Mario Gabelli acquired 616k Wells Fargo shares worth $50.4M. That's 0.46% of their equity portfolio (51st largest holding). The first Wells Fargo trade was made in Q1 2001. Since then Mario Gabelli bought shares 22 more times and sold shares on 59 occasions. The stake costed the investor $17.9M, netting the investor a gain of 181% so far.