Republic Services Inc. (RSG), Standard Register Co (SR), Sevcon Inc (SEV): Among Latest Moves by Hedge Funds

In the last couple of days several investors among those we track have disclosed changes in their equity portfolios. Bill Gates‘ Cascade Investment has further upped its stake in Republic Services Inc. (NYSE:RSG). In another filing, Edward A. Mule‘s Silver Point Capital has reduced its stake in Standard Register Co (NYSE:SR). Moreover, Mario Gabelli‘s GAMCO Investors revealed inching up its exposure to Sevcon Inc (NASDAQ:SEV).

Mario Gabelli with cereal box

As it was mentioned earlier, Bill Gates’ investment arm, Cascade Investment, has bought some more shares of Republic Services Inc. (NYSE:RSG). Following a recent acquisition of 161,300 shares, Cascade now holds around 102.86 million shares. Cascade bought the shares of Republic Services Inc. (NYSE:RSG) in one transaction at a price of close to $39.12 per share.

Silver Point Capital has sold a total of 7,800 shares of its stake in Standard Register Co (NYSE:SR). The shares have been disposed of in three open-market transactions betweem September 15 and September 17, at an average price of $5.43 per share. Following the reduction in its stake, Silver Point owns directly around 1.76 million shares of Standard Register Co (NYSE:SR). In addition, the fund owns some 5,400 shares indirectly represented by a grant offered to Anthony DiNello, who is a director of the company and an employee of Silver Point Capital.

GAMCO Investors has slightly raised its stake in Sevcon Inc (NASDAQ:SEV). The fund reported holding 598,244 shares of the company, versus 598,821 shares reported on the fund’s latest 13F. The stake held by GAMCO amasses 16.74% of the company’s outstanding stock. Overall, GAMCO Investors, Gabelli Funds, Teton Advisors, and GSI own all together around 2.14 million shares of Sevcon Inc (NASDAQ:SEV), the stake representing around 45% of the company’s common stock.

Disclosure: none