Top 5 Stock Picks of Mario Gabelli

2. Sony Group Corporation (NYSE:SONY)

Number of Hedge Fund Holders: 19  

Sony Group Corporation (NYSE:SONY) makes and sells consumer electronics. GAMCO Investors, as of the end of September, had over 1.8 million shares of the company worth $209 million in the portfolio. 

On December 16, news reports indicated that Sony Group Corporation (NYSE:SONY) had bought the recording masters and publishing music of rock legend Bruce Springsteen in a deal worth around $500 million. 

At the end of the third quarter of 2021, 19 hedge funds in the database of Insider Monkey held stakes worth $388 million in Sony Group Corporation (NYSE:SONY), compared to 20 in the previous quarter worth $409 million.