# EDGAR Filing Document

**Accession Number:** 0000040417
**File Stem:** 0000040417-26-000043
**Filing Date:** 2026-5
**Character Count:** 10663
**Document Hash:** 5e86801476f96634c51efa1434ff6204
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000040417-26-000043.hdr.sgml**: 20260501

**ACCESSION NUMBER**: 0000040417-26-000043

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260501

**DATE AS OF CHANGE**: 20260501

**EFFECTIVENESS DATE**: 20260501

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** GENERAL AMERICAN INVESTORS CO INC
- **CENTRAL INDEX KEY:** 0000040417

**ORGANIZATION NAME:**
- **EIN:** 135098450
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-00461
- **FILM NUMBER:** 26933037

**BUSINESS ADDRESS:**
- **STREET 1:** 530 FIFTH AVE
- **STREET 2:** 26TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10036
- **BUSINESS PHONE:** 2129168400

**MAIL ADDRESS:**
- **STREET 1:** 530 FIFTH AVE
- **STREET 2:** 26TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10036

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 03-31-2026

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** GENERAL AMERICAN INVESTORS CO INC<br>**Address:** 530 FIFTH AVE<br>26TH FLOOR<br>NEW YORK, NY 10036

**Form 13F File Number:** 028-00461

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** Eugene S. Stark<br>**Title:** Vice President Administration PFO CCO<br>**Phone:** 212-916-8447

**Signature, Place, and Date of Signing:**

/s/ Eugene S. Stark  New York, NY  05-01-2026<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 69

**Form 13F Information Table Value Total:** $1520743450

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

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|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| Adams Diversified Equity Fund | COM | 006212104 |  | 2870304 | 131124 | SH |  | SOLE |  | 131124 | 0 | 0 |
| Agnico Eagle Mines Limited | COM | 008474108 |  | 38418431 | 189272 | SH |  | SOLE |  | 189272 | 0 | 0 |
| Alamos Gold Inc. - Class A | COM | 011532108 |  | 9384460 | 211219 | SH |  | SOLE |  | 211219 | 0 | 0 |
| Alphabet Inc. - Class C | COM | 02079K107 |  | 60218512 | 209923 | SH |  | SOLE |  | 209923 | 0 | 0 |
| Amazon.com Inc. | COM | 023135106 |  | 59565220 | 286000 | SH |  | SOLE |  | 286000 | 0 | 0 |
| American Electric Power Compan | COM | 025537101 |  | 13108000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| Amgen Inc. | COM | 031162100 |  | 10555500 | 30000 | SH |  | SOLE |  | 30000 | 0 | 0 |
| Apple Inc. | COM | 037833100 |  | 67433272 | 265705 | SH |  | SOLE |  | 265705 | 0 | 0 |
| Applied Materials Inc. | COM | 038222105 |  | 14236237 | 41652 | SH |  | SOLE |  | 41652 | 0 | 0 |
| Arch Capital Group Ltd. | COM | G0450A105 |  | 50893898 | 530200 | SH |  | SOLE |  | 530200 | 0 | 0 |
| Arcos Dorados Holdings Inc. Cl | COM | G0457F107 |  | 7838969 | 950178 | SH |  | SOLE |  | 950178 | 0 | 0 |
| Arista Networks Inc. | COM | 040413205 |  | 15364935 | 125142 | SH |  | SOLE |  | 125142 | 0 | 0 |
| ARS Pharmaceuticals Inc | COM | 82835W108 |  | 5839047 | 727154 | SH |  | SOLE |  | 727154 | 0 | 0 |
| ASML Holding N.V. | COM | N07059210 |  | 72645650 | 55000 | SH |  | SOLE |  | 55000 | 0 | 0 |
| AT Inc. | COM | 00206R102 |  | 22456785 | 774639 | SH |  | SOLE |  | 774639 | 0 | 0 |
| Berkshire Hathaway Inc. - Clas | COM | 084670108 |  | 78995400 | 110 | SH |  | SOLE |  | 110 | 0 | 0 |
| BlackBerry Ltd | COM | 09228F103 |  | 3327467 | 1026996 | SH |  | SOLE |  | 1026996 | 0 | 0 |
| Boeing Company/The | COM | 097023105 |  | 10360308 | 52054 | SH |  | SOLE |  | 52054 | 0 | 0 |
| Broadcom Inc. | COM | 11135F101 |  | 42712380 | 138000 | SH |  | SOLE |  | 138000 | 0 | 0 |
| Cameco Corporation | COM | 13321L108 |  | 36843770 | 339230 | SH |  | SOLE |  | 339230 | 0 | 0 |
| Chevron Corporation | COM | 166764100 |  | 17874298 | 86391 | SH |  | SOLE |  | 86391 | 0 | 0 |
| Cleveland-Cliffs Inc. | COM | 185899101 |  | 850011 | 100593 | SH |  | SOLE |  | 100593 | 0 | 0 |
| Columbia Banking System Inc. | COM | 197236102 |  | 3718301 | 135556 | SH |  | SOLE |  | 135556 | 0 | 0 |
| Costco Wholesale Corporation | COM | 22160K105 |  | 32882190 | 33000 | SH |  | SOLE |  | 33000 | 0 | 0 |
| Dominion Energy Inc. | COM | 25746U109 |  | 17927800 | 290000 | SH |  | SOLE |  | 290000 | 0 | 0 |
| Energy Transfer LP | COM | 29273V100 |  | 19686579 | 1020030 | SH |  | SOLE |  | 1020030 | 0 | 0 |
| Everest Group Ltd. | COM | G3223R108 |  | 42227713 | 129196 | SH |  | SOLE |  | 129196 | 0 | 0 |
| Expedia Group Inc. | COM | 30212P303 |  | 1154450 | 5000 | SH |  | SOLE |  | 5000 | 0 | 0 |
| Exxon Mobil Corporation | COM | 30231G102 |  | 19527866 | 115100 | SH |  | SOLE |  | 115100 | 0 | 0 |
| Ferroglobe PLC | COM | G33856108 |  | 3739275 | 907591 | SH |  | SOLE |  | 907591 | 0 | 0 |
| GE Vernova Inc. | COM | 36828A101 |  | 79433900 | 91000 | SH |  | SOLE |  | 91000 | 0 | 0 |
| Gilead Sciences Inc. | COM | 375558103 |  | 16710463 | 119900 | SH |  | SOLE |  | 119900 | 0 | 0 |
| i-80 Gold Corp. | COM | 44955L106 |  | 2280000 | 1500000 | SH |  | SOLE |  | 1500000 | 0 | 0 |
| IDEAYA Biosciences Inc. | COM | 45166A102 |  | 9338297 | 280261 | SH |  | SOLE |  | 280261 | 0 | 0 |
| indie Semiconductor Inc. - Cl | COM | 45569U101 |  | 5972614 | 1854849 | SH |  | SOLE |  | 1854849 | 0 | 0 |
| Invesco S Equal Weight | COM | 46137V357 |  | 5874863 | 30611 | SH |  | SOLE |  | 30611 | 0 | 0 |
| JPMorgan Chase  Co. | COM | 46625H100 |  | 23532800 | 80000 | SH |  | SOLE |  | 80000 | 0 | 0 |
| L3Harris Technologies Inc. | COM | 502431109 |  | 22705693 | 65785 | SH |  | SOLE |  | 65785 | 0 | 0 |
| M Bank Corporation | COM | 55261F104 |  | 20899392 | 101100 | SH |  | SOLE |  | 101100 | 0 | 0 |
| Maravai LifeSciences Holdings | COM | 56600D107 |  | 4856826 | 1716193 | SH |  | SOLE |  | 1716193 | 0 | 0 |
| Marvell Technology Inc. | COM | 573874104 |  | 15055600 | 152000 | SH |  | SOLE |  | 152000 | 0 | 0 |
| Merck  Co. Inc. | COM | 58933Y105 |  | 24578375 | 204326 | SH |  | SOLE |  | 204326 | 0 | 0 |
| Meta Platforms Inc. - Class A | COM | 30303M102 |  | 18308160 | 32000 | SH |  | SOLE |  | 32000 | 0 | 0 |
| MetLife Inc. | COM | 59156R108 |  | 6387925 | 90327 | SH |  | SOLE |  | 90327 | 0 | 0 |
| Microsoft Corporation | COM | 594918104 |  | 46789488 | 126400 | SH |  | SOLE |  | 126400 | 0 | 0 |
| NCR Voyix Corporation | COM | 62886E108 |  | 4240543 | 669912 | SH |  | SOLE |  | 669912 | 0 | 0 |
| Nelnet Inc. - Class A | COM | 64031N108 |  | 30179993 | 234026 | SH |  | SOLE |  | 234026 | 0 | 0 |
| NextNav Inc. | COM | 65345N106 |  | 9935764 | 620210 | SH |  | SOLE |  | 620210 | 0 | 0 |
| NVIDIA Corporation | COM | 67066G104 |  | 28074738 | 160979 | SH |  | SOLE |  | 160979 | 0 | 0 |
| Onto Innovation Inc | COM | 683344105 |  | 16405600 | 80000 | SH |  | SOLE |  | 80000 | 0 | 0 |
| PepsiCo Inc. | COM | 713448108 |  | 20187700 | 130000 | SH |  | SOLE |  | 130000 | 0 | 0 |
| Pfizer Inc. | COM | 717081103 |  | 14203089 | 505808 | SH |  | SOLE |  | 505808 | 0 | 0 |
| Proshares S 500 Dividend Ari | COM | 74348A467 |  | 2385225 | 22500 | SH |  | SOLE |  | 22500 | 0 | 0 |
| Regeneron Pharmaceuticals Inc | COM | 75886F107 |  | 24231536 | 31362 | SH |  | SOLE |  | 31362 | 0 | 0 |
| Republic Services Inc. | COM | 760759100 |  | 73508588 | 335625 | SH |  | SOLE |  | 335625 | 0 | 0 |
| Revolution Medicines Inc | COM | 76155X100 |  | 6082501 | 62545 | SH |  | SOLE |  | 62545 | 0 | 0 |
| Royce Value Trust Inc. | COM | 780910105 |  | 2504558 | 150877 | SH |  | SOLE |  | 150877 | 0 | 0 |
| RTX Corporation | COM | 75513E101 |  | 28935000 | 150000 | SH |  | SOLE |  | 150000 | 0 | 0 |
| ServiceNow Inc | COM | 81762P102 |  | 6273000 | 60000 | SH |  | SOLE |  | 60000 | 0 | 0 |
| Solventum Corporation | COM | 83444M101 |  | 24640955 | 377350 | SH |  | SOLE |  | 377350 | 0 | 0 |
| TJX Companies Inc./The | COM | 872540109 |  | 77414894 | 484752 | SH |  | SOLE |  | 484752 | 0 | 0 |
| Tyler Technologies Inc. | COM | 902252105 |  | 15982641 | 46681 | SH |  | SOLE |  | 46681 | 0 | 0 |
| Uber Technologies Inc. | COM | 90353T100 |  | 15147235 | 210583 | SH |  | SOLE |  | 210583 | 0 | 0 |
| Uber Technologies Inc. Jun 80 | COM | 90353T100 |  | 8000000 | 100000 | SH | Call | SOLE |  | 100000 | 0 | 0 |
| Universal Display Corporation | COM | 91347P105 |  | 5958725 | 65009 | SH |  | SOLE |  | 65009 | 0 | 0 |
| Uranium Energy Corp. | COM | 916896103 |  | 6141015 | 454890 | SH |  | SOLE |  | 454890 | 0 | 0 |
| Valneva SE - ADR | COM | 92025Y103 |  | 2214756 | 354361 | SH |  | SOLE |  | 354361 | 0 | 0 |
| Vanguard Mid-Cap Value Index F | COM | 922908512 |  | 2524636 | 13700 | SH |  | SOLE |  | 13700 | 0 | 0 |
| Veeva Systems Inc. - Class A | COM | 922475108 |  | 10189334 | 58006 | SH |  | SOLE |  | 58006 | 0 | 0 |

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