Valueworks LLC
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.
Top Holdings
Equity Positions (34)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
J JOBY | Joby Aviation Inc. | 8.19% | $24.9M | 2,359,545 | $7.75 | $10.55 | +$10.7M |
V VAL | Valaris Ltd | 6.61% | $20.1M | 476,628 | $37.27 | $42.11 | +$4.4M |
M MLP | Maui Land & Pineapple Co. | 5.82% | $17.7M | 972,067 | $11.31 | $18.19 | +$1.5M |
C CHRD | Chord Energy Corp. | 5.69% | $17.3M | 178,380 | $118.85 | $96.85 | -$2.8M |
R RIVN | Rivian Automotive Inc Class A | 5.64% | $17.1M | 1,246,168 | $13.80 | $13.74 | +$1.6M |