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
Estimated average burden
hours per response:		23.8

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
ADCARE HEALTH SYSTEMS INC	COM	00650W300	25	10,000	SH		SOLE		10,000	0	0
ADOBE SYSTEMS INC COM	COM	00724F101	939	10,000	SH		SOLE		10,000	0	0
ADT CORPORATION COM	COM	00101J106	989	30,000	SH		SOLE		30,000	0	0
AGL RES INC COM	COM	001204106	2,713	42,515	SH		SOLE		42,515	0	0
AIRGAS INC COM	COM	009363102	22,406	161,988	SH		SOLE		161,988	0	0
AKAMAI TECHNOLOGIES INC COM	COM	00971T101	789	15,000	SH		SOLE		15,000	0	0
AKORN INC	COM	009728106	261	7,000	SH		SOLE		7,000	0	0
ALAMOS GOLD INC NEW COM CL A	COM	011532108	74	22,582	SH		SOLE		22,582	0	0
ALCATEL LUCENT ADR SPONS 1/5SH	COM	013904305	6,411	1,674,006	SH		SOLE		1,674,006	0	0
ALERE INC	COM	01449J105	313	8,000	SH		SOLE		8,000	0	0
ALLERGAN PLC SHS	COM	G0177J108	4,031	12,900	SH		SOLE		12,900	0	0
ALLIANCE BERNSTEIN HLDGS LP UN	COM	01881G106	262	11,000	SH		SOLE		11,000	0	0
AMC NETWORKS INC CL A	COM	00164V103	2,801	37,500	SH		SOLE		37,500	0	0
AMERICAN EXPRESS CO	COM	025816109	313	4,500	SH		SOLE		4,500	0	0
ARCP 3 3/4 12/15/20	CONVERTIBLE BOND	02917TAB0	229	250,000	PRN		SOLE		250,000	0	0
ASTRAZENECA PLC ADR SPONSORED	COM	046353108	669	19,700	SH		SOLE		19,700	0	0
ATMEL CORP COM	COM	049513104	6,363	739,018	SH		SOLE		739,018	0	0
AVISTA CORP COM	COM	05379B107	707	20,000	SH		SOLE		20,000	0	0
AVOLON HLDGS LTD COM	COM	G52237107	1,747	56,415	SH		SOLE		56,415	0	0
BIOTA HOLDINGS LTD	COM	090694100	423	218,177	SH		SOLE		218,177	0	0
B2GOLD CORP COM	COM	11777Q209	47	45,663	SH		SOLE		45,663	0	0
BAKER HUGHES INC	COM	057224107	9,457	204,916	SH		SOLE		204,916	0	0
BANCROFT FUND LTD COM	MUTUAL FUNDS	059695106	1,008	55,400	SH		SOLE		55,400	0	0
BANK OF AMERICA	COM	060505104	1,830	108,729	SH		SOLE		108,729	0	0
BANK OF NEW YORK MELLON CORP	COM	064058100	866	21,000	SH		SOLE		21,000	0	0
BGC 4 1/2 11/15/29	CONVERTIBLE BOND	369300AL2	295	500,000	PRN		SOLE		500,000	0	0
BIOMED REALTY TRUST INC COM	COM	09063H107	1,645	69,430	SH		SOLE		69,430	0	0
BIOSCRIP INC	COM	09069N108	269	153,701	SH		SOLE		153,701	0	0
BLOUNT INTL INC NEW COM	COM	095180105	4,258	434,096	SH		SOLE		434,096	0	0
BOSTON PRIVATE FINL HLDGS INCO	COM	101119105	170	15,000	SH		SOLE		15,000	0	0
BOULDER BRANDS INC COM	COM	101405108	2,142	195,095	SH		SOLE		195,095	0	0
BREEZE EASTERN CORP COM	COM	106764103	237	11,987	SH		SOLE		11,987	0	0
BROADCOM CORP COM	COM	111320107	28,046	485,057	SH		SOLE		485,057	0	0
BTO CN 3 1/4 10/1/18	CONVERTIBLE BOND	11777QAB6	533	650,000	PRN		SOLE		650,000	0	0
CABLEVISION SYS NY GROUP A	COM	12686C109	19,300	605,002	SH		SOLE		605,002	0	0
CABLEVISION SYS NY GROUP A	COM	12686C959	180	100	SH	Put	SOLE		0	0	0
CAMERON INTERNATIONAL CORP	COM	13342B105	35,495	561,626	SH		SOLE		561,626	0	0
CARBONITE INC	COM	141337105	409	41,739	SH		SOLE		41,739	0	0
CBS CORP CLASS A	COM	124857103	438	8,400	SH		SOLE		8,400	0	0
CHEMTURA CORP COM NEW	COM	163893209	273	10,000	SH		SOLE		10,000	0	0
CHEVRON CORP	COM	166764100	990	11,000	SH		SOLE		11,000	0	0
CHIPOTLE MEXICAN GRILL INC CL	COM	169656105	3,119	6,500	SH		SOLE		6,500	0	0
CHUBB CORP	COM	171232101	33,896	255,551	SH		SOLE		255,551	0	0
CIGNA CORP	COM	125509109	293	2,000	SH		SOLE		2,000	0	0
CITIGROUP INC	COM	172967424	414	8,000	SH		SOLE		8,000	0	0
CLEAR CHANNEL OUTDOOR HLDGS CL	COM	18451C109	95	17,000	SH		SOLE		17,000	0	0
CLECO CORP NEW COM	COM	12561W105	21,128	404,680	SH		SOLE		404,680	0	0
COHEN & STEERS INC COM	COM	19247A100	518	17,000	SH		SOLE		17,000	0	0
COMMUNITY HEALTH SYSTEMS-CVR	WARRANT AND RIGH	203668116	4	471,530	SH		SOLE		471,530	0	0
CONSTANT CONTACT INC	COM	210313102	3,424	117,088	SH		SOLE		117,088	0	0
CORCEPT THERAPEUTICS INC OC-CO	COM	218352102	479	96,200	SH		SOLE		96,200	0	0
CURTISS WRIGHT CORP	COM	231561101	343	5,000	SH		SOLE		5,000	0	0
CVS HEALTH CORP	COM	126650100	293	3,000	SH		SOLE		3,000	0	0
DAVITA INC	COM	23918K108	244	3,500	SH		SOLE		3,500	0	0
DIAMOND FOODS INC COM	COM	252603105	1,500	38,914	SH		SOLE		38,914	0	0
DISH NETWORK CORPORATION	COM	25470M109	286	5,000	SH		SOLE		5,000	0	0
DYAX CORP COM	COM	26746E103	12,385	329,209	SH		SOLE		329,209	0	0
E M C CORP MASS COM	COM	268648102	5,698	221,900	SH		SOLE		221,900	0	0
EATON CORP PLC SHS	COM	G29183103	411	7,900	SH		SOLE		7,900	0	0
ECHOSTAR CORP-A	COM	278768106	684	17,500	SH		SOLE		17,500	0	0
ENERGY XXI (BERMUDA) LTD	COM	G10082140	30	30,075	SH		SOLE		30,075	0	0
EZCHIP SEMICONDUCTOR LIMITEDOR	COM	M4146Y108	15,094	610,587	SH		SOLE		610,587	0	0
FAIRCHILD SEMICONDUCTOR INTLCL	COM	303726103	10,987	530,522	SH		SOLE		530,522	0	0
FEDERAL MOGUL CORP CL A	COM	313549404	357	52,122	SH		SOLE		52,122	0	0
FERRO CORP	COM	315405100	111	10,000	SH		SOLE		10,000	0	0
FIRST NIAGARA FINL GP INC COM	COM	33582V108	468	43,100	SH		SOLE		43,100	0	0
FRONTLINE LTD ORD	COM	G3682E127	968	323,834	SH		SOLE		323,834	0	0
GABELLI DIV&INC TR COM	MUTUAL FUNDS	36242H104	9,309	504,300	SH		SOLE		504,300	0	0
GABELLI GLB SML & MD CP VAL CO	MUTUAL FUNDS	36249W104	543	52,190	SH		SOLE		52,190	0	0
GABELLI GLOBAL UTIL & INCOMECO	MUTUAL FUNDS	36242L105	3,800	228,655	SH		SOLE		228,655	0	0
GABELLI MULTIMEDIA TRST INC	MUTUAL FUNDS	36239Q109	614	81,838	SH		SOLE		81,838	0	0
GAMCO INVESTORS INC	COM	361438104	136,360	4,393,055	SH		SOLE		4,393,055	0	0
GDL FUND	MUTUAL FUNDS	361570104	13,464	1,345,082	SH		SOLE		1,345,082	0	0
GENERAL ELEC CO	COM	369604103	779	25,000	SH		SOLE		25,000	0	0
GILEAD SCIENCES INC COM	COM	375558103	304	3,000	SH		SOLE		3,000	0	0
GLOBAL SOURCES LTD COM	COM	G39300101	194	24,835	SH		SOLE		24,835	0	0
GRIFOLS SA SP ADR REP B NVT	COM	398438408	6,101	188,292	SH		SOLE		188,292	0	0
GRUPO TELEVISA SA DE CV ADR (B	COM	40049J206	408	15,000	SH		SOLE		15,000	0	0
GULF COAST ULTRA DEEP RTY TR R	UNITS	40222T104	227	1,510,674	SH		SOLE		1,510,674	0	0
GYRODYNE LLC COM	COM	403829104	971	37,990	SH		SOLE		37,990	0	0
HARVEST NAT RES INC COM	COM	41754V103	61	144,600	SH		SOLE		144,600	0	0
HAWAIIAN ELEC INDS INC COM	COM	419870100	2,500	86,353	SH		SOLE		86,353	0	0
HC2 HLDGS INC COM	COM	404139107	196	37,100	SH		SOLE		37,100	0	0
HCA HOLDINGS INC COM	COM	40412C101	237	3,500	SH		SOLE		3,500	0	0
HEALTH NET INC COM	COM	42222G108	11,683	170,650	SH		SOLE		170,650	0	0
HEARTLAND PMT SYS INC COM	COM	42235N108	3,954	41,695	SH		SOLE		41,695	0	0
HERTZ GLOBAL HOLDINGS INC COM	COM	42805T105	1,460	102,611	SH		SOLE		102,611	0	0
HUMANA INC COM	COM	444859102	2,276	12,750	SH		SOLE		12,750	0	0
INTEL CORP 3.25% 8/1/39 144A	CONVERTIBLE BOND	458140AF7	291	175,000	PRN		SOLE		175,000	0	0
INTERACTIVE BROKERS	COM	45841N107	1,482	34,000	SH		SOLE		34,000	0	0
INTERNAP NETWORK SVCS CORP COM	COM	45885A300	977	152,638	SH		SOLE		152,638	0	0
INTERNATIONAL GAME TECH PLC SH	COM	G4863A108	1,443	89,187	SH		SOLE		89,187	0	0
INTERPUBLIC GROUP COS INC	COM	460690100	321	13,800	SH		SOLE		13,800	0	0
INTERXION HOLDING N.V SHS	COM	N47279109	1,634	54,200	SH		SOLE		54,200	0	0
JARDEN CORPORATION	COM	471109108	3,716	65,049	SH		SOLE		65,049	0	0
JIAYUAN COM INTL LTD SPONSORED	COM	477374102	487	65,359	SH		SOLE		65,359	0	0
JOURNAL MEDIA GROUP INC COM	COM	48114A109	803	66,774	SH		SOLE		66,774	0	0
KEURIG GREEN MTN INC COM	COM	49271M100	28,524	317,004	SH		SOLE		317,004	0	0
KIMBALL ELECTRONICS INC COM	COM	49428J109	584	53,169	SH		SOLE		53,169	0	0
KIMBALL INTL INC CL B	COM	494274103	660	67,559	SH		SOLE		67,559	0	0
KINDER MORGAN INC WT EXP 05/25	WARRANT AND RIGH	49456B119	14	232,081	SH		SOLE		232,081	0	0
KING DIGITAL ENTMT PLC ORD SHS	COM	G5258J109	15,655	875,569	SH		SOLE		875,569	0	0
KKR & CO. L.P	COM	48248M102	1,877	120,410	SH		SOLE		120,410	0	0
KLA TENCOR CORP	COM	482480100	11,651	168,000	SH		SOLE		168,000	0	0
LENNAR B SHARES	COM	526057302	7,755	193,018	SH		SOLE		193,018	0	0
LIBERATOR MEDICAL HLDGS INC CO	COM	53012L108	1,321	395,447	SH		SOLE		395,447	0	0
LIBERTY TRIPADVISOR HLDG-A	COM	531465102	556	18,338	SH		SOLE		18,338	0	0
LIBERTY VENTURES SER A	COM	53071M880	859	19,048	SH		SOLE		19,048	0	0
LILLY, ELI AND COMPANY	COM	532457108	1,095	13,000	SH		SOLE		13,000	0	0
LORAL SPACE & COMMUNICATNS ICO	COM	543881106	1,535	37,704	SH		SOLE		37,704	0	0
MALLINCKRODT PUB LTD CO SHS	COM	G5785G107	336	4,500	SH		SOLE		4,500	0	0
MEAD JOHNSON	COM	582839106	790	10,000	SH		SOLE		10,000	0	0
MEDASSETS INC	COM	584045108	5,125	165,643	SH		SOLE		165,643	0	0
MEDIA GEN INC NEW COM	COM	58441K100	4,195	259,734	SH		SOLE		259,734	0	0
MEREDITH CORP	COM	589433101	955	22,076	SH		SOLE		22,076	0	0
MIC 2.875% 07/15/19	CORPORATE BONDS	55608BAA3	365	325,000	PRN		SOLE		325,000	0	0
MICROSOFT CORP	COM	594918104	555	10,000	SH		SOLE		10,000	0	0
MINDRAY MEDICAL INTL LTD SPON	COM	602675100	271	10,000	SH		SOLE		10,000	0	0
MONDELEZ INTERNATIONAL	COM	609207105	583	13,000	SH		SOLE		13,000	0	0
MORGANS HOTEL GROUP CO COM	COM	61748W108	1,349	400,372	SH		SOLE		400,372	0	0
MYLAN N V ORD SHARES	COM	N59465109	2,665	49,296	SH		SOLE		49,296	0	0
NATIONAL FUEL GAS CO N J COM	COM	636180101	363	8,500	SH		SOLE		8,500	0	0
NATIONAL INTERSTATE CORP COM	COM	63654U100	1,952	73,121	SH		SOLE		73,121	0	0
NATIONAL PENN BANCSHARES INCCO	COM	637138108	2,420	196,282	SH		SOLE		196,282	0	0
NAVISTAR INTL CORP COM	COM	63934E108	121	13,700	SH		SOLE		13,700	0	0
NEOGENOMICS INC COM NEW	COM	64049M209	157	20,000	SH		SOLE		20,000	0	0
NEWMONT MINING CORP HOLDING CO	COM	651639106	180	10,000	SH		SOLE		10,000	0	0
NTELOS HLDGS CORP COM NEW	COM	67020Q305	1,363	149,103	SH		SOLE		149,103	0	0
OCATA THERAPEUTICS INC COM	COM	67457L100	2,190	260,106	SH		SOLE		260,106	0	0
OFFICE DEPOT INC	COM	676220106	3,796	673,109	SH		SOLE		673,109	0	0
OPKO HEALTH INC COM	COM	68375N103	101	10,000	SH		SOLE		10,000	0	0
PARTNERRE LTD COM	COM	G6852T105	33,282	238,173	SH		SOLE		238,173	0	0
PEP BOYS MANNY MOE & JACK	COM	713278109	2,584	140,357	SH		SOLE		140,357	0	0
PEPCO HLDGS INC COM	COM	713291102	10,594	407,302	SH		SOLE		407,302	0	0
PEPSICO INC	COM	713448108	999	10,000	SH		SOLE		10,000	0	0
PIEDMONT NAT GAS INC COM	COM	720186105	3,983	69,850	SH		SOLE		69,850	0	0
PINNACLE ENTMT INC COM	COM	723456109	2,356	75,698	SH		SOLE		75,698	0	0
PMC-SIERRA INC COM	COM	69344F106	15,300	1,316,674	SH		SOLE		1,316,674	0	0
PNC FINANCIAL CORP	COM	693475105	381	4,000	SH		SOLE		4,000	0	0
POST HOLDINGS INC	COM	737446104	926	15,000	SH		SOLE		15,000	0	0
PRECISION CASTPARTS CORP	COM	740189105	43,335	186,779	SH		SOLE		186,779	0	0
REALD INC	COM	75604L105	1,543	146,234	SH		SOLE		146,234	0	0
RITE AID CORP COM	COM	767754104	8,169	1,041,930	SH		SOLE		1,041,930	0	0
RYMAN HOSPITALITY PPTYS INC CO	COM	78377T107	945	18,295	SH		SOLE		18,295	0	0
SANDISK CORP COM	COM	80004C101	2,127	27,990	SH		SOLE		27,990	0	0
SMITH & NEPHEW P L C ADR SPONS	COM	83175M205	570	16,000	SH		SOLE		16,000	0	0
SNYDERS LANCE INC COM	COM	833551104	703	20,500	SH		SOLE		20,500	0	0
SOLARWINDS INC COM	COM	83416B109	14,260	242,111	SH		SOLE		242,111	0	0
SOLERA HOLDINGS INC COM	COM	83421A104	23,116	421,591	SH		SOLE		421,591	0	0
SONY CORP-ADR (B:SNE US)	COM	835699307	664	27,000	SH		SOLE		27,000	0	0
STANCORP FINL GROUP INC COM	COM	852891100	9,030	79,295	SH		SOLE		79,295	0	0
STARWOOD HOTELS & RESORTS WRLD	COM	85590A401	939	13,550	SH		SOLE		13,550	0	0
SYMETRA FINL CORP COM	COM	87151Q106	5,960	187,608	SH		SOLE		187,608	0	0
SYNCHRONOSS TECHNOLOGIES INCCO	COM	87157B103	628	17,814	SH		SOLE		17,814	0	0
TECO ENERGY INC COM	COM	872375100	4,702	176,423	SH		SOLE		176,423	0	0
TELECOMMUNICATION SYS INC CL A	COM	87929J103	1,000	201,119	SH		SOLE		201,119	0	0
TELEPHONE & DATA SYS	COM	879433829	406	15,700	SH		SOLE		15,700	0	0
TESLA MOTORS 1.250% 03/1/21	CONVERTIBLE BOND	88160RAC5	460	500,000	PRN		SOLE		500,000	0	0
THERMO FISHER SCIENTIFIC INC	COM	883556102	284	2,000	SH		SOLE		2,000	0	0
TIME WARNER CABLE INC COM	COM	88732J207	37,239	200,650	SH		SOLE		200,650	0	0
TWENTY FIRST CENTY FOX B	COM	90130A200	362	13,300	SH		SOLE		13,300	0	0
T-MOBILE US INC	COM	872590104	3,875	99,049	SH		SOLE		99,049	0	0
UNITED STATES CELLULAR CORP	COM	911684108	347	8,500	SH		SOLE		8,500	0	0
UNIVERSAL AMERICAN CORP	COM	91338E101	356	50,845	SH		SOLE		50,845	0	0
UTI WORLDWIDE INC ORD	COM	G87210103	3,787	538,750	SH		SOLE		538,750	0	0
VERIZON COMMUNICATIONS	COM	92343V104	835	18,068	SH		SOLE		18,068	0	0
VIACOM INC NEW CL A	COM	92553P102	453	10,300	SH		SOLE		10,300	0	0
VIMPELCOM LTD-SPON ADR-W/I	COM	92719A106	39	12,000	SH		SOLE		12,000	0	0
VIVINT SOLAR INC COM	COM	92854Q106	226	23,667	SH		SOLE		23,667	0	0
WAUSAU PAPER CORP	COM	943315101	2,043	199,741	SH		SOLE		199,741	0	0
WEATHERFORD INTERNATIONAL PLC	COM	G48833100	143	17,000	SH		SOLE		17,000	0	0
WEATHERFORD INTERNATIONAL PLC	COM	G48833950	160	200	SH	Put	SOLE		0	0	0
WELLS FARGO CV PFD L 7.500%	CONVERTIBLE PREF	949746804	203	175	SH		SOLE		175	0	0
WELLS FARGO & CO NEW	COM	949746101	4,444	81,743	SH		SOLE		81,743	0	0
WESCO AIRCRAFT HLDGS INC COM	COM	950814103	502	41,960	SH		SOLE		41,960	0	0
WESTAR ENERGY INC	COM	95709T100	254	6,000	SH		SOLE		6,000	0	0
WESTROCK CO COM	COM	96145D105	903	19,800	SH		SOLE		19,800	0	0
WRIGHT MEDICAL GROUP INC-CVR 3	WARRANT AND RIGH	98235T115	0	23,569	SH		SOLE		23,569	0	0
YAHOO INC.	COM	984332106	7,934	238,544	SH		SOLE		238,544	0	0
YELP INC CL A	COM	985817105	774	26,892	SH		SOLE		26,892	0	0
YOUKU COM INC SPONSORED ADR	COM	98742U100	6,032	222,325	SH		SOLE		222,325	0	0