Business Context and Reporting Period
Company: GENERAL AMERICAN INVESTORS CO INC
Filing Type: Form 13F Information Table
Reporting Period: March 31, 2026
Context: This filing discloses the equity securities held by the investment manager as of the end of the reporting period. The filing lists 68 distinct holdings, primarily consisting of common stock (COM) with sole voting authority. One holding includes call options.
Key Financial Metrics and Portfolio Composition
The filing provides a snapshot of portfolio holdings rather than the company's own financial statements (revenue, profit, cash flow). Key metrics derived from the table include:
- Total Holdings Listed: 68 issuers.
- Largest Holdings by Value:
- Republic Services, Inc.: $73,508,588
- ASML Holding N.V.: $72,645,650
- TJX Companies, Inc.: $77,414,894
- Berkshire Hathaway Inc.: $78,995,400
- GE Vernova Inc.: $79,433,900
- Notable Small Positions: Berkshire Hathaway Inc. (110 shares), Expedia Group, Inc. (5,000 shares).
- Derivatives: One position in Uber Technologies, Inc. Call Options valued at $8,000,000.
- Voting Authority: All listed positions are reported as "SOLE" discretion.
Material Changes Versus Prior Period
The filing text does not provide data for the prior comparable period (e.g., December 31, 2025). Consequently, material changes in holdings, additions, or deletions cannot be determined from this document alone.
Guidance, Outlook, and Risks
Guidance and Outlook: The filing text does not contain management commentary, forward-looking guidance, or strategic outlook.
Risks and Contingencies: No specific risks or contingencies are disclosed in this filing. The standard SEC disclaimer notes that the Commission has not reviewed the information for accuracy or completeness.
Unusual Items: The portfolio includes a mix of large-cap technology (Apple, Microsoft, NVIDIA), energy (Chevron, Exxon Mobil, Cameco), and specialized sectors (Uranium Energy Corp, ARS Pharmaceuticals). The presence of a significant call option position on Uber Technologies is noted.
Important Facts for Investor Verification
- Verify the total portfolio value by summing the "VALUE" column, as the filing lists individual positions but does not explicitly state the aggregate portfolio value.
- Confirm the concentration risk by calculating the percentage of the total portfolio represented by the top 5 holdings (GE Vernova, Berkshire Hathaway, TJX, ASML, Republic Services).
- Review the specific terms of the Uber Technologies, Inc. call option (expiration date, strike price) which are not detailed in this summary table.
- Compare these holdings against the prior quarter's 13F filing to identify significant turnover or strategic shifts.
- Note that the filing date (March 31, 2026) is in the future relative to the current real-time date; verify if this is a hypothetical scenario or a data entry error in the source metadata.