General American Investors Co. Inc.

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 2, 2025), General American Investors Co. Inc. reported 63 stock positions worth $1.3 billion. Its top holding was Republic Services (RSG) at 6.8% of the portfolio, followed by Berkshire Hathaway Class A (BRK.A, 6.5%) and Microsoft (MSFT, 5.0%). Compared with Q4 2024, it opened 4 new positions, sold out of 3, added to 6 and reduced 11. The biggest buy was a new position in Uranium Energy (UEC) and the biggest sale an exit from Intra-Cellular Therapies (ITCI).

Most Recent 13F
Q2 2026
Location
NEW YORK, NY
CIK
0000040417
Portfolio Value
$1.3B (Q1 2025)
SEC Filing
0000040417-25-000034 ↗ filed May 2, 2025

Holdings Value

0$500.0M$1.0B$1.5B$2.0B Q1 2024: $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 $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 63 stocks · $1.3B
RSG Republic Services Inc. 6.85% 380,625 $92.2M Reduce -3.8%
BRK.A Berkshire Hathaway Inc. Class A 6.52% 110 $87.8M No change
MSFT Microsoft Corp. 5.02% 180,000 $67.6M No change
AAPL Apple Inc. 4.80% 291,000 $64.6M Reduce -7.9%
TJX TJX Companies Inc. filed as TJX COS INC NEW 4.75% 525,092 $64.0M No change
GOOG Alphabet Inc. Class C 4.64% 399,923 $62.5M Reduce -2.4%
ACGL Arch Capital Group Ltd. 4.29% 600,000 $57.7M No change
AMZN Amazon.com Inc. 4.04% 286,000 $54.4M No change
EG Everest Group Ltd. 3.89% 144,286 $52.4M No change
ASML ASML Holding NV-NY Reg SHS 3.05% 62,000 $41.1M No change
AEM Agnico Eagle Mines Ltd. 2.86% 355,000 $38.5M Reduce -14.5%
GEV GE Vernova Inc. 2.49% 110,000 $33.6M No change
COST Costco Wholesale Corp. 2.42% 34,500 $32.6M Reduce -10.4%
AVGO Broadcom Inc. 2.36% 190,000 $31.8M No change
EXPE Expedia Group Inc. 2.16% 173,157 $29.1M No change
NNI Nelnet Inc. Class A 2.01% 243,415 $27.0M No change
TYL Tyler Technologies Inc. 1.79% 41,381 $24.1M No change
PEP Pepsico Inc. 1.78% 160,000 $24.0M No change
T AT&T Inc. 1.69% 806,602 $22.8M Reduce -11.0%
RTX RTX Corp. 1.62% 165,000 $21.9M No change
CCJ Cameco Corp. 1.54% 504,230 $20.8M No change
JPM JPMorgan Chase & Co. 1.46% 80,000 $19.6M No change
ET Energy Transfer LP 1.41% 1,020,030 $19.0M No change
MRK Merck & Co. Inc. 1.36% 204,326 $18.3M No change
MTB M & T Bank Corp. filed as M & T BK CORP 1.34% 101,100 $18.1M No change
MET Metlife Inc. 1.31% 220,327 $17.7M No change
XOM Exxon Mobil Corp. 1.29% 146,100 $17.4M No change
D Dominion Energy Inc. 1.21% 290,000 $16.3M No change
SOLV Solventum Corp. 1.20% 212,350 $16.1M Add +2.4%
AGI Alamos Gold Inc. Class A 1.19% 597,438 $16.0M Reduce -11.2%
META Meta Platforms Inc. Class A 1.16% 27,000 $15.6M No change
LHX L3HARRIS Technologies Inc. 1.10% 70,785 $14.8M No change
CVX Chevron Corp. 1.07% 86,391 $14.5M No change
THC Tenet Healthcare Corp. 1.07% 106,601 $14.3M No change
NN Nextnav Inc. 1.01% 1,120,227 $13.6M Add +31.0%
GILD Gilead Sciences Inc. 1.00% 119,900 $13.4M No change
PFE Pfizer Inc. 0.97% 515,808 $13.1M No change
ADBE Adobe Inc. 0.88% 31,006 $11.9M Reduce -4.6%
AMGN Amgen Inc. 0.81% 35,000 $10.9M No change
AMAT Applied Materials Inc. 0.77% 71,652 $10.4M Add +16.2%
DHR Danaher Corp. 0.76% 50,010 $10.3M Reduce -9.1%
REGN Regeneron Pharmaceuticals 0.70% 14,876 $9.4M No change
OLED Universal Display Corp. 0.67% 65,009 $9.1M No change
UBER Uber Technologies Inc. 0.63% 115,583 $8.4M No change
VEEV Veeva Systems Inc. Class A 0.51% 29,457 $6.8M Reduce -40.4%
NVDA Nvidia Corp. 0.48% 59,379 $6.4M Reduce -1.0%
RSP Invesco S&P 500 Equal Weight 0.39% 30,611 $5.3M No change
UEC Uranium Energy Corp. 0.39% 1,107,974 $5.3M New
VYX NCR Voyix Corp. 0.39% 541,727 $5.3M New
ASTL Algoma Steel Group Inc. 0.33% 816,056 $4.4M No change
IDYA Ideaya Biosciences Inc. 0.32% 260,261 $4.3M Add +116.4%
INDI Indie Semiconductor Inc. Class A 0.29% 1,946,921 $4.0M Add +77.8%
GSM Ferroglobe PLC 0.26% 957,591 $3.6M No change
ARCO Arcos Dorados Holdings Inc. Class A 0.23% 381,694 $3.1M New
SIGA Siga Technologies Inc. 0.22% 539,738 $3.0M No change
ADX Adams Diversified Equity 0.18% 131,124 $2.5M No change
VALN Valneva SE - ADR 0.18% 354,361 $2.4M No change
VOE Vngrd Mrngstr MD-Cap Val ETF 0.16% 13,700 $2.2M No change
RVT Royce Small-Cap Trust Inc. 0.16% 150,877 $2.1M No change
IAUX I-80 Gold Corp. 0.16% 3,602,447 $2.1M Add +20.9%
CLF Cleveland-Cliffs Inc. 0.15% 243,593 $2.0M No change
NOBL Proshares S&P 500 Dividend A 0.13% 17,500 $1.8M No change
INMD Inmode Ltd. 0.09% 67,784 $1.2M New

Options reported separately and not counted above: NVDA calls ($8.6M), AAPL puts ($8.6M), ENB puts ($6.0M), AGI puts ($3.9M).

Portfolio Sells Q4 2024 → Q1 2025
ITCI Intra-Cellular Therapies Inc. Sold out 0.00% −1.56
GOOG Alphabet Inc. Class C Reduce -2.4% 4.64% −0.93
AAPL Apple Inc. Reduce -7.9% 4.80% −0.85
CSCO Cisco Systems Inc. Sold out 0.00% −0.58
CI The Cigna Group Sold out 0.00% −0.30
VEEV Veeva Systems Inc. Class A Reduce -40.4% 0.51% −0.24
ADBE Adobe Inc. Reduce -4.6% 0.88% −0.15
DHR Danaher Corp. Reduce -9.1% 0.76% −0.14
NVDA Nvidia Corp. Reduce -1.0% 0.48% −0.10
COST Costco Wholesale Corp. Reduce -10.4% 2.42% −0.09
T AT&T Inc. Reduce -11.0% 1.69% +0.22
AGI Alamos Gold Inc. Class A Reduce -11.2% 1.19% +0.30
AEM Agnico Eagle Mines Ltd. Reduce -14.5% 2.86% +0.54
RSG Republic Services Inc. Reduce -3.8% 6.85% +1.17

Portfolio Buys Q4 2024 → Q1 2025
UEC Uranium Energy Corp. New 0.39% +0.39
VYX NCR Voyix Corp. New 0.39% +0.39
ARCO Arcos Dorados Holdings Inc. Class A New 0.23% +0.23
SOLV Solventum Corp. Add +2.4% 1.20% +0.22
IDYA Ideaya Biosciences Inc. Add +116.4% 0.32% +0.10
INMD Inmode Ltd. New 0.09% +0.09
NN Nextnav Inc. Add +31.0% 1.01% +0.06
AMAT Applied Materials Inc. Add +16.2% 0.77% +0.06
IAUX I-80 Gold Corp. Add +20.9% 0.16% +0.05
INDI Indie Semiconductor Inc. Class A Add +77.8% 0.29% −0.02

Options Activity Q4 2024 → Q1 2025
ET Energy Transfer LP put Sold out 1,000,000 $18.0Mbefore exit
NVDA Nvidia Corp. call Reduce -50.0% 75,000 $8.6M
AAPL Apple Inc. put New 40,000 $8.6M
ENB Enbridge Inc. put New 140,000 $6.0M
AGI Alamos Gold Inc. Class A put New 150,000 $3.9M

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