Vault-13

GENERAL AMERN INVS CO INC GAM

COM · Closed-End Fund · CUSIP 368802104

88 institutional holders +5 vs Q1 2024
7,252,9637.3m shares reported held*
$360.6mreported value*
9 new 22 added 21 reduced 5 sold out net sold ≈ $20.7m (-415.8k shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $49.72.

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

050100Q3 22: 71Q4 22: 76Q1 23: 73Q2 23: 75Q3 23: 78Q4 23: 83Q1 24: 83Q2 24: 8888Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 202271
Q4 202276
Q1 202373
Q2 202375
Q3 202378
Q4 202383
Q1 202483
Q2 202488

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
40040Q4 22: 35 bought or addedQ4 22: 26 cut or sold outQ4 22Q1 23: 22 bought or addedQ1 23: 33 cut or sold outQ2 23: 24 bought or addedQ2 23: 30 cut or sold outQ2 23Q3 23: 35 bought or addedQ3 23: 22 cut or sold outQ4 23: 35 bought or addedQ4 23: 27 cut or sold outQ4 23Q1 24: 24 bought or addedQ1 24: 32 cut or sold outQ2 24: 31 bought or addedQ2 24: 26 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 20223526
Q1 20232233
Q2 20232430
Q3 20233522
Q4 20233527
Q1 20242432
Q2 20243126

Biggest buyers

Atlas Wealth LLC New +381,822+381.8k
Cornerstone Advisors, LLC Added +87,843+87.8k
Shaker Financial Services, LLC Added +32,065+32.1k
Logan Stone Capital, LLC Added +26,595+26.6k
BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC Added +24,196+24.2k
COHEN & STEERS, INC. Added +21,000+21.0k
AQR Arbitrage LLC Added +19,789+19.8k
BANK OF AMERICA CORP /DE/ Added +16,839+16.8k
WOLVERINE ASSET MANAGEMENT LLC Added +12,663+12.7k
LANDSCAPE CAPITAL MANAGEMENT, L.L.C. Added +10,258+10.3k

Biggest sellers

MORGAN STANLEY Reduced -662,498-662.5k
Allspring Global Investments Holdings, LLC Reduced -170,382-170.4k
1607 Capital Partners, LLC Reduced -134,975-135.0k
Qube Research & Technologies Ltd Sold out -33,894-33.9k
Pathstone Holdings, LLC Reduced -14,950-14.9k
Almitas Capital LLC Reduced -10,015-10.0k
C2P Capital Advisory Group, LLC d.b.a. Prosperity Capital Advisors Sold out -9,576-9.6k
Overbrook Management Corp Reduced -9,362-9.4k
PINNACLE ASSOCIATES LTD Sold out -7,875-7.9k
ROYAL BANK OF CANADA Reduced -7,668-7.7k

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
Saba Capital Management, L.P. 13D · may seek influence -1.0 pts · filed 2026-06-29
Stated purposeNot Applicable. Full filing
 7.3% -1.0 pts 1.8m≈ $111.7m 2026-06-29
LAZARD ASSET MANAGEMENT LLC 13G · institution +1.1 pts · filed 2026-05-15 6.7% +1.1 pts 1.6m≈ $100.8m 2026-05-15
DAVIDSON SPENCER 13D · may seek influence filed 2026-01-06
Stated purposeMr. Davidson acquired the Shares reported herein for investment purposes in the ordinary course of investing in securities for his own account. The purpose of this filing is to conform information reported herein to the January 5, 2026 Form 4/A. Other than as may have arisen in his capacity as a director of the Issuer, Mr. Davidson currently has no plans or proposals that relate to, or would result in, any of the matters listed in Item 4(a)-G) of Schedule 13D. Full filing
 6.0% 1.4m≈ $91.7m 2026-01-06

Insider purchases and sales in Q2 2024

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

Officers and directors buying vs selling

Number of people, by quarter (10% owners not included)

BuyingSelling
404Q3 22: 1 buyingQ3 22: 0 sellingQ4 22: 1 buyingQ4 22: 0 sellingQ4 22Q1 23: 0 buyingQ1 23: 0 sellingQ2 23: 0 buyingQ2 23: 2 sellingQ2 23Q3 23: 2 buyingQ3 23: 0 sellingQ4 23: 1 buyingQ4 23: 0 sellingQ4 23Q1 24: 2 buyingQ1 24: 0 sellingQ2 24: 3 buyingQ2 24: 1 sellingQ2 24
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q3 20221$17.0k0——
Q4 20221$99.6k0——
Q1 20230—0——
Q2 20230—2$26—
Q3 20232$187.0k0——
Q4 20231$13.0k0——
Q1 20242$79.2k0——
Q2 20243$285.1k1$565.9k—
DateInsiderTradeSharesPrice ValueTheir holding
2024-06-14 Stark Eugene S VP Administration/CCO/PFO · 5.95% Preferred Stock Bought 1,973 $24.76 $48.8k2.0k shares +20%
2024-05-29 Stark Eugene S VP Administration/CCO/PFO · 5.95% Preferred Stock Bought 262 $45.32 $11.9k262 shares +3%
2024-05-23 Priest Jeffrey W President & CEO · 5.95% Preferred Stock Bought 2,192 $24.67 $54.1k2.2k shares +30%
2024-05-22 1975 TRUST FBO ALTSCHUL ARTHUR G LAND TRUST Trustee is a director · Series B 5.95% Preferred Stock Sold 6,397 $24.63 $157.6k6.4k shares -100%
2024-05-22 ALTSCHUL ARTHUR G JR Director · TTEE/Beneficiary · Series B 5.95% Preferred Stock Sold 6,397 $24.63 $157.6k6.4k shares -20%
2024-05-21 1975 TRUST FBO ALTSCHUL ARTHUR G LAND TRUST Trustee is a director · Series B 5.95% Preferred Stock Sold 9,695 $24.65 $239.0k9.7k shares -60%
2024-05-21 ALTSCHUL ARTHUR G JR Director · TTEE/Beneficiary · Series B 5.95% Preferred Stock Sold 9,695 $24.65 $239.0k9.7k shares -23%
2024-05-20 1975 TRUST FBO ALTSCHUL ARTHUR G LAND TRUST Trustee is a director · Series B 5.95% Preferred Stock Sold 6,868 $24.66 $169.4k6.9k shares -30%
2024-05-20 ALTSCHUL ARTHUR G JR Director · TTEE/Beneficiary · Series B 5.95% Preferred Stock Sold 6,868 $24.66 $169.4k6.9k shares -14%
2024-04-11 Majmudar Anang K. Senior Vice-President · 5.95% Preferred Stock Bought 300 $24.98 $7.5k300 shares +7%
2024-04-10 Stark Eugene S VP Administration/CCO/PFO · 5.95% Preferred Stock Bought 2,500 $25.00 $62.5k2.5k shares +33%
2024-04-03 Priest Jeffrey W President & CEO · 5.95% Preferred Stock Bought 4,000 $25.09 $100.4k4.0k shares +125%

Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).

Holders, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 LAZARD ASSET MANAGEMENT LLC 0.08% of their portfolio NEW YORK, NY 1,304,5191.3m $64.9m $64.9m 0.08% Unchanged
2 1607 Capital Partners, LLC 3.49% of their portfolio Richmond, VA 784,090784.1k $39.0m $39.0m 3.49% Reduced -135.0k -134,975
3 BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC 6.93% of their portfolio BLUE BELL, PA 675,276675.3k $33.6m $33.6m 6.93% Added +24.2k +24,196
4 Allspring Global Investments Holdings, LLC 0.05% of their portfolio CHARLOTTE, NC 560,035560.0k $27.8m $27.8m 0.05% Reduced -170.4k -170,382
5 Saba Capital Management, L.P. 0.56% of their portfolio NEW YORK, NY 510,885510.9k $25.4m $25.4m 0.56% Unchanged
6 Cornerstone Advisors, LLC 0.89% of their portfolio ASHEVILLE, NC 441,951442.0k $22.0m $22.0m 0.89% Added +87.8k +87,843
7 Atlas Wealth LLC 2.24% of their portfolio CINCINNATI, OH 381,822381.8k $19.1m $19.1m 2.24% New
8 Bulldog Investors, LLP 6.03% of their portfolio SADDLE BROOK, NJ 324,541324.5k $16.1m $16.1m 6.03% Unchanged
9 Pathstone Holdings, LLC 0.06% of their portfolio ENGLEWOOD, NJ 250,609250.6k $12.5m $12.5m 0.06% Reduced -14.9k -14,950
10 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 243,802243.8k $12.1m $12.1m 0.00% Reduced -662.5k -662,498
11 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 237,785237.8k $11.8m $11.8m 0.00% Added +16.8k +16,839
12 COHEN & STEERS, INC. 0.02% of their portfolio NEW YORK, NY 162,476162.5k $8.1m $8.1m 0.02% Added +21.0k +21,000
13 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 120,361120.4k $6.0m $6.0m 0.00% Reduced -7.7k -7,668
14 Shaker Financial Services, LLC 2.18% of their portfolio Arlington, VA 108,528108.5k $5.4m $5.4m 2.18% Added +32.1k +32,065
15 LEVIN CAPITAL STRATEGIES, L.P. 0.55% of their portfolio NEW YORK, NY 104,857104.9k $5.2m $5.2m 0.55% Unchanged
16 AQR Arbitrage LLC 0.12% of their portfolio Greenwich, CT 95,99796.0k $4.8m $4.8m 0.12% Added +19.8k +19,789
17 WOLVERINE ASSET MANAGEMENT LLC 0.06% of their portfolio CHICAGO, IL 68,30568.3k $3.4m $3.4m 0.06% Added +12.7k +12,663
18 Almitas Capital LLC 1.39% of their portfolio SANTA MONICA, CA 67,05867.1k $3.3m $3.3m 1.39% Reduced -10.0k -10,015
19 Logan Stone Capital, LLC 0.83% of their portfolio CHICAGO, IL 64,94664.9k $3.2m $3.2m 0.83% Added +26.6k +26,595
20 Overbrook Management Corp 0.59% of their portfolio NEW YORK, NY 47,37947.4k $2.4m $2.4m 0.59% Reduced -9.4k -9,362
21 Epoch Investment Partners, Inc. 0.01% of their portfolio New York, NY 43,25143.3k $2.2m $2.2m 0.01% Unchanged
22 Sanctuary Advisors, LLC 0.01% of their portfolio INDIANAPOLIS, IN 39,50139.5k $1.8m $1.8m 0.01% First filing
23 CSS LLC/IL 0.14% of their portfolio CHICAGO, IL 39,04139.0k $1.9m $1.9m 0.14% Unchanged
24 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 35,83135.8k $1.8m $1.8m 0.00% Added +14 +14
25 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 34,28034.3k $1.7m $1.7m 0.00% Reduced -715 -715
26 LANDSCAPE CAPITAL MANAGEMENT, L.L.C. 0.14% of their portfolio Englewood, NJ 33,38333.4k $1.7m $1.7m 0.14% Added +10.3k +10,258
27 Quantedge Capital Pte Ltd 0.59% of their portfolio Singapore, U0 32,86732.9k $1.6m $1.6m 0.59% Added +3.5k +3,500
28 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 28,44028.4k $1.4m $1.4m 0.00% Reduced -634 -634
29 Thrivent Financial for Lutherans 0.00% of their portfolio Minneapolis, MN 28,23728.2k $1.4m $1.4m 0.00% Unchanged
30 NEVILLE RODIE & SHAW INC 0.10% of their portfolio NEW YORK, NY 27,51727.5k $1.4m $1.4m 0.10% Unchanged
31 PARK AVENUE SECURITIES LLC 0.02% of their portfolio NEW YORK, NY 26,68726.7k $1.3m $1.3m 0.02% Reduced -1.3k -1,326
32 Mraz, Amerine & Associates, Inc. 0.27% of their portfolio Modesto, CA 26,63226.6k $1.3m $1.3m 0.27% Reduced -5.9k -5,888
33 SALEM INVESTMENT COUNSELORS INC 0.04% of their portfolio WINSTON-SALEM, NC 24,00624.0k $1.2m $1.2m 0.04% Unchanged
34 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 23,01723.0k $1.1m $1.1m 0.00% Unchanged
35 GUGGENHEIM CAPITAL LLC 0.01% of their portfolio CHICAGO, IL 20,12220.1k $1.0m $1.0m 0.01% Added +886 +886
36 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 20,01020.0k $995.0k $995.0k 0.00% Added +3.6k +3,567
37 Walleye Capital LLC 0.01% of their portfolio NEW YORK, NY 19,36619.4k $962.9k $962.9k 0.01% Added +806 +806
38 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 12,30312.3k $611.7k $611.7k 0.00% Added +16 +16
39 Uncommon Cents Investing LLC 0.17% of their portfolio JANESVILLE, WI 10,82910.8k $538.4k $538.4k 0.17% Unchanged
40 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 9,9149.9k $493.0k $493.0k 0.00% Reduced -609 -609
41 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 9,0719.1k $451.0k $451.0k 0.00% Added +622 +622
42 Apexium Financial, LP 0.03% of their portfolio Dallas, TX 8,5458.5k $424.9k $424.9k 0.03% Unchanged
43 Savant Capital, LLC 0.00% of their portfolio ROCKFORD, IL 8,4908.5k $422.1k $422.1k 0.00% Reduced -81 -81
44 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 7,7347.7k $384.5k $384.5k 0.00% Added +1.2k +1,182
45 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 7,1667.2k $356.3k $356.3k 0.00% Unchanged
46 JACOBS & CO/CA 0.04% of their portfolio SAN FRANCISCO, CA 7,1167.1k $353.0k $353.0k 0.04% Reduced -400 -400
47 Mariner, LLC 0.00% of their portfolio Overland Park, KS 6,8756.9k $341.8k $341.8k 0.00% Reduced -305 -305
48 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 6,7116.7k $334.0k $334.0k 0.00% Unchanged
49 UBS Group AG 0.00% of their portfolio ZURICH, V8 6,3786.4k $317.1k $317.1k 0.00% Added +1.9k +1,860
50 RAYMOND JAMES TRUST N.A. 0.01% of their portfolio ST. PETERSBURG, FL 5,6625.7k $281.5k $281.5k 0.01% Unchanged
51 Stolper Co 0.10% of their portfolio TULSA, OK 5,6235.6k $280.0k $280.0k 0.10% Reduced -156 -156
52 Matisse Capital 0.13% of their portfolio PORTLAND, OR 5,3005.3k $263.5k $263.5k 0.13% Unchanged
53 FIRST MANHATTAN CO. LLC. 0.00% of their portfolio NEW YORK, NY 5,1995.2k $258.5k $258.5k 0.00% Added +68 +68
54 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 5,1275.1k $254.9k $254.9k 0.00% Reduced -16 -16
55 Spire Wealth Management 0.01% of their portfolio MCLEAN, VA 5,0625.1k $251.7k $251.7k 0.01% Unchanged
56 Schrum Private Wealth Management LLC 0.23% of their portfolio ST. AUGUSTINE, FL 5,0625.1k $251.7k $251.7k 0.23% Unchanged
57 BESSEMER GROUP INC 0.00% of their portfolio WOODBRIDGE, NJ 4,8994.9k $243.0k $243.0k 0.00% Added +107 +107
58 Compass Wealth Management LLC 0.06% of their portfolio GUILFORD, CT 4,8484.8k $241.0k $241.0k 0.06% Unchanged
59 Stratos Wealth Partners, LTD. 0.00% of their portfolio BEACHWOOD, OH 4,6634.7k $231.9k $231.9k 0.00% Unchanged
60 MISSION WEALTH MANAGEMENT, LP 0.01% of their portfolio Santa Barbara, CA 4,1974.2k $208.7k $208.7k 0.01% New
61 INTEGRATED CAPITAL MANAGEMENT, INC. 0.16% of their portfolio JESSUP, PA 4,1394.1k $205.8k $205.8k 0.16% New
62 Ethos Financial Group, LLC 0.04% of their portfolio KING OF PRUSSIA, PA 4,1154.1k $205.0k $205.0k 0.04% New
63 CITY OF LONDON INVESTMENT MANAGEMENT CO LTD 0.02% of their portfolio London, X0 4,0704.1k $202.4k $202.4k 0.02% Reduced -882 -882
64 Robinswood Financial LLC 0.07% of their portfolio KIRKLAND, WA 3,4563.5k $171.8k $171.8k 0.07% New
65 CIBC Private Wealth Group LLC 0.00% of their portfolio ATLANTA, GA 3,4393.4k $172.9k $172.9k 0.00% Unchanged
66 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 3,3283.3k $200.5k $200.5k 0.00% New
67 HARBOUR INVESTMENTS, INC. 0.01% of their portfolio MADISON, WI 3,1063.1k $154.4k $154.4k 0.01% Unchanged
68 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 2,2932.3k $114.0k $114.0k 0.00% Unchanged
69 Tyler-Stone Wealth Management 0.05% of their portfolio Beachwood, OH 2,2472.2k $111.7k $111.7k 0.05% Unchanged
70 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 2,0262.0k $100.4k $100.4k 0.00% Reduced -1.7k -1,659
71 Camelot Portfolios, LLC 0.04% of their portfolio Maumee, OH 1,2591.3k $62.6k $62.6k 0.04% New
72 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 940940 $46.7k $46.7k 0.00% New
73 Peoples Bank/KS 0.03% of their portfolio PRATT, KS 859859 $42.7k $42.7k 0.03% Unchanged
74 BNP PARIBAS 0.00% of their portfolio NEW YORK, NY 750750 $37.3k $37.3k 0.00% Unchanged
75 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 686686 $34.1k $34.1k 0.00% Added +378 +378
76 Global Trust Asset Management, LLC 0.01% of their portfolio PALM BEACH GARDENS, FL 392392 $19.5k $19.5k 0.01% Unchanged
77 CWM, LLC 0.00% of their portfolio OMAHA, NE 383383 $19.0k $19.0k 0.00% Added +108 +108
78 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 351351 $17.5k $17.5k 0.00% Unchanged
79 JNBA Financial Advisors 0.00% of their portfolio BLOOMINGTON, MN 295295 $14.7k $14.7k 0.00% Unchanged
80 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 196196 $9.7k $9.7k 0.00% Reduced -4.5k -4,503
81 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 131131 $6.5k $6.5k 0.00% Unchanged
82 Global Retirement Partners, LLC 0.00% of their portfolio San Rafael, CA 114114 $5.7k $5.7k 0.00% Unchanged
83 Thomas J. Herzfeld Advisors, Inc. 0.00% of their portfolio MIAMI BEACH, FL 102102 $5.1k $5.1k 0.00% Unchanged
84 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 5757 $2.8k $2.8k 0.00% New
85 COMERICA BANK 0.00% of their portfolio DALLAS, TX 2929 $1.4k $1.4k 0.00% Reduced -169 -169
86 ASSETMARK, INC 0.00% of their portfolio CONCORD, CA 1616 $796 $796 0.00% Unchanged
87 HUNTINGTON NATIONAL BANK 0.00% of their portfolio COLUMBUS, OH 11 $50 $50 0.00% Unchanged
88 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged