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Mario Gabelli Takes +5% Stakes in Global Sources Ltd and Belo Corp

In a new filing, Mario Gabelli and his fund, Gamco Investors, reported owning an aggregate amount of over 1.7 million shares of Global Sources Ltd. (Bermuda) (NASDAQ:GSOL). The position represents 5.05% of the Global Sources’ common stock. In its latest 13F, Gamco disclosed holding 349,000 shares of the company.

Mario Gabelli

In a second filing, Gamco reported an aggregate amount of 5.2 million shares of Belo Corp (NYSE:BLC), which amass around 5.4% of the company. Gamco owned some 630,000 shares at the end of the second quarter.

Disclosure: none

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