13D Filing: GAMCO Investors Trims Stake in Twin Disc Inc (TWIN)

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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
Gabelli Funds, 296,000 296,000 296,000 2.61%
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%

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Page 1 of 17 SEC Filing

Washington, D.C. 20549
Under the Securities Exchange Act of 1934 (Amendment No. 9)
Twin Disc, Incorporated
(Name of Issuer)
Common Stock
(Title of Class of Securities)
(CUSIP Number)
David Goldman
GAMCO Investors, Inc.
One Corporate Center
Rye, New York 10580-1435
(914) 921-5000
(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
______________________February 5, 2016________________________
(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box  .

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