Kahn Brothers Group 13F, Q1 2025
Kahn Brothers · quarter ending 31 March 2025 · filed 15 May 2025 · SEC CIK 1039565
Common stock only: shares the fund reported owning at the quarter end, valued as filed.
Largest positions, Q1 2025
The 25 largest of 54 positions. Weights are against the whole filed book. Changes are in shares held, against the Q4 2024 filing.
| Company | Ticker | Value | % of book | vs Q4 2024 |
|---|---|---|---|---|
| CITIGROUP | C | $62.24M | 12.6% | -3% shares |
| FLAGSTAR FINL INC | FLG | $49.00M | 9.9% | +19% shares |
| MERCK | MRK | $44.19M | 8.9% | -3% shares |
| BAYER AG SPONS ADR | BAYRY | $39.57M | 8.0% | +46% shares |
| BP PLC | BP | $38.86M | 7.9% | -4% shares |
| ORGANON | OGN | $37.13M | 7.5% | +59% shares |
| BRISTOL MYERS SQUIBB | BMY | $36.44M | 7.4% | -13% shares |
| DISNEY | DIS | $34.36M | 7.0% | unchanged |
| GSK PLC | $31.85M | 6.4% | -7% shares | |
| SEABOARD CORP | SEB | $23.80M | 4.8% | -2% shares |
| IDT CORP CL B | IDT | $18.76M | 3.8% | +53% shares |
| PFIZER | PFE | $18.63M | 3.8% | -3% shares |
| ASSURED GUARANTY | $16.35M | 3.3% | -35% shares | |
| PATTERSON ENERGY | PTEN | $15.92M | 3.2% | -3% shares |
| GENIE ENERGY | GNE | $3.05M | 0.6% | -7% shares |
| NOVARTIS ADR | NVS | $2.44M | 0.5% | +3% shares |
| HALEON | HLN | $1.90M | 0.4% | -9% shares |
| WEBSTER FINL | WBS | $1.66M | 0.3% | unchanged |
| EXXON MOBIL | XOM | $1.64M | 0.3% | unchanged |
| FIRST NATL BK OF ALASKA | FBAK | $1.47M | 0.3% | unchanged |
| FAIRFAX FINANCIAL | FRFHF | $1.47M | 0.3% | unchanged |
| CSX | CSX | $1.43M | 0.3% | -2% shares |
| HOLOGIC | HO1 | $1.22M | 0.3% | -33% shares |
| ANTERO RESOURCES | AR | $1.01M | 0.2% | -17% shares |
| TOURMANLINE OIL CORP | TRMLF | $830.0K | 0.2% | unchanged |
What changed since Q4 2024
Against the Q4 2024 filing, Kahn Brothers Group opened 6 new positions, added to 6, trimmed 26, left 16 unchanged and exited 3. Every position is compared, matched on its CUSIP; a change of 2% or less in shares counts as unchanged.
Exited
- VOXX INTERNATIONALwas $846.1K
- ORANGE COUNTY BANCORPwas $222.0K
- MBIwas $68.5K
Other quarters
Source: SEC Form 13F-HR, accession 0001039565-25-000004, filed by KAHN BROTHERS GROUP INC. Values are as filed and cover US-listed positions only; a 13F does not show short positions or holdings outside the US. A 13F may be filed up to 45 days after the quarter ends, so the fund may have traded since. Educational information, not financial advice.