General American Investors Co. Inc.

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 1, 2025), General American Investors Co. Inc. reported 64 stock positions worth $1.5 billion. Its top holding was Microsoft (MSFT) at 6.0% of the portfolio, followed by Republic Services (RSG, 5.9%) and Berkshire Hathaway Class A (BRK.A, 5.4%). Compared with Q1 2025, it opened 2 new positions, sold out of 1, added to 7 and reduced 13. The biggest buy was Nvidia (NVDA, shares +171%) and the biggest sale Alphabet Class C (GOOG, shares −26%).

Most Recent 13F
Q2 2026
Location
NEW YORK, NY
CIK
0000040417
Portfolio Value
$1.5B (Q2 2025)
SEC Filing
0000040417-25-000041 ↗ filed Aug 1, 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 Q1 2025 Q2 2025: $1.5B $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 64 stocks · $1.5B
MSFT Microsoft Corp. 6.01% 180,000 $89.5M No change
RSG Republic Services Inc. 5.89% 355,625 $87.7M Reduce -6.6%
BRK.A Berkshire Hathaway Inc. Class A 5.38% 110 $80.2M No change
TJX TJX Companies Inc. filed as TJX COS INC NEW 4.35% 525,092 $64.8M No change
AMZN Amazon.com Inc. 4.21% 286,000 $62.7M No change
AAPL Apple Inc. 4.01% 291,000 $59.7M No change
GEV GE Vernova Inc. 3.91% 110,000 $58.2M No change
ACGL Arch Capital Group Ltd. 3.67% 600,000 $54.6M No change
AVGO Broadcom Inc. 3.52% 190,000 $52.4M No change
GOOG Alphabet Inc. Class C 3.51% 294,923 $52.3M Reduce -26.3%
ASML ASML Holding NV-NY Reg SHS 3.34% 62,000 $49.7M No change
EG Everest Group Ltd. 3.29% 144,286 $49.0M No change
AEM Agnico Eagle Mines Ltd. 2.44% 305,000 $36.3M Reduce -14.1%
COST Costco Wholesale Corp. 2.29% 34,500 $34.2M No change
CCJ Cameco Corp. 2.26% 454,230 $33.7M Reduce -9.9%
NNI Nelnet Inc. Class A 1.98% 243,415 $29.5M No change
SOLV Solventum Corp. 1.92% 377,350 $28.6M Add +77.7%
NVDA Nvidia Corp. 1.71% 160,979 $25.4M Add +171.1%
TYL Tyler Technologies Inc. 1.65% 41,381 $24.5M No change
EXPE Expedia Group Inc. 1.62% 143,157 $24.1M Reduce -17.3%
RTX RTX Corp. 1.62% 165,000 $24.1M No change
META Meta Platforms Inc. Class A 1.59% 32,000 $23.6M Add +18.5%
JPM JPMorgan Chase & Co. 1.56% 80,000 $23.2M No change
PEP Pepsico Inc. 1.42% 160,000 $21.1M No change
T AT&T Inc. 1.41% 724,639 $21.0M Reduce -10.2%
MTB M & T Bank Corp. filed as M & T BK CORP 1.32% 101,100 $19.6M No change
THC Tenet Healthcare Corp. 1.26% 106,601 $18.8M No change
ET Energy Transfer LP 1.24% 1,020,030 $18.5M No change
LHX L3HARRIS Technologies Inc. 1.19% 70,785 $17.8M No change
NN Nextnav Inc. 1.14% 1,120,227 $17.0M No change
ANET Arista Networks Inc. 1.13% 164,679 $16.8M New
D Dominion Energy Inc. 1.10% 290,000 $16.4M No change
CRM Salesforce Inc. 1.10% 60,000 $16.4M New
MRK Merck & Co. Inc. 1.09% 204,326 $16.2M No change
XOM Exxon Mobil Corp. 1.06% 146,100 $15.7M No change
VEEV Veeva Systems Inc. Class A 0.93% 48,006 $13.8M Add +63.0%
GILD Gilead Sciences Inc. 0.89% 119,900 $13.3M No change
MET Metlife Inc. 0.87% 160,327 $12.9M Reduce -27.2%
AGI Alamos Gold Inc. Class A 0.84% 472,438 $12.5M Reduce -20.9%
PFE Pfizer Inc. 0.84% 515,808 $12.5M No change
CVX Chevron Corp. 0.83% 86,391 $12.4M No change
UBER Uber Technologies Inc. 0.72% 115,583 $10.8M No change
ADBE Adobe Inc. 0.68% 26,006 $10.1M Reduce -16.1%
OLED Universal Display Corp. 0.67% 65,009 $10.0M No change
DHR Danaher Corp. 0.66% 50,010 $9.9M No change
VYX NCR Voyix Corp. 0.65% 827,556 $9.7M Add +52.8%
AMGN Amgen Inc. 0.56% 30,000 $8.4M Reduce -14.3%
AMAT Applied Materials Inc. 0.51% 41,652 $7.6M Reduce -41.9%
UEC Uranium Energy Corp. 0.51% 1,107,974 $7.5M No change
INDI Indie Semiconductor Inc. Class A 0.44% 1,846,921 $6.6M Reduce -5.1%
ASTL Algoma Steel Group Inc. 0.38% 816,056 $5.6M No change
RSP Invesco S&P 500 Equal Weight 0.37% 30,611 $5.6M No change
IDYA Ideaya Biosciences Inc. 0.37% 260,261 $5.5M No change
REGN Regeneron Pharmaceuticals 0.35% 9,876 $5.2M Reduce -33.6%
SIGA Siga Technologies Inc. 0.24% 539,738 $3.5M No change
GSM Ferroglobe PLC 0.24% 957,591 $3.5M No change
ARCO Arcos Dorados Holdings Inc. Class A 0.23% 431,694 $3.4M Add +13.1%
ADX Adams Diversified Equity 0.19% 131,124 $2.8M No change
IAUX I-80 Gold Corp. 0.17% 4,226,993 $2.5M Add +17.3%
RVT Royce Small-Cap Trust Inc. 0.15% 150,877 $2.3M No change
VOE Vngrd Mrngstr MD-Cap Val ETF 0.15% 13,700 $2.3M No change
VALN Valneva SE - ADR 0.13% 354,361 $2.0M No change
CLF Cleveland-Cliffs Inc. 0.12% 243,593 $1.9M No change
NOBL Proshares S&P 500 Dividend A 0.12% 17,500 $1.8M No change

Options reported separately and not counted above: MSFT puts ($22.5M), AVGO puts ($12.0M), TJX puts ($10.0M), GEV puts ($9.6M), CCJ puts ($8.8M), AAPL puts ($8.6M).

Portfolio Sells Q1 2025 → Q2 2025
GOOG Alphabet Inc. Class C Reduce -26.3% 3.51% −1.13
RSG Republic Services Inc. Reduce -6.6% 5.89% −0.96
EXPE Expedia Group Inc. Reduce -17.3% 1.62% −0.54
MET Metlife Inc. Reduce -27.2% 0.87% −0.45
AEM Agnico Eagle Mines Ltd. Reduce -14.1% 2.44% −0.42
REGN Regeneron Pharmaceuticals Reduce -33.6% 0.35% −0.35
AGI Alamos Gold Inc. Class A Reduce -20.9% 0.84% −0.34
T AT&T Inc. Reduce -10.2% 1.41% −0.29
AMAT Applied Materials Inc. Reduce -41.9% 0.51% −0.26
AMGN Amgen Inc. Reduce -14.3% 0.56% −0.25
ADBE Adobe Inc. Reduce -16.1% 0.68% −0.21
INMD Inmode Ltd. Sold out 0.00% −0.09
INDI Indie Semiconductor Inc. Class A Reduce -5.1% 0.44% +0.15
CCJ Cameco Corp. Reduce -9.9% 2.26% +0.72

Portfolio Buys Q1 2025 → Q2 2025
NVDA Nvidia Corp. Add +171.1% 1.71% +1.23
ANET Arista Networks Inc. New 1.13% +1.13
CRM Salesforce Inc. New 1.10% +1.10
SOLV Solventum Corp. Add +77.7% 1.92% +0.72
META Meta Platforms Inc. Class A Add +18.5% 1.59% +0.43
VEEV Veeva Systems Inc. Class A Add +63.0% 0.93% +0.42
VYX NCR Voyix Corp. Add +52.8% 0.65% +0.26
IAUX I-80 Gold Corp. Add +17.3% 0.17% +0.01
ARCO Arcos Dorados Holdings Inc. Class A Add +13.1% 0.23% +0.00

Options Activity Q1 2025 → Q2 2025
MSFT Microsoft Corp. put New 50,000 $22.5M
AVGO Broadcom Inc. put New 50,000 $12.0M
TJX TJX Companies Inc. put New 80,000 $10.0M
GEV GE Vernova Inc. put New 20,000 $9.6M
CCJ Cameco Corp. put New 140,000 $8.8M
NVDA Nvidia Corp. call Sold out 75,000 $8.6Mbefore exit
ENB Enbridge Inc. put Sold out 140,000 $6.0Mbefore exit
AGI Alamos Gold Inc. Class A put Sold out 150,000 $3.9Mbefore 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