Mario Gabelli Stock Portfolio: Top 5 Stock Picks

In this article, we will list Billionaire Mario Gabelli’s top 5 stock picks. Please visit Mario Gabelli Stock Portfolio: Top 10 Stock Picks if you would like to see the extended list and the methodology behind it.

5. Herc Holdings Inc. (NYSE:HRI)

GAMCO Investors’ Stake: $158 Million    

Herc Holdings Inc. (NYSE:HRI) is a relatively recent addition to the 13F portfolio of GAMCO Investors, compared to other top holdings. The fund first disclosed a stake in the company in the third quarter of 2016. This holding comprised nearly 2.5 million shares. By early 2019, the fund had grown this position to just under 4 million shares. Since then, Gabelli has steadily trimmed this stake. Filings for the fourth quarter of 2025 show that the fund owned just over a million shares in the company, down 3% compared to filings for the previous quarter.

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Hedge funds are increasingly focused on Herc Holdings Inc. (NYSE:HRI) as a strategic play on the North American infrastructure super-cycle. As of April 2026, the company has positioned itself as a primary beneficiary of large-scale federal and private construction projects. Hedge funds are betting on a massive wave of industrial construction. Management recently highlighted that roughly $600 billion in new mega-projects are slated to begin in 2026. Investors see the current market as being in the early to mid-innings of a long-term investment cycle in chip plants, EV battery factories, and renewable energy infrastructure. These massive projects require specialized equipment and long-term rental commitments, which provide Herc with highly predictable, high-margin revenue.