Is it omniscience, intelligence or knowledge - or some rare
combination of faculties? Whatever it is, Guru
's trading is a fascinating study. His discipline is like
clockwork. In the first quarter of 2013, GAMCO Investors'
chairman and CEO
sold out smaller holdings with 15 companies. In all of his
selling history, a pattern starts to emerge. With great
precision, much of Gabelli's trading shows a quarterly series of
gradual reductions that correspond to a parallel, gradual drop in
gains. In almost every case, he gets out at the low with a gain.
The pattern is so clear it makes you wonder if the market is
actually anticipating him. However, some of his larger holding
sell outs in the last quarter don't exemplify this pattern. As of
March 31, 2013, Gabelli is clipping some late bloomers.
Sold Out: Nobility Homes Inc. (
) - Residential Construction
sold out his position with NOBH, as of March 31, 2013, unloading
193,273 shares at an average price of $5.13 per share, for a gain
of 36.5%. Gabelli held NOBH for 18 quarters, with consistent
losses in the first 12 quarters. This holding began making money
in the fourth quarter of 2011 until the end of first quarter
2013, when he sold out.
This trade impacts his portfolio by -0.01%.
The current share price is $7.00 compared to valuations over 10
NOBH data by GuruFocus.com
Sold Out: Clearwire Corp. (
) - Telecom Services
Mario Gabelli sold out his position with CLWR, as of March 31,
2013, unloading 103,200 shares at an average price of $3.17 per
share, for a gain of 0%. Gabelli held CLWR for 15 quarters, with
consistent losses in the first 12 quarters. This holding began
making money in the third quarter of 2011 until the end of first
quarter 2013, when he sold out.
The current share price is $3.17 compared to valuations over the
CLWR data by GuruFocus.com
Sold Out: Nexen Inc. (
) - Oil & Gas E&P
Mario Gabelli sold out his position with NXY, as of March 31,
2013, unloading 309,400 shares at an average price of $26.94 per
share, for a gain of 1.7%. Gabelli held NXY for 9 quarters,
always in the green. His highest gain was 37.5% in the third
quarter of 2010.
This trade impacts Gabelli's portfolio by -0.06%.
The current share price is $27.41 compared to valuations over 10
NXY data by GuruFocus.com
As of May 17, 2013, GAMCO Investors lists 793 stocks, 41 of them
new, in a portfolio with a total value of $15.6 billion, and a
quarter-over-quarter turnover at 6%. Study Mario Gabelli's first
quarter 2013 sell outs in detail.
Here's a look at Mario Gabelli's recent top buys, sells,
If you are not yet a Premium Member, we invite you for
7-day Free Trial
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.
GuruFocus' Score Board of Gurus
shows which investors produced the largest average returns in
the past 6 and 12 months, as well as on a historical basis.
About GuruFocus: GuruFocus.com tracks the stocks picks and
portfolio holdings of the world's best investors. This value
investing site offers stock screeners and valuation tools. And
publishes daily articles tracking the latest moves of the world's
best investors. GuruFocus also provides promising stock ideas in
3 monthly newsletters sent to