DAVIDSON SPENCER purchased 17.6% of their position (21.61K shares) of GENERAL AMERICAN INVESTORS CO INC on the open market
Open‑market purchase worth $540.2K — a significant purchase. The strongest form of insider conviction signal.
P · 1 purchase
Filed: 11/10/2025ACC: 0000040417-25-000054
DirectorOther
Since Sep 2019
+21.61K
Net shares
Net buyer
$540.2K
Total acquired
1
Open market trades
1B · 0S
1
Total transactions
21.61K acquired
Non-Derivative Transactions1
5.95% Preferred Stock
Direct
Shares
+21.61K
Price / share
$25.00
Trade value
$540.17K
% of position
17.6%
11/7/2025
122.59K→144.20K
Total
Net shares
+21.61K
Net value
$540.17K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| 5.95% Preferred Stock Direct | 11/7/2025 | P · Purchase | +21.61K | $25.00 | $540.17K | 17.6% | 122.59K | 144.20K |
| Total | +21.61K | $540.17K | ||||||
Derivative Transactions0
No derivative transactions reported
Non-Derivative Holdings (Post-Transaction)5
5.95% Preferred Stock
IndirectShares owned5K
5.95% Preferred Stock
DirectShares owned1K
GAM
IndirectShares owned11.49K
GAM
DirectShares owned1.42M
GAM
DirectShares owned4.55K
Total
1.43M direct·16.49K indirect1.45M
| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| 5.95% Preferred Stock | 5K | Indirect |
| 5.95% Preferred Stock | 1K | Direct |
| GAM | 11.49K | Indirect |
| GAM | 1.42M | Direct |
| GAM | 4.55K | Direct |
| Total | 1.45M | 1.43M direct·16.49K indirect |
Derivative Holdings (Post-Transaction)0
No derivative holdings reported