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
|
+$16.4M |
| 2 |
Tidewater
TDW
|
+$7.83M |
| 3 |
Amkor Technology
AMKR
|
+$4.8M |
| 4 |
GrafTech
EAF
|
+$3.61M |
| 5 |
Ranger Energy Services
RNGR
|
+$1.17M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Builders FirstSource
BLDR
|
+$14.2M |
| 2 |
Methode Electronics
MEI
|
+$3.59M |
| 3 |
Horizon Technology Finance
HRZN
|
+$393K |
| 4 |
CET
Central Securities Corp
CET
|
+$335K |
| 5 |
PPLI
People Inc
PPLI
|
+$251K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Energy | 47.25% |
| 2 | Industrials | 19.29% |
| 3 | Materials | 16.5% |
| 4 | Consumer Discretionary | 7.44% |
| 5 | Real Estate | 2.56% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Tidewater
TDW
$4.74B
| $274M | 40.23% |
3,854,584
+124,045
| +3% | +$7.83M |
|
|
2
Builders FirstSource
BLDR
$7.55B
| $83.4M | 12.25% |
669,756
-103,254
| -13% | -$14.2M |
|
|
3
LSB Industries
LXU
$801M
| $44.5M | 6.54% |
4,351,827
+1,581,659
| +57% | +$16.4M |
|
4
Westlake Corp
WLK
$10.1B
| $28.4M | 4.17% |
227,622
-737
| -0.3% | -$94.6K |
|
5
West Fraser Timber
WFG
$5.46B
| $24.5M | 3.59% |
337,405
-2,429
| -0.7% | -$191K |
|
6
Noble Corp
NE
$7.39B
| $18.8M | 2.76% |
371,027
-425
| -0.1% | -$21.7K |
|
7
Champion Homes
SKY
$4.9B
| $18.1M | 2.66% |
283,879
-2,668
| -0.9% | -$179K |
|
8
Jefferies Financial Group
JEF
$12.1B
| $15.5M | 2.28% |
424,385
-5,347
| -1% | -$192K |
|
9
Cavco Industries
CVCO
$4.48B
| $13.7M | 2.01% |
51,584
+139
| +0.3% | +$39K |
|
10
TechnipFMC
FTI
$30.4B
| $11.3M | 1.66% |
557,122
-9,519
| -2% | -$180K |
|
11
Canadian Natural Resources
CNQ
$106B
| $10.4M | 1.53% |
321,512
-4,050
| -1% | -$124K |
|
12
SEACOR Marine Holdings
SMHI
$270M
| $9.35M | 1.37% |
673,464
-1,087
| -0.2% | -$13.2K |
|
13
Lincoln Electric
LECO
$15.4B
| $9.09M | 1.34% |
50,012
-778
| -2% | -$149K |
|
14
AMREP Corp
AXR
$122M
| $8.56M | 1.26% |
508,750
-232
| -0% | -$4.04K |
|
15
RadNet
RDNT
$6.05B
| $8.28M | 1.22% |
293,738
-3,103
| -1% | -$96.6K |
|
16
Insteel Industries
IIIN
$599M
| $8.12M | 1.19% |
250,300
-2,916
| -1% | -$93.6K |
|
17
Western Digital
WDC
$166B
| $6.33M | 0.93% |
183,474
-2,445
| -1% | -$77.1K |
|
|
18
GrafTech
EAF
$178M
| $6.31M | 0.93% |
164,677
+86,507
| +111% | +$3.61M |
|
19
Dana Inc
DAN
$3.41B
| $6.12M | 0.9% |
417,343
-9,260
| -2% | -$154K |
|
20
Olin
OLN
$2.1B
| $5.81M | 0.85% |
116,281
-850
| -0.7% | -$45.9K |
|
21
AerCap
AER
$23B
| $5.57M | 0.82% |
88,801
+2,318
| +3% | +$146K |
|
22
Spotify
SPOT
$110B
| $4.48M | 0.66% |
29,000
| – | – |
|
23
Teck Resources
TECK
$33.9B
| $4.31M | 0.63% |
100,000
| – | – |
|
|
UMH
24
UMH Properties
UMH
$1.41B
| $4.26M | 0.63% |
303,920
-3,650
| -1% | -$56.1K |
|
25
Canadian Solar
CSIQ
$988M
| $4.12M | 0.61% |
167,386
-2,200
| -1% | -$69.6K |
|
Similar funds
Bob Robotti's Q3 2023 Portfolio in Review
As of Q3 2023, Bob Robotti held 66 positions worth $681M, up 9.9% from $619M the previous quarter. Its ten largest holdings account for 78% of the portfolio.
Bob Robotti's Q3 2023 filing shows 3 new, 7 increased, 28 reduced and 7 closed positions. Its largest new stake was Amkor Technology: 181,930 shares worth $4.11M. The largest sale was Builders FirstSource, an estimated $14.2M.
By sector, the portfolio is most concentrated in Energy at 47% of assets, up from 40% a quarter earlier, followed by Industrials and Materials.
- Bob Robotti's largest Q3 2023 buy was Amkor Technology: 181,930 shares worth $4.11M.
- Bob Robotti added most to LSB Industries in Q3 2023, an estimated $16.4M increase.
- Bob Robotti's biggest Q3 2023 reduction was Builders FirstSource, cutting an estimated $14.2M.
- Bob Robotti fully exited Methode Electronics in Q3 2023, selling an estimated $3.59M.
- Bob Robotti's ten largest holdings make up 78% of its $681M portfolio in Q3 2023.
- Bob Robotti opened 3 new positions and closed 7 in Q3 2023.
- Bob Robotti's portfolio value rose 9.9% quarter-over-quarter to $681M.
Based on Robotti Robert's 13F filing for Q3 2023, filed 14 Nov 2023.