# EDGAR Filing Document

**Accession Number:** 0001105838
**File Stem:** 0001140361-25-033511
**Filing Date:** 2025-9
**Character Count:** 27799
**Document Hash:** 586eb90f2c3536fe74a9070840b8c138
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001140361-25-033511.hdr.sgml**: 20250902

**ACCESSION NUMBER**: 0001140361-25-033511

**CONFORMED SUBMISSION TYPE**: N-PX

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250902

**EFFECTIVENESS DATE**: 20250902

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ROBOTTI ROBERT
- **CENTRAL INDEX KEY:** 0001105838

**ORGANIZATION NAME:**

**FILING VALUES:**
- **FORM TYPE:** N-PX
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-10843
- **FILM NUMBER:** 251282774

**MAIL ADDRESS:**
- **STREET 1:** 125 PARK AVENUE
- **STREET 2:** SUITE 1607
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10017

## FORM N-PX
### ANNUAL REPORT OF PROXY VOTING RECORD

## N-PX: Filer Information

**Filer CIK:** 0001105838

**Date of Report:** 06/30/2025

**Are you a Registered Management Investment Company or an Institutional Manager?:** Institutional Manager

**Is this a LIVE or TEST Filing?:** LIVE

**Is this an electronic copy of an official filing submitted in paper format?:** [ ]

### Submission Contact Information
_Not provided in this filing._

### Notification Information
**Notify via Filing Website only?:** [ ]

## N-PX: Cover Page

**Name of reporting person:** ROBOTTI ROBERT

**Address:** 125 Park Avenue, New York, NY 10017

**Telephone number:** 212-986-4800

**Name of agent for service:** —

**Agent Address:** —, —, — —

**Reporting Period:** Report for the year ended 06/30/2025

**SEC File Number:** 028-10843

**CRD Number (if any):** —

**Other SEC File Number (if any):** —

**LEI (if any):** —

**Report Type (check only one):**

Institutional Manager.

- [ ] Institutional Manager Voting Report

- [ ] Institutional Manager Notice Report

- [x] Institutional Manager Combination Report

Registered Management Investment Company.

- [ ] Fund Voting Report

- [ ] Fund Notice Report

**Do you wish to provide explanatory information pursuant to Special Instruction B.4?:**

- [x] No

- [ ] Yes

**Additional information:** —

## N-PX: Summary - Included Managers

**Number of Included Institutional Managers:** 1

**Included Institutional Managers:** —

## FORM N-PX PROXY VOTING RECORD

| NAME OF ISSUER                             | CUSIP     | MEETING DATE   | VOTE DESCRIPTION                                                          | VOTE CATEGORY                       |   SHARES VOTED |   SHARES ON LOAN | HOW VOTED                                                 |   SHARES VOTED FOR OR AGAINST MANAGEMENT | FOR OR AGAINST MANAGEMENT   | OTHER INFO   |
|:---|:---|:---|:---|:---|---:|---:|:---|---:|:---|:---|
| ACADEMY SPORTS  OUTDOORS INC               | 00402L107 | 06/05/2025     | Vote to approve compensation to executive officers                        | SECTION 14A SAY-ON-PAY VOTES        |          94695 |                4 | FOR                                                       |                                    94695 | FOR                         |  |
| AGNICO EAGLES MINES LTD                    | 008474108 | 04/25/2025     | Vote to approve compensation to executive officers                        | SECTION 14A SAY-ON-PAY VOTES        |           7500 |                0 | FOR                                                       |                                     7500 | FOR                         |  |
| ALAMOS GOLD INC                            | 011527108 | 05/29/2025     | Vote to approve compensation to executive officers                        | SECTION 14A SAY-ON-PAY VOTES        |          42500 |                0 | 1-6 FOR, 7 AGAINST                                        |                                    42500 | FOR                         |  |
| ALGOMA STEEL GROUP INC                     | 015658107 | 06/24/2025     | Vote to approve compensation to executive officers                        | SECTION 14A SAY-ON-PAY VOTES        |          90000 |                0 | 1 WITHHOLD ALL, 2 FOR, 3 AGAINST                          |                                    90000 | FOR                         |  |
| ALLISON TRANSMISSION HOLDINGS INC          | 01973R101 | 05/07/2025     | Vote to approve compensation to executive officers                        | SECTION 14A SAY-ON-PAY VOTES        |          58888 |                0 | FOR/3 ABSTAIN                                             |                                    58888 | FOR                         |  |
| AMKOR TECHNOLOGY INC                       | 031652100 | 05/15/2025     | Vote to approve compensation to executive officers                        | SECTION 14A SAY-ON-PAY VOTES        |         248715 |                0 | FOR                                                       |                                   248715 | FOR                         |  |
| AMREP CORP NEW                             | 032159105 | 09/12/2024     | Vote to approve compensation to executive officers                        | SECTION 14A SAY-ON-PAY VOTES        |         521978 |                0 | FOR                                                       |                                   521978 | FOR                         |  |
| ATKORE INC                                 | 04765BAJ1 | 01/30/2025     | Vote to approve compensation to executive officers                        | SECTION 14A SAY-ON-PAY VOTES        |          12500 |                0 | 1A-1L ABSTAIN, 2-4 FOR                                    |                                    12500 | FOR                         |  |
| BOLLORE SE                                 | FR0000039 | 05/21/2025     | Vote to approve compensation to executive officers                        | SECTION 14A SAY-ON-PAY VOTES        |         240000 |                0 | FOR                                                       |                                   240000 | FOR                         |  |
| BUILDERS FIRSTSOURCE INC                   | 12008R107 | 05/27/2025     | Vote to approve compensation to executive officers                        | SECTION 14A SAY-ON-PAY VOTES        |         356852 |                0 | FOR                                                       |                                   356852 | FOR                         |  |
| CACI INTERNATIONAL INC                     | 127190304 | 10/17/2024     | Vote to approve compensation  vote frequency on pay to executive officers | SECTION 14A SAY-ON-PAY VOTES; OTHER |           3400 |                0 | FOR/1 YEAR                                                |                                     3400 | FOR                         |  |
| CANADIAN NATURAL RESOURCES LTD             | 136385101 | 05/08/2025     | Vote to approve compensation to executive officers                        | SECTION 14A SAY-ON-PAY VOTES        |         289214 |                0 | FOR                                                       |                                   289214 | FOR                         |  |
| CANADIAN SOLAR INC                         | 136635109 | 06/20/2025     | Vote to approve compensation to executive officers                        | SECTION 14A SAY-ON-PAY VOTES        |         484086 |                0 | FOR                                                       |                                   484086 | FOR                         |  |
| CAVCO INDUSTRIES INC                       | 149568107 | 07/29/2025     | Vote to approve compensation  vote frequency on pay to executive officers | SECTION 14A SAY-ON-PAY VOTES; OTHER |          35260 |                0 | FOR                                                       |                                    35260 | FOR                         |  |
| CGI INC                                    | 12532H104 | 01/29/2025     | Vote to approve compensation to executive officers                        | SECTION 14A SAY-ON-PAY VOTES        |          12500 |                0 | FOR                                                       |                                    12500 | FOR                         |  |
| CLEVELAND-CLIFFS INC                       | 185899101 | 05/15/2025     | Vote to approve compensation to executive officers                        | SECTION 14A SAY-ON-PAY VOTES        |          65000 |                0 | FOR                                                       |                                    65000 | FOR                         |  |
| CONDUENT INC                               | 206787103 | 05/20/2025     | Vote to approve compensation to executive officers                        | SECTION 14A SAY-ON-PAY VOTES        |              4 |                0 | FOR                                                       |                                        4 | FOR                         |  |
| CRIMSON WINE GROUP LTD                     | 22662X100 | 07/22/2025     | Vote to approve compensation to executive officers                        | SECTION 14A SAY-ON-PAY VOTES        |             30 |                0 | FOR/1 YEAR                                                |                                       30 | FOR                         |  |
| DANA INC                                   | 235825205 | 04/24/2025     | Vote to approve compensation to executive officers                        | SECTION 14A SAY-ON-PAY VOTES        |         172648 |                0 | FOR                                                       |                                   172648 | FOR                         |  |
| DANIELI  C OFFICINE MECCANICHE SPA         | 23624A204 | 10/25/2024     | Vote to approve compensation to executive officers                        | SECTION 14A SAY-ON-PAY VOTES        |          10000 |                0 | 10 ABSTAIN, 20-120 FOR                                    |                                    10000 | FOR                         |  |
| DELEK US HOLDINGS INC                      | 24664GAF8 | 04/29/2025     | Vote to approve compensation to executive officers                        | SECTION 14A SAY-ON-PAY VOTES        |            220 |                0 | FOR                                                       |                                      220 | FOR                         |  |
| DORCHESTER MINERALS LP                     | 25820R105 | 05/14/2025     | Vote to approve compensation to executive officers                        | SECTION 14A SAY-ON-PAY VOTES        |           5000 |                0 | FOR                                                       |                                     5000 | FOR                         |  |
| FINNING INTERNATIONAL INC                  | 31807ZAD4 | 05/13/2025     | Vote to approve compensation to executive officers                        | SECTION 14A SAY-ON-PAY VOTES        |         395902 |                0 | FOR                                                       |                                   395902 | FOR                         |  |
| FIRST QUANTUM MINERALS LTD                 | 335934AU9 | 05/08/2025     | Vote to approve compensation to executive officers                        | SECTION 14A SAY-ON-PAY VOTES        |         100000 |                0 | FOR                                                       |                                   100000 | FOR                         |  |
| FIVE POINT HOLDINGS LLC                    | 31787F107 | 05/21/2025     | Vote to approve compensation to executive officers                        | SECTION 14A SAY-ON-PAY VOTES        |        6767000 |                0 | FOR                                                       |                                  6767000 | FOR                         |  |
| GRAY MEDIA INC                             | 389376BB9 | 05/07/2025     | Vote to approve compensation to executive officers                        | SECTION 14A SAY-ON-PAY VOTES        |            242 |                0 | 1 WITHHOLD ALL, 2 ABSTAIN, 3 FOR                          |                                      242 | FOR                         |  |
| GULF ISLAND FABRICATION. INC               | 402307102 | 05/15/2025     | Vote to approve compensation to executive officers                        | SECTION 14A SAY-ON-PAY VOTES        |           6000 |                0 | FOR                                                       |                                     6000 | FOR                         |  |
| HF SINCLAIR CORP                           | 403949AK6 | 05/14/2025     | Vote to approve compensation to executive officers                        | SECTION 14A SAY-ON-PAY VOTES        |             70 |                0 | FOR                                                       |                                       70 | FOR                         |  |
| HG HOLDINGS INC                            | 42834P207 | 06/26/2025     | Vote to approve compensation to executive officers                        | SECTION 14A SAY-ON-PAY VOTES        |           3749 |                0 | FOR                                                       |                                     3749 | FOR                         |  |
| HILTON GRAND VACATIONS INC                 | 43283X105 | 05/07/2025     | Vote to approve compensation to executive officers                        | SECTION 14A SAY-ON-PAY VOTES        |          15260 |                0 | FOR                                                       |                                    15260 | FOR                         |  |
| HUDBAY MINERALS INC                        | 443628102 | 05/20/2025     | Vote to approve compensation to executive officers                        | SECTION 14A SAY-ON-PAY VOTES        |         115250 |                0 | FOR                                                       |                                   115250 | FOR                         |  |
| INSTEEL INDUSTRIES INC                     | 45774W108 | 02/11/2025     | Vote to approve compensation to executive officers                        | SECTION 14A SAY-ON-PAY VOTES        |         296613 |                0 | FOR                                                       |                                   296613 | FOR                         |  |
| INTERFOR CORP                              | 45868C109 | 05/08/2025     | Vote to approve compensation to executive officers                        | SECTION 14A SAY-ON-PAY VOTES        |        1810525 |                0 | FOR                                                       |                                  1810525 | FOR                         |  |
| INTERNATIONAL BUSINESS MACHINES CORP       | 459200101 | 04/29/2025     | Vote to approve compensation to executive officers                        | SECTION 14A SAY-ON-PAY VOTES        |            800 |                0 | AGAINST                                                   |                                      800 | AGAINST                     |  |
| INTERNATIONAL SEAWAYS INC                  | Y41053102 | 06/10/2025     | Non-binding advisory vote to approve compensation for named exec officers | SECTION 14A SAY-ON-PAY VOTES        |          10000 |                0 | FOR                                                       |                                    10000 | FOR                         |  |
| JEFFERIES FINANCIAL GROUP INC              | 47233W109 | 03/27/2025     | Vote to approve compensation to executive officers                        | SECTION 14A SAY-ON-PAY VOTES        |         331872 |                0 | FOR                                                       |                                   331872 | FOR                         |  |
| LEGACY HOUSING CORP                        | 52472M101 | 12/04/2024     | Vote to approve compensation to executive officers                        | SECTION 14A SAY-ON-PAY VOTES        |         128030 |                0 | FOR/ 1 YEAR                                               |                                   128030 | FOR                         |  |
| LINCOLN ELECTRIC HOLDINGS INC              | 533900106 | 04/24/2025     | Vote to approve compensation to executive officers                        | SECTION 14A SAY-ON-PAY VOTES        |          50158 |                0 | FOR                                                       |                                    50158 | FOR                         |  |
| LOUISIANA-PACIFIC CORP                     | 546347105 | 05/08/2025     | Vote to approve compensation to executive officers                        | SECTION 14A SAY-ON-PAY VOTES        |          79026 |                0 | FOR                                                       |                                    79026 | FOR                         |  |
| LSB INDUSTRIES INC                         | 502160104 | 05/15/2025     | Vote to approve compensation to executive officers                        | SECTION 14A SAY-ON-PAY VOTES        |        4262594 |                0 | FOR                                                       |                                  4262594 | FOR                         |  |
| MERCK  CO INC                              | 58933Y105 | 05/27/2025     | Vote to approve compensation to executive officers                        | SECTION 14A SAY-ON-PAY VOTES        |           3000 |                0 | 1A-1M ABSTAINED, 2-3 FOR, 4 ABSTAINED, 5 FOR, 6-7 ABSTAIN |                                     3000 | FOR                         |  |
| MORGAN STANLEY                             | 617446448 | 05/15/2025     | Vote to approve compensation to executive officers                        | SECTION 14A SAY-ON-PAY VOTES        |           6500 |                0 | 1A-4 FOR, 5 AGAINST                                       |                                     6500 | FOR                         |  |
| NATIONAL ENERGY SERVICES REUNITED CORP     | G6375R107 | 06/13/2025     | Vote to approve compensation to executive officers                        | SECTION 14A SAY-ON-PAY VOTES        |          10000 |                0 | 1A-2 AGAINST, 3 FOR                                       |                                    10000 | FOR                         |  |
| NOBLE CORP                                 | G65431127 | 05/08/2025     | Vote to approve compensation to executive officers                        | SECTION 14A SAY-ON-PAY VOTES        |         154748 |                0 | 1-13 FOR, 14 ABSTAIN, 15 FOR                              |                                   154748 | FOR                         |  |
| ODP CORP                                   | 88337F105 | 05/01/2025     | Vote to approve compensation to executive officers                        | SECTION 14A SAY-ON-PAY VOTES        |              3 |                0 | FOR                                                       |                                        3 | FOR                         |  |
| OLIN CORP                                  | 680665205 | 05/01/2025     | Vote to approve compensation to executive officers                        | SECTION 14A SAY-ON-PAY VOTES        |         113001 |                0 | FOR                                                       |                                   113001 | FOR                         |  |
| PETROLEO BRASILEIRO SA PETRO               | 71654V408 | 04/11/2025     | Vote to approve compensation to executive officers                        | SECTION 14A SAY-ON-PAY VOTES        |          50000 |                0 | ABSTAIN                                                   |                                    50000 | FOR                         |  |
| PRAIRIESKY ROYALTY LTD                     | 739721108 | 04/14/2025     | Vote to approve compensation to executive officers                        | SECTION 14A SAY-ON-PAY VOTES        |            234 |                0 | 1 FOR ALL EXCEPT 2 DIRECTORS  2-3 FOR                     |                                      234 | FOR                         |  |
| PULSE SEISMIC INC                          | CA74586Q1 | 04/23/2025     | Vote to approve compensation to executive officers                        | SECTION 14A SAY-ON-PAY VOTES        |       11127275 |                0 | FOR                                                       |                                 11127275 | FOR                         |  |
| RADNET INC                                 | 750491102 | 06/10/2025     | Non-binding advisory vote to approve compensation for named exec officers | SECTION 14A SAY-ON-PAY VOTES        |         188156 |                0 | FOR                                                       |                                   188156 | FOR                         |  |
| RANGER ENERGY SERVICES INC                 | 75282U104 | 05/09/2025     | Vote to approve compensation to executive officers                        | SECTION 14A SAY-ON-PAY VOTES        |         100000 |                0 | FOR                                                       |                                   100000 | FOR                         |  |
| RYERSON HOLDING CORP                       | 783754104 | 04/17/2025     | Vote to approve compensation to executive officers                        | SECTION 14A SAY-ON-PAY VOTES        |          26000 |                0 | FOR                                                       |                                    26000 | FOR                         |  |
| SAIPEM SPA                                 | 79376W406 | 05/08/2025     | Vote to approve compensation to executive officers                        | SECTION 14A SAY-ON-PAY VOTES        |        1140000 |                0 | FOR                                                       |                                  1140000 | FOR                         |  |
| SEACOR MARINE HOLDINGS INC                 | 78413P101 | 06/02/2025     | Vote to approve compensation to executive officers                        | SECTION 14A SAY-ON-PAY VOTES        |         845391 |                0 | FOR                                                       |                                   845391 | FOR                         |  |
| SEADRILL LTD                               | G7997W102 | 05/14/2025     | Vote to approve compensation to executive officers                        | SECTION 14A SAY-ON-PAY VOTES        |          16050 |                0 | FOR/ 1 YEAR                                               |                                    16050 | FOR                         |  |
| SKYLINE CORP                               | 830830105 | 07/24/2025     | Non-binding advisory vote to approve compensation for named exec officers | SECTION 14A SAY-ON-PAY VOTES        |          70743 |                0 | FOR                                                       |                                    70743 | FOR                         |  |
| SPECTRUM BRANDS HOLDING INC                | 84790A105 | 08/05/2025     | Vote to approve compensation to executive officers                        | SECTION 14A SAY-ON-PAY VOTES        |              8 |                0 | FOR                                                       |                                        8 | FOR                         |  |
| TECHNIPFMC PLC                             | G87110105 | 04/25/2025     | Vote to approve compensation to executive officers                        | SECTION 14A SAY-ON-PAY VOTES        |         203912 |                0 | FOR/ 1 YEAR                                               |                                   203912 | FOR                         |  |
| TECK RESOURCES LTD                         | 878742204 | 04/24/2025     | Vote to approve compensation to executive officers                        | SECTION 14A SAY-ON-PAY VOTES        |         100000 |                0 | FOR                                                       |                                   100000 | FOR                         |  |
| THESSALONIKI PORT AUTHORITY SA             | GRS427003 | 05/14/2025     | Vote to approve compensation to executive officers                        | SECTION 14A SAY-ON-PAY VOTES        |          27017 |                0 | FOR                                                       |                                    27017 | FOR                         |  |
| TIDEWATER INC                              | 88642R109 | 06/04/2025     | Vote to approve compensation  vote frequency on pay to executive officers | SECTION 14A SAY-ON-PAY VOTES; OTHER |        2822044 |                0 | FOR                                                       |                                  2822044 | FOR                         |  |
| TIDEWATER MIDSTREAM AND INFRASTRUCTURE LTD | 88875T104 | 05/27/2025     | Vote to approve compensation to executive officers                        | SECTION 14A SAY-ON-PAY VOTES        |        1974772 |                0 | 1 FOR, 2 WITHHOLD ALL, 3 FOR, 4 AGAINST, 5-6 FOR          |                                  1974772 | FOR                         |  |
| TRAVEL + LEISURE CO                        | 894164102 | 05/21/2025     | Vote to approve compensation to executive officers                        | SECTION 14A SAY-ON-PAY VOTES        |         124364 |                0 | 1 WITHHOLD ALL, 2 AGAINST, 3 FOR                          |                                   124364 | FOR                         |  |
| TRICAN WELL SERVICE LTD                    | CA8959451 | 05/13/2025     | Vote to approve compensation to executive officers                        | SECTION 14A SAY-ON-PAY VOTES        |         952206 |                0 | FOR                                                       |                                   952206 | FOR                         |  |
| UFP INDUSTRIES. INC                        | 90278Q108 | 04/23/2025     | Vote to approve compensation to executive officers                        | SECTION 14A SAY-ON-PAY VOTES        |            480 |                0 | FOR                                                       |                                      480 | FOR                         |  |
| VALARIS LIMITED                            | G9460G101 | 06/12/2025     | Non-binding advisory vote to approve compensation for named exec officers | SECTION 14A SAY-ON-PAY VOTES        |          52524 |                0 | FOR                                                       |                                    52524 | FOR                         |  |
| WESTERN DIGITAL CORP                       | 958102105 | 11/20/2024     | Vote to approve compensation  vote frequency on pay to executive officers | SECTION 14A SAY-ON-PAY VOTES; OTHER |          82615 |                0 | 1A/1D AGAINST, 1E FOR, 1F-1H AGAINST, 2-4 FOR             |                                    82615 | FOR                         |  |
| WEST FRASER TIMBER CO. LTD                 | 952845105 | 04/23/2025     | Vote to approve compensation to executive officers                        | SECTION 14A SAY-ON-PAY VOTES        |         290363 |                0 | FOR                                                       |                                   290363 | FOR                         |  |
| XEROX HOLDINGS CORP                        | 98421M106 | 05/21/2025     | Vote to approve compensation to executive officers                        | SECTION 14A SAY-ON-PAY VOTES        |              5 |                0 | FOR                                                       |                                        5 | FOR                         |  |

## N-PX: Signature Block

**Reporting Person:** ROBOTTI ROBERT

**By (Signature):** Robert Robotti

**By (Printed Signature):** Robert Robotti

**By (Title):** President

**Date:** 08/28/2025