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Billionaire Mario Gabelli’s GAMCO Investors Discloses 5% Stake in Powersecure International, Inc. (POWR)

Billionaire Mario Gabelli‘s GAMCO Investors has disclosed its position in PowerSecure International, Inc. (NASDAQ:POWR). According to a 13D filing with the US Securities and Exchange Commission, GAMCO Investors and its affiliates own in aggregate around 1.27 million shares of the company, equal to 5.62% of the outstanding stock. Out of the aggregate amount, GAMCO holds 567,684 shares. The fund did not report holding shares in its last 13F filing.


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Overall, at the end of the fourth quarter, a total of 12 of the hedge funds tracked by Insider Monkey were long PowerSecure International, a change of 20% from the third quarter. Among these funds, Chuck Royce’s Royce & Associates has the largest position in PowerSecure International, Inc. (NASDAQ:POWR), worth close to $3.6 million. Royce initiated it position during the last three months of 2015. The second largest stake is held by Jim Simons’ Renaissance Technologies, worth around $2.3 million. Other funds with long positions include Andy Redleaf’s Whitebox Advisors and Israel Englander’s Millennium Management.

In addition, Richard Driehaus’ Driehaus Capital also initiated a $1.3 million position in PowerSecure during the fourth quarter. Among other investors with new positions in the company are Mark Broach’s Manatuck Hill Partners, Dmitry Balyasny’s Balyasny Asset Management, and Peter Algert and Kevin Coldiron’s Algert Coldiron Investors.

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 605,500 605,500 605,500 2.69%
GAMCO Asset Management Inc. I.D. No. 13-40445 567,684 567,684 567,684 2.52%
Gabelli Securities, Inc. I.D. No. 13-3379374 91,835 91,835 91,835 0.41%
GGCP, Inc. I.D. No. 13-3056041 0.00%
GAMCO Investors, Inc. I.D. No. 13-400786 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) 0.00%
Mario J. Gabelli 0.00%
Mario Gabelli
Mario Gabelli
GAMCO Investors

Page 1 of 17 SEC Filing

Washington, D.C. 20549
Under the Securities Exchange Act of 1934
PowerSecure International, Inc.
(Name of Issuer)
Common Shares
(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)
______________________ March 8, 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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