GENERAL AMERICAN INVESTORS CO INC

CIK

40417

Location

NEW YORK, NY

Portfolio Value

Mid $1,369,937,790

Diversification

Diversified

Filing Date

Global Rank

#1,238 / 8,232 ▼ 3

Top Industry

Semiconductor Equipment & Materials 7.5%

3Y Alpha vs SPY

+1.0%

Period ended 2 months ago

Filed May 1, 2026 · 43d

25 quarters · since Mar 2020

Clone Performance

Jun 2023–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+81.2%

SPY

+76.5%

Annualised alpha

+1.1%

Max drawdown

−14.7%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. 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	Exxon Mobil Corp	−31,000	115,100	$19,527,866
AGI	Alamos Gold Inc	−30,000	211,219	$9,384,460
COLB	Columbia Banking System, Inc.	−30,000	135,556	$3,718,301
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 51–63 of 63 positions by value · page 2 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
COST	Costco Wholesale Corp /New Consumer Defensive	Held	33,000	0	$32,882,190	+15.5%	2.40%
CCJ	Cameco Corp Energy	Reduced	339,230	-125,000	$36,843,770	−13.3%	2.69%
AEM	Agnico Eagle Mines Ltd Basic Materials	Added	189,272	+10,000	$38,418,430	+26.4%	2.80%
EG	Everest Group, Ltd. Financial Services	Held	129,196	0	$42,227,712	−3.7%	3.08%
AVGO	Broadcom Inc. Technology	Reduced	138,000	-5,000	$42,712,380	−13.7%	3.12%
MSFT	Microsoft Corp Technology	Reduced	126,400	-193,600	$46,789,488	−69.8%	3.42%
ACGL	Arch Capital Group Ltd. Financial Services	Reduced	530,200	-69,800	$50,893,898	−11.6%	3.72%
AMZN	Amazon Com Inc Consumer Cyclical	Held	286,000	0	$59,565,220	−9.8%	4.35%
AAPL	Apple Inc. Technology	Reduced	265,705	-60,000	$67,433,271	−23.8%	4.92%
ASML	Asml Holding NV Technology	Reduced	55,000	-7,000	$72,645,650	+9.5%	5.30%
RSG	Republic Services, Inc. Industrials	Reduced	335,625	-20,000	$73,508,587	−2.5%	5.37%
TJX	Tjx Companies Inc /De/ Consumer Cyclical	Reduced	484,752	-140,340	$77,414,894	−19.4%	5.65%
GEV	GE Vernova Inc. Industrials	Reduced	91,000	-9,000	$79,433,900	+21.5%	5.80%