UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

SCHEDULE 13G

 

Under the Securities Exchange Act of 1934

 

(Amendment No. 1)*

 

(Name of Issuer)

 

(Title of Class of Securities)

 

(CUSIP Number)

(Date of Event which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

[X] Rule 13d-1(b)

[   ] Rule 13d-1(c)

[   ] Rule 13d-1(d)

*The remainder of this cover page shall be filled out for the reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

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CUSIP No. 81783K108

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Item 1(a).    Name of Issuer

 

Strattec Security Corporation (the "Issuer")

 

Item 1(b).    Address of Issuer's Principal Executive Offices

3333 West Good Hope Road

Milwaukee, Wisconsin 53209

 

Item 2(a).    Name of Person Filing

 

Gabelli Equity Series Funds, Inc. - The Gabelli Small Cap Growth Fund (the "Reporting Person")

 

Item 2(b).    Address of Principal Business Offices

 

One Corporate Center, Rye, N.Y. 10580

 

Item 2(c).    Citizenship

 

Maryland

 

Item 2(d).    Title of Class of Securities

 

Common Stock

Item 2(e).    CUSIP No.

 

                863111100

 

Item 3.

If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b) or (c), check whether the person filing is a:

a.	[  ] Broker or dealer registered under Section 15 of the Act;

b.	[  ] Bank as defined in Section 3(a)(6) of the Act;

c.	[  ] Insurance company as defined in Section 3(a)(19) of the Act;

d.	[X] Investment company registered under Section 8 of the Investment Company Act of 1940;

e.	[  ] An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E);

f.	[  ] An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F);

g.	[  ] A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G);

h.	[  ] A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);

i.	[  ] A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940;

j.	[  ] A non-U.S. institution in accordance with Rule 240.13d-1(b)(1)(ii)(J);

k.	[  ] Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with Rule 240.13d-1(b)(1)(ii)(J), please specify the type of institution: ____

Item 4.    Ownership

As of November 24, 2014, the Proxy Voting Committee of the Gabelli Small Cap Growth Fund has returned sole dispositive and voting power with respect to the 207,000 shares held by the Gabelli Small Cap Growth Fund to Gabelli Funds, LLC.

The Reporting Person ceased to be a beneficial owner of 5% or more of the Issuer's common stock on

November 24, 2014.

Item 5.    Ownership of Five Percent or Less of a Class

 If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following:  [X]

Item 6.    Ownership of More than 5 Percent on Behalf of Another Person

Not applicable.

Item 7.    Identification and Classification of the Subsidiary Which Acquired the Security

                   Being Reported on by the Parent Holding Company or Control Person

Not applicable.

Item 8.    Identification and Classification of Members of the Group

Not applicable.

Item 9.    Notice of Dissolution of Group.

Not applicable.

Item 10.    Certification.

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

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After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

GABELLI EQUITY SERIES FUNDS, INC. -

THE GABELLI SMALL CAP GROWTH FUND

By: /s/ Bruce N. Alpert____

   Bruce N. Alpert

   President

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