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 |
Teck Resources
TECK
|
+$2.74M |
| 2 |
Olin
OLN
|
+$1.37M |
| 3 |
EXTN
Exterran Corporation
EXTN
|
+$1.19M |
| 4 |
Tidewater
TDW
|
+$788K |
| 5 |
LBRDA
Liberty Broadband Class A
LBRDA
|
+$729K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Builders FirstSource
BLDR
|
+$27M |
| 2 |
Westlake Corp
WLK
|
+$9.65M |
| 3 |
CMCT
Creative Media & Community Trust
CMCT
|
+$2.12M |
| 4 |
EQC
Equity Commonwealth
EQC
|
+$1.12M |
| 5 |
GAN
GAN Ltd
GAN
|
+$575K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Industrials | 40.03% |
| 2 | Materials | 18% |
| 3 | Consumer Discretionary | 13.14% |
| 4 | Energy | 10.15% |
| 5 | Real Estate | 5.94% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Builders FirstSource
BLDR
$7.55B
| $159M | 32.19% |
1,853,364
-398,363
| -18% | -$27M |
|
2
West Fraser Timber
WFG
$5.46B
| $40.3M | 8.16% |
422,378
-2,369
| -0.6% | -$205K |
|
|
3
Tidewater
TDW
$4.74B
| $27.7M | 5.61% |
2,586,134
+67,085
| +3% | +$788K |
|
4
LSB Industries
LXU
$801M
| $19.5M | 3.96% |
1,766,451
-17,353
| -1% | -$164K |
|
5
Jefferies Financial Group
JEF
$12.1B
| $17.1M | 3.47% |
461,292
-6,239
| -1% | -$240K |
|
6
Champion Homes
SKY
$4.9B
| $16.8M | 3.4% |
212,180
-1,300
| -0.6% | -$93.9K |
|
7
Cavco Industries
CVCO
$4.48B
| $12.8M | 2.6% |
40,426
-279
| -0.7% | -$77.7K |
|
|
8
Westlake Corp
WLK
$10.1B
| $12.8M | 2.6% |
131,949
-99,021
| -43% | -$9.65M |
|
9
Dana Inc
DAN
$3.41B
| $11.7M | 2.37% |
513,220
-7,720
| -1% | -$179K |
|
10
Insteel Industries
IIIN
$599M
| $10.2M | 2.06% |
255,601
-3,049
| -1% | -$124K |
|
11
RadNet
RDNT
$6.05B
| $9.43M | 1.91% |
313,145
-4,905
| -2% | -$144K |
|
|
UMH
12
UMH Properties
UMH
$1.41B
| $9.15M | 1.85% |
334,825
-4,412
| -1% | -$106K |
|
13
Western Digital
WDC
$166B
| $9.14M | 1.85% |
185,506
-3,522
| -2% | -$153K |
|
14
Lincoln Electric
LECO
$15.4B
| $9.09M | 1.84% |
65,153
-857
| -1% | -$119K |
|
15
Canadian Natural Resources
CNQ
$106B
| $8.43M | 1.71% |
407,551
-6,197
| -1% | -$125K |
|
16
GrafTech
EAF
$178M
| $8.4M | 1.7% |
70,987
-81
| -0.1% | -$9.39K |
|
17
Noble Corp
NE
$7.39B
| $8.25M | 1.67% |
332,500
+25,000
| +8% | +$640K |
|
18
AMREP Corp
AXR
$122M
| $7.86M | 1.59% |
517,133
-1,172
| -0.2% | -$17.6K |
|
|
19
Olin
OLN
$2.1B
| $7.66M | 1.55% |
133,211
+24,406
| +22% | +$1.37M |
|
20
Sea Limited
SE
$72B
| $6.71M | 1.36% |
30,000
| – | – |
|
21
Methode Electronics
MEI
$507M
| $5.38M | 1.09% |
109,361
-1,820
| -2% | -$81.9K |
|
22
AerCap
AER
$23B
| $5.2M | 1.05% |
79,545
-1,004
| -1% | -$62.1K |
|
23
Legacy Housing
LEGH
$681M
| $4.79M | 0.97% |
181,125
-1,985
| -1% | -$44.3K |
|
|
VWTR
24
DELISTED
Vidler Water Resouces, Inc. Common Stock
VWTR
| $4.36M | 0.88% |
361,201
-9,460
| -3% | -$114K |
|
25
Chemours
CC
$2.4B
| $4.02M | 0.82% |
119,895
-2,000
| -2% | -$62.3K |
|
Similar funds
Bob Robotti's Q4 2021 Portfolio in Review
As of Q4 2021, Bob Robotti held 78 positions worth $493M, up 13% from $436M the previous quarter. Its ten largest holdings account for 66% of the portfolio.
Bob Robotti withdrew a net $33.2M in Q4 2021, closing 3 positions and reducing 32 holdings. Its most notable exit was Equity Commonwealth, an estimated $1.12M position sold in full.
By sector, the portfolio is most concentrated in Industrials at 40% of assets, up from 35% a quarter earlier, followed by Materials and Consumer Discretionary.
Against the trend, Bob Robotti opened a new position in Teck Resources worth $2.88M.
- Bob Robotti's largest Q4 2021 buy was Teck Resources: 100,000 shares worth $2.88M.
- Bob Robotti added most to Olin in Q4 2021, an estimated $1.37M increase.
- Bob Robotti's biggest Q4 2021 reduction was Builders FirstSource, cutting an estimated $27M.
- Bob Robotti fully exited Equity Commonwealth in Q4 2021, selling an estimated $1.12M.
- Bob Robotti's ten largest holdings make up 66% of its $493M portfolio in Q4 2021.
- Bob Robotti opened 5 new positions and closed 3 in Q4 2021.
- Bob Robotti's portfolio value rose 13% quarter-over-quarter to $493M.
Based on Robotti Robert's 13F filing for Q4 2021, filed 14 Feb 2022.