The updated portfolio of Mario Gabelli’s GAMCO Investors lists 820 stocks, 55 of them new, a total value at $17.02 billion, and a quarter-over-quarter turnover of 6%. The portfolio is currently weighted with top three sectors: industrials at 24.6%, consumer cyclical at 20.3% and consumer defensive at 10.8%. The stocks bought by Gabelli averaged a return of 14.82% over 12 months.
According to GuruFocus Real Time Picks, Mario Gabelli just made a reduction to his large stake in Sevcon Inc. (SEV, Financial). As a designer and manufacturer of microprocessor-based controls for zero emission electric vehicles, Sevcon is a small cap way ahead of its time, carving out a global niche for itself. Sevcon controls are used to control and change a vehicle’s speed and movement, integrate functions and make energy consumption more efficient. Sevcon supplies manufacturing customers worldwide; its semiconductors and microprocessors are used in many kinds of electrically-powered vehicles, lifts, and equipment types. According to a company press release, Sevcon’s Gen4 motor for on-road electric vehicles will potentially increase the business in the future.
Here is a real-time look at Mario Gabelli’s most recent reduction and an inside look at the company Sevcon, reporting financial results for its third quarter of fiscal 2013 with revenue of $8.7 million, up slightly from $8.9 million in the same quarter of fiscal 2012. Sevcon’s operating income came in at $293,000 for the reporting quarter, up from $35,000 in the same quarter a year ago. The company’s operating income was down by $256,000, citing the weakness of the US dollar compared to the Euro. Quarterly net income of $124,000 was down from the year-ago quarter at $156,000. Earnings of $0.04 per diluted share in the reporting quarter are off from earnings a year ago at $0.05 per diluted share.
With a trading history dating back to June 30, 2010, Mario Gabelli is the sole guru invested in Sevcon. Guru Gabelli holds 16.25% of shares outstanding.
Sevcon Inc. (SEV)
Up 21% over 12 months, Sevcon Inc.has a market cap of $16.4 million; its shares were traded at around $4.72 with a P/B ratio of 2.70. The company does not pay a dividend.
Here’s the GuruFocus analysis with two warnings signs about SEV.
Real Time Guru Action: As of Nov. 27, 2013, Mario Gabelli reduced his position by 1.14%, selling shares in the average price range of $4.72.
Over eight quarters, with only two gaining quarters, Gabelli has averaged a loss of 27% on 570,379 shares bought at an average price of $6.43 per share. His highest gain of 23.9% was made on 160 shares bought at an average price of $3.81 per share. He also gained 14.3% in the fourth quarter of 2012 when he bought 8,000 shares at an average price of $4.13 per share.
In the third quarter of 2013, he gained 6.5% on 4,179 shares bought at an average price of $5.05.
Gabelli’s current Sevcon shares are 563,900.
Here’s one recent insider trading.
Tracking historical data:
Here is the complete portfolio of Mario Gabelli.
Here’s a look at Mario Gabelli’s recent top buys, sells, holdings:
Use the GuruFocus Value Screen to find 52-Week Lows and discover potentially deep value stocks held by billionaire Guru investors.
GuruFocus Real Time Picks reports the stock purchases and sales that Gurus have made within the prior 2 weeks. The report time lag can be as short as 2 days after the date of the transaction. This feature is for Premium Members only.
If you are not a Premium Member, we invite you for a 7-day Free Trial.
According to GuruFocus Real Time Picks, Mario Gabelli just made a reduction to his large stake in Sevcon Inc. (SEV, Financial). As a designer and manufacturer of microprocessor-based controls for zero emission electric vehicles, Sevcon is a small cap way ahead of its time, carving out a global niche for itself. Sevcon controls are used to control and change a vehicle’s speed and movement, integrate functions and make energy consumption more efficient. Sevcon supplies manufacturing customers worldwide; its semiconductors and microprocessors are used in many kinds of electrically-powered vehicles, lifts, and equipment types. According to a company press release, Sevcon’s Gen4 motor for on-road electric vehicles will potentially increase the business in the future.
Here is a real-time look at Mario Gabelli’s most recent reduction and an inside look at the company Sevcon, reporting financial results for its third quarter of fiscal 2013 with revenue of $8.7 million, up slightly from $8.9 million in the same quarter of fiscal 2012. Sevcon’s operating income came in at $293,000 for the reporting quarter, up from $35,000 in the same quarter a year ago. The company’s operating income was down by $256,000, citing the weakness of the US dollar compared to the Euro. Quarterly net income of $124,000 was down from the year-ago quarter at $156,000. Earnings of $0.04 per diluted share in the reporting quarter are off from earnings a year ago at $0.05 per diluted share.
With a trading history dating back to June 30, 2010, Mario Gabelli is the sole guru invested in Sevcon. Guru Gabelli holds 16.25% of shares outstanding.
Sevcon Inc. (SEV)
Up 21% over 12 months, Sevcon Inc.has a market cap of $16.4 million; its shares were traded at around $4.72 with a P/B ratio of 2.70. The company does not pay a dividend.
Here’s the GuruFocus analysis with two warnings signs about SEV.
Real Time Guru Action: As of Nov. 27, 2013, Mario Gabelli reduced his position by 1.14%, selling shares in the average price range of $4.72.
Over eight quarters, with only two gaining quarters, Gabelli has averaged a loss of 27% on 570,379 shares bought at an average price of $6.43 per share. His highest gain of 23.9% was made on 160 shares bought at an average price of $3.81 per share. He also gained 14.3% in the fourth quarter of 2012 when he bought 8,000 shares at an average price of $4.13 per share.
In the third quarter of 2013, he gained 6.5% on 4,179 shares bought at an average price of $5.05.
Gabelli’s current Sevcon shares are 563,900.
Here’s one recent insider trading.
Tracking historical data:
Here is the complete portfolio of Mario Gabelli.
Here’s a look at Mario Gabelli’s recent top buys, sells, holdings:
Use the GuruFocus Value Screen to find 52-Week Lows and discover potentially deep value stocks held by billionaire Guru investors.
GuruFocus Real Time Picks reports the stock purchases and sales that Gurus have made within the prior 2 weeks. The report time lag can be as short as 2 days after the date of the transaction. This feature is for Premium Members only.
If you are not a Premium Member, we invite you for a 7-day Free Trial.
