Gabelli Funds LLC reduced its stake in shares of ConocoPhillips (NYSE:COP – Free Report) by 0.7% in the fourth quarter, HoldingsChannel reports. The firm owned 529,600 shares of the energy producer’s stock after selling 3,800 shares during the period. Gabelli Funds LLC’s holdings in ConocoPhillips were worth $61,471,000 as of its most recent SEC filing. […]