Verizon: Gabelli Funds’ Top Quarterly Tech Stock Holding

Wall St. Watchdog reveals information regarding Gabelli Funds’ top holdings in the Technology sector for the quarter ending September 30th, 2011. The firm held 145 stocks in the Technology sector at the end of the quarter with an aggregate market value of $1.28 billion.

  • Verizon Communications Inc. (NYSE:VZ): On 06/30/2011, Gabelli Funds reported holding 2,655,784 shares with a market value of $98,874,837. This comprised 0.67% of the total portfolio. On 09/30/2011, Gabelli Funds reported holding 2,702,784 shares with a market value of $99,462,449. This comprised 0.8% of the total portfolio. The net change in shares for this position over the two quarters is 47,000. About Company: Verizon Communications Inc. is an integrated telecommunications company that provides wire line voice and data services, wireless services, Internet services, and published directory information. The Company also provides network services for the federal government including business phone lines, data services, telecommunications equipment and payphones.
  • Rogers Communications Inc. (NYSE:RCI): On 06/30/2011, Gabelli Funds reported holding 2,526,000 shares with a market value of $99,827,521. This comprised 0.67% of the total portfolio. On 09/30/2011, Gabelli Funds reported holding 2,465,500 shares with a market value of $84,344,753. This comprised 0.68% of the total portfolio. The net change in shares for this position over the two quarters is -60,500. About Company: Rogers Communications, Inc. is a diversified Canadian communications and media company. The Company’s activities include wireless voice and data communications services over its national GSM and HSPA networks; cable television, telephony and high speed Internet access services over its broadband networks; and radio and TV broadcasting, televised shopping, magazines, and sports entertainment.
  • Netlogic Microsystems Inc. (NASDAQ:NETL): On 06/30/2011, Gabelli Funds reported holding 0 shares. On 09/30/2011, Gabelli Funds reported holding 1,344,600 shares with a market value of $64,702,151. This comprised 0.52% of the total portfolio. The net change in shares for this position over the two quarters is 1,344,600. About Company: Netlogic Microsystems Inc. is a semiconductor company that designs, develops and markets high performance knowledge-based processors. The Company’s products are designed for a variety of advanced networking systems, such as routers, switches, access multiplexors and networked storage devices.
  • Bce Inc. (NYSE:BCE): On 06/30/2011, Gabelli Funds reported holding 1,516,000 shares with a market value of $59,563,641. This comprised 0.4% of the total portfolio. On 09/30/2011, Gabelli Funds reported holding 1,520,000 shares with a market value of $56,939,199. This comprised 0.46% of the total portfolio. The net change in shares for this position over the two quarters is 4,000. About Company: BCE Inc., provides a full range of communication services to residential and business customers in Canada. The Company’s services includes local, long distance and wireless phone services, high speed and wireless Internet access, IP-broadband services, value-added business solutions and direct-to-home satellite and VDSL television services.
  • At&t Inc. (NYSE:T): On 06/30/2011, Gabelli Funds reported holding 1,700,000 shares with a market value of $53,397,000. This comprised 0.36% of the total portfolio. On 09/30/2011, Gabelli Funds reported holding 1,911,000 shares with a market value of $54,501,721. This comprised 0.44% of the total portfolio. The net change in shares for this position over the two quarters is 211,000. About Company: AT&T Inc. is a communications holding company. The Company, through its subsidiaries and affiliates, provides local and long-distance phone service, wireless and data communications, Internet access and messaging, IP-based and satellite television, security services, telecommunications equipment, and directory advertising and publishing.
  • International Business Machines (NYSE:IBM): On 06/30/2011, Gabelli Funds reported holding 305,200 shares with a market value of $52,357,061. This comprised 0.35% of the total portfolio. On 09/30/2011, Gabelli Funds reported holding 299,200 shares with a market value of $52,321,103. This comprised 0.42% of the total portfolio. The net change in shares for this position over the two quarters is -6,000. About Company: International Business Machines Corporation provides computer solutions through the use of advanced information technology. The Company’s solutions include technologies, systems, products, services, software, and financing. IBM offers its products through its global sales and distribution organization, as well as through a variety of third party distributors and resellers.
  • United States Cellular Corp. (NYSE:USM): On 06/30/2011, Gabelli Funds reported holding 1,043,386 shares with a market value of $50,520,748. This comprised 0.34% of the total portfolio. On 09/30/2011, Gabelli Funds reported holding 1,080,296 shares with a market value of $42,833,738. This comprised 0.35% of the total portfolio. The net change in shares for this position over the two quarters is 36,910. About Company: United States Cellular Corporation provides cellular telephone service throughout the United States.
  • Varian Semiconductor Equipment Associates Inc. (NASDAQ:VSEA): On 06/30/2011, Gabelli Funds reported holding 690,000 shares with a market value of $42,393,599. This comprised 0.29% of the total portfolio. On 09/30/2011, Gabelli Funds reported holding 700,000 shares with a market value of $42,805,001. This comprised 0.35% of the total portfolio. The net change in shares for this position over the two quarters is 10,000. About Company: Varian Semiconductor Equipment Associates, Inc. designs, manufactures, markets, and services semiconductor processing equipment used in the fabrication of integrated circuits. The Company supplies ion implantation systems used to manufacture semiconductor chips.
  • Telephone & Data Systems Inc. (NYSE:TDS): On 06/30/2011, Gabelli Funds reported holding 1,880,300 shares with a market value of $58,439,724. This comprised 0.39% of the total portfolio. On 09/30/2011, Gabelli Funds reported holding 1,980,499 shares with a market value of $42,085,604. This comprised 0.34% of the total portfolio. The net change in shares for this position over the two quarters is 100,199. About Company: Telephone and Data Systems, Inc. is a diversified telecommunications company. The Company operates primarily in the cellular, local telephone, and personal communications services markets. Telephone and Data Systems provides telecommunications services throughout the United States.
  • Vodafone Group Plc (NASDAQ:VOD): On 06/30/2011, Gabelli Funds reported holding 1,517,075 shares with a market value of $40,536,243. This comprised 0.27% of the total portfolio. On 09/30/2011, Gabelli Funds reported holding 1,589,075 shares with a market value of $40,775,664. This comprised 0.33% of the total portfolio. The net change in shares for this position over the two quarters is 72,000. About Company: Vodafone Group Plc provides a range of mobile telecommunications services, including voice and data communications. Vodafone has equity interests in 28 countries and Partner Networks in a further 7 countries with almost all the Group’s mobile subsidiaries operating principally under the brand name Vodafone. In the United States their associated undertaking operates as Verizon Wireless.

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

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