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
|
+$11.4M |
| 2 |
LSB Industries
LXU
|
+$3.47M |
| 3 |
U-Haul Holding Co Series N
UHAL.B
|
+$1.15M |
| 4 |
ProShares Short QQQ
PSQ
|
+$358K |
| 5 |
Newmont
NEM
|
+$223K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Builders FirstSource
BLDR
|
+$8.04M |
| 2 |
West Fraser Timber
WFG
|
+$2.41M |
| 3 |
GRIN
Grindrod Shipping Holdings Ltd. Ordinary Shares
GRIN
|
+$2.39M |
| 4 |
Spotify
SPOT
|
+$2.34M |
| 5 |
Dana Inc
DAN
|
+$1.57M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Energy | 34.12% |
| 2 | Industrials | 27.8% |
| 3 | Materials | 17.82% |
| 4 | Consumer Discretionary | 8.95% |
| 5 | Financials | 3.33% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Tidewater
TDW
$4.74B
| $136M | 27.19% |
3,700,698
+375,124
| +11% | +$11.4M |
|
|
2
Builders FirstSource
BLDR
$7.55B
| $104M | 20.67% |
1,598,341
-128,660
| -7% | -$8.04M |
|
|
3
LSB Industries
LXU
$801M
| $25.5M | 5.09% |
1,919,063
+232,970
| +14% | +$3.47M |
|
|
4
West Fraser Timber
WFG
$5.46B
| $24.7M | 4.92% |
341,123
-31,601
| -8% | -$2.41M |
|
5
Westlake Corp
WLK
$10.1B
| $23.5M | 4.69% |
229,267
-699
| -0.3% | -$70.4K |
|
6
Champion Homes
SKY
$4.9B
| $14.9M | 2.97% |
289,221
-1,016
| -0.4% | -$54.1K |
|
7
Jefferies Financial Group
JEF
$12.1B
| $14.8M | 2.96% |
452,602
-2,116
| -0.5% | -$70.3K |
|
8
Noble Corp
NE
$7.39B
| $14.1M | 2.81% |
373,840
-620
| -0.2% | -$22K |
|
9
Cavco Industries
CVCO
$4.48B
| $11.7M | 2.33% |
51,672
-117
| -0.2% | -$26K |
|
10
Canadian Natural Resources
CNQ
$106B
| $9.24M | 1.84% |
332,778
-1,910
| -0.6% | -$54.6K |
|
11
Lincoln Electric
LECO
$15.4B
| $7.4M | 1.48% |
51,210
-296
| -0.6% | -$41.5K |
|
12
TechnipFMC
FTI
$30.4B
| $7.07M | 1.41% |
580,119
-7,250
| -1% | -$81.1K |
|
13
Insteel Industries
IIIN
$599M
| $6.98M | 1.39% |
253,602
-2,158
| -0.8% | -$59.1K |
|
|
14
Dana Inc
DAN
$3.41B
| $6.6M | 1.31% |
435,935
-101,395
| -19% | -$1.57M |
|
15
Olin
OLN
$2.1B
| $6.18M | 1.23% |
116,811
-16,480
| -12% | -$875K |
|
16
SEACOR Marine Holdings
SMHI
$270M
| $6.11M | 1.22% |
667,488
| – | – |
|
17
AMREP Corp
AXR
$122M
| $5.88M | 1.17% |
508,832
+227
| +0% | +$2.61K |
|
18
RadNet
RDNT
$6.05B
| $5.85M | 1.17% |
310,440
-1,875
| -0.6% | -$35.1K |
|
|
UMH
19
UMH Properties
UMH
$1.41B
| $5.09M | 1.01% |
315,940
-2,090
| -0.7% | -$35.2K |
|
20
Methode Electronics
MEI
$507M
| $4.81M | 0.96% |
108,506
-685
| -0.6% | -$29.2K |
|
21
AerCap
AER
$23B
| $4.63M | 0.92% |
79,345
-485
| -0.6% | -$26.8K |
|
22
Western Digital
WDC
$166B
| $4.44M | 0.89% |
186,240
-1,039
| -0.6% | -$27.4K |
|
23
Louisiana-Pacific
LPX
$5.12B
| $4.34M | 0.87% |
73,380
-260
| -0.4% | -$15.3K |
|
24
Teck Resources
TECK
$33.9B
| $3.78M | 0.75% |
100,000
| – | – |
|
25
GrafTech
EAF
$178M
| $3.67M | 0.73% |
77,176
+3,513
| +5% | +$171K |
|
Similar funds
Bob Robotti's Q4 2022 Portfolio in Review
As of Q4 2022, Bob Robotti held 71 positions worth $502M, up 19% from $421M the previous quarter. Its ten largest holdings account for 75% of the portfolio.
Bob Robotti's Q4 2022 filing shows 4 new, 8 increased, 41 reduced and 7 closed positions. Its largest new stake was U-Haul Holding Co Series N: 19,800 shares worth $1.09M. The largest sale was Builders FirstSource, an estimated $8.04M.
By sector, the portfolio is most concentrated in Energy at 34% of assets, up from 24% a quarter earlier, followed by Industrials and Materials.
- Bob Robotti's largest Q4 2022 buy was U-Haul Holding Co Series N: 19,800 shares worth $1.09M.
- Bob Robotti added most to Tidewater in Q4 2022, an estimated $11.4M increase.
- Bob Robotti's biggest Q4 2022 reduction was Builders FirstSource, cutting an estimated $8.04M.
- Bob Robotti fully exited Grindrod Shipping Holdings Ltd. Ordinary Shares in Q4 2022, selling an estimated $2.39M.
- Bob Robotti's ten largest holdings make up 75% of its $502M portfolio in Q4 2022.
- Bob Robotti opened 4 new positions and closed 7 in Q4 2022.
- Bob Robotti's portfolio value rose 19% quarter-over-quarter to $502M.
Based on Robotti Robert's 13F filing for Q4 2022, filed 14 Feb 2023.