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 |
Navigator Holdings
NVGS
|
+$12.2M |
| 2 |
ArcelorMittal
MT
|
+$8.07M |
| 3 |
Travel + Leisure Co
TNL
|
+$2.83M |
| 4 |
Insteel Industries
IIIN
|
+$1.38M |
| 5 |
U-Haul Holding Co
UHAL
|
+$905K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Tidewater
TDW
|
+$88.1M |
| 2 |
Western Digital
WDC
|
+$4.07M |
| 3 |
U-Haul Holding Co Series N
UHAL.B
|
+$1.21M |
| 4 |
Westlake Corp
WLK
|
+$518K |
| 5 |
West Fraser Timber
WFG
|
+$429K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Energy | 46% |
| 2 | Industrials | 16.54% |
| 3 | Materials | 16.33% |
| 4 | Consumer Discretionary | 7.42% |
| 5 | Technology | 3.51% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Tidewater
TDW
$4.74B
| $241M | 37.79% |
2,533,724
-893,580
| -26% | -$88.1M |
|
2
Builders FirstSource
BLDR
$7.55B
| $55.5M | 8.7% |
401,244
-938
| -0.2% | -$159K |
|
3
LSB Industries
LXU
$801M
| $35.3M | 5.53% |
4,314,682
-28,660
| -0.7% | -$250K |
|
|
4
West Fraser Timber
WFG
$5.46B
| $25.4M | 3.98% |
330,625
-5,401
| -2% | -$429K |
|
|
5
Westlake Corp
WLK
$10.1B
| $23.8M | 3.73% |
164,298
-3,370
| -2% | -$518K |
|
6
Jefferies Financial Group
JEF
$12.1B
| $20.5M | 3.21% |
411,210
-6,019
| -1% | -$270K |
|
7
RadNet
RDNT
$6.05B
| $16.9M | 2.65% |
287,288
-3,795
| -1% | -$206K |
|
8
Cavco Industries
CVCO
$4.48B
| $14.9M | 2.33% |
42,935
+52
| +0.1% | +$18.9K |
|
9
TechnipFMC
FTI
$30.4B
| $13.6M | 2.13% |
520,507
-10,820
| -2% | -$279K |
|
|
10
Navigator Holdings
NVGS
$1.36B
| $13.3M | 2.08% |
+759,217
| New | +$12.2M |
|
11
Canadian Natural Resources
CNQ
$106B
| $12.2M | 1.91% |
341,762
+22,990
| +7% | +$865K |
|
12
AMREP Corp
AXR
$122M
| $10.3M | 1.61% |
545,004
+360
| +0.1% | +$7.41K |
|
|
13
Insteel Industries
IIIN
$599M
| $9.44M | 1.48% |
304,960
+42,180
| +16% | +$1.38M |
|
14
Lincoln Electric
LECO
$15.4B
| $9.37M | 1.47% |
49,646
+43
| +0.1% | +$9.33K |
|
15
AerCap
AER
$23B
| $9.29M | 1.46% |
99,696
+160
| +0.2% | +$14.2K |
|
16
SEACOR Marine Holdings
SMHI
$270M
| $9.01M | 1.41% |
668,118
+661
| +0.1% | +$8.61K |
|
17
Champion Homes
SKY
$4.9B
| $8.86M | 1.39% |
130,704
-185
| -0.1% | -$13.9K |
|
18
Amkor Technology
AMKR
$12.5B
| $8.63M | 1.35% |
215,652
-5,870
| -3% | -$194K |
|
19
Spotify
SPOT
$110B
| $8.47M | 1.33% |
27,000
-1,000
| -4% | -$301K |
|
|
20
ArcelorMittal
MT
$54.4B
| $8.43M | 1.32% |
367,675
+315,650
| +607% | +$8.07M |
|
21
Noble Corp
NE
$7.39B
| $6.82M | 1.07% |
152,672
-590
| -0.4% | -$27.3K |
|
22
Louisiana-Pacific
LPX
$5.12B
| $6.52M | 1.02% |
79,173
+150
| +0.2% | +$12.5K |
|
|
23
Western Digital
WDC
$166B
| $6.24M | 0.98% |
108,896
-73,453
| -40% | -$4.07M |
|
|
24
Travel + Leisure Co
TNL
$4.39B
| $5.64M | 0.88% |
125,479
+63,150
| +101% | +$2.83M |
|
25
Olin
OLN
$2.1B
| $5.31M | 0.83% |
112,696
+235
| +0.2% | +$12.6K |
|
Similar funds
Bob Robotti's Q2 2024 Portfolio in Review
As of Q2 2024, Bob Robotti held 62 positions worth $638M, down 13% from $737M the previous quarter. Its ten largest holdings account for 72% of the portfolio.
Bob Robotti withdrew a net $68.3M in Q2 2024, closing 2 positions and reducing 19 holdings. Its most notable exit was U-Haul Holding Co Series N, an estimated $1.21M position sold in full.
By sector, the portfolio is most concentrated in Energy at 46% of assets, down from 48% a quarter earlier, followed by Industrials and Materials.
Against the trend, Bob Robotti opened a new position in Navigator Holdings worth $13.3M.
- Bob Robotti's largest Q2 2024 buy was Navigator Holdings: 759,217 shares worth $13.3M.
- Bob Robotti added most to ArcelorMittal in Q2 2024, an estimated $8.07M increase.
- Bob Robotti's biggest Q2 2024 reduction was Tidewater, cutting an estimated $88.1M.
- Bob Robotti fully exited U-Haul Holding Co Series N in Q2 2024, selling an estimated $1.21M.
- Bob Robotti's ten largest holdings make up 72% of its $638M portfolio in Q2 2024.
- Bob Robotti opened 5 new positions and closed 2 in Q2 2024.
- Bob Robotti's portfolio value fell 13% quarter-over-quarter to $638M.
Based on Robotti Robert's 13F filing for Q2 2024, filed 14 Aug 2024.