General Electric Stock Among Gabelli Funds’ Heaviest Conglomerates Stock Positions in Q3

Wall St. Watchdog reveals information regarding Gabelli Funds’ top holdings in the Conglomerates sector for the quarter ending September 30th, 2011. The firm held 8 stocks in the Conglomerates sector at the end of the quarter with an aggregate market value of $174.963 million.

  • General Electric Co. (NYSE:GE): On 06/30/2011, Gabelli Funds reported holding 3,796,000 shares with a market value of $71,592,562. This comprised 0.48% of the total portfolio. On 09/30/2011, Gabelli Funds reported holding 3,523,000 shares with a market value of $53,620,061. This comprised 0.43% of the total portfolio. The net change in shares for this position over the two quarters is -273,000. About Company: General Electric Company is a diversified technology, media and financial services company. The Company offers products and services ranging from aircraft engines, power generation, and water processing technology to medical imaging, business and consumer financing, media content and industrial products. General Electric conducts operations globally.
  • Crane Co. (NYSE:CR): On 06/30/2011, Gabelli Funds reported holding 1,393,750 shares with a market value of $68,865,187. This comprised 0.46% of the total portfolio. On 09/30/2011, Gabelli Funds reported holding 1,373,550 shares with a market value of $49,021,998. This comprised 0.4% of the total portfolio. The net change in shares for this position over the two quarters is -20,200. About Company: Crane Co. manufactures engineered industrial products. The Company’s products include vending machines, airplane braking devices, pumps, valves, and other industrial goods. Crane serves the aerospace manufacturing, power generation, hydrocarbon processing, commercial and residential building, plumbing, and food and beverage production industries.
  • Cooper Industries Plc (NYSE:CBE): On 06/30/2011, Gabelli Funds reported holding 863,000 shares with a market value of $51,495,208. This comprised 0.35% of the total portfolio. On 09/30/2011, Gabelli Funds reported holding 889,000 shares with a market value of $41,000,679. This comprised 0.33% of the total portfolio. The net change in shares for this position over the two quarters is 26,000. About Company: Cooper Industries PLC is a global, diversified electrical products and tools manufacturer. The Company’s products include electrical distribution equipment, wiring devices, support systems, hazardous duty electrical equipment, lighting fixtures, emergency lighting, fuses, nonpower hand tools and industrial power tools.
  • Textron Inc. (NYSE:TXT): On 06/30/2011, Gabelli Funds reported holding 919,880 shares with a market value of $21,718,367. This comprised 0.15% of the total portfolio. On 09/30/2011, Gabelli Funds reported holding 919,880 shares with a market value of $16,226,683. This comprised 0.13% of the total portfolio. The net change in shares for this position over the two quarters is 0. About Company: Textron Inc. is a global, multi-industry company with operations in aircraft, defense, industrial products, and finance. The Company’s products include airplanes, helicopters, weapons, and automotive products. Textron’s finance division offers asset based lending, aviation, distribution, golf, and resort finance, as well as structured capital.
  • United Technologies Corp. (NYSE:UTX): On 06/30/2011, Gabelli Funds reported holding 116,000 shares with a market value of $10,267,160. This comprised 0.07% of the total portfolio. On 09/30/2011, Gabelli Funds reported holding 105,000 shares with a market value of $7,387,800. This comprised 0.06% of the total portfolio. The net change in shares for this position over the two quarters is -11,000. About Company: United Technologies Corporation provides technology products and support services to customers in the aerospace and building industries worldwide. The Company’s products include aircraft engines, elevators and escalators, heating and air conditioning equipment, helicopters, aerospace systems, fuel cell systems, and fire and safety equipment.
  • Clorox Corporation (NYSE:CLX): On 06/30/2011, Gabelli Funds reported holding 49,000 shares with a market value of $3,304,560. This comprised 0.02% of the total portfolio. On 09/30/2011, Gabelli Funds reported holding 88,000 shares with a market value of $5,837,040. This comprised 0.05% of the total portfolio. The net change in shares for this position over the two quarters is 39,000. About Company: The Clorox Company produces and markets non-durable consumer products sold primarily through grocery and other retail stores. The Company’s principal products include household cleaning and bleach products, charcoal, cat litter, automotive care products, dressings, and trash bags. Clorox markets its products in the United States and other countries around the world.
  • Danaher Corp. (NYSE:DHR): On 06/30/2011, Gabelli Funds reported holding 36,000 shares with a market value of $1,907,640. This comprised 0.01% of the total portfolio. On 09/30/2011, Gabelli Funds reported holding 36,000 shares with a market value of $1,509,840. This comprised 0.01% of the total portfolio. The net change in shares for this position over the two quarters is 0. About Company: Danaher Corporation designs, manufactures, and markets professional instrumentation, medical technologies, industrial technologies, and tools and components.
  • 3m Co. (NYSE:MMM): On 06/30/2011, Gabelli Funds reported holding 5,000 shares with a market value of $474,250. This comprised 0% of the total portfolio. On 09/30/2011, Gabelli Funds reported holding 5,000 shares with a market value of $358,950. This comprised 0% of the total portfolio. The net change in shares for this position over the two quarters is 0. About Company: 3M Co. conducts operations in electronics, telecommunications, industrial, consumer and office, health care, safety, and other markets. The Company’s businesses share technologies, manufacturing operations, brands, marketing channels, and other resources. 3M serves customers in countries located around the world.

(Note: Data regarding Gabelli Funds’s stock holdings are sourced from whalewisdom.com. All data are assumed to be accurate.)

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