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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, Q1 2025

Institutional positions in GAN Ltd as of Mar 31, 2025. 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

GAN is no longer listed, so this page shows Q1 2025. 13F filings for later quarters list far fewer holders.

Institutional holders
53
+3 vs. Q4 2024
Shares held
13.1M
+2.30M (+21.3%) vs. Q4 2024
Total value
$23.2M
+$3.53M (+18.0%) vs. Q4 2024
New holders
9
13 more added
Sold out
6
13 more reduced

2 institutions that held it in Q4 2024 haven't filed for Q1 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 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 holdersQ1 2025: 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 heldQ1 2025: $23.2M
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, Q1 2025

Shares, value and share of portfolio for each institution holding GAN Ltd; share changes are against Q4 2024.

Institutions holding GAN in Q1 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Bessemer Group Inc1$00.00%+1New
CoreCap Advisors, LLC16$280.00%00.0%Unchanged
BNP Paribas Arbitrage, SA20$350.00%00.0%Unchanged
Strategic Investment Solutions, Inc.100$1770.00%00.0%Unchanged
MJT & Associates Financial Advisory Group, Inc.115$2040.00%+115New
Federation des caisses Desjardins du Quebec127$2250.00%00.0%Unchanged
JPMorgan Chase & Co136$2410.00%−216−61.4%Reduced
FMR LLC228$4040.00%+222+3,700.0%Added
Bank of America Corp357$6320.00%+17+5.0%Added
Wells Fargo & Company490$8670.00%00.0%Unchanged
Evelyn Partners Investment Management (Europe) Ltd731$1.29K0.00%00.0%Unchanged
Tower Research Capital LLC (TRC)910$1.61K0.00%+910New
CX Institutional1,000$2.00K0.00%+1,000New
Advisor Group Holdings, Inc.1,566$2.77K0.00%−2,752−63.7%Reduced
Group One Trading, L.P.1,617$2.86K0.00%00.0%Unchanged
SBI Securities Co., Ltd.1,767$3.13K0.00%00.0%Unchanged
Federated Hermes, Inc.8,856$15.7K0.00%+4,222+91.1%Added
Cambridge Investment Research Advisors, Inc.10,240$18.0K0.00%00.0%Unchanged
Clear Harbor Asset Management, LLC12,000$21.2K0.00%+12,000New
Stifel Financial Corp15,050$26.6K0.00%−15,850−51.3%Reduced
Morgan Stanley15,170$26.9K0.00%−9,412−38.3%Reduced
Bank Julius Baer & Co. Ltd, Zurich19,999$35.4K0.00%+1,876+10.4%Added
LPL Financial LLC20,918$37.0K0.00%−1,009−4.6%Reduced
Jane Street Group, LLC21,650$38.3K0.00%−8,405−28.0%Reduced
Susquehanna International Group, LLP24,009$42.5K0.00%−27,556−53.4%Reduced
Yakira Capital Management, Inc.30,760$54.4K0.02%00.0%Unchanged
Charles Schwab Investment Management Inc31,476$55.7K0.00%00.0%Unchanged
AssuredPartners Investment Advisors, LLC34,000$60.2K0.01%00.0%Unchanged
Tudor Investment Corp Et Al40,436$71.6K0.00%00.0%Unchanged
Price T Rowe Associates Inc48,300$86.0K0.00%00.0%Unchanged
Rangeley Capital, LLC59,912$106.0K0.12%−40,088−40.1%Reduced
Northern Trust Corp81,954$145.1K0.00%−10.0%Reduced
Ridgewood Investments LLC82,430$145.9K0.07%+30,100+57.5%Added
UBS Group AG102,949$182.2K0.00%+72,909+242.7%Added
Marshall Wace, LLP125,369$221.9K0.00%+125,369New
Gsa Capital Partners LLP134,661$238.0K0.02%+134,661New
State Street Corp156,558$277.1K0.00%00.0%Unchanged
CSS LLC285,199$504.8K0.04%+44,100+18.3%Added
Skandinaviska Enskilda Banken AB (publ)336,954$598.1K0.00%00.0%Unchanged
FNY Investment Advisers, LLC370,073$655.0K0.40%+133,630+56.5%Added
Gabelli Funds LLC409,846$725.4K0.01%−1,836−0.4%Reduced
Diversified Investment Strategies, LLC435,000$770.0K0.52%+435,000New
Geode Capital Management, LLC438,781$776.9K0.00%+10,162+2.4%Added
Black Maple Capital Management LP459,680$813.6K0.64%−108,565−19.1%Reduced
Gabelli & Co Investment Advisers, Inc.489,768$866.9K0.13%+24,450+5.3%Added
Credit Industriel Et Commercial554,609$981.7K0.18%00.0%Unchanged
Vanguard Group Inc598,155$1.06M0.00%00.0%Unchanged
BlackRock, Inc.675,213$1.20M0.00%−2,085−0.3%Reduced
Dynamic Technology Lab Private Ltd921,508$1.63M0.24%−32,947−3.5%Reduced
Arrowstreet Capital, Limited Partnership1,236,737$2.19M0.00%+311,288+33.6%Added
Groupe la Francaise1,295,391$2.29M0.05%+1,295,391New
Renaissance Technologies LLC1,295,994$2.29M0.00%+51,989+4.2%Added
Oddo BHF Asset Management SAS2,200,000$3.89M0.16%+40,000+1.9%Added
Bridgeway Capital Management, LLC0$00.00%−87,289−100.0%Sold out
Citadel Advisors LLC0$00.00%−42,611−100.0%Sold out
HRT Financial LP0$00.00%−19,280−100.0%Sold out
Aveo Capital Partners, LLC0$00.00%−15,723−100.0%Sold out
Evergreen Wealth Solutions, LLC0$00.00%−15,533−100.0%Sold out
IFP Advisors, Inc0$00.00%−50−100.0%Sold out
Cigogne Management SA––––Not filed
Global Retirement Partners, LLC––––Not filed