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 |
LSB Industries
LXU
|
+$6.1M |
| 2 |
Seneca Foods Class A
SENEA
|
+$1.34M |
| 3 |
Tidewater
TDW
|
+$1.17M |
| 4 |
AerCap
AER
|
+$500K |
| 5 |
U-Haul Holding Co Series N
UHAL.B
|
+$284K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Builders FirstSource
BLDR
|
+$18.4M |
| 2 |
Jefferies Financial Group
JEF
|
+$738K |
| 3 |
Voya Financial
VOYA
|
+$560K |
| 4 |
Madison Square Garden
MSGS
|
+$550K |
| 5 |
Markel Group
MKL
|
+$527K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Energy | 35.24% |
| 2 | Industrials | 27.82% |
| 3 | Materials | 16.14% |
| 4 | Consumer Discretionary | 10.24% |
| 5 | Real Estate | 2.79% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Tidewater
TDW
$4.74B
| $164M | 28.94% |
3,727,861
+27,163
| +0.7% | +$1.17M |
|
|
2
Builders FirstSource
BLDR
$7.55B
| $121M | 21.35% |
1,365,622
-232,719
| -15% | -$18.4M |
|
3
Westlake Corp
WLK
$10.1B
| $26.6M | 4.68% |
229,216
-51
| -0% | -$5.88K |
|
|
4
LSB Industries
LXU
$801M
| $25M | 4.4% |
2,419,368
+500,305
| +26% | +$6.1M |
|
5
West Fraser Timber
WFG
$5.46B
| $24.3M | 4.28% |
340,982
-141
| -0% | -$10.8K |
|
6
Champion Homes
SKY
$4.9B
| $21.7M | 3.82% |
288,297
-924
| -0.3% | -$59.6K |
|
7
Cavco Industries
CVCO
$4.48B
| $16.4M | 2.89% |
51,633
-39
| -0.1% | -$10.8K |
|
8
Noble Corp
NE
$7.39B
| $14.7M | 2.59% |
372,002
-1,838
| -0.5% | -$73.6K |
|
|
9
Jefferies Financial Group
JEF
$12.1B
| $13.7M | 2.42% |
432,177
-20,425
| -5% | -$738K |
|
10
Canadian Natural Resources
CNQ
$106B
| $9.1M | 1.6% |
328,642
-4,136
| -1% | -$117K |
|
11
Lincoln Electric
LECO
$15.4B
| $8.68M | 1.53% |
51,315
+105
| +0.2% | +$17.3K |
|
12
TechnipFMC
FTI
$30.4B
| $7.81M | 1.38% |
572,011
-8,108
| -1% | -$110K |
|
13
RadNet
RDNT
$6.05B
| $7.51M | 1.32% |
300,156
-10,284
| -3% | -$224K |
|
14
AMREP Corp
AXR
$122M
| $7.12M | 1.25% |
509,232
+400
| +0.1% | +$5.17K |
|
15
Insteel Industries
IIIN
$599M
| $7.04M | 1.24% |
253,146
-456
| -0.2% | -$13.3K |
|
16
Olin
OLN
$2.1B
| $6.53M | 1.15% |
117,671
+860
| +0.7% | +$49.2K |
|
17
Dana Inc
DAN
$3.41B
| $6.5M | 1.14% |
431,718
-4,217
| -1% | -$69K |
|
18
Western Digital
WDC
$166B
| $5.33M | 0.94% |
187,292
+1,052
| +0.6% | +$30.9K |
|
19
SEACOR Marine Holdings
SMHI
$270M
| $5.01M | 0.88% |
658,911
-8,577
| -1% | -$81.5K |
|
|
20
AerCap
AER
$23B
| $4.93M | 0.87% |
87,703
+8,358
| +11% | +$500K |
|
21
Methode Electronics
MEI
$507M
| $4.73M | 0.83% |
107,753
-753
| -0.7% | -$34.9K |
|
|
UMH
22
UMH Properties
UMH
$1.41B
| $4.59M | 0.81% |
310,665
-5,275
| -2% | -$86.6K |
|
23
Legacy Housing
LEGH
$681M
| $4.27M | 0.75% |
187,810
+8,075
| +4% | +$163K |
|
24
Louisiana-Pacific
LPX
$5.12B
| $3.94M | 0.69% |
72,753
-627
| -0.9% | -$38.4K |
|
25
Spotify
SPOT
$110B
| $3.87M | 0.68% |
29,000
| – | – |
|
Similar funds
Bob Robotti's Q1 2023 Portfolio in Review
As of Q1 2023, Bob Robotti held 65 positions worth $568M, up 13% from $502M the previous quarter. Its ten largest holdings account for 77% of the portfolio.
Bob Robotti's Q1 2023 filing shows 1 new, 15 increased, 29 reduced and 5 closed positions. Its largest new stake was Seneca Foods Class A: 23,378 shares worth $1.22M. The largest sale was Builders FirstSource, an estimated $18.4M.
By sector, the portfolio is most concentrated in Energy at 35% of assets, up from 34% a quarter earlier, followed by Industrials and Materials.
- Bob Robotti's largest Q1 2023 buy was Seneca Foods Class A: 23,378 shares worth $1.22M.
- Bob Robotti added most to LSB Industries in Q1 2023, an estimated $6.1M increase.
- Bob Robotti's biggest Q1 2023 reduction was Builders FirstSource, cutting an estimated $18.4M.
- Bob Robotti fully exited Madison Square Garden in Q1 2023, selling an estimated $550K.
- Bob Robotti's ten largest holdings make up 77% of its $568M portfolio in Q1 2023.
- Bob Robotti opened 1 new position and closed 5 in Q1 2023.
- Bob Robotti's portfolio value rose 13% quarter-over-quarter to $568M.
Based on Robotti Robert's 13F filing for Q1 2023, filed 12 May 2023.