Mario Gabelli (Trades, Portfolio) is the founder, chairman and CEO of Gabelli Asset Management Company Investors (GAMCO Investors), a $30 billion global investment firm headquartered in Rye, New York. In both fourth quarter 2015 and first quarter 2016 the guru bought shares in the following stocks:
California Resources Corp. (CRC)
During fourth quarter 2015, the guru increased his stake by 32.68% and in the first quarter increased it 23.24%. The fund currently holds 0.03% of outstanding shares in the stock, an independent company and leading producer of oil and natural gas focused exclusively on California.
First quarter adjusted net loss was 26 cents per diluted share compared with an adjusted net loss of 25 cents per diluted share for the first quarter of 2015. Adjusted EBITDAX was $124 million, compared with $198 million for the same quarter of 2015.
The largest shareholder among the gurus is George Soros (Trades, Portfolio) with 2.06% of outstanding shares followed by Barrow, Hanley, Mewhinney & Strauss with 0.43%, Jeremy Grantham (Trades, Portfolio) with 0.05%, Pioneer Investments (Trades, Portfolio) with 0.02%, Paul Tudor Jones (Trades, Portfolio) with 0.01% and Dodge & Cox with 0.01%.
Cardiovascular Systems Inc. (CSII)
During fourth quarter 2015, the guru increased his stake by 5.07% and in the first quarter increased the stake 3.13%. The fund currently holds 0.11% of the company's outstanding shares. It is engaged in developing, manufacturing and marketing devices for the treatment of vascular diseases. It treats patients suffering from peripheral and coronary arterial diseases, including those with arterial calcium, the difficult arterial disease to treat.
Third quarter revenue grew 17% from the same quarter of a year before and gross profit margin increased to 80.4% from 77.8%.
Mairs and Power (Trades, Portfolio) is the company's largest shareholder among the gurus with 0.75% of outstanding shares followed by Jim Simons (Trades, Portfolio) with 0.51%.
GNC Holdings Inc. (GNC)
During fourth quarter 2015, Gabelli increased his stake by 4.72% and by 16.90% in the first quarter. The fund currently holds 0.01% of outstanding shares in the company, a specialty retailer of health and wellness products including VMHS products, sports nutrition products and diet products. The company's business segments include Retail, Franchising and Manufacturing/Wholesale.
First quarter revenue had a decrease of 1.8%, and same-store sales decreased 2.6% in domestic company-owned stores.
The largest shareholder among the gurus is Joel Greenblatt (Trades, Portfolio) with 2.81% of outstanding shares followed by Steven Cohen (Trades, Portfolio) with 1.13%, Louis Moore Bacon (Trades, Portfolio) with 0.73%, Simons with 0.63% and Private Capital (Trades, Portfolio) with 0.6%.
HRG Group Inc. (HRG)
During fourth quarter 2015, the guru increased the stake by 54.55% and in the first quarter increase the stake by 168.82%. The fund currently holds 0.02% of outstanding shares of the company which conducts its principal operations through Spectrum Brands, its majority owned subsidiary that provides branded consumer products such as batteries, personal care products, small household appliances, pet supplies and home and garden pest control products, and FGL, its wholly owned indirect subsidiary that provides life insurance and annuity products.
It reported strong results the first quarter, highlighted by solid consolidated topline growth at HRG overall as well as another excellent performance from the Consumer Products segment, which included record first quarter revenue and Adjusted EBITDA at Spectrum Brands.
Leucadia National (Trades, Portfolio) is the company's largest shareholder among the gurus with 23.22% of outstanding shares followed by Leon Cooperman (Trades, Portfolio) with 6.06%, Columbia Wanger (Trades, Portfolio) with 2.29%, Simons with 0.48%, First Eagle Investment (Trades, Portfolio) with 0.13% and Murray Stahl (Trades, Portfolio) with 0.02%.
Novo Nordisk A/S (NVO)
During fourth quarter 2015, Gabelli increased his stake by 0.65 % and increased the stake by 0.24% in the first quarter. The company manufactures and markets pharmaceutical products and services that make a significant difference to patients, the medical profession and society.
The largest shareholder among the gurus is Simons with 0.5% of outstanding shares followed by Ken Fisher (Trades, Portfolio) with 0.43%, Spiros Segalas (Trades, Portfolio) with 0.24% and Tom Gayner (Trades, Portfolio) with 0.04%.
ORBCOMM Inc. (ORBC)
During fourth quarter 2015, the guru increased the stake by 338.04% and increased it by 20.67% in the first quarter. The fund currently holds 0.09% of outstanding shares of the company, a provider of machine-to-machine "M2M" communication solutions, including network connectivity, devices and web-reporting applications.
First quarter adjusted EBITDA increased year over year by 18%, and revenues grew 3% from the same quarter of a year before.
John Rogers (Trades, Portfolio) is the company's largest shareholder among the gurus with 6.82%, of outstanding shares followed by Chuck Royce (Trades, Portfolio) with 2.26%.
Inventure Foods Inc. (SNAK)
During fourth quarter 2015, the fund increased its stake by 31.38% and increased the stake 29.08% in the first quarter. The fund currently holds 0.44% of outstanding shares of the company, a marketer and manufacturer of healthy/natural and indulgent specialty snack food brands. In December 1996, it completed an initial public offering of its common stock. It operates in two segments: frozen products and snack products.
During the first quarter consolidated net revenues decreased 10.0% and gross profit was $8.8 million, compared to a loss of $(3.7) million in the first quarter of 2015.
The largest shareholder among the gurus is Royce with 2.36% of outstanding shares.
Tiffany & Co. (TIF)
During fourth quarter 2015, the guru increased the stake by 0.16% and increased it 0.05% in the first quarter. The fund currently holds 0.01% of outstanding shares in the company, which through its subsidiary operates as a jeweler and specialty retailer of fine jewelry. The company's product category is jewelry. The company sells timepieces, sterling silver goods, china crystal, stationery, fragrances, personal accessories and leather goods.
In the first quarter worldwide net sales declined 2%, reflecting lower sales in the Americas and Asia-Pacific and sales growth in Japan and Europe and comparable store sales declined 5%.
Ruane Cunniff (Trades, Portfolio) is the company's largest shareholder among the gurus with 1.7% of outstanding shares followed by Segalas with 1.51%, First Eagle Investment (Trades, Portfolio) with 0.85%, Pioneer Investments (Trades, Portfolio) with 0.44%, Rogers with 0.31% and Ron Baron (Trades, Portfolio) with 0.28%.
Atmel Corp. (ATML)
During fourth quarter 2015, the fund increased its stake by 124.41% and increase it 50.89% in the first quarter. The fund currently holds 0.06% of outstanding shares in the company which designs, develops and supplies microcontrollers, self-contained computers on a chip. It organizes its business into four reportable operating segments: Microcontrollers, Nonvolatile Memories, Radio Frequency and Application Specific Integrated Circuits.
The largest shareholder among the gurus is Grantham with 0.14% of outstanding shares.
Disclosure: I do not own any shares of any stocks mentioned in this article.
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