Kahn Brothers Group 13F, Q3 2025
Kahn Brothers · quarter ending 30 September 2025 · filed 12 November 2025 · SEC CIK 1039565
Common stock only: shares the fund reported owning at the quarter end, valued as filed.
Largest positions, Q3 2025
The 25 largest of 53 positions. Weights are against the whole filed book. Changes are in shares held, against the Q2 2025 filing.
| Company | Ticker | Value | % of book | vs Q2 2025 |
|---|---|---|---|---|
| CITIGROUP INC | C | $88.98M | 16.7% | unchanged |
| BAYER AG SPONS ADR | BAYRY | $56.27M | 10.6% | unchanged |
| FLAGSTAR FINANCIAL, INC. | FLG | $49.63M | 9.3% | unchanged |
| WALT DISNEY | DIS | $45.17M | 8.5% | unchanged |
| ORGANON & CO | OGN | $38.63M | 7.3% | +4% shares |
| BP PLC F SPONSORED ADR | BP | $37.41M | 7.0% | -4% shares |
| MERCK & CO. INC. | MRK | $36.40M | 6.8% | -12% shares |
| ALPHABET INC CLASS C | GOOG | $32.81M | 6.2% | +90% shares |
| SEABOARD CORP | SEB | $28.17M | 5.3% | -10% shares |
| IDT CORP CLASS B | IDT | $20.52M | 3.9% | unchanged |
| PFIZER | PFE | $18.02M | 3.4% | -3% shares |
| SEAPORT ENTMT GROUP INC COM | SEG | $13.37M | 2.5% | new |
| BRISTOL-MYERS SQUIBB | BMY | $12.28M | 2.3% | -51% shares |
| GSK PLC ADR F SPONSORED ADR | GSK | $11.26M | 2.1% | -61% shares |
| PATTERSON UTI ENERGY | PTEN | $9.77M | 1.8% | unchanged |
| M B I A INC | MBI | $7.67M | 1.4% | new |
| GENIE ENERGY LTD CLASS B | GNE | $2.87M | 0.5% | -4% shares |
| EXXONMOBIL | XOM | $2.02M | 0.4% | -6% shares |
| NOVARTIS AG SPONSORED ADR | NVS | $1.84M | 0.3% | -22% shares |
| WEBSTER FINL CO | WBS | $1.79M | 0.3% | unchanged |
| FAIRFAX FINL HLDGS LTD SUB VTG | FRFHF | $1.78M | 0.3% | unchanged |
| CSX CORP COM | CSX | $1.45M | 0.3% | unchanged |
| FIRST NATL BK ALASKA COM | FBAK | $1.36M | 0.3% | -21% shares |
| TOURMALINE OIL CORP COM | TRMLF | $1.05M | 0.2% | -13% shares |
| MICROSOFT | MSFT | $986.7K | 0.2% | unchanged |
What changed since Q2 2025
Against the Q2 2025 filing, Kahn Brothers Group opened 5 new positions, added to 2, trimmed 20, left 26 unchanged and exited 2. Every position is compared, matched on its CUSIP; a change of 2% or less in shares counts as unchanged.
Other quarters
Source: SEC Form 13F-HR, accession 0001039565-25-000006, 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.