associated capital group, inc. provides investment advisory services in the united states. the company offers alternative investment management and underwriting services, as well as asset management services. it also offers institutional research services to hedge funds and asset managers, as well as affiliated mutual funds and managed accounts. the company was founded in 1976 and is headquartered in greenwich, connecticut.
Company profile
Ticker
AC
Exchange
Website
CEO
Douglas Jamieson
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Gabelli Securities Group, Inc.
SEC CIK
Corporate docs
Subsidiaries
Gabelli & Company • Gabelli & Partners, LLC • (100%-owned by Gabelli & Company ...
AC stock data
Latest filings (excl ownership)
8-K
Results of Operations and Financial Condition
5 Apr 24
10-K
2023 FY
Annual report
21 Mar 24
8-K
Reports Fourth Quarter and Full Year Results
9 Feb 24
8-K
Associated Capital Reports Estimated Fourth Quarter and Full Year Results
11 Jan 24
10-Q
2023 Q3
Quarterly report
13 Nov 23
8-K
Reports Third Quarter Results
13 Nov 23
8-K
Departure of Directors or Certain Officers
13 Nov 23
8-K
Results of Operations and Financial Condition
12 Oct 23
8-K
Other Events
25 Aug 23
10-Q
2023 Q2
Quarterly report
10 Aug 23
Latest ownership filings
4
MARIO J GABELLI
3 Apr 24
SC 13G/A
VANGUARD GROUP INC
13 Feb 24
SC 13G/A
HORIZON KINETICS ASSET MANAGEMENT LLC
6 Feb 24
4
MARIO J GABELLI
23 Jan 24
4
MARIO J GABELLI
23 Jan 24
4
MARIO J GABELLI
28 Dec 23
4
MARIO J GABELLI
26 Dec 23
144
GABELLI CONVERTIBLE & INCOME SECURITIES FUND INC
8 Dec 23
144
BANCROFT FUND LTD
8 Dec 23
144
GABELLI CONVERTIBLE & INCOME SECURITIES FUND INC
24 Nov 23
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 399.47 mm | 399.47 mm | 399.47 mm | 399.47 mm | 399.47 mm | 399.47 mm |
Cash burn (monthly) | (no burn) | (no burn) | 1.17 mm | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | n/a | n/a | 7.82 mm | n/a | n/a | n/a |
Cash remaining | n/a | n/a | 391.64 mm | n/a | n/a | n/a |
Runway (months of cash) | n/a | n/a | 333.7 | n/a | n/a | n/a |
Institutional ownership, Q2 2023
73.6% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 31 |
Opened positions | 3 |
Closed positions | 15 |
Increased positions | 5 |
Reduced positions | 17 |
13F shares | Current |
---|---|
Total value | 65.89 bn |
Total shares | 1.87 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Horizon Kinetics Asset Management | 1.22 mm | $43.26 bn |
Vanguard | 179.31 k | $6.35 bn |
Dimensional Fund Advisors | 109.01 k | $3.86 bn |
Mad River Investors | 101.80 k | $3.77 bn |
Gamco Investors | 84.00 k | $2.97 bn |
BLK Blackrock | 51.70 k | $1.83 bn |
Geode Capital Management | 26.42 k | $935.13 mm |
Millennium Management | 25.53 k | $903.59 mm |
Renaissance Technologies | 14.20 k | $503.00 k |
NTRS Northern Trust | 13.52 k | $478.75 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
2 Apr 24 | Gabelli Mario J | Series A Common Stock | Buy | Acquire P | No | No | 41.25 | 500 | 20.63 k | 23,300 |
22 Jan 24 | Gamco Investors | Common Stock | Sell | Dispose S | Yes | No | 23.23 | 200 | 4.65 k | 2,500 |
22 Jan 24 | Gamco Investors | Series A Common Stock | Sell | Dispose S | Yes | No | 43 | 200 | 8.60 k | 3,800 |
26 Dec 23 | Gamco Investors | Common Stock | Sell | Dispose S | Yes | No | 30.1 | 100 | 3.01 k | 2,700 |
22 Dec 23 | Gamco Investors | Common Stock | Sell | Dispose S | Yes | No | 26.62 | 100 | 2.66 k | 2,800 |