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: 03-31-2024
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 YorkNY 05-03-2024
[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: 75
Form 13F Information Table Value Total: 1,398,895,904
(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 3,314,867 169,819 SH   SOLE   169,819 0 0
Adobe Inc. COM 00724F101 15,138,000 30,000 SH   SOLE   30,000 0 0
Aehr Test Systems COM 00760J108 613,763 49,497 SH   SOLE   49,497 0 0
Agnico Eagle Mines Limited COM 008474108 32,142,880 538,858 SH   SOLE   538,858 0 0
Alamos Gold Inc. - Class A COM 011532108 13,753,461 932,438 SH   SOLE   932,438 0 0
Algoma Steel Group Inc. COM 015658107 6,928,315 816,056 SH   SOLE   816,056 0 0
AllianceBernstein Holding L.P. COM 01881G106 4,240,573 122,066 SH   SOLE   122,066 0 0
Alphabet Inc. - Class C COM 02079K107 67,743,976 444,923 SH   SOLE   444,923 0 0
Amazon.com, Inc. COM 023135106 51,588,680 286,000 SH   SOLE   286,000 0 0
Amgen Inc. COM 031162100 7,108,000 25,000 SH   SOLE   25,000 0 0
Angi Inc.- Class A COM 00183L102 3,494,304 1,333,704 SH   SOLE   1,333,704 0 0
Apple Inc. COM 037833100 60,189,480 351,000 SH   SOLE   351,000 0 0
Apple Inc. COM 037833100 8,500,000 50,000 SH Put SOLE   50,000 0 0
Applied Materials, Inc. COM 038222105 12,714,492 61,652 SH   SOLE   61,652 0 0
Arch Capital Group Ltd. COM G0450A105 62,420,018 675,249 SH   SOLE   675,249 0 0
ASML Holding N.V. COM N07059210 67,544,712 69,600 SH   SOLE   69,600 0 0
AT&T Inc. COM 00206R102 15,956,195 906,602 SH   SOLE   906,602 0 0
Axis Capital Holdings Limited COM G0692U109 9,988,632 153,624 SH   SOLE   153,624 0 0
Berkshire Hathaway Inc. - Clas COM 084670108 69,788,400 110 SH   SOLE   110 0 0
Broadcom Inc. COM 11135F101 31,147,135 23,500 SH   SOLE   23,500 0 0
Cameco Corporation COM 13321L108 21,843,244 504,230 SH   SOLE   504,230 0 0
Chevron Corporation COM 166764100 12,933,260 81,991 SH   SOLE   81,991 0 0
Cigna Group/The COM 125523100 7,263,800 20,000 SH   SOLE   20,000 0 0
Cisco Systems, Inc. COM 17275R102 6,900,557 138,260 SH   SOLE   138,260 0 0
Cleveland-Cliffs Inc. COM 185899101 5,539,305 243,593 SH   SOLE   243,593 0 0
Costco Wholesale Corporation COM 22160K105 34,433,610 47,000 SH   SOLE   47,000 0 0
Costco Wholesale Corporation COM 22160K105 11,100,000 15,000 SH Put SOLE   15,000 0 0
Danaher Corporation COM 235851102 12,488,497 50,010 SH   SOLE   50,010 0 0
Dominion Energy, Inc. COM 25746U109 12,789,400 260,000 SH   SOLE   260,000 0 0
Eaton Corporation plc COM G29183103 12,663,540 40,500 SH   SOLE   40,500 0 0
Energy Transfer LP COM 29273V100 16,045,072 1,020,030 SH   SOLE   1,020,030 0 0
Everest Group, Ltd. COM G3223R108 51,355,410 129,196 SH   SOLE   129,196 0 0
Expedia Group, Inc. COM 30212P303 23,852,377 173,157 SH   SOLE   173,157 0 0
Exxon Mobil Corp COM 30231G102 10,821,944 93,100 SH   SOLE   93,100 0 0
Fastenal Company COM 311900104 5,754,000 82,200 SH Put SOLE   82,200 0 0
Ferroglobe PLC COM G33856108 5,266,803 1,057,591 SH   SOLE   1,057,591 0 0
General Motors Company COM 37045V100 6,802,500 150,000 SH   SOLE   150,000 0 0
General Motors Company COM 37045V100 7,800,000 200,000 SH Put SOLE   200,000 0 0
Gilead Sciences, Inc. COM 375558103 8,782,675 119,900 SH   SOLE   119,900 0 0
Humana Inc COM 444859102 12,828,640 37,000 SH   SOLE   37,000 0 0
iCAD, Inc. COM 44934S206 322,699 200,434 SH   SOLE   200,434 0 0
indie Semiconductor, Inc. - Cl COM 45569U101 4,919,857 694,895 SH   SOLE   694,895 0 0
Intra-Cellular Therapies, Inc. COM 46116X101 18,022,379 260,439 SH   SOLE   260,439 0 0
Invesco S&P Equal Weight COM 46137V357 4,761,160 28,111 SH   SOLE   28,111 0 0
JPMorgan Chase & Co. COM 46625H100 16,024,000 80,000 SH   SOLE   80,000 0 0
M&T Bank Corporation COM 55261F104 18,180,000 125,000 SH   SOLE   125,000 0 0
Medtronic plc COM G5960L103 9,360,171 107,403 SH   SOLE   107,403 0 0
Merck & Co., Inc. COM 58933Y105 26,960,816 204,326 SH   SOLE   204,326 0 0
Meta Platforms, Inc. - Class A COM 30303M102 10,682,760 22,000 SH   SOLE   22,000 0 0
MetLife, Inc. COM 59156R108 16,328,434 220,327 SH   SOLE   220,327 0 0
Microsoft Corporation COM 594918104 86,247,600 205,000 SH   SOLE   205,000 0 0
Nelnet, Inc. - Class A COM 64031N108 23,039,230 243,415 SH   SOLE   243,415 0 0
Newmont Corporation COM 651639106 4,128,804 115,201 SH   SOLE   115,201 0 0
NextNav Inc. COM 65345N106 10,968,301 1,666,915 SH   SOLE   1,666,915 0 0
PepsiCo, Inc. COM 713448108 28,001,600 160,000 SH   SOLE   160,000 0 0
Pfizer Inc. COM 717081103 10,151,172 365,808 SH   SOLE   365,808 0 0
Proshares S&P 500 Dividend Ari COM 74348A467 1,774,675 17,500 SH   SOLE   17,500 0 0
Quantum-Si Incorporated - Clas COM 74765K105 579,870 294,350 SH   SOLE   294,350 0 0
Regeneron Pharmaceuticals, Inc COM 75886F107 14,029,254 14,576 SH   SOLE   14,576 0 0
Republic Services, Inc. COM 760759100 85,936,842 448,897 SH   SOLE   448,897 0 0
Republic Services, Inc. COM 760759100 17,676,000 98,200 SH Put SOLE   98,200 0 0
Royce Value Trust, Inc. COM 780910105 2,288,804 150,877 SH   SOLE   150,877 0 0
RTX Corporation COM 75513E101 16,092,450 165,000 SH   SOLE   165,000 0 0
SIGA Technologies, Inc. COM 826917106 6,349,183 741,727 SH   SOLE   741,727 0 0
Stevanato Group S.p.A. COM T9224W109 9,630,000 300,000 SH   SOLE   300,000 0 0
T-Mobile US, Inc. COM 872590104 8,161,000 50,000 SH   SOLE   50,000 0 0
Tenet Healthcare Corporation COM 88033G407 11,562,100 110,000 SH   SOLE   110,000 0 0
TJX Companies, Inc./The COM 872540109 53,254,831 525,092 SH   SOLE   525,092 0 0
Transocean Ltd. COM H8817H100 3,768,000 600,000 SH   SOLE   600,000 0 0
Tyler Technologies, Inc. COM 902252105 15,462,289 36,381 SH   SOLE   36,381 0 0
Universal Display Corporation COM 91347P105 10,950,766 65,009 SH   SOLE   65,009 0 0
Valaris Limited COM G9460G101 10,243,338 136,106 SH   SOLE   136,106 0 0
Valneva SE - ADR COM 92025Y103 2,831,344 354,361 SH   SOLE   354,361 0 0
Vanguard Mid-Cap Value Index F COM 922908512 1,715,010 11,000 SH   SOLE   11,000 0 0
Walt Disney Company /The COM 254687106 6,910,648 56,478 SH   SOLE   56,478 0 0