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 |
Academy Sports + Outdoors
ASO
|
+$5.74M |
| 2 |
Canadian Solar
CSIQ
|
+$3.27M |
| 3 |
ArcelorMittal
MT
|
+$1.4M |
| 4 |
Amkor Technology
AMKR
|
+$1.27M |
| 5 |
AerCap
AER
|
+$914K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Tidewater
TDW
|
+$31.7M |
| 2 |
Builders FirstSource
BLDR
|
+$21.8M |
| 3 |
Westlake Corp
WLK
|
+$8.29M |
| 4 |
BVH
Bluegreen Vacations Holding Corporation
BVH
|
+$6.34M |
| 5 |
Noble Corp
NE
|
+$5.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Energy | 48.15% |
| 2 | Industrials | 18.82% |
| 3 | Materials | 14.46% |
| 4 | Consumer Discretionary | 6.82% |
| 5 | Technology | 3.43% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Tidewater
TDW
$4.74B
| $315M | 42.79% |
3,427,304
-424,910
| -11% | -$31.7M |
|
|
2
Builders FirstSource
BLDR
$7.55B
| $83.9M | 11.38% |
402,182
-117,813
| -23% | -$21.8M |
|
3
LSB Industries
LXU
$801M
| $38.1M | 5.17% |
4,343,342
+563
| +0% | +$4.43K |
|
4
West Fraser Timber
WFG
$5.46B
| $29M | 3.94% |
336,026
+581
| +0.2% | +$47.5K |
|
|
5
Westlake Corp
WLK
$10.1B
| $25.6M | 3.48% |
167,668
-58,899
| -26% | -$8.29M |
|
6
Jefferies Financial Group
JEF
$12.1B
| $18.4M | 2.5% |
417,229
-3,605
| -0.9% | -$150K |
|
7
Cavco Industries
CVCO
$4.48B
| $17.1M | 2.32% |
42,883
+129
| +0.3% | +$45.7K |
|
8
RadNet
RDNT
$6.05B
| $14.2M | 1.92% |
291,083
+1,070
| +0.4% | +$43.1K |
|
9
TechnipFMC
FTI
$30.4B
| $13.3M | 1.81% |
531,327
-18,030
| -3% | -$379K |
|
10
Lincoln Electric
LECO
$15.4B
| $12.7M | 1.72% |
49,603
+172
| +0.3% | +$40.6K |
|
11
AMREP Corp
AXR
$122M
| $12.7M | 1.72% |
544,644
+347
| +0.1% | +$7.55K |
|
12
Canadian Natural Resources
CNQ
$106B
| $12.2M | 1.65% |
318,772
+1,220
| +0.4% | +$40.8K |
|
13
Champion Homes
SKY
$4.9B
| $11.1M | 1.51% |
130,889
+765
| +0.6% | +$59.1K |
|
14
Insteel Industries
IIIN
$599M
| $10M | 1.36% |
262,780
+15,415
| +6% | +$549K |
|
15
Western Digital
WDC
$166B
| $9.41M | 1.28% |
182,349
+1,263
| +0.7% | +$55.3K |
|
16
SEACOR Marine Holdings
SMHI
$270M
| $9.3M | 1.26% |
667,457
-70
| -0% | -$811 |
|
|
17
AerCap
AER
$23B
| $8.65M | 1.17% |
99,536
+11,635
| +13% | +$914K |
|
|
18
Noble Corp
NE
$7.39B
| $7.43M | 1.01% |
153,262
-115,430
| -43% | -$5.2M |
|
19
Spotify
SPOT
$110B
| $7.39M | 1% |
28,000
-1,000
| -3% | -$235K |
|
|
20
Amkor Technology
AMKR
$12.5B
| $7.14M | 0.97% |
221,522
+39,950
| +22% | +$1.27M |
|
21
Louisiana-Pacific
LPX
$5.12B
| $6.63M | 0.9% |
79,023
-1,905
| -2% | -$137K |
|
22
Olin
OLN
$2.1B
| $6.61M | 0.9% |
112,461
-2,420
| -2% | -$130K |
|
|
23
Canadian Solar
CSIQ
$988M
| $6.23M | 0.85% |
315,476
+151,610
| +93% | +$3.27M |
|
|
24
Academy Sports + Outdoors
ASO
$2.84B
| $5.75M | 0.78% |
+85,187
| New | +$5.74M |
|
|
UMH
25
UMH Properties
UMH
$1.41B
| $4.93M | 0.67% |
303,822
+2,730
| +0.9% | +$41.8K |
|
Similar funds
Bob Robotti's Q1 2024 Portfolio in Review
As of Q1 2024, Bob Robotti held 63 positions worth $737M, up 6.1% from $695M the previous quarter. Its ten largest holdings account for 77% of the portfolio.
Bob Robotti withdrew a net $71.2M in Q1 2024, closing 6 positions and reducing 17 holdings. Its most notable exit was Bluegreen Vacations Holding Corporation, an estimated $6.34M position sold in full.
By sector, the portfolio is most concentrated in Energy at 48% of assets, up from 46% a quarter earlier, followed by Industrials and Materials.
Against the trend, Bob Robotti opened a new position in Academy Sports + Outdoors worth $5.75M.
- Bob Robotti's largest Q1 2024 buy was Academy Sports + Outdoors: 85,187 shares worth $5.75M.
- Bob Robotti added most to Canadian Solar in Q1 2024, an estimated $3.27M increase.
- Bob Robotti's biggest Q1 2024 reduction was Tidewater, cutting an estimated $31.7M.
- Bob Robotti fully exited Bluegreen Vacations Holding Corporation in Q1 2024, selling an estimated $6.34M.
- Bob Robotti's ten largest holdings make up 77% of its $737M portfolio in Q1 2024.
- Bob Robotti opened 5 new positions and closed 6 in Q1 2024.
- Bob Robotti's portfolio value rose 6.1% quarter-over-quarter to $737M.
Based on Robotti Robert's 13F filing for Q1 2024, filed 15 May 2024.