GENERAL AMERICAN INVESTORS CO INC (GAM) — Institutional Holders, Q2 2026
106 institutional investment managers reported a GAM position on SEC Form 13F-HR for the quarter ended June 30, 2026, with a combined reported value of $492.7M. Every filer is listed below, ranked by position value, 100 per page; this page shows ranks 1 to 100. Put and call option positions are excluded, and a firm filing several lots or share classes is shown once with its total.
GAM in Q2 2026: what funds did
Funds that filed a 13F for both Q1 2026 and Q2 2026, by what they did with the common stock. Share counts are adjusted for any split between the two quarters; dollar figures are the change in shares at this quarter’s price.
Biggest buyers
- Atlas WealthNew · +170,497 sh+$10.9M
- Shaker Financial ServicesAdded · +74,613 sh+$4.8M
- Allspring Global InvestmentsAdded · +26,753 sh+$1.7M
- RAYMOND JAMES FINANCIALAdded · +23,158 sh+$1.5M
- WOLVERINE ASSET MANAGEMENTAdded · +21,416 sh+$1.4M
Biggest sellers
- 1607 Capital PartnersTrimmed · -166,737 sh-$10.6M
- Saba Capital Management, L.P.Trimmed · -88,123 sh-$5.6M
- StolperTrimmed · -35,854 sh-$2.3M
- WELLS FARGO & COMPANYTrimmed · -29,587 sh-$1.9M
- PathstoneTrimmed · -13,145 sh-$838.0K
GAM 13F holders ranked 1–100 of 106
| # | Institution | Shares | Value | % of portfolio | QoQShares vs Q1 2026 |
|---|---|---|---|---|---|
| 1 | Saba Capital Management, L.P.#1 · 1,751,470 sh | 1,751,470 | $111.7M | 2.86% | -4.8% |
| 2 | LAZARD ASSET MANAGEMENT#2 · 1,583,896 sh | 1,583,896 | $101.0M | 0.15% | +0.2% |
| 3 | BLUE BELL PRIVATE WEALTH MANAGEMENT#3 · 825,486 sh | 825,486 | $52.6M | 6.56% | +1.0% |
| 4 | Allspring Global Investments#4 · 457,688 sh | 457,688 | $29.2M | 0.04% | +6.2% |
| 5 | Bulldog Investors, LLP#5 · 296,450 sh | 296,450 | $18.9M | 4.16% | 0.0% |
| 6 | NEVILLE RODIE & SHAW#6 · 293,958 sh | 293,958 | $18.7M | — | 0.0% |
| 7 | COHEN & STEERS#7 · 259,999 sh | 259,999 | $16.6M | 0.03% | 0.0% |
| 8 | SIT INVESTMENT ASSOCIATES#8 · 239,704 sh | 239,704 | $15.3M | 0.29% | -3.6% |
| 9 | ROYAL BANK OF CANADA#9 · 194,758 sh | 194,758 | $12.4M | <0.01% | -0.8% |
| 10 | Atlas Wealth#10 · 170,497 sh | 170,497 | $10.9M | 1.55% | New |
| 11 | Pathstone#11 · 148,519 sh | 148,519 | $9.5M | 0.03% | -8.1% |
| 12 | Advisors Asset Management#12 · 121,084 sh | 121,084 | $7.7M | 0.12% | -6.8% |
| 13 | Penserra Capital Management#13 · 110,073 sh | 110,073 | $7.0M | 0.05% | +3.9% |
| 14 | 1607 Capital Partners#14 · 109,527 sh | 109,527 | $7.0M | 0.61% | -60.4% |
| 15 | LEVIN CAPITAL STRATEGIES, L.P.#15 · 107,324 sh | 107,324 | $6.8M | 0.46% | 0.0% |
| 16 | MORGAN STANLEY#16 · 98,399 sh | 98,399 | $6.3M | <0.01% | +1.5% |
| 17 | Shaker Financial Services#17 · 81,300 sh | 81,300 | $5.2M | — | +1115.8% |
| 18 | RAYMOND JAMES FINANCIAL#18 · 50,030 sh | 50,030 | $3.2M | <0.01% | +86.2% |
| 19 | Altium Capital Management#19 · 48,755 sh | 48,755 | $3.1M | 6.55% | 0.0% |
| 20 | FIRST ADVISORS#20 · 43,280 sh | 43,280 | $2.8M | <0.01% | +0.9% |
| 21 | EVOLVE PRIVATE WEALTH#21 · 38,203 sh | 38,203 | $2.4M | 0.15% | -5.3% |
| 22 | STIFEL FINANCIAL#22 · 37,146 sh | 37,146 | $2.4M | <0.01% | +4.9% |
| 23 | CAPSTONE INVESTMENT ADVISORS#23 · 35,841 sh | 35,841 | $2.3M | <0.01% | 0.0% |
| 24 | Thomas J. Herzfeld Advisors#24 · 31,935 sh | 31,935 | $2.0M | 0.63% | -2.2% |
| 25 | BANK OF AMERICA#25 · 30,556 sh | 30,556 | $1.9M | <0.01% | 0.0% |
| 26 | CSS#26 · 29,802 sh | 29,802 | $1.9M | 0.07% | -3.9% |
| 27 | WOLVERINE ASSET MANAGEMENT#27 · 28,703 sh | 28,703 | $1.8M | 0.02% | +293.9% |
| 28 | Samalin Investment Counsel#28 · 25,234 sh | 25,234 | $1.6M | — | +87.0% |
| 29 | GUGGENHEIM CAPITAL#29 · 24,660 sh | 24,660 | $1.6M | <0.01% | +8.7% |
| 30 | Mariner#30 · 20,812 sh | 20,812 | $1.3M | <0.01% | +16.9% |
| 31 | WALLER FINANCIAL PLANNING GROUP#31 · 19,563 sh | 19,563 | $1.2M | — | 0.0% |
| 32 | LPL Financial#32 · 18,875 sh | 18,875 | $1.2M | <0.01% | +3.3% |
| 33 | COMMONWEALTH EQUITY SERVICES#33 · 18,859 sh | 18,859 | $1.2M | <0.01% | -8.7% |
| 34 | Mraz, Amerine & Associates#34 · 18,151 sh | 18,151 | $1.2M | 0.17% | -10.8% |
| 35 | Overbrook Management#35 · 16,395 sh | 16,395 | $1.0M | — | 0.0% |
| 36 | Cetera Investment Advisers#36 · 15,155 sh | 15,155 | $966.1K | <0.01% | -8.2% |
| 37 | HighTower Advisors#37 · 14,171 sh | 14,171 | $903.4K | <0.01% | -31.1% |
| 38 | Janney Montgomery Scott#38 · 13,044 sh | 13,044 | $832.0K | <0.01% | +13.1% |
| 39 | PNC FINANCIAL SERVICES GROUP#39 · 12,648 sh | 12,648 | $806.3K | <0.01% | +355.8% |
| 40 | XTX Topco Ltd#40 · 12,585 sh | 12,585 | $802.3K | 0.01% | +115.3% |
| 41 | Advocate Investing Services#41 · 12,269 sh | 12,269 | $782.1K | — | 0.0% |
| 42 | Joel Isaacson#42 · 11,910 sh | 11,910 | $759.3K | 0.02% | 0.0% |
| 43 | Savant Capital#43 · 10,276 sh | 10,276 | $655.1K | <0.01% | 0.0% |
| 44 | KING LUTHER CAPITAL MANAGEMENT#44 · 10,196 sh | 10,196 | $650.0K | <0.01% | 0.0% |
| 45 | Cambridge Investment Research Advisors#45 · 9,988 sh | 9,988 | $637.0K | <0.01% | +32.5% |
| 46 | C2P Capital Advisory Group, d.b.a. Prosperity Capital Ad#46 · 9,576 sh | 9,576 | $610.5K | — | 0.0% |
| 47 | Uncommon Cents Investing#47 · 9,507 sh | 9,507 | $606.1K | — | 0.0% |
| 48 | UNITED CAPITAL FINANCIAL ADVISORS#48 · 8,345 sh | 8,345 | $532.0K | <0.01% | 0.0% |
| 49 | UBS Group AG#49 · 7,542 sh | 7,542 | $480.8K | <0.01% | -42.9% |
| 50 | Cornerstone Planning#50 · 7,136 sh | 7,136 | $454.9K | 0.11% | 0.0% |
| 51 | NIXON PEABODY#51 · 7,047 sh | 7,047 | $449.2K | — | 0.0% |
| 52 | Stolper#52 · 6,307 sh | 6,307 | $402.0K | — | -85.0% |
| 53 | ENVESTNET ASSET MANAGEMENT#53 · 6,208 sh | 6,208 | $395.8K | <0.01% | -3.4% |
| 54 | READYSTATE ASSET MANAGEMENT#54 · 6,137 sh | 6,137 | $391.2K | <0.01% | New |
| 55 | Focus Partners Wealth#55 · 5,758 sh | 5,758 | $367.1K | <0.01% | -10.4% |
| 56 | Stratos Wealth Partners, LTD.#56 · 5,564 sh | 5,564 | $354.7K | <0.01% | 0.0% |
| 57 | PARK AVENUE SECURITIES#57 · 5,509 sh | 5,509 | $351.0K | — | -12.0% |
| 58 | CAPTRUST FINANCIAL ADVISORS#58 · 5,223 sh | 5,223 | $333.0K | <0.01% | 0.0% |
| 59 | SAGESPRING WEALTH PARTNERS#59 · 5,223 sh | 5,223 | $333.0K | — | -18.5% |
| 60 | TOMPKINS FINANCIAL#60 · 5,103 sh | 5,103 | $325.3K | — | 0.0% |
| 61 | Cerity Partners#61 · 5,086 sh | 5,086 | $324.2K | <0.01% | New |
| 62 | IMC-Chicago#62 · 4,929 sh | 4,929 | $314.2K | <0.01% | New |
| 63 | OSAIC#63 · 4,924 sh | 4,924 | $313.9K | <0.01% | +7.2% |
| 64 | Compass Wealth Management#64 · 4,848 sh | 4,848 | $309.1K | — | New |
| 65 | Capital Analysts#65 · 4,483 sh | 4,483 | $286.0K | <0.01% | -12.1% |
| 66 | HARBOUR INVESTMENTS#66 · 4,260 sh | 4,260 | $271.6K | <0.01% | -7.0% |
| 67 | Advisory Advocates#67 · 4,260 sh | 4,260 | $271.6K | 0.23% | New |
| 68 | FRANKLIN RESOURCES#68 · 4,233 sh | 4,233 | $269.9K | <0.01% | 0.0% |
| 69 | SUSQUEHANNA INTERNATIONAL GROUP, LLP#69 · 4,153 sh | 4,153 | $264.8K | 0.00% | New |
| 70 | NORTHERN#70 · 4,109 sh | 4,109 | $261.9K | 0.00% | +3.8% |
| 71 | Prospera Financial Services#71 · 4,013 sh | 4,013 | $255.8K | <0.01% | 0.0% |
| 72 | Essex Financial Services#72 · 4,010 sh | 4,010 | $255.6K | 0.01% | 0.0% |
| 73 | REGIONS FINANCIAL#73 · 4,003 sh | 4,003 | $255.2K | <0.01% | 0.0% |
| 74 | MISSION WEALTH MANAGEMENT#74 · 3,964 sh | 3,964 | $252.7K | — | -5.6% |
| 75 | Schrum Private Wealth Management#75 · 5,062 sh | 5,062 | $251.7K | 0.26% | 0.0% |
| 76 | BCS Wealth Management#76 · 3,866 sh | 3,866 | $246.5K | 0.04% | 0.0% |
| 77 | Robinswood Financial#77 · 3,832 sh | 3,832 | $244.3K | — | New |
| 78 | Snowden Capital Advisors#78 · 3,793 sh | 3,793 | $241.8K | <0.01% | 0.0% |
| 79 | FIRST MANHATTAN#79 · 3,697 sh | 3,697 | $235.7K | <0.01% | 0.0% |
| 80 | Sequoia Financial Advisors#80 · 3,564 sh | 3,564 | $227.2K | <0.01% | 0.0% |
| 81 | CIBC Bancorp USA#81 · 3,439 sh | 3,439 | $219.2K | <0.01% | 0.0% |
| 82 | MAI Capital Management#82 · 3,322 sh | 3,322 | $211.8K | <0.01% | New |
| 83 | Evercore Wealth Management#83 · 3,313 sh | 3,313 | $211.2K | <0.01% | New |
| 84 | Quad-Cities Investment Group#84 · 3,245 sh | 3,245 | $206.9K | — | New |
| 85 | JANE STREET GROUP#85 · 3,164 sh | 3,164 | $201.7K | 0.00% | -64.1% |
| 86 | JPMORGAN CHASE#86 · 3,016 sh | 3,016 | $190.3K | 0.00% | New |
| 87 | NORTHWESTERN MUTUAL WEALTH MANAGEMENT#87 · 2,656 sh | 2,656 | $169.3K | <0.01% | +32.9% |
| 88 | BESSEMER GROUP#88 · 2,279 sh | 2,279 | $145.0K | <0.01% | -22.6% |
| 89 | Evelyn Partners Group Ltd#89 · 2,125 sh | 2,125 | $135.5K | <0.01% | — |
| 90 | Institute for Wealth Management#90 · 1,809 sh | 1,809 | $115.3K | 0.01% | New |
| 91 | EASTERN BANK#91 · 1,723 sh | 1,723 | $109.8K | — | 0.0% |
| 92 | Farther Finance Advisors#92 · 1,100 sh | 1,100 | $69.4K | — | 0.0% |
| 93 | ARMSTRONG ADVISORY GROUP#93 · 1,026 sh | 1,026 | $65.4K | — | 0.0% |
| 94 | NATIONAL BANK OF CANADA#94 · 1,018 sh | 1,018 | $64.7K | 0.00% | 0.0% |
| 95 | Birchwood Financial Partners#95 · 918 sh | 918 | $58.5K | 0.05% | 0.0% |
| 96 | SALEM INVESTMENT COUNSELORS#96 · 890 sh | 890 | $56.7K | — | 0.0% |
| 97 | Steward Partners Investment Advisory#97 · 438 sh | 438 | $27.9K | <0.01% | -19.3% |
| 98 | NewEdge Advisors#98 · 145 sh | 145 | $9.2K | 0.00% | New |
| 99 | Global Retirement Partners#99 · 134 sh | 134 | $8.5K | <0.01% | — |
| 100 | Integrated Wealth Concepts#100 · 134 sh | 134 | $8.5K | 0.00% | New |
Funds that sold out of GAM in Q2 2026 (3)
Held GAM at the end of Q1 2026 and filed a Q2 2026 13F without it. Not in the list above, because they no longer hold it. Largest prior position first.
| Institution | Shares sold | Value in Q1 2026 |
|---|---|---|
| Corient Private Wealth10,928 sh | 10,928 | $639.0K |
| Wall Street Financial Group865 sh | 865 | $50.6K |
| BNP PARIBAS750 sh | 750 | $43.9K |
Source: Form 13F-HR filings on SEC EDGAR, Q2 2026. Values are as reported by each manager at quarter end. “% of portfolio” is the position’s share of the manager’s total reported 13F value for the same quarter. “New” means the manager filed a 13F for Q1 2026 without this position; a dash means no comparison is available. Where a manager’s own filing is internally inconsistent its value is withheld and it is listed last. 13F data shows reported holdings, not recommendations.