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
|
+$8.73M |
| 2 |
ESV
Ensco Rowan plc
ESV
|
+$2.82M |
| 3 |
GrafTech
EAF
|
+$1.94M |
| 4 |
Jefferies Financial Group
JEF
|
+$1.93M |
| 5 |
VNTR
Venator Materials PLC
VNTR
|
+$1.68M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
BMCH
BMC Stock Holdings, Inc
BMCH
|
+$8.82M |
| 2 |
RDC
Rowan Companies Plc
RDC
|
+$2.6M |
| 3 |
Builders FirstSource
BLDR
|
+$2.24M |
| 4 |
RVI
Retail Value Inc. Common Shares
RVI
|
+$982K |
| 5 |
BITA
Bitauto Holdings Limited
BITA
|
+$796K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Industrials | 25.17% |
| 2 | Energy | 21.03% |
| 3 | Consumer Discretionary | 20.28% |
| 4 | Materials | 15.23% |
| 5 | Real Estate | 5.2% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
BMCH
1
DELISTED
BMC Stock Holdings, Inc
BMCH
| $34M | 11.84% |
1,603,045
-424,690
| -21% | -$8.82M |
|
|
2
Builders FirstSource
BLDR
$7.55B
| $31.7M | 11.04% |
1,879,524
-149,439
| -7% | -$2.24M |
|
|
3
Tidewater
TDW
$4.74B
| $26M | 9.05% |
1,106,698
+379,734
| +52% | +$8.73M |
|
4
Westlake Corp
WLK
$10.1B
| $20.2M | 7.02% |
290,187
-5,420
| -2% | -$361K |
|
|
OSB
5
DELISTED
Norbord Inc.
OSB
| $12.2M | 4.24% |
491,209
-11,513
| -2% | -$272K |
|
|
PHX
6
DELISTED
PHX Minerals
PHX
| $9.53M | 3.32% |
730,547
-22,186
| -3% | -$318K |
|
|
7
Jefferies Financial Group
JEF
$12.1B
| $9.24M | 3.22% |
536,721
+112,215
| +26% | +$1.93M |
|
8
Western Digital
WDC
$166B
| $8.99M | 3.13% |
250,054
-8,123
| -3% | -$278K |
|
9
Cavco Industries
CVCO
$4.48B
| $8.39M | 2.92% |
53,269
-1,405
| -3% | -$191K |
|
10
RadNet
RDNT
$6.05B
| $8.2M | 2.86% |
594,668
-25,467
| -4% | -$327K |
|
11
LSB Industries
LXU
$801M
| $7.66M | 2.67% |
2,554,239
-59,337
| -2% | -$226K |
|
12
Lincoln Electric
LECO
$15.4B
| $7.06M | 2.46% |
85,766
-4,535
| -5% | -$377K |
|
|
13
GrafTech
EAF
$178M
| $6.05M | 2.11% |
52,658
+16,507
| +46% | +$1.94M |
|
14
Champion Homes
SKY
$4.9B
| $6.05M | 2.11% |
221,120
-1,820
| -0.8% | -$41.4K |
|
15
Canadian Natural Resources
CNQ
$106B
| $5.87M | 2.05% |
444,643
-19,920
| -4% | -$274K |
|
|
UMH
16
UMH Properties
UMH
$1.41B
| $5.72M | 1.99% |
461,025
-18,200
| -4% | -$245K |
|
|
GRUB
17
DELISTED
Just Eat Takeaway.com N.V. American Depositary Shares
GRUB
| $5.46M | 1.9% |
35,000
| – | – |
|
|
OMN
18
DELISTED
OMNOVA Solutions Inc.
OMN
| $5.45M | 1.9% |
875,249
-45,585
| -5% | -$304K |
|
|
ESV
19
DELISTED
Ensco Rowan plc
ESV
| $5.34M | 1.86% |
626,569
+244,420
| +64% | +$2.82M |
|
20
Methode Electronics
MEI
$507M
| $5.25M | 1.83% |
183,690
-9,842
| -5% | -$276K |
|
|
EXTN
21
DELISTED
Exterran Corporation
EXTN
| $4.86M | 1.69% |
341,461
-8,535
| -2% | -$125K |
|
22
Insteel Industries
IIIN
$599M
| $4.51M | 1.57% |
216,873
-8,287
| -4% | -$166K |
|
23
AMREP Corp
AXR
$122M
| $4.11M | 1.43% |
598,807
-14,619
| -2% | -$80.9K |
|
|
CKH
24
DELISTED
Seacor Holdings Inc.
CKH
| $3.74M | 1.3% |
78,736
-1,735
| -2% | -$76.2K |
|
|
VNTR
25
DELISTED
Venator Materials PLC
VNTR
| $3.73M | 1.3% |
704,175
+308,375
| +78% | +$1.68M |
|
Similar funds
Bob Robotti's Q2 2019 Portfolio in Review
As of Q2 2019, Bob Robotti held 66 positions worth $287M, up 1.3% from $283M the previous quarter. Its ten largest holdings account for 59% of the portfolio.
Bob Robotti's Q2 2019 filing shows 3 new, 8 increased, 39 reduced and 8 closed positions. Its largest new stake was Legacy Housing: 59,000 shares worth $735K. The largest sale was BMC Stock Holdings, Inc, an estimated $8.82M.
By sector, the portfolio is most concentrated in Industrials at 25% of assets, up from 23% a quarter earlier, followed by Energy and Consumer Discretionary.
- Bob Robotti's largest Q2 2019 buy was Legacy Housing: 59,000 shares worth $735K.
- Bob Robotti added most to Tidewater in Q2 2019, an estimated $8.73M increase.
- Bob Robotti's biggest Q2 2019 reduction was BMC Stock Holdings, Inc, cutting an estimated $8.82M.
- Bob Robotti fully exited Rowan Companies Plc in Q2 2019, selling an estimated $2.6M.
- Bob Robotti's ten largest holdings make up 59% of its $287M portfolio in Q2 2019.
- Bob Robotti opened 3 new positions and closed 8 in Q2 2019.
- Bob Robotti's portfolio value rose 1.3% quarter-over-quarter to $287M.
Based on Robotti Robert's 13F filing for Q2 2019, filed 14 Aug 2019.