DAVIDSON SPENCER purchased 3.1% of their position (5.32K shares) of GENERAL AMERICAN INVESTORS CO INC on the open market
Open‑market purchase worth $132.9K — a small addition. The strongest form of insider conviction signal.
P · 2 purchases
Filed: 11/25/2025ACC: 0000040417-25-000058
DirectorOther
Since Sep 2019
+5.32K
Net shares
Net buyer
$132.9K
Total acquired
2
Open market trades
2B · 0S
2
Total transactions
5.32K acquired
Non-Derivative Transactions2
5.95% Preferred Stock
Direct
Shares
+4.12K
Price / share
$24.98
Trade value
$102.92K
% of position
2.4%
11/24/2025
171.78K→175.90K
5.95% Preferred Stock
Direct
Shares
+1.20K
Price / share
$24.98
Trade value
$30K
% of position
0.7%
11/25/2025
175.90K→177.10K
Total
Net shares
+5.32K
Net value
$132.92K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| 5.95% Preferred Stock Direct | 11/24/2025 | P · Purchase | +4.12K | $24.98 | $102.92K | 2.4% | 171.78K | 175.90K |
| 5.95% Preferred Stock Direct | 11/25/2025 | P · Purchase | +1.20K | $24.98 | $30K | 0.7% | 175.90K | 177.10K |
| Total | +5.32K | $132.92K | ||||||
Derivative Transactions0
No derivative transactions reported
Non-Derivative Holdings (Post-Transaction)5
GAM
DirectShares owned4.55K
5.95% Preferred Stock
IndirectShares owned5K
GAM
DirectShares owned1.42M
5.95% Preferred Stock
DirectShares owned1K
GAM
IndirectShares owned11.49K
Total
1.43M direct·16.49K indirect1.45M
| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| GAM | 4.55K | Direct |
| 5.95% Preferred Stock | 5K | Indirect |
| GAM | 1.42M | Direct |
| 5.95% Preferred Stock | 1K | Direct |
| GAM | 11.49K | Indirect |
| Total | 1.45M | 1.43M direct·16.49K indirect |
Derivative Holdings (Post-Transaction)0
No derivative holdings reported