GABELLI & Co INVESTMENT ADVISERS 13F-HR Quarterly holdings report by institutional manager

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

OMB APPROVAL

OMB Number:		3235-0006
Expires:	Oct 31, 2018
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COLUMN 1	COLUMN 2	COLUMN 3	COLUMN 4	COLUMN 5			COLUMN 6	COLUMN 7	COLUMN 8
			VALUE	SHRS OR	SH/	PUT/	INVESTMENT	OTHER	VOTING AUTHORITY
NAME OF ISSUER	TITLE OF CLASS	CUSIP	(x$1000)	PRN AMT	PRN	CALL	DISCRETION	MANAGER	SOLE	SHARED	NONE
ACTAVIS PLC SHS	COM	G0083B108	3,577	13,896	SH		SOLE		13,896	0	0
ACTUATE CORP COM	COM	00508B102	1,758	266,362	SH		SOLE		266,362	0	0
ADCARE HEALTH SYSTEMS INC	COM	00650W300	40	10,000	SH		SOLE		10,000	0	0
ADOBE SYSTEMS INC COM	COM	00724F101	727	10,000	SH		SOLE		10,000	0	0
ADT CORPORATION COM	COM	00101J106	1,087	30,000	SH		SOLE		30,000	0	0
AKAMAI TECHNOLOGIES INC COM	COM	00971T101	567	9,000	SH		SOLE		9,000	0	0
ALCOA INC	COM	013817951	200	20,000	SH	Put	SOLE		0	0	0
ALERE INC	COM	01449J105	2,579	67,866	SH		SOLE		67,866	0	0
ALLERGAN INC	COM	018490102	31,865	149,891	SH		SOLE		149,891	0	0
AMC NETWORKS INC CL A	COM	00164V103	1,945	30,500	SH		SOLE		30,500	0	0
AMEC PLC SPONSORED ADR	COM	00167X205	172	13,260	SH		SOLE		13,260	0	0
AMERICAN EXPRESS CO	COM	025816109	326	3,500	SH		SOLE		3,500	0	0
ANN INC COM	COM	035623107	2,849	78,098	SH		SOLE		78,098	0	0
ARCP 3 3/4 12/15/20	CONVERTIBLE BOND	02917TAB0	230	250,000	PRN		SOLE		250,000	0	0
ASCMA 4 07/15/20 CV	CONVERTIBLE BOND	043632AA6	269	325,000	PRN		SOLE		325,000	0	0
ASTRAZENECA PLC ADR SPONSORED	COM	046353108	2,185	31,050	SH		SOLE		31,050	0	0
AURICO GOLD INC COM	COM	05155C105	43	13,000	SH		SOLE		13,000	0	0
AURICO GOLD INC	COM	05155C905	275	55,000	SH	Call	SOLE		0	0	0
AUXILIUM PHARMACEUTICALS INCCO	COM	05334D107	16,493	479,644	SH		SOLE		479,644	0	0
AVANIR PHARMACEUTICALS CL A NE	COM	05348P401	12,549	740,335	SH		SOLE		740,335	0	0
AVISTA CORP COM	COM	05379B107	1,414	40,000	SH		SOLE		40,000	0	0
BIOTA HOLDINGS LTD	COM	090694100	656	292,807	SH		SOLE		292,807	0	0
B2GOLD CORP COM NPV	COM	11777Q209	254	133,538	SH		SOLE		133,538	0	0
BAKER HUGHES INC	COM	057224107	1,334	23,800	SH		SOLE		23,800	0	0
BANK OF AMERICA	COM	060505104	1,945	108,729	SH		SOLE		108,729	0	0
BANK OF NEW YORK MELLON CORP	COM	064058100	446	11,000	SH		SOLE		11,000	0	0
BARRICK GOLD(R:ABX.N B:ABX US)	COM	067901108	141	13,100	SH		SOLE		13,100	0	0
BE AEROSPACE INC COM	COM	073302101	1,375	23,700	SH		SOLE		23,700	0	0
BEST BUY INC	COM	086516951	112	4,000	SH	Put	SOLE		0	0	0
BGC 4 1/2 11/15/29	CONVERTIBLE BOND	369300AL2	485	675,000	PRN		SOLE		675,000	0	0
BIOSCRIP INC	COM	09069N108	1,663	237,847	SH		SOLE		237,847	0	0
BLYTH INC	COM	09643P207	807	88,200	SH		SOLE		88,200	0	0
BOB EVANS FARMS INC COM	COM	096761101	642	12,551	SH		SOLE		12,551	0	0
BOULDER BRANDS INC COM	COM	101405108	995	90,000	SH		SOLE		90,000	0	0
BOYD GAMING CORP	COM	103304101	1,664	130,195	SH		SOLE		130,195	0	0
BROOKDALE SR LIVING INC COM	COM	112463104	423	11,534	SH		SOLE		11,534	0	0
BROOKFIELD RESIDENTIAL PPTYSCO	COM	11283W104	4,841	201,214	SH		SOLE		201,214	0	0
CABLEVISION SYS NY GROUP A	COM	12686C109	289	14,000	SH		SOLE		14,000	0	0
CARBONITE INC	COM	141337105	1,095	76,700	SH		SOLE		76,700	0	0
CAREFUSION CORP COM	COM	14170T101	20,434	344,356	SH		SOLE		344,356	0	0
CARRIZO OIL & GAS INC	COM	144577953	675	27,000	SH	Put	SOLE		0	0	0
CBS CORP CLASS A	COM	124857103	472	8,400	SH		SOLE		8,400	0	0
CHICOS FAS INC COM	COM	168615102	1,030	63,557	SH		SOLE		63,557	0	0
CHIPOTLE MEXICAN GRILL INC CL	COM	169656105	4,449	6,500	SH		SOLE		6,500	0	0
CHIQUITA BRANDS INTL INC COM	COM	170032809	14,554	1,006,510	SH		SOLE		1,006,510	0	0
CIE 3 1/8 05/15/24	CONVERTIBLE BOND	19075FAB2	622	925,000	PRN		SOLE		925,000	0	0
CINCINNATI BELL	COM	171871106	1,017	318,751	SH		SOLE		318,751	0	0
CLEAR CHANNEL OUTDOOR HLDGS CL	COM	18451C109	159	15,000	SH		SOLE		15,000	0	0
CLECO CORP NEW COM	COM	12561W105	3,388	62,126	SH		SOLE		62,126	0	0
COMCAST CORP CL A SPL	COM	20030N200	259	4,500	SH		SOLE		4,500	0	0
COMMUNITY HEALTH SYSTEMS-CVR	WARRANT AND RIGH	203668116	12	471,530	SH		SOLE		471,530	0	0
COOPER TIRE & RUBBER CO	COM	216831107	2,166	62,509	SH		SOLE		62,509	0	0
CORCEPT THERAPEUTICS INC OC-CO	COM	218352102	300	100,000	SH		SOLE		100,000	0	0
CORNING INC	COM	219350105	241	10,500	SH		SOLE		10,500	0	0
COVANCE INC COM	COM	222816100	11,400	109,785	SH		SOLE		109,785	0	0
COVIDIEN LTD	COM	G2554F113	33,015	322,788	SH		SOLE		322,788	0	0
COVISINT CORP	COM	22357R103	433	163,507	SH		SOLE		163,507	0	0
CUBIST PHARMACEUTICALS CVR	WARRANT AND RIGH	229678123	31	781,917	SH		SOLE		781,917	0	0
CUBIST PHARMACEUTICALS INC COM	COM	229678107	31,804	315,987	SH		SOLE		315,987	0	0
CURTISS WRIGHT CORP	COM	231561101	353	5,000	SH		SOLE		5,000	0	0
DAVITA INC	COM	23918K108	265	3,500	SH		SOLE		3,500	0	0
DIGITAL RIVER INC.	COM	25388B104	4,149	167,791	SH		SOLE		167,791	0	0
DIRECTV	COM	25490A309	22,344	257,719	SH		SOLE		257,719	0	0
DRESSER-RAND GROUP INC COM	COM	261608103	24,256	296,525	SH		SOLE		296,525	0	0
EATON CORP PLC SHS	COM	G29183103	537	7,900	SH		SOLE		7,900	0	0
ECHOSTAR CORP-A	COM	278768106	919	17,500	SH		SOLE		17,500	0	0
ENERGY XXI (BERMUDA) LTD	COM	G10082140	309	94,775	SH		SOLE		94,775	0	0
FAMILY DLR STORES INC	COM	307000109	9,517	120,150	SH		SOLE		120,150	0	0
FEDERAL MOGUL CORP CL A	COM	313549404	436	27,122	SH		SOLE		27,122	0	0
FERRO CORP	COM	315405100	793	61,164	SH		SOLE		61,164	0	0
GENERAL MTRS CO	COM	37045V900	400	10,000	SH	Call	SOLE		0	0	0
GLIMCHER RLTY TR SH BEN INT	COM	379302102	4,108	299,000	SH		SOLE		299,000	0	0
GOLAR LNG LTD BERMUDA	COM	G9456A900	275	5,000	SH	Call	SOLE		0	0	0
GOLDCORP INC (US)	COM	380956409	218	11,749	SH		SOLE		11,749	0	0
GRUPO TELEVISA SA DE CV ADR (B	COM	40049J206	307	9,000	SH		SOLE		9,000	0	0
GULF COAST ULTRA DEEP RTY TR R	UNITS	40222T104	2,145	1,688,932	SH		SOLE		1,688,932	0	0
HARVEST NAT RES INC COM	COM	41754V103	385	212,755	SH		SOLE		212,755	0	0
HC2 HLDGS INC COM	COM	404139107	482	57,164	SH		SOLE		57,164	0	0
HERTZ GLOBAL HOLDINGS INC COM	COM	42805T105	3,098	124,200	SH		SOLE		124,200	0	0
HUDSON CITY BANCORP INC COM	COM	443683107	8,575	847,334	SH		SOLE		847,334	0	0
INTEL CORP 3.25% 8/1/39 144A	CONVERTIBLE BOND	458140AF7	218	125,000	PRN		SOLE		125,000	0	0
INTERNATIONAL GAME TECH	COM	459902102	38,913	2,255,816	SH		SOLE		2,255,816	0	0
INTERNATIONAL RECTIFIER CORPCO	COM	460254105	17,585	440,735	SH		SOLE		440,735	0	0
INTERPUBLIC GROUP COS INC	COM	460690100	2,181	105,000	SH		SOLE		105,000	0	0
KIMBALL ELECTRONICS INC COM	COM	49428J109	789	65,669	SH		SOLE		65,669	0	0
KIMBALL INTL INC CL B	COM	494274103	799	87,559	SH		SOLE		87,559	0	0
KINDER MORGAN INC WT EXP 05/25	WARRANT AND RIGH	49456B119	1,825	428,510	SH		SOLE		428,510	0	0
KLX INC COM	COM	482539103	489	11,850	SH		SOLE		11,850	0	0
LENNAR B SHARES	COM	526057302	3,296	91,266	SH		SOLE		91,266	0	0
LENNAR CORP	COM	526057954	122	3,500	SH	Put	SOLE		0	0	0
LIBERTY GLOBAL PLC SHS CL C	COM	G5480U120	876	18,136	SH		SOLE		18,136	0	0
LIBERTY TRIPADVISOR HLDG-A	COM	531465102	493	18,338	SH		SOLE		18,338	0	0
LIBERTY VENTURES SER A	COM	53071M880	718	19,048	SH		SOLE		19,048	0	0
LORAL SPACE & COMMUNICATNS ICO	COM	543881106	3,075	39,068	SH		SOLE		39,068	0	0
LORILLARD INC COM	COM	544147101	6,030	95,799	SH		SOLE		95,799	0	0
MARKET VECTORS ETF TR GOLD MIN	MUTUAL FUNDS	57060U100	237	12,900	SH		SOLE		12,900	0	0
MEAD JOHNSON	COM	582839106	1,508	15,000	SH		SOLE		15,000	0	0
MEDIA GEN INC NEW COM	COM	58441K100	708	42,313	SH		SOLE		42,313	0	0
MIC 2.875% 07/15/19	CORPORATE BONDS	55608BAA3	315	275,000	PRN		SOLE		275,000	0	0
MICROSOFT CORP	COM	594918104	465	10,000	SH		SOLE		10,000	0	0
MOLYCORP INC DEL COM	COM	608753109	25	28,200	SH		SOLE		28,200	0	0
MONDELEZ INTERNATIONAL	COM	609207105	363	10,000	SH		SOLE		10,000	0	0
MORGANS HOTEL GROUP CO COM	COM	61748W108	5,321	678,683	SH		SOLE		678,683	0	0
NATIONAL FUEL GAS CO N J COM	COM	636180101	313	4,500	SH		SOLE		4,500	0	0
NATIONAL INTERSTATE CORP COM	COM	63654U100	2,401	80,580	SH		SOLE		80,580	0	0
NEOGENOMICS INC COM NEW	COM	64049M209	83	20,000	SH		SOLE		20,000	0	0
NEWMONT MINING CORP HOLDING CO	COM	651639106	198	10,450	SH		SOLE		10,450	0	0
PANTRY INC COM	COM	698657103	5,006	135,089	SH		SOLE		135,089	0	0
PATTERSON-UTI ENERGY INC COM	COM	703481101	285	17,150	SH		SOLE		17,150	0	0
PENFORD CORP COM	COM	707051108	1,678	89,793	SH		SOLE		89,793	0	0
PEP BOYS MANNY MOE & JACK	COM	713278109	1,277	130,057	SH		SOLE		130,057	0	0
PEPSICO INC	COM	713448108	946	10,000	SH		SOLE		10,000	0	0
PETSMART INC	COM	716768106	9,400	115,631	SH		SOLE		115,631	0	0
PHH CORP COM NEW	COM	693320202	4,270	178,230	SH		SOLE		178,230	0	0
PROSENSA HLDG N V SHS USD	COM	N71546100	3,575	190,645	SH		SOLE		190,645	0	0
PROTECTIVE LIFE CORP COM	COM	743674103	28,742	412,669	SH		SOLE		412,669	0	0
RITE AID CORP COM	COM	767754104	150	20,000	SH		SOLE		20,000	0	0
RIVERBED TECHNOLOGY INC COM	COM	768573107	11,218	549,623	SH		SOLE		549,623	0	0
ROCKWOOD HLDGS INC COM	COM	774415103	26,028	330,300	SH		SOLE		330,300	0	0
RYMAN HOSPITALITY PPTYS INC CO	COM	78377T107	232	4,395	SH		SOLE		4,395	0	0
SAFEWAY INC COM NEW	COM	786514208	22,247	633,460	SH		SOLE		633,460	0	0
SANOFI-AVENTIS-CVR	COM	80105N113	42	53,771	SH		SOLE		53,771	0	0
SAPIENT CORP COM	COM	803062108	27,925	1,122,403	SH		SOLE		1,122,403	0	0
SHANDA GAMES LTD SP ADR REPTG	COM	81941U105	1,473	259,282	SH		SOLE		259,282	0	0
SHIRE PLC ADR	COM	82481R106	1,001	4,709	SH		SOLE		4,709	0	0
SHUTTERFLY INC COM	COM	82568P304	1,901	45,604	SH		SOLE		45,604	0	0
SIGMA ALDRICH CORP	COM	826552101	18,047	131,468	SH		SOLE		131,468	0	0
SIRIUS XM HOLDINGS INC	COM	82968B103	2,615	747,134	SH		SOLE		747,134	0	0
SNDK 1 1/2 08/17	CONVERTIBLE BOND	80004CAD3	247	125,000	PRN		SOLE		125,000	0	0
SNYDERS LANCE INC COM	COM	833551104	290	9,500	SH		SOLE		9,500	0	0
SONY CORP-ADR (B:SNE US)	COM	835699307	307	15,000	SH		SOLE		15,000	0	0
SPWRA 4 1/2 03/15	CONVERTIBLE BOND	867652AE9	1,177	1,000,000	PRN		SOLE		1,000,000	0	0
SUSQUEHANNA BANCSHARES INC COM	COM	869099101	9,503	707,600	SH		SOLE		707,600	0	0
SWS GROUP INC	COM	78503N107	1,405	203,382	SH		SOLE		203,382	0	0
TALISMAN ENERGY INC COM	COM	87425E103	13,755	1,756,706	SH		SOLE		1,756,706	0	0
TELEPHONE & DATA SYS	COM	879433829	374	14,800	SH		SOLE		14,800	0	0
TIME WARNER CABLE INC COM	COM	88732J207	8,753	57,563	SH		SOLE		57,563	0	0
TRIQUINT SEMICONDUCTOR INC COM	COM	89674K103	20,724	752,246	SH		SOLE		752,246	0	0
TRULIA INC COM	COM	897888103	20,033	435,222	SH		SOLE		435,222	0	0
TRW AUTOMOTIVE HOLDINGS CORP	COM	87264S106	29,300	284,878	SH		SOLE		284,878	0	0
TWENTY FIRST CENTY FOX B	COM	90130A200	480	13,000	SH		SOLE		13,000	0	0
T-MOBILE US INC	COM	872590104	5,754	213,592	SH		SOLE		213,592	0	0
UNIVERSAL AMERICAN CORP	COM	91338E101	827	89,145	SH		SOLE		89,145	0	0
VERIZON COMMUNICATIONS	COM	92343V104	2,090	44,668	SH		SOLE		44,668	0	0
VIACOM INC NEW CL A	COM	92553P102	732	9,700	SH		SOLE		9,700	0	0
VOLCANO CORPORATION COM	COM	928645100	8,787	491,436	SH		SOLE		491,436	0	0
WEATHERFORD INTERNATIONAL PLC	COM	G48833100	149	13,000	SH		SOLE		13,000	0	0
WELLS FARGO & CO NEW	COM	949746101	4,481	81,743	SH		SOLE		81,743	0	0
WHOLE FOODS MKT INC COM	COM	966837106	252	5,000	SH		SOLE		5,000	0	0
WRIGHT MEDICAL GROUP INC-CVR 3	WARRANT AND RIGH	98235T115	113	23,569	SH		SOLE		23,569	0	0
YAMANA GOLD INC COM	COM	98462Y100	41	10,216	SH		SOLE		10,216	0	0