Bob Robotti Robotti Robert
Bob Robotti is the founder of Robotti & Company, a value-oriented investment firm with a long history of fundamental research. He is known for concentrating in sectors where he believes the market misunderstands asset value, including energy services and industrial businesses at various points in the cycle. Robotti’s filings attract investors who track small- and mid-cap value specialists.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Tidewater
TDW
|
+$6.78M |
| 2 |
BMCH
BMC Stock Holdings, Inc
BMCH
|
+$1.7M |
| 3 |
RadNet
RDNT
|
+$1.34M |
| 4 |
LSB Industries
LXU
|
+$1.11M |
| 5 |
ATW
Atwood Oceanics
ATW
|
+$541K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Cavco Industries
CVCO
|
+$1.57M |
| 2 |
Gibraltar Industries
ROCK
|
+$1.42M |
| 3 |
Canadian Natural Resources
CNQ
|
+$1.07M |
| 4 |
OMN
OMNOVA Solutions Inc.
OMN
|
+$507K |
| 5 |
PTVCA
Protective Insurance Corporation Class A Common Stock
PTVCA
|
+$401K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 30.91% |
| 2 | Industrials | 20.66% |
| 3 | Energy | 18.65% |
| 4 | Materials | 14.29% |
| 5 | Real Estate | 5.07% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
BMCH
1
DELISTED
BMC Stock Holdings, Inc
BMCH
| $57.8M | 19.85% |
3,262,772
+87,187
| +3% | +$1.7M |
|
2
Builders FirstSource
BLDR
$7.55B
| $25M | 8.56% |
2,168,457
+21,481
| +1% | +$270K |
|
|
3
Cavco Industries
CVCO
$4.48B
| $17.1M | 5.86% |
172,323
-15,750
| -8% | -$1.57M |
|
|
4
LSB Industries
LXU
$801M
| $16.5M | 5.67% |
2,503,003
+131,040
| +6% | +$1.11M |
|
5
Westlake Corp
WLK
$10.1B
| $14.5M | 4.97% |
270,845
-1,035
| -0.4% | -$49.9K |
|
|
PHX
6
DELISTED
PHX Minerals
PHX
| $13.3M | 4.56% |
758,659
-5,659
| -0.7% | -$95.6K |
|
7
Jefferies Financial Group
JEF
$12.1B
| $11.9M | 4.08% |
697,931
-8,752
| -1% | -$145K |
|
|
ATW
8
DELISTED
Atwood Oceanics
ATW
| $11.2M | 3.83% |
1,283,404
+57,051
| +5% | +$541K |
|
|
OSB
9
DELISTED
Norbord Inc.
OSB
| $10.7M | 3.65% |
414,079
-6,410
| -2% | -$152K |
|
|
OMN
10
DELISTED
OMNOVA Solutions Inc.
OMN
| $9.01M | 3.09% |
1,067,964
-54,500
| -5% | -$507K |
|
|
11
Tidewater
TDW
$4.74B
| $8.07M | 2.77% |
88,712
+56,922
| +179% | +$6.78M |
|
12
Methode Electronics
MEI
$507M
| $7.62M | 2.61% |
217,845
-2,300
| -1% | -$80.8K |
|
|
EXTN
13
DELISTED
Exterran Corporation
EXTN
| $7.38M | 2.53% |
470,941
+12,562
| +3% | +$174K |
|
|
14
Canadian Natural Resources
CNQ
$106B
| $7.09M | 2.43% |
451,607
-70,663
| -14% | -$1.07M |
|
15
Insteel Industries
IIIN
$599M
| $6.85M | 2.35% |
189,048
-1,950
| -1% | -$65.7K |
|
|
UMH
16
UMH Properties
UMH
$1.41B
| $6.31M | 2.17% |
529,639
-3,700
| -0.7% | -$44.7K |
|
17
Lincoln Electric
LECO
$15.4B
| $6.16M | 2.11% |
98,330
-4,335
| -4% | -$270K |
|
18
AMREP Corp
AXR
$122M
| $5.68M | 1.95% |
715,784
-2,820
| -0.4% | -$17.5K |
|
|
CKH
19
DELISTED
Seacor Holdings Inc.
CKH
| $5.25M | 1.8% |
91,174
-853
| -0.9% | -$46.9K |
|
|
20
RadNet
RDNT
$6.05B
| $5M | 1.71% |
674,966
+210,491
| +45% | +$1.34M |
|
21
Liquidity Services
LQDT
$1.36B
| $4.7M | 1.61% |
417,794
+11,425
| +3% | +$106K |
|
22
Helmerich & Payne
HP
$4.35B
| $4.31M | 1.48% |
64,016
-560
| -0.9% | -$35.1K |
|
|
23
Gibraltar Industries
ROCK
$1.38B
| $3.96M | 1.36% |
106,633
-38,660
| -27% | -$1.42M |
|
|
XRM
24
DELISTED
Xerium Technologies Inc (new)
XRM
| $3.34M | 1.15% |
420,430
-5,150
| -1% | -$41K |
|
25
Western Digital
WDC
$166B
| $3.32M | 1.14% |
75,219
-463
| -0.6% | -$17.4K |
|
Similar funds
Bob Robotti's Q3 2016 Portfolio in Review
As of Q3 2016, Bob Robotti held 53 positions worth $291M, up 5% from $278M the previous quarter. Its ten largest holdings account for 64% of the portfolio.
Bob Robotti's Q3 2016 filing shows 2 new, 12 increased, 27 reduced and 4 closed positions. Its largest new stake was Cummins: 1,765 shares worth $226K. The largest sale was Cavco Industries, an estimated $1.57M.
By sector, the portfolio is most concentrated in Consumer Discretionary at 31% of assets, up from 31% a quarter earlier, followed by Industrials and Energy.
- Bob Robotti's largest Q3 2016 buy was Cummins: 1,765 shares worth $226K.
- Bob Robotti added most to Tidewater in Q3 2016, an estimated $6.78M increase.
- Bob Robotti's biggest Q3 2016 reduction was Cavco Industries, cutting an estimated $1.57M.
- Bob Robotti fully exited Protective Insurance Corporation Class A Common Stock in Q3 2016, selling an estimated $401K.
- Bob Robotti's ten largest holdings make up 64% of its $291M portfolio in Q3 2016.
- Bob Robotti opened 2 new positions and closed 4 in Q3 2016.
- Bob Robotti's portfolio value rose 5% quarter-over-quarter to $291M.
Based on Robotti Robert's 13F filing for Q3 2016, filed 9 Nov 2016.