GAMCO Investors, managed by Mario Gabelli, is an excellent fund to follow for large-cap and small-cap stock picks. Gabelli created the company in 1977 and continues to serve as its chairman and CEO. From its inception to the end of 2020, the fund has returned 14.6 percent net of expenses, outperforming the S&P 500 by 2.7 percentage points per year. GAMCO added 63 new positions to its 13F portfolio in the fourth quarter, including numerous small-cap equities.
Insider Monkey took a look at the top 10 small-cap stocks added to billionaire Mario Gabelli’s portfolio. Thoma Bravo plans to take private Bottomline Technologies, Inc. in the second quarter of this year. The greatest new position, valued at nearly $84.7 million, was built by Matthew Halbower’s Pentwater Capital. During its fiscal Q2 of 2022, Napco Security Technologies Inc. increased revenue by 23% year over year. However, the company missed EBITDA and EPS expectations for the quarter, which were hampered by supply chain issues. One of the 10 Best Fast Food Stocks to Buy Right Now is Wendy’s Company. Since 2011, Nelson Peltz’s Trian Partners has owned a significant portion of Wendy’s. Last year, the company continues to extend its global reach by launching more than 200 new locations. During the fourth quarter, GAMCO purchased 206,827 shares of Ironnet Inc. Keith Alexander, a retired four-star general and former NSA Director, leads the cybersecurity firm. In the third quarter, the company only made $6.9 million in revenue and cost $2.22 per share. During the fourth quarter, Lee Enterprises, Incorporated was the subject of an unsolicited acquisition bid. Alden Global Capital made a $141 million takeover bid on the newspaper group and digital publisher in November. LEE turned down the offer and went with a poison pill shareholder plan instead. For more details, click Top 10 Small-Cap Stocks Added To Billionaire Mario Gabelli’s Portfolio.
