Mario Gabelli Stock Picks for 2023: Top 5

4. CNH Industrial N.V. (NYSE:CNHI)

GAMCO Investors’ Q4 2022 Stake: $150 million

Number of Hedge Fund Holders in Q3 2022: 28

CNH Industrial N.V. (NYSE:CNHI) is a British machine and automaker. The firm makes and sells buses, trucks, and construction equipment.

CNH Industrial N.V. (NYSE:CNHI) scored an impressive win in February 2023 when it revealed that it received the highest score in industry and machinery in the S&P’s Global Sustainability Yearbook for 2023. Mr. Gabelli’s hedge fund owned a $150 million stake in the firm in Q4 2022 that came courtesy of 9.3 million shares.

As last year’s third quarter ended, 28 of the 920 hedge funds polled by Insider Monkey had invested in CNH Industrial N.V. (NYSE:CNHI).

CNH Industrial N.V. (NYSE:CNHI)’s largest investor is Natixis Global Asset Management’s Harris Associates which owns 91 million shares that are worth $1.4 billion.

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