Figure Robotics is my favorite Robotics company. Apptronik and Dyna are the other interesting ones.
The problem: Figure, Apptronik, Dyna are all private. $39B+ marks. $Robostrategy(BOT.US) is a closed end fund on Nasdaq that holds pre IPO robotics names in one ticker.Top holdings:• Figure AI — 25.48%• Dyna Robotics — 25.48%• Apptronik — 25.48%• Dexmate — 6.84%• Path Robotics — 4.10%It is actually a concentrated humanoid bet.What I like:→ First clean public access to names that usually stay VC only→ NAV updated to $10.51 (June 30)→ Labor + AI are entering the warehouseWhat made me pause:→ Closed end fund. Price can trade far above NAV→ Private marks, not daily liquid holdings→ 2.5% management fee on top of concentration risk - This is high for me. If robotics disappoint, this wrapper gets hit hard. I will read more on it, but decided not to buy it yet. Too much premium and fee to my taste.
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