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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 2024

Institutional positions in GAN Ltd as of Dec 31, 2024. 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
52
+8 vs. Q3 2024
Shares held
12.1M
+3.48M (+40.5%) vs. Q3 2024
Total value
$22.0M
+$6.75M (+44.3%) vs. Q3 2024
New holders
15
10 more added
Sold out
7
13 more reduced

1 institution that held it in Q3 2024 haven't filed for Q4 2024 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2024: 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 2024: 52 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 2024: $22.0M
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 2024

Shares, value and share of portfolio for each institution holding GAN Ltd; share changes are against Q3 2024.

Institutions holding GAN in Q4 2024
InstitutionSharesValue% of portfolioChange in sharesAction
Oddo BHF Asset Management SAS2,160,000$3.93M0.20%+82,998+4.0%Added
Cigogne Management SA1,295,391$2.36M1.87%+1,295,391New
Renaissance Technologies LLC1,244,005$2.26M0.00%+424,678+51.8%Added
Dynamic Technology Lab Private Ltd954,455$1.74M0.28%+201,712+26.8%Added
Arrowstreet Capital, Limited Partnership925,449$1.68M0.00%+764,752+475.9%Added
BlackRock, Inc.677,298$1.23M0.00%+695+0.1%Added
Vanguard Group Inc598,155$1.09M0.00%00.0%Unchanged
Black Maple Capital Management LP568,245$1.03M0.79%+568,245New
Credit Industriel Et Commercial554,609$1.01M0.27%+554,609New
Gabelli & Co Investment Advisers, Inc.465,318$846.9K0.14%−63,200−12.0%Reduced
Geode Capital Management, LLC428,619$780.3K0.00%−8,307−1.9%Reduced
Gabelli Funds LLC411,682$749.3K0.01%−112,800−21.5%Reduced
Skandinaviska Enskilda Banken AB (publ)336,954$613.3K0.00%00.0%Unchanged
CSS LLC241,099$438.8K0.03%+241,099New
FNY Investment Advisers, LLC236,443$430.0K0.22%−14,535−5.8%Reduced
State Street Corp156,558$284.9K0.00%+13,700+9.6%Added
Rangeley Capital, LLC100,000$182.0K0.18%+100,000New
Bridgeway Capital Management, LLC87,289$158.9K0.00%−553,000−86.4%Reduced
Northern Trust Corp81,955$149.2K0.00%−2,091−2.5%Reduced
Ridgewood Investments LLC52,330$95.2K0.05%+52,330New
Susquehanna International Group, LLP51,565$93.8K0.00%+40,882+382.7%Added
Price T Rowe Associates Inc48,300$88.0K0.00%00.0%Unchanged
Citadel Advisors LLC42,611$77.6K0.00%+9,525+28.8%Added
Tudor Investment Corp Et Al40,436$73.6K0.00%00.0%Unchanged
AssuredPartners Investment Advisors, LLC34,000$61.9K0.01%+34,000New
Charles Schwab Investment Management Inc31,476$57.3K0.00%00.0%Unchanged
Stifel Financial Corp30,900$56.2K0.00%−10,000−24.4%Reduced
Yakira Capital Management, Inc.30,760$56.0K0.02%−8,373−21.4%Reduced
Jane Street Group, LLC30,055$54.7K0.00%+30,055New
UBS Group AG30,040$54.7K0.00%+22,082+277.5%Added
Morgan Stanley24,582$44.7K0.00%+13,977+131.8%Added
LPL Financial LLC21,927$39.9K0.00%−9,756−30.8%Reduced
Bank Julius Baer & Co. Ltd, Zurich18,123$36.4K0.00%+18,123New
HRT Financial LP19,280$35.0K0.00%+19,280New
Aveo Capital Partners, LLC15,723$28.6K0.00%00.0%Unchanged
Evergreen Wealth Solutions, LLC15,533$28.3K0.02%00.0%Unchanged
Cambridge Investment Research Advisors, Inc.10,240$19.0K0.00%−273−2.6%Reduced
Federated Hermes, Inc.4,634$8.43K0.00%+4,634New
Advisor Group Holdings, Inc.4,318$7.86K0.00%00.0%Unchanged
SBI Securities Co., Ltd.1,767$3.22K0.00%+1,767New
Group One Trading, L.P.1,617$2.94K0.00%00.0%Unchanged
Evelyn Partners Investment Management (Europe) Ltd731$1.33K0.00%+731New
Wells Fargo & Company490$8920.00%00.0%Unchanged
JPMorgan Chase & Co352$6410.00%00.0%Unchanged
Bank of America Corp340$6190.00%−1,430−80.8%Reduced
Global Retirement Partners, LLC130$2370.00%00.0%Unchanged
Federation des caisses Desjardins du Quebec127$2310.00%−580−82.0%Reduced
Strategic Investment Solutions, Inc.100$1820.00%00.0%Unchanged
IFP Advisors, Inc50$910.00%+50New
BNP Paribas Arbitrage, SA20$360.00%+20New
CoreCap Advisors, LLC16$290.00%00.0%Unchanged
FMR LLC6$110.00%−94−94.0%Reduced
Cantor Fitzgerald, L. P.0$00.00%−100,000−100.0%Sold out
Marex Group plc0$00.00%−74,631−100.0%Sold out
PenderFund Capital Management Ltd.0$00.00%−27,450−100.0%Sold out
XTX Topco Ltd0$00.00%−14,276−100.0%Sold out
Cubist Systematic Strategies, LLC0$00.00%−10,906−100.0%Sold out
City State Bank0$00.00%−100−100.0%Sold out
CIBC Private Wealth Group, LLC0$00.00%−50−100.0%Sold out
Crystalline Management Inc.––––Not filed