DAVIDSON SPENCER purchased 14.0% of their position (20.25K shares) of GENERAL AMERICAN INVESTORS CO INC on the open market
Open‑market purchase worth $505.8K — a moderate purchase. The strongest form of insider conviction signal.
P · 2 purchases
Filed: 11/13/2025ACC: 0000040417-25-000055
DirectorOther
Since Sep 2019
+20.25K
Net shares
Net buyer
$505.8K
Total acquired
2
Open market trades
2B · 0S
2
Total transactions
20.25K acquired
Non-Derivative Transactions2
5.95% Preferred Stock
Direct
Shares
+16.82K
Price / share
$24.98
Trade value
$420.18K
% of position
11.7%
11/12/2025
144.20K→161.02K
5.95% Preferred Stock
Direct
Shares
+3.43K
Price / share
$24.98
Trade value
$85.61K
% of position
2.1%
11/13/2025
161.02K→164.45K
Total
Net shares
+20.25K
Net value
$505.79K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| 5.95% Preferred Stock Direct | 11/12/2025 | P · Purchase | +16.82K | $24.98 | $420.18K | 11.7% | 144.20K | 161.02K |
| 5.95% Preferred Stock Direct | 11/13/2025 | P · Purchase | +3.43K | $24.98 | $85.61K | 2.1% | 161.02K | 164.45K |
| Total | +20.25K | $505.79K | ||||||
Derivative Transactions0
No derivative transactions reported
Non-Derivative Holdings (Post-Transaction)5
GAM
DirectShares owned4.55K
GAM
DirectShares owned1.42M
GAM
IndirectShares owned11.49K
5.95% Preferred Stock
DirectShares owned1K
5.95% Preferred Stock
IndirectShares owned5K
Total
1.43M direct·16.49K indirect1.45M
| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| GAM | 4.55K | Direct |
| GAM | 1.42M | Direct |
| GAM | 11.49K | Indirect |
| 5.95% Preferred Stock | 1K | Direct |
| 5.95% Preferred Stock | 5K | Indirect |
| Total | 1.45M | 1.43M direct·16.49K indirect |
Derivative Holdings (Post-Transaction)0
No derivative holdings reported