UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: December 31, 2010
Check here if Amendment [ X ] ; Amendment Number: 1
This Amendment (Check only one.): [ X ] is a restatement.
[ ] adds new holdings
entries.
Institutional Investment Manager Filing this Report:
Name: GAMCO Asset Management Inc.
Address: One Corporate Center
Rye, New York 10580
13F file number: 028-01887
The institutional investment manager filing this report and the person
by whom it is signed hereby represent that the person signing the report
is authorized to submit it, that all information contained herein is true,
correct and complete, and that it is understood that all required items,
statements, schedules, lists, and tables, are considered integral parts of
this form.
Person Signing this Report on Behalf of Reporting Manager:
Name: Douglas R. Jamieson /S/
Title: President
Phone: 914-921-5020
Signature, Place and Date of Signing:
Douglas R. Jamieson /s/ Rye, NY March 3, 2011
Report Type (Check only one.) :
[ X ] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
List of Other managers Reporting for this Manager:
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934.
SEC13F.LNS GAMCO ASSET MANAGEMENT INC.
FORM 13F SUMMARY PAGE
AS OF DATE: 12/31/10
RUN DATE: 01/31/11 8:11 A.M.
REPORT SUMMARY:
NUMBER OF OTHER INCLUDED MANAGERS: 3
FORM 13F INFORMATION TABLE ENTRY TOTAL: 2,360
FORM 13F INFORMATION TABLE VALUE TOTAL: $26,717,038
(thousands)
LIST OF OTHER INCLUDED MANAGERS:
NO. FORM 13F FILE NUMBER NAME
1 028-10894 GABELLI FUNDS, LLC
2 028-10598 GABELLI SECURITIES, INC.
3 028-13534 TETON ADVISORS, INC.
PORTVUE-SEC13F.LNP GAMCO ASSET MGT. INC. PAGE 1
RUN DATE: 01/31/11 8:11 A.M.
FORM 13F INFORMATION TABLE
AS OF DATE: 12/31/10
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
1 800 FLOWERS COM INC CL A COM 68243Q106 1372 510000 SH SOLE 510000 0 0
3M CO. COM 88579Y101 1036 12000 SH SOLE 12000 0 0
99 CENTS ONLY STORES COM 65440K106 1514 95000 SH SOLE 95000 0 0
A T & T INC (NEW) COM 00206R102 13855 471564 SH SOLE 259006 1008 211550
AAR CORP COM COM 000361105 2060 75000 SH SOLE 75000 0 0
AARON'S INC COM 002535300 12875 631430 SH SOLE 631430 0 0
ABB LTD SPONSORED ADR COM 000375204 4528 201690 SH SOLE 201690 0 0
ABBOTT LABS COM 002824100 4723 98585 SH SOLE 95085 0 3500
ABOVENET INC COM COM 00374N107 3069 52500 SH SOLE 52500 0 0
ACCO BRANDS CORP COM COM 00081T108 1469 172378 SH SOLE 170263 0 2115
ACTIVISION BLIZZARD,INC COM 00507V109 833 67000 SH SOLE 67000 0 0
ACUITY BRANDS INC (B:AYI) COM COM 00508Y102 1051 18220 SH SOLE 18220 0 0
ADOBE SYSTEMS INC COM COM 00724F101 2192 71220 SH SOLE 22120 0 49100
AES CORP COM COM 00130H105 5078 416900 SH SOLE 416900 0 0
AGL RES INC COM COM 001204106 2553 71200 SH SOLE 54300 0 16900
AGNICO-EAGLE MINES (USD) COM 008474108 4535 59120 SH SOLE 59120 0 0
AIR PRODS & CHEMS INC COM COM 009158106 3010 33100 SH SOLE 33100 0 0
AIRGAS INC COM COM 009363102 6202 99300 SH SOLE 84300 0 15000
AIRTRAN HLDGS INC COM COM 00949P108 74 10000 SH SOLE 10000 0 0
ALBEMARLE CORP COM COM 012653101 1729 31000 SH SOLE 31000 0 0
ALBERTO CULVER CO NEW COM COM 013078100 78263 2112920 SH SOLE 1941220 20200 151500
ALCOA INC COM COM 013817101 14205 923010 SH SOLE 826010 0 97000
ALCON INC COM SHS COM H01301102 7598 46500 SH SOLE 30500 0 16000
ALERE INC COM 01449J105 677 18500 SH SOLE 13500 0 5000
ALIGN TECHNOLOGY INC COM COM 016255101 1329 68000 SH SOLE 68000 0 0
ALLEGHANY CORP DEL COM 017175100 1051 3429 SH SOLE 3429 0 0
ALLEGHENY ENERGY INC COM COM 017361106 19793 816537 SH SOLE 809537 4000 3000
ALLERGAN INC COM 018490102 10172 148128 SH SOLE 147194 0 934
ALLETE INC COM NEW COM 018522300 1254 33650 SH SOLE 33650 0 0
ALLIANCE BERNSTEIN HLDGS LP UN COM 01881G106 8178 350520 SH SOLE 304520 0 46000
ALLIANT ENERGY CORP COM COM 018802108 915 24880 SH SOLE 24280 600 0
AMAZON.COM INC COM 023135106 679 3770 SH SOLE 2870 0 900
AMERICA MOVIL S A DE C V SPONS COM 02364W105 3068 53500 SH SOLE 53500 0 0
AMERICAN DENTAL PARTNERS INC COM 025353103 311 23000 SH SOLE 23000 0 0
AMERICAN DG ENERGY INC COM COM 025398108 886 320000 SH SOLE 320000 0 0
AMERICAN ELECTRIC POWER COM 025537101 270 7500 SH SOLE 7500 0 0
AMERICAN EXPRESS CO COM 025816109 171589 3997870 SH SOLE 3706420 5100 286350
AMERICAN PUBLIC EDUCATION INCO COM 02913V103 305 8200 SH SOLE 5700 2500 0
AMERICAN WATER WORKS CO INC COM 030420103 2091 82700 SH SOLE 82700 0 0
AMERIPRISE FINL INC COM COM 03076C106 3592 62412 SH SOLE 57112 0 5300
AMETEK INC NEW COM COM 031100100 139336 3549970 SH SOLE 3439196 0 110774
PORTVUE-SEC13F.LNP GAMCO ASSET MGT. INC. PAGE 2
RUN DATE: 01/31/11 8:11 A.M.
FORM 13F INFORMATION TABLE
AS OF DATE: 12/31/10
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
AMGEN INC COM 031162100 535 9750 SH SOLE 9750 0 0
AMPCO PITTSBURGH CORP COM 032037103 33187 1183122 SH SOLE 1167222 0 15900
ANADARKO PETE CORP COM COM 032511107 9946 130600 SH SOLE 106600 0 24000
ANGIODYNAMICS INC COM COM 03475V101 3836 249560 SH SOLE 225560 0 24000
ANGLOGOLD LTD SPONSORED ADR COM 035128206 226 4600 SH SOLE 4600 0 0
ANIMAL HEALTH INTERNATIONAL COM 03525N109 949 329900 SH SOLE 314900 0 15000
ANIXTER INTL INC COM COM 035290105 358 6000 SH SOLE 6000 0 0
AOL INC COM COM 00184X105 5005 211095 SH SOLE 202396 15 8684
APACHE CORP COM 037411105 3417 28658 SH SOLE 22958 0 5700
APPLE INC COM 037833100 9335 28939 SH SOLE 25069 0 3870
APPLIED MATLS INC COM COM 038222105 814 57930 SH SOLE 57930 0 0
APPLIED SIGNAL TECHNOLOGY COM COM 038237103 10238 270200 SH SOLE 270200 0 0
APPROACH RESOURCES INC COM COM 03834A103 705 30500 SH SOLE 17000 13500 0
ARBITRON INC COM COM 03875Q108 2659 64049 SH SOLE 64049 0 0
ARCH CHEMICALS INC COM COM 03937R102 3102 81780 SH SOLE 81780 0 0
ARCHER DANIELS MIDLAND COM 039483102 44447 1477629 SH SOLE 1368629 3400 105600
ARGO GROUP INTL HLDGS LTD COM COM G0464B107 2996 80000 SH SOLE 80000 0 0
ART TECHNOLOGY GROUP INC COM COM 04289L107 6698 1120000 SH SOLE 1080000 40000 0
ARTHROCARE CORP COM COM 043136100 13719 441700 SH SOLE 417700 0 24000
ARTIO GLOBAL INVESTORS INC COM 04315B107 3353 227300 SH SOLE 173300 0 54000
ASCENT MEDIA CORP COM SER A COM 043632108 48898 1261559 SH SOLE 1176375 500 84684
ASHLAND INC NEW COM COM 044209104 13872 272749 SH SOLE 255215 0 17534
ASTEC INDS INC COM COM 046224101 1718 53000 SH SOLE 53000 0 0
ASTRONICS CORP COM COM 046433108 210 10000 SH SOLE 10000 0 0
ATLAS AMERICA INC COM COM 049298102 8447 192100 SH SOLE 188100 4000 0
AUTOMATIC DATA PROCESSING COM 053015103 278 6000 SH SOLE 6000 0 0
AUTONATION INC COM 05329W102 73866 2619348 SH SOLE 2220669 0 398679
AUTOZONE INC COM 053332102 9568 35100 SH SOLE 21100 0 14000
AVON PRODUCTS INC COM 054303102 8227 283100 SH SOLE 241600 0 41500
AZZ INC COM COM 002474104 232 5800 SH SOLE 5800 0 0
BADGER METER INC COM COM 056525108 2828 63950 SH SOLE 62450 0 1500
BAKER HUGHES INC COM 057224107 229 4000 SH SOLE 4000 0 0
BALDOR ELEC CO COM COM 057741100 103373 1639800 SH SOLE 1570300 4000 65500
BALDWIN TECHNOLOGY INC CL A COM 058264102 1323 994797 SH SOLE 960797 0 34000
BANK OF AMERICA COM 060505104 5946 445752 SH SOLE 434752 0 11000
BANK OF NEW YORK MELLON CORP COM 064058100 139980 4635087 SH SOLE 4117387 5000 512700
BARNES GROUP INC COM COM 067806109 1075 51990 SH SOLE 51990 0 0
BARNES & NOBLES COM 067774109 1755 124000 SH SOLE 124000 0 0
BARRETT BILL CORP COM COM 06846N104 1152 28000 SH SOLE 23300 4700 0
BARRICK GOLD(R:ABX.N B:ABX US) COM 067901108 2717 51100 SH SOLE 51100 0 0
BAXTER INTL INC COM COM 071813109 29174 576340 SH SOLE 551740 300 24300
BCE INC COM 05534B760 11634 328100 SH SOLE 176100 0 152000
BEASLEY BROADCAST GRP INC. COM 074014101 7857 1311651 SH SOLE 1248025 0 63626
BECKMAN COULTER INC COM COM 075811109 40722 541303 SH SOLE 493303 500 47500
PORTVUE-SEC13F.LNP GAMCO ASSET MGT. INC. PAGE 3
RUN DATE: 01/31/11 8:11 A.M.
FORM 13F INFORMATION TABLE
AS OF DATE: 12/31/10
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
BECTON DICKINSON & CO COM COM 075887109 2306 27285 SH SOLE 24485 0 2800
BED BATH & BEYOND INC COM 075896100 5996 122000 SH SOLE 122000 0 0
BEL FUSE INC CL A COM 077347201 4214 165241 SH SOLE 110241 0 55000
BELDEN CDT INC COM 077454106 3756 102000 SH SOLE 102000 0 0
BELO CORP COM 080555105 3374 476601 SH SOLE 476601 0 0
BERKSHIRE HATHAWAY INC DEL CL COM 084670702 7401 92387 SH SOLE 92387 0 0
BERKSHIRE HATHAWAY INC-CL A COM 084670108 3614 30 SH SOLE 29 1 0
BEST BUY INC COM COM 086516101 1114 32500 SH SOLE 32500 0 0
BIG 5 SPORTING GOODS CORP COM COM 08915P101 3085 202000 SH SOLE 193000 0 9000
BIGLARI HOLDINGS INC COM 08986R101 38538 93946 SH SOLE 89846 200 3900
BIO RAD LABS INC CL A COM 090572207 249 2400 SH SOLE 2400 0 0
BIOGEN IDEC INC COM 09062X103 659 9829 SH SOLE 9829 0 0
BIOLASE TECHNOLOGY INC COM COM 090911108 223 127500 SH SOLE 127500 0 0
BIO-REFERENCE LABS INC COM $.0 COM 09057G602 730 32900 SH SOLE 25700 7200 0
BLACK HILLS CORP COM COM 092113109 21078 702585 SH SOLE 573585 0 129000
BLACKROCK INC CL A COM 09247X101 690 3620 SH SOLE 2820 0 800
BLACKSTONE GROUP L P COM UNIT COM 09253U108 505 35700 SH SOLE 35700 0 0
BMP SUNSTONE CORP COM COM 05569C105 1388 140100 SH SOLE 140100 0 0
BOEING CO COM 097023105 38614 591698 SH SOLE 549898 300 41500
BON-TON STORES INC COM COM 09776J101 7298 576500 SH SOLE 576500 0 0
BORG WARNER INC COM 099724106 85121 1176352 SH SOLE 1164352 0 12000
BOSTON BEER INC CL A COM 100557107 13408 141000 SH SOLE 136500 0 4500
BOSTON PRIVATE FINL HLDGS INCO COM 101119105 250 38200 SH SOLE 38200 0 0
BOSTON SCIENTIFIC CORP COM COM 101137107 12694 1676885 SH SOLE 1348885 0 328000
BOYD GAMING CORP COM 103304101 19124 1804150 SH SOLE 1754150 3000 47000
BRINKS CO COM COM 109696104 9991 371700 SH SOLE 371700 0 0
BRISTOL MYERS SQUIBB CO COM 110122108 18787 709485 SH SOLE 688485 5000 16000
BROWN FORMAN CORP CL B COM 115637209 5394 77473 SH SOLE 73073 0 4400
BROWN-FORMAN CORP CLASS A COM 115637100 38593 555945 SH SOLE 532945 0 23000
BRUNSWICK CORP COM 117043109 1199 64000 SH SOLE 64000 0 0
BRUSH ENGINEERED MATLS INC COM COM 117421107 28829 746100 SH SOLE 646600 0 99500
BUCYRUS INTL INC NEW CL A COM 118759109 59058 660600 SH SOLE 610900 1000 48700
CABLEVISION SYS NY GROUP A COM 12686C109 319252 9434175 SH SOLE 8702348 8800 723027
CALAMOS ASSET MANAGEMENT-A COM 12811R104 1540 110000 SH SOLE 110000 0 0
CALGON CARBON CORP COM COM 129603106 897 59300 SH SOLE 47100 12200 0
CAMBIUM LEARNING GRP INC COM COM 13201A107 1118 325073 SH SOLE 325073 0 0
CAMERON INTERNATIONAL CORP COM 13342B105 12713 250604 SH SOLE 217604 0 33000
CAMPBELL SOUP CO COM 134429109 24991 719178 SH SOLE 626528 300 92350
CANTERBURY PK HLDG CORP COM 13811E101 4882 420121 SH SOLE 379121 0 41000
CARMIKE CINEMAS INC COM COM 143436400 1158 150000 SH SOLE 150000 0 0
CASELLA WASTE SYS INC CL A COM 147448104 980 138200 SH SOLE 138200 0 0
CASEYS GEN STORES INC COM COM 147528103 19975 469881 SH SOLE 415881 0 54000
CASH AMER INTL INC COM COM 14754D100 222 6000 SH SOLE 5400 600 0
CATERPILLAR INC COM 149123101 1458 15570 SH SOLE 12470 0 3100
PORTVUE-SEC13F.LNP GAMCO ASSET MGT. INC. PAGE 4
RUN DATE: 01/31/11 8:11 A.M.
FORM 13F INFORMATION TABLE
AS OF DATE: 12/31/10
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
CAVCO INDUSTRIES COM 149568107 21750 465848 SH SOLE 459848 0 6000
CBS CORP CLASS A COM 124857103 50433 2650201 SH SOLE 2524147 0 126054
CBS CORP NEW CL B COM 124857202 12923 678354 SH SOLE 355354 3000 320000
CELGENE CORP COM 151020104 1317 22270 SH SOLE 17070 3100 2100
CENTRAL EUROPE AND RUSSIA FUND MUTUAL FUNDS 153436100 395 9441 SH SOLE 7500 1941 0
CENTRAL VT PUB SVC CORP COM COM 155771108 2555 116900 SH SOLE 116900 0 0
CENTURYLINK, INC. COM 156700106 8450 183024 SH SOLE 178849 0 4175
CEPHALON INC COM COM 156708109 994 16100 SH SOLE 16100 0 0
CEPHEID COM COM 15670R107 5892 259000 SH SOLE 223000 0 36000
CH ENERGY GROUP, INC. COM 12541M102 36994 756684 SH SOLE 704059 1000 51625
CHEESECAKE FACTORY INC COM 163072101 10250 334300 SH SOLE 305300 0 29000
CHEMED CORPORATION COM 16359R103 45947 723455 SH SOLE 702655 1000 19800
CHEMTURA CORP COM NEW COM 163893209 320 20010 SH SOLE 20010 0 0
CHESAPEAKE ENERGY CORP COM COM 165167107 2329 89875 SH SOLE 69375 0 20500
CHESAPEAKE UTILS CORP COM COM 165303108 1283 30890 SH SOLE 28283 0 2607
CHEVRON CORP COM 166764100 17985 197099 SH SOLE 176514 2000 18585
CHINA MOBILE LTD COM 16941M109 2878 58000 SH SOLE 58000 0 0
CHURCH & DWIGHT CO COM 171340102 17333 251130 SH SOLE 245630 0 5500
CHURCHILL DOWNS INC COM COM 171484108 26320 606442 SH SOLE 579442 0 27000
CINCINNATI BELL COM 171871106 32515 11612470 SH SOLE 10747970 10000 854500
CINCINNATI BELL PFD CVT 6.75% CONVERTIBLE PREF 171871403 477 11700 SH SOLE 11700 0 0
CINEDIGM DIGITAL CINEMA CORPOR COM 172407108 50 30000 SH SOLE 30000 0 0
CIRCOR INTL INC COM COM 17273K109 61590 1456715 SH SOLE 1311015 0 145700
CISCO SYS INC COM 17275R102 3922 193885 SH SOLE 155185 26200 12500
CITIGROUP INC. COM 172967101 1800 380600 SH SOLE 380600 0 0
CLARCOR INC COM 179895107 81673 1904241 SH SOLE 1879241 0 25000
CLEAR CHANNEL OUTDOOR HLDGS CL COM 18451C109 25688 1829600 SH SOLE 1642600 0 187000
CLEARWIRE CORP-CLASS A COM 18538Q105 821 159370 SH SOLE 159370 0 0
CME GROUP INC COM COM 12572Q105 2526 7850 SH SOLE 7850 0 0
CMS ENERGY CORP COM COM 125896100 1707 91800 SH SOLE 90800 0 1000
CNA SURETY CORP COM COM 12612L108 24395 1030200 SH SOLE 1027200 0 3000
CNH GLOBAL NV COM COM N20935206 153988 3225554 SH SOLE 3112554 2500 110500
COACH INC COM 189754104 517 9353 SH SOLE 7253 0 2100
COBALT INTL ENERGY INC COM COM 19075F106 366 30000 SH SOLE 30000 0 0
COCA COLA CO COM 191216100 116607 1772948 SH SOLE 1466648 1000 305300
COHEN & STEERS INC COM COM 19247A100 28980 1110342 SH SOLE 1048842 6500 55000
COLDWATER CREEK INC COM COM 193068103 3604 1137000 SH SOLE 1137000 0 0
COLGATE PALMOLIVE CO COM 194162103 2145 26695 SH SOLE 21895 0 4800
COLLECTIVE BRANDS INC COM COM 19421W100 274 13000 SH SOLE 13000 0 0
COMCAST CORP CL A SPL COM 20030N200 2021 97094 SH SOLE 97094 0 0
COMCAST CORP NEW COM CL A COM 20030N101 2818 128284 SH SOLE 121739 145 6400
COMMSCOPE INC COM COM 203372107 13178 422100 SH SOLE 322100 0 100000
COMMUNICATIONS SYS COM 203900105 3759 267537 SH SOLE 267537 0 0
COMPELLENT TECHNOLOGIES INC CO COM 20452A108 883 32000 SH SOLE 32000 0 0
PORTVUE-SEC13F.LNP GAMCO ASSET MGT. INC. PAGE 5
RUN DATE: 01/31/11 8:11 A.M.
FORM 13F INFORMATION TABLE
AS OF DATE: 12/31/10
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
CONAGRA INC COM 205887102 1152 51000 SH SOLE 51000 0 0
CONMED CORP COM COM 207410101 2603 98500 SH SOLE 98500 0 0
CONNECTICUT WTR SVC INC COM COM 207797101 238 8550 SH SOLE 8550 0 0
CONOCOPHILLIPS COM COM 20825C104 13297 195264 SH SOLE 151164 0 44100
CONSOL ENERGY INC COM COM 20854P109 19515 400400 SH SOLE 344000 1400 55000
CONSTELLATION BRANDS COM COM 21036P108 13069 590025 SH SOLE 580025 0 10000
CONSTELLATION ENERGY GROUP ICO COM 210371100 5397 176206 SH SOLE 152906 5500 17800
CONTINUCARE CORP COM COM 212172100 515 110000 SH SOLE 110000 0 0
COOPER COS INC COM NEW COM 216648402 7888 140000 SH SOLE 100000 0 40000
COOPER INDUSTRIES PLC SHS COM G24140108 62982 1080490 SH SOLE 1017190 200 63100
COPART INC COM COM 217204106 2540 68000 SH SOLE 15500 12500 40000
CORE MOLDING TECH COM COM 218683100 2479 430300 SH SOLE 430300 0 0
CORINTHIAN COLLEGES INC COM COM 218868107 3324 638000 SH SOLE 638000 0 0
CORN PRODS INTL INC COM COM 219023108 27331 594151 SH SOLE 551551 0 42600
CORNING INC COM 219350105 7653 396129 SH SOLE 396129 0 0
COSTCO WHSL CORP NEW COM COM 22160K105 9379 129885 SH SOLE 54085 0 75800
COVANCE INC COM COM 222816100 252 4900 SH SOLE 2500 2400 0
COVANTA HOLDING CORP COM 22282E102 4194 244000 SH SOLE 244000 0 0
COVIDIEN PLC ORDINARY SHARE COM G2554F105 21542 471800 SH SOLE 466800 1000 4000
CRANE CO COM 224399105 153799 3744800 SH SOLE 3582100 500 162200
CROWN HOLDINGS INC COM COM 228368106 304 9100 SH SOLE 9100 0 0
CROWN MEDIA HLDGS INC CL A COM 228411104 681 260000 SH SOLE 230000 0 30000
CRUCELL N V SPONSORED ADR COM 228769105 17965 573397 SH SOLE 570797 2600 0
CTS CORP COM 126501105 39233 3547303 SH SOLE 3287303 500 259500
CUMMINS ENGINE INC COM 231021106 1452 13195 SH SOLE 9895 0 3300
CURTISS WRIGHT CORP COM 231561101 86971 2619601 SH SOLE 2388351 250 231000
CUTERA INC COM COM 232109108 3856 465085 SH SOLE 435085 0 30000
CVS CAREMARK CORP COM 126650100 35777 1028976 SH SOLE 972976 6000 50000
CYMER INC COM COM 232572107 216 4800 SH SOLE 4300 500 0
CYNOSURE INC CL A COM 232577205 246 24000 SH SOLE 24000 0 0
CYPRESS SEMICONDUCTOR CORP COM COM 232806109 7599 409000 SH SOLE 409000 0 0
CYTEC INDS INC COM COM 232820100 318 6000 SH SOLE 6000 0 0
DANA HOLDING CORP COM COM 235825205 36246 2106100 SH SOLE 1918600 4500 183000
DEAN FOODS (B:DF) COM 242370104 2665 301500 SH SOLE 279500 0 22000
DEERE & CO. COM 244199105 147660 1777968 SH SOLE 1660968 200 116800
DEL MONTE FOODS CO COM COM 24522P103 32116 1708290 SH SOLE 1636790 0 71500
DENNYS CORP COM COM 24869P104 2703 755000 SH SOLE 755000 0 0
DENTSPLY INTL INC NEW COM COM 249030107 8918 261000 SH SOLE 249100 1500 10400
DEUTSCHE BANK AG-REG (B:DB) COM D18190898 3737 71799 SH SOLE 63799 8000 0
DEVON ENERGY CORP NEW COM 25179M103 17696 225394 SH SOLE 210194 1600 13600
DEXCOM INC COM COM 252131107 1065 78000 SH SOLE 78000 0 0
DIAGEO PLC SPONSORED ADR (B:DE COM 25243Q205 44169 594227 SH SOLE 593927 0 300
DIAMOND FOODS INC COM COM 252603105 1542 29000 SH SOLE 29000 0 0
DIAMOND OFFSHORE DRILLNG INCCO COM 25271C102 1090 16300 SH SOLE 16300 0 0
PORTVUE-SEC13F.LNP GAMCO ASSET MGT. INC. PAGE 6
RUN DATE: 01/31/11 8:11 A.M.
FORM 13F INFORMATION TABLE
AS OF DATE: 12/31/10
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
DIEBOLD INC COM COM 253651103 126368 3942834 SH SOLE 3667334 3400 272100
DIONEX CORP COM COM 254546104 57011 483100 SH SOLE 412600 2000 68500
DIRECTV-CLASS A COM 25490A101 242447 6071799 SH SOLE 5619623 3300 448876
DISCOVER FINANCIAL COM 254709108 3373 182028 SH SOLE 182028 0 0
DISCOVERY COMMS NEW SER A COM 25470F104 35857 859890 SH SOLE 818137 750 41003
DISCOVERY COMMS NEW SER C COM 25470F302 30304 825939 SH SOLE 784186 750 41003
DISH NETWORK CORPORATION COM 25470M109 69980 3559500 SH SOLE 3237700 3600 318200
DISNEY WALT PRODTNS COM 254687106 6975 185952 SH SOLE 176952 0 9000
DOLLAR THRIFTY AUTOMOTIVE GRCO COM 256743105 236 5000 SH SOLE 5000 0 0
DOMINION RES INC VA NEW COM COM 25746U109 4789 112100 SH SOLE 112100 0 0
DONALDSON INC COM 257651109 76403 1310970 SH SOLE 1253970 0 57000
DOVER DOWNS GAMING & ENTMT INC COM 260095104 579 170171 SH SOLE 157101 0 13070
DOVER MOTORSPORTS INC.(B:DVD) COM 260174107 1560 876500 SH SOLE 814500 0 62000
DOW CHEMICAL CORP COM 260543103 436 12780 SH SOLE 12780 0 0
DPL INC COM COM 233293109 10868 422712 SH SOLE 377212 3500 42000
DR HORTON 2.000% 05/15/14 CONVERTIBLE BOND 23331ABB4 217 190000 PRN SOLE 190000 0 0
DR PEPPER SNAPPLE GROUP INC CO COM 26138E109 92910 2642500 SH SOLE 2440396 1940 200164
DRIL QUIP INC. COM 262037104 1119 14400 SH SOLE 11900 2500 0
DU PONT E I DE NEMOURS CO COM 263534109 5240 105060 SH SOLE 102060 0 3000
DUCOMMUN INC DEL COM COM 264147109 327 15000 SH SOLE 15000 0 0
DUFF & PHELPS CORP-CL A COM 26433B107 927 55000 SH SOLE 55000 0 0
DUKE ENERGY CORP COM 26441C105 4121 231382 SH SOLE 227822 1560 2000
DYNAMEX INC COM COM 26784F103 230 9300 SH SOLE 9300 0 0
DYNEGY INC COM 26817G300 348 62000 SH SOLE 62000 0 0
E M C CORP MASS COM COM 268648102 4638 202537 SH SOLE 175037 9500 18000
EASTERN CO COM COM 276317104 263 14748 SH SOLE 14748 0 0
EASTMAN KODAK COM 277461109 2460 458950 SH SOLE 458950 0 0
EATON CORP COM 278058102 3518 34652 SH SOLE 28452 0 6200
EATON VANCE CORP COM COM 278265103 363 12000 SH SOLE 12000 0 0
EBAY INC COM 278642103 668 24000 SH SOLE 24000 0 0
ECHOSTAR CORP-A COM 278768106 10053 402618 SH SOLE 281718 660 120240
ECOLAB INC COM 278865100 48013 952256 SH SOLE 926048 0 26208
EDGEWATER TECHNOLOGY INC COM COM 280358102 2614 1112300 SH SOLE 987300 0 125000
EL PASO CORPORATION COM 28336L109 24730 1797265 SH SOLE 1645765 0 151500
EL PASO ELEC CO COM NEW COM 283677854 52825 1918824 SH SOLE 1787324 2000 129500
ELECTRONIC ARTS COM COM 285512109 1785 109000 SH SOLE 109000 0 0
ELIZABETH ARDEN INC COM 28660G106 253 11000 SH SOLE 11000 0 0
EMERSON ELEC CO COM 291011104 2590 45306 SH SOLE 37006 0 8300
EMMIS COMMUNICATIONS CORP COM 291525103 68 90000 SH SOLE 90000 0 0
EMULEX CORP COM NEW COM 292475209 2215 190000 SH SOLE 190000 0 0
ENER1 INC COM NEW COM 29267A203 53 14000 SH SOLE 14000 0 0
ENERGIZER HLDGS INC COM COM 29266R108 87789 1204240 SH SOLE 1133740 0 70500
ENERGY TRANSFER PARTNERS L PUN COM 29273R109 363 7000 SH SOLE 4000 3000 0
ENTEGRIS INC COM COM 29362U104 905 121170 SH SOLE 86170 0 35000
PORTVUE-SEC13F.LNP GAMCO ASSET MGT. INC. PAGE 7
RUN DATE: 01/31/11 8:11 A.M.
FORM 13F INFORMATION TABLE
AS OF DATE: 12/31/10
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
ENTERPRISE PRODS PARTNERS L CO OIL & GAS PARTNE 293792107 569 13668 SH SOLE 8668 5000 0
EOG RESOURCES INC COM 26875P101 1384 15140 SH SOLE 12640 0 2500
EPOCH HOLDING CORP COM 29428R103 8131 523540 SH SOLE 523540 0 0
EQT CORP COM COM 26884L109 1121 25000 SH SOLE 20300 4700 0
EURAND N V SHS COM N31010106 118 10000 SH SOLE 10000 0 0
EXACTECH INC COM COM 30064E109 11046 586915 SH SOLE 569415 0 17500
EXXON MOBIL CORP COM 30231G102 9487 129743 SH SOLE 116243 0 13500
EZCORP INC CL A NON VTG COM 302301106 540 19900 SH SOLE 14400 5500 0
FALCONSTOR SOFTWARE INC COM COM 306137100 358 107000 SH SOLE 107000 0 0
FAMOUS DAVES AMER INC COM COM 307068106 152 13650 SH SOLE 12450 1200 0
FEDERAL MOGUL CORP CL A COM 313549404 25447 1232300 SH SOLE 1202900 1400 28000
FEIHE INTERNATIONAL INC COM COM 31429Y103 2820 265000 SH SOLE 265000 0 0
FERRO CORP COM 315405100 91611 6257579 SH SOLE 6086579 2000 169000
FIDELITY SOUTHERN CORP COM 316394105 241 34484 SH SOLE 34484 0 0
FIRSTENERGY CORP COM COM 337932107 1101 29751 SH SOLE 29151 600 0
FIRSTMERIT CORP COM COM 337915102 443 22400 SH SOLE 21000 1400 0
FISHER COMMUNICATIONS INC COM COM 337756209 39852 1828054 SH SOLE 1655642 0 172412
FLOWERS FOODS INC COM COM 343498101 29086 1080875 SH SOLE 1023375 2200 55300
FLOWSERVE CORP COM COM 34354P105 147705 1238932 SH SOLE 1168482 1450 69000
FLUSHING FINL CORP COM COM 343873105 3651 260800 SH SOLE 260800 0 0
FMC CORP COM NEW COM 302491303 1070 13390 SH SOLE 13390 0 0
FOMENTO ECONOMICO MEXICANO SAD COM 344419106 14127 252635 SH SOLE 252635 0 0
FORD CAP TRUST 6.5% 01/15/32 CONVERTIBLE PREF 345395206 10303 198400 SH SOLE 178500 0 19900
FORD MTR CO DEL COM PAR $0.01 COM 345370860 27632 1645760 SH SOLE 1185760 0 460000
FORTUNE BRANDS INC COM 349631101 98983 1642870 SH SOLE 1588370 0 54500
FRANKLIN ELEC INC COM 353514102 8166 209809 SH SOLE 203809 0 6000
FRANKLIN RES INC COM COM 354613101 856 7700 SH SOLE 7700 0 0
FREEPORT MCMORAN COPPER&GOLD C COM 35671D857 24904 207376 SH SOLE 173076 0 34300
FREQUENCY ELECTRS INC COM COM 358010106 275 41000 SH SOLE 41000 0 0
FRESENIUS KABI PHARMA-CVR WARRANT AND RIGH 35802M115 1 15000 SH SOLE 15000 0 0
FULLER H B CO COM COM 359694106 9879 481450 SH SOLE 466450 0 15000
FURMANITE CORPORATION COM 361086101 11242 1626886 SH SOLE 1595886 1000 30000
GABELLI CV SECURITIES FUND MUTUAL FUNDS 36240B109 7221 1179893 SH SOLE 967410 212484 0
GABELLI DIV&INC TR COM MUTUAL FUNDS 36242H104 31991 2082741 SH SOLE 2082741 0 0
GABELLI EQUITY TRUST INC MUTUAL FUNDS 362397101 3575 630501 SH SOLE 630501 0 0
GABELLI GLB GLD NAT RES & INCO MUTUAL FUNDS 36244N109 207 10738 SH SOLE 10738 0 0
GABELLI GLBL MULTIMEDIA TR COM MUTUAL FUNDS 36239Q109 3474 423088 SH SOLE 298539 124550 0
GABELLI GLOBAL DEAL FUND MUTUAL FUNDS 36245G103 17159 1283411 SH SOLE 1276237 7174 0
GABELLI GLOBAL UTIL & INCOMECO MUTUAL FUNDS 36242L105 3508 171491 SH SOLE 171491 0 0
GABELLI HLTHCARE & WELLNESS MUTUAL FUNDS 36246K103 611 86016 SH SOLE 86016 0 0
GABELLI UTIL TR COM MUTUAL FUNDS 36240A101 1537 240592 SH SOLE 240592 0 0
GARDNER DENVER INC COM 365558105 2202 32000 SH SOLE 32000 0 0
GATX CORP COM 361448103 130911 3710641 SH SOLE 3460509 2700 247432
GATX CORP $2.50 CV PFD CONVERTIBLE PREF 361448202 254 1300 SH SOLE 1300 0 0
PORTVUE-SEC13F.LNP GAMCO ASSET MGT. INC. PAGE 8
RUN DATE: 01/31/11 8:11 A.M.
FORM 13F INFORMATION TABLE
AS OF DATE: 12/31/10
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
GAYLORD ENTERTAINMENT CO COM 367905106 139567 3883338 SH SOLE 3658808 3300 221230
GENCORP INC COM 368682100 25661 4963470 SH SOLE 4871470 0 92000
GENERAL ELEC CO COM 369604103 28180 1540747 SH SOLE 888847 170000 481900
GENERAL MILLS INC COM 370334104 99288 2789780 SH SOLE 2531880 3000 254900
GENERAL MTRS CO COM COM 37045V100 1777 48200 SH SOLE 48200 0 0
GENESEE & WYOMING INC. COM 371559105 222 4200 SH SOLE 3700 500 0
GENESIS ENERGY L P UNIT L P IN OIL & GAS PARTNE 371927104 2323 88000 SH SOLE 88000 0 0
GENON ENERGY INC COM 37244E107 66 17430 SH SOLE 11430 6000 0
GENUINE PARTS CO COM 372460105 127710 2487531 SH SOLE 2237531 3500 246500
GENZYME CORP COM 372917104 10807 151778 SH SOLE 131178 2600 18000
GEORESOURCES INC COM COM 372476101 235 10600 SH SOLE 10600 0 0
GERBER SCIENTIFIC INSTR COM 373730100 10264 1304180 SH SOLE 1291180 0 13000
GILEAD SCIENCES INC COM COM 375558103 1689 46600 SH SOLE 46600 0 0
GLOBAL SOURCES LTD COM COM G39300101 2018 212000 SH SOLE 212000 0 0
GOLDMAN SACHS GR COM 38141G104 1059 6300 SH SOLE 4300 0 2000
GOOGLE INC-CL A COM 38259P508 9539 16060 SH SOLE 14160 0 1900
GORMAN RUPP CO COM 383082104 11096 343317 SH SOLE 308317 0 35000
GRACO INC COM COM 384109104 8914 225950 SH SOLE 215950 0 10000
GRAFTECH INTERNATIONAL COM 384313102 110307 5559836 SH SOLE 5365836 3000 191000
GRAY TELEVISION, INC COM 389375106 2521 1348158 SH SOLE 1221158 0 127000
GRAY TELEVISION, INC CL A COM 389375205 79 44700 SH SOLE 30000 0 14700
GREAT PLAINS ENERGY INC. (B: G COM 391164100 33676 1736777 SH SOLE 1692550 1371 42856
GREATBATCH INC COM 39153L106 3478 144000 SH SOLE 144000 0 0
GREENBRIER COS INC COM 393657101 2603 124000 SH SOLE 124000 0 0
GREIF INC CL A COM 397624107 63928 1032758 SH SOLE 1002758 1900 28100
GREIF INC CL B COM 397624206 435 7100 SH SOLE 7100 0 0
GRIFFIN LAND & NUR COM 398231100 31323 967356 SH SOLE 910356 0 57000
GRIFFON CORP COM COM 398433102 76261 5985953 SH SOLE 5661831 6000 318122
GRUPO TELEVISA SA DE CV ADR (B COM 40049J206 60003 2314026 SH SOLE 2215126 5000 93900
GSE SYS INC COM COM 36227K106 176 48527 SH SOLE 48527 0 0
GTSI CORP COM COM 36238K103 59 12600 SH SOLE 12600 0 0
GYRODYNE CO AMER INC COM COM 403820103 396 5000 SH SOLE 5000 0 0
H R BLOCK INC COM 093671105 1488 124900 SH SOLE 63900 0 61000
HAIN CELESTIAL GROUP INC COM 405217100 5277 195000 SH SOLE 195000 0 0
HALLIBURTON COMPANY COM 406216101 39960 978685 SH SOLE 931685 0 47000
HANESBRANDS INC COM COM 410345102 2616 103000 SH SOLE 103000 0 0
HARLEY DAVIDSON INC COM 412822108 430 12400 SH SOLE 7400 5000 0
HARMAN INTL INDS INC NEW COM COM 413086109 9816 212000 SH SOLE 202000 0 10000
HAWAIIAN ELEC INDS INC COM COM 419870100 497 21800 SH SOLE 17700 0 4100
HAWKINS INC COM COM 420261109 8168 183967 SH SOLE 177967 0 6000
HEELYS INC COM COM 42279M107 49 16000 SH SOLE 16000 0 0
HEICO CORP NEW COM COM 422806109 1786 35000 SH SOLE 35000 0 0
HEINZ, H J COMPANY COM 423074103 39473 798082 SH SOLE 729682 1300 67100
HERLEY INDS INC COM COM 427398102 49322 2847677 SH SOLE 2748777 4500 94400
PORTVUE-SEC13F.LNP GAMCO ASSET MGT. INC. PAGE 9
RUN DATE: 01/31/11 8:11 A.M.
FORM 13F INFORMATION TABLE
AS OF DATE: 12/31/10
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
HERSHEY COMPANY (THE) COM 427866108 25543 541731 SH SOLE 519831 0 21900
HESS CORP COM 42809H107 9147 119510 SH SOLE 71010 1300 47200
HEWLETT PACKARD CO COM 428236103 1768 41998 SH SOLE 41998 0 0
HICKORY TECH CORP COM COM 429060106 550 57525 SH SOLE 57525 0 0
HOME DEPOT INC COM 437076102 28439 811160 SH SOLE 663160 0 148000
HONEYWELL INT'L INC COM 438516106 143308 2695784 SH SOLE 2554684 3600 137500
HSN INC COM COM 404303109 2405 78480 SH SOLE 77281 0 1199
HUDSON CITY BANCORP INC COM COM 443683107 1357 106545 SH SOLE 89045 17500 0
HUDSON VALLEY HOLDING CORP COM COM 444172100 1325 53518 SH SOLE 53518 0 0
HUNTSMAN CORP COM COM 447011107 14783 947000 SH SOLE 947000 0 0
HYPERCOM CORP COM 44913M105 569 68000 SH SOLE 68000 0 0
IAC INTERACTIVECORP COM PAR $. COM 44919P508 4958 172745 SH SOLE 161745 0 11000
ICU MEDICAL INC COM 44930G107 584 16000 SH SOLE 16000 0 0
IDEX CORP COM 45167R104 65449 1673041 SH SOLE 1631584 0 41457
ILLINOIS TOOL WORKS INC COM 452308109 352 6600 SH SOLE 6600 0 0
IMAX CORP COM COM 45245E109 1171 41700 SH SOLE 41700 0 0
INERGY L P UNIT LTD PTNR UNITS 456615103 357 9100 SH SOLE 5100 4000 0
INGERSOLL-RAND PLC COM G47791101 376 7980 SH SOLE 7980 0 0
INGLES MKTS INC CL A COM 457030104 23673 1232989 SH SOLE 1072989 0 160000
INNERWORKINGS INC COM COM 45773Y105 66 10000 SH SOLE 0 10000 0
INNOVATIVE SOLUTIONS & SUPPOCO COM 45769N105 85 15000 SH SOLE 15000 0 0
INSITUFORM TECHNOLOGIES INC CL COM 457667103 2484 93700 SH SOLE 92300 1400 0
INTEGRYS ENERGY GROUP INC COM 45822P105 287 5925 SH SOLE 5425 500 0
INTEL CORP COM 458140100 10407 494853 SH SOLE 307953 10400 176500
INTERMEC INC COM 458786100 67450 5327820 SH SOLE 4978020 2800 347000
INTERNATIONAL BUSINESS COM 459200101 9294 63325 SH SOLE 57025 0 6300
INTERNATIONAL GAME TECH COM 459902102 19701 1113687 SH SOLE 1078687 0 35000
INTERNATIONAL PAPER CO COM 460146103 1184 43460 SH SOLE 43460 0 0
INTERNATIONAL RECTIFIER CORPCO COM 460254105 950 32000 SH SOLE 8000 0 24000
INTERNATIONAL SPEEDWAY A COM 460335201 994 38000 SH SOLE 38000 0 0
INTERPUBLIC GROUP COS INC COM 460690100 12526 1179500 SH SOLE 1179500 0 0
INTERVAL LEISURE GROUP INC COM COM 46113M108 707 43804 SH SOLE 43104 0 700
INTL FLAVORS & FRAGRANCES COM 459506101 62373 1122020 SH SOLE 1019920 300 101800
INTRICON CORP COM COM 46121H109 184 47000 SH SOLE 47000 0 0
INVESTMENT TECHNOLOGY GRP NECO COM 46145F105 253 15450 SH SOLE 15450 0 0
IRIS INTL INC COM COM 46270W105 8628 843395 SH SOLE 668395 0 175000
ITT INDUSTRIES COM 450911102 93576 1795734 SH SOLE 1705634 1200 88900
J CREW GROUP INC COM COM 46612H402 852 19745 SH SOLE 19745 0 0
J & J SNACK FOODS CORP COM 466032109 2475 51300 SH SOLE 51300 0 0
J.P. MORGAN CHASE & CO COM 46625H100 55781 1314961 SH SOLE 1117141 0 197820
JANUS CAP GROUP INC COM COM 47102X105 63419 4889680 SH SOLE 4323180 1000 565500
JOHNSON CONTROLS COM 478366107 30819 806792 SH SOLE 786992 0 19800
JOHNSON & JOHNSON COM 478160104 21730 351340 SH SOLE 304140 200 47000
JOURNAL COMM INC-A COM 481130102 25484 5046308 SH SOLE 4819308 0 227000
PORTVUE-SEC13F.LNP GAMCO ASSET MGT. INC. PAGE 10
RUN DATE: 01/31/11 8:11 A.M.
FORM 13F INFORMATION TABLE
AS OF DATE: 12/31/10
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
JOY GLOBAL INC COM COM 481165108 1637 18875 SH SOLE 15175 0 3700
JO-ANN STORES INC COM COM 47758P307 1265 21000 SH SOLE 21000 0 0
KAMAN CORP COM 483548103 73888 2541727 SH SOLE 2400727 0 141000
KAR AUCTION SVCS INC COM COM 48238T109 6721 487000 SH SOLE 487000 0 0
KBW INC COM 482423100 977 35000 SH SOLE 35000 0 0
KELLOGG CO COM 487836108 5065 99150 SH SOLE 76450 10200 12500
KEMET CORPORATION COME NEW COM 488360207 1166 80001 SH SOLE 80001 0 0
KENNAMETAL INC COM COM 489170100 2742 69500 SH SOLE 69500 0 0
KENSEY NASH CORP COM COM 490057106 2599 93400 SH SOLE 88400 0 5000
KEY ENERGY SVCS INC COM COM 492914106 1168 90000 SH SOLE 90000 0 0
KEY TECHNOLOGY INC COM COM 493143101 193 11340 SH SOLE 11340 0 0
KID BRANDS, INC. COM COM 49375T100 123 14400 SH SOLE 12900 1500 0
KIMBERLY CLARK CORP COM 494368103 23785 377305 SH SOLE 242805 0 134500
KINETIC CONCEPTS INC COM NEW COM 49460W208 1256 30000 SH SOLE 30000 0 0
KING PHARMACEUTICALS INC COM COM 495582108 31592 2248563 SH SOLE 1622563 50000 576000
KINROSS GOLD CORP COM NO PAR COM 496902404 647 34100 SH SOLE 34100 0 0
KKR & CO. L.P COM 48248M102 5175 364410 SH SOLE 364410 0 0
KOHLS CORP COM 500255104 446 8200 SH SOLE 4200 4000 0
KRAFT FOODS INC CL A COM COM 50075N104 84107 2669208 SH SOLE 2340508 1800 326900
LADISH INC COM NEW COM 505754200 972 20000 SH SOLE 20000 0 0
LAKES ENTERTAINMENT INC COM COM 51206P109 271 95000 SH SOLE 95000 0 0
LANDAUER INC COM 51476K103 4301 71720 SH SOLE 71720 0 0
LAS VEGAS SANDS CORP COM 517834107 75235 1637320 SH SOLE 1588020 300 49000
LAYNE CHRISTENSEN CO COM COM 521050104 16074 467000 SH SOLE 449000 0 18000
LEAR CORP COM NEW COM 521865204 2816 28525 SH SOLE 28525 0 0
LEGG MASON INC COM COM 524901105 111507 3074351 SH SOLE 2823151 2300 248900
LGL GROUP INC COM 50186A108 720 40039 SH SOLE 40039 0 0
LIBERTY GLOBAL INC COM SER A COM 530555101 40214 1136619 SH SOLE 1089807 900 45912
LIBERTY GLOBAL INC COM SER C COM 530555309 26563 783789 SH SOLE 762056 900 20833
LIBERTY MEDIA CORP NEW LIB STA COM 53071M708 23203 349025 SH SOLE 336088 20 12917
LIBERTY MEDIA HLDG CORP INT CO COM 53071M104 26980 1710827 SH SOLE 1605220 2812 102795
LIBERTY MEDIA-CAP SER A COM 53071M302 72775 1163277 SH SOLE 1031191 862 131224
LIFE TECHNOLOGIES CORP COM COM 53217V109 2953 53216 SH SOLE 50216 0 3000
LIFEWAY FOODS INC COM COM 531914109 2708 283605 SH SOLE 283605 0 0
LILLY, ELI AND COMPANY COM 532457108 5492 156748 SH SOLE 146548 0 10200
LIN TV CORP CL A COM 532774106 18709 3530080 SH SOLE 3370680 3500 155900
LINCOLN ELEC HLDGS INC COM COM 533900106 3786 58000 SH SOLE 58000 0 0
LINDSAY CORP COM 535555106 6098 102600 SH SOLE 98600 0 4000
LITTELFUSE INC COM 537008104 5883 125000 SH SOLE 125000 0 0
LIVE NATION INC COM 538034109 2699 236310 SH SOLE 236310 0 0
LOCKHEED MARTIN CORP COM COM 539830109 1012 14480 SH SOLE 14480 0 0
LOEWS CORP COM 540424108 362 9300 SH SOLE 9300 0 0
LOWES COS INC COM COM 548661107 527 21015 SH SOLE 21015 0 0
LSI LOGIC CORP COM COM 502161102 961 160418 SH SOLE 160418 0 0
PORTVUE-SEC13F.LNP GAMCO ASSET MGT. INC. PAGE 11
RUN DATE: 01/31/11 8:11 A.M.
FORM 13F INFORMATION TABLE
AS OF DATE: 12/31/10
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
LUFKIN INDS INC COM COM 549764108 24083 386000 SH SOLE 377000 0 9000
L-1 IDENTITY SOLUTIONS INC COM 50212A106 15513 1302500 SH SOLE 1289500 0 13000
M & T BK CORP COM COM 55261F104 14328 164600 SH SOLE 137600 0 27000
MACQUARIE INFRASTRUCTURE COMPA COM 55608B105 2096 98990 SH SOLE 98990 0 0
MACY'S INC COM 55616P104 23091 912694 SH SOLE 802694 0 110000
MADISON SQUARE GARDEN A COM 55826P100 81228 3150824 SH SOLE 2950194 2950 197680
MAGNETEK INC COM COM 559424106 1800 1333133 SH SOLE 1275133 0 58000
MARATHON OIL CORP COM COM 565849106 504 13603 SH SOLE 13603 0 0
MARCUS CORP COM COM 566330106 3085 232500 SH SOLE 232500 0 0
MARINE PRODS CORP COM COM 568427108 5075 762012 SH SOLE 728412 0 33600
MARKWEST ENERGY PARTNERS L PUN OIL & GAS PARTNE 570759100 429 9900 SH SOLE 4900 5000 0
MARSH & MCLENNAN COS INC COM COM 571748102 924 33800 SH SOLE 33800 0 0
MARSHALL & ILSLEY CORP NEW COM COM 571837103 1079 155900 SH SOLE 155900 0 0
MARTEK BIOSCIENCES CORP COM COM 572901106 1002 32000 SH SOLE 32000 0 0
MARTHA STEWART LIVING OMNI COM 573083102 1520 344000 SH SOLE 344000 0 0
MASTERCARD INC COM COM 57636Q104 7914 35315 SH SOLE 20115 0 15200
MATERIAL SCIENCES CORP COM COM 576674105 195 30500 SH SOLE 30500 0 0
MATRIXX INITIATIVES INC COM COM 57685L105 1491 176200 SH SOLE 176200 0 0
MATTHEWS INTL CORP CL A COM 577128101 864 24700 SH SOLE 24700 0 0
MCAFEE INC COM COM 579064106 122106 2636700 SH SOLE 2313700 2500 320500
MCCORMICK & CO INC COM VTG COM 579780107 423 9200 SH SOLE 0 0 9200
MCGRAW HILL COMPANIES, INC. COM 580645109 5263 144550 SH SOLE 129550 0 15000
MCKESSON HBOC INC. COM 58155Q103 289 4100 SH SOLE 4100 0 0
MEAD JOHNSON COM 582839106 18233 292900 SH SOLE 211900 0 81000
MEDALLION FINANCIAL CORP COM 583928106 1610 196400 SH SOLE 195900 500 0
MEDIA GENERAL CL A COM 584404107 27276 4719066 SH SOLE 4401732 0 317334
MEDIACOM COMMUNICATIONS CORPCL COM 58446K105 5086 600500 SH SOLE 600500 0 0
MENTOR GRAPHICS CORP COM COM 587200106 2712 226000 SH SOLE 226000 0 0
MERCK & COMPANY COM 58933Y105 7361 204250 SH SOLE 204250 0 0
MEREDITH CORP COM 589433101 9254 267083 SH SOLE 252783 0 14300
MET PRO CORP COM COM 590876306 1330 112655 SH SOLE 111055 1600 0
METHODE ELECTRS INC CL A COM 591520200 2756 212500 SH SOLE 212500 0 0
MF GLOBAL HLDGS LTD COM COM 55277J108 376 45000 SH SOLE 45000 0 0
MGE ENERGY INC COM 55277P104 460 10750 SH SOLE 8350 2400 0
MGM RESORTS INTERNATIONAL COM 552953101 5435 366000 SH SOLE 336000 0 30000
MICROSOFT CORP COM 594918104 14346 514013 SH SOLE 216913 163500 133600
MIDAS GROUP INC COM COM 595626102 17650 2176268 SH SOLE 2129768 0 46500
MIDDLESEX WTR CO COM COM 596680108 2123 115708 SH SOLE 99709 666 15333
MILLICOM INTL CELLULAR S A SHS COM L6388F110 70913 741770 SH SOLE 688170 700 52900
MIRANT CORP NEW WT A EX 010311 WARRANT AND RIGH 60467R118 0 12446 SH SOLE 12446 0 0
MODINE MFG CO COM 607828100 41761 2694278 SH SOLE 2557123 0 137155
MOLYCORP INC DEL COM COM 608753109 6931 138900 SH SOLE 138900 0 0
MONRO MUFFLER BRAKE INC COM 610236101 2916 84300 SH SOLE 79050 5250 0
MONSANTO CO NEW COM COM 61166W101 12540 180067 SH SOLE 174367 1600 4100
PORTVUE-SEC13F.LNP GAMCO ASSET MGT. INC. PAGE 12
RUN DATE: 01/31/11 8:11 A.M.
FORM 13F INFORMATION TABLE
AS OF DATE: 12/31/10
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
MONSTER WORLDWIDE INC COM COM 611742107 1300 55000 SH SOLE 55000 0 0
MOOG INC CL A COM 615394202 4920 123610 SH SOLE 121110 0 2500
MOOG INC CL B COM 615394301 1282 32200 SH SOLE 32200 0 0
MORGAN STANLEY COM 617446448 39938 1467770 SH SOLE 1195670 0 272100
MORGANS HOTEL GROUP CO COM COM 61748W108 793 87400 SH SOLE 87400 0 0
MOSAIC CO/THE COM 61945A107 3353 43915 SH SOLE 35215 0 8700
MOSY INC COM 619718109 114 20000 SH SOLE 20000 0 0
MOTOROLA INC COM 620076109 2152 237300 SH SOLE 237300 0 0
MOVADO GROUP INC COM COM 624580106 1685 104400 SH SOLE 96400 0 8000
MUELLER INDS INC COM COM 624756102 360 11000 SH SOLE 6000 0 5000
MUELLER WATER PRODUCTS INC COM 624758108 347 83150 SH SOLE 83150 0 0
MURPHY OIL CORP COM COM 626717102 2701 36235 SH SOLE 27535 0 8700
MVC CAP COM COM 553829102 1106 75750 SH SOLE 75750 0 0
MWI VETERINARY SUPPLY INC COM 55402X105 5279 83600 SH SOLE 73600 0 10000
MYERS INDS INC COM 628464109 32256 3311755 SH SOLE 3130255 0 181500
MYLAN LABS INC COM COM 628530107 424 20085 SH SOLE 20085 0 0
NARA BANCORP INC COM COM 63080P105 6066 615500 SH SOLE 600500 0 15000
NATHANS FAMOUS INC NEW COM COM 632347100 2722 161526 SH SOLE 138526 0 23000
NATIONAL FUEL GAS CO N J COM COM 636180101 204369 3114438 SH SOLE 2809238 11800 293400
NATIONAL PRESTO INDS INC COM 637215104 689 5300 SH SOLE 4800 0 500
NAVISTAR INTL CORP 3% 10/15/20 CONVERTIBLE BOND 63934EAL2 348 260000 PRN SOLE 260000 0 0
NAVISTAR INTL CORP COM COM 63934E108 128770 2223630 SH SOLE 1992330 0 231300
NCR CORP NEW COM COM 62886E108 37301 2426880 SH SOLE 2322180 0 104700
NEOGEN CORP COM COM 640491106 451 11000 SH SOLE 11000 0 0
NEUTRAL TANDEM INC COM COM 64128B108 348 24100 SH SOLE 12100 12000 0
NEW ALLIANCE BANCSHARES INC CO COM 650203102 16962 1132300 SH SOLE 1132300 0 0
NEW GERMANY FD COM (B:GF US) MUTUAL FUNDS 644465106 207 13178 SH SOLE 13178 0 0
NEW YORK CMNTY BANCORP INC COM COM 649445103 752 39886 SH SOLE 39886 0 0
NEWMARKET CORP COM COM 651587107 11029 89400 SH SOLE 88400 0 1000
NEWMONT MINING CORP HOLDING CO COM 651639106 21408 348490 SH SOLE 326790 0 21700
NEWS CORP CL A COM 65248E104 102779 7059016 SH SOLE 6552416 7500 499100
NEXTERA ENERGY INC COM COM 65339F101 19457 374254 SH SOLE 242154 1100 131000
NICOR INC COM COM 654086107 2938 58863 SH SOLE 57763 1100 0
NIHD 3 1/8% 06/12 CONVERTIBLE BOND 62913FAJ1 1103 1120000 PRN SOLE 1120000 0 0
NII HLDGS INC CL B NEW COM 62913F201 21830 488800 SH SOLE 447400 2800 38600
NIKE INC CL B COM 654106103 710 8310 SH SOLE 5810 1000 1500
NISOURCE INC COM 65473P105 264 15000 SH SOLE 7000 1000 7000
NOBILITY HOMES INC COM COM 654892108 1511 186276 SH SOLE 181276 0 5000
NOBLE CORPORATION BAAR NAMEN - COM H5833N103 1188 33220 SH SOLE 32620 600 0
NOBLE ENERGY INC COM COM 655044105 215 2500 SH SOLE 2500 0 0
NORDSON CORP COM COM 655663102 1838 20000 SH SOLE 20000 0 0
NORTHEAST UTILS COM COM 664397106 25793 809077 SH SOLE 690127 12000 106950
NORTHERN TRUST CORP COM 665859104 61934 1117745 SH SOLE 922245 1200 194300
NORTHROP GRUMMAN CORP (B:NOC) COM 666807102 1214 18742 SH SOLE 14742 0 4000
PORTVUE-SEC13F.LNP GAMCO ASSET MGT. INC. PAGE 13
RUN DATE: 01/31/11 8:11 A.M.
FORM 13F INFORMATION TABLE
AS OF DATE: 12/31/10
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
NORTHWESTERN CORP COM NEW COM 668074305 12031 417300 SH SOLE 417300 0 0
NOVARTIS AG - ADR (B:NVS US) COM 66987V109 842 14290 SH SOLE 13990 300 0
NOVELL INC COM 670006105 710 120000 SH SOLE 120000 0 0
NOVO-NORDISK A S ADR COM 670100205 441 3920 SH SOLE 3920 0 0
NRG ENERGY INC COM NEW COM 629377508 311 15900 SH SOLE 15200 700 0
NSTAR COM COM 67019E107 34154 809525 SH SOLE 777825 1600 30100
NU HORIZONS ELECTRS CORP COM COM 669908105 801 114800 SH SOLE 114800 0 0
NUTRI SYS INC NEW COM COM 67069D108 1052 50000 SH SOLE 50000 0 0
NUVASIVE INC COM COM 670704105 231 9000 SH SOLE 9000 0 0
NYSE EURONEXT COM COM 629491101 2956 98585 SH SOLE 74033 23552 1000
OCCIDENTAL PETE CORP COM 674599105 16914 172420 SH SOLE 125120 300 47000
OCEANEERING INTL INC COM COM 675232102 23797 323200 SH SOLE 302800 400 20000
OGE ENERGY CORP COM COM 670837103 205 4500 SH SOLE 4000 500 0
OIL DRI CORP AMER COM COM 677864100 11875 552600 SH SOLE 522600 0 30000
OLIN CORP COM PAR $1. COM 680665205 2257 110000 SH SOLE 110000 0 0
OMNOVA SOLUTIONS INC COM COM 682129101 22450 2685450 SH SOLE 2650450 0 35000
ONEOK INC NEW COM COM 682680103 12185 219668 SH SOLE 211668 0 8000
OPKO HEALTH INC COM COM 68375N103 55 15000 SH SOLE 15000 0 0
ORACLE SYS CORP COM 68389X105 670 21400 SH SOLE 18400 3000 0
ORIENT-EXPRESS HOTELS LTD COM COM G67743107 7099 546500 SH SOLE 546500 0 0
ORMAT TECHNOLOGIES INC COM 686688102 2426 82000 SH SOLE 82000 0 0
ORTHOFIX INTL N V ORD COM N6748L102 3012 103850 SH SOLE 101950 0 1900
OTTER TAIL CORPORATION COM COM 689648103 6153 273000 SH SOLE 255000 0 18000
OWENS & MINOR INC NEW COM COM 690732102 3730 126725 SH SOLE 126725 0 0
PACCAR INC COM 693718108 11506 200663 SH SOLE 126263 0 74400
PAIN THERAPEUTICS INC COM COM 69562K100 3341 495000 SH SOLE 495000 0 0
PALOMAR MED TECHNOLOGIES INCCO COM 697529303 1589 111800 SH SOLE 111800 0 0
PARAMETRIC TECHNOLOGY CORP COM COM 699173209 611 27100 SH SOLE 16800 10300 0
PARK ELECTROCHEMICAL CORP COM COM 700416209 17792 593072 SH SOLE 583072 0 10000
PARK OHIO HLDGS CORP COM COM 700666100 21853 1045102 SH SOLE 1035102 0 10000
PARKER DRILLING CO COM COM 701081101 135 29600 SH SOLE 26000 3600 0
PARKER HANNIFIN CORP COM 701094104 207 2400 SH SOLE 2400 0 0
PATTERSON COMPANIES INC COM 703395103 13128 428607 SH SOLE 416807 2000 9800
PATTERSON-UTI ENERGY INC COM COM 703481101 431 20000 SH SOLE 20000 0 0
PEABODY ENERGY CORP COM COM 704549104 275 4300 SH SOLE 4300 0 0
PEETS COFFEE & TEA INC COM COM 705560100 3381 81000 SH SOLE 81000 0 0
PENFORD CORP COM COM 707051108 122 20000 SH SOLE 20000 0 0
PENN NATIONAL GAMING INC COM COM 707569109 3585 102000 SH SOLE 102000 0 0
PENNICHUCK CORP COM NEW COM 708254206 8759 320151 SH SOLE 309651 500 10000
PENSKE AUTOMOTIVE GRP INC COM COM 70959W103 9203 528300 SH SOLE 498300 0 30000
PENTAIR INC COM COM 709631105 410 11220 SH SOLE 5220 6000 0
PEP BOYS MANNY MOE & JACK COM 713278109 9468 705000 SH SOLE 705000 0 0
PEPSICO INC COM 713448108 26594 407067 SH SOLE 377584 0 29483
PERKINELMER INC COM 714046109 837 32400 SH SOLE 24900 7500 0
PORTVUE-SEC13F.LNP GAMCO ASSET MGT. INC. PAGE 14
RUN DATE: 01/31/11 8:11 A.M.
FORM 13F INFORMATION TABLE
AS OF DATE: 12/31/10
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
PETROBRAS BRASILEIRO ADR SPONS COM 71654V408 952 25150 SH SOLE 25150 0 0
PETROBRAS BRASILEIRO SPON ADR COM 71654V101 932 27266 SH SOLE 27266 0 0
PETROLEUM DEV CORP COM COM 716578109 1118 26450 SH SOLE 16950 9500 0
PETROQUEST ENERGY INC COM COM 716748108 166 22000 SH SOLE 22000 0 0
PFIZER INC COM 717081103 17518 1000483 SH SOLE 918133 11100 71250
PIEDMONT NAT GAS INC COM COM 720186105 305 10900 SH SOLE 9900 0 1000
PIER 1 IMPORTS INC SHS BEN INT COM 720279108 389 37000 SH SOLE 37000 0 0
PINNACLE ENTMT INC COM COM 723456109 11548 823700 SH SOLE 783700 0 40000
PIONEER NAT RES CO COM COM 723787107 1589 18300 SH SOLE 15700 2600 0
PLANTRONICS COM 727493108 1675 45000 SH SOLE 45000 0 0
PNC FINANCIAL CORP COM 693475105 5896 97100 SH SOLE 83300 0 13800
PNM RES INC COM 69349H107 48217 3703300 SH SOLE 3319300 1000 383000
POLO RALPH LAUREN CORP COM 731572103 737 6640 SH SOLE 5240 0 1400
PORTUGAL TELECOM ADR (B:PT US) COM 737273102 1455 127000 SH SOLE 127000 0 0
POTASH CORP SASK INC COM 73755L107 619 4000 SH SOLE 4000 0 0
PRECISION CASTPARTS CORP COM 740189105 155939 1120173 SH SOLE 1068173 0 52000
PRIMEDIA INC COM NEW COM 74157K846 625 148778 SH SOLE 148778 0 0
PROCTER & GAMBLE COMPANY COM 742718109 23911 371693 SH SOLE 251631 15000 105062
PROSHARES TR ULTRASHT SP500 COM 74347R883 499 21000 SH SOLE 21000 0 0
PROSHARES TR ULTRSHRT 20YRS COM 74347R297 637 17200 SH SOLE 17200 0 0
PROSHARES TR ULTRSHRT 7-10Y COM 74347R313 699 16500 SH SOLE 16500 0 0
PROVIDENCE & WORCESTER RR COCO COM 743737108 2399 143200 SH SOLE 143200 0 0
PSS WORLD MED INC COM COM 69366A100 1311 58000 SH SOLE 58000 0 0
PZENA INVESTMENT MGMT INC CLAS COM 74731Q103 103 14000 SH SOLE 14000 0 0
QEP RES INC COM COM 74733V100 2614 72000 SH SOLE 72000 0 0
QUAKER CHEM CORP COM COM 747316107 208 5000 SH SOLE 5000 0 0
QUALCOMM INC COM COM 747525103 3673 74225 SH SOLE 66125 0 8100
QUEST SOFTWARE INC COM COM 74834T103 258 9300 SH SOLE 7800 1500 0
QUESTAR CORP COM COM 748356102 1254 72000 SH SOLE 72000 0 0
QUIDEL CORP COM COM 74838J101 8033 555900 SH SOLE 555900 0 0
QWEST COMMUNICATIONS INTL. COM 749121109 517 68000 SH SOLE 68000 0 0
RAILAMERICA INC COM COM 750753402 492 38000 SH SOLE 38000 0 0
RALCORP HOLDINGS INC COM 751028101 5370 82600 SH SOLE 75100 0 7500
READING INTL INC CL A COM 755408101 61 12000 SH SOLE 12000 0 0
REGIS CORP MINN COM COM 758932107 936 56370 SH SOLE 55470 900 0
REPUBLIC SVCS INC CL A COM 760759100 43507 1457024 SH SOLE 1445024 0 12000
REVLON INC CL A COM 761525609 216 22000 SH SOLE 22000 0 0
RIO TINTO LTD ADR SPONSORED (B COM 767204100 1361 18990 SH SOLE 18990 0 0
ROBBINS & MYERS INC COM 770196103 10448 292000 SH SOLE 292000 0 0
ROCHESTER MED CORP COM COM 771497104 6856 627804 SH SOLE 501404 1400 125000
ROCK OF AGES CORP DEL COM COM 772632105 308 58900 SH SOLE 58900 0 0
ROCKWELL AUTOMATION INC (B:ROK COM 773903109 50742 707599 SH SOLE 629499 0 78100
ROCKWELL COLLINS INC COM COM 774341101 770 13220 SH SOLE 10720 0 2500
ROCKWOOD HLDGS INC COM COM 774415103 4303 110000 SH SOLE 100000 0 10000
PORTVUE-SEC13F.LNP GAMCO ASSET MGT. INC. PAGE 15
RUN DATE: 01/31/11 8:11 A.M.
FORM 13F INFORMATION TABLE
AS OF DATE: 12/31/10
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
ROGERS COMMUNICATIONS CL B COM 775109200 25141 725977 SH SOLE 713377 0 12600
ROLLINS INC COM 775711104 77354 3916647 SH SOLE 3744147 0 172500
ROPER 1.481% 01/15/34 CONVERTIBLE BOND 776696AA4 250 260000 PRN SOLE 260000 0 0
ROPER INDS INC NEW COM 776696106 5109 66850 SH SOLE 58050 0 8800
ROWAN COS INC COM 779382100 29977 858700 SH SOLE 846300 0 12400
ROYAL DUTCH SHELL PLC ADR-A(RD COM 780259206 1331 19926 SH SOLE 18426 0 1500
RPC INC. COMMON COM 749660106 131279 7244956 SH SOLE 6767981 675 476300
RTI BIOLOGICS INC COM COM 74975N105 225 84400 SH SOLE 84400 0 0
RUSH ENTERPRISES INC CL B COM 781846308 9849 545021 SH SOLE 545021 0 0
SAFEGUARD SCIENTIFICS INC COM COM 786449207 215 12580 SH SOLE 11380 1200 0
SAFEWAY INC COM NEW COM 786514208 3490 155200 SH SOLE 155200 0 0
SALEM COMMUNICATIONS CORP DECL COM 794093104 3659 1154237 SH SOLE 1090237 0 64000
SALLY BEAUTY HLDGS INC COM COM 79546E104 21896 1506920 SH SOLE 1471920 0 35000
SANDISK CORP COM COM 80004C101 299 6000 SH SOLE 6000 0 0
SARA LEE CORP COM COM 803111103 52312 2987548 SH SOLE 2549048 7500 431000
SCANA CORP NEW COM COM 80589M102 625 15400 SH SOLE 14900 500 0
SCHEIN HENRY INC COM COM 806407102 17711 288501 SH SOLE 264701 800 23000
SCHIFF NUTRITION INTL INC COM COM 806693107 18763 2066455 SH SOLE 2046755 1000 18700
SCHLUMBERGER COM 806857108 2424 29029 SH SOLE 27629 1400 0
SCHULMAN A INC COM COM 808194104 754 32950 SH SOLE 32950 0 0
SCHWAB CHARLES CORP NEW COM 808513105 3050 178255 SH SOLE 122455 0 55800
SCHWEITZER-MAUDUIT INTL INC CO COM 808541106 2391 38000 SH SOLE 38000 0 0
SCRIPPS E W CO OHIO CL A COM 811054402 6892 678967 SH SOLE 655967 0 23000
SCRIPPS NETWORKS INTERAC COM 811065101 74360 1436907 SH SOLE 1350707 3300 82900
SEARCHMEDIA HLDGS LTD WTS WARRANT AND RIGH G8005Y114 31 125000 SH SOLE 125000 0 0
SEARCHMEDIA HOLDINGS LTD COM G8005Y106 442 142000 SH SOLE 142000 0 0
SECTOR SPDR TR SHS BEN INT-FIN MUTUAL FUNDS 81369Y605 670 42000 SH SOLE 42000 0 0
SENSIENT TECHNOLOGIES CORP COM 81725T100 65843 1792609 SH SOLE 1706609 500 85500
SIEMENS AG SPONSORED ADR COM 826197501 1708 13745 SH SOLE 13745 0 0
SINCLAIR BROADCAST GROUP INCCL COM 829226109 5424 663067 SH SOLE 663067 0 0
SIRIUS XM RADIO INC COM COM 82967N108 1110 680800 SH SOLE 680800 0 0
SJW CORP COM COM 784305104 10451 394841 SH SOLE 348241 3000 43600
SKYLINE CORP COM 830830105 16464 631300 SH SOLE 583100 0 48200
SL INDS INC COM COM 784413106 12413 709723 SH SOLE 681223 0 28500
SLM CORP COM COM 78442P106 9830 780800 SH SOLE 766800 0 14000
SMART BALANCE INC COM COM 83169Y108 1061 245000 SH SOLE 245000 0 0
SMITH A O CORP COM COM 831865209 1013 26600 SH SOLE 26600 0 0
SMUCKER J M CO COM NEW COM 832696405 878 13380 SH SOLE 13380 0 0
SNYDERS LANCE INC COM COM 833551104 792 33800 SH SOLE 33800 0 0
SONESTA INTL HOTELS CORP CL A COM 835438409 11865 539463 SH SOLE 529463 0 10000
SONOCO PRODS CO COM COM 835495102 4882 145000 SH SOLE 145000 0 0
SORL AUTO PTS INC COM COM 78461U101 521 61096 SH SOLE 61096 0 0
SOUTH JERSEY INDS INC COM COM 838518108 317 6000 SH SOLE 6000 0 0
SOUTHERN UN CO NEW COM COM 844030106 3493 145100 SH SOLE 145100 0 0
PORTVUE-SEC13F.LNP GAMCO ASSET MGT. INC. PAGE 16
RUN DATE: 01/31/11 8:11 A.M.
FORM 13F INFORMATION TABLE
AS OF DATE: 12/31/10
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
SOUTHWEST GAS CORP COM 844895102 60630 1653406 SH SOLE 1452606 1000 199800
SOUTHWESTERN ENERGY CO COM COM 845467109 2377 63500 SH SOLE 51100 0 12400
SPARTAN MTRS INC COM COM 846819100 1766 290000 SH SOLE 290000 0 0
SPDR GOLD TRUST GOLD SHS COM 78463V107 943 6800 SH SOLE 6800 0 0
SPECTRA ENERGY CORP COM COM 847560109 6580 263309 SH SOLE 258579 3480 1250
SPEEDWAY MOTORSPORTS INC COM COM 847788106 306 20000 SH SOLE 20000 0 0
SPRINT NEXTEL CORP COM 852061100 54731 12938839 SH SOLE 11985194 6535 947110
ST JUDE MEDICAL CENTER INC COM 790849103 2867 67070 SH SOLE 23570 0 43500
ST. JOE COMPANY COM 790148100 544 24900 SH SOLE 15900 0 9000
STAMPS.COM INC (NEW) COM 852857200 1113 84000 SH SOLE 84000 0 0
STANDARD MTR PRODS INC CLASS A COM 853666105 23677 1728250 SH SOLE 1707250 0 21000
STANDEX INTL CORP COM 854231107 4143 138500 SH SOLE 138500 0 0
STAPLES INC COM 855030102 228 10000 SH SOLE 0 10000 0
STARBUCKS CORP COM COM 855244109 916 28500 SH SOLE 0 28500 0
STARRETT L S CO CL A COM 855668109 1795 153700 SH SOLE 153700 0 0
STARWOOD HOTELS & RESORTS WRLD COM 85590A401 2857 47000 SH SOLE 47000 0 0
STATE STREET CORP COM 857477103 43034 928660 SH SOLE 894460 500 33700
STATOIL ASA SPONSORED ADR COM 85771P102 487 20500 SH SOLE 20500 0 0
STERLING BANCORP COM COM 859158107 8077 771395 SH SOLE 744720 800 25875
STEWART ENTERPRISES INC CL A COM 860370105 1840 275000 SH SOLE 275000 0 0
STONERIDGE INC COM 86183P102 5803 367500 SH SOLE 347500 0 20000
STRATTEC SECURITY CORP. COM 863111100 7416 222249 SH SOLE 207249 0 15000
STRYKER CORP COM 863667101 763 14205 SH SOLE 11405 0 2800
STUDENT LN CORP COM COM 863902102 7315 225500 SH SOLE 225500 0 0
SUBURBAN PROPANE PARTNERS LPUT OIL & GAS PARTNE 864482104 353 6300 SH SOLE 3300 3000 0
SUPERIOR INDS INTL INC COM 868168105 12486 588400 SH SOLE 458400 0 130000
SURMODICS INC COM COM 868873100 670 56450 SH SOLE 55050 1400 0
SWS GROUP INC COM 78503N107 4213 834250 SH SOLE 806250 0 28000
SYCAMORE NETWORKS INC COM NEW COM 871206405 2572 124900 SH SOLE 105900 0 19000
SYNAPTICS INC COM COM 87157D109 259 8800 SH SOLE 7800 1000 0
SYNERON MEDICAL LTD ORD SHS COM M87245102 306 30000 SH SOLE 30000 0 0
SYNGENTA AG ADR SPONSORED COM 87160A100 732 12450 SH SOLE 12450 0 0
SYNIVERSE HLDGS INC COM COM 87163F106 1404 45500 SH SOLE 37500 8000 0
SYSCO CORPORATION COM 871829107 2648 90079 SH SOLE 90079 0 0
T ROWE PRICE GROUP INC COM 74144T108 8814 136569 SH SOLE 128569 0 8000
TAKE-TWO INTERACTIVE SOFTWARCO COM 874054109 17121 1395895 SH SOLE 1355895 0 40000
TALBOTS INC WARRANTS WARRANT AND RIGH 874161110 426 325000 SH SOLE 325000 0 0
TALECRIS BIOTHERAPEUTICS COM 874227101 909 39000 SH SOLE 39000 0 0
TALISMAN ENERGY INC COM COM 87425E103 894 40300 SH SOLE 40300 0 0
TARGET CORP COM COM 87612E106 571 9500 SH SOLE 8000 1500 0
TECH OPS SEVCON INC COM 878293109 3650 508400 SH SOLE 508400 0 0
TECO ENERGY INC COM COM 872375100 2267 127356 SH SOLE 111856 500 15000
TELECOMMUNICATION SYS INC CL A COM 87929J103 85 18300 SH SOLE 15300 3000 0
TELEFONICA DE ESPANA SA ADR (B COM 879382208 1095 48000 SH SOLE 48000 0 0
PORTVUE-SEC13F.LNP GAMCO ASSET MGT. INC. PAGE 17
RUN DATE: 01/31/11 8:11 A.M.
FORM 13F INFORMATION TABLE
AS OF DATE: 12/31/10
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
TELEPHONE & DATA SYS INC SPL C COM 879433860 55985 1776158 SH SOLE 1688758 5300 82100
TELEPHONE & DATA SYSTEM INC. COM 879433100 118668 3246743 SH SOLE 2966243 3700 276800
TENARIS S A SPONSORED ADR COM 88031M109 1176 24000 SH SOLE 24000 0 0
TENNANT CO COM 880345103 18936 492990 SH SOLE 468990 0 24000
TENNECO AUTOMOTIVE INC COM COM 880349105 41039 997060 SH SOLE 987060 0 10000
TEREX CORP NEW COM COM 880779103 4284 138000 SH SOLE 138000 0 0
TERRITORIAL BANCORP INC COM COM 88145X108 273 13700 SH SOLE 12200 1500 0
TEXAS INDS INC COM COM 882491103 10597 231470 SH SOLE 125070 400 106000
TEXAS INSTRUMENTS INC COM 882508104 28979 891665 SH SOLE 658165 3500 230000
TEXTRON INC COM 883203101 24061 1017800 SH SOLE 1006300 0 11500
THE SCOTTS MIRACLE GRO CO COM 810186106 4874 96000 SH SOLE 86000 0 10000
THERMO FISHER SCIENTIFIC INC COM 883556102 10297 186000 SH SOLE 76000 0 110000
THOMAS & BETTS CORP COM 884315102 130591 2703743 SH SOLE 2577243 2700 123800
THOMSON CORP COM COM 884903105 671 18000 SH SOLE 14300 3700 0
TIER TECHNOLOGIES INC CL B COM 88650Q100 204 34140 SH SOLE 30640 3500 0
TIFFANY & CO NEW COM COM 886547108 1431 22980 SH SOLE 20580 0 2400
TIME WARNER CABLE INC COM COM 88732J207 15338 232288 SH SOLE 169868 0 62420
TIME WARNER INC COM COM 887317303 115514 3590725 SH SOLE 3387079 14532 189114
TIVO INC COM 888706108 6887 798080 SH SOLE 798080 0 0
TOOTSIE ROLL INDS INC COM 890516107 36558 1261918 SH SOLE 1185315 0 76603
TRACTOR SUPPLY CO COM COM 892356106 17699 365000 SH SOLE 365000 0 0
TRANS LUX CORP COM 893247106 18 114500 SH SOLE 114500 0 0
TRANSACT TECHNOLOGIES INC COM COM 892918103 1071 113700 SH SOLE 113700 0 0
TRANSOCEAN LTD ZUG NAMEN AKT COM H8817H100 8095 116463 SH SOLE 116463 0 0
TRAVELERS COMPANIES INC COM 89417E109 673 12087 SH SOLE 12087 0 0
TREDEGAR INDS INC COM 894650100 48936 2525077 SH SOLE 2394077 1900 129100
TRIDENT MICROSYSTEMS INC COM COM 895919108 1032 580000 SH SOLE 580000 0 0
TUPPERWARE CORP COM COM 899896104 2322 48700 SH SOLE 48700 0 0
TWIN DISC INC COM COM 901476101 1302 43596 SH SOLE 43596 0 0
TYCO ELECTRONICS LTD COM H8912P106 8677 245104 SH SOLE 237104 0 8000
TYCO INTERNATIONAL LTD SHS COM H89128104 41378 998503 SH SOLE 926234 0 72269
TYLER TECHNOLOGIES INC COM COM 902252105 7079 340970 SH SOLE 313970 0 27000
U S BANCORP COM 902973304 841 31165 SH SOLE 31165 0 0
ULTRA PETROLEUM CORP COM COM 903914109 2461 51509 SH SOLE 39609 400 11500
UNION DRILLING INC COM COM 90653P105 837 115000 SH SOLE 115000 0 0
UNISOURCE ENERGY CORP COM COM 909205106 6921 193100 SH SOLE 180900 0 12200
UNITED GUARDIAN INC COM COM 910571108 2597 185500 SH SOLE 185500 0 0
UNITED NAT FOODS INC COM COM 911163103 3301 90000 SH SOLE 90000 0 0
UNITED RENTALS INC COM COM 911363109 1820 80000 SH SOLE 80000 0 0
UNITED STATES CELLULAR CORP COM 911684108 155490 3113528 SH SOLE 2898828 2600 212100
UNITED TECHNOLOGIES CORP COM 913017109 5048 64129 SH SOLE 56729 0 7400
UNITEDHEALTH GROUP INC COM COM 91324P102 15206 421100 SH SOLE 394100 0 27000
UNIVERSAL DISPLAY CORP COM COM 91347P105 766 25000 SH SOLE 25000 0 0
UNIVERSAL TECHNICAL INST INCCO COM 913915104 6619 300568 SH SOLE 300568 0 0
PORTVUE-SEC13F.LNP GAMCO ASSET MGT. INC. PAGE 18
RUN DATE: 01/31/11 8:11 A.M.
FORM 13F INFORMATION TABLE
AS OF DATE: 12/31/10
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
VALLEY NATL BANCORP COM COM 919794107 526 36750 SH SOLE 36750 0 0
VALMONT INDS INC COM 920253101 896 10100 SH SOLE 10100 0 0
VALUECLICK INC COM COM 92046N102 4674 291600 SH SOLE 291600 0 0
VANGUARD SCOTTSDALE FDS SHRT-T ETF - EQUITY 92206C409 254 3280 SH SOLE 3280 0 0
VARIAN MED SYS INC COM COM 92220P105 806 11640 SH SOLE 8340 0 3300
VASCULAR SOLUTIONS INC COM COM 92231M109 4743 404696 SH SOLE 370696 0 34000
VERIGY LTD SHS COM Y93691106 130 10000 SH SOLE 10000 0 0
VERISIGN INC COM COM 92343E102 264 8091 SH SOLE 8091 0 0
VERIZON COMMUNICATIONS COM 92343V104 22385 625637 SH SOLE 409186 500 215951
VIACOM INC NEW CL A COM 92553P102 174925 3814337 SH SOLE 3542838 850 270649
VIACOM INC NEW CL B COM 92553P201 15247 384929 SH SOLE 296729 1000 87200
VILLAGE SUPER MKT INC CL A NEW COM 927107409 4402 133387 SH SOLE 118387 0 15000
VIMPELCOM LTD-SPON ADR-W/I COM 92719A106 6400 425500 SH SOLE 425500 0 0
VISA INC-CLASS A SHRS COM 92826C839 3601 51160 SH SOLE 28760 0 22400
VODAFONE GROUP PLC-ADR COM 92857W209 2322 87808 SH SOLE 87808 0 0
W D 40 COMPANY COM 929236107 1893 47000 SH SOLE 47000 0 0
WADDELL & REED FINL INC CL A COM 930059100 24227 686500 SH SOLE 679900 6600 0
WAL MART STORES INC COM 931142103 10504 194775 SH SOLE 149775 0 45000
WALGREEN COMPANY COM 931422109 16537 424465 SH SOLE 372465 0 52000
WALTER INDS INC COM COM 93317Q105 243 1900 SH SOLE 1900 0 0
WASTE CONNECTIONS INC COM COM 941053100 619 22500 SH SOLE 22500 0 0
WASTE MGMT INC DEL COM COM 94106L109 47279 1282307 SH SOLE 1213707 1100 67500
WATSON PHARMACEUTICALS INC COM COM 942683103 2066 40000 SH SOLE 40000 0 0
WATTS WATER TECHNOLOGIES COM 942749102 86145 2354344 SH SOLE 2252044 300 102000
WCA WASTE CORP COM COM 92926K103 483 100000 SH SOLE 100000 0 0
WEATHERFORD INTERNATIONAL LTD COM H27013103 42939 1883290 SH SOLE 1717290 0 166000
WEIS MKTS INC COM 948849104 3234 80200 SH SOLE 75200 0 5000
WELLS FARGO & CO NEW COM 949746101 42581 1374008 SH SOLE 1219608 0 154400
WENDYS/ARBYS GROUP INC COM 950587105 549 118910 SH SOLE 118910 0 0
WESCO FINL CORP COM COM 950817106 864 2346 SH SOLE 2346 0 0
WESTAR ENERGY INC COM 95709T100 48742 1937274 SH SOLE 1873374 1300 62600
WESTWOOD HLDGS GROUP INC COM COM 961765104 37514 938800 SH SOLE 938300 500 0
WHX CORP COM 929248607 6761 519253 SH SOLE 519253 0 0
WILMINGTON TR CORP COM COM 971807102 1953 449900 SH SOLE 426900 10000 13000
WIMM BILL DANN FOODS OJSC SPON COM 97263M109 3297 100000 SH SOLE 100000 0 0
WINN DIXIE STORES INC COM NEW COM 974280307 4491 625520 SH SOLE 585520 0 40000
WINNEBAGO INDS INC COM COM 974637100 638 42000 SH SOLE 42000 0 0
WOLVERINE WORLD WIDE INC COM COM 978097103 4266 133799 SH SOLE 131799 0 2000
WOODWARD GOVERNOR CO COM COM 980745103 10689 284580 SH SOLE 279580 0 5000
WORLD WRESTLING ENTERTAINMENT COM 98156Q108 559 39260 SH SOLE 39260 0 0
WRIGHT MED GROUP INC COM COM 98235T107 590 38000 SH SOLE 38000 0 0
WUXI PHARMATECH CAYMAN INC SPO COM 929352102 10034 621700 SH SOLE 597700 0 24000
WYNDHAM WORLDWIDE CORP COM COM 98310W108 279 9320 SH SOLE 9320 0 0
WYNN RESORTS LTD COM COM 983134107 11428 110050 SH SOLE 110050 0 0
PORTVUE-SEC13F.LNP GAMCO ASSET MGT. INC. PAGE 19
RUN DATE: 01/31/11 8:11 A.M.
FORM 13F INFORMATION TABLE
AS OF DATE: 12/31/10
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
YAHOO INC. COM 984332106 8341 501565 SH SOLE 486565 0 15000
YORK WTR CO COM COM 987184108 911 52700 SH SOLE 52700 0 0
YOUNG INNOVATIONS INC COM COM 987520103 7115 222260 SH SOLE 215460 0 6800
YUM BRANDS INC COM COM 988498101 765 15600 SH SOLE 15600 0 0
ZEBRA TECHNOLOGIES CORP CL A COM 989207105 15451 406700 SH SOLE 354700 1000 51000
ZEP INC COM 98944B108 52706 2651193 SH SOLE 2550793 1700 98700
ZIMMER HLDGS INC COM COM 98956P102 22923 427025 SH SOLE 383975 0 43050
ZOLL MED CORP COM COM 989922109 298 8000 SH SOLE 7100 900 0
ZORAN CORP COM COM 98975F101 1329 151000 SH SOLE 151000 0 0
ZYGO CORP COM COM 989855101 4447 363000 SH SOLE 363000 0 0
PORTVUE-SEC13F.LNP GABELLI FUNDS, LLC PAGE 20
RUN DATE: 01/31/11 11:14 A.M.
FORM 13F INFORMATION TABLE
AS OF DATE: 12/31/10
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
1 800 FLOWERS COM INC CL A COM 68243Q106 659 245000 SH SOLE 245000 0 0
3M CO. COM 88579Y101 432 5000 SH SOLE 5000 0 0
99 CENTS ONLY STORES COM 65440K106 1530 96010 SH SOLE 96010 0 0
A T & T INC (NEW) COM 00206R102 52796 1797000 SH SOLE 1797000 0 0
A123 SYSTEMS INC COM 03739T108 234 24500 SH SOLE 24500 0 0
AAR CORP COM COM 000361105 687 25000 SH SOLE 25000 0 0
AARON'S INC COM 002535300 8180 401200 SH SOLE 401200 0 0
ABB LTD SPONSORED ADR COM 000375204 14256 635000 SH SOLE 635000 0 0
ABBOTT LABS COM 002824100 11978 250000 SH SOLE 250000 0 0
ABOVENET INC COM COM 00374N107 6472 110700 SH SOLE 110700 0 0
ACCO BRANDS CORP COM COM 00081T108 703 82500 SH SOLE 82500 0 0
ACORDA THERAPEUTICS INC COM COM 00484M106 273 10000 SH SOLE 10000 0 0
ACTIVE PWR INC COM COM 00504W100 221 90000 SH SOLE 90000 0 0
ACTIVISION BLIZZARD,INC COM 00507V109 2836 228000 SH SOLE 228000 0 0
ACUITY BRANDS INC (B:AYI) COM COM 00508Y102 2710 47000 SH SOLE 47000 0 0
ADAMS GOLF INC COM NEW COM 006228209 69 14750 SH SOLE 14750 0 0
ADOBE SYSTEMS INC COM COM 00724F101 3324 108000 SH SOLE 108000 0 0
AES CORP COM COM 00130H105 14555 1195000 SH SOLE 1195000 0 0
AES TR III TR P CV SC 6.75 CONVERTIBLE PREF 00808N202 294 6000 SH SOLE 6000 0 0
AETNA INC (B:AET) COM COM 00817Y108 1373 45000 SH SOLE 45000 0 0
AFLAC INC COM COM 001055102 12020 213000 SH SOLE 213000 0 0
AGL RES INC COM COM 001204106 1524 42500 SH SOLE 42500 0 0
AGNICO-EAGLE MINES (USD) COM 008474108 103356 1347531 SH SOLE 1347531 0 0
AGRIUM INC COM COM 008916108 459 5000 SH SOLE 5000 0 0
AIR PRODS & CHEMS INC COM COM 009158106 6003 66000 SH SOLE 66000 0 0
AIR TRANSPORT SERVICES GRP ICO COM 00922R105 87 11000 SH SOLE 11000 0 0
AIRGAS INC COM COM 009363102 8276 132500 SH SOLE 132500 0 0
AIRTRAN HLDGS INC COM COM 00949P108 111 15000 SH SOLE 15000 0 0
AKAMAI TECHNOLOGIES INC COM COM 00971T101 1059 22500 SH SOLE 22500 0 0
ALBANY INTL CORP NEW CL A COM 012348108 1161 49000 SH SOLE 49000 0 0
ALBEMARLE CORP COM COM 012653101 7084 127000 SH SOLE 127000 0 0
ALBERTO CULVER CO NEW COM COM 013078100 86332 2330770 SH SOLE 2330770 0 0
ALCOA 5.250% 03/15/14 CONVERTIBLE BOND 013817AT8 493 200000 PRN SOLE 200000 0 0
ALCOA INC COM COM 013817101 19468 1265000 SH SOLE 1265000 0 0
ALCON INC COM SHS COM H01301102 23938 146500 SH SOLE 146500 0 0
ALERE INC COM 01449J105 2342 64000 SH SOLE 64000 0 0
ALIGN TECHNOLOGY INC COM COM 016255101 977 50000 SH SOLE 50000 0 0
ALLEGHANY CORP DEL COM 017175100 9975 32558 SH SOLE 32558 0 0
ALLEGHENY ENERGY INC COM COM 017361106 33330 1375000 SH SOLE 1375000 0 0
ALLERGAN INC COM 018490102 13151 191514 SH SOLE 191514 0 0
ALLETE INC COM NEW COM 018522300 13786 370000 SH SOLE 370000 0 0
ALLIANCE BERNSTEIN HLDGS LP UN COM 01881G106 11215 480700 SH SOLE 480700 0 0
ALLIANCE HOLDINGS GP LP COM UN COM 01861G100 1637 34000 SH SOLE 34000 0 0
PORTVUE-SEC13F.LNP GABELLI FUNDS, LLC PAGE 21
RUN DATE: 01/31/11 11:14 A.M.
FORM 13F INFORMATION TABLE
AS OF DATE: 12/31/10
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
ALLIANT ENERGY CORP COM COM 018802108 5699 155000 SH SOLE 155000 0 0
ALLIED DEFENSE GROUP INC COM COM 019118108 261 78000 SH SOLE 78000 0 0
ALLIED NEVADA GOLD CORP COM COM 019344100 2105 80000 SH SOLE 80000 0 0
ALLIS CHALMERS ENERGY INC COM COM 019645506 284 40000 SH SOLE 40000 0 0
ALTRIA GROUP INC COM COM 02209S103 2339 95000 SH SOLE 95000 0 0
AMAZON.COM INC COM 023135106 1098 6100 SH SOLE 6100 0 0
AMEDISYS INC COM COM 023436108 335 10000 SH SOLE 10000 0 0
AMEREN CORP COM COM 023608102 10910 387000 SH SOLE 387000 0 0
AMERICA MOVIL S A DE C V SPONS COM 02364W105 20505 357600 SH SOLE 357600 0 0
AMERICAN ELECTRIC POWER COM 025537101 26805 745000 SH SOLE 745000 0 0
AMERICAN EXPRESS CO COM 025816109 101506 2365000 SH SOLE 2365000 0 0
AMERICAN MED SYS HLDGS INC COM COM 02744M108 566 30000 SH SOLE 30000 0 0
AMERICAN STS WTR CO COM COM 029899101 965 28000 SH SOLE 28000 0 0
AMERICAN TOWER SYSTEMS CL A COM 029912201 594 11500 SH SOLE 11500 0 0
AMERICAN WATER WORKS CO INC COM 030420103 14668 580000 SH SOLE 580000 0 0
AMERIPRISE FINL INC COM COM 03076C106 806 14000 SH SOLE 14000 0 0
AMERISOURCEBERGEN CORP COM COM 03073E105 1092 32000 SH SOLE 32000 0 0
AMETEK INC NEW COM COM 031100100 68177 1737000 SH SOLE 1737000 0 0
AMGEN INC COM 031162100 4502 82000 SH SOLE 82000 0 0
AMPCO PITTSBURGH CORP COM 032037103 11725 418000 SH SOLE 418000 0 0
AMPHENOL CORP NEW CL A COM 032095101 707 13400 SH SOLE 13400 0 0
AMR CORP COM 001765106 6762 868000 SH SOLE 868000 0 0
ANADARKO PETE CORP COM COM 032511107 36625 480900 SH SOLE 480900 0 0
ANGIODYNAMICS INC COM COM 03475V101 3151 205000 SH SOLE 205000 0 0
ANGLOGOLD LTD SPONSORED ADR COM 035128206 57968 1177500 SH SOLE 1177500 0 0
ANIMAL HEALTH INTERNATIONAL COM 03525N109 934 324700 SH SOLE 324700 0 0
ANIXTER INTL INC COM COM 035290105 657 11000 SH SOLE 11000 0 0
AOL INC COM COM 00184X105 5490 231567 SH SOLE 231567 0 0
APACHE CORP COM 037411105 36604 307000 SH SOLE 307000 0 0
APPLE INC COM 037833100 30901 95800 SH SOLE 95800 0 0
APPLIED SIGNAL TECHNOLOGY COM COM 038237103 29062 767000 SH SOLE 767000 0 0
AQUA AMERICA INC COM 03836W103 6935 308499 SH SOLE 308499 0 0
ARBITRON INC COM COM 03875Q108 3946 95033 SH SOLE 95033 0 0
ARCH CHEMICALS INC COM COM 03937R102 1328 35000 SH SOLE 35000 0 0
ARCHER DANIELS MIDLAND COM 039483102 30561 1016000 SH SOLE 1016000 0 0
ARGO GROUP INTL HLDGS LTD COM COM G0464B107 4334 115729 SH SOLE 115729 0 0
ART TECHNOLOGY GROUP INC COM COM 04289L107 25117 4200200 SH SOLE 4200200 0 0
ARTESIAN RES CORP COM CL A COM 043113208 469 24750 SH SOLE 24750 0 0
ARTHROCARE CORP COM COM 043136100 7144 230000 SH SOLE 230000 0 0
ARTIO GLOBAL INVESTORS INC COM 04315B107 9868 669000 SH SOLE 669000 0 0
ASCENT MEDIA CORP COM SER A COM 043632108 2339 60358 SH SOLE 60358 0 0
ASHLAND INC NEW COM COM 044209104 14699 289000 SH SOLE 289000 0 0
ASTEC INDS INC COM COM 046224101 1134 35000 SH SOLE 35000 0 0
ASTRONICS CORP COM COM 046433108 210 10000 SH SOLE 10000 0 0
PORTVUE-SEC13F.LNP GABELLI FUNDS, LLC PAGE 22
RUN DATE: 01/31/11 11:14 A.M.
FORM 13F INFORMATION TABLE
AS OF DATE: 12/31/10
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
ATLANTIC TELE NETWORK INC COM COM 049079205 2970 77400 SH SOLE 77400 0 0
ATLAS AMERICA INC COM COM 049298102 39270 893100 SH SOLE 893100 0 0
ATMOS ENERGY CORP COM COM 049560105 5460 175000 SH SOLE 175000 0 0
AUTOMATIC DATA PROCESSING COM 053015103 1388 30000 SH SOLE 30000 0 0
AUTONATION INC COM 05329W102 18302 649000 SH SOLE 649000 0 0
AUTOZONE INC COM 053332102 5724 21000 SH SOLE 21000 0 0
AVISTA CORP COM COM 05379B107 6565 291500 SH SOLE 291500 0 0
AVON PRODUCTS INC COM 054303102 18686 643000 SH SOLE 643000 0 0
AZZ INC COM COM 002474104 200 5000 SH SOLE 5000 0 0
BADGER METER INC COM COM 056525108 2211 50000 SH SOLE 50000 0 0
BAKER HUGHES INC COM 057224107 16369 286325 SH SOLE 286325 0 0
BALDOR ELEC CO COM COM 057741100 109753 1741000 SH SOLE 1741000 0 0
BALDWIN TECHNOLOGY INC CL A COM 058264102 815 613000 SH SOLE 613000 0 0
BANCO SANTANDER CENT HISP ADR( COM 05964H105 2481 233000 SH SOLE 233000 0 0
BANK OF AMERICA COM 060505104 14085 1055876 SH SOLE 1055876 0 0
BANK OF NEW YORK MELLON CORP COM 064058100 64311 2129500 SH SOLE 2129500 0 0
BARNES GROUP INC COM COM 067806109 248 12000 SH SOLE 12000 0 0
BARNES & NOBLES COM 067774109 594 42000 SH SOLE 42000 0 0
BARRICK GOLD(R:ABX.N B:ABX US) COM 067901108 112231 2110403 SH SOLE 2110403 0 0
BASSETT FURNITURE INDS COM 070203104 50 12000 SH SOLE 12000 0 0
BAXTER INTL INC COM COM 071813109 15009 296500 SH SOLE 296500 0 0
BCE INC COM 05534B760 54431 1535000 SH SOLE 1535000 0 0
BEASLEY BROADCAST GRP INC. COM 074014101 899 150000 SH SOLE 150000 0 0
BECKMAN COULTER INC COM COM 075811109 19526 259550 SH SOLE 259550 0 0
BECTON DICKINSON & CO COM COM 075887109 14681 173700 SH SOLE 173700 0 0
BED BATH & BEYOND INC COM 075896100 2359 48000 SH SOLE 48000 0 0
BEL FUSE INC CL A COM 077347201 8747 343000 SH SOLE 343000 0 0
BELDEN CDT INC COM 077454106 1289 35000 SH SOLE 35000 0 0
BELO CORP COM 080555105 1218 172000 SH SOLE 172000 0 0
BERKSHIRE HATHAWAY INC-CL A COM 084670108 41073 341 SH SOLE 341 0 0
BEST BUY INC COM COM 086516101 2092 61000 SH SOLE 61000 0 0
BHP BILLITON LTD SPONSORED ADR COM 088606108 11615 125000 SH SOLE 125000 0 0
BIG 5 SPORTING GOODS CORP COM COM 08915P101 1756 115000 SH SOLE 115000 0 0
BIG LOTS INC COM COM 089302103 213 7000 SH SOLE 7000 0 0
BIGLARI HOLDINGS INC COM 08986R101 9025 22000 SH SOLE 22000 0 0
BIO RAD LABS INC CL A COM 090572207 675 6500 SH SOLE 6500 0 0
BIOGEN IDEC INC COM 09062X103 7369 109900 SH SOLE 109900 0 0
BIOLASE TECHNOLOGY INC COM COM 090911108 88 50000 SH SOLE 50000 0 0
BJS WHSL CLUB INC COM COM 05548J106 862 18000 SH SOLE 18000 0 0
BLACK HILLS CORP COM COM 092113109 32760 1092000 SH SOLE 1092000 0 0
BLACKROCK INC CL A COM 09247X101 8100 42500 SH SOLE 42500 0 0
BLACKSTONE GROUP L P COM UNIT COM 09253U108 2080 147000 SH SOLE 147000 0 0
BMP SUNSTONE CORP COM COM 05569C105 3919 395500 SH SOLE 395500 0 0
BOEING CO COM 097023105 41766 640000 SH SOLE 640000 0 0
PORTVUE-SEC13F.LNP GABELLI FUNDS, LLC PAGE 23
RUN DATE: 01/31/11 11:14 A.M.
FORM 13F INFORMATION TABLE
AS OF DATE: 12/31/10
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
BON-TON STORES INC COM COM 09776J101 4051 320000 SH SOLE 320000 0 0
BORG WARNER INC COM 099724106 35095 485000 SH SOLE 485000 0 0
BOSTON BEER INC CL A COM 100557107 4469 47000 SH SOLE 47000 0 0
BOSTON SCIENTIFIC CORP COM COM 101137107 10220 1350000 SH SOLE 1350000 0 0
BOYD GAMING CORP COM 103304101 3487 329000 SH SOLE 329000 0 0
BP PLC SPONS ADR COM 055622104 36613 828900 SH SOLE 828900 0 0
BRASIL TELECOM SA SPONS ADR PF COM 10553M101 2029 92514 SH SOLE 92514 0 0
BRASIL TELECOM SA-ADR COM 10553M200 367 40791 SH SOLE 40791 0 0
BRINKS CO COM COM 109696104 9637 358527 SH SOLE 358527 0 0
BRISTOL MYERS SQUIBB CO COM 110122108 29075 1097987 SH SOLE 1097987 0 0
BROADRIDGE FINL SOLUTIONS INCO COM 11133T103 307 14000 SH SOLE 14000 0 0
BROOKFIELD ASSET MANAGEMENT I COM 112585104 1364 41075 SH SOLE 41075 0 0
BROWN FORMAN CORP CL B COM 115637209 7989 114750 SH SOLE 114750 0 0
BROWN-FORMAN CORP CLASS A COM 115637100 35167 506600 SH SOLE 506600 0 0
BRUKER BIOSCIENCES CORP COM 116794108 332 20000 SH SOLE 20000 0 0
BRUNSWICK CORP COM 117043109 562 30000 SH SOLE 30000 0 0
BRUSH ENGINEERED MATLS INC COM COM 117421107 11553 299000 SH SOLE 299000 0 0
BT GROUP PLC SPON ADR COM 05577E101 2069 72500 SH SOLE 72500 0 0
BUCYRUS INTL INC NEW CL A COM 118759109 70286 786200 SH SOLE 786200 0 0
BUNGE LIMITED COM COM G16962105 262 4000 SH SOLE 4000 0 0
CABLEVISION SYS NY GROUP A COM 12686C109 220315 6510500 SH SOLE 6510500 0 0
CADIZ INC COM 127537207 187 15000 SH SOLE 15000 0 0
CALAMOS ASSET MANAGEMENT-A COM 12811R104 420 30000 SH SOLE 30000 0 0
CALIFORNIA WTR SVC GROUP COM COM 130788102 921 24700 SH SOLE 24700 0 0
CALLON PETE CO DEL COM COM 13123X102 651 110000 SH SOLE 110000 0 0
CAMBIUM LEARNING GRP INC COM COM 13201A107 172 50000 SH SOLE 50000 0 0
CAMERON INTERNATIONAL CORP COM 13342B105 6544 129000 SH SOLE 129000 0 0
CAMPBELL SOUP CO COM 134429109 15464 445000 SH SOLE 445000 0 0
CANTERBURY PK HLDG CORP COM 13811E101 1371 118000 SH SOLE 118000 0 0
CAPSTONE TURBINE CORP COM COM 14067D102 139 145000 SH SOLE 145000 0 0
CAREER EDUCATION CORP COM 141665109 1244 60000 SH SOLE 60000 0 0
CARMIKE CINEMAS INC COM COM 143436400 772 100000 SH SOLE 100000 0 0
CARPENTER TECHNOLOGY CORP COM COM 144285103 402 10000 SH SOLE 10000 0 0
CASEYS GEN STORES INC COM COM 147528103 25843 607917 SH SOLE 607917 0 0
CATERPILLAR INC COM 149123101 17421 186000 SH SOLE 186000 0 0
CAVCO INDUSTRIES COM 149568107 5183 111000 SH SOLE 111000 0 0
CBS CORP CLASS A COM 124857103 34749 1826000 SH SOLE 1826000 0 0
CELGENE CORP COM 151020104 2132 36046 SH SOLE 36046 0 0
CENTRAL EUROPE AND RUSSIA FUND MUTUAL FUNDS 153436100 8410 201000 SH SOLE 201000 0 0
CENTRAL VT PUB SVC CORP COM COM 155771108 5290 242000 SH SOLE 242000 0 0
CENTURYLINK, INC. COM 156700106 2909 63000 SH SOLE 63000 0 0
CEPHALON INC COM COM 156708109 1420 23000 SH SOLE 23000 0 0
CEPHEID COM COM 15670R107 5278 232000 SH SOLE 232000 0 0
CF INDS HLDGS INC COM COM 125269100 405 3000 SH SOLE 3000 0 0
PORTVUE-SEC13F.LNP GABELLI FUNDS, LLC PAGE 24
RUN DATE: 01/31/11 11:14 A.M.
FORM 13F INFORMATION TABLE
AS OF DATE: 12/31/10
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
CH ENERGY GROUP, INC. COM 12541M102 35821 732694 SH SOLE 732694 0 0
CHECK POINT SOFTWARE TECH COM M22465104 463 10000 SH SOLE 10000 0 0
CHEESECAKE FACTORY INC COM 163072101 6592 215000 SH SOLE 215000 0 0
CHEMED CORP 1.875% 05/15/14 CONVERTIBLE BOND 16359RAC7 506 500000 PRN SOLE 500000 0 0
CHEMED CORPORATION COM 16359R103 15071 237300 SH SOLE 237300 0 0
CHESAPEAKE ENERGY CORP 2.250% CONVERTIBLE BOND 165167CB1 1169 1500000 PRN SOLE 1500000 0 0
CHESAPEAKE ENERGY CORP COM COM 165167107 9133 352500 SH SOLE 352500 0 0
CHESAPEAKE UTILS CORP COM COM 165303108 4424 106550 SH SOLE 106550 0 0
CHEVRON CORP COM 166764100 76486 838200 SH SOLE 838200 0 0
CHILDRENS PLACE RETL STRS I CO COM 168905107 248 5000 SH SOLE 5000 0 0
CHINA AUTOMOTIVE SYS INC COM COM 16936R105 1008 74022 SH SOLE 74022 0 0
CHINA HYDROELECTRIC CP-ADS COM 16949D101 222 30000 SH SOLE 30000 0 0
CHINA HYDROELECTRIC CP-ADS WAR WARRANT AND RIGH G2112E145 8 27000 SH SOLE 27000 0 0
CHINA MOBILE LTD COM 16941M109 5309 107000 SH SOLE 107000 0 0
CHINA TELECOM CORP LTD SPONS A COM 169426103 261 5000 SH SOLE 5000 0 0
CHINA UNICOM ADR COM 16945R104 1513 106200 SH SOLE 106200 0 0
CHINA YUCHAI INTL LTD ORD COM G21082105 1204 38000 SH SOLE 38000 0 0
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CIGNA CORP COM 125509109 733 20000 SH SOLE 20000 0 0
CINCINNATI BELL COM 171871106 21482 7672100 SH SOLE 7672100 0 0
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CIRCOR INTL INC COM COM 17273K109 37502 887000 SH SOLE 887000 0 0
CISCO SYS INC COM 17275R102 5422 268000 SH SOLE 268000 0 0
CITIGROUP INC. COM 172967101 16497 3487700 SH SOLE 3487700 0 0
CLARCOR INC COM 179895107 32168 750000 SH SOLE 750000 0 0
CLEAR CHANNEL OUTDOOR HLDGS CL COM 18451C109 27397 1951320 SH SOLE 1951320 0 0
CLEARWIRE CORP-CLASS A COM 18538Q105 352 68350 SH SOLE 68350 0 0
CLECO CORP NEW COM COM 12561W105 1923 62500 SH SOLE 62500 0 0
CLOROX CO COM 189054109 3101 49000 SH SOLE 49000 0 0
CME GROUP INC COM COM 12572Q105 6435 20000 SH SOLE 20000 0 0
CMS ENERGY CORP COM COM 125896100 5013 269500 SH SOLE 269500 0 0
CNA SURETY CORP COM COM 12612L108 18812 794410 SH SOLE 794410 0 0
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COACH INC COM 189754104 1687 30500 SH SOLE 30500 0 0
COCA COLA CO COM 191216100 110000 1672500 SH SOLE 1672500 0 0
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COCA-COLA FEMSA S A DE C V ADR COM 191241108 1236 15000 SH SOLE 15000 0 0
COCA-COLA HELLENIC BOTTLING SP COM 1912EP104 427 16500 SH SOLE 16500 0 0
COHEN & STEERS INC COM COM 19247A100 2663 102046 SH SOLE 102046 0 0
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COLDWATER CREEK INC COM COM 193068103 3297 1040000 SH SOLE 1040000 0 0
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COMCAST CORP CL A SPL COM 20030N200 9822 472000 SH SOLE 472000 0 0
PORTVUE-SEC13F.LNP GABELLI FUNDS, LLC PAGE 25
RUN DATE: 01/31/11 11:14 A.M.
FORM 13F INFORMATION TABLE
AS OF DATE: 12/31/10
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
COMCAST CORP NEW COM CL A COM 20030N101 6261 285000 SH SOLE 285000 0 0
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COMPUCREDIT CVT 3.625% 05/30/2 CONVERTIBLE BOND 20478NAB6 163 200000 PRN SOLE 200000 0 0
COMVERGE INC COM COM 205859101 225 32500 SH SOLE 32500 0 0
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CONMED CORP COM COM 207410101 2590 98000 SH SOLE 98000 0 0
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CONSTELLATION ENERGY GROUP ICO COM 210371100 44873 1465000 SH SOLE 1465000 0 0
CONTINUCARE CORP COM COM 212172100 1732 370000 SH SOLE 370000 0 0
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COOPER COS INC COM NEW COM 216648402 4226 75000 SH SOLE 75000 0 0
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CROWN HOLDINGS INC COM COM 228368106 10448 313000 SH SOLE 313000 0 0
CROWN MEDIA HLDGS INC CL A COM 228411104 1030 393000 SH SOLE 393000 0 0
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CTS CORP COM 126501105 8502 768708 SH SOLE 768708 0 0
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DANAHER CORP SHS BEN INT COM 235851102 1698 36000 SH SOLE 36000 0 0
PORTVUE-SEC13F.LNP GABELLI FUNDS, LLC PAGE 26
RUN DATE: 01/31/11 11:14 A.M.
FORM 13F INFORMATION TABLE
AS OF DATE: 12/31/10
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
DEAN FOODS (B:DF) COM 242370104 6957 787000 SH SOLE 787000 0 0
DEERE & CO. COM 244199105 136576 1644500 SH SOLE 1644500 0 0
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DENNYS CORP COM COM 24869P104 1557 435000 SH SOLE 435000 0 0
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DEXCOM INC COM COM 252131107 1310 96000 SH SOLE 96000 0 0
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PORTVUE-SEC13F.LNP GABELLI FUNDS, LLC PAGE 27
RUN DATE: 01/31/11 11:14 A.M.
FORM 13F INFORMATION TABLE
AS OF DATE: 12/31/10
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
EASTMAN KODAK COM 277461109 13722 2560000 SH SOLE 2560000 0 0
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PORTVUE-SEC13F.LNP GABELLI FUNDS, LLC PAGE 28
RUN DATE: 01/31/11 11:14 A.M.
FORM 13F INFORMATION TABLE
AS OF DATE: 12/31/10
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
FIDELITY SOUTHERN CORP COM 316394105 251 35891 SH SOLE 35891 0 0
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FREEPORT MCMORAN COPPER&GOLD C COM 35671D857 101792 847631 SH SOLE 847631 0 0
FRESENIUS KABI PHARMA-CVR WARRANT AND RIGH 35802M115 1 18000 SH SOLE 18000 0 0
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FULLER H B CO COM COM 359694106 11827 576350 SH SOLE 576350 0 0
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GENCORP INC COM 368682100 13110 2535742 SH SOLE 2535742 0 0
GENCORP INC 2.250% 01/15/24 CONVERTIBLE BOND 368682AL4 2972 3000000 PRN SOLE 3000000 0 0
GENERAL COMMUNICATIONS INC CL COM 369385109 722 57000 SH SOLE 57000 0 0
GENERAL ELEC CO COM 369604103 68606 3751000 SH SOLE 3751000 0 0
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GENERAL MTRS CO COM COM 37045V100 767 20800 SH SOLE 20800 0 0
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GENZYME CORP COM 372917104 12887 181000 SH SOLE 181000 0 0
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GILEAD SCIENCES INC COM COM 375558103 1087 30000 SH SOLE 30000 0 0
GLAXOSMITHKLINE PLC ADR (B:GSK COM 37733W105 442 11276 SH SOLE 11276 0 0
GLOBAL SOURCES LTD COM COM G39300101 2808 295000 SH SOLE 295000 0 0
GLOBE SPECIALTY METALS INC COM COM 37954N206 555 32500 SH SOLE 32500 0 0
GOLD FIELDS LTD NEW SPON ADR ( COM 38059T106 75598 4169749 SH SOLE 4169749 0 0
GOLD RESOURCE CORP COM COM 38068T105 2499 85000 SH SOLE 85000 0 0
GOLDCORP INC (US) COM 380956409 49999 1087408 SH SOLE 1087408 0 0
PORTVUE-SEC13F.LNP GABELLI FUNDS, LLC PAGE 29
RUN DATE: 01/31/11 11:14 A.M.
FORM 13F INFORMATION TABLE
AS OF DATE: 12/31/10
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
GOLDMAN SACHS GR COM 38141G104 4305 25600 SH SOLE 25600 0 0
GOODRICH B F CO COM COM 382388106 881 10000 SH SOLE 10000 0 0
GOOGLE INC-CL A COM 38259P508 30886 52000 SH SOLE 52000 0 0
GORMAN RUPP CO COM 383082104 11958 370000 SH SOLE 370000 0 0
GP STRATEGIES CORP COM COM 36225V104 1208 118000 SH SOLE 118000 0 0
GRACO INC COM COM 384109104 6115 155000 SH SOLE 155000 0 0
GRAFTECH INTERNATIONAL COM 384313102 28537 1438350 SH SOLE 1438350 0 0
GRAPHIC PACKAGING HLDG CO COM COM 388689101 78 20000 SH SOLE 20000 0 0
GRAY TELEVISION, INC COM 389375106 727 389000 SH SOLE 0 0 389000
GRAY TELEVISION, INC CL A COM 389375205 27 15000 SH SOLE 0 0 15000
GREAT ATLA & PAC 5.125% 6/15/2 CONVERTIBLE BOND 390064AJ2 4288 13612000 PRN SOLE 13612000 0 0
GREAT ATLANTIC & PAC TEA INCCO COM 390064103 48 228000 SH SOLE 228000 0 0
GREAT PLAINS ENERGY INC. (B: G COM 391164100 47176 2433000 SH SOLE 2433000 0 0
GREATBATCH INC COM 39153L106 966 40000 SH SOLE 40000 0 0
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GRIFFON CORP COM COM 398433102 18040 1415994 SH SOLE 1415994 0 0
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GTSI CORP COM COM 36238K103 138 29200 SH SOLE 29200 0 0
GYRODYNE CO AMER INC COM COM 403820103 792 10000 SH SOLE 10000 0 0
H R BLOCK INC COM 093671105 6646 558000 SH SOLE 558000 0 0
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HALLIBURTON COMPANY COM 406216101 81011 1984100 SH SOLE 1984100 0 0
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HEADWATERS INC COM COM 42210P102 550 120000 SH SOLE 120000 0 0
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PORTVUE-SEC13F.LNP GABELLI FUNDS, LLC PAGE 30
RUN DATE: 01/31/11 11:14 A.M.
FORM 13F INFORMATION TABLE
AS OF DATE: 12/31/10
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
HEWLETT PACKARD CO COM 428236103 505 12000 SH SOLE 12000 0 0
HICKORY TECH CORP COM COM 429060106 1122 117400 SH SOLE 117400 0 0
HITACHI LTD ADR (B:HIT US) COM 433578507 213 4000 SH SOLE 4000 0 0
HOLOGIC INC COM COM 436440101 659 35000 SH SOLE 35000 0 0
HOME DEPOT INC COM 437076102 22824 651000 SH SOLE 651000 0 0
HOME INNS & HOTELS MANAG-ADR COM 43713W107 1147 28000 SH SOLE 28000 0 0
HONEYWELL INT'L INC COM 438516106 98931 1861000 SH SOLE 1861000 0 0
HOOPER HOLMES INC COM COM 439104100 42 60300 SH SOLE 60300 0 0
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HOSPIRA INC COM COM 441060100 6404 115000 SH SOLE 115000 0 0
HOST HOTELS & RESORTS INC COM 44107P104 258 14422 SH SOLE 14422 0 0
HSBC HLDGS PLC ADR SPON NEW COM 404280406 4492 88000 SH SOLE 88000 0 0
HSN INC COM COM 404303109 9011 294000 SH SOLE 294000 0 0
HUANENG PWR INTL INC SPON ADR COM 443304100 3902 182500 SH SOLE 182500 0 0
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HUDSON VALLEY HOLDING CORP COM COM 444172100 867 35000 SH SOLE 35000 0 0
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IBERO-AMERICA FUND INC MUTUAL FUNDS 45082X103 72 11000 SH SOLE 11000 0 0
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IMAX CORP COM COM 45245E109 660 23500 SH SOLE 23500 0 0
IMMUCOR INC COM COM 452526106 595 30000 SH SOLE 30000 0 0
INGERSOLL-RAND PLC COM G47791101 3343 71000 SH SOLE 71000 0 0
INGLES MKTS INC CL A COM 457030104 18086 942000 SH SOLE 942000 0 0
INSITUFORM TECHNOLOGIES INC CL COM 457667103 875 33000 SH SOLE 33000 0 0
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PORTVUE-SEC13F.LNP GABELLI FUNDS, LLC PAGE 31
RUN DATE: 01/31/11 11:14 A.M.
FORM 13F INFORMATION TABLE
AS OF DATE: 12/31/10
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
INVENTURE FOODS INC COM 461212102 104 24100 SH SOLE 24100 0 0
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IRIS INTL INC COM COM 46270W105 3120 305000 SH SOLE 305000 0 0
ITRON INC COM 465741106 233 4200 SH SOLE 4200 0 0
ITT EDUCATIONAL SVCS INC COM COM 45068B109 764 12000 SH SOLE 12000 0 0
ITT INDUSTRIES COM 450911102 65346 1254000 SH SOLE 1254000 0 0
IVANHOE MINES LTD COM COM 46579N103 12199 532240 SH SOLE 532240 0 0
J CREW GROUP INC COM COM 46612H402 475 11000 SH SOLE 11000 0 0
J & J SNACK FOODS CORP COM 466032109 1206 25000 SH SOLE 25000 0 0
J.P. MORGAN CHASE & CO COM 46625H100 47482 1119325 SH SOLE 1119325 0 0
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JAMES RIVER COAL CO COM NEW COM 470355207 203 8000 SH SOLE 8000 0 0
JANUS CAP GROUP INC COM COM 47102X105 20622 1590000 SH SOLE 1590000 0 0
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JOY GLOBAL INC COM COM 481165108 7382 85100 SH SOLE 85100 0 0
JO-ANN STORES INC COM COM 47758P307 2885 47900 SH SOLE 47900 0 0
KAMAN CORP COM 483548103 26774 921020 SH SOLE 921020 0 0
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KENNAMETAL INC COM COM 489170100 1756 44500 SH SOLE 44500 0 0
KEY ENERGY SVCS INC COM COM 492914106 909 70000 SH SOLE 70000 0 0
KG 1 1/4% 04/26 CONVERTIBLE BOND 495582AJ7 995 1000000 PRN SOLE 1000000 0 0
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KING PHARMACEUTICALS INC COM COM 495582108 61124 4350491 SH SOLE 4350491 0 0
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KKR & CO. L.P COM 48248M102 12497 880072 SH SOLE 880072 0 0
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KT CORP SPON ADR COM 48268K101 208 10000 SH SOLE 10000 0 0
KYOCERA CORP ADR COM 501556203 869 8500 SH SOLE 8500 0 0
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PORTVUE-SEC13F.LNP GABELLI FUNDS, LLC PAGE 32
RUN DATE: 01/31/11 11:14 A.M.
FORM 13F INFORMATION TABLE
AS OF DATE: 12/31/10
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
LACLEDE GROUP INC COM 505597104 6493 177700 SH SOLE 177700 0 0
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LECROY CORP 4.0% 10/15/2026 CONVERTIBLE BOND 52324WAB5 502 500000 PRN SOLE 500000 0 0
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M & T BK CORP COM COM 55261F104 16844 193500 SH SOLE 193500 0 0
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MACY'S INC COM 55616P104 35344 1397000 SH SOLE 1397000 0 0
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MAGNETEK INC COM COM 559424106 1237 916432 SH SOLE 916432 0 0
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MARATHON OIL CORP COM COM 565849106 29328 792000 SH SOLE 792000 0 0
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MARSH & MCLENNAN COS INC COM COM 571748102 18728 685000 SH SOLE 685000 0 0
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MARTHA STEWART LIVING OMNI COM 573083102 774 175000 SH SOLE 175000 0 0
PORTVUE-SEC13F.LNP GABELLI FUNDS, LLC PAGE 33
RUN DATE: 01/31/11 11:14 A.M.
FORM 13F INFORMATION TABLE
AS OF DATE: 12/31/10
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
MARTIN MARIETTA MTLS INC COM COM 573284106 590 6400 SH SOLE 6400 0 0
MASSEY ENERGY CORP COM COM 576206106 268 5000 SH SOLE 5000 0 0
MASTERCARD INC COM COM 57636Q104 25661 114500 SH SOLE 114500 0 0
MATERIAL SCIENCES CORP COM COM 576674105 992 155000 SH SOLE 155000 0 0
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MCAFEE INC COM COM 579064106 84171 1817547 SH SOLE 1817547 0 0
MCCORMICK & CO INC NON VOTING COM 579780206 838 18000 SH SOLE 18000 0 0
MCGRAW HILL COMPANIES, INC. COM 580645109 12889 354000 SH SOLE 354000 0 0
MCKESSON HBOC INC. COM 58155Q103 1619 23000 SH SOLE 23000 0 0
MDU RES GROUP INC COM COM 552690109 608 30000 SH SOLE 30000 0 0
MEAD JOHNSON COM 582839106 25046 402346 SH SOLE 402346 0 0
MEDALLION FINANCIAL CORP COM 583928106 369 45000 SH SOLE 45000 0 0
MEDCO HEALTH SOLUTIONS INC COM COM 58405U102 7475 122000 SH SOLE 122000 0 0
MEDIA GENERAL CL A COM 584404107 10608 1835356 SH SOLE 0 0 1835356
MEDIACOM COMMUNICATIONS CORPCL COM 58446K105 11154 1316900 SH SOLE 1316900 0 0
MEDTRONIC INC COM COM 585055106 1113 30000 SH SOLE 30000 0 0
MELCO PBL ENTERTAINMENT-ADR COM 585464100 572 90000 SH SOLE 90000 0 0
MEMC ELECTRONICS COM 552715104 225 20000 SH SOLE 20000 0 0
MENTOR GRAPHICS CORP COM COM 587200106 996 83000 SH SOLE 83000 0 0
MERCK & COMPANY COM 58933Y105 25504 707650 SH SOLE 707650 0 0
MEREDITH CORP COM 589433101 10014 289000 SH SOLE 289000 0 0
MET PRO CORP COM COM 590876306 1795 152001 SH SOLE 152001 0 0
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METTLER-TOLEDO INTL INC COM COM 592688105 575 3800 SH SOLE 3800 0 0
MGE ENERGY INC COM 55277P104 16505 386000 SH SOLE 386000 0 0
MGM RESORTS INTERNATIONAL COM 552953101 6371 429000 SH SOLE 429000 0 0
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MICROSOFT CORP COM 594918104 33478 1199500 SH SOLE 1199500 0 0
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MIDDLEBY CORP COM COM 596278101 1942 23000 SH SOLE 23000 0 0
MIDDLESEX WTR CO COM COM 596680108 2080 113333 SH SOLE 113333 0 0
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MINE SAFETY APPLIANCES CO COM COM 602720104 207 6650 SH SOLE 6650 0 0
MIRANT CORP NEW WT A EX 010311 WARRANT AND RIGH 60467R118 1 74535 SH SOLE 74535 0 0
MIRANT CORP NEW WT B EX 010311 WARRANT AND RIGH 60467R126 1 38363 SH SOLE 38363 0 0
MKS INSTRS INC COM COM 55306N104 495 20187 SH SOLE 20187 0 0
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MODINE MFG CO COM 607828100 15547 1003000 SH SOLE 1003000 0 0
MOLEX INC CL A COM 608554200 1113 59000 SH SOLE 59000 0 0
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MONRO MUFFLER BRAKE INC COM 610236101 778 22500 SH SOLE 22500 0 0
MONSANTO CO NEW COM COM 61166W101 27094 389058 SH SOLE 389058 0 0
PORTVUE-SEC13F.LNP GABELLI FUNDS, LLC PAGE 34
RUN DATE: 01/31/11 11:14 A.M.
FORM 13F INFORMATION TABLE
AS OF DATE: 12/31/10
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
MONSTER WORLDWIDE INC COM COM 611742107 3828 162000 SH SOLE 162000 0 0
MOODYS CORP COM COM 615369105 2468 93000 SH SOLE 93000 0 0
MOOG INC CL A COM 615394202 3542 89000 SH SOLE 89000 0 0
MOOG INC CL B COM 615394301 641 16100 SH SOLE 16100 0 0
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MOSY INC COM 619718109 205 36000 SH SOLE 36000 0 0
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MOVADO GROUP INC COM COM 624580106 742 46000 SH SOLE 46000 0 0
MUELLER INDS INC COM COM 624756102 5592 171000 SH SOLE 171000 0 0
MUELLER WATER PRODUCTS INC COM 624758108 242 58009 SH SOLE 58009 0 0
MURPHY OIL CORP COM COM 626717102 37722 506000 SH SOLE 506000 0 0
MVC CAP COM COM 553829102 1606 110000 SH SOLE 110000 0 0
MWI VETERINARY SUPPLY INC COM 55402X105 2526 40000 SH SOLE 40000 0 0
MYERS INDS INC COM 628464109 14813 1520867 SH SOLE 1520867 0 0
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NATIONAL PRESTO INDS INC COM 637215104 8685 66800 SH SOLE 66800 0 0
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NAVISTAR INTL CORP 3% 10/15/20 CONVERTIBLE BOND 63934EAL2 804 600000 PRN SOLE 600000 0 0
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NCR CORP NEW COM COM 62886E108 10344 673000 SH SOLE 673000 0 0
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NEW YORK TIMES CO CLASS A COM 650111107 265 27000 SH SOLE 27000 0 0
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NEWMONT MINING CORP HOLDING CO COM 651639106 170153 2769871 SH SOLE 2769871 0 0
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NEXXUS LIGHTING INC COM COM 65338E105 41 20000 SH SOLE 20000 0 0
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NIHD 3 1/8% 06/12 CONVERTIBLE BOND 62913FAJ1 2955 3000000 PRN SOLE 3000000 0 0
NII HLDGS INC CL B NEW COM 62913F201 10049 225000 SH SOLE 225000 0 0
NIKE INC CL B COM 654106103 1128 13200 SH SOLE 13200 0 0
PORTVUE-SEC13F.LNP GABELLI FUNDS, LLC PAGE 35
RUN DATE: 01/31/11 11:14 A.M.
FORM 13F INFORMATION TABLE
AS OF DATE: 12/31/10
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
NIPPON TELEG&TEL CORP ADR (B:N COM 654624105 275 12000 SH SOLE 12000 0 0
NISOURCE INC COM 65473P105 9303 528000 SH SOLE 528000 0 0
NOBILITY HOMES INC COM COM 654892108 629 77500 SH SOLE 77500 0 0
NOBLE CORPORATION BAAR NAMEN - COM H5833N103 16243 454100 SH SOLE 454100 0 0
NOKIA CORP SPONSORED ADR (B:NO COM 654902204 258 25000 SH SOLE 25000 0 0
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NORDSON CORP COM COM 655663102 276 3000 SH SOLE 3000 0 0
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NORTHERN DYNASTY MINERALS LTCO COM 66510M204 3358 235000 SH SOLE 235000 0 0
NORTHERN TRUST CORP COM 665859104 15293 276000 SH SOLE 276000 0 0
NORTHROP GRUMMAN CORP (B:NOC) COM 666807102 3369 52000 SH SOLE 52000 0 0
NORTHWEST NAT GAS CO COM COM 667655104 3950 85000 SH SOLE 85000 0 0
NORTHWESTERN CORP COM NEW COM 668074305 26598 922585 SH SOLE 922585 0 0
NOVARTIS AG - ADR (B:NVS US) COM 66987V109 15150 257000 SH SOLE 257000 0 0
NOVELL INC COM 670006105 124 21000 SH SOLE 21000 0 0
NRG ENERGY INC COM NEW COM 629377508 9282 475000 SH SOLE 475000 0 0
NSTAR COM COM 67019E107 52851 1252700 SH SOLE 1252700 0 0
NU HORIZONS ELECTRS CORP COM COM 669908105 2111 302500 SH SOLE 302500 0 0
NV ENERGY INC COM COM 67073Y106 562 40000 SH SOLE 40000 0 0
NYSE EURONEXT COM COM 629491101 2398 80000 SH SOLE 80000 0 0
OCCIDENTAL PETE CORP COM 674599105 73585 750100 SH SOLE 750100 0 0
OCEANEERING INTL INC COM COM 675232102 13916 189000 SH SOLE 189000 0 0
OCH ZIFF CAP MGMT GROUP CL A COM 67551U105 4565 293000 SH SOLE 293000 0 0
ODYSSEY MARINE EXPLORATION ICO COM 676118102 64 23000 SH SOLE 23000 0 0
OGE ENERGY CORP COM COM 670837103 41309 907100 SH SOLE 907100 0 0
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OLIN CORP COM PAR $1. COM 680665205 4514 220000 SH SOLE 220000 0 0
OMNOVA SOLUTIONS INC COM COM 682129101 11319 1354000 SH SOLE 1354000 0 0
ONEOK INC NEW COM COM 682680103 35834 646000 SH SOLE 646000 0 0
OPKO HEALTH INC COM COM 68375N103 367 100000 SH SOLE 100000 0 0
ORIENT-EXPRESS HOTELS LTD COM COM G67743107 3273 252000 SH SOLE 252000 0 0
ORITANI FINL CORP DEL COM COM 68633D103 2754 225000 SH SOLE 225000 0 0
ORMAT TECHNOLOGIES INC COM 686688102 2810 95000 SH SOLE 95000 0 0
ORTHOFIX INTL N V ORD COM N6748L102 3103 107000 SH SOLE 107000 0 0
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OUTDOOR HLDGS INC (NEW) COM 690027206 258 36000 SH SOLE 36000 0 0
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PACCAR INC COM 693718108 16858 294000 SH SOLE 294000 0 0
PAIN THERAPEUTICS INC COM COM 69562K100 2903 430000 SH SOLE 430000 0 0
PALOMAR MED TECHNOLOGIES INCCO COM 697529303 4618 325000 SH SOLE 325000 0 0
PARK ELECTROCHEMICAL CORP COM COM 700416209 9630 321000 SH SOLE 321000 0 0
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PARKER HANNIFIN CORP COM 701094104 1036 12000 SH SOLE 12000 0 0
PORTVUE-SEC13F.LNP GABELLI FUNDS, LLC PAGE 36
RUN DATE: 01/31/11 11:14 A.M.
FORM 13F INFORMATION TABLE
AS OF DATE: 12/31/10
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
PATTERSON COMPANIES INC COM 703395103 3492 114000 SH SOLE 114000 0 0
PATTERSON-UTI ENERGY INC COM COM 703481101 1315 61000 SH SOLE 61000 0 0
PEABODY ENERGY CORP COM COM 704549104 12591 196800 SH SOLE 196800 0 0
PEETS COFFEE & TEA INC COM COM 705560100 3256 78000 SH SOLE 78000 0 0
PENFORD CORP COM COM 707051108 409 67000 SH SOLE 67000 0 0
PENN NATIONAL GAMING INC COM COM 707569109 4148 118000 SH SOLE 118000 0 0
PENNICHUCK CORP COM NEW COM 708254206 10342 378000 SH SOLE 378000 0 0
PENSKE AUTOMOTIVE GRP INC COM COM 70959W103 1810 103900 SH SOLE 103900 0 0
PENTAIR INC COM COM 709631105 1935 53000 SH SOLE 53000 0 0
PEP BOYS MANNY MOE & JACK COM 713278109 6178 460000 SH SOLE 460000 0 0
PEPCO HLDGS INC COM COM 713291102 5028 275500 SH SOLE 275500 0 0
PEPSICO INC COM 713448108 56382 863027 SH SOLE 863027 0 0
PETROBRAS BRASILEIRO ADR SPONS COM 71654V408 26526 701000 SH SOLE 701000 0 0
PETROBRAS BRASILEIRO SPON ADR COM 71654V101 6048 177000 SH SOLE 177000 0 0
PETROCHINA CO LTD SPONSORED AD COM 71646E100 1880 14300 SH SOLE 14300 0 0
PETROHAWK ENERGY CORP COM COM 716495106 4563 250000 SH SOLE 250000 0 0
PFIZER INC COM 717081103 38834 2217790 SH SOLE 2217790 0 0
PG&E CORP COM COM 69331C108 4736 99000 SH SOLE 99000 0 0
PHHM 3.25% 5/15/2024 CONVERTIBLE BOND 696639AB9 198 450000 PRN SOLE 450000 0 0
PHILIP MORRIS INTL INC COM COM 718172109 5999 102500 SH SOLE 102500 0 0
PHILLIPINE LONG DISTANCE TEL S COM 718252604 6270 107600 SH SOLE 107600 0 0
PIEDMONT NAT GAS INC COM COM 720186105 3607 129000 SH SOLE 129000 0 0
PIER 1 IMPORTS INC SHS BEN INT COM 720279108 882 84000 SH SOLE 84000 0 0
PINNACLE ENTMT INC COM COM 723456109 7282 519400 SH SOLE 519400 0 0
PINNACLE WEST CAP CORP COM COM 723484101 18487 446000 SH SOLE 446000 0 0
PLANTRONICS COM 727493108 447 12000 SH SOLE 12000 0 0
PNC FINANCIAL CORP COM 693475105 19673 324000 SH SOLE 324000 0 0
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POLO RALPH LAUREN CORP COM 731572103 1442 13000 SH SOLE 13000 0 0
POLYPORE INTL INC COM COM 73179V103 367 9000 SH SOLE 9000 0 0
POPULAR INC COM COM 733174106 7065 2250137 SH SOLE 2250137 0 0
PORTUGAL TELECOM ADR (B:PT US) COM 737273102 3203 279500 SH SOLE 279500 0 0
POTASH CORP SASK INC COM 73755L107 3793 24500 SH SOLE 24500 0 0
PPL CORP COM COM 69351T106 1321 50200 SH SOLE 50200 0 0
PRECISION CASTPARTS CORP COM 740189105 79433 570600 SH SOLE 570600 0 0
PRG-SCHULTZ INTERNATIONAL INCO COM 69357C503 81 12800 SH SOLE 12800 0 0
PRIMEDIA INC COM NEW COM 74157K846 710 169000 SH SOLE 169000 0 0
PRIVATEBANCORP INC COM COM 742962103 431 30000 SH SOLE 30000 0 0
PROCTER & GAMBLE COMPANY COM 742718109 61853 961500 SH SOLE 961500 0 0
PROGRESS ENERGY INC COM COM 743263105 31871 733000 SH SOLE 733000 0 0
PROLOGIS SH BEN INT COM 743410102 520 36000 SH SOLE 36000 0 0
PROSHARES TR ULTRSHRT 20YRS COM 74347R297 370 10000 SH SOLE 10000 0 0
PROSHARES TR ULTRSHRT 7-10Y COM 74347R313 381 9000 SH SOLE 9000 0 0
PROVIDENCE SERV 6.500% 05/15/1 CONVERTIBLE BOND 743815AB8 300 300000 PRN SOLE 300000 0 0
PORTVUE-SEC13F.LNP GABELLI FUNDS, LLC PAGE 37
RUN DATE: 01/31/11 11:14 A.M.
FORM 13F INFORMATION TABLE
AS OF DATE: 12/31/10
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
PROVIDENCE & WORCESTER RR COCO COM 743737108 2832 169100 SH SOLE 169100 0 0
PSS WORLD MED INC COM COM 69366A100 994 44000 SH SOLE 44000 0 0
PT INDOSAT TBK SPONSORED ADR COM 744383100 344 11800 SH SOLE 11800 0 0
PT TELEKOMUNIKASI INDONESIA (B COM 715684106 797 22360 SH SOLE 22360 0 0
PUBLIC SVC ENTERPRISES COM COM 744573106 12985 408200 SH SOLE 408200 0 0
PULSE ELECTRONICS CORP COM COM 74586W106 291 54740 SH SOLE 54740 0 0
QUAKER CHEM CORP COM COM 747316107 979 23500 SH SOLE 23500 0 0
QUALCOMM INC COM COM 747525103 9453 191000 SH SOLE 191000 0 0
QUIDEL CORP COM COM 74838J101 8128 562500 SH SOLE 562500 0 0
QWEST COMMUNICATIONS INTL. COM 749121109 5350 703000 SH SOLE 703000 0 0
RALCORP HOLDINGS INC COM 751028101 17033 262000 SH SOLE 262000 0 0
RANDGOLD RES LTD ADR COM 752344309 110092 1337200 SH SOLE 1337200 0 0
RAYONIER INC COM COM 754907103 1627 30984 SH SOLE 30984 0 0
RAYTHEON COMPANY COM 755111507 463 10000 SH SOLE 10000 0 0
REGAL ENTERTAINMENT GROUP COM 758766109 423 36000 SH SOLE 36000 0 0
REGIS CORP MINN COM COM 758932107 1044 62874 SH SOLE 62874 0 0
REPSOL YPF S A ADR SPONSORED COM 76026T205 7069 253000 SH SOLE 253000 0 0
REPUBLIC SVCS INC CL A COM 760759100 43954 1472000 SH SOLE 1472000 0 0
RGC RES INC COM COM 74955L103 438 14000 SH SOLE 14000 0 0
RIO TINTO LTD ADR SPONSORED (B COM 767204100 27904 389400 SH SOLE 389400 0 0
ROBBINS & MYERS INC COM 770196103 4749 132730 SH SOLE 132730 0 0
ROCHESTER MED CORP COM COM 771497104 2738 250742 SH SOLE 250742 0 0
ROCK OF AGES CORP DEL COM COM 772632105 527 100800 SH SOLE 100800 0 0
ROCKWELL AUTOMATION INC (B:ROK COM 773903109 53567 747000 SH SOLE 747000 0 0
ROCKWELL COLLINS INC COM COM 774341101 3379 58000 SH SOLE 58000 0 0
ROCKWOOD HLDGS INC COM COM 774415103 3912 100000 SH SOLE 100000 0 0
ROGERS COMMUNICATIONS CL B COM 775109200 90886 2624500 SH SOLE 2624500 0 0
ROLLINS INC COM 775711104 68144 3450345 SH SOLE 3450345 0 0
ROPER 1.481% 01/15/34 CONVERTIBLE BOND 776696AA4 1349 1400000 PRN SOLE 1400000 0 0
ROPER INDS INC NEW COM 776696106 2446 32000 SH SOLE 32000 0 0
ROVI CORP COM COM 779376102 1426 23000 SH SOLE 23000 0 0
ROWAN COS INC COM 779382100 38576 1105000 SH SOLE 1105000 0 0
ROYAL BK CDA MONTREAL QUE COM COM 780087102 3953 75500 SH SOLE 75500 0 0
ROYAL DUTCH SHELL PLC ADR-A(RD COM 780259206 28048 420000 SH SOLE 420000 0 0
ROYAL GOLD INC COM COM 780287108 26997 494174 SH SOLE 494174 0 0
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RPC INC. COMMON COM 749660106 40779 2250500 SH SOLE 2250500 0 0
RTI BIOLOGICS INC COM COM 74975N105 726 272000 SH SOLE 272000 0 0
RUSH ENTERPRISES INC CL B COM 781846308 5421 300000 SH SOLE 300000 0 0
S1 CORP COM 78463B101 69 10000 SH SOLE 10000 0 0
SAFEWAY INC COM NEW COM 786514208 19566 870000 SH SOLE 870000 0 0
SALEM COMMUNICATIONS CORP DECL COM 794093104 2079 655800 SH SOLE 655800 0 0
SALLY BEAUTY HLDGS INC COM COM 79546E104 13572 934100 SH SOLE 934100 0 0
SANDISK CORP 1.000% 05/15/13 CONVERTIBLE BOND 80004CAC5 16046 16500000 PRN SOLE 16500000 0 0
PORTVUE-SEC13F.LNP GABELLI FUNDS, LLC PAGE 38
RUN DATE: 01/31/11 11:14 A.M.
FORM 13F INFORMATION TABLE
AS OF DATE: 12/31/10
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
SANDISK CORP COM COM 80004C101 3116 62500 SH SOLE 62500 0 0
SANDRIDGE ENERGY INC COM COM 80007P307 175 23885 SH SOLE 23885 0 0
SARA LEE CORP COM COM 803111103 63235 3611374 SH SOLE 3611374 0 0
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SCANA CORP NEW COM COM 80589M102 19671 484500 SH SOLE 484500 0 0
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PORTVUE-SEC13F.LNP GABELLI FUNDS, LLC PAGE 39
RUN DATE: 01/31/11 11:14 A.M.
FORM 13F INFORMATION TABLE
AS OF DATE: 12/31/10
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
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PORTVUE-SEC13F.LNP GABELLI FUNDS, LLC PAGE 40
RUN DATE: 01/31/11 11:14 A.M.
FORM 13F INFORMATION TABLE
AS OF DATE: 12/31/10
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
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PORTVUE-SEC13F.LNP GABELLI FUNDS, LLC PAGE 41
RUN DATE: 01/31/11 11:14 A.M.
FORM 13F INFORMATION TABLE
AS OF DATE: 12/31/10
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
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PORTVUE-SEC13F.LNP GABELLI FUNDS, LLC PAGE 42
RUN DATE: 01/31/11 11:14 A.M.
FORM 13F INFORMATION TABLE
AS OF DATE: 12/31/10
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
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PORTVUE-SEC13F.LNP GABELLI FUNDS, LLC PAGE 43
RUN DATE: 01/31/11 11:14 A.M.
FORM 13F INFORMATION TABLE
AS OF DATE: 12/31/10
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
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PORTVUE-SEC13F.LNP GABELLI SECURITIES, INC. PAGE 44
RUN DATE: 01/31/11 8:29 A.M.
FORM 13F INFORMATION TABLE
AS OF DATE: 12/31/10
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
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PORTVUE-SEC13F.LNP GABELLI SECURITIES, INC. PAGE 45
RUN DATE: 01/31/11 8:29 A.M.
FORM 13F INFORMATION TABLE
AS OF DATE: 12/31/10
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
CLEAR CHANNEL OUTDOOR HLDGS CL COM 18451C109 197 14000 SH SOLE 14000 0 0
CMS ENERGY 2.875% 12/01/24 CONVERTIBLE BOND 125896AW0 2996 2050000 PRN SOLE 2050000 0 0
CNA SURETY CORP COM COM 12612L108 452 19100 SH SOLE 19100 0 0
COMCAST CORP CL A SPL COM 20030N200 1269 61000 SH SOLE 61000 0 0
COMMSCOPE INC COM COM 203372107 11959 383063 SH SOLE 383063 0 0
COMPELLENT TECHNOLOGIES INC CO COM 20452A108 4498 163042 SH SOLE 163042 0 0
COMVERGE INC COM COM 205859101 276 40000 SH SOLE 40000 0 0
COOPER INDUSTRIES PLC SHS COM G24140108 379 6500 SH SOLE 6500 0 0
CORCEPT THERAPEUTICS INC OC-CO COM 218352102 120 31000 SH SOLE 31000 0 0
CORNING INC COM 219350105 270 14000 SH SOLE 14000 0 0
CPI INTERNATIONAL INC COM COM 12618M100 553 28601 SH SOLE 28601 0 0
CRUCELL N V SPONSORED ADR COM 228769105 1001 31944 SH SOLE 31944 0 0
CSIQ US 01/11 P 15 OPTION - PUT 53 200 SH PUT SOLE 200 0 0
CUTERA INC COM COM 232109108 101 12200 SH SOLE 12200 0 0
CYPRESS BIOSCIENCES INC COM PA COM 232674507 7482 1154619 SH SOLE 1154619 0 0
DEL MONTE FOODS CO COM COM 24522P103 2871 152700 SH SOLE 152700 0 0
DELTA PETE CORP COM NEW COM 247907207 174 228800 SH SOLE 228800 0 0
DIGIRAD CORP COM COM 253827109 24 11200 SH SOLE 11200 0 0
DIONEX CORP COM COM 254546104 15817 134034 SH SOLE 134034 0 0
DIRECTV-CLASS A COM 25490A101 240 6000 SH SOLE 6000 0 0
DISCOVERY COMMS NEW SER C COM 25470F302 3174 86500 SH SOLE 86500 0 0
DOLLAR THRIFTY AUTOMOTIVE GRCO COM 256743105 1980 41900 SH SOLE 41900 0 0
DOVER MOTORSPORTS INC.(B:DVD) COM 260174107 67 37850 SH SOLE 37850 0 0
DYNAMEX INC COM COM 26784F103 3162 127696 SH SOLE 127696 0 0
DYNEGY INC COM 26817G300 244 43397 SH SOLE 43397 0 0
ENTRAVISION COMM CORP CL A COM 29382R107 26 10000 SH SOLE 10000 0 0
EURAND N V SHS COM N31010106 2141 180974 SH SOLE 180974 0 0
EXCO RESOURCES INC COM COM 269279402 1029 53000 SH SOLE 53000 0 0
FCX US 01/11 C 79 OPTION - CALL 255 62 SH CALL SOLE 62 0 0
FIDELITY NATL INFORMATION SVCO COM 31620M106 866 31614 SH SOLE 31614 0 0
FIRST MERCURY FINANCIAL CORPCO COM 320841109 3383 206296 SH SOLE 206296 0 0
FORD CAP TRUST 6.5% 01/15/32 CONVERTIBLE PREF 345395206 364 7000 SH SOLE 7000 0 0
FSLR US 01/11 P 135 OPTION - PUT 89 125 SH PUT SOLE 125 0 0
FUSHI COPPERWELD INC COM COM 36113E107 400 45000 SH SOLE 45000 0 0
GENERAL ELEC CO COM 369604103 183 10000 SH SOLE 10000 0 0
GENON ENERGY INC COM 37244E107 101 26400 SH SOLE 26400 0 0
GENOPTIX INC COM 37243V100 489 25700 SH SOLE 25700 0 0
GENZYME CORP COM 372917104 3033 42600 SH SOLE 42600 0 0
GILEAD SCIENCES INC COM COM 375558103 486 13400 SH SOLE 13400 0 0
GOLD FIELDS LTD NEW SPON ADR ( COM 38059T106 236 13000 SH SOLE 13000 0 0
GREIF INC CL B COM 397624206 4151 67704 SH SOLE 67704 0 0
GRUPO TELEVISA SA DE CV ADR (B COM 40049J206 246 9500 SH SOLE 9500 0 0
GSM US 01/11 C 15 OPTION - CALL 56 250 SH CALL SOLE 250 0 0
GTSI CORP COM COM 36238K103 117 24752 SH SOLE 24752 0 0
PORTVUE-SEC13F.LNP GABELLI SECURITIES, INC. PAGE 46
RUN DATE: 01/31/11 8:29 A.M.
FORM 13F INFORMATION TABLE
AS OF DATE: 12/31/10
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
HARBIN ELECTRIC INC COM COM 41145W109 524 30200 SH SOLE 30200 0 0
HARDINGE INC COM COM 412324303 241 24703 SH SOLE 24703 0 0
HEADWATERS INC COM COM 42210P102 435 95000 SH SOLE 95000 0 0
HORSEHEAD HLDG CORP COM COM 440694305 326 25000 SH SOLE 25000 0 0
HYPERCOM CORP COM 44913M105 3076 367500 SH SOLE 367500 0 0
INFOLOGIX INC COM NEW COM 45668X204 53 11353 SH SOLE 11353 0 0
J CREW GROUP INC COM COM 46612H402 4936 114409 SH SOLE 114409 0 0
JASO US 01/11 P 8 OPTION - PUT 72 600 SH PUT SOLE 600 0 0
JO-ANN STORES INC COM COM 47758P307 783 13000 SH SOLE 13000 0 0
KINETIC CONCEPTS INC COM NEW COM 49460W208 264 6300 SH SOLE 6300 0 0
KING PHARMACEUTICALS INC COM COM 495582108 23667 1684511 SH SOLE 1684511 0 0
LADISH INC COM NEW COM 505754200 1930 39700 SH SOLE 39700 0 0
LASERCARD CORP COM COM 51807U101 1208 193258 SH SOLE 193258 0 0
LUCENT TECH 2.750% 06/15/25 CONVERTIBLE BOND 549463AH0 951 1000000 PRN SOLE 1000000 0 0
LULU US 01/11 C 65 OPTION - CALL 72 150 SH CALL SOLE 150 0 0
L-1 IDENTITY SOLUTIONS INC COM 50212A106 6871 576931 SH SOLE 576931 0 0
MARSHALL & ILSLEY CORP NEW COM COM 571837103 1664 240500 SH SOLE 240500 0 0
MARTEK BIOSCIENCES CORP COM COM 572901106 4985 159264 SH SOLE 159264 0 0
MAS0 07/20/31 CONVERTIBLE BOND 574599BB1 1319 2500000 PRN SOLE 2500000 0 0
MATRIXX INITIATIVES INC COM COM 57685L105 1702 201126 SH SOLE 201126 0 0
MCAFEE INC COM COM 579064106 21071 455000 SH SOLE 455000 0 0
MEAD JOHNSON COM 582839106 426 6840 SH SOLE 6840 0 0
MEDIACOM COMMUNICATIONS CORPCL COM 58446K105 2420 285702 SH SOLE 285702 0 0
MEDTRONIC 1.625% 04/15/13 CONVERTIBLE BOND 585055AM8 2016 2000000 PRN SOLE 2000000 0 0
MEE 3 1/4 08/15 CONVERTIBLE BOND 576203AJ2 985 1000000 PRN SOLE 1000000 0 0
MERCER INS GROUP INC COM COM 587902107 841 30039 SH SOLE 30039 0 0
MICRON TECH 1.875% 06/01/14 CONVERTIBLE BOND 595112AH6 936 1000000 PRN SOLE 1000000 0 0
NATIONAL FUEL GAS CO N J COM COM 636180101 459 7000 SH SOLE 7000 0 0
NAVISITE INC COM NEW COM 63935M208 56 15177 SH SOLE 15177 0 0
NEUROMETRIX INC COM COM 641255104 8 11200 SH SOLE 11200 0 0
NEW ALLIANCE BANCSHARES INC CO COM 650203102 2022 135000 SH SOLE 135000 0 0
NEW YORK TIMES CO CLASS A COM 650111107 225 23000 SH SOLE 23000 0 0
NEWMONT MINING CORP HOLDING CO COM 651639106 246 4000 SH SOLE 4000 0 0
NEXXUS LIGHTING INC COM COM 65338E105 31 15000 SH SOLE 15000 0 0
NII HLDGS INC CL B NEW COM 62913F201 201 4500 SH SOLE 4500 0 0
NOVELL INC COM 670006105 6497 1097394 SH SOLE 1097394 0 0
NRG ENERGY INC COM NEW COM 629377508 297 15200 SH SOLE 15200 0 0
NSTAR COM COM 67019E107 253 6000 SH SOLE 6000 0 0
NU HORIZONS ELECTRS CORP COM COM 669908105 2057 294667 SH SOLE 294667 0 0
NUVASIVE INC COM COM 670704105 526 20500 SH SOLE 20500 0 0
OCCAM NETWORKS INC COM NEW COM 67457P309 914 105477 SH SOLE 105477 0 0
OFFICE DEPOT INC COM 676220106 319 59100 SH SOLE 59100 0 0
PANL US 01/11 C 30 OPTION - CALL 20 100 SH CALL SOLE 100 0 0
PANL US 01/11 C 35 OPTION - CALL 19 500 SH CALL SOLE 500 0 0
PORTVUE-SEC13F.LNP GABELLI SECURITIES, INC. PAGE 47
RUN DATE: 01/31/11 8:29 A.M.
FORM 13F INFORMATION TABLE
AS OF DATE: 12/31/10
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
PENNICHUCK CORP COM NEW COM 708254206 1302 47593 SH SOLE 47593 0 0
PEP BOYS MANNY MOE & JACK COM 713278109 154 11500 SH SOLE 11500 0 0
POTASH CORP SASK INC COM 73755L107 1455 9400 SH SOLE 9400 0 0
PPO US 01/11 C 40 OPTION - CALL 41 200 SH CALL SOLE 200 0 0
PROMOTORA DE INFORMACIONES SAD COM 74343G204 869 108376 SH SOLE 108376 0 0
PROMOTORA DE INFORMACIONES SAD COM 74343G303 1801 188770 SH SOLE 188770 0 0
PWER US 01/11 C 11 OPTION - CALL 4 250 SH CALL SOLE 250 0 0
QUICKSILVER RESOURCES INC COM COM 74837R104 183 12400 SH SOLE 12400 0 0
QUIKSILVER INC COM COM 74838C106 166 32700 SH SOLE 32700 0 0
QWEST COMMUNICATIONS INTL. COM 749121109 4438 583158 SH SOLE 583158 0 0
RAE SYS INC COM COM 75061P102 549 340736 SH SOLE 340736 0 0
RANDGOLD RES LTD ADR COM 752344309 231 2800 SH SOLE 2800 0 0
SANDISK CORP 1.000% 05/15/13 CONVERTIBLE BOND 80004CAC5 1532 1575000 PRN SOLE 1575000 0 0
SARA LEE CORP COM COM 803111103 263 15000 SH SOLE 15000 0 0
SATCON TECHNOLOGY CORP COM COM 803893106 135 30000 SH SOLE 30000 0 0
SCHNITZER STL INDS CL A COM 806882106 398 6000 SH SOLE 6000 0 0
SEARCHMEDIA HOLDINGS LTD COM G8005Y106 164 52610 SH SOLE 52610 0 0
SINO CLEAN ENERGY INC COM NEW COM 82936G200 132 20000 SH SOLE 20000 0 0
SIRIUS XM RADIO INC COM COM 82967N108 33 20000 SH SOLE 20000 0 0
SOLTA MEDICAL INC COM 83438K103 56 18500 SH SOLE 18500 0 0
SPRINT NEXTEL CORP COM 852061100 351 83000 SH SOLE 83000 0 0
STP US 01/11 P 7.5 OPTION - PUT 4 200 SH PUT SOLE 200 0 0
STUDENT LN CORP COM COM 863902102 6367 196282 SH SOLE 196282 0 0
SYNIVERSE HLDGS INC COM COM 87163F106 8531 276520 SH SOLE 276520 0 0
TALECRIS BIOTHERAPEUTICS COM 874227101 1513 64920 SH SOLE 64920 0 0
TELEPHONE & DATA SYS INC SPL C COM 879433860 1970 62500 SH SOLE 62500 0 0
TELEPHONE & DATA SYSTEM INC. COM 879433100 439 12000 SH SOLE 12000 0 0
TELVENT GIT SA SHS COM E90215109 211 8000 SH SOLE 8000 0 0
TENET HEALTHCARE CORP COM COM 88033G100 234 35000 SH SOLE 35000 0 0
TEXAS INSTRUMENTS INC COM 882508104 341 10500 SH SOLE 10500 0 0
TIME WARNER INC COM COM 887317303 365 11333 SH SOLE 11333 0 0
TRANS1 INC COM COM 89385X105 26 12500 SH SOLE 12500 0 0
TRINITY INDS INC COM 896522109 375 14100 SH SOLE 14100 0 0
TSL US 01/11 P 24 OPTION - PUT 39 300 SH PUT SOLE 300 0 0
T-3 ENERGY SRVCS INC COM COM 87306E107 2732 68600 SH SOLE 68600 0 0
UNITED STATES CELLULAR CORP COM 911684108 200 4000 SH SOLE 4000 0 0
UNIVERSAL AMERN FINL CORP COM COM 913377107 307 15000 SH SOLE 15000 0 0
UNIVERSAL DISPLAY CORP COM COM 91347P105 307 10000 SH SOLE 10000 0 0
VERIGY LTD SHS COM Y93691106 2288 175700 SH SOLE 175700 0 0
VERSO PAPER CORP COM COM 92531L108 257 75000 SH SOLE 75000 0 0
VIACOM INC NEW CL A COM 92553P102 413 9000 SH SOLE 9000 0 0
WELLS FARGO & CO NEW COM 949746101 2530 81628 SH SOLE 81628 0 0
WESCO FINL CORP COM COM 950817106 521 1413 SH SOLE 1413 0 0
WHITNEY HLDG CORP COM 966612103 587 41500 SH SOLE 41500 0 0
PORTVUE-SEC13F.LNP GABELLI SECURITIES, INC. PAGE 48
RUN DATE: 01/31/11 8:29 A.M.
FORM 13F INFORMATION TABLE
AS OF DATE: 12/31/10
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
WILBER CORP COM COM 967797101 409 40074 SH SOLE 40074 0 0
WILMINGTON TR CORP COM COM 971807102 1363 314162 SH SOLE 314162 0 0
WIMM BILL DANN FOODS OJSC SPON COM 97263M109 359 10900 SH SOLE 10900 0 0
WUXI PHARMATECH CAYMAN INC SPO COM 929352102 1958 121289 SH SOLE 121289 0 0
YAHOO INC. COM 984332106 559 33600 SH SOLE 33600 0 0
YGE US 01/11 P 11 OPTION - PUT 30 250 SH PUT SOLE 250 0 0
ZINC US 01/11 C 12.5 OPTION - CALL 32 350 SH CALL SOLE 350 0 0
ZORAN CORP COM COM 98975F101 277 31500 SH SOLE 31500 0 0
PORTVUE-SEC13F.LNP TETON ADVISORS, INC. PAGE 49
RUN DATE: 01/31/11 8:26 A.M.
FORM 13F INFORMATION TABLE
AS OF DATE: 12/31/10
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
1 800 FLOWERS COM INC CL A COM 68243Q106 1145 425500 SH SOLE 425500 0 0
A123 SYSTEMS INC COM 03739T108 258 27000 SH SOLE 27000 0 0
AAR CORP COM COM 000361105 427 15538 SH SOLE 15538 0 0
AARON'S INC COM 002535300 693 34000 SH SOLE 34000 0 0
ACERGY S A SPONSORED ADR COM 00443E104 231 9500 SH SOLE 9500 0 0
ADAMS GOLF INC COM NEW COM 006228209 85 18000 SH SOLE 18000 0 0
ADVANCED ANALOGIC TECHNOLOGICO COM 00752J108 586 146100 SH SOLE 146100 0 0
AKAMAI TECHNOLOGIES INC COM COM 00971T101 505 10728 SH SOLE 10728 0 0
ALLIS CHALMERS ENERGY INC COM COM 019645506 417 58800 SH SOLE 58800 0 0
AMERICAN DG ENERGY INC COM COM 025398108 42 15242 SH SOLE 15242 0 0
AMERICAN EAGLE OUTFITTERS INCO COM 02553E106 556 38010 SH SOLE 38010 0 0
AMERICAN RAILCAR INDS INC COM COM 02916P103 978 44200 SH SOLE 44200 0 0
AMN HEALTHCARE SVCS INC COM COM 001744101 64 10500 SH SOLE 10500 0 0
AMPCO PITTSBURGH CORP COM 032037103 3714 132391 SH SOLE 132391 0 0
ANGIODYNAMICS INC COM COM 03475V101 1001 65118 SH SOLE 65118 0 0
APPLIED SIGNAL TECHNOLOGY COM COM 038237103 3581 94500 SH SOLE 94500 0 0
ARCH CHEMICALS INC COM COM 03937R102 707 18638 SH SOLE 18638 0 0
ARTHROCARE CORP COM COM 043136100 432 13900 SH SOLE 13900 0 0
ASCENT MEDIA CORP COM SER A COM 043632108 41 1050 SH SOLE 1050 0 0
ASTEC INDS INC COM COM 046224101 583 18000 SH SOLE 18000 0 0
ASTRONICS CORP COM COM 046433108 235 11200 SH SOLE 11200 0 0
ATLANTIC TELE NETWORK INC COM COM 049079205 1091 28439 SH SOLE 28439 0 0
ATLAS AIR WORLDWIDE HLDGS INCO COM 049164205 242 4329 SH SOLE 4329 0 0
ATMI INC COM COM 00207R101 405 20291 SH SOLE 20291 0 0
AVNET INC COM 053807103 707 21410 SH SOLE 21410 0 0
BALDWIN TECHNOLOGY INC CL A COM 058264102 236 177500 SH SOLE 177500 0 0
BALLANTYNE STRONG INC COM COM 058516105 436 56151 SH SOLE 56151 0 0
BEASLEY BROADCAST GRP INC. COM 074014101 1416 236400 SH SOLE 236400 0 0
BEL FUSE INC CL A COM 077347201 2438 95600 SH SOLE 95600 0 0
BELO CORP COM 080555105 1273 179800 SH SOLE 179800 0 0
BERKSHIRE BANCORP INC DEL COM COM 084597202 88 16100 SH SOLE 16100 0 0
BIG 5 SPORTING GOODS CORP COM COM 08915P101 764 50000 SH SOLE 50000 0 0
BIGLARI HOLDINGS INC COM 08986R101 6227 15179 SH SOLE 15179 0 0
BIOLASE TECHNOLOGY INC COM COM 090911108 587 335500 SH SOLE 335500 0 0
BON-TON STORES INC COM COM 09776J101 276 21800 SH SOLE 21800 0 0
BOSTON BEER INC CL A COM 100557107 1835 19300 SH SOLE 19300 0 0
BRIGHAM EXPLORATION CO COM COM 109178103 599 21998 SH SOLE 21998 0 0
BROOKS AUTOMATION COM COM 114340102 212 23352 SH SOLE 23352 0 0
BROWN & BROWN INC COM COM 115236101 339 14181 SH SOLE 14181 0 0
BRUSH ENGINEERED MATLS INC COM COM 117421107 5583 144500 SH SOLE 144500 0 0
BTU INTL INC COM COM 056032105 657 73950 SH SOLE 73950 0 0
CADIZ INC COM 127537207 487 39174 SH SOLE 39174 0 0
CALLAWAY GOLF CO COM COM 131193104 234 29000 SH SOLE 29000 0 0
PORTVUE-SEC13F.LNP TETON ADVISORS, INC. PAGE 50
RUN DATE: 01/31/11 8:26 A.M.
FORM 13F INFORMATION TABLE
AS OF DATE: 12/31/10
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
CALLON PETE CO DEL COM COM 13123X102 118 19900 SH SOLE 19900 0 0
CAMBIUM LEARNING GRP INC COM COM 13201A107 356 103507 SH SOLE 103507 0 0
CANTEL MEDICAL CORP COM COM 138098108 3454 147600 SH SOLE 147600 0 0
CANTERBURY PK HLDG CORP COM 13811E101 331 28500 SH SOLE 28500 0 0
CAPSTONE TURBINE CORP COM COM 14067D102 19 20000 SH SOLE 20000 0 0
CARDIONET INC COM COM 14159L103 398 85000 SH SOLE 85000 0 0
CARIBOU COFFEE INC COM COM 142042209 171 17000 SH SOLE 17000 0 0
CASCADE MICROTECH INC COM COM 147322101 425 97700 SH SOLE 97700 0 0
CASELLA WASTE SYS INC CL A COM 147448104 1263 178100 SH SOLE 178100 0 0
CAVCO INDUSTRIES COM 149568107 700 15000 SH SOLE 15000 0 0
CENVEO INC COM COM 15670S105 115 21500 SH SOLE 21500 0 0
CEPHEID COM COM 15670R107 1422 62500 SH SOLE 62500 0 0
CHASE CORP COM 16150R104 1100 67500 SH SOLE 67500 0 0
CHEESECAKE FACTORY INC COM 163072101 1143 37268 SH SOLE 37268 0 0
CHESAPEAKE UTILS CORP COM COM 165303108 1495 36000 SH SOLE 36000 0 0
CHICAGO BRIDGE & IRON COM 167250109 244 7414 SH SOLE 7414 0 0
CHINA HYDROELECTRIC CP-ADS COM 16949D101 662 89590 SH SOLE 89590 0 0
CHINA WIND SYSTEMS INC COM 16945F209 432 120720 SH SOLE 120720 0 0
CHURCHILL DOWNS INC COM COM 171484108 2193 50540 SH SOLE 50540 0 0
CINCINNATI BELL COM 171871106 140 50000 SH SOLE 50000 0 0
CIRCOR INTL INC COM COM 17273K109 2347 55500 SH SOLE 55500 0 0
CNA SURETY CORP COM COM 12612L108 900 38000 SH SOLE 38000 0 0
COHEN & STEERS INC COM COM 19247A100 1775 68000 SH SOLE 68000 0 0
COLDWATER CREEK INC COM COM 193068103 650 205000 SH SOLE 205000 0 0
COLUMBIA BKG SYS INC COM COM 197236102 263 12501 SH SOLE 12501 0 0
COMMUNICATIONS SYS COM 203900105 743 52900 SH SOLE 52900 0 0
COMMUNITY HEALTH SYS INC NEWCO COM 203668108 448 11998 SH SOLE 11998 0 0
COMPUTER TASK GROUP INC COM COM 205477102 729 67038 SH SOLE 67038 0 0
COMVERGE INC COM COM 205859101 726 105080 SH SOLE 105080 0 0
CONSOLIDATED WATER CO LTD ORD COM G23773107 367 40000 SH SOLE 40000 0 0
CONTINUCARE CORP COM COM 212172100 2805 599300 SH SOLE 599300 0 0
CORE MOLDING TECH COM COM 218683100 1409 244690 SH SOLE 244690 0 0
CORINTHIAN COLLEGES INC COM COM 218868107 1459 280000 SH SOLE 280000 0 0
COWEN GROUP INC NEW CL A COM 223622101 47 10000 SH SOLE 10000 0 0
CROSS A T CO CL A COM 227478104 319 33063 SH SOLE 33063 0 0
CROWN MEDIA HLDGS INC CL A COM 228411104 131 49900 SH SOLE 49900 0 0
CRUCELL N V SPONSORED ADR COM 228769105 1316 42000 SH SOLE 42000 0 0
CTS CORP COM 126501105 2804 253500 SH SOLE 253500 0 0
CUTERA INC COM COM 232109108 678 81800 SH SOLE 81800 0 0
CYNOSURE INC CL A COM 232577205 626 61200 SH SOLE 61200 0 0
CYPRESS BIOSCIENCES INC COM PA COM 232674507 1750 270000 SH SOLE 270000 0 0
DANA HOLDING CORP COM COM 235825205 1807 105000 SH SOLE 105000 0 0
DAWSON GEOPHYSICAL CO COM COM 239359102 2122 66528 SH SOLE 66528 0 0
DELTA NAT GAS INC COM COM 247748106 888 28300 SH SOLE 28300 0 0
PORTVUE-SEC13F.LNP TETON ADVISORS, INC. PAGE 51
RUN DATE: 01/31/11 8:26 A.M.
FORM 13F INFORMATION TABLE
AS OF DATE: 12/31/10
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
DENNYS CORP COM COM 24869P104 309 86200 SH SOLE 86200 0 0
DOVER DOWNS GAMING & ENTMT INC COM 260095104 870 256000 SH SOLE 256000 0 0
DOVER MOTORSPORTS INC.(B:DVD) COM 260174107 423 237500 SH SOLE 237500 0 0
DU PONT E I DE NEMOURS CO COM 263534109 224 4500 SH SOLE 4500 0 0
DUCOMMUN INC DEL COM COM 264147109 956 43889 SH SOLE 43889 0 0
DXP ENTERPRISES INC NEW COM NE COM 233377407 475 19796 SH SOLE 19796 0 0
EASTERN CO COM COM 276317104 571 32000 SH SOLE 32000 0 0
EDGAR ONLINE INC COM 279765101 81 67500 SH SOLE 67500 0 0
EDGEWATER TECHNOLOGY INC COM COM 280358102 1374 584686 SH SOLE 584686 0 0
ELECTRO SCIENTIFIC INDS INC CO COM 285229100 1171 73049 SH SOLE 73049 0 0
ENERGY RECOVERY INC COM 29270J100 128 35000 SH SOLE 35000 0 0
ENTEGRIS INC COM COM 29362U104 1268 169807 SH SOLE 169807 0 0
ENTERCOM COMMUNICATIONS CORPCL COM 293639100 855 73800 SH SOLE 73800 0 0
ENTRAVISION COMM CORP CL A COM 29382R107 545 212141 SH SOLE 212141 0 0
ENTROPIC COMMUNICATIONS INC CO COM 29384R105 957 79200 SH SOLE 79200 0 0
EPOCH HOLDING CORP COM 29428R103 6363 409733 SH SOLE 409733 0 0
ESTERLINE TECHNOLOGIES CORP CO COM 297425100 326 4759 SH SOLE 4759 0 0
EXACTECH INC COM COM 30064E109 1982 105300 SH SOLE 105300 0 0
FAIR ISAAC & CO INC COM COM 303250104 590 25258 SH SOLE 25258 0 0
FAMOUS DAVES AMER INC COM COM 307068106 563 50500 SH SOLE 50500 0 0
FARO TECHNOLOGIES INC COM COM 311642102 304 9262 SH SOLE 9262 0 0
FEDERAL MOGUL CORP CL A COM 313549404 494 23900 SH SOLE 23900 0 0
FEDERAL SIGNAL CORP COM COM 313855108 1328 193539 SH SOLE 193539 0 0
FERRO CORP COM 315405100 8235 562469 SH SOLE 562469 0 0
FIDELITY NATL TITLE GROUP INCO COM 31620R105 196 14331 SH SOLE 14331 0 0
FIDELITY SOUTHERN CORP COM 316394105 73 10494 SH SOLE 10494 0 0
FIRST NIAGARA FINL GP INC COM COM 33582V108 350 25000 SH SOLE 25000 0 0
FISHER COMMUNICATIONS INC COM COM 337756209 2993 137300 SH SOLE 137300 0 0
FLOW INTL CORP COM COM 343468104 627 153400 SH SOLE 153400 0 0
FLUSHING FINL CORP COM COM 343873105 1770 126400 SH SOLE 126400 0 0
FORMFACTOR INC COM COM 346375108 593 66736 SH SOLE 66736 0 0
FSI INTL INC COM COM 302633102 66 15000 SH SOLE 15000 0 0
FTI CONSULTING INC COM COM 302941109 771 20675 SH SOLE 20675 0 0
FURMANITE CORPORATION COM 361086101 1920 277800 SH SOLE 277800 0 0
GASTAR EXPL LTD COM NEW COM 367299203 412 95800 SH SOLE 95800 0 0
GENCORP INC COM 368682100 4595 888800 SH SOLE 888800 0 0
GENERAL MILLS INC COM 370334104 268 7522 SH SOLE 7522 0 0
GERBER SCIENTIFIC INSTR COM 373730100 2242 284829 SH SOLE 284829 0 0
GLOBAL SOURCES LTD COM COM G39300101 2791 293208 SH SOLE 293208 0 0
GLOBE SPECIALTY METALS INC COM COM 37954N206 353 20638 SH SOLE 20638 0 0
GOODRICH PETE CORP COM NEW COM 382410405 340 19263 SH SOLE 19263 0 0
GORMAN RUPP CO COM 383082104 259 8000 SH SOLE 8000 0 0
GP STRATEGIES CORP COM COM 36225V104 877 85631 SH SOLE 85631 0 0
GRAFTECH INTERNATIONAL COM 384313102 351 17689 SH SOLE 17689 0 0
PORTVUE-SEC13F.LNP TETON ADVISORS, INC. PAGE 52
RUN DATE: 01/31/11 8:26 A.M.
FORM 13F INFORMATION TABLE
AS OF DATE: 12/31/10
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
GRAHAM CORP COM COM 384556106 876 43800 SH SOLE 43800 0 0
GRAY TELEVISION, INC COM 389375106 1138 608500 SH SOLE 608500 0 0
GRAY TELEVISION, INC CL A COM 389375205 55 30832 SH SOLE 30832 0 0
GREAT ATLANTIC & PAC TEA INCCO COM 390064103 72 343500 SH SOLE 343500 0 0
GREENBRIER COS INC COM 393657101 304 14500 SH SOLE 14500 0 0
GRIFFIN LAND & NUR COM 398231100 1781 55000 SH SOLE 55000 0 0
GRIFFON CORP COM COM 398433102 3214 252288 SH SOLE 252288 0 0
GSE SYS INC COM COM 36227K106 164 45300 SH SOLE 45300 0 0
GULF ISLAND FABRICATION INC CO COM 402307102 634 22500 SH SOLE 22500 0 0
HAIN CELESTIAL GROUP INC COM 405217100 1191 44000 SH SOLE 44000 0 0
HALLIBURTON COMPANY COM 406216101 204 5000 SH SOLE 5000 0 0
HALLMARK FINL SVCS INC ECCOM N COM 40624Q203 386 42439 SH SOLE 42439 0 0
HAWKINS INC COM COM 420261109 1354 30500 SH SOLE 30500 0 0
HEADWATERS INC COM COM 42210P102 830 181300 SH SOLE 181300 0 0
HEELYS INC COM COM 42279M107 173 57000 SH SOLE 57000 0 0
HERITAGE FINANCIAL GROUP(NEW) COM 42726X102 364 29319 SH SOLE 29319 0 0
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HICKORY TECH CORP COM COM 429060106 574 60000 SH SOLE 60000 0 0
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HOT TOPIC INC COM 441339108 391 62200 SH SOLE 62200 0 0
HUDSON VALLEY HOLDING CORP COM COM 444172100 1485 59970 SH SOLE 59970 0 0
ICF INTL INC COM COM 44925C103 639 24859 SH SOLE 24859 0 0
ICO GLOBAL COMM HLDGS LTD DECL COM 44930K108 34 22900 SH SOLE 22900 0 0
IDEX CORP COM 45167R104 792 20247 SH SOLE 20247 0 0
IMAX CORP COM COM 45245E109 1384 49300 SH SOLE 49300 0 0
INGLES MKTS INC CL A COM 457030104 2423 126200 SH SOLE 126200 0 0
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INTERCLICK INC COM NEW COM 458483203 217 40400 SH SOLE 40400 0 0
INTERNAP NETWORK SVCS CORP COM COM 45885A300 687 113000 SH SOLE 113000 0 0
INTERNATIONAL RECTIFIER CORPCO COM 460254105 887 29861 SH SOLE 29861 0 0
INTRICON CORP COM COM 46121H109 663 169500 SH SOLE 169500 0 0
IRIS INTL INC COM COM 46270W105 4651 454601 SH SOLE 454601 0 0
IXYS CORP DEL COM COM 46600W106 562 48400 SH SOLE 48400 0 0
JONES GROUP INC COM COM 48020T101 179 11500 SH SOLE 11500 0 0
JOURNAL COMM INC-A COM 481130102 5681 1124900 SH SOLE 1124900 0 0
KAISER FEDERAL BANK COM 483056107 347 30000 SH SOLE 30000 0 0
KAMAN CORP COM 483548103 3384 116415 SH SOLE 116415 0 0
KAR AUCTION SVCS INC COM COM 48238T109 338 24500 SH SOLE 24500 0 0
KBW INC COM 482423100 627 22441 SH SOLE 22441 0 0
KEY TECHNOLOGY INC COM COM 493143101 1036 60911 SH SOLE 60911 0 0
KID BRANDS, INC. COM COM 49375T100 740 86500 SH SOLE 86500 0 0
KKR & CO. L.P COM 48248M102 1290 90843 SH SOLE 90843 0 0
KRAFT FOODS INC CL A COM COM 50075N104 221 7000 SH SOLE 7000 0 0
PORTVUE-SEC13F.LNP TETON ADVISORS, INC. PAGE 53
RUN DATE: 01/31/11 8:26 A.M.
FORM 13F INFORMATION TABLE
AS OF DATE: 12/31/10
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
KRATOS DEFENSE & SEC SOLUTIOCO COM 50077B207 827 62795 SH SOLE 62795 0 0
LAKELAND INDS INC COM COM 511795106 134 15300 SH SOLE 15300 0 0
LAWSON SOFTWARE INC NEW COM COM 52078P102 162 17501 SH SOLE 17501 0 0
LAYNE CHRISTENSEN CO COM COM 521050104 1377 40000 SH SOLE 40000 0 0
LECROY CORP COM COM 52324W109 2702 274561 SH SOLE 274561 0 0
LEMAITRE VASCULAR INC COM COM 525558201 325 48000 SH SOLE 48000 0 0
LIFEWAY FOODS INC COM COM 531914109 1942 203300 SH SOLE 203300 0 0
LIMONEIRA CO COM COM 532746104 431 15000 SH SOLE 15000 0 0
LIN TV CORP CL A COM 532774106 583 110000 SH SOLE 110000 0 0
LINDSAY CORP COM 535555106 357 6000 SH SOLE 6000 0 0
LITTELFUSE INC COM 537008104 413 8767 SH SOLE 8767 0 0
LYDALL INC COM COM 550819106 216 26878 SH SOLE 26878 0 0
L-1 IDENTITY SOLUTIONS INC COM 50212A106 2978 250000 SH SOLE 250000 0 0
MAGMA DESIGN AUTOMATION COM COM 559181102 516 103070 SH SOLE 103070 0 0
MAGNETEK INC COM COM 559424106 746 552557 SH SOLE 552557 0 0
MANITOWOC CO COM COM 563571108 250 19098 SH SOLE 19098 0 0
MARCUS CORP COM COM 566330106 889 67000 SH SOLE 67000 0 0
MARINE PRODS CORP COM COM 568427108 2294 344430 SH SOLE 344430 0 0
MARINEMAX INC COM COM 567908108 117 12500 SH SOLE 12500 0 0
MATERIAL SCIENCES CORP COM COM 576674105 1135 177400 SH SOLE 177400 0 0
MATRIX SVC CO COM COM 576853105 133 10900 SH SOLE 10900 0 0
MATRIXX INITIATIVES INC COM COM 57685L105 423 50000 SH SOLE 50000 0 0
MEADOWBROOK INS GROUP INC COM COM 58319P108 286 27900 SH SOLE 27900 0 0
MEDALLION FINANCIAL CORP COM 583928106 492 60000 SH SOLE 60000 0 0
MEDIA GENERAL CL A COM 584404107 4086 706900 SH SOLE 706900 0 0
MEDIACOM COMMUNICATIONS CORPCL COM 58446K105 1355 160000 SH SOLE 160000 0 0
MERCURY COMPUTER SYS INC COM COM 589378108 880 47876 SH SOLE 47876 0 0
MESA LABS INC COM COM 59064R109 1425 47500 SH SOLE 47500 0 0
MET PRO CORP COM COM 590876306 941 79700 SH SOLE 79700 0 0
METHODE ELECTRS INC CL A COM 591520200 973 75000 SH SOLE 75000 0 0
MGE ENERGY INC COM 55277P104 1304 30500 SH SOLE 30500 0 0
MGP INGREDIENTS INC COM COM 55302G103 166 15000 SH SOLE 15000 0 0
MICROSEMI CORP COM COM 595137100 285 12454 SH SOLE 12454 0 0
MIDAS GROUP INC COM COM 595626102 2042 251800 SH SOLE 251800 0 0
MIDDLEBY CORP COM COM 596278101 1249 14800 SH SOLE 14800 0 0
MINE SAFETY APPLIANCES CO COM COM 602720104 759 24371 SH SOLE 24371 0 0
MODINE MFG CO COM 607828100 1454 93800 SH SOLE 93800 0 0
MOLEX INC COM 608554101 716 31511 SH SOLE 31511 0 0
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MOSY INC COM 619718109 395 69500 SH SOLE 69500 0 0
MOVADO GROUP INC COM COM 624580106 207 12800 SH SOLE 12800 0 0
MVC CAP COM COM 553829102 511 35000 SH SOLE 35000 0 0
MYERS INDS INC COM 628464109 2707 277900 SH SOLE 277900 0 0
NARA BANCORP INC COM COM 63080P105 484 49100 SH SOLE 49100 0 0
PORTVUE-SEC13F.LNP TETON ADVISORS, INC. PAGE 54
RUN DATE: 01/31/11 8:26 A.M.
FORM 13F INFORMATION TABLE
AS OF DATE: 12/31/10
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
NASDAQ STOCK MARKET INC COM COM 631103108 221 9329 SH SOLE 9329 0 0
NATHANS FAMOUS INC NEW COM COM 632347100 2270 134729 SH SOLE 134729 0 0
NCR CORP NEW COM COM 62886E108 236 15358 SH SOLE 15358 0 0
NEOGEN CORP COM COM 640491106 3857 94000 SH SOLE 94000 0 0
NEW YORK CMNTY BANCORP INC COM COM 649445103 208 11055 SH SOLE 11055 0 0
NEWPORT CORP COM COM 651824104 1582 90754 SH SOLE 90754 0 0
NOBILITY HOMES INC COM COM 654892108 287 35400 SH SOLE 35400 0 0
NU HORIZONS ELECTRS CORP COM COM 669908105 907 130000 SH SOLE 130000 0 0
OIL DRI CORP AMER COM COM 677864100 1597 74300 SH SOLE 74300 0 0
OMNICELL INC COM COM 68213N109 254 17556 SH SOLE 17556 0 0
OMNOVA SOLUTIONS INC COM COM 682129101 2257 270000 SH SOLE 270000 0 0
ON SEMICONDUCTOR CORP COM COM 682189105 664 67202 SH SOLE 67202 0 0
OPKO HEALTH INC COM COM 68375N103 163 44300 SH SOLE 44300 0 0
ORITANI FINL CORP DEL COM COM 68633D103 490 40000 SH SOLE 40000 0 0
ORTHOFIX INTL N V ORD COM N6748L102 508 17500 SH SOLE 17500 0 0
OUTDOOR HLDGS INC (NEW) COM 690027206 90 12500 SH SOLE 12500 0 0
PAIN THERAPEUTICS INC COM COM 69562K100 795 117800 SH SOLE 117800 0 0
PALOMAR MED TECHNOLOGIES INCCO COM 697529303 288 20300 SH SOLE 20300 0 0
PARAMETRIC TECHNOLOGY CORP COM COM 699173209 856 37999 SH SOLE 37999 0 0
PARK ELECTROCHEMICAL CORP COM COM 700416209 1806 60216 SH SOLE 60216 0 0
PARK OHIO HLDGS CORP COM COM 700666100 805 38500 SH SOLE 38500 0 0
PATTERSON COMPANIES INC COM 703395103 745 24326 SH SOLE 24326 0 0
PATTERSON-UTI ENERGY INC COM COM 703481101 295 13668 SH SOLE 13668 0 0
PEETS COFFEE & TEA INC COM COM 705560100 417 10000 SH SOLE 10000 0 0
PENNICHUCK CORP COM NEW COM 708254206 2249 82200 SH SOLE 82200 0 0
PEP BOYS MANNY MOE & JACK COM 713278109 537 40000 SH SOLE 40000 0 0
PERICOM SEMICONDUCTOR CORP COM COM 713831105 841 76600 SH SOLE 76600 0 0
PETROHAWK ENERGY CORP COM COM 716495106 596 32635 SH SOLE 32635 0 0
PIER 1 IMPORTS INC SHS BEN INT COM 720279108 158 15000 SH SOLE 15000 0 0
PINNACLE ENTMT INC COM COM 723456109 372 26500 SH SOLE 26500 0 0
PREFORMED LINE PRODS CO COM COM 740444104 456 7788 SH SOLE 7788 0 0
PRG-SCHULTZ INTERNATIONAL INCO COM 69357C503 764 120656 SH SOLE 120656 0 0
PRIDE INTL INC COM COM 74153Q102 724 21926 SH SOLE 21926 0 0
PRIMEDIA INC COM NEW COM 74157K846 840 200000 SH SOLE 200000 0 0
PROGRESS SOFTWARE CORP COM COM 743312100 246 5803 SH SOLE 5803 0 0
PROVIDENCE & WORCESTER RR COCO COM 743737108 1377 82200 SH SOLE 82200 0 0
PULSE ELECTRONICS CORP COM COM 74586W106 2043 384100 SH SOLE 384100 0 0
PZENA INVESTMENT MGMT INC CLAS COM 74731Q103 331 45000 SH SOLE 45000 0 0
QLOGIC CORP COM COM 747277101 785 46132 SH SOLE 46132 0 0
QUIDEL CORP COM COM 74838J101 2113 146261 SH SOLE 146261 0 0
RAM ENERGY RESOURCES INC COM COM 75130P109 134 73000 SH SOLE 73000 0 0
READING INTERNATIONAL INC CL B COM 755408200 353 39300 SH SOLE 39300 0 0
READING INTL INC CL A COM 755408101 578 114500 SH SOLE 114500 0 0
RGC RES INC COM COM 74955L103 554 17700 SH SOLE 17700 0 0
PORTVUE-SEC13F.LNP TETON ADVISORS, INC. PAGE 55
RUN DATE: 01/31/11 8:26 A.M.
FORM 13F INFORMATION TABLE
AS OF DATE: 12/31/10
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
ROCHESTER MED CORP COM COM 771497104 4006 366890 SH SOLE 366890 0 0
ROCK OF AGES CORP DEL COM COM 772632105 616 117700 SH SOLE 117700 0 0
RPC INC. COMMON COM 749660106 1087 60000 SH SOLE 60000 0 0
RTI BIOLOGICS INC COM COM 74975N105 225 84400 SH SOLE 84400 0 0
RUSH ENTERPRISES INC CL A COM 781846209 713 34900 SH SOLE 34900 0 0
RUSH ENTERPRISES INC CL B COM 781846308 994 55000 SH SOLE 55000 0 0
S1 CORP COM 78463B101 322 46700 SH SOLE 46700 0 0
SALEM COMMUNICATIONS CORP DECL COM 794093104 881 278032 SH SOLE 278032 0 0
SANDERS MORRIS HARRIS GROUP CO COM 80000Q104 524 72300 SH SOLE 72300 0 0
SCHAWK INC CL A COM 806373106 774 37600 SH SOLE 37600 0 0
SCHIFF NUTRITION INTL INC COM COM 806693107 3244 357314 SH SOLE 357314 0 0
SCHMITT INDS INC ORE COM NEW COM 806870200 223 76100 SH SOLE 76100 0 0
SCHULMAN A INC COM COM 808194104 209 9109 SH SOLE 9109 0 0
SCRIPPS E W CO OHIO CL A COM 811054402 1472 145000 SH SOLE 145000 0 0
SEALED AIR CORP NEW COM 81211K100 309 12122 SH SOLE 12122 0 0
SEARCHMEDIA HOLDINGS LTD COM G8005Y106 161 51700 SH SOLE 51700 0 0
SHENANDOAH TELECOMMUNICATIONCD COM 82312B106 347 18500 SH SOLE 18500 0 0
SILICON IMAGE INC COM COM 82705T102 96 13000 SH SOLE 13000 0 0
SINCLAIR BROADCAST GROUP INCCL COM 829226109 409 50000 SH SOLE 50000 0 0
SJW CORP COM COM 784305104 2443 92300 SH SOLE 92300 0 0
SKYLINE CORP COM 830830105 556 21300 SH SOLE 21300 0 0
SL INDS INC COM COM 784413106 3566 203900 SH SOLE 203900 0 0
SMART BALANCE INC COM COM 83169Y108 195 45000 SH SOLE 45000 0 0
SNYDERS LANCE INC COM COM 833551104 2344 100000 SH SOLE 100000 0 0
SONESTA INTL HOTELS CORP CL A COM 835438409 3737 169900 SH SOLE 169900 0 0
STAMPS.COM INC (NEW) COM 852857200 2908 219438 SH SOLE 219438 0 0
STANDARD MTR PRODS INC CLASS A COM 853666105 3905 285036 SH SOLE 285036 0 0
STANDEX INTL CORP COM 854231107 1077 36000 SH SOLE 36000 0 0
STARRETT L S CO CL A COM 855668109 1619 138600 SH SOLE 138600 0 0
STEC INC COM COM 784774101 193 10949 SH SOLE 10949 0 0
STEINWAY MUSICAL INSTRS INC OR COM 858495104 766 38600 SH SOLE 38600 0 0
STEWART ENTERPRISES INC CL A COM 860370105 769 115000 SH SOLE 115000 0 0
STONERIDGE INC COM 86183P102 3289 208300 SH SOLE 208300 0 0
STRATEGIC DIAGNOSTICS INC COM COM 862700101 376 213900 SH SOLE 213900 0 0
STRATTEC SECURITY CORP. COM 863111100 4485 134400 SH SOLE 134400 0 0
SUPERIOR INDS INTL INC COM 868168105 1477 69600 SH SOLE 69600 0 0
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SVB FINL GROUP COM COM 78486Q101 771 14536 SH SOLE 14536 0 0
SWS GROUP INC COM 78503N107 352 69800 SH SOLE 69800 0 0
SYCAMORE NETWORKS INC COM NEW COM 871206405 429 20830 SH SOLE 20830 0 0
SYMMETRICOM INC COM COM 871543104 1070 150850 SH SOLE 150850 0 0
SYNERON MEDICAL LTD ORD SHS COM M87245102 979 96100 SH SOLE 96100 0 0
TECH OPS SEVCON INC COM 878293109 1944 270700 SH SOLE 270700 0 0
TELEFLEX INC COM 879369106 581 10792 SH SOLE 10792 0 0
PORTVUE-SEC13F.LNP TETON ADVISORS, INC. PAGE 56
RUN DATE: 01/31/11 8:26 A.M.
FORM 13F INFORMATION TABLE
AS OF DATE: 12/31/10
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
TENNANT CO COM 880345103 2343 61004 SH SOLE 61004 0 0
TENNECO AUTOMOTIVE INC COM COM 880349105 1646 40000 SH SOLE 40000 0 0
TERADATA CORP DEL COM COM 88076W103 772 18746 SH SOLE 18746 0 0
TESCO CORP COM COM 88157K101 1078 67900 SH SOLE 67900 0 0
TIER TECHNOLOGIES INC CL B COM 88650Q100 1077 179861 SH SOLE 179861 0 0
TIFFANY & CO NEW COM COM 886547108 598 9603 SH SOLE 9603 0 0
TITAN MACHY INC COM COM 88830R101 725 37579 SH SOLE 37579 0 0
TORO CO COM COM 891092108 688 11168 SH SOLE 11168 0 0
TRANS LUX CORP COM 893247106 8 50000 SH SOLE 50000 0 0
TRANSACT TECHNOLOGIES INC COM COM 892918103 2638 280000 SH SOLE 280000 0 0
TREDEGAR INDS INC COM 894650100 915 47223 SH SOLE 47223 0 0
TRIANGLE PETE CORP COM NEW COM 89600B201 228 35000 SH SOLE 35000 0 0
TRIDENT MICROSYSTEMS INC COM COM 895919108 40 22300 SH SOLE 22300 0 0
TRINITY INDS INC COM 896522109 451 16960 SH SOLE 16960 0 0
TTM TECHNOLOGIES INC COM COM 87305R109 329 22071 SH SOLE 22071 0 0
TWIN DISC INC COM COM 901476101 2988 100068 SH SOLE 100068 0 0
U S ENERGY CORP WYO COM COM 911805109 123 20300 SH SOLE 20300 0 0
ULTRA CLEAN HLDGS INC COM COM 90385V107 1514 162605 SH SOLE 162605 0 0
ULTRALIFE BATTERIES INC COM COM 903899102 863 130550 SH SOLE 130550 0 0
ULTRATECH INC COM COM 904034105 1210 60850 SH SOLE 60850 0 0
UMPQUA HLDGS CORP COM COM 904214103 160 13136 SH SOLE 13136 0 0
UNITED GUARDIAN INC COM COM 910571108 1147 81900 SH SOLE 81900 0 0
UNIVERSAL TECHNICAL INST INCCO COM 913915104 2336 106100 SH SOLE 106100 0 0
VALLEY NATL BANCORP COM COM 919794107 226 15805 SH SOLE 15805 0 0
VALSPAR CORP COM COM 920355104 231 6714 SH SOLE 6714 0 0
VARIAN SEMICONDUCTOR EQUIPTMCO COM 922207105 643 17404 SH SOLE 17404 0 0
VASCULAR SOLUTIONS INC COM COM 92231M109 710 60600 SH SOLE 60600 0 0
VCA ANTECH INC COM COM 918194101 405 17398 SH SOLE 17398 0 0
VEECO INSTRS INC DEL COM COM 922417100 221 5139 SH SOLE 5139 0 0
VICOR CORP COM COM 925815102 966 58900 SH SOLE 58900 0 0
VILLAGE SUPER MKT INC CL A NEW COM 927107409 340 10300 SH SOLE 10300 0 0
VISHAY INTERTECHNOLOGY INC COM 928298108 397 27010 SH SOLE 27010 0 0
WABASH NATL CORP COM COM 929566107 1257 106100 SH SOLE 106100 0 0
WABCO HLDGS INC COM COM 92927K102 375 6150 SH SOLE 6150 0 0
WASHINGTON FED INC COM 938824109 453 26766 SH SOLE 26766 0 0
WASHINGTON TR BANCORP COM COM 940610108 474 21671 SH SOLE 21671 0 0
WEBSTER FINL CORP WATERBURY CO COM 947890109 199 10120 SH SOLE 10120 0 0
WESTFIELD FINANCIAL INC NEW CO COM 96008P104 618 66850 SH SOLE 66850 0 0
WET SEAL INC/THE-CLASS A COM 961840105 774 209100 SH SOLE 209100 0 0
WHITNEY HLDG CORP COM 966612103 567 40039 SH SOLE 40039 0 0
WHX CORP COM 929248607 4646 356800 SH SOLE 356800 0 0
WILLAMETTE VY VINEYARD INC COM COM 969136100 64 18300 SH SOLE 18300 0 0
WILLIAMS SONOMA INC COM COM 969904101 735 20594 SH SOLE 20594 0 0
WILSHIRE BANCORP INC COM COM 97186T108 290 38100 SH SOLE 38100 0 0
PORTVUE-SEC13F.LNP TETON ADVISORS, INC. PAGE 57
RUN DATE: 01/31/11 8:26 A.M.
FORM 13F INFORMATION TABLE
AS OF DATE: 12/31/10
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
WINDSTREAM CORP COM COM 97381W104 249 17875 SH SOLE 17875 0 0
WINNEBAGO INDS INC COM COM 974637100 654 43000 SH SOLE 43000 0 0
YORK WTR CO COM COM 987184108 493 28500 SH SOLE 28500 0 0
YOUNG INNOVATIONS INC COM COM 987520103 746 23300 SH SOLE 23300 0 0
ZEBRA TECHNOLOGIES CORP CL A COM 989207105 793 20871 SH SOLE 20871 0 0
ZEP INC COM 98944B108 3581 180150 SH SOLE 180150 0 0
ZORAN CORP COM COM 98975F101 1115 126700 SH SOLE 126700 0 0
ZYGO CORP COM COM 989855101 2499 204000 SH SOLE 204000 0 0