Mario Gabelli on Paramount and 5 Other Stocks

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1. Herc Holdings Inc. (NYSE:HRI)

Mario Gabelli’s Stake in Q4 2023: $239.8 million

One-Year Returns as of May 7: 45.0%

Herc Holdings Inc. (NYSE:HRI), along with its subsidiaries, functions as an equipment rental supplier across the United States and globally. Its rental inventory includes aerial, earthmoving, material handling, trucks and trailers, air compressors, compaction, and lighting equipment.

As of the conclusion of the fourth quarter of 2023, Insider Monkey’s database revealed that 27 hedge funds held stakes in Herc Holdings Inc. (NYSE:HRI), valued at $714.8 million. This is compared to 28 hedge funds in the previous quarter that held stakes totaling $598 million. Mario Gabelli is the company’s largest shareholder.

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