General American Investors
NEW YORK, NYfiles as GENERAL AMERICAN INVESTORS CO INC
$1.6bn in 69 US stocks at the end of 30 June 2026. The top 10 are 45.1% of the money. It changed about 8.4% of the portfolio this quarter.
Value
$1.6bn
Stocks
69
Top 10 share
45.1%
Turnover
8.4%
What changed this quarter
New
Bought for the first time this quarter.
- MastercardMA0.5% of the fund
- Quest DiagnosticsDGX0.4% of the fund
- First Carolina Financial ServicesFCBM0.2% of the fund
Added
Bought more of a stock they already held.
- MicrosoftMSFT3.0% of the fund+4%
- NvidiaNVDA2.5% of the fund+28%
- RTXRTX1.8% of the fund+7%
- Regeneron PharmaceuticalsREGN1.4% of the fund+16%
- Uber TechnologiesUBER1.1% of the fund+24%
- Gilead SciencesGILD1.1% of the fund+21%
- BoeingBA1.1% of the fund+62%
- Tyler TechnologiesTYL0.9% of the fund+11%
- NextnavNN0.7% of the fund+5%
- IDEAYA BiosciencesIDYA0.7% of the fund+10%
- ARS PharmaceuticalsSPRY0.6% of the fund+56%
- ServiceNowNOW0.5% of the fund+42%
- Alamos GoldAGI0.4% of the fund+12%
- i-80 GoldIAUX0.3% of the fund+124%
Cut
Sold some of their stake.
- GE VernovaGEV5.1% of the fund-22%
- Everest GroupEG2.7% of the fund-5%
- Marvell TechnologyMRVL2.0% of the fund-26%
- Agnico Eagle MinesAEM1.7% of the fund-5%
- Onto InnovationONTO1.4% of the fund-25%
- Applied MaterialsAMAT1.1% of the fund-40%
- PfizerPFE0.6% of the fund-20%
- Arista NetworksANET0.6% of the fund-56%
- indie SemiconductorINDI0.4% of the fund-11%
- AmgenAMGN0.4% of the fund-33%
- Arcos Dorados HoldingsARCO0.4% of the fund-9%
- Universal DisplayOLED0.3% of the fund-11%
- BlackberryBB0.3% of the fund-68%
- Columbia Banking SystemCOLB0.2% of the fund-37%
- FerroglobeGSM0.2% of the fund-9%
Sold out
Sold their entire stake.
- NCR VoyixVYX-100%
- Expedia GroupEXPE-100%
Holdings
- Berkshire Hathaway INC DELBRK-A
- Share
- 5.0%
- Value
- $82m
- Shares
- 110
Held
- CamecoCCJ
- Share
- 2.1%
- Value
- $35m
- Shares
- 339,230
Held
- Agnico Eagle MinesAEM
- Share
- 1.7%
- Value
- $28m
- Shares
- 179,272
-5%
- Energy Transfer L PET
- Share
- 1.2%
- Value
- $20m
- Shares
- 1,020,030
Held
- Alamos GoldAGI
- Share
- 0.4%
- Value
- $7m
- Shares
- 236,219
+12%
- Invesco Exchange Traded FD TRSP
- Share
- 0.4%
- Value
- $7m
- Shares
- 30,611
Held
- Adams Diversified Equity FundADX
- Share
- 0.2%
- Value
- $3m
- Shares
- 131,124
Held
- Royce Small-Cap TrustRVT
- Share
- 0.2%
- Value
- $3m
- Shares
- 150,877
Held
- First Carolina Financial ServicesFCBM
- Share
- 0.2%
- Value
- $3m
- Shares
- 207,606
New
- Vanguard Index FDSVOE
- Share
- 0.2%
- Value
- $3m
- Shares
- 13,700
Held
- Proshares TRNOBL
- Share
- 0.2%
- Value
- $3m
- Shares
- 45,000
Held
- Valneva SEVALN
- Share
- 0.1%
- Value
- $2m
- Shares
- 354,361
Held
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| ASML Holding NVASML | 6.6% | $109m | 55,000 | Held |
| GE VernovaGEV | 5.1% | $83m | 71,000 | -22% |
| Berkshire Hathaway INC DELBRK-A | 5.0% | $82m | 110 | Held |
| AppleAAPL | 4.7% | $77m | 265,705 | Held |
| AlphabetGOOG | 4.5% | $74m | 209,923 | Held |
| TJX CompaniesTJX | 4.5% | $73m | 484,752 | Held |
| Republic ServicesRSG | 4.3% | $72m | 335,625 | Held |
| Amazon.comAMZN | 4.2% | $69m | 291,000 | Held |
| BroadcomAVGO | 3.2% | $52m | 138,000 | Held |
| Arch Capital GroupACGL | 3.1% | $51m | 530,200 | Held |
| MicrosoftMSFT | 3.0% | $49m | 131,400 | +4% |
| Everest GroupEG | 2.7% | $44m | 122,909 | -5% |
| NvidiaNVDA | 2.5% | $41m | 205,979 | +28% |
| CamecoCCJ | 2.1% | $35m | 339,230 | Held |
| Marvell TechnologyMRVL | 2.0% | $33m | 112,000 | -26% |
| Costco WholesaleCOST | 1.9% | $31m | 33,000 | Held |
| NelnetNNI | 1.9% | $31m | 230,998 | Held |
| RTXRTX | 1.8% | $30m | 160,000 | +7% |
| SolventumSOLV | 1.8% | $29m | 377,350 | Held |
| Agnico Eagle MinesAEM | 1.7% | $28m | 179,272 | -5% |
| MerckMRK | 1.6% | $26m | 204,326 | Held |
| JPMorgan ChaseJPM | 1.6% | $26m | 80,000 | Held |
| M&T BankMTB | 1.5% | $24m | 101,100 | Held |
| Onto InnovationONTO | 1.4% | $23m | 60,000 | -25% |
| Regeneron PharmaceuticalsREGN | 1.4% | $23m | 36,362 | +16% |
| Dominion EnergyD | 1.2% | $20m | 290,000 | Held |
| Energy Transfer L PET | 1.2% | $20m | 1,020,030 | Held |
| L3harris TechnologiesLHX | 1.2% | $19m | 65,785 | Held |
| Uber TechnologiesUBER | 1.1% | $19m | 260,583 | +24% |
| Gilead SciencesGILD | 1.1% | $18m | 144,900 | +21% |
| BoeingBA | 1.1% | $18m | 84,154 | +62% |
| Applied MaterialsAMAT | 1.1% | $18m | 25,052 | -40% |
| Meta PlatformsMETA | 1.1% | $18m | 32,000 | Held |
| PepsiCoPEP | 1.1% | $18m | 130,000 | Held |
| AT&TT | 1.0% | $16m | 774,639 | Held |
| ExxonMobil HoldingsXOM | 1.0% | $16m | 115,100 | Held |
| Tyler TechnologiesTYL | 0.9% | $15m | 51,681 | +11% |
| ChevronCVX | 0.9% | $14m | 86,391 | Held |
| American Electric PowerAEP | 0.8% | $14m | 100,000 | Held |
| Revolution MedicinesRVMD | 0.7% | $12m | 62,545 | Held |
| NextnavNN | 0.7% | $12m | 649,814 | +5% |
| IDEAYA BiosciencesIDYA | 0.7% | $11m | 308,240 | +10% |
| Maravai Lifesciences HoldingsMRVI | 0.6% | $11m | 1,716,193 | Held |
| Veeva SystemsVEEV | 0.6% | $10m | 58,006 | Held |
| PfizerPFE | 0.6% | $10m | 405,808 | -20% |
| Arista NetworksANET | 0.6% | $9m | 55,142 | -56% |
| ARS PharmaceuticalsSPRY | 0.6% | $9m | 1,133,046 | +56% |
| ServiceNowNOW | 0.5% | $8m | 85,000 | +42% |
| MastercardMA | 0.5% | $8m | 15,000 | New |
| MetLifeMET | 0.5% | $8m | 90,327 | Held |
| indie SemiconductorINDI | 0.4% | $7m | 1,644,107 | -11% |
| AmgenAMGN | 0.4% | $7m | 20,000 | -33% |
| Alamos GoldAGI | 0.4% | $7m | 236,219 | +12% |
| Arcos Dorados HoldingsARCO | 0.4% | $7m | 860,178 | -9% |
| Invesco Exchange Traded FD TRSP | 0.4% | $7m | 30,611 | Held |
| Quest DiagnosticsDGX | 0.4% | $6m | 28,284 | New |
| Universal DisplayOLED | 0.3% | $5m | 58,009 | -11% |
| Uranium EnergyUEC | 0.3% | $5m | 454,890 | Held |
| i-80 GoldIAUX | 0.3% | $5m | 3,361,767 | +124% |
| BlackberryBB | 0.3% | $4m | 331,996 | -68% |
| Adams Diversified Equity FundADX | 0.2% | $3m | 131,124 | Held |
| Royce Small-Cap TrustRVT | 0.2% | $3m | 150,877 | Held |
| First Carolina Financial ServicesFCBM | 0.2% | $3m | 207,606 | New |
| Columbia Banking SystemCOLB | 0.2% | $3m | 85,556 | -37% |
| Vanguard Index FDSVOE | 0.2% | $3m | 13,700 | Held |
| FerroglobeGSM | 0.2% | $3m | 827,591 | -9% |
| Proshares TRNOBL | 0.2% | $3m | 45,000 | Held |
| Valneva SEVALN | 0.1% | $2m | 354,361 | Held |
| Cleveland-CliffsCLF | <0.1% | $944,568 | 100,593 | Held |
Options (4)
- ServiceNowNOW
- Type
- Call
- Value
- $16m
- Contracts
- 150,000
- MastercardMA
- Type
- Put
- Value
- $10m
- Contracts
- 20,000
- Novo Nordisk A SNVO
- Type
- Call
- Value
- $9m
- Contracts
- 180,800
- Marvell TechnologyMRVL
- Type
- Put
- Value
- $6m
- Contracts
- 30,000
| Company | Type | Value | Contracts |
|---|---|---|---|
| ServiceNowNOW | Call | $16m | 150,000 |
| MastercardMA | Put | $10m | 20,000 |
| Novo Nordisk A SNVO | Call | $9m | 180,800 |
| Marvell TechnologyMRVL | Put | $6m | 30,000 |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 10.8% since 30 June 2025.
Where the money is
Industrials22.0%
Technology20.8%
Financial services12.0%
Health care10.5%
Retail & consumer9.1%
Media & telecom6.6%
Materials5.0%
Everyday goods2.9%
Utilities2.0%
Energy1.8%
Other7.4%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.