Gamco Investors Reports Position In Nobility Homes, Inc. (NOBH), Tredegar Corporation (TG) and Telephone & Data Systems Inc. (TDS)

In its latest filings, Gamco Investors, managed by billionaire Mario Gabelli, has disclosed tweaking its positions in Nobility Homes, Inc. (OTCMKTS:NOBH), Tredegar Corporation (NYSE:TG) and Telephone & Data Systems Inc. (NYSE:TDS). In the first filing, Gamco has reported raising its stake in Nobility Homes, Inc. (OTCMKTS:NOBH) to 235,000 shares from 231,500 shares held previously. The position amasses 5.79% of common stock. In total, Gabelli Funds, Teton Advisors, GSI and Gamco own an aggregate amount of 468,750 shares of the company, up from 427,450 shares reported previously.

Mario Gabelli

Nobility Homes, Inc. (OTCMKTS:NOBH) is engaged in designing, manufacturing and selling manufactured homes through its own retail sales centers throughout Florida. Also, the company is a seller of manufactured homes to independent manufactured home retail dealers and manufactured home communities on a wholesale basis.

In a separate filing, Gamco revealed that it slightly trimmed its stake in Tredegar Corporation (NYSE:TG). Gamco currently owns 3.79 million shares of the company, slightly down from 3.80 million shares disclosed at the end of the fourth quarter. The stake amasses 11.73% of common stock. The overall stake, held by GAMCO, Gabelli Funds, and Teton advisors amasses 4.52 million shares, equal to 14% of the company.

Tredegar Corporation (NYSE:TG) is a manufacturer of plastic films and aluminum extrusions. Headquartered in Richmond, Virginia, the company operates manufacturing facilities in North America, South America, Europe, and Asia. On Feb. 20, the company announced that it has increased the size of its board of directors from 10 to 12.

In another filing, Gamco reported ownership of an aggregate amount of 8.32 million shares of Telephone & Data Systems Inc. (NYSE:TDS). Out of the aggregate stake, Gamco holds 4.80 million shares, the filing shows. The stake amasses 7.74% of common stock.

Mario Gabelli’s asset manager GAMCO Investors has beaten the S&P 500 by a little over 2% per year since inception in 1986, and his small cap picks have done even better. No wonder the firm now invests over $30 billion. Gabelli who was named Morningstar’s Fund Manager of the Year in 1997 and The Institutional Investor’s Money Manager of the Year in 2010.

At the end of the fourth quarter of 2013, total value of the equity portfolio of Gamco was $18.65 billion. Gamco had the largest investment in DIRECTV (NASDAQ:DTV), the position amassing 4.54 million shares, with a reported value of nearly $314 million.

Disclosure: none

Recommended Reading:

Corvex Capital Exercises Options and Reiterates Stake in Signet Jewelers Limited (SIG)

Carl Wiese’s Grow Partners Top Picks in Q4

York Capital Management’s Top Q4 Holdings

Comments
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months. Our beta is only 1.2 (don't click this link if beating the market isn't important to you).

Lists

The Best B-Boy Movies

Most Awesome Hip Hop Documentaries

Foods That Stain Your Teeth

Richest Doctors in the World

The Best Movie Sountracks Ever

The Highest Grossing Musicals on Broadway

The Most Successful Reality TV Stars

Cheapest Cities to Visit in the US

Most Expensive Summer Camps

Most Expensive Animals in the World

Most Expensive Specialty Crops in the World

Movies That Took Ages to Make

The Longest Hollywood Films Ever Made

Most Expensive Concert Stages

The Richest Bands of all Time

10 Most Corrupt Countries 2013 List

10 Countries with the Highest Quality of Life Index

Most Expensive Mattresses in the World

5 Smallest Countries by Land Area

The Ultimate Heartbreak Songs

Richest Teenagers in the World

10 Most Haunted Places in America

10 Best Places to Retire in Florida East Coast

Top 10 Places to See Before You Die

Top 8 Countries in the World Where Justice Prevails

10 Richest States in America

15 Wealthiest Countries in the World

Richest Singers in the World

Most Expensive Tasting Menu in New York City

Most Expensive Baby Items in the World

Most Expensive Hotel Suites in Vegas

Most Expensive Brunch in New York City

Most Expensive Beef Cuts in the World

25 Best Colleges to Get a Job

Top 10 US Supermarkets

The 25 Most Dangerous Cities in the World to Visit

Most Expensive Xbox Games

Top 11 Cities Where Billionaires Live

Top 10 Most Charitable Companies in America

Most Expensive Seafood in the World

The 10 Wildest Conspiracy Theories

The 10 Best Job Markets in the US

Top 10 Accounting Scandals of All Time

The 25 Biggest Cities in the World

Top 10 Best Paying Virtual Jobs

Most Expensive Leather Shoes in the World

Top 6 Things to Buy in March

The 10 Most Stressful Jobs in America – 2014 List

Top 10 Jobs for Introverted People

Top 10 Honeymoon Destinations in the World

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!