Mario Gabelli's position in PNM Resources is currently worth $32.6 Million. That's 0.35% of their equity portfolio (68th largest holding). The first PNM Resources trade was made in Q3 2002. Since then Mario Gabelli bought shares eighteen more times and sold shares on 55 occasions. The stake costed the investor $8.95 Million, netting the investor a gain of 265% so far.