GYRO on Nasdaq

Gyrodyne Company of America

American real estate investment trust

Gyrodyne Company of America, Inc. is a real estate investment trust that owns, leases, and manages commercial properties along the Eastern Coast of the United States.3 From Wikipedia, CC BY-SA 4.0

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Last updated Oct 19, 2026.

Overview

1946Founded1

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  • TickerGYRO on Nasdaq1
  • IndustryOpeators of Nonresidential Buildings1
  • HeadquartersNY1
  • Legal formLimited Liability Company
  • Kind of organizationReal estate vehicle1

Gyrodyne Company of America, Inc. is a real estate investment trust that owns, leases, and manages commercial properties along the Eastern Coast of the United States.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Financial statements

Every line of the income statement as filed: the last 2 fiscal years, latest first.5

Period ending2025-12-312024-12-31
Change in liquidation value of real estate$3.6M-$3.4M
Issuance of common shares, net$0$4.4M
Remeasurement of assets and liabilities-$8.3M-$1.2M
Net increase in liquidation value-$4.7M-$124.7K

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The story

Gyrodyne Company of America was founded in 1946 by Peter J. Papadakos, using the assets he bought from the bankrupt Bendix Helicopters Company. The company continued Bendix's development of a one-man synchronized co-axial rotor helicopter in Massapequa, New York, before moving to St. James, New York, in 1951. For the next 24 years the company was engaged in the design, testing, development, and production of coaxial helicopters, primarily the Gyrodyne QH-50 DASH drone for the U.S. Navy. In 1975, Gyrodyne began converting its helicopter manufacturing facilities into rental space suitable for light industry. Since then the company has concentrated its efforts on the management and development of real estate.

On November 2, 2005, Stony Brook University seized 245.5 acres under eminent domain from Gyrodyne, initially paying them $26,315,000 for the property. In 2006, Gyrodyne opened a case for just compensation. Finally, in 2010, the Court of Claims ruled in Gyrodyne's favor when it awarded the company $125,000,000 thereby requiring the state to pay an additional $98,685,000 plus interest of nine percent from the date of taking, to the date of payment.

In 2006, Gyrodyne became a publicly traded Real Estate Investment Trust. Around this time, Gyrodyne began focusing on purchasing medical properties. Since then, the company has bought three such facilities: two in New York, and one in Northern Virginia.

From Wikipedia’s article on Gyrodyne Company of America, shared under CC BY-SA 4.0.4

Leadership

Who has led Gyrodyne Company of America, and when. Pick a name to see everywhere that person has worked.

Board members and other officers (14)

Named in SEC Form D filings

People the company listed in its private-offering notices.

  • DirectorRICHARD SMITH named Nov 21, 202332

Products and brands

  • helicopter

Listed on Wikidata.1

Gyrodyne QH-50 DASH

Gyrodyne RON Rotorcycle

Gyrodyne GCA-2

Gyrodyne GCA-3 Convertiplane

Read the full text

Gyrodyne GCA-35 Gyroliner

Gyrodyne GCA-24

Gyrodyne GCA-32 Military Convertiplane

Gyrodyne GCA-55

From Wikipedia’s article on Gyrodyne Company of America, shared under CC BY-SA 4.0.4

Timeline

  1. Jan 4, 2006New chief executive Stephen Maroney V. becomes CEO14
  2. 1946Founded Founded1

Filings

124 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 26 major events, 23 insider forms, 29 large holders, 1 private raises, 25 other. The latest 20:

  1. Oct 5, 2026DEF 14A EDGAR
  2. Aug 13, 202610-Q EDGAR
  3. Aug 7, 20268-K EDGAR
  4. May 13, 202610-Q EDGAR
  5. Mar 27, 202610-K EDGAR
  6. Jan 12, 20268-K EDGAR
  7. Nov 10, 202510-Q EDGAR
  8. Nov 7, 20258-K EDGAR
  9. Nov 5, 20258-K EDGAR
  10. Oct 20, 2025SCHEDULE 13D/A EDGAR
  11. Oct 17, 2025DEF 14A EDGAR
  12. Oct 17, 20258-K EDGAR
  13. Sep 8, 2025PREC14A EDGAR
  14. Sep 8, 20254 PRIMARY DOCUMENT EDGAR
  15. Sep 5, 2025PRE 14A EDGAR
  16. Aug 27, 20254/A PRIMARY DOCUMENT EDGAR
  17. Aug 26, 2025SCHEDULE 13D/A EDGAR
  18. Aug 21, 2025SCHEDULE 13G/A EDGAR
  19. Aug 8, 202510-Q EDGAR
  20. Aug 5, 20254/A PRIMARY DOCUMENT EDGAR

The 124 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Money raised

Private offerings the company reported to the SEC on Form D.

  1. Nov 14, 2023Raised $2 million in a private offering of equity Form D: 4 investors so far Form D

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
Towerview LLC338,107$2.0M1.3%No change
Gabelli Funds LLC213,825$1.3M0.0%No change
GABELLI & Co INVESTMENT ADVISERS, INC.173,084$1.1M0.2%No change
Bulldog Investors, LLP60,000$373.8K0.1%No change
Morgan Stanley37,752$228.0K0.0%+37,326
Teton Advisors, LLC18,000$110.2K0.1%No change
Susquehanna International Group, Llp16,445$102.5K0.0%+477
Css Llc/il14,803$90.7K0.0%No change
Gamco Investors, Inc. Et Al14,411$88.3K0.0%No change
Round Hill Asset Management13,355$80.7K0.1%+1,366
Cerity Partners LLC10,794$65.2K0.0%New
Blue Bell Private Wealth Management, LLC626$3.8K0.0%No change
UBS Group AG194$1.2K0.0%+16

13F reports cover disclosed long positions in U.S. stocks only.

Sources

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