Mario Gabelli on Paramount and Other Stocks
In this piece, we will take a look at Mario Gabelli's views on Paramount and other stocks.
GAMCO Investors, Inc., formerly known as Gabelli Asset Management Company, is a prominent American firm headquartered in Rye, New York. Specializing in providing investment advice and brokerage services to mutual funds, institutional clients, and select investors, it was founded and is majority-owned by Mario Gabelli, who has earned over $750 million in compensation from the company over the years.
Mario J. Gabelli is the Chairman and Chief Executive Officer of GAMCO Investors, Inc., which he founded in 1977. He graduated summa cum laude from Fordham University's College of Business Administration in 1965 and holds an M.B.A. from Columbia University Graduate School of Business. Mr. Gabelli has received honorary doctorates from Fordham University and Roger Williams University. He serves on the Boards of Boston College, Roger Williams University, Columbia University Graduate School of Business, the American-Italian Cancer Foundation, and the Foundation for Italian Art & Culture. Additionally, he is a Trustee of the Winston Churchill Foundation of the United States and the E.L. Wiegand Foundation. Mr. Gabelli was honored as Morningstar's Portfolio Manager of the Year in 1997, named Money Manager of the Year by Institutional Investor in 2011, and is a distinguished member of Barron's All-Star Century Team.
In their latest 13F filing for Q1 2024, Gamco Investors, Inc. reported managing $9.89 billion in 13F securities, with a top 10 holdings concentration of 16.55%. Their largest position is in Herc Holdings Inc., with 1,556,985 shares held.
