General American Investors Co. Inc.

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 3, 2024), General American Investors Co. Inc. reported 70 stock positions worth $1.3 billion. Its top holding was Microsoft (MSFT) at 6.4% of the portfolio, followed by Republic Services (RSG, 6.4%) and Berkshire Hathaway Class A (BRK.A, 5.2%). Compared with Q4 2023, it opened 8 new positions, sold out of 4, added to 9 and reduced 16. The biggest buy was a new position in Humana (HUM) and the biggest sale an exit from Hess (HES).

Most Recent 13F
Q2 2026
Location
NEW YORK, NY
CIK
0000040417
Portfolio Value
$1.3B (Q1 2024)
SEC Filing
0000040417-24-000032 ↗ filed May 3, 2024

Holdings Value

0$500.0M$1.0B$1.5B$2.0B Q1 2024: $1.3B $1.3B Q1 2024 Q2 2024: $1.4B Q2 2024 Q3 2024: $1.4B Q3 2024 Q4 2024: $1.4B Q4 2024 Q1 2025: $1.3B Q1 2025 Q2 2025: $1.5B Q2 2025 Q3 2025: $1.6B Q3 2025 Q4 2025: $1.6B Q4 2025 Q1 2026: $1.5B Q1 2026 Q2 2026: $1.6B Q2 2026

Holdings 70 stocks · $1.3B
MSFT Microsoft Corp. 6.40% 205,000 $86.2M No change
RSG Republic Services Inc. 6.37% 448,897 $85.9M Reduce -10.0%
BRK.A Berkshire Hathaway Inc. Class A 5.18% 110 $69.8M No change
GOOG Alphabet Inc. Class C 5.03% 444,923 $67.7M No change
ASML ASML Holding NV-NY Reg SHS 5.01% 69,600 $67.5M Reduce -6.7%
ACGL Arch Capital Group Ltd. 4.63% 675,249 $62.4M Reduce -10.0%
AAPL Apple Inc. 4.46% 351,000 $60.2M Add +9.3%
TJX TJX Companies Inc. filed as TJX COS INC NEW 3.95% 525,092 $53.3M No change
AMZN Amazon.com Inc. 3.83% 286,000 $51.6M No change
EG Everest Group Ltd. 3.81% 129,196 $51.4M No change
COST Costco Wholesale Corp. 2.55% 47,000 $34.4M Reduce -11.3%
AEM Agnico Eagle Mines Ltd. 2.38% 538,858 $32.1M No change
AVGO Broadcom Inc. 2.31% 23,500 $31.1M Add +9.3%
PEP Pepsico Inc. 2.08% 160,000 $28.0M No change
MRK Merck & Co. Inc. 2.00% 204,326 $27.0M No change
EXPE Expedia Group Inc. 1.77% 173,157 $23.9M No change
NNI Nelnet Inc. Class A 1.71% 243,415 $23.0M No change
CCJ Cameco Corp. 1.62% 504,230 $21.8M Reduce -13.7%
MTB M & T Bank Corp. filed as M & T BK CORP 1.35% 125,000 $18.2M Add +25.0%
ITCI Intra-Cellular Therapies Inc. 1.34% 260,439 $18.0M No change
MET Metlife Inc. 1.21% 220,327 $16.3M No change
RTX RTX Corp. 1.19% 165,000 $16.1M No change
ET Energy Transfer LP 1.19% 1,020,030 $16.0M No change
JPM JPMorgan Chase & Co. 1.19% 80,000 $16.0M No change
T AT&T Inc. 1.18% 906,602 $16.0M Add +9.0%
TYL Tyler Technologies Inc. 1.15% 36,381 $15.5M No change
ADBE Adobe Inc. 1.12% 30,000 $15.1M Add +20.0%
REGN Regeneron Pharmaceuticals 1.04% 14,576 $14.0M Reduce -12.1%
AGI Alamos Gold Inc. Class A 1.02% 932,438 $13.8M No change
CVX Chevron Corp. 0.96% 81,991 $12.9M No change
HUM Humana Inc. 0.95% 37,000 $12.8M New
D Dominion Energy Inc. 0.95% 260,000 $12.8M New
AMAT Applied Materials Inc. 0.94% 61,652 $12.7M No change
ETN Eaton Corp. PLC 0.94% 40,500 $12.7M No change
DHR Danaher Corp. 0.93% 50,010 $12.5M No change
THC Tenet Healthcare Corp. 0.86% 110,000 $11.6M No change
NN Nextnav Inc. 0.81% 1,666,915 $11.0M No change
OLED Universal Display Corp. 0.81% 65,009 $11.0M No change
XOM Exxon Mobil Corp. 0.80% 93,100 $10.8M New
META Meta Platforms Inc. Class A 0.79% 22,000 $10.7M No change
VAL Valaris Ltd. 0.76% 136,106 $10.2M New
PFE Pfizer Inc. 0.75% 365,808 $10.2M No change
AXS Axis Capital Holdings Ltd. 0.74% 153,624 $10.0M Reduce -24.6%
STVN Stevanato Group SPA 0.71% 300,000 $9.6M New
MDT Medtronic PLC 0.69% 107,403 $9.4M Add +2.3%
GILD Gilead Sciences Inc. 0.65% 119,900 $8.8M No change
TMUS T-Mobile US Inc. 0.61% 50,000 $8.2M Reduce -13.6%
CI The Cigna Group 0.54% 20,000 $7.3M Reduce -52.9%
AMGN Amgen Inc. 0.53% 25,000 $7.1M New
ASTL Algoma Steel Group Inc. 0.51% 816,056 $6.9M No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.51% 56,478 $6.9M Reduce -34.7%
CSCO Cisco Systems Inc. 0.51% 138,260 $6.9M Reduce -26.6%
GM General Motors Co. 0.50% 150,000 $6.8M New
SIGA Siga Technologies Inc. 0.47% 741,727 $6.3M Reduce -6.5%
CLF Cleveland-Cliffs Inc. 0.41% 243,593 $5.5M No change
GSM Ferroglobe PLC 0.39% 1,057,591 $5.3M Add +13.9%
INDI Indie Semiconductor Inc. Class A 0.36% 694,895 $4.9M Reduce -2.8%
RSP Invesco S&P 500 Equal Weight 0.35% 28,111 $4.8M No change
AB Alliancebernstein Holding LP 0.31% 122,066 $4.2M Reduce -9.6%
NEM Newmont Corp. 0.31% 115,201 $4.1M Add +154.9%
RIG Transocean Ltd. 0.28% 600,000 $3.8M New
ANGI Angi Inc. 0.26% 1,333,704 $3.5M Reduce -7.0%
ADX Adams Diversified Equity 0.25% 169,819 $3.3M No change
VALN Valneva SE - ADR 0.21% 354,361 $2.8M Add +2.7%
RVT Royce Small-Cap Trust Inc. 0.17% 150,877 $2.3M No change
NOBL Proshares S&P 500 Dividend A 0.13% 17,500 $1.8M No change
VOE Vngrd Mrngstr MD-Cap Val ETF 0.13% 11,000 $1.7M No change
AEHR Aehr Test Systems 0.05% 49,497 $614K Reduce -50.3%
QSI Quantum-Si Inc. 0.04% 294,350 $580K No change
ICAD Icad Inc. 0.02% 200,434 $323K No change

Options reported separately and not counted above: RSG puts ($17.7M), COST puts ($11.1M), AAPL puts ($8.5M), GM puts ($7.8M), FAST puts ($5.8M).

Portfolio Sells Q4 2023 → Q1 2024
HES Hess Corp. Sold out 0.00% −0.99
CI The Cigna Group Reduce -52.9% 0.54% −0.51
BBWI Bath & Body Works Inc. Sold out 0.00% −0.50
CCJ Cameco Corp. Reduce -13.7% 1.62% −0.46
RSG Republic Services Inc. Reduce -10.0% 6.37% −0.42
HUN Huntsman Corp. Sold out 0.00% −0.41
X United States Steel Corp. Sold out 0.00% −0.34
COST Costco Wholesale Corp. Reduce -11.3% 2.55% −0.34
CSCO Cisco Systems Inc. Reduce -26.6% 0.51% −0.27
AXS Axis Capital Holdings Ltd. Reduce -24.6% 0.74% −0.19
AEHR Aehr Test Systems Reduce -50.3% 0.05% −0.17
REGN Regeneron Pharmaceuticals Reduce -12.1% 1.04% −0.16
TMUS T-Mobile US Inc. Reduce -13.6% 0.61% −0.16
DIS The Walt Disney Co. Reduce -34.7% 0.51% −0.13
INDI Indie Semiconductor Inc. Class A Reduce -2.8% 0.36% −0.11
ANGI Angi Inc. Reduce -7.0% 0.26% −0.04
AB Alliancebernstein Holding LP Reduce -9.6% 0.31% −0.03
ACGL Arch Capital Group Ltd. Reduce -10.0% 4.63% +0.03
SIGA Siga Technologies Inc. Reduce -6.5% 0.47% +0.10
ASML ASML Holding NV-NY Reg SHS Reduce -6.7% 5.01% +0.34

Portfolio Buys Q4 2023 → Q1 2024
HUM Humana Inc. New 0.95% +0.95
D Dominion Energy Inc. New 0.95% +0.95
XOM Exxon Mobil Corp. New 0.80% +0.80
VAL Valaris Ltd. New 0.76% +0.76
STVN Stevanato Group SPA New 0.71% +0.71
AMGN Amgen Inc. New 0.53% +0.53
GM General Motors Co. New 0.50% +0.50
AVGO Broadcom Inc. Add +9.3% 2.31% +0.33
RIG Transocean Ltd. New 0.28% +0.28
MTB M & T Bank Corp. Add +25.0% 1.35% +0.22
NEM Newmont Corp. Add +154.9% 0.31% +0.15
T AT&T Inc. Add +9.0% 1.18% +0.03
MDT Medtronic PLC Add +2.3% 0.69% −0.02
VALN Valneva SE - ADR Add +2.7% 0.21% −0.08
GSM Ferroglobe PLC Add +13.9% 0.39% −0.11
ADBE Adobe Inc. Add +20.0% 1.12% −0.11
AAPL Apple Inc. Add +9.3% 4.46% −0.64

Options Activity Q4 2023 → Q1 2024
RSG Republic Services Inc. put Add +96.4% 98,200 $17.7M
ASML ASML Holding NV-NY Reg SHS put Sold out 20,000 $14.0Mbefore exit
COST Costco Wholesale Corp. put New 15,000 $11.1M
TMUS T-Mobile US Inc. put Sold out 68,300 $10.6Mbefore exit
AAPL Apple Inc. put Reduce -37.5% 50,000 $8.5M
GM General Motors Co. put New 200,000 $7.8M
FAST Fastenal Co. put New 82,200 $5.8M
MTB M & T Bank Corp. call Sold out 25,000 $3.3Mbefore exit
CCJ Cameco Corp. put Sold out 66,200 $2.6Mbefore exit

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 69$1.6BASML, GEV, BRK.A, AAPL, GOOG
Q1 2026 68$1.5BGEV, BRK.A, TJX, RSG, ASML
Q4 2025 68$1.6BGOOG, MSFT, BRK.A, TJX, RSG
Q3 2025 67$1.6BMSFT, BRK.A, RSG, TJX, GOOG
Q2 2025 64$1.5BMSFT, RSG, BRK.A, TJX, AMZN
Q1 2025 63$1.3BRSG, BRK.A, MSFT, AAPL, TJX
Q4 2024 62$1.4BRSG, AAPL, GOOG, MSFT, BRK.A
Q3 2024 70$1.4BMSFT, RSG, BRK.A, AAPL, GOOG
Q2 2024 70$1.4BMSFT, RSG, GOOG, ASML, BRK.A
Q1 2024 70$1.3BMSFT, RSG, BRK.A, GOOG, ASML