Home Business Mario Gabelli Buys 54 New Stocks; BEAM, JCP, FB, SUN, KMI, EF, GAS

Mario Gabelli Buys 54 New Stocks; BEAM, JCP, FB, SUN, KMI, EF, GAS

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Mario Gabelli Buys 54 New Stocks; BEAM, JCP, FB, SUN, KMI, EF, GAS

Mario Gabelli, chairman and chief executive officer of GAMCO Investors Inc. (NYSE:GBL). invested in 54 new stocks in different sectors. Its portfolio is composed of 804 stocks worth $13.29 billion, as of August 14, 2012.

GAMCO Investors Inc. (NYSE:GBL) is highly recognized as a diversified asset manager and financial services company. At present, the firm’s investments in the industrials sector is 26.4 percent, consumer services, 23.3 percent, consumer goods, 16.2 percent, financials 8.8 percent, utilities 5.9 percent, health care 4.9 percent, basic materials 4.6 percent, telecom 3.2 percent, oil & gas 3.1 percent, and technology 2.9 percent.

GAMCO Investors sold outs its entire holdings in Parker Drilling Company (NYSE:PKD), Feihe International Inc (NYSE:ADY), ValueVision Media, Inc. (NASDAQ:VVTV), Dynegy, Inc (DYNIQ), Intellicheck Mobilisa Inc. (IDN), CNinsure Inc. (ADR) (NASDAQ:CISG), Universal American Corporation (UAM), and TeleCommunication Systems, Inc. (NASDAQ:TSYS) among others.

During an interview with Bloomberg, Giabelli expressed his belief that there are clear opportunities in J.C. Penney Company, Inc. (NYSE:JCP) but the current pricing strategy of the company is uncertain because consumers still want to sale on items they want to buy. According to him, he placed a buy order on JCP.

Giabelli said he closely follow excellent allocators like John Malone, conducts research and evaluates the cash flows, earnings, industry dynamics and many other factors and combined his understanding on how CEO’s decide in terms of capital allocations and generating returns before investing in a particular stock.

Since its establishment Gabelli’s firm’s average annual return of asset fund class AAA is 11.8 percent.

The 54 stocks bought by the firm include:

  1. BEAM Inc (NYSE:BEAM) 2, 431,569 shares
  2. Ariba, Inc. (NASDAQ:ARBA) 1,091,961 shares
  3. Standard Microsystems Corporation (NASDAQ:SMSC)
  4. Sunoco, Inc. (NYSE:SUN) 497,000 shares
  5. Ingredion Inc (NYSE:INGR) 311,500 shares
  6. Kinder Morgan Inc (NYSE:KMI) 594,796 shares
  7. Gen-Probe Incorporated (NASDAQ:GPRO) 191,400 shares
  8. Elster Group SE ADR (NYSE:ELT) 547,200 shares
  9. Teledyne LeCroy Inc (NASDAQ:LCRY) (LCRY) 614,951 shares
  10. Edelman Financial Group Inc. (The) (NASDAQ:EF) 495,300 shares
  11. Catalyst Health Solutions, Inc. (NASDAQ:CHSI) 42,300 shares
  12. Interline Brands Inc (NYSE:IBI) 139, 800 shares
  13. Human Genome Sciences (NASDAQ:HGSI) 232,700 shares
  14. AGL Resources Inc. (NYSE:GAS) 74,132 shares
  15. P.F. Chang’s China Bistro (NASDAQ:PFCB) 54,600 shares
  16. Phillips 66 (NYSE:PSX) 81,481 shares
  17. MEDTOX Scientific, Inc. (NASDAQ:MTOX) 99,700 shares
  18. Haynes International, Inc. (NASDAQ:HAYN) 37,100 shares
  19. CE Franklin Ltd. (NASDAQ:CFK) 142,000 shares
  20. Aegion Corp – Class A (NASDAQ:AEGN) 87,400 shares
  21. CREDO Petroleum Corporation (NASDAQ:CRED) 107,600 shares
  22. Atlas Energy Lp (NYSE:ATLS) 40,000 shares
  23. Micronetics Inc. (NASDAQ:NOIZ) 68,100 shares
  24. Lam Research Corporation (NASDAQ:LRCX) 24,750 shares
  25. Amylin Pahrmaceuticals, Inc. (NASDAQ:AMLN) 30,300 shares
  26. Advance Auto Parts, Inc. (NYSE:AAP) 12,000 shares
  27. Whole Foods Market, Inc. (NASDAQ:WFM) 6,815 shares
  28. Federal Signal Corporation (FSS) 93,500 shares
  29. Quest Software Inc (QSFT) 19,400 shares
  30. Minerals Technologies (MTX) 8,000 shares
  31. EasyLink Services International Corp (ESIC) 70,000 shares
  32. Moduslink Global Solutions (MLNK) 157,000 shares
  33. GeoResources Inc (GEOI) 12,000 shares
  34. Nortek Inc. (NTK) 7,500 shares
  35. Facebook Inc (NASDAQ:FB) 10,975 shares
  36. Global Power Equipment (GLPW) 14,000 shares
  37. TW Telecom Inc. (TWTC) 11,000 shares
  38. Knology Inc (KNOL) 13,800 shares
  39. Soda Stream International Ltd. (SODA) 5,500 shares
  40. West Way Group Inc (WWAY) 37,500 shares
  41. Riverbed Technology Inc. (RVBD) 13,000 shares
  42. Altria Group, Inc. (NYSE:MO) 5,950 shares
  43. The Ryland Group Inc. (RYL) 8,000 shares
  44. Connecticut Water Sevice Inc. (CTWS) 7,050 shares
  45. Shenandoah Telecommunications Company (SHEN) 14,000 shares
  46. SRS Lab Inc (SRSL) 20,000 shares
  47. Gamco Global Gold Natural Resources & Income Trust (NYSEAMX:GGN) 10,240 shares
  48. Comverse Technology (CMVT) 15,500 shares
  49. Exfo Inc. (EXFO) 10,000 shares
  50. A.H. Belo Corporation (AHC) 25,000 shares
  51. PLX Technology, Inc (PLXT) 17,000 shares
  52. Ramtron International (RMTR) 10,930 shares
  53. Sun Healthcare Group Inc (SUNH) 12,000 shares
  54. Transcend Svcs (TRCR) 679,500 shares


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