Recent Annual Report - Gabelli
Recent Annual Report - Gabelli
Recent Annual Report - Gabelli
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
The <strong>Gabelli</strong> Value Fund Inc.<br />
Schedule of Investments (Continued) — December 31, 2012<br />
Shares<br />
Cost<br />
Market<br />
Value<br />
COMMON STOCKS (Continued)<br />
Diversified Industrial (Continued)<br />
68,000 Fortune Brands Home & Security<br />
Inc.† .......................... $ 833,555 $ 1,986,960<br />
68,000 Griffon Corp...................... 733,354 779,280<br />
232,000 Honeywell International Inc. ...... 6,372,761 14,725,040<br />
62,000 ITT Corp. ........................ 1,088,182 1,454,520<br />
90,900 Katy Industries Inc.† ............. 167,685 16,362<br />
15,079 Pentair Ltd. ...................... 414,241 741,133<br />
6,000 Precision Castparts Corp. ........ 738,419 1,136,520<br />
10,000 Smiths Group plc ................ 151,874 193,473<br />
98,000 Tyco International Ltd............. 1,807,505 2,866,500<br />
16,044,095 30,774,985<br />
Electronics — 1.0%<br />
25,000 LSI Corp.† ....................... 149,083 177,000<br />
165,000 Texas Instruments Inc. ........... 3,807,774 5,105,100<br />
3,956,857 5,282,100<br />
Energy and Utilities — 4.0%<br />
2,000 Chevron Corp. ................... 135,096 216,280<br />
75,000 ConocoPhillips ................... 1,467,142 4,349,250<br />
26,000 CONSOL Energy Inc. ............. 1,069,192 834,600<br />
200,000 GenOn Energy Inc., Escrow†(a). . . 0 0<br />
240,000 National Fuel Gas Co.............. 10,705,193 12,165,600<br />
7,300 Occidental Petroleum Corp........ 567,572 559,253<br />
32,000 Phillips 66 ....................... 370,157 1,699,200<br />
23,000 Southwest Gas Corp.............. 608,479 975,430<br />
30,000 Weatherford International Ltd.†. . . 552,561 335,700<br />
15,475,392 21,135,313<br />
Entertainment — 14.4%<br />
41,700 Discovery Communications Inc.,<br />
Cl.A† ......................... 581,145 2,647,116<br />
87,700 Discovery Communications Inc.,<br />
Cl.C† ......................... 1,241,289 5,130,450<br />
53,000 Dover Motorsports Inc............ 209,213 89,570<br />
238,000 Grupo Televisa SAB, ADR......... 2,248,767 6,326,040<br />
284,000 The Madison Square Garden Co.,<br />
Cl.A† ......................... 1,155,535 12,595,400<br />
120,000 Time Warner Inc.................. 3,456,709 5,739,600<br />
719,000 Viacom Inc., Cl. A ................ 22,272,016 39,020,130<br />
190,000 Vivendi SA ....................... 2,757,947 4,250,924<br />
33,922,621 75,799,230<br />
Environmental Services — 1.8%<br />
25,000 Progressive Waste Solutions Ltd. . 484,034 540,000<br />
278,000 Republic Services Inc............. 3,705,469 8,153,740<br />
25,000 Waste Management Inc........... 704,929 843,500<br />
4,894,432 9,537,240<br />
Equipment and Supplies — 3.2%<br />
138,000 CIRCOR International Inc. ........ 1,731,208 5,463,420<br />
44,000 Flowserve Corp................... 603,146 6,459,200<br />
Shares<br />
Cost<br />
Market<br />
Value<br />
51,000 Gerber Scientific Inc.,<br />
Escrow†(a).................... $ 0 $ 510<br />
65,000 GrafTech International Ltd.† ...... 732,699 610,350<br />
25,000 Sealed Air Corp................... 372,835 437,750<br />
88,000 Watts Water Technologies Inc.,<br />
Cl.A .......................... 1,237,166 3,783,120<br />
4,677,054 16,754,350<br />
Financial Services — 5.5%<br />
223,000 American Express Co. ............ 5,951,965 12,818,040<br />
105,000 H&R Block Inc. .................. 1,843,667 1,949,850<br />
5,000 Interactive Brokers Group Inc.,<br />
Cl.A .......................... 74,363 68,400<br />
27,000 JPMorgan Chase & Co............ 1,092,710 1,187,190<br />
51,000 Kinnevik Investment AB, Cl. B .... 800,911 1,064,207<br />
54,000 Legg Mason Inc. ................. 1,322,015 1,388,880<br />
18,000 Loews Corp. ..................... 703,727 733,500<br />
13,000 Morgan Stanley .................. 329,939 248,560<br />
14,000 PNC Financial Services Group<br />
Inc. ........................... 868,578 816,340<br />
30,000 SLM Corp. ....................... 355,829 513,900<br />
19,000 State Street Corp. ................ 867,339 893,190<br />
20,000 Steel Excel Inc.† ................. 586,331 499,000<br />
102,000 The Bank of New York Mellon<br />
Corp........................... 2,842,395 2,621,400<br />
3,800 The Goldman Sachs Group Inc.. . . 453,865 484,728<br />
99,000 Wells Fargo & Co. ................ 3,048,243 3,383,820<br />
21,141,877 28,671,005<br />
Food and Beverage — 8.6%<br />
81,000 Beam Inc......................... 3,657,011 4,948,290<br />
54,000 Davide Campari - Milano SpA..... 254,633 413,411<br />
230,000 DE Master Blenders 1753 NV†.... 2,618,514 2,647,004<br />
150,000 Diageo plc, ADR.................. 5,798,723 17,487,000<br />
55,000 Dr Pepper Snapple Group Inc. .... 1,458,382 2,429,900<br />
72,000 Fomento Economico Mexicano<br />
SABdeCV,ADR............... 887,700 7,250,400<br />
60,000 Hillshire Brands Co. .............. 1,736,615 1,688,400<br />
6,000 John Bean Technologies Corp..... 87,400 106,620<br />
22,000 Kerry Group plc, Cl. A ............ 256,795 1,156,336<br />
10,000 Kikkoman Corp. .................. 106,788 141,975<br />
21,000 Kraft Foods Group Inc. ........... 654,237 954,870<br />
80,000 Mondelez International Inc., Cl. A . 1,620,935 2,037,600<br />
4,000 Nestlé SA ........................ 227,114 260,646<br />
12,000 Pernod-Ricard SA ................ 886,247 1,385,005<br />
11,000 Ralcorp Holdings Inc.† ........... 733,769 986,150<br />
14,000 Remy Cointreau SA .............. 825,768 1,528,801<br />
21,810,631 45,422,408<br />
Health Care — 0.6%<br />
4,000 Chemed Corp..................... 125,792 274,360<br />
28,000 Covidien plc...................... 1,113,252 1,616,720<br />
See accompanying notes to financial statements.<br />
7
Change language