The Gabelli Focus Five Fund
Schedule of Investments — June 30, 2020 (Unaudited)
Shares | Market | |||||||
COMMON STOCKS — 90.1% | ||||||||
Aerospace and Defense — 1.9% | ||||||||
15,000 | Aerojet Rocketdyne Holdings Inc.† | $ | 594,600 | |||||
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Automotive: Parts and Accessories — 3.7% |
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15,000 | Aptiv plc | 1,168,800 | ||||||
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Building and Construction — 7.2% | ||||||||
75,000 | Herc Holdings Inc.† | 2,304,750 | ||||||
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Business Services — 3.4% | ||||||||
35,000 | Macquarie Infrastructure Corp. | 1,074,150 | ||||||
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Cable and Satellite — 4.8% | ||||||||
16,000 | EchoStar Corp., Cl. A† | 447,360 | ||||||
37,500 | Liberty Media Corp.- Liberty Formula One, Cl. A† | 1,094,250 | ||||||
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1,541,610 | ||||||||
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Computer Software and Services — 6.2% | ||||||||
1,400 | Alphabet Inc., Cl. C† | 1,979,054 | ||||||
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Consumer Services — 6.9% | ||||||||
9,500 | GCI Liberty Inc., Cl. A† | 675,640 | ||||||
42,500 | ServiceMaster Global Holdings Inc.† | 1,516,825 | ||||||
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2,192,465 | ||||||||
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Diversified Industrial — 5.8% | ||||||||
25,000 | Colfax Corp.†. | 697,500 | ||||||
70,000 | Ferro Corp.† | 835,800 | ||||||
850 | Roper Technologies Inc | 330,021 | ||||||
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1,863,321 | ||||||||
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Energy and Utilities — 7.0% | ||||||||
43,500 | NextEra Energy Partners LP | 2,230,680 | ||||||
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Entertainment — 3.7% | ||||||||
203,600 | Sirius XM Holdings Inc. | 1,195,132 | ||||||
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Financial Services — 8.8% | ||||||||
25,000 | Apollo Global Management Inc | 1,248,000 | ||||||
7,500 | E*TRADE Financial Corp | 372,975 | ||||||
70,000 | New York Community Bancorp Inc | 714,000 | ||||||
2,750 | PayPal Holdings Inc.† | 479,134 | ||||||
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2,814,109 | ||||||||
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Food and Beverage — 12.3% | ||||||||
69,000 | Maple Leaf Foods Inc. | 1,449,020 |
Shares | Market | |||||||
16,500 | Mondelēz International Inc., Cl. A | $ | 843,645 | |||||
18,500 | Post Holdings Inc.† | 1,620,970 | ||||||
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3,913,635 | ||||||||
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Health Care — 5.2% | ||||||||
120,480 | Option Care Health Inc.† | 1,672,262 | ||||||
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Hotels and Gaming — 1.1% | ||||||||
20,000 | MGM Resorts International | 336,000 | ||||||
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Real Estate — 5.8% | ||||||||
7,500 | Hannon Armstrong Sustainable Infrastructure Capital Inc., REIT | 213,450 | ||||||
60,000 | MGM Growth Properties LLC, Cl. A, REIT | 1,632,600 | ||||||
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1,846,050 | ||||||||
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Retail — 3.4% | ||||||||
12,500 | PetIQ Inc.† | 435,500 | ||||||
12,500 | Shake Shack Inc., Cl. A† | 662,250 | ||||||
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1,097,750 | ||||||||
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Telecommunications — 2.9% | ||||||||
9,000 | T-Mobile US Inc.† | 937,350 | ||||||
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TOTAL COMMON STOCKS | 28,761,718 | |||||||
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RIGHTS — 0.0% | ||||||||
Telecommunications — 0.0% | ||||||||
10,000 | T-Mobile US Inc., expire 07/27/20† | 1,680 | ||||||
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Principal | ||||||||
U.S. GOVERNMENT OBLIGATIONS — 9.9% |
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$3,170,000 | U.S. Treasury Bills, | 3,169,493 | ||||||
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TOTAL INVESTMENTS — 100.0% | $ | 31,932,891 | ||||||
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† | Non-income producing security. |
†† | Represents annualized yields at dates of purchase. |
REIT | Real Estate Investment Trust |
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