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Valueworks LLC

CIK:0001282189
Investment Adviser
$429M AUM
34 holdings
New York, NY, United States
Founded:2001
6 employees
Latest filing:Jun 30, 2025

ValueWorks LLC is a New York-based investment adviser founded in October 2001 by Charles Lemonides. The firm specializes in value investing, serving both retail and institutional clients, with a disciplined approach developed and tested over multiple market cycles. As of April 2025, ValueWorks LLC manages approximately $429.4 million in assets for around 105 accounts and has a team of 6 employees.

Investment Strategy

ValueWorks LLC employs a value investing philosophy, focusing on purchasing high-quality assets at prices below their intrinsic value. The firm conducts extensive, independent research and expert asset appraisals, aiming to buy assets at a significant discount—typically seeking to pay $0.50 to $0.75 for $1.00 worth of assets. Their approach is contrarian and often goes against prevailing market sentiment, relying on disciplined decision-making and risk management regardless of market conditions.

Latest 13F Filing Activity

Valueworks LLC filed their most recent 13F report on Jun 30, 2025 disclosing 34 equity positions with a total 13F market value of $304M. The fund increased holdings in Joby Aviation Inc., Maplebear Inc., Air Lease Corporation among other positions. Valueworks LLC reduced exposure to American Express Co., Chord Energy Corp., Mesabi Trust among others.

Top Buys
J
JOBYJoby Aviation Inc.
+$10.7M
C
CARTMaplebear Inc.
+$10.5M
A
ALAir Lease Corporation
+$5.6M
V
VALValaris Ltd
+$4.4M
M
MUMicron Technology Inc
+$4.1M
Top Sells
A
AXPAmerican Express Co.
-$2.9M
C
CHRDChord Energy Corp.
-$2.8M
M
MSBMesabi Trust
-$2.4M
G
GLWCorning Inc.
-$2.1M
U
UNFIUnited Natural Foods Inc.
-$1.5M

Top Holdings

J
JOBYJoby Aviation Inc.
+8.2%$24.9M
V
VALValaris Ltd
+6.6%$20.1M
M
MLPMaui Land & Pineapple Co.
+5.8%$17.7M
C
CHRDChord Energy Corp.
+5.7%$17.3M
R
RIVNRivian Automotive Inc Class A
+5.6%$17.1M

Equity Positions (34)

TickerSecurityWeightMarket ValueSharesAvg CostPriceChange (QoQ)
Joby Aviation Inc.8.19%$24.9M2,359,545$7.75$10.55+$10.7M
Valaris Ltd6.61%$20.1M476,628$37.27$42.11+$4.4M
Maui Land & Pineapple Co.5.82%$17.7M972,067$11.31$18.19+$1.5M
Chord Energy Corp.5.69%$17.3M178,380$118.85$96.85-$2.8M
Rivian Automotive Inc Class A5.64%$17.1M1,246,168$13.80$13.74+$1.6M

Industry Allocation

AIRCRAFT
+10.4%
DRILLING OIL & GAS WELLS
+9.0%
CRUDE PETROLEUM & NATURAL GAS
+6.7%
REAL ESTATE
+6.0%
MINERAL ROYALTY TRADERS
+5.8%