There may be some debate as to whether activist shareholders are good for the long-term health of companies, but there is no debating their results. In 2012, 2013, and 2014, activist investment strategies returned 9.3%, 19.2%, and 8.5% respectively per year. While new activist positions may not be moving the needle quite as much as they once were, the market still values activist involvement in companies. In this article, we reveal one of the latest activist filings, issued by Mario Gabelli‘s GAMCO Investors, disclosing the latest information regarding the activist’s position in Twin Disc, Incorporated (NASDAQ:TWIN). The filing details a slight dip in the fund’s ownership of the stock, and is embedded in its entirety below and on the following pages.
You can access the original SEC filing by clicking here.
Ownership Summary Table
|Name||Sole Voting Power||Shared Voting Power||Sole Dispositive Power||Shared Dispositive Power||Aggregate Amount Owned Power||Percent of Class|
|GAMCO Asset Management, Inc. I.D. No. 13-40445||944,208||1,011,208||1,011,208||8.91%|
|Teton Advisors, Inc. I.D. No. 13-4008049||293,000||293,000||293,000||2.58%|
|Gabelli Securities, Inc. I.D. No. 13-3379374||1,800||1,800||1,800||0.02%|
|GGCP, Inc. I.D. No. 13-3056041||0.00%|
|Associated Capital Group, Inc. I.D. No. 47-3965991 Check the appropriate box if a member of a group (SEE INSTRUCTIONS) (a) (b)||9,750||9,750||9,750||0.09%|
|GAMCO Investors, Inc. I.D. No. 13-400786||0.00%|
|Mario J. Gabelli||0.00%|