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 |
Berkshire Hathaway Class B
BRK.B
|
+$1.84M |
| 2 |
Canadian Solar
CSIQ
|
+$1.64M |
| 3 |
Western Digital
WDC
|
+$1.35M |
| 4 |
VWTR
Vidler Water Resouces, Inc. Common Stock
VWTR
|
+$1.24M |
| 5 |
Elastic
ESTC
|
+$982K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
BMCH
BMC Stock Holdings, Inc
BMCH
|
+$6.75M |
| 2 |
Builders FirstSource
BLDR
|
+$6.51M |
| 3 |
GAN
GAN Ltd
GAN
|
+$5.2M |
| 4 |
UMH
UMH Properties
UMH
|
+$777K |
| 5 |
Westlake Corp
WLK
|
+$514K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 32.35% |
| 2 | Industrials | 24.89% |
| 3 | Materials | 14.89% |
| 4 | Energy | 9.21% |
| 5 | Technology | 5.72% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Builders FirstSource
BLDR
$7.55B
| $43.3M | 16.71% |
1,327,934
-239,648
| -15% | -$6.51M |
|
|
BMCH
2
DELISTED
BMC Stock Holdings, Inc
BMCH
| $40.1M | 15.49% |
937,140
-204,975
| -18% | -$6.75M |
|
|
3
Westlake Corp
WLK
$10.1B
| $16.9M | 6.52% |
267,376
-8,702
| -3% | -$514K |
|
4
Tidewater
TDW
$4.74B
| $16.7M | 6.44% |
2,488,217
-35,611
| -1% | -$234K |
|
|
OSB
5
DELISTED
Norbord Inc.
OSB
| $16.1M | 6.2% |
544,988
-16,428
| -3% | -$512K |
|
|
GAN
6
DELISTED
GAN Ltd
GAN
| $10.6M | 4.11% |
629,748
-245,252
| -28% | -$5.2M |
|
7
Jefferies Financial Group
JEF
$12.1B
| $8.17M | 3.15% |
474,947
-18,994
| -4% | -$311K |
|
8
Cavco Industries
CVCO
$4.48B
| $7.42M | 2.86% |
41,121
-1,003
| -2% | -$191K |
|
9
Dana Inc
DAN
$3.41B
| $6.49M | 2.51% |
527,035
-19,705
| -4% | -$256K |
|
10
Lincoln Electric
LECO
$15.4B
| $6.04M | 2.33% |
65,622
-3,090
| -4% | -$285K |
|
11
GrafTech
EAF
$178M
| $5.98M | 2.31% |
87,460
-2,826
| -3% | -$197K |
|
12
Champion Homes
SKY
$4.9B
| $5.85M | 2.26% |
218,650
-345
| -0.2% | -$9.4K |
|
|
13
Western Digital
WDC
$166B
| $5.36M | 2.07% |
193,905
+45,339
| +31% | +$1.35M |
|
14
RadNet
RDNT
$6.05B
| $4.9M | 1.89% |
318,950
-15,350
| -5% | -$242K |
|
|
UMH
15
UMH Properties
UMH
$1.41B
| $4.5M | 1.74% |
332,072
-58,300
| -15% | -$777K |
|
16
Sea Limited
SE
$72B
| $3.85M | 1.49% |
25,000
| – | – |
|
17
Spotify
SPOT
$110B
| $3.4M | 1.31% |
14,000
| – | – |
|
18
Canadian Natural Resources
CNQ
$106B
| $3.25M | 1.26% |
415,147
-12,568
| -3% | -$113K |
|
19
Methode Electronics
MEI
$507M
| $3.13M | 1.21% |
109,921
-4,980
| -4% | -$144K |
|
20
LSB Industries
LXU
$801M
| $2.89M | 1.12% |
2,318,525
+262,943
| +13% | +$330K |
|
21
Insteel Industries
IIIN
$599M
| $2.88M | 1.11% |
154,198
-6,270
| -4% | -$118K |
|
22
AMREP Corp
AXR
$122M
| $2.87M | 1.11% |
512,733
-14,227
| -3% | -$68.5K |
|
|
23
Canadian Solar
CSIQ
$988M
| $2.85M | 1.1% |
81,057
+61,347
| +311% | +$1.64M |
|
24
Chemours
CC
$2.4B
| $2.63M | 1.01% |
125,600
-5,650
| -4% | -$109K |
|
|
25
Berkshire Hathaway Class B
BRK.B
$1.06T
| $2.58M | 1% |
12,112
+8,989
| +288% | +$1.84M |
|
Similar funds
Bob Robotti's Q3 2020 Portfolio in Review
As of Q3 2020, Bob Robotti held 64 positions worth $259M, up 12% from $232M the previous quarter. Its ten largest holdings account for 66% of the portfolio.
Bob Robotti withdrew a net $14.3M in Q3 2020, closing 3 positions and reducing 32 holdings. Its most notable exit was Gain Capital Holdings, Inc., an estimated $151K position sold in full.
By sector, the portfolio is most concentrated in Consumer Discretionary at 32% of assets, down from 36% a quarter earlier, followed by Industrials and Materials.
Against the trend, Bob Robotti opened a new position in Elastic worth $1.08M.
- Bob Robotti's largest Q3 2020 buy was Elastic: 10,000 shares worth $1.08M.
- Bob Robotti added most to Berkshire Hathaway Class B in Q3 2020, an estimated $1.84M increase.
- Bob Robotti's biggest Q3 2020 reduction was BMC Stock Holdings, Inc, cutting an estimated $6.75M.
- Bob Robotti fully exited Gain Capital Holdings, Inc. in Q3 2020, selling an estimated $151K.
- Bob Robotti's ten largest holdings make up 66% of its $259M portfolio in Q3 2020.
- Bob Robotti opened 3 new positions and closed 3 in Q3 2020.
- Bob Robotti's portfolio value rose 12% quarter-over-quarter to $259M.
Based on Robotti Robert's 13F filing for Q3 2020, filed 16 Nov 2020.