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Gamco Investors Keeps Buying Cablevision, Diebold Shares

Mario Gabelli’s Gamco Investors has increased its stake in Cablevision Systems Corporation (NYSE:CVC). According to a recent filing with the SEC, Gamco now owns a little over 21 million shares, up from 11 million previously reported. The new position is equivalent to 10% of the common stock of Cablevision.

Mario Gabelli with cereal box

Gamco has also reported an increase in their exposure to Diebold Incorporated (NYSE:DBD).The fund currently owns 5.5 million shares, up from 3.6 million at the end of the second quarter. Gamco currently owns 9% of Diebold common stock.

UPDATE: Gamco also disclosed they now own more than 5% of Marine Products Corp. (NYSE:MPX) in a third SEC filing this afternoon.

Disclosure: none

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