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GAN Ltd

GANDelisted May 27, 2025
Industry
Services-Computer Programming, Data Processing, Etc.
SEC CIK
0001799332

GAN Ltd was delisted on May 27, 2025; its insiders filed their last Form 4 on May 27, 2025; 53 institutions reported holding it in 13F filings for Q1 2025, worth $23.2M in total; no superinvestor held it.

13F holders, Q4 2023

Institutional positions in GAN Ltd as of Dec 31, 2023. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
53
−2 vs. Q3 2023
Shares held
7.55M
+2.40M (+46.7%) vs. Q3 2023
Total value
$12.1M
+$6.09M (+101.8%) vs. Q3 2023
New holders
12
13 more added
Sold out
14
12 more reduced

1 institution that held it in Q3 2023 haven't filed for Q4 2023 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2023: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting GAN on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ4 2023: 53 institutions
Q1 2021: 137 institutionsQ2 2021: 133 institutionsQ3 2021: 136 institutionsQ4 2021: 126 institutionsQ1 2022: 116 institutionsQ2 2022: 93 institutionsQ3 2022: 81 institutionsQ4 2022: 72 institutionsQ1 2023: 63 institutionsQ2 2023: 60 institutionsQ3 2023: 56 institutionsQ4 2023: 53 institutionsQ1 2024: 49 institutionsQ2 2024: 47 institutionsQ3 2024: 45 institutionsQ4 2024: 52 institutionsQ1 2025: 53 institutionsQ2 2025: 1 institutionQ3 2025: 0 institutionsQ4 2025: 0 institutionsQ1 2026: 0 institutionsQ2 2026: 0 institutions
Value heldQ4 2023: $12.1M
Q1 2021: $326.8MQ2 2021: $330.4MQ3 2021: $301.2MQ4 2021: $192.9MQ1 2022: $91.2MQ2 2022: $40.8MQ3 2022: $27.2MQ4 2022: $16.4MQ1 2023: $11.0MQ2 2023: $9.92MQ3 2023: $5.98MQ4 2023: $12.1MQ1 2024: $9.51MQ2 2024: $10.5MQ3 2024: $15.6MQ4 2024: $22.0MQ1 2025: $23.2MQ2 2025: $1.29KQ3 2025: $0Q4 2025: $0Q1 2026: $0Q2 2026: $0
Institutions holding GAN and their total value by quarter
QuarterHoldersValue
Q2 20260$0
Q1 20260$0
Q4 20250$0
Q3 20250$0
Q2 20251$1.29K
Q1 202553$23.2M
Q4 202452$22.0M
Q3 202445$15.6M
Q2 202447$10.5M
Q1 202449$9.51M
Q4 202353$12.1M
Q3 202356$5.98M
Q2 202360$9.92M
Q1 202363$11.0M
Q4 202272$16.4M
Q3 202281$27.2M
Q2 202293$40.8M
Q1 2022116$91.2M
Q4 2021126$192.9M
Q3 2021136$301.2M
Q2 2021133$330.4M
Q1 2021137$326.8M

Institutions, Q4 2023

Shares, value and share of portfolio for each institution holding GAN Ltd; share changes are against Q3 2023.

Institutions holding GAN in Q4 2023
InstitutionSharesValue% of portfolioChange in sharesAction
Royal Bank of Canada179$00.00%+179New
Qube Research & Technologies Ltd2$30.00%00.0%Unchanged
Rise Advisors, LLC55$870.00%00.0%Unchanged
FMR LLC113$1790.00%−11,377−99.0%Reduced
Wells Fargo & Company813$1.28K0.00%+17+2.1%Added
UBS Group AG1,142$1.80K0.00%−271−19.2%Reduced
Bank of America Corp1,246$1.97K0.00%00.0%Unchanged
Federation des caisses Desjardins du Quebec1,785$2.82K0.00%00.0%Unchanged
Tyler-Stone Wealth Management1,897$3.00K0.00%00.0%Unchanged
Cutler Group LP3,010$4.00K0.00%00.0%Unchanged
Simplex Trading, LLC3,225$5.00K0.00%+2,858+778.7%Added
HRT Financial LP10,465$16.0K0.00%−2,095−16.7%Reduced
Cambridge Investment Research Advisors, Inc.10,513$17.0K0.00%00.0%Unchanged
Advisor Group Holdings, Inc.12,746$20.1K0.00%−700−5.2%Reduced
Toronto Dominion Bank15,000$23.7K0.00%00.0%Unchanged
Evergreen Wealth Solutions, LLC15,533$24.5K0.02%00.0%Unchanged
Bank of New York Mellon Corp16,160$25.5K0.00%00.0%Unchanged
Tower Research Capital LLC (TRC)17,996$28.4K0.00%+15,882+751.3%Added
Group One Trading, L.P.20,841$32.9K0.00%−10,000−32.4%Reduced
Two Sigma Advisers, LP22,300$35.2K0.00%+700+3.2%Added
Prelude Capital Management, LLC23,918$37.8K0.00%+23,918New
Commonwealth Equity Services, LLC23,781$38.0K0.00%−2,501−9.5%Reduced
LPL Financial LLC24,518$38.7K0.00%−1,100−4.3%Reduced
JPMorgan Chase & Co25,193$39.8K0.00%+24,693+4,938.6%Added
Anson Funds Management LP30,754$48.6K0.01%+30,754New
Charles Schwab Investment Management Inc31,476$49.7K0.00%00.0%Unchanged
Two Sigma Investments, LP34,600$54.7K0.00%−3,900−10.1%Reduced
Tudor Investment Corp Et Al40,436$63.9K0.00%00.0%Unchanged
King Luther Capital Management Corp40,955$64.7K0.00%00.0%Unchanged
Citadel Advisors LLC41,673$65.8K0.00%−18,523−30.8%Reduced
The PNC Financial Services Group, Inc.42,320$66.9K0.00%00.0%Unchanged
Cannon Global Investment Management, LLC47,500$75.0K0.56%+47,500New
Price T Rowe Associates Inc48,300$77.0K0.00%−20,300−29.6%Reduced
Jane Street Group, LLC49,886$78.8K0.00%+37,388+299.2%Added
Marex Group plc50,100$79.2K0.00%+50,100New
Diametric Capital, LP70,783$111.8K0.07%+70,783New
Northern Trust Corp71,492$113.0K0.00%−569−0.8%Reduced
Virtu Financial LLC76,156$120.0K0.01%+76,156New
XTX Topco Ltd79,572$125.7K0.03%+20,448+34.6%Added
Morgan Stanley95,960$151.6K0.00%+41,219+75.3%Added
Skandinaviska Enskilda Banken AB (publ)100,000$157.5K0.00%00.0%Unchanged
Clear Harbor Asset Management, LLC107,200$169.4K0.02%+107,200New
State Street Corp147,158$232.5K0.00%00.0%Unchanged
FNY Investment Advisers, LLC185,000$292.0K0.33%+185,000New
PenderFund Capital Management Ltd.305,004$638.5K0.21%+305,004New
Geode Capital Management, LLC411,627$650.5K0.00%+20,283+5.2%Added
Vanguard Group Inc598,155$945.1K0.00%+33,100+5.9%Added
Dynamic Technology Lab Private Ltd633,283$1.00M0.11%+633,283New
Bridgeway Capital Management, LLC640,289$1.01M0.02%+219,010+52.0%Added
BlackRock Inc.666,381$1.05M0.00%−1,201−0.2%Reduced
Renaissance Technologies LLC692,027$1.09M0.00%+215,610+45.3%Added
Gabelli & Co Investment Advisers, Inc.965,218$1.53M0.29%+965,218New
Gabelli Funds LLC989,282$1.56M0.01%+972,482+5,788.6%Added
River & Mercantile Asset Management LLP0$00.00%−806,020−100.0%Sold out
Gsa Capital Partners LLP0$00.00%−320,391−100.0%Sold out
Millennium Management LLC0$00.00%−143,579−100.0%Sold out
Accretive Wealth Partners, LLC0$00.00%−68,500−100.0%Sold out
Ingalls & Snyder LLC0$00.00%−66,180−100.0%Sold out
Susquehanna International Group, LLP0$00.00%−51,727−100.0%Sold out
Integrated Wealth Concepts LLC0$00.00%−39,647−100.0%Sold out
Occudo Quantitative Strategies LP0$00.00%−32,764−100.0%Sold out
Gamco Investors, Inc. Et Al0$00.00%−32,700−100.0%Sold out
Teton Advisors, Inc.0$00.00%−28,000−100.0%Sold out
Deltec Asset Management LLC0$00.00%−18,017−100.0%Sold out
Independent Advisor Alliance0$00.00%−15,150−100.0%Sold out
Steward Partners Investment Advisory, LLC0$00.00%−50−100.0%Sold out
Cary Street Partner Investment Advisory LLC0$00.00%−50−100.0%Sold out
Sutton Wealth Advisors Inc.––––Not filed