Self-made Billionaire Mario Gabelli’s Top Stock Picks

#2 Ryman Hospitality Properties, Inc. (REIT) (NYSE:RHP)

– Shares Owned by GAMCO Investors (as of March 31): 4.54 Million

– Value of Holding (as of March 31): $233.84 Million

Following a 2% decrease in its Ryman Hospitality holding GAMCO held about 8.86% of the company’s outstanding shares. Although down by 6.4% over the last 12 months, shares of Ryman Hospitality Properties, Inc. (REIT) (NYSE:RHP) are up by 2.3% so far this year. The $2.7 billion REIT offering a yield of 5.7% missed both the top and bottom line estimates in its financial results for the March quarter as its EPS $0.51 fell below the expected $0.71 and revenues of $261.5 million missed expectations by $1.8 million. Selz Capital, which is managed by Bernard Selz also holds 257,400 shares of Ryman Hospitality Properties, Inc. (REIT) (NYSE:RHP) valued at $13.25 million.

#1 Cablevision Systems Corporation (NYSE:CVC)

– Shares Owned by GAMCO Investors (as of March 31): 7.64 Million

– Value of Holding (as of March 31): $252.08 Million

GAMCO significantly downsized its stake in one of the largest cable providers in U.S by 16% during the first trimester. Over the past twelve months Cablevision Systems Corporation (NYSE:CVC)’s stock price has surged by more than 68% with most of that hike coming in September when European communications firm Altice entered into an agreement to purchase Cablevision at a decent premium. U.S regulators gave their approval for the acquisition earlier this month. Jonathan Lourie and Stuart Fiertz‘s Cheyne Capital holds about 1.17 million shares of Cablevision Systems Corporation (NYSE:CVC) after hiking the stake by 24% in the first quarter.

Disclosure: None