GENERAL AMERICAN INVESTORS CO INC - Common Shares, $1.00 par value (GAM)

Q: What does CUSIP 368802104 represent in this 13F holders report?

CUSIP 368802104 is the security identifier for GAM - GENERAL AMERICAN INVESTORS CO INC - Common Shares, $1.00 par value used to aggregate holder disclosures.

Q: How many institutions held GAM - GENERAL AMERICAN INVESTORS CO INC - Common Shares, $1.00 par value in Q4 2025?

93 institutional investors reported GAM - GENERAL AMERICAN INVESTORS CO INC - Common Shares, $1.00 par value for Q4 2025. Use the holders table for investor-level position and value details.

CUSIP: 368802104

Q4 2025 13F Holders as of 31 Dec 2025

Security type / class: Equity / Common Shares, $1.00 par value
Total 13F shares: 7,543,413
Total 13F value: $443,034,481
Share change: +413,688
SEC-reported price per share: $58.73
Number of holders: 93
Value change: +$23,784,730
Number of buys: 54
Number of sells: 29
Shares outstanding: 23,992,740

Security key

368802104

Report period

Q4 2025

Institutions

Top holders

GAM full security history Ownership snapshot Full 13F holder table Newer quarter: Q1 2026 Previous quarter: Q3 2025 GENERAL AMERICAN INVESTORS CO INC SEC filings

Broader feeds

Latest 13F filings Latest 13D/G filings Investors directory

Reporting periods

Holder history for CUSIP 368802104

Newer quarter: Q1 2026 Previous quarter: Q3 2025

Recent filing periods:

Q2 2026 Q1 2026 Q4 2025 Q3 2025

Ownership snapshot

Top reported holders of GAM - GENERAL AMERICAN INVESTORS CO INC - Common Shares, $1.00 par value (13F + 13D/G + 3/4/5)

Grouped by holder across the latest SEC ownership disclosures. Start with comparable ownership when available, then verify the linked 13F, 13D/G, or 3/4/5 evidence.

Comparable stake leader

Spencer Davidson

Disclosed value leader

Saba Capital Management, ...

Comparable rows

15/15

Latest evidence

31 Dec 2025

13D/G 3/4/5 13F Lead comparable stake: 6% 13D/G row: Spencer Davidson Showing 1-6 of 15 holder rows.

Quick read

Spencer Davidson leads the comparable SEC ownership view at 6%.

15 of 15 rows have a safely comparable ownership percentage. Use this as a filing-backed starting point, then open the detailed table for source links, reporting role, position value, share count, and filing date.

Open SEC evidence Opens Spencer Davidson's linked filing trail.

Comparable ownership Top 5

Spencer Davidson 6%

LAZARD ASSET MANAGEMENT LLC 5.6%

TRUST FBO ALTSCHUL ARTHUR G UW AL... 0.04%

Saba Capital Management, L.P. 8.5%

BLUE BELL PRIVATE WEALTH MANAGEME... 3.1%

Ownership % is shown only when SEC disclosures are safely comparable across share classes.

Detailed SEC evidence table Showing 1-6 of 15 holder rows

Holder	Evidence	Ownership %	Position	12M Net Δ	As of
Spencer Davidson	13D/G 3/4/5 DAVIDSON SPENCER · Chairman 13D/G 3/4/5	6%	$84,554,691 1,439,001 shares	$0	31 Dec 2025
LAZARD ASSET MANAGEMENT LLC	13F 13D/G Company 13F 13D/G	5.6% from 13D/G	$82,059,718 1,319,076 shares	—	30 Sep 2025
TRUST FBO ALTSCHUL ARTHUR G UW ALTSCHUL HELEN G	3/4/5 Director is a Trustee 3/4/5	0.04%	$482,112 9,819 shares	—	08 May 2025
Saba Capital Management, L.P.	13F Company 13F	8.5%	$127,005,510 2,041,561 shares	—	30 Sep 2025
BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC	13F Company 13F	3.1%	$45,750,650 735,423 shares	—	30 Sep 2025
Allspring Global Investments Holdings, LLC	13F Company 13F	1.7%	$24,747,885 397,812 shares	—	30 Sep 2025

How to read this table

Rows are grouped by holder and ranked first by SEC-reported ownership % when it is safely comparable, then by disclosed holdings value. — indicates unavailable or non-comparable values; "mixed-class rows" means the latest filing spans non-comparable classes.

13F holder rows

Institutional holders as of Q4 2025

Investor-level positions for this CUSIP, loaded as an interactive table.

Institutions

7,543,413

Rows available

Investor	Option	Weight %	Change %	SEC-reported value	* Price	Shares	Share Change	Activity	Report Period

^* SEC-reported price is the security price as of the portfolio date and can indicate the last known price at which the security was still held. The marker flags a reported price that did not pass the local price check.

Compare Q4 2025 vs Q3 2025 Across Filers

Q3 2025 holders

Q4 2025 holders

Holder diff

-1

Investor	Q3 2025 Shares	Q4 2025 Shares	Share Diff	Share Chg %	Q3 2025 value	Q4 2025 value	Value change	Value Chg %

Trend: ostatnie 8 kwartałów (+ wybrane okresy porównania).

Quarterly Holders Trend

Quarterly Value Trend

Quarterly Shares Trend