GENERAL AMERICAN INVESTORS CO INC

CIK

40417

Location

NEW YORK, NY

Portfolio Value

Mid $1,369,937,790

Diversification

Diversified

Filing Date

Global Rank

#1,481 / 8,622 ▼ 84 · as of Mar 2026

Top Industry

Semiconductor Equipment & Materials 7.5%

3Y Alpha vs SPY

+1.7%

Period ended 4 months ago

Filed May 1, 2026 · 3mo

25 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of buying every stock this filer reported holding, rebalancing on each filing and indexed to the same start. Option positions cannot be bought this way and are left out.

Cloned portfolio

+77.5%

SPY

+67.9%

Annualised alpha

+2.2%

Max drawdown

−14.7%

Estimate. 13F holdings are quarter-lagged, so the clone rebalances about 45 days after each period end — when the filing becomes public — and it excludes option and short positions. It tracks 97% of reported value on average across 13 quarters. Past performance does not predict future results.

Portfolio Concentration

63 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

5.8%

−4.1 pts

Top 5

27.0%

−3.8 pts

Top 10

44.7%

−4.3 pts

HHI

294

Diversified−53

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	28.7%	$392,748,882	17
Industrials	15.7%	$214,943,486	5
Financial Services	13.4%	$183,214,882	9
Healthcare	11.2%	$153,440,673	12
Consumer Cyclical	10.7%	$145,973,532	4
Energy	7.3%	$100,073,527	5
Basic Materials	4.0%	$54,672,174	5
Consumer Defensive	3.9%	$53,069,890	2
Communication Services	3.0%	$40,764,944	2
Utilities	2.3%	$31,035,800	2

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

7 positions

Ticker	Company	Δ Shares	Shares	Value
SPRY	ARS Pharmaceuticals, Inc.	+167,195	727,154	$5,839,046
UBER	Uber Technologies, Inc	+150,000	310,583	$22,340,235
MRVI	Maravai Lifesciences Holdings, Inc.	+130,877	1,716,193	$4,856,826
MRVL	Marvell Technology, Inc.	+102,000	152,000	$15,055,600
T	At&T Inc.	+50,000	774,639	$22,456,784
AEM	Agnico Eagle Mines Ltd	+10,000	189,272	$38,418,430
VEEV	Veeva Systems Inc	+10,000	58,006	$10,189,333
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
IAUX	i-80 Gold Corp.	−1,974,389	1,500,000	$2,280,000
VYX	NCR Voyix Corp	−510,402	669,912	$4,240,542
UEC	Uranium Energy Corp	−245,110	454,890	$6,141,015
MSFT	Microsoft Corp	−193,600	126,400	$46,789,488
NN	Nextnav Inc.	−180,000	620,210	$9,935,764
TJX	Tjx Companies Inc /De/	−140,340	484,752	$77,414,894
CCJ	Cameco Corp	−125,000	339,230	$36,843,770
EXPE	Expedia Group, Inc.	−118,157	5,000	$1,154,450
MET	Metlife Inc	−100,000	90,327	$6,387,925
INDI	indie Semiconductor, Inc.	−100,000	1,854,849	$5,972,613
ACGL	Arch Capital Group Ltd.	−69,800	530,200	$50,893,898
AAPL	Apple Inc.	−60,000	265,705	$67,433,271
GSM	Ferroglobe PLC	−50,000	907,591	$3,739,274
RTX	RTX Corp	−42,200	150,000	$28,935,000
XOM	ExxonMobil Holdings Corp	−31,000	115,100	$19,527,866
COLB	Columbia Banking System, Inc.	−30,000	135,556	$3,718,301
AGI	Alamos Gold Inc	−30,000	211,219	$9,384,460
SOLV	Solventum Corp	−22,700	377,350	$24,640,955
RSG	Republic Services, Inc.	−20,000	335,625	$73,508,587
ANET	Arista Networks, Inc.	−15,537	125,142	$15,364,934
PEP	Pepsico Inc	−10,000	130,000	$20,187,700
NNI	Nelnet Inc	−9,389	234,026	$30,179,992
GEV	GE Vernova Inc.	−9,000	91,000	$79,433,900
ASML	Asml Holding NV	−7,000	55,000	$72,645,650
AVGO	Broadcom Inc.	−5,000	138,000	$42,712,380
No positions match the current search.

New Positions

Positions the filer opened this quarter

2 positions

Ticker	Company	Shares	Value
BA	Boeing Co	52,054	$10,360,307
NOW	ServiceNow, Inc.	60,000	$6,273,000
No positions match the current search.

Sold Out

Positions the filer fully exited

2 positions

Ticker	Company	Shares	Value
THC	Tenet Healthcare Corp	60,000	$11,923,200
CRM	Salesforce, Inc.	30,000	$7,947,300
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

63 positions · $1,369,937,790 total · as of Mar 31, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Technology Utilities

Showing 1–50 of 63 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
GEV	GE Vernova Inc. Industrials	Reduced	91,000	-9,000	$79,433,900	+21.5%	5.80%
TJX	Tjx Companies Inc /De/ Consumer Cyclical	Reduced	484,752	-140,340	$77,414,894	−19.4%	5.65%
RSG	Republic Services, Inc. Industrials	Reduced	335,625	-20,000	$73,508,587	−2.5%	5.37%
ASML	Asml Holding NV Technology	Reduced	55,000	-7,000	$72,645,650	+9.5%	5.30%
AAPL	Apple Inc. Technology	Reduced	265,705	-60,000	$67,433,271	−23.8%	4.92%
AMZN	Amazon Com Inc Consumer Cyclical	Held	286,000	0	$59,565,220	−9.8%	4.35%
ACGL	Arch Capital Group Ltd. Financial Services	Reduced	530,200	-69,800	$50,893,898	−11.6%	3.72%
MSFT	Microsoft Corp Technology	Reduced	126,400	-193,600	$46,789,488	−69.8%	3.42%
AVGO	Broadcom Inc. Technology	Reduced	138,000	-5,000	$42,712,380	−13.7%	3.12%
EG	Everest Group, Ltd. Financial Services	Held	129,196	0	$42,227,712	−3.7%	3.08%
AEM	Agnico Eagle Mines Ltd Basic Materials	Added	189,272	+10,000	$38,418,430	+26.4%	2.80%
CCJ	Cameco Corp Energy	Reduced	339,230	-125,000	$36,843,770	−13.3%	2.69%
COST	Costco Wholesale Corp /New Consumer Defensive	Held	33,000	0	$32,882,190	+15.5%	2.40%
NNI	Nelnet Inc Financial Services	Reduced	234,026	-9,389	$30,179,992	−6.7%	2.20%
RTX	RTX Corp Industrials	Reduced	150,000	-42,200	$28,935,000	−17.9%	2.11%
NVDA	Nvidia Corp Technology	Held	160,979	0	$28,074,737	−6.5%	2.05%
SOLV	Solventum Corp Healthcare	Reduced	377,350	-22,700	$24,640,955	−22.3%	1.80%
MRK	Merck & Co., Inc. Healthcare	Held	204,326	0	$24,578,374	+14.3%	1.79%
REGN	Regeneron Pharmaceuticals, Inc. Healthcare	Held	31,362	0	$24,231,535	+0.1%	1.77%
JPM	Jpmorgan Chase & Co Financial Services	Held	80,000	0	$23,532,800	−8.7%	1.72%
LHX	L3harris Technologies, Inc. /De/ Industrials	Reduced	65,785	-5,000	$22,705,692	+9.3%	1.66%
T	At&T Inc. Communication Services	Added	774,639	+50,000	$22,456,784	+24.8%	1.64%
UBER	Uber Technologies, Inc CALL + SHARES Technology	Added	310,583	+150,000	$22,340,235	+70.3%	1.63%
MTB	M&T Bank Corp Financial Services	Held	101,100	0	$20,899,392	+2.6%	1.53%
PEP	Pepsico Inc Consumer Defensive	Reduced	130,000	-10,000	$20,187,700	+0.5%	1.47%
ET	Energy Transfer LP Energy	Held	1,020,030	0	$19,686,579	+17.0%	1.44%
XOM	ExxonMobil Holdings Corp Energy	Reduced	115,100	-31,000	$19,527,866	+11.1%	1.43%
META	Meta Platforms, Inc. Communication Services	Held	32,000	0	$18,308,160	−13.3%	1.34%
D	Dominion Energy, Inc Utilities	Held	290,000	0	$17,927,800	+5.5%	1.31%
CVX	Chevron Corp Energy	Held	86,391	0	$17,874,297	+35.8%	1.30%
GILD	Gilead Sciences, Inc. Healthcare	Held	119,900	0	$16,710,463	+13.5%	1.22%
ONTO	Onto Innovation Inc. Technology	Held	80,000	0	$16,405,600	+29.9%	1.20%
TYL	Tyler Technologies Inc Technology	Held	46,681	0	$15,982,640	−24.6%	1.17%
ANET	Arista Networks, Inc. Technology	Reduced	125,142	-15,537	$15,364,934	−16.6%	1.12%
MRVL	Marvell Technology, Inc. Technology	Added	152,000	+102,000	$15,055,600	+254.3%	1.10%
AMAT	Applied Materials Inc /De Technology	Held	41,652	0	$14,236,237	+33.0%	1.04%
PFE	Pfizer Inc Healthcare	Held	505,808	0	$14,203,088	+12.8%	1.04%
AEP	American Electric Power Co Inc Utilities	Held	100,000	0	$13,108,000	+13.7%	0.96%
AMGN	Amgen Inc Healthcare	Held	30,000	0	$10,555,500	+7.5%	0.77%
BA	Boeing Co Industrials	NEW	52,054	NEW	$10,360,307	NEW	0.76%
VEEV	Veeva Systems Inc Healthcare	Added	58,006	+10,000	$10,189,333	−4.9%	0.74%
NN	Nextnav Inc. Technology	Reduced	620,210	-180,000	$9,935,764	−25.4%	0.73%
AGI	Alamos Gold Inc Basic Materials	Reduced	211,219	-30,000	$9,384,460	+0.8%	0.69%
IDYA	IDEAYA Biosciences, Inc. Healthcare	Held	280,261	0	$9,338,296	−3.6%	0.68%
ARCO	Arcos Dorados Holdings Inc. Consumer Cyclical	Held	950,178	0	$7,838,968	+12.4%	0.57%
MET	Metlife Inc Financial Services	Reduced	90,327	-100,000	$6,387,925	−57.5%	0.47%
NOW	ServiceNow, Inc. Technology	NEW	60,000	NEW	$6,273,000	NEW	0.46%
UEC	Uranium Energy Corp Energy	Reduced	454,890	-245,110	$6,141,015	−24.9%	0.45%
RVMD	Revolution Medicines, Inc. Healthcare	Reduced	62,545	-1,500	$6,082,501	+19.2%	0.44%
INDI	indie Semiconductor, Inc. Technology	Reduced	1,854,849	-100,000	$5,972,613	−13.4%	0.44%