Profile

Industry: Asset management

Sector: Financial services

Theme: Active investing comeback

5-Year shareholder growth: n/a

Estimated fair value: n/a

Valuation assumption: n/a

Insider ownership: n/a

Transaction log

  • Feb 18, 2020 - Bought 100 @ $17.63 (1.76% wtg, coffee can)

  • Mar 24, 2020 - Bought 75 @ $9.61 (175 shares, 2.20% wtg)

  • Dec 3, 2020 - Special dividend, $0.90

  • May 28, 2021 - Special dividend, $2.00

  • Aug 9, 2022 - Sold 175 @ $20.30 (closed, 0% wtg)

Performance

  • Total return = +65.23%

  • Coffee Can contribution = +1.62%

GAMCO Investors

Location: Rye , New York

 
History
Throwing in the towel on GAMCO, adding to Big Lots and Crocs
Throwing in the towel on GAMCO, adding to Big Lots and Crocs

While GAMCO underwhelms with its ESG bona fides, Crocs overwhelms with its HEYDUDE acquisition. R.I.P. Olivia Newton-John. [trades]

Insiders are buying beaten down stocks
Insiders are buying beaten down stocks

Corporate executives and directors went on a buying spree the past three months in down-and-out stocks.

Seth Klarman is bargain hunting
Seth Klarman is bargain hunting

It is across the index divide that bargains abound… Active managers, after a decade of lagging the S&P 500 and having assets taken away, are looking at a ideal fishing conditions. [trades]

Active investment managers are due for a comeback
Active investment managers are due for a comeback

Passive investing is not going to put all active managers out of business. These are highly profitable businesses which tend to have high insider ownership…