Mario Gabelli's Strategic Moves: iShares Core S&P 500 ETF Takes Center Stage
Introduction to Mario Gabelli (Trades, Portfolio)
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Mario Gabelli (Trades, Portfolio) recently submitted the 13F filing for the second quarter of 2025, providing insights into his investment moves during this period. Mario J. Gabelli is the Chairman and Chief Executive Officer of GAMCO Investors Inc., the firm he founded in 1977. A 1965 summa cum laude graduate of Fordham University's College of Business Administration, he also holds an M.B.A. from Columbia University Graduate School of Business and honorary doctorates from Fordham University and Roger Williams University. Gabelli serves on the Boards of Boston College, Roger Williams University, Columbia University Graduate School of Business, the American-Italian Cancer Foundation, the Foundation for Italian Art & Culture and is a Trustee of the Winston Churchill Foundation of the United States and of the E.L. Wiegand Foundation. He was Morningstar's Portfolio Manager of the Year in 1997. He was named Money Manager of the Year by Institutional Investor for 2011 and is a member of Barron's All Star Century Team. Gabelli's GAMCO Asset Management is credited by the academic community with establishing the Private Market Value with a Catalyst investment philosophy and applying this to the analysis of public equity securities. The fund's investment approach utilizes fundamental, bottom-up research to identify securities selling below their intrinsic value. GAMCO seeks to identify mispriced companies with strong businesses and the presence of a catalyst that will create value.
Summary of New Buy
Mario Gabelli (Trades, Portfolio) added a total of 221 stocks, among them:
The most significant addition was iShares Core S&P 500 ETF (IVV), with 74,230 shares, accounting for 0.46% of the portfolio and a total value of $46,089,490.
The second largest addition to the portfolio was Vanguard Total Stock Market ETF (VTI), consisting of 54,566 shares, representing approximately 0.16% of the portfolio, with a total value of $16,584,120.
The third largest addition was Skechers USA Inc (NYSE:SKX), with 126,000 shares, accounting for 0.08% of the portfolio and a total value of $7,950,600.
Key Position Increases
Mario Gabelli (Trades, Portfolio) also increased stakes in a total of 316 stocks, among them:
The most notable increase was SPDR S&P 500 ETF Trust (SPY), with an additional 18,124 shares, bringing the total to 36,434 shares. This adjustment represents a significant 98.98% increase in share count, a 0.11% impact on the current portfolio, with a total value of $22,511,030.
The second largest increase was Energizer Holdings Inc (NYSE:ENR), with an additional 491,794 shares, bringing the total to 1,899,587. This adjustment represents a significant 34.93% increase in share count, with a total value of $38,295,670.
Summary of Sold Out
Mario Gabelli (Trades, Portfolio) completely exited 32 holdings in the second quarter of 2025, as detailed below:
Sandy Spring Bancorp Inc (SASR): Mario Gabelli (Trades, Portfolio) sold all 220,206 shares, resulting in a -0.07% impact on the portfolio.
Intra-Cellular Therapies Inc (ITCI): Mario Gabelli (Trades, Portfolio) liquidated all 38,100 shares, causing a -0.06% impact on the portfolio.
Key Position Reduces
Mario Gabelli (Trades, Portfolio) also reduced positions in 342 stocks. The most significant changes include:
Reduced JPMorgan Chase & Co (NYSE:JPM) by 28,053 shares, resulting in a -13.57% decrease in shares and a -0.08% impact on the portfolio. The stock traded at an average price of $255.03 during the quarter and has returned 11.00% over the past 3 months and 23.17% year-to-date.
Reduced Rollins Inc (NYSE:ROL) by 129,875 shares, resulting in a -7.63% reduction in shares and a -0.08% impact on the portfolio. The stock traded at an average price of $56.07 during the quarter and has returned 6.26% over the past 3 months and 26.52% year-to-date.
Portfolio Overview
At the second quarter of 2025, Mario Gabelli (Trades, Portfolio)'s portfolio included 1,019 stocks, with top holdings including 2.16% in Crane Co (NYSE:CR), 2.04% in Mueller Industries Inc (NYSE:MLI), 1.95% in GATX Corp (NYSE:GATX), 1.5% in Sony Group Corp (NYSE:SONY), and 1.48% in American Express Co (NYSE:AXP).
The holdings are mainly concentrated in all 11 industries: Industrials, Consumer Cyclical, Communication Services, Financial Services, Technology, Consumer Defensive, Basic Materials, Healthcare, Energy, Utilities, and Real Estate.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
This article first appeared on GuruFocus.
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