

Institutional Holders of GENERAL AMERICAN INVESTORS CO INC - Common Stock, par value $1.00 per share (GAM) across Reporting Periods

Period Reported Shares, Excl. Options Value, Excl. Options Value Change Price (Median) Investors
2025 Q4 7,532,589 $442,398,380 +$23,567,730 $58.73 91
2025 Q3 7,080,735 $440,495,438 +$3,905,009 $62.21 94
2025 Q2 7,031,191 $394,029,378 +$2,008,694 $56.04 86
2025 Q1 6,997,848 $352,805,924 +$6,018,995 $50.37 84
2024 Q4 6,925,211 $353,434,815 -$667,644 $51.01 90
2024 Q3 6,920,898 $370,819,622 -$15,087,349 $53.61 90
2024 Q2 7,245,710 $360,196,740 +$9,274,508 $49.72 85
2024 Q1 7,025,048 $326,738,910 +$1,623,991 $46.51 82
2023 Q4 6,995,116 $300,442,195 -$24,452,941 $42.95 81
2023 Q3 7,412,679 $304,708,540 +$1,286,720 $41.14 77
2023 Q2 7,379,747 $308,277,904 -$24,080 $41.72 74
2023 Q1 7,381,980 $287,238,339 +$5,003,474 $38.91 70
2022 Q4 7,266,897 $262,693,727 +$2,071,739 $36.15 73
2022 Q3 6,841,525 $231,585,000 +$5,491,067 $33.85 68
2022 Q2 6,677,115 $236,098,000 +$479,592 $35.36 65
2022 Q1 7,083,494 $300,750,637 +$5,227,250 $42.47 79
2021 Q4 6,941,512 $306,908,725 -$2,680,442 $44.20 79
2021 Q3 6,843,815 $295,045,227 -$9,772,532 $43.06 70
2021 Q2 7,073,274 $307,273,180 -$4,655,454 $43.42 70
2021 Q1 7,183,529 $286,279,481 +$5,713,658 $39.84 71
2020 Q4 7,034,814 $261,686,000 -$1,081,600 $37.19 71
2020 Q3 7,131,541 $241,256,000 +$5,112,715 $33.95 71
2020 Q2 7,090,599 $225,247,000 +$19,274,246 $31.82 74
2020 Q1 6,377,188 $174,944,122 +$1,552,564 $27.43 71
2019 Q4 6,127,571 $231,361,372 +$2,193,508 $37.74 81
2019 Q3 5,505,648 $200,118,754 -$19,185,842 $36.35 75
2019 Q2 5,739,211 $203,657,000 -$6,670,312 $35.49 74
2019 Q1 6,860,782 $228,535,000 -$2,502,396 $33.31 79
2018 Q4 7,026,119 $199,514,000 -$7,141,831 $28.44 78
2018 Q3 7,110,715 $262,939,000 -$3,161,596 $36.97 87
2018 Q2 7,204,100 $247,293,000 -$451,871 $34.32 82
2018 Q1 7,217,551 $241,592,000 -$1,954,861 $33.47 85
2017 Q4 7,253,707 $249,409,000 -$29,652,212 $34.40 92
2017 Q3 8,066,875 $290,381,000 -$1,557,635 $36.01 84
2017 Q2 8,111,665 $278,642,000 +$4,158,949 $34.35 87
2017 Q1 7,991,563 $267,880,000 +$13,421,832 $33.51 83
2016 Q4 7,676,092 $238,792,326 -$12,346,845 $31.18 83
2016 Q3 8,059,649 $262,636,145 -$22,357,809 $32.65 83
2016 Q2 8,676,241 $267,459,613 +$1,438,789 $30.82 80
2016 Q1 8,697,047 $271,462,000 +$12,049,954 $31.23 74
2015 Q4 8,214,070 $261,822,000 -$14,354,314 $31.94 74
2015 Q3 8,681,462 $268,613,447 -$30,068,465 $30.98 74
2015 Q2 9,458,048 $329,288,554 -$18,943,171 $34.81 69
2015 Q1 9,871,697 $345,306,591 -$6,652,745 $34.98 62
2014 Q4 10,061,920 $352,158,698 +$19,416,448 $35.00 64
2014 Q3 9,628,360 $356,786,447 +$12,080,251 $37.06 62
2014 Q2 9,314,538 $342,936,185 +$15,083,632 $36.82 65
2014 Q1 8,616,934 $303,530,420 -$24,314,295 $35.23 64