Vault-13

GENERAL AMERN INVS CO INC GAM

COM · Closed-End Fund · CUSIP 368802104

95 institutional holders +1 vs Q4 2025
7,700,3037.7m shares reported held*
$449.6mreported value*
7 new 24 added 27 reduced 5 sold out net bought ≈ $8.2m (+163.4k 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 ≈ $58.38.

Trends to Q1 2026

Institutional holders

Managers reporting a position, each quarter

050100Q3 22: 71Q4 22: 76Q1 23: 73Q2 23: 75Q3 23: 78Q4 23: 83Q1 24: 83Q2 24: 88Q3 24: 92Q4 24: 92Q1 25: 86Q2 25: 88Q3 25: 95Q4 25: 94Q1 26: 9595Q3 22Q3 23Q3 24Q3 25Q1 26
Numbers
QuarterHolders
Q3 202271
Q4 202276
Q1 202373
Q2 202375
Q3 202378
Q4 202383
Q1 202483
Q2 202488
Q3 202492
Q4 202492
Q1 202586
Q2 202588
Q3 202595
Q4 202594
Q1 202695

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q2 24: 31 bought or addedQ2 24: 26 cut or sold outQ3 24: 34 bought or addedQ3 24: 37 cut or sold outQ3 24Q4 24: 37 bought or addedQ4 24: 28 cut or sold outQ1 25: 32 bought or addedQ1 25: 29 cut or sold outQ1 25Q2 25: 23 bought or addedQ2 25: 27 cut or sold outQ3 25: 26 bought or addedQ3 25: 27 cut or sold outQ3 25Q4 25: 54 bought or addedQ4 25: 30 cut or sold outQ1 26: 31 bought or addedQ1 26: 32 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 20243126
Q3 20243437
Q4 20243728
Q1 20253229
Q2 20252327
Q3 20252627
Q4 20255430
Q1 20263132

Biggest buyers

LAZARD ASSET MANAGEMENT LLC Added +183,051+183.1k
Penserra Capital Management LLC New +105,918+105.9k
Allspring Global Investments Holdings, LLC Added +37,312+37.3k
Stolper Co Added +35,784+35.8k
Thomas J. Herzfeld Advisors, Inc. Added +32,537+32.5k
Altium Capital Management LLC Added +27,910+27.9k
SIT INVESTMENT ASSOCIATES INC Added +16,008+16.0k
Samalin Investment Counsel, LLC New +13,496+13.5k
Corient Private Wealth LP New +10,928+10.9k
Advisors Asset Management, Inc. Added +10,831+10.8k

Biggest sellers

Saba Capital Management, L.P. Reduced -246,292-246.3k
Shaker Financial Services, LLC Reduced -22,500-22.5k
Pathstone Holdings, LLC Reduced -12,421-12.4k
COHEN & STEERS, INC. Reduced -10,000-10.0k
ROYAL BANK OF CANADA Reduced -7,857-7.9k
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC Sold out -6,041-6.0k
HighTower Advisors, LLC Reduced -4,585-4.6k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Sold out -4,414-4.4k
MERCER GLOBAL ADVISORS INC /ADV Sold out -4,072-4.1k
BCS Wealth Management Reduced -3,866-3.9k

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 Q1 2026

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
404Q2 24: 3 buyingQ2 24: 1 sellingQ3 24: 0 buyingQ3 24: 0 sellingQ3 24Q4 24: 3 buyingQ4 24: 0 sellingQ1 25: 3 buyingQ1 25: 0 sellingQ1 25Q2 25: 3 buyingQ2 25: 2 sellingQ3 25: 1 buyingQ3 25: 0 sellingQ3 25Q4 25: 2 buyingQ4 25: 0 sellingQ1 26: 3 buyingQ1 26: 0 sellingQ1 26
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q2 20243$285.1k1$565.9k—
Q3 20240—0——
Q4 20243$198.3k0——
Q1 20253$250.4k0——
Q2 20253$104.7k2$808.8k—
Q3 20251$10.1k0——
Q4 20252$608.5k0——
Q1 20263$287.3k0——
DateInsiderTradeSharesPrice ValueTheir holding
2026-03-30 Stark Eugene S VP Administration/CCO/PFO · 5.95% Preferred Stock Bought 638 $24.95 $15.9k638 shares +2%
2026-03-30 Stark Eugene S VP Administration/CCO/PFO · 5.95% Preferred Stock Bought 638 $24.95 $15.9k638 shares +2%
2026-03-27 Stark Eugene S VP Administration/CCO/PFO · 5.95% Preferred Stock Bought 200 $24.92 $5.0k200 shares +1%
2026-03-27 Stark Eugene S VP Administration/CCO/PFO · 5.95% Preferred Stock Bought 200 $24.92 $5.0k200 shares +1%
2026-03-20 Stark Eugene S VP Administration/CCO/PFO · 5.95% Preferred Stock Bought 11 $24.95 $27411 shares +<1%
2026-03-13 Stark Eugene S VP Administration/CCO/PFO · 5.95% Preferred Stock Bought 3,000 $24.95 $74.8k3.0k shares +12%
2026-03-12 Priest Jeffrey W President & CEO · 5.95% Preferred Stock Bought 800 $24.90 $19.9k800 shares +2%
2026-02-04 Majmudar Anang K. Senior Vice-President · 5.95% Preferred Stock Bought 1,095 $25.00 $27.4k1.1k shares +12%
2026-02-03 Majmudar Anang K. Senior Vice-President · 5.95% Preferred Stock Bought 1,700 $25.00 $42.5k1.7k shares +22%
2026-01-13 Stark Eugene S VP Administration/CCO/PFO · 5.95% Preferred Stock Bought 4,000 $24.98 $99.9k4.0k shares +20%
2026-01-13 Majmudar Anang K. Senior Vice-President · 5.95% Preferred Stock Bought 64 $24.98 $1.6k64 shares +1%

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, Q1 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Saba Capital Management, L.P. 3.45% of their portfolio NEW YORK, NY 1,839,5931.8m $107.6m $107.6m 3.45% Reduced -246.3k -246,292
2 LAZARD ASSET MANAGEMENT LLC 0.15% of their portfolio NEW YORK, NY 1,580,6741.6m $92.4m $92.4m 0.15% Added +183.1k +183,051
3 BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC 6.87% of their portfolio BLUE BELL, PA 817,542817.5k $47.8m $47.8m 6.87% Added +6.9k +6,860
4 Allspring Global Investments Holdings, LLC 0.04% of their portfolio CHARLOTTE, NC 430,935430.9k $25.2m $25.2m 0.04% Added +37.3k +37,312
5 Bulldog Investors, LLP 3.90% of their portfolio SADDLE BROOK, NJ 296,450296.4k $17.3m $17.3m 3.90% Reduced -510 -510
6 NEVILLE RODIE & SHAW INC 1.25% of their portfolio NEW YORK, NY 293,958294.0k $17.2m $17.2m 1.25% Reduced -189 -189
7 1607 Capital Partners, LLC 1.16% of their portfolio Richmond, VA 276,264276.3k $16.2m $16.2m 1.16% Reduced -1.2k -1,225
8 COHEN & STEERS, INC. 0.03% of their portfolio NEW YORK, NY 259,999260.0k $15.2m $15.2m 0.03% Reduced -10.0k -10,000
9 SIT INVESTMENT ASSOCIATES INC 0.30% of their portfolio Minneapolis, MN 248,659248.7k $14.5m $14.5m 0.30% Added +16.0k +16,008
10 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 196,427196.4k $11.5m $11.5m 0.00% Reduced -7.9k -7,857
11 Pathstone Holdings, LLC 0.04% of their portfolio ENGLEWOOD, NJ 161,664161.7k $9.5m $9.5m 0.04% Reduced -12.4k -12,421
12 Advisors Asset Management, Inc. 0.13% of their portfolio Monument, CO 129,909129.9k $7.6m $7.6m 0.13% Added +10.8k +10,831
13 LEVIN CAPITAL STRATEGIES, L.P. 0.48% of their portfolio NEW YORK, NY 107,324107.3k $6.3m $6.3m 0.48% Unchanged
14 Penserra Capital Management LLC 0.07% of their portfolio ORINDA, CA 105,918105.9k $6.2m $6.2m 0.07% New
15 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 96,94396.9k $5.7m $5.7m 0.00% Reduced -791 -791
16 Altium Capital Management LLC 6.78% of their portfolio NEW YORK, NY 48,75548.8k $2.9m $2.9m 6.78% Added +27.9k +27,910
17 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 42,89842.9k $2.5m $2.5m 0.00% Added +3.9k +3,940
18 Stolper Co 0.32% of their portfolio TULSA, OK 42,16142.2k $1.1m $1.1m 0.32% Added +35.8k +35,784
19 EVOLVE PRIVATE WEALTH, LLC 0.13% of their portfolio LOS ANGELES, CA 40,34540.3k $2.4m $2.4m 0.13% Reduced -59 -59
20 CAPSTONE INVESTMENT ADVISORS, LLC 0.02% of their portfolio NEW YORK, NY 35,84135.8k $2.1m $2.1m 0.02% Unchanged
21 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 35,41735.4k $2.1m $2.1m 0.00% Added +556 +556
22 Thomas J. Herzfeld Advisors, Inc. 0.65% of their portfolio MIAMI BEACH, FL 32,66132.7k $1.9m $1.9m 0.65% Added +32.5k +32,537
23 CSS LLC/IL 0.10% of their portfolio CHICAGO, IL 31,02331.0k $1.8m $1.8m 0.10% Reduced -2.2k -2,245
24 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 30,55630.6k $1.8m $1.8m 0.00% Reduced -903 -903
25 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 29,58829.6k $1.7m $1.7m 0.00% Reduced -3.7k -3,733
26 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 26,87226.9k $1.6m $1.6m 0.00% Added +237 +237
27 GUGGENHEIM CAPITAL LLC 0.01% of their portfolio CHICAGO, IL 22,69522.7k $1.3m $1.3m 0.01% Reduced -1.1k -1,097
28 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 20,64520.6k $1.2m $1.2m 0.00% Reduced -48 -48
29 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 20,58120.6k $1.2m $1.2m 0.00% Reduced -4.6k -4,585
30 Mraz, Amerine & Associates, Inc. 0.18% of their portfolio Modesto, CA 20,35120.4k $1.2m $1.2m 0.18% Reduced -1.7k -1,723
31 WALLER FINANCIAL PLANNING GROUP, INC 0.25% of their portfolio COLUMBUS, OH 19,56319.6k $1.1m $1.1m 0.25% Unchanged
32 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 18,27618.3k $1.1m $1.1m 0.00% Reduced -3.4k -3,423
33 Mariner, LLC 0.00% of their portfolio Overland Park, KS 17,79617.8k $1.0m $1.0m 0.00% Added +2.5k +2,490
34 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 16,50716.5k $965.2k $965.2k 0.00% Reduced -330 -330
35 Overbrook Management Corp 0.18% of their portfolio NEW YORK, NY 16,39516.4k $958.6k $958.6k 0.18% Unchanged
36 Samalin Investment Counsel, LLC 0.28% of their portfolio CHAPPAQUA, NY 13,49613.5k $789.1k $789.1k 0.28% New
37 UBS Group AG 0.00% of their portfolio ZURICH, V8 13,21013.2k $772.4k $772.4k 0.00% Added +3.6k +3,577
38 Advocate Investing Services LLC 0.61% of their portfolio WOODBINE, MD 12,26912.3k $717.4k $717.4k 0.61% Unchanged
39 Joel Isaacson & Co., LLC 0.02% of their portfolio NEW YORK, NY 11,91011.9k $696.4k $696.4k 0.02% Added +574 +574
40 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 11,53011.5k $674.0k $674.0k 0.00% Reduced -616 -616
41 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 10,92810.9k $639.0k $639.0k 0.00% New
42 Savant Capital, LLC 0.00% of their portfolio ROCKFORD, IL 10,27610.3k $600.8k $600.8k 0.00% Unchanged
43 KING LUTHER CAPITAL MANAGEMENT CORP 0.00% of their portfolio FORT WORTH, TX 10,19610.2k $596.2k $596.2k 0.00% Unchanged
44 C2P Capital Advisory Group, LLC d.b.a. Prosperity Capital Advisors 0.03% of their portfolio Westlake, OH 9,5769.6k $559.9k $559.9k 0.03% Unchanged
45 Uncommon Cents Investing LLC 0.13% of their portfolio JANESVILLE, WI 9,5079.5k $555.9k $555.9k 0.13% Added +200 +200
46 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 8,8158.8k $515.4k $515.4k 0.00% Reduced -1.8k -1,784
47 UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.00% of their portfolio IRVING, TX 8,3458.3k $552.3k $552.3k 0.00% Unchanged
48 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 7,5397.5k $441.0k $441.0k 0.00% Added +157 +157
49 WOLVERINE ASSET MANAGEMENT LLC 0.01% of their portfolio CHICAGO, IL 7,2877.3k $426.1k $426.1k 0.01% New
50 Cornerstone Planning, LLC 0.09% of their portfolio CHARLOTTE, NC 7,1367.1k $417.2k $417.2k 0.09% Unchanged
51 NIXON PEABODY TRUST CO 0.03% of their portfolio BOSTON, MA 7,0477.0k $412.0k $412.0k 0.03% Added +692 +692
52 Shaker Financial Services, LLC 0.14% of their portfolio Arlington, VA 6,6876.7k $391.0k $391.0k 0.14% Reduced -22.5k -22,500
53 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 6,4286.4k $375.8k $375.8k 0.00% Reduced -532 -532
54 Focus Partners Wealth 0.00% of their portfolio ST LOUIS, MO 6,4276.4k $375.8k $375.8k 0.00% Reduced -113 -113
55 SAGESPRING WEALTH PARTNERS, LLC 0.01% of their portfolio FRANKLIN, TN 6,4076.4k $374.6k $374.6k 0.01% Unchanged
56 PARK AVENUE SECURITIES LLC 0.00% of their portfolio NEW YORK, NY 6,2626.3k $366.0k $366.0k 0.00% Reduced -644 -644
57 XTX Topco Ltd 0.01% of their portfolio LONDON, X0 5,8465.8k $341.8k $341.8k 0.01% Added +1.3k +1,301
58 Stratos Wealth Partners, LTD. 0.00% of their portfolio BEACHWOOD, OH 5,5645.6k $325.4k $325.4k 0.00% Unchanged
59 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 5,2245.2k $305.5k $305.5k 0.00% Unchanged
60 TOMPKINS FINANCIAL CORP 0.02% of their portfolio ITHACA, NY 5,1035.1k $298.4k $298.4k 0.02% Unchanged
61 Capital Analysts, LLC 0.01% of their portfolio FORT WASHINGTON, PA 5,1025.1k $298.0k $298.0k 0.01% Unchanged
62 Schrum Private Wealth Management LLC 0.23% of their portfolio ST. AUGUSTINE, FL 5,0625.1k $296.0k $296.0k 0.23% Unchanged
63 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 4,5924.6k $268.5k $268.5k 0.00% Added +1.1k +1,111
64 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 4,5824.6k $267.9k $267.9k 0.00% Added +1.6k +1,564
65 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 4,2334.2k $247.5k $247.5k 0.00% Added +3 +3
66 MISSION WEALTH MANAGEMENT, LP 0.01% of their portfolio Santa Barbara, CA 4,1974.2k $245.4k $245.4k 0.01% Unchanged
67 Prospera Financial Services Inc 0.00% of their portfolio Dallas, TX 4,0134.0k $234.7k $234.7k 0.00% Unchanged
68 Essex Financial Services, Inc. 0.01% of their portfolio ESSEX, CT 4,0104.0k $234.5k $234.5k 0.01% Unchanged
69 REGIONS FINANCIAL CORP 0.00% of their portfolio BIRMINGHAM, AL 4,0034.0k $234.1k $234.1k 0.00% Unchanged
70 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 3,9594.0k $231.5k $231.5k 0.00% New
71 BCS Wealth Management 0.05% of their portfolio JOHNSON CITY, TN 3,8663.9k $226.0k $226.0k 0.05% Reduced -3.9k -3,866
72 Robinswood Financial LLC 0.07% of their portfolio KIRKLAND, WA 3,8323.8k $224.1k $224.1k 0.07% Unchanged
73 Snowden Capital Advisors LLC 0.01% of their portfolio New York, NY 3,7933.8k $221.8k $221.8k 0.01% Unchanged
74 FIRST MANHATTAN CO. LLC. 0.00% of their portfolio NEW YORK, NY 3,6973.7k $216.2k $216.2k 0.00% Reduced -2.2k -2,233
75 Sequoia Financial Advisors, LLC 0.00% of their portfolio Akron, OH 3,5643.6k $208.4k $208.4k 0.00% Unchanged
76 CIBC Bancorp USA Inc. 0.00% of their portfolio CHICAGO, IL 3,4393.4k $201.1k $201.1k 0.00% First filing
77 BESSEMER GROUP INC 0.00% of their portfolio WOODBRIDGE, NJ 2,9442.9k $172.0k $172.0k 0.00% Unchanged
78 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 2,7752.8k $162.2k $162.2k 0.00% Unchanged
79 Evelyn Partners Investment Management LLP 0.00% of their portfolio London, X0 2,1252.1k $124.2k $124.2k 0.00% Unchanged
80 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 1,9992.0k $116.9k $116.9k 0.00% Added +1.2k +1,158
81 EASTERN BANK 0.00% of their portfolio BOSTON, MA 1,7231.7k $100.7k $100.7k 0.00% Unchanged
82 CWM, LLC 0.00% of their portfolio OMAHA, NE 1,3571.4k $79.3k $79.3k 0.00% Unchanged
83 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 1,1001.1k $65.2k $65.2k 0.00% Unchanged
84 ARMSTRONG ADVISORY GROUP, INC 0.00% of their portfolio NEEDHAM, MA 1,0261.0k $60.0k $60.0k 0.00% Unchanged
85 NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio MONTREAL, A8 1,0181.0k $59.5k $59.5k 0.00% Added +755 +755
86 Birchwood Financial Partners, Inc. 0.05% of their portfolio BLOOMINGTON, MN 918918 $53.7k $53.7k 0.05% Unchanged
87 SALEM INVESTMENT COUNSELORS INC 0.00% of their portfolio WINSTON-SALEM, NC 890890 $52.0k $52.0k 0.00% New
88 Wall Street Financial Group, Inc. 0.03% of their portfolio CARLINVILLE, IL 865865 $50.6k $50.6k 0.03% New
89 BNP PARIBAS 0.00% of their portfolio NEW YORK, NY 750750 $43.9k $43.9k 0.00% Unchanged
90 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 543543 $31.7k $31.7k 0.00% Unchanged
91 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 145145 $8.5k $8.5k 0.00% Unchanged
92 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 125125 $7.1k $7.1k 0.00% Reduced -611 -611
93 EverSource Wealth Advisors, LLC 0.00% of their portfolio BIRMINGHAM, AL 3636 $2.2k $2.2k 0.00% Added +18 +18
94 ASSETMARK, INC 0.00% of their portfolio CONCORD, CA 1616 $936 $936 0.00% Unchanged
95 HUNTINGTON NATIONAL BANK 0.00% of their portfolio COLUMBUS, OH 11 $58 $58 0.00% Unchanged