Mario Gabelli's First Quarter Increases

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May 20, 2013
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Mario Gabelli’s current portfolio contains 793 stocks with 41 of those being new buys from the first quarter of 2013. The portfolio is currently valued at $15,629 million. Gabelli is the founder, chairman and CEO of GAMCO, a multi-billion dollar global investment firm headquartered in New York.



In the first quarter, Mario Gabelli increased his holdings in 270 stocks. The following companies represent the top five highest increases Gabelli made during the first quarter.

1. Gardner Denver (GDI)

Gabelli made a significant increase to his holdings in Gardner Denver, increasing his holdings on the stock by 3356.57%. Gabelli bought a total of 1,027,710 shares at an average price of $71.19. He now holds on to 1,057,710 shares of Gardner Denver which makes up 0.51% of his total portfolio.



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Gardner Denver designs, manufactures and markets engineered industrial machinery and related parts and services. The company is a manufacturer of highly engineered stationary air compressors and blowers for industrial applications. The company also supplies pumps and compressors for OEM applications such as medical equipment, vapor recovery, printing, packaging and laboratory equipment.

The company currently trades around $75.20 per share with a market cap of $3.7 billion. The company’s P/E ratio is 14.60 and its P/S ratio is at 1.64. Gardner Denver had an average annual revenue growth of 12.6% over the past ten years.

2. AuRico Gold (AUQ)

Gabelli increased his holdings in AuRico Gold 1487.43% during the most recent quarter. Gabelli bought a total of 148,743 shares at an average price of $7.05 per share. Since his buy the price per share has declined -39.3%. Gabelli owns 158,743 shares of AuRico Gold representing 0.0064% of his total portfolio.



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AuRico Gold is a Canadian gold producer (also traded in Canada as TSX:AUQ). AuRico has a portfolio of three mines and several advanced development projects in North America that have significant production growth and exploration potential. The company’s flagship asset is the Ocampo gold-silver operations in Chihuahua State, Mexico.

AuRico Gold has a market cap of $1.07 billion; it trades at $4.38 per share with a P/E ratio of 214.10. The company’s earnings growth has dropped -110.5% in the past year as the price and necessity of gold declines.

3. HJ Heinz (HNZ)

Gabelli added 1,738,398 shares of Heinz during the first quarter, representing a 1388.49% increase in the stock. He bought the shares at an average price of $66.12 per share. Since his buy the price per share of Heinz has increased 9.5% from the average purchase price. Gabelli currently holds 1,863,599 shares of Heinz making up 0.86% of his total portfolio.



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Heinz manufactures and markets an extensive line of food products throughout the world. Its main products include ketchup, condiments and sauces, frozen food, soups, pasta meals, infant nutrition and other food products.

Heinz is currently trading around $72.45 per share; it has a market cap of $23.24 billion with a P/E ratio of 23.60 and a P/S ratio of 2.00. HJ Heinz had an average annual earnings growth of 4.6% over the past 10 years.

4. ConAgra Foods (CAG)

In the most recent quarter Gabelli increased his holdings in ConAgra Foods by 726.13%. Gabelli purchased 213,481 shares at an average price of $33.25 per share. The guru now holds on to a total of 247,881 shares. This holding makes up 0.056% of his total portfolio.



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ConAgra Foods is one of North America’s largest food companies. ConAgra’s portfolio includes products such as Banquet, Chef Boyardee, Egg Beaters, Hunt’s, Marie Callender’s and PAM. These products can be found in grocery, convenience, mass merchandise and club stores.

ConAgra Foods has a market cap of $15.07 billion; its P/E ratio is at 28.40 and its P/S ratio is 1.00. The company currently trades at $35.88. The company had an average annual earnings growth of 4.9% over the past five years.

5. Blucora Inc. (BCOR)

During the first quarter Gabelli added 119,050 shares to his holding in Blucora. This makes for a 410.52% increase. Gabelli purchased these shares at an average price of $15.51 per share. Since his buy the price per share has increased 16.7% from the average purchase price. Mario Gabelli currently holds on to 148,050 shares of the company representing 0.015% of his total portfolio.



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Blucora operates two internet businesses: InfoSpace and TaxACT. InfoSpace provides online search and monetization solutions to a network of over 100 global partners. Through TaxACT, the company provides online tax preparation solutions to consumers and professional preparers.

Blucora has a market cap of $735.3 million and currently trades at $18.02. The company has a P/E ratio of 23 and a P/S ratio of 1.70. Blucora had an average annual earnings growth of 39.4% over the past four years.

You can view Mario Gabelli ‘s complete portfolio here. Also, check out his Undervalued Stocks, Top Yield Stock and High Growth Companies.