General American Investors Company, Inc. (NYSE:GAM) Shares Sold by Mraz Amerine & Associates Inc.

Mraz Amerine & Associates Inc. trimmed its holdings in shares of General American Investors Company, Inc. (NYSE:GAM) by 12.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 23,431 shares of the investment management company’s stock after selling 3,201 shares during the period. Mraz Amerine & Associates Inc.’s holdings in General American Investors were worth $1,256,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the stock. Northwestern Mutual Wealth Management Co. increased its stake in General American Investors by 122.7% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 686 shares of the investment management company’s stock worth $34,000 after buying an additional 378 shares in the last quarter. BNP Paribas acquired a new position in General American Investors during the first quarter worth approximately $35,000. Eastern Bank purchased a new stake in shares of General American Investors during the third quarter worth approximately $92,000. Integrated Capital Management Inc. purchased a new stake in General American Investors in the 2nd quarter valued at approximately $206,000. Finally, Matisse Capital acquired a new position in shares of General American Investors during the 1st quarter worth $247,000. Hedge funds and other institutional investors own 36.85% of the company’s stock.

General American Investors Price Performance

Shares of GAM opened at $53.42 on Friday. General American Investors Company, Inc. has a 1-year low of $39.12 and a 1-year high of $54.19. The firm has a 50 day simple moving average of $52.91 and a 200-day simple moving average of $50.13.

General American Investors Profile

General American Investors Company, Inc is a publicly owned investment manager. The firm invests in the public equity markets of United States. It invests in growth stocks of companies. It makes investments in Information Technology, Financials, Consumer Staples, Consumer Discretionary, Retailing, Communication Services, Industrials, Health Care, Energy and Materials.