GAMCO is known for its research-driven approach to equity investing. GAMCO conducts its investment advisory business principally through two subsidiaries: GAMCO Asset Management Inc. (approximately 1,500 institutional and private wealth separate accounts, principally in the U.S.) and Gabelli Funds, LLC (24 open-end funds, a SICAV, and 16 closed-end funds). GAMCO serves a broad client base including institutions, intermediaries, offshore investors, private wealth, and direct retail investors.
GAMCO offers a wide range of solutions across Value and Growth Equity, ESG-SRI, Convertibles, sector- focused strategies including Gold and Utilities, Merger Arbitrage, and Fixed Income. In 1977, GAMCO launched its flagship All Cap Value strategy, Gabelli Value, and in 1986 launched its mutual fund business. In addition to its Value strategies, for over 30 years the firm has managed solutions in Growth and Global Growth Equity, Convertibles, SRI, and Merger Arbitrage.
Company profile
Ticker
GAMI, GAMI
Exchange
Website
CEO
Mario Gabelli
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
ALPHA G INC, GABELLI ASSET MANAGEMENT INC
SEC CIK
Corporate docs
Subsidiaries
Gabelli Funds, LLC • GAMCO Asset Management Inc. • Gabelli Fixed Income, Inc. • GAMCO Asset Management (UK) Limited • Gabelli Fixed Income L.L.C. • GAMCO Acquisition LLC • Distributors Holdings, Inc. • G.distributors, LLC • (100%-owned by Distributors Holdings • Gabelli Japan K.K. ...
IRS number
134007862
GAMI stock data
Latest filings (excl ownership)
15-15D
Suspension of duty to report
7 Oct 22
8-K
GAMCO Expects to Report Diluted EPS for the Third Quarter 2022 of $0.33 to $0.38 Per Share
4 Oct 22
25
Voluntary exchange delisting
26 Sep 22
EFFECT
Notice of effectiveness
22 Sep 22
EFFECT
Notice of effectiveness
22 Sep 22
S-8 POS
Registration of securities for employees (post-effective amendment)
20 Sep 22
S-8 POS
Registration of securities for employees (post-effective amendment)
20 Sep 22
POS AM
Prospectus update (post-effective amendment)
20 Sep 22
S-8 POS
Registration of securities for employees (post-effective amendment)
20 Sep 22
S-8 POS
Registration of securities for employees (post-effective amendment)
20 Sep 22
Latest ownership filings
SC 13G/A
Neuberger Berman Group LLC
13 Feb 24
SC 13G/A
HORIZON KINETICS ASSET MANAGEMENT LLC
12 Feb 24
SC 13G/A
Neuberger Berman Group LLC
10 Feb 23
SC 13G/A
HORIZON KINETICS ASSET MANAGEMENT LLC
30 Jan 23
4
MARIO J GABELLI
9 Dec 22
4
MARIO J GABELLI
14 Nov 22
SC 13D/A
GGCP, INC.
9 Nov 22
4
MARIO J GABELLI
31 Oct 22
4
MARIO J GABELLI
27 Oct 22
4
MARIO J GABELLI
24 Oct 22
Financial summary
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Diluted EPS |
Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 133.89 mm | 133.89 mm | 133.89 mm | 133.89 mm | 133.89 mm | 133.89 mm |
Cash burn (monthly) | 3.49 mm | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 75.73 mm | n/a | n/a | n/a | n/a | n/a |
Cash remaining | 58.16 mm | n/a | n/a | n/a | n/a | n/a |
Runway (months of cash) | 16.7 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q1 2023
73.6% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 3 |
Opened positions | 0 |
Closed positions | 3 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 76.82 mm |
Total shares | 4.34 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
GGCP | 3.04 mm | $52.08 mm |
FREDERICK J. MANCHESKI REVOCABLE TRUST INDENTURE, dated June 8, 1999, as amended | 1.14 mm | $21.70 mm |
Greenwich Wealth Management | 160.09 k | $3.03 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
8 Dec 22 | Associated Capital Group Inc - Ordinary Shares | Class A Common Stock | Sell | Dispose S | No | No | 16 | 218 | 3.49 k | 1,597,891 |
10 Nov 22 | Associated Capital Group Inc - Ordinary Shares | Class A Common Stock | Sell | Dispose S | No | No | 17 | 3,482 | 59.19 k | 1,598,109 |
28 Oct 22 | Associated Capital Group Inc - Ordinary Shares | Class A Common Stock | Sell | Dispose S | No | No | 16.9188 | 800 | 13.54 k | 1,601,591 |
27 Oct 22 | Associated Capital Group Inc - Ordinary Shares | Class A Common Stock | Sell | Dispose S | No | No | 16.5 | 1,500 | 24.75 k | 1,602,391 |
26 Oct 22 | Associated Capital Group Inc - Ordinary Shares | Class A Common Stock | Sell | Dispose S | No | No | 15.4283 | 3,000 | 46.28 k | 1,603,891 |
21 Oct 22 | Associated Capital Group Inc - Ordinary Shares | Class A Common Stock | Sell | Dispose S | No | No | 15 | 1,500 | 22.50 k | 1,606,891 |
Press releases
GAMCO Expects to Report Diluted EPS for the First Quarter 2024 of $0.61 to $0.67 Per Share
1 Apr 24
Gabelli Convertible and Income Securities Fund Appoints Christina A. Peeney to Board of Directors
27 Mar 24
Gabelli Global Utility & Income Trust Appoints Nicolas W. Platt to Board of Trustees
26 Mar 24
Gabelli Multimedia Trust Appoints Susan Watson Laughlin to the Board of Trustees
25 Mar 24
Gabelli Utilities Fund Reaffirms $0.88 Distribution Policy and Announces Conversion of C1 Class
29 Feb 24