Funds › Kahn Brothers › Q2 2022Kahn Brothers 13F holdings, Q2 2022 Kahn Brothers disclosed 45 US equity positions worth $742.7m in its Q2 2022 13F filing. Its largest position is PTEN at 10.2% of the reported book, followed by AGO and BMY. Versus Q1 2022 it opened 0 new positions, added to 13, reduced 7 and exited 1.
$743m Reported equity book Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
45 Positions Distinct securities in the equity book with a reported value above zero. Options are excluded.
10.2% Largest position The largest single position as a share of the reported equity book.
84.5% Top 10 weight The ten largest positions together, as a share of the reported equity book.
13 Effective positions 1 / HHI of portfolio weights: the number of equal-weight positions the book behaves like.
53 Quarters on file since Q2 2013 Quarters for which this manager's 13F holdings are on record. Holdings Against Q1 2022: 0 new , 13 added , 7 reduced , 1 exited
45 rows
Stock Sector Weight Value Shares Δ shares Action PTEN PATTERSON-UTI ENERGY INC Energy 10.2% $75.5m 4.79m −17% reduced AGO ASSURED GUARANTY LTD Financial Services 9.8% $72.8m 1.30m −1.4% reduced BMY BRISTOL-MYERS SQUIBB CO Healthcare 9.6% $71.5m 928,865 +0.3% held MRK MERCK & CO. INC Healthcare 8.6% $63.7m 699,024 +0.6% added BP BP PLC Energy 8.4% $62.4m 2.20m −0.4% held GSK PLC no ticker – 8.4% $62.3m 1.43m +0.3% held MBI MBIA INC Financial Services 8.0% $59.7m 4.84m +0.1% held PFE PFIZER INC Healthcare 7.4% $54.9m 1.05m +0.5% added NYCBEUR NEW YORK CMNTY BANCORP INC – 7.2% $53.2m 5.82m +18% added C CITIGROUP INC Financial Services 6.9% $51.3m 1.11m +15% added SEB SEABOARD CORP DEL Industrials 5.2% $38.5m 9,908 −0.1% held VOXXGUSD VOXX INTL CORP – 3.4% $24.9m 2.68m +15% added IDT IDT CORP Communication Services 1.6% $11.8m 468,166 0.0% held BB BLACKBERRY LTD Technology 1.1% $8.1m 1.50m −0.4% held WED WEBSTER FINL CORP – 0.7% $5.1m 121,728 −0.4% held VRAYQ VIEWRAY INC Healthcare 0.6% $4.3m 1.62m +38% added GNE GENIE ENERGY LTD Utilities 0.4% $3.0m 323,114 0.0% held OGN ORGANON & CO Healthcare 0.3% $2.2m 66,558 −1.3% reduced HO1 HOLOGIC INC – 0.3% $2.2m 31,985 0.0% held NVS NOVARTIS AG Healthcare 0.3% $2.0m 23,078 +3.1% added EXMOC EXXON MOBIL CORP – 0.3% $1.9m 22,209 +45% added TPHS TRINITY PL HLDGS INC Real Estate 0.2% $1.5m 1.46m 0.0% held FIRST NATL BK OF ALASKA no ticker – 0.2% $1.2m 4,770 0.0% held BRK/B BERKSHIRE HATHAWAY INC DEL – 0.1% $848k 3,150 0.0% held VTRS VIATRIS INC Healthcare 0.1% $788k 75,209 −13% reduced VZ VERIZON COMMUNICATIONS INC Communication Services 0.10% $724k 14,264 −9.2% reduced CREW ENERGY no ticker – 0.09% $655k 182,000 0.0% held PFS PROVIDENT FINL SVCS INC Financial Services 0.08% $612k 27,472 0.0% held RFL RAFAEL HLDGS INC Real Estate 0.07% $525k 280,665 0.0% held CVX CHEVRON CORPORATION Energy 0.06% $470k 3,248 0.0% held HOPE HOPE BANCORP INC Financial Services 0.06% $429k 31,000 0.0% held NAM TAI PPTY INC no ticker – 0.05% $364k 86,300 +0.8% added T AT&T INC Communication Services 0.05% $351k 16,754 +15% added ZDGE ZEDGE INC – 0.05% $350k 121,619 0.0% held BAC BANK OF AMER CORP Financial Services 0.04% $333k 10,708 0.0% held PEYTO EXP & DEV no ticker – 0.04% $327k 35,000 0.0% held NAVI NAVIENT CORPORATION Financial Services 0.04% $326k 23,286 −16% reduced PG PROCTER & GAMBLE CO Consumer Defensive 0.04% $323k 2,244 +40% added JP MORGAN CHASE no ticker – 0.04% $318k 2,825 −10% reduced PEP PEPSICO INC Consumer Defensive 0.04% $317k 1,900 0.0% held CMCSA COMCAST CORP NEW Communication Services 0.04% $278k 7,074 +31% added ALC ALCON INC Healthcare 0.03% $238k 3,415 +7.6% added IDW MEDIA no ticker – 0.01% $93.9k 69,964 +0.4% held DEUTSCHE BK AG no ticker – 0.01% $87.0k 10,000 0.0% held LWAY LIFEWAY FOODS INC Consumer Defensive 0.01% $50.0k 10,000 0.0% held
Exited since Q1 2022 1 row
Stock Prior weight Prior value NRIM NORTHRIM BANCORP INC 0.03% $206k
Sector mix Healthcare 26.9% Financial Services 25.0% Unclassified 20.7% Energy 18.6% Industrials 5.2% Communication Services 1.8% Technology 1.1% Utilities 0.4% Real Estate 0.3% Consumer Defensive 0.09% Book over time Every quarter on file (53) Where Kahn Brothers was early Concentration and tenure
11.0% Median largest position, all quarters The largest single position as a share of the reported equity book.
78.0% Median top 10 weight, all quarters The ten largest positions together, as a share of the reported equity book.
Concentrated Style, by median largest position
9 Median completed holding, quarters