The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F COVER PAGE
OMB APPROVAL
OMB Number: 3235-0006
Expires: July 31, 2015
Estimated average burden
hours per response: 23.8
Report for the Calendar Year or Quarter Ended: 09-30-2023
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
Address: 530 FIFTH AVE
26TH FLOOR
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
Title: Vice-President Administration,PFO, CCO
Phone: 212-916-8447
Signature, Place, and Date of Signing:
/s/ Eugene S. Stark New York,  NY 10-31-2023
[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 reported are 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: 1,115,941,603
(thousands)
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
SEC FORM 13-F Information Table

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Expires: July 31, 2015
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
Adams Diversified Equity Fund, COM 006212104 2,825,788 169,819 SH   SOLE   169,819 0 0
Adobe Inc. COM 00724F101 12,747,500 25,000 SH   SOLE   25,000 0 0
Agnico Eagle Mines Limited COM 008474108 23,839,798 524,528 SH   SOLE   524,528 0 0
Alamos Gold Inc. - Class A COM 011532108 10,527,225 932,438 SH   SOLE   932,438 0 0
Algoma Steel Group Inc. COM 015658107 6,602,528 970,960 SH   SOLE   970,960 0 0
Alphabet Inc. - Class C COM 02079K107 58,663,098 444,923 SH   SOLE   444,923 0 0
Amazon.com, Inc. COM 023135106 36,356,320 286,000 SH   SOLE   286,000 0 0
Angi Inc.- Class A COM 00183L102 2,350,991 1,187,369 SH   SOLE   1,187,369 0 0
Apellis Pharmaceuticals Inc COM 03753U106 1,711,800 45,000 SH   SOLE   45,000 0 0
Apple Inc. COM 037833100 54,958,410 321,000 SH   SOLE   321,000 0 0
Applied Materials, Inc. COM 038222105 8,535,719 61,652 SH   SOLE   61,652 0 0
Arch Capital Group Ltd. COM G0450A105 59,802,348 750,249 SH   SOLE   750,249 0 0
Arista Networks, Inc. COM 040413106 4,598,250 25,000 SH   SOLE   25,000 0 0
ASML Holding N.V. COM N07059210 43,914,036 74,600 SH   SOLE   74,600 0 0
AT&T Inc. COM 00206R102 7,530,908 501,392 SH   SOLE   501,392 0 0
Axis Capital Holdings Limited COM G0692U109 16,070,016 285,081 SH   SOLE   285,081 0 0
Bath & Body Works Inc. COM 070830104 8,943,210 264,592 SH   SOLE   264,592 0 0
Berkshire Hathaway Inc. - Clas COM 084670108 58,462,470 110 SH   SOLE   110 0 0
Broadcom Inc. COM 11135F101 17,857,470 21,500 SH   SOLE   21,500 0 0
Cameco Corporation COM 13321L108 24,546,277 619,230 SH   SOLE   619,230 0 0
Chevron Corporation COM 166764100 13,825,322 81,991 SH   SOLE   81,991 0 0
Cigna Group/The COM 125523100 10,727,625 37,500 SH   SOLE   37,500 0 0
Cisco Systems, Inc. COM 17275R102 12,002,458 223,260 SH   SOLE   223,260 0 0
Cleveland-Cliffs Inc. COM 185899101 3,807,359 243,593 SH   SOLE   243,593 0 0
Costco Wholesale Corporation COM 22160K105 29,942,880 53,000 SH   SOLE   53,000 0 0
Danaher Corporation COM 235851102 12,407,481 50,010 SH   SOLE   50,010 0 0
Eaton Corporation plc COM G29183103 11,986,336 56,200 SH   SOLE   56,200 0 0
Energy Transfer LP COM 29273V100 14,311,021 1,020,030 SH   SOLE   1,020,030 0 0
Everest Group COM G3223R108 48,018,277 129,196 SH   SOLE   129,196 0 0
Expedia Group, Inc. COM 30212P303 20,424,042 198,157 SH   SOLE   198,157 0 0
Ferroglobe PLC COM COM G33856108 4,828,673 928,591 SH   SOLE   928,591 0 0
Gilead Sciences, Inc. COM 375558103 8,985,306 119,900 SH   SOLE   119,900 0 0
Hess Corporation COM 42809H107 12,777,336 83,512 SH   SOLE   83,512 0 0
Huntsman Corporation COM 447011107 4,837,251 198,248 SH   SOLE   198,248 0 0
iCAD, Inc. COM 44934S206 422,916 200,434 SH   SOLE   200,434 0 0
indie Semiconductor, Inc. - Cl COM 45569U101 5,890,903 935,064 SH   SOLE   935,064 0 0
Intra-Cellular Therapies, Inc. COM 46116X101 13,566,268 260,439 SH   SOLE   260,439 0 0
Invesco S&P Equal Weight COM 46137V357 3,983,048 28,111 SH   SOLE   28,111 0 0
JPMorgan Chase & Co. COM 46625H100 11,601,600 80,000 SH   SOLE   80,000 0 0
M&T Bank Corporation COM 55261F104 12,645,000 100,000 SH   SOLE   100,000 0 0
Medtronic plc COM G5960L103 5,485,200 70,000 SH   SOLE   70,000 0 0
Merck & Co., Inc. COM 58933Y105 18,461,612 179,326 SH   SOLE   179,326 0 0
Meta Platforms, Inc. - Class A COM 30303M102 6,604,620 22,000 SH   SOLE   22,000 0 0
MetLife, Inc. COM 59156R108 13,860,772 220,327 SH   SOLE   220,327 0 0
Microsoft Corporation COM 594918104 67,886,250 215,000 SH   SOLE   215,000 0 0
Nelnet, Inc. - Class A COM 64031N108 21,741,828 243,415 SH   SOLE   243,415 0 0
Newmont Corporation COM 651639106 4,256,677 115,201 SH   SOLE   115,201 0 0
NextNav Inc. COM 65345N106 6,431,996 1,251,361 SH   SOLE   1,251,361 0 0
NIKE, Inc. - Class B COM 654106103 6,693,400 70,000 SH   SOLE   70,000 0 0
PepsiCo, Inc. COM 713448108 23,721,600 140,000 SH   SOLE   140,000 0 0
Pfizer Inc. COM 717081103 12,133,851 365,808 SH   SOLE   365,808 0 0
Proshares S&P 500 Dividend Ari COM 74348A467 1,319,395 14,900 SH   SOLE   14,900 0 0
Quantum-Si Incorporated - Clas COM 74765K105 197,955 119,250 SH   SOLE   119,250 0 0
Raytheon Technologies Corporat COM 75513E101 11,875,050 165,000 SH   SOLE   165,000 0 0
Regeneron Pharmaceuticals, Inc COM 75886F107 13,641,385 16,576 SH   SOLE   16,576 0 0
Republic Services, Inc. COM 760759100 74,802,786 524,895 SH   SOLE   524,895 0 0
Royce Value Trust, Inc. COM 780910105 1,941,788 150,877 SH   SOLE   150,877 0 0
SIGA Technologies, Inc. COM 826917106 5,098,438 971,131 SH   SOLE   971,131 0 0
SomaLogic, Inc. - Class A COM 83444K105 1,075,500 450,000 SH   SOLE   450,000 0 0
T-Mobile US, Inc. COM 872590104 8,101,612 57,848 SH   SOLE   57,848 0 0
Tenet Healthcare Corporation COM 88033G407 7,247,900 110,000 SH   SOLE   110,000 0 0
TJX Companies, Inc./The COM 872540109 46,670,177 525,092 SH   SOLE   525,092 0 0
Tyler Technologies, Inc. COM 902252105 14,048,159 36,381 SH   SOLE   36,381 0 0
Universal Display Corporation COM 91347P105 10,205,763 65,009 SH   SOLE   65,009 0 0
Valneva SE - ADR COM 92025Y103 4,071,000 345,000 SH   SOLE   345,000 0 0
Vanguard Mid-Cap Value Index F COM 922908512 1,178,640 9,000 SH   SOLE   9,000 0 0
VBI Vaccines, Inc. COM 91822J202 41,693 62,583 SH   SOLE   62,583 0 0
Walt Disney Company /The COM 254687106 9,035,292 111,478 SH   SOLE   111,478 0 0
Apple Inc. Oct 170 Puts Exp 10 COM 037833100 276,000 100,000 SH Put SOLE   100,000 0 0