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GENERAL AMERICAN INVESTORS CO INC

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13F filer, CIK 40417, NEW YORK, NY

GENERAL AMERICAN INVESTORS CO INC reported $1,560,792,569 across 70 holdings for the quarter ended 2025-06-30, in a 13F-HR filed 2025-08-01. Its ten largest share positions make up 44.47% of the portfolio.

Filed (acceptance time not in the bulk data set), ingested 13F-HR 0000040417-25-000041

Period
2025-06-30
Reported value
$1.56B
Holdings
70
Top 10 weight
44.47%
New
7
Sold out
4

Largest buys vs the previous quarter

SecurityShares changeApprox. value
ANETnew+164,679$16.8M
CRMnew+60,000$16.4M
NVDAadded+101,600$16.1M
SOLVadded+165,000$12.5M
VEEVadded+18,549$5.34M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Largest sells vs the previous quarter

SecurityShares changeApprox. value
GOOGreduced-105,000-$18.6M
RSGreduced-25,000-$6.17M
AEMreduced-50,000-$5.95M
AMATreduced-30,000-$5.49M
EXPEreduced-30,000-$5.06M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Holdings, Q2 2025

Share positions as resolved from 13F-HR 0000040417-25-000041, largest first. % of portfolio is the value over $1,489,292,569, the sum of the share positions whose value is usable for ratios (method).

SecurityHistorySharesValue% of portfolioChangeLatest eventTimeline
MSFTMICROSOFT CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 200,000 shares; 2024Q4: 180,000 shares; 2025Q1: 180,000 shares; 2025Q2: 180,000 shares 180,000$89.5M6.01%0Timeline
RSGREPUBLIC SVCS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 395,625 shares; 2024Q4: 395,625 shares; 2025Q1: 380,625 shares; 2025Q2: 355,625 shares 355,625$87.7M5.89%-25,000Timeline
BRK-ABERKSHIRE HATHAWAY INC DELQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 110 shares; 2024Q4: 110 shares; 2025Q1: 110 shares; 2025Q2: 110 shares 110$80.2M5.38%0Timeline
TJXTJX COS INC NEWQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 525,092 shares; 2024Q4: 525,092 shares; 2025Q1: 525,092 shares; 2025Q2: 525,092 shares 525,092$64.8M4.35%0Timeline
AMZNAMAZON COM INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 286,000 shares; 2024Q4: 286,000 shares; 2025Q1: 286,000 shares; 2025Q2: 286,000 shares 286,000$62.7M4.21%0Timeline
AAPLAPPLE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 316,000 shares; 2024Q4: 316,000 shares; 2025Q1: 291,000 shares; 2025Q2: 291,000 shares 291,000$59.7M4.01%0Timeline
GEVGE VERNOVA INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 110,000 shares; 2024Q4: 110,000 shares; 2025Q1: 110,000 shares; 2025Q2: 110,000 shares 110,000$58.2M3.91%0Timeline
ACGLARCH CAP GROUP LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 600,000 shares; 2024Q4: 600,000 shares; 2025Q1: 600,000 shares; 2025Q2: 600,000 shares 600,000$54.6M3.67%0Timeline
AVGOBROADCOM INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 190,000 shares; 2024Q4: 190,000 shares; 2025Q1: 190,000 shares; 2025Q2: 190,000 shares 190,000$52.4M3.52%0Timeline
GOOGALPHABET INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 419,923 shares; 2024Q4: 409,923 shares; 2025Q1: 399,923 shares; 2025Q2: 294,923 shares 294,923$52.3M3.51%-105,000Timeline
ASMLASML HLDG NVQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 62,000 shares; 2024Q4: 62,000 shares; 2025Q1: 62,000 shares; 2025Q2: 62,000 shares 62,000$49.7M3.34%0Timeline
EGEVEREST GROUP LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 134,686 shares; 2024Q4: 144,286 shares; 2025Q1: 144,286 shares; 2025Q2: 144,286 shares 144,286$49M3.29%0Timeline
AEMAGNICO EAGLE MINES LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 415,000 shares; 2024Q4: 415,000 shares; 2025Q1: 355,000 shares; 2025Q2: 305,000 shares 305,000$36.3M2.44%-50,000Timeline
COSTCOSTCO WHOLESALE CORPORATIONQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 41,000 shares; 2024Q4: 38,500 shares; 2025Q1: 34,500 shares; 2025Q2: 34,500 shares 34,500$34.2M2.29%0Timeline
CCJCAMECO CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 504,230 shares; 2024Q4: 504,230 shares; 2025Q1: 504,230 shares; 2025Q2: 454,230 shares 454,230$33.7M2.26%-50,000Timeline
NNINELNET INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 243,415 shares; 2024Q4: 243,415 shares; 2025Q1: 243,415 shares; 2025Q2: 243,415 shares 243,415$29.5M1.98%0Timeline
SOLVSOLVENTUM CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 207,350 shares; 2024Q4: 207,350 shares; 2025Q1: 212,350 shares; 2025Q2: 377,350 shares 377,350$28.6M1.92%+165,000Timeline
NVDANVIDIA CORPORATIONQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 60,000 shares; 2025Q1: 59,379 shares; 2025Q2: 160,979 shares 160,979$25.4M1.71%+101,600Timeline
TYLTYLER TECHNOLOGIES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 41,381 shares; 2024Q4: 41,381 shares; 2025Q1: 41,381 shares; 2025Q2: 41,381 shares 41,381$24.5M1.65%0Timeline
EXPEEXPEDIA GROUP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 173,157 shares; 2024Q4: 173,157 shares; 2025Q1: 173,157 shares; 2025Q2: 143,157 shares 143,157$24.1M1.62%-30,000Timeline
RTXRTX CORPORATIONQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 165,000 shares; 2024Q4: 165,000 shares; 2025Q1: 165,000 shares; 2025Q2: 165,000 shares 165,000$24.1M1.62%0Timeline
METAMETA PLATFORMS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 22,000 shares; 2024Q4: 27,000 shares; 2025Q1: 27,000 shares; 2025Q2: 32,000 shares 32,000$23.6M1.59%+5,000Timeline
JPMJPMORGAN CHASE & COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 80,000 shares; 2024Q4: 80,000 shares; 2025Q1: 80,000 shares; 2025Q2: 80,000 shares 80,000$23.2M1.56%0Timeline
PEPPEPSICO INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 160,000 shares; 2024Q4: 160,000 shares; 2025Q1: 160,000 shares; 2025Q2: 160,000 shares 160,000$21.1M1.42%0Timeline
TAT&T INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 906,602 shares; 2024Q4: 906,602 shares; 2025Q1: 806,602 shares; 2025Q2: 724,639 shares 724,639$21M1.41%-81,963Timeline
MTBM & T BK CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 101,100 shares; 2024Q4: 101,100 shares; 2025Q1: 101,100 shares; 2025Q2: 101,100 shares 101,100$19.6M1.32%0Timeline
THCTENET HEALTHCARE CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 106,601 shares; 2024Q4: 106,601 shares; 2025Q1: 106,601 shares; 2025Q2: 106,601 shares 106,601$18.8M1.26%0Timeline
ETENERGY TRANSFER L PQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,020,030 shares; 2024Q4: 1,020,030 shares; 2025Q1: 1,020,030 shares; 2025Q2: 1,020,030 shares 1,020,030$18.5M1.24%0Timeline
LHXL3HARRIS TECHNOLOGIES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 60,785 shares; 2024Q4: 70,785 shares; 2025Q1: 70,785 shares; 2025Q2: 70,785 shares 70,785$17.8M1.19%0Timeline
NNNEXTNAV INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,666,948 shares; 2024Q4: 855,000 shares; 2025Q1: 1,120,227 shares; 2025Q2: 1,120,227 shares 1,120,227$17M1.14%0Timeline
ANETARISTA NETWORKS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 164,679 shares 164,679$16.8M1.13%newTimeline
DDOMINION ENERGY INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 290,000 shares; 2024Q4: 290,000 shares; 2025Q1: 290,000 shares; 2025Q2: 290,000 shares 290,000$16.4M1.1%0Timeline
CRMSALESFORCE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 60,000 shares 60,000$16.4M1.1%newTimeline
MRKMERCK & CO INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 204,326 shares; 2024Q4: 204,326 shares; 2025Q1: 204,326 shares; 2025Q2: 204,326 shares 204,326$16.2M1.09%0Timeline
XOMEXXON MOBIL CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 141,100 shares; 2024Q4: 146,100 shares; 2025Q1: 146,100 shares; 2025Q2: 146,100 shares 146,100$15.7M1.06%0Timeline
VEEVVEEVA SYS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 24,457 shares; 2024Q4: 49,457 shares; 2025Q1: 29,457 shares; 2025Q2: 48,006 shares 48,006$13.8M0.93%+18,549Timeline
GILDGILEAD SCIENCES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 144,900 shares; 2024Q4: 119,900 shares; 2025Q1: 119,900 shares; 2025Q2: 119,900 shares 119,900$13.3M0.89%0Timeline
METMETLIFE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 220,327 shares; 2024Q4: 220,327 shares; 2025Q1: 220,327 shares; 2025Q2: 160,327 shares 160,327$12.9M0.87%-60,000Timeline
AGIALAMOS GOLD INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 672,438 shares; 2024Q4: 672,438 shares; 2025Q1: 597,438 shares; 2025Q2: 472,438 shares 472,438$12.5M0.84%-125,000Timeline
PFEPFIZER INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 540,808 shares; 2024Q4: 515,808 shares; 2025Q1: 515,808 shares; 2025Q2: 515,808 shares 515,808$12.5M0.84%0Timeline
CVXCHEVRON CORPORATIONQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 81,991 shares; 2024Q4: 86,391 shares; 2025Q1: 86,391 shares; 2025Q2: 86,391 shares 86,391$12.4M0.83%0Timeline
UBERUBER TECHNOLOGIES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 100,583 shares; 2024Q4: 115,583 shares; 2025Q1: 115,583 shares; 2025Q2: 115,583 shares 115,583$10.8M0.72%0Timeline
ADBEADOBE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 33,500 shares; 2024Q4: 32,500 shares; 2025Q1: 31,006 shares; 2025Q2: 26,006 shares 26,006$10.1M0.68%-5,000Timeline
OLEDUNIVERSAL DISPLAY CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 65,009 shares; 2024Q4: 65,009 shares; 2025Q1: 65,009 shares; 2025Q2: 65,009 shares 65,009$10M0.67%0Timeline
DHRDANAHER CORP DELQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 60,010 shares; 2024Q4: 55,010 shares; 2025Q1: 50,010 shares; 2025Q2: 50,010 shares 50,010$9.88M0.66%0Timeline
VYXNCR VOYIX CORPORATIONQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 541,727 shares; 2025Q2: 827,556 shares 827,556$9.71M0.65%+285,829Timeline
AMGNAMGEN INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 30,000 shares; 2024Q4: 35,000 shares; 2025Q1: 35,000 shares; 2025Q2: 30,000 shares 30,000$8.38M0.56%-5,000Timeline
AMATAPPLIED MATLS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 61,652 shares; 2024Q4: 61,652 shares; 2025Q1: 71,652 shares; 2025Q2: 41,652 shares 41,652$7.63M0.51%-30,000Timeline
UECURANIUM ENERGY CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 1,107,974 shares; 2025Q2: 1,107,974 shares 1,107,974$7.53M0.51%0Timeline
INDIINDIE SEMICONDUCTOR INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,347,393 shares; 2024Q4: 1,095,168 shares; 2025Q1: 1,946,921 shares; 2025Q2: 1,846,921 shares 1,846,921$6.58M0.44%-100,000Timeline
ASTLALGOMA STL GROUP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 816,056 shares; 2024Q4: 816,056 shares; 2025Q1: 816,056 shares; 2025Q2: 816,056 shares 816,056$5.62M0.38%0Timeline
RSPINVESCO EXCHANGE TRADED FD TQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 30,611 shares; 2024Q4: 30,611 shares; 2025Q1: 30,611 shares; 2025Q2: 30,611 shares 30,611$5.56M0.37%0Timeline
IDYAIDEAYA BIOSCIENCES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 90,000 shares; 2024Q4: 120,261 shares; 2025Q1: 260,261 shares; 2025Q2: 260,261 shares 260,261$5.47M0.37%0Timeline
REGNREGENERON PHARMACEUTICALSQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 11,876 shares; 2024Q4: 14,876 shares; 2025Q1: 14,876 shares; 2025Q2: 9,876 shares 9,876$5.18M0.35%-5,000Timeline
SIGASIGA TECHNOLOGIES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 539,738 shares; 2024Q4: 539,738 shares; 2025Q1: 539,738 shares; 2025Q2: 539,738 shares 539,738$3.52M0.24%0Timeline
GSMFERROGLOBE PLCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 957,591 shares; 2024Q4: 957,591 shares; 2025Q1: 957,591 shares; 2025Q2: 957,591 shares 957,591$3.51M0.24%0Timeline
ARCOARCOS DORADOS HLDGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 381,694 shares; 2025Q2: 431,694 shares 431,694$3.41M0.23%+50,000Timeline
ADXADAMS DIVERSIFIED EQUITY FDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 131,124 shares; 2024Q4: 131,124 shares; 2025Q1: 131,124 shares; 2025Q2: 131,124 shares 131,124$2.85M0.19%0Timeline
IAUXI-80 GOLD CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 2,665,199 shares; 2024Q4: 2,979,371 shares; 2025Q1: 3,602,447 shares; 2025Q2: 4,226,993 shares 4,226,993$2.53M0.17%+624,546Timeline
RVTROYCE SMALL CAP TRUST INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 150,877 shares; 2024Q4: 150,877 shares; 2025Q1: 150,877 shares; 2025Q2: 150,877 shares 150,877$2.27M0.15%0Timeline
VOEVANGUARD INDEX FDSQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 13,700 shares; 2024Q4: 13,700 shares; 2025Q1: 13,700 shares; 2025Q2: 13,700 shares 13,700$2.25M0.15%0Timeline
VALNVALNEVA SEQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 354,361 shares; 2024Q4: 354,361 shares; 2025Q1: 354,361 shares; 2025Q2: 354,361 shares 354,361$2M0.13%0Timeline
CLFCLEVELAND-CLIFFS INC NEWQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 243,593 shares; 2024Q4: 243,593 shares; 2025Q1: 243,593 shares; 2025Q2: 243,593 shares 243,593$1.85M0.12%0Timeline
NOBLPROSHARES TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 17,500 shares; 2024Q4: 17,500 shares; 2025Q1: 17,500 shares; 2025Q2: 17,500 shares 17,500$1.76M0.12%0Timeline

Options

Puts and calls, as filed. The amount and value describe the underlying shares, not the option premium, so they stay out of % of portfolio (H5).

SecurityTypeAmountValueChange
MSFTMICROSOFT CORP COMput50,000$22.5Mnew
AVGOBROADCOM INC COMput50,000$12Mnew
TJXTJX COS INC NEW COMput80,000$10Mnew
GEVGE VERNOVA INC COMput20,000$9.6Mnew
CCJCAMECO CORP Stockput140,000$8.8Mnew
AAPLAPPLE INC COMput40,000$8.6M0

Sold out in Q2 2025

Positions in the previous quarter's report that this quarter's report no longer lists.

SecurityShares beforeValue beforeType
NVDANVIDIA CORPORATION75,000$8.62Mcall
ENBENBRIDGE INC140,000$5.95Mput
AGIALAMOS GOLD INC150,000$3.9Mput
INMDINMODE LTD67,784$1.2Mshares

How Q2 2025 was built

Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).

FilingRoleAmendmentFiledAcceptedIngested
13F-HR 0000040417-25-000041 base2025-08-01acceptance time not in the bulk data set