Almitas Capital LLC Has $733,000 Holdings in General American Investors Company Inc (NYSE:GAM)

Almitas Capital LLC raised its holdings in shares of General American Investors Company Inc (NYSE:GAM) by 32.5% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 22,008 shares of the investment management company’s stock after buying an additional 5,400 shares during the period. Almitas Capital LLC’s holdings in General American Investors were worth $733,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of GAM. Creative Planning boosted its position in General American Investors by 9.6% during the fourth quarter. Creative Planning now owns 14,727 shares of the investment management company’s stock valued at $419,000 after buying an additional 1,290 shares during the period. Janney Montgomery Scott LLC boosted its position in General American Investors by 7.4% during the fourth quarter. Janney Montgomery Scott LLC now owns 7,655 shares of the investment management company’s stock valued at $218,000 after buying an additional 528 shares during the period. Stratos Wealth Partners LTD. boosted its position in General American Investors by 7.4% during the fourth quarter. Stratos Wealth Partners LTD. now owns 12,954 shares of the investment management company’s stock valued at $368,000 after buying an additional 896 shares during the period. Institute for Wealth Management LLC. purchased a new stake in General American Investors during the fourth quarter valued at about $882,000. Finally, Relative Value Partners Group LLC raised its stake in shares of General American Investors by 1.9% during the fourth quarter. Relative Value Partners Group LLC now owns 501,419 shares of the investment management company’s stock valued at $14,260,000 after acquiring an additional 9,205 shares during the last quarter. Institutional investors and hedge funds own 22.77% of the company’s stock.

Shares of NYSE:GAM opened at $34.87 on Friday. General American Investors Company Inc has a 12 month low of $27.00 and a 12 month high of $37.33.

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General American Investors Company Profile

General American Investors Company, Inc is a publicly owned investment manager. The firm invests in the public equity markets. It invests in growth stocks of companies. The firm employs fundamental analysis with a bottom-up stock picking approach to make its investments. General American Investors Company, Inc was founded in 1927 and is based in New York, New York.

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Institutional Ownership by Quarter for General American Investors (NYSE:GAM)

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