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 |
Belden
BDC
|
+$4.97M |
| 2 |
EXTN
Exterran Corporation
EXTN
|
+$2.8M |
| 3 |
Cavco Industries
CVCO
|
+$2.69M |
| 4 |
BMCH
BMC Stock Holdings, Inc
BMCH
|
+$1.7M |
| 5 |
SEACOR Marine Holdings
SMHI
|
+$1.64M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
ATW
Atwood Oceanics
ATW
|
+$1M |
| 2 |
CCLP
CSI Compressco LP
CCLP
|
+$317K |
| 3 |
Helix Energy Solutions
HLX
|
+$272K |
| 4 |
Helmerich & Payne
HP
|
+$113K |
| 5 |
XRM
Xerium Technologies Inc (new)
XRM
|
+$95K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 28.31% |
| 2 | Industrials | 21.71% |
| 3 | Energy | 16.8% |
| 4 | Materials | 16.23% |
| 5 | Real Estate | 5.23% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
BMCH
1
DELISTED
BMC Stock Holdings, Inc
BMCH
| $63.2M | 19.05% |
3,257,763
+77,866
| +2% | +$1.7M |
|
2
Builders FirstSource
BLDR
$7.55B
| $33.1M | 9.97% |
2,172,902
-2,158
| -0.1% | -$32.2K |
|
3
LSB Industries
LXU
$801M
| $22.3M | 6.72% |
2,862,750
+58,690
| +2% | +$417K |
|
|
4
Cavco Industries
CVCO
$4.48B
| $18.6M | 5.62% |
172,723
+22,563
| +15% | +$2.69M |
|
5
Westlake Corp
WLK
$10.1B
| $17.8M | 5.37% |
271,165
-380
| -0.1% | -$24.1K |
|
|
PHX
6
DELISTED
PHX Minerals
PHX
| $17.4M | 5.26% |
754,201
-2,636
| -0.3% | -$53.6K |
|
7
Jefferies Financial Group
JEF
$12.1B
| $15.3M | 4.61% |
663,188
-508
| -0.1% | -$11.6K |
|
|
OSB
8
DELISTED
Norbord Inc.
OSB
| $13.8M | 4.15% |
412,613
-859
| -0.2% | -$25.4K |
|
|
ATW
9
DELISTED
Atwood Oceanics
ATW
| $10.5M | 3.16% |
1,181,154
-116,630
| -9% | -$1M |
|
|
EXTN
10
DELISTED
Exterran Corporation
EXTN
| $9.89M | 2.98% |
471,616
+98,729
| +26% | +$2.8M |
|
|
OMN
11
DELISTED
OMNOVA Solutions Inc.
OMN
| $9.89M | 2.98% |
1,031,139
-1,100
| -0.1% | -$9.94K |
|
12
Lincoln Electric
LECO
$15.4B
| $8.96M | 2.7% |
98,485
-230
| -0.2% | -$20.7K |
|
13
Methode Electronics
MEI
$507M
| $8.81M | 2.65% |
217,925
+465
| +0.2% | +$19.4K |
|
|
UMH
14
UMH Properties
UMH
$1.41B
| $8.54M | 2.57% |
515,814
+6,175
| +1% | +$102K |
|
15
Insteel Industries
IIIN
$599M
| $7.83M | 2.36% |
238,298
-2,115
| -0.9% | -$70.6K |
|
16
RadNet
RDNT
$6.05B
| $6.68M | 2.01% |
742,316
-6,100
| -0.8% | -$41.5K |
|
17
Canadian Natural Resources
CNQ
$106B
| $6.21M | 1.87% |
439,477
-4,799
| -1% | -$72.2K |
|
18
Western Digital
WDC
$166B
| $5.02M | 1.51% |
75,318
-675
| -0.9% | -$44.8K |
|
19
AMREP Corp
AXR
$122M
| $4.8M | 1.45% |
715,504
-569
| -0.1% | -$3.68K |
|
20
Dana Inc
DAN
$3.41B
| $4.36M | 1.31% |
195,325
| – | – |
|
|
21
Helmerich & Payne
HP
$4.35B
| $4.14M | 1.25% |
52,884
-1,928
| -4% | -$113K |
|
|
VWTR
22
DELISTED
Vidler Water Resouces, Inc. Common Stock
VWTR
| $4.01M | 1.21% |
236,695
+4,105
| +2% | +$67.2K |
|
23
Gibraltar Industries
ROCK
$1.38B
| $3.65M | 1.1% |
105,408
+2,280
| +2% | +$80.5K |
|
24
Tidewater
TDW
$4.74B
| $3.3M | 1% |
135,078
-191
| -0.1% | -$5.13K |
|
|
CKH
25
DELISTED
Seacor Holdings Inc.
CKH
| $2.93M | 0.88% |
91,308
+1,763
| +2% | +$93.4K |
|
Similar funds
Bob Robotti's Q2 2017 Portfolio in Review
As of Q2 2017, Bob Robotti held 54 positions worth $332M, down 1.9% from $339M the previous quarter. Its ten largest holdings account for 67% of the portfolio.
Bob Robotti deployed $13.4M of net new capital in Q2 2017, opening 6 new positions and adding to 16 existing holdings. Its largest new stake was Belden: 69,552 shares worth $264K.
By sector, the portfolio is most concentrated in Consumer Discretionary at 28% of assets, down from 30% a quarter earlier, followed by Industrials and Energy.
On the sell side, the largest reduction was Atwood Oceanics, an estimated $1M trimmed.
- Bob Robotti's largest Q2 2017 buy was Belden: 69,552 shares worth $264K.
- Bob Robotti added most to Exterran Corporation in Q2 2017, an estimated $2.8M increase.
- Bob Robotti's biggest Q2 2017 reduction was Atwood Oceanics, cutting an estimated $1M.
- Bob Robotti fully exited CSI Compressco LP in Q2 2017, selling an estimated $317K.
- Bob Robotti's ten largest holdings make up 67% of its $332M portfolio in Q2 2017.
- Bob Robotti opened 6 new positions and closed 2 in Q2 2017.
- Bob Robotti's portfolio value fell 1.9% quarter-over-quarter to $332M.
Based on Robotti Robert's 13F filing for Q2 2017, filed 9 Aug 2017.