Kahn Brothers Group 13F, Q2 2025
Kahn Brothers · quarter ending 30 June 2025 · filed 14 August 2025 · SEC CIK 1039565
Common stock only: shares the fund reported owning at the quarter end, valued as filed.
Largest positions, Q2 2025
The 25 largest of 50 positions. Weights are against the whole filed book. Changes are in shares held, against the Q1 2025 filing.
| Company | Ticker | Value | % of book | vs Q1 2025 |
|---|---|---|---|---|
| CITIGROUP INC | C | $75.47M | 15.2% | unchanged |
| BAYER AG SPONS ADR | BAYRY | $50.73M | 10.2% | +2% shares |
| WALT DISNEY | DIS | $48.67M | 9.8% | +13% shares |
| FLAGSTAR FINANCIAL, INC. | FLG | $45.80M | 9.2% | +3% shares |
| MERCK & CO. INC. | MRK | $38.83M | 7.8% | unchanged |
| BP PLC | BP | $33.80M | 6.8% | unchanged |
| ORGANON & CO | OGN | $33.78M | 6.8% | +40% shares |
| IDT CORP CLASS B | IDT | $27.09M | 5.4% | +9% shares |
| BRISTOL-MYERS SQUIBB | BMY | $25.49M | 5.1% | -8% shares |
| GSK PLC ADR | GSK | $25.34M | 5.1% | new |
| SEABOARD CORP | SEB | $24.67M | 5.0% | -2% shares |
| PFIZER | PFE | $17.72M | 3.6% | unchanged |
| PATTERSON UTI ENERGY | PTEN | $11.37M | 2.3% | unchanged |
| ALPHABET INC CLASS C | GOOG | $6.59M | 1.3% | new |
| GENIE ENERGY LTD CLASS B | GNE | $5.35M | 1.1% | unchanged |
| ASSURED GUARANTY LTD F | $3.83M | 0.8% | -76% shares | |
| NOVARTIS AG SPONSORED ADR | NVS | $2.24M | 0.5% | -16% shares |
| EXXONMOBIL | XOM | $2.06M | 0.4% | +39% shares |
| FAIRFAX FINL HLDGS LTD SUB VTG | FRFHF | $1.83M | 0.4% | unchanged |
| WEBSTER FINL CO | WBS | $1.64M | 0.3% | -7% shares |
| FIRST NATL BK ALASKA COM | FBAK | $1.62M | 0.3% | unchanged |
| TOURMALINE OIL CORP COM | TRMLF | $1.35M | 0.3% | +63% shares |
| CSX CORP COM | CSX | $1.33M | 0.3% | -16% shares |
| HALEON PLC | HLN | $1.23M | 0.3% | -36% shares |
| ANTERO RES CORP COM | AR | $1.00M | 0.2% | unchanged |
What changed since Q1 2025
Against the Q1 2025 filing, Kahn Brothers Group opened 7 new positions, added to 11, trimmed 9, left 23 unchanged and exited 11. Every position is compared, matched on its CUSIP; a change of 2% or less in shares counts as unchanged.
New positions
Exited
- GSK PLCwas $31.85M
- HO1was $1.22M
- JP MORGAN CHASEwas $703.0K
- COFwas $353.0K
- CIwas $276.7K
- LWAYwas $244.0K
- WEYSwas $219.0K
- NAM TAI PROPERTY INC Fwas $204.0K
and 3 more
Other quarters
Source: SEC Form 13F-HR, accession 0001039565-25-000005, 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.