GABELLI MARIO J purchased 350K shares of GABELLI CONVERTIBLE & INCOME SECURITIES FUND INC on the open market
Open‑market purchase worth $3.50M. The strongest form of insider conviction signal.
P · 2 purchases
Filed: 1/5/2023ACC: 0001271163-23-000003
DirectorOther
Since Oct 2018
+350K
Net shares
Net buyer
$3.50M
Total acquired
2
Open market trades
2B · 0S
2
Total transactions
350K acquired
Non-Derivative Transactions2
Series G Cumulative Preferred Stock
Indirect
Shares
+200K
Price / share
$10.00
Trade value
$2M
% of position
New position
12/29/2022
0.00→200K
Series G Cumulative Preferred Stock
Indirect
Shares
+150K
Price / share
$10.00
Trade value
$1.50M
% of position
New position
12/29/2022
0.00→150K
Total
Net shares
+350K
Net value
$3.50M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Series G Cumulative Preferred Stock Indirect | 12/29/2022 | P · Purchase | +200K | $10.00 | $2M | New position | 0.00 | 200K |
| Series G Cumulative Preferred Stock Indirect | 12/29/2022 | P · Purchase | +150K | $10.00 | $1.50M | New position | 0.00 | 150K |
| Total | +350K | $3.50M | ||||||
Derivative Transactions0
No derivative transactions reported