Mario Gabelli acquired 130 Thousand Verizon Communications shares worth $5.09 Million. That's 0.05% of their equity portfolio (318th largest holding). The first Verizon Communications trade was made in Q1 2001. Since then Mario Gabelli bought shares 24 more times and sold shares on 64 occasions. The stake costed the investor $4.38 Million, netting the investor a gain of 16% so far.