Rbo & Co. LLC
RBO & CO LLC is an independent investment advisory firm headquartered in Saint Helena, California. Founded in 1980, it provides investment management services to individuals, family offices, and institutions, specializing in acquiring equity positions in publicly traded companies. The firm has a longstanding focus on relationships, transparency, and the consistent application of its investment methodology. RBO & CO LLC typically employs a small team, emphasizing expertise and long-term capital preservation and growth for its clients.
Investment Strategy
RBO & CO LLC applies a concentrated, value-oriented equity strategy focused on acquiring significant positions in publicly traded companies they believe have durable competitive advantages, superior leadership, and are significantly undervalued. The firm adheres to independent fundamental research, including on-site visits and deep industry analysis, to select a diversified portfolio of 20-30 high-conviction companies across sectors and geographies. RBO emphasizes a long-term investment horizon, low portfolio turnover to minimize taxes and costs, and defines risk as the permanent loss of capital rather than short-term volatility.
Top Holdings
Equity Positions (54)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
A ABBV | ABBVIE INC | 5.65% | $35.2M | 189,854 | $74.31 | $185.62 | -$4.5M |
J JNJ | JOHNSON&JOHNSON | 5.31% | $33.1M | 216,925 | $119.44 | $152.75 | -$2.7M |
P PM | PHILIP MORRIS IN | 5.29% | $33.0M | 181,193 | $91.75 | $182.13 | +$4.0M |
B BRK-B | BERKSHIRE HATH-B | 5.29% | $33.0M | 67,894 | $169.62 | $485.77 | -$3.2M |
M MCD | MCDONALDS CORP | 5.07% | $31.6M | 108,292 | $130.50 | $292.17 | -$2.2M |