Kahn Brothers Group Inc 13F annual report
Kahn Brothers Group Inc is an investment fund managing more than $595 billion ran by Thomas Kahn. There are currently 52 companies in Mr. Kahn’s portfolio. The largest investments include Citigroup Inc and Merck, together worth $149 billion.
$595 billion Assets Under Management (AUM)
As of 7th August 2024, Kahn Brothers Group Inc’s top holding is 1,194,852 shares of Citigroup Inc currently worth over $75.8 billion and making up 12.7% of the portfolio value.
Relative to the number of outstanding shares of Citigroup Inc, Kahn Brothers Group Inc owns more than approximately 0.1% of the company.
In addition, the fund holds 591,911 shares of Merck worth $73.3 billion.
The third-largest holding is BP plc worth $59.2 billion and the next is GSK Plc worth $47.8 billion, with 1,241,261 shares owned.
Currently, Kahn Brothers Group Inc's portfolio is worth at least $595 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Kahn Brothers Group Inc
The Kahn Brothers Group Inc office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Thomas Kahn serves as the President at Kahn Brothers Group Inc.
Recent trades
In the most recent 13F filing, Kahn Brothers Group Inc revealed that it had opened a new position in
Orange County Bancorp and bought 4,000 shares worth $212 million.
The investment fund also strengthened its position in New York Community by buying
5,998,313 additional shares.
This makes their stake in New York Community total 12,211,602 shares worth $39.3 billion.
On the other hand, there are companies that Kahn Brothers Group Inc is getting rid of from its portfolio.
Kahn Brothers Group Inc closed its position in Eagle Bulk Shipping Inc on 14th August 2024.
It sold the previously owned 4,460 shares for $279 million.
Thomas Kahn also disclosed a decreased stake in Citigroup Inc by approximately 0.1%.
This leaves the value of the investment at $75.8 billion and 1,194,852 shares.
One of the average hedge funds
The two most similar investment funds to Kahn Brothers Group Inc are Mmcap International Spc and Sendero Wealth Management. They manage $595 billion and $594 billion respectively.
Thomas Kahn investment strategy
Kahn Brothers Group Inc’s portfolio is diversified across 10 sectors.
Currently, their heaviest sector is Finance — making up 22.0% of
the total portfolio value.
The fund focuses on investments in the United States as
44.2% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
25% of the total holdings value.
On the other hand, small-cap stocks make up only 5.8% of the portfolio.
The average market cap of the portfolio companies is close to $204 billion.
The complete list of Kahn Brothers Group Inc trades based on 13F SEC filings
These positions were updated on August 14th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Citigroup Inc |
0.38%
1,194,852
|
$75,825,496,000 | 12.74% |
| Merck |
3.57%
591,911
|
$73,278,768,000 | 12.32% |
| BP plc |
1.51%
1,640,402
|
$59,218,953,000 | 9.95% |
| GSK Plc |
0.99%
1,241,261
|
$47,788,450,000 | 8.03% |
| New York Community |
96.54%
12,211,602
|
$39,321,607,000 | 6.61% |
| Organon |
40.74%
1,661,023
|
$34,382,763,000 | 5.78% |
| Bristol-Myers Squibb Co. |
0.57%
827,258
|
$34,355,534,000 | 5.77% |
| Bayer Ag Spons Adr |
41.15%
4,374,455
|
$30,795,897,000 | 5.18% |
| MBIA Inc. |
7.60%
5,570,263
|
$30,580,277,000 | 5.14% |
| Seaboard Corp. |
1.91%
9,225
|
$29,158,160,000 | 4.90% |
| Pfizer Inc. |
1.98%
1,002,430
|
$28,047,789,000 | 4.71% |
| Patterson Energy |
12.50%
2,320,854
|
$24,043,861,000 | 4.04% |
| Assured Guaranty Ltd |
68.98%
301,087
|
$23,228,963,000 | 3.90% |
| Disney |
135.17%
220,903
|
$21,932,967,000 | 3.69% |
| IDT Corp. |
4.06%
331,507
|
$11,908,118,000 | 2.00% |
| VOXX International Corp |
38.18%
1,761,704
|
$5,566,803,000 | 0.94% |
| Genie Energy Ltd |
0.69%
291,665
|
$4,264,323,000 | 0.72% |
| Haleon |
48.10%
246,147
|
$2,033,344,000 | 0.34% |
| Hologic, Inc. |
3.40%
25,591
|
$1,900,332,000 | 0.32% |
| Novartis Adr |
14.07%
17,581
|
$1,871,752,000 | 0.31% |
| CSX Corp. |
0.99%
49,820
|
$1,666,000,000 | 0.28% |
| Exxon Mobil Corp. |
1.12%
14,326
|
$1,649,000,000 | 0.28% |
| Fairfax Financial |
No change
1,018
|
$1,158,000,000 | 0.19% |
| Antero Resources Corp |
No change
30,156
|
$984,000,000 | 0.17% |
| First Natl Bk Of Alaska |
No change
4,770
|
$934,000,000 | 0.16% |
| Webster Finl |
78.74%
20,822
|
$908,000,000 | 0.15% |
| Microsoft Corporation |
3.94%
1,827
|
$816,602,000 | 0.14% |
| Bank Of America Corp. |
44.44%
18,837
|
$749,412,000 | 0.13% |
| Jp Morgan Chase |
13.19%
3,357
|
$679,000,000 | 0.11% |
| Apple Inc |
No change
2,492
|
$525,000,000 | 0.09% |
| Crew Energy |
No change
145,780
|
$457,000,000 | 0.08% |
| Verizon |
2.47%
9,774
|
$403,000,000 | 0.07% |
| Rafael Holding |
0.62%
268,684
|
$387,142,000 | 0.07% |
| Nam Tai Property Inc F |
No change
85,330
|
$341,000,000 | 0.06% |
| Zedge Inc |
3.46%
110,870
|
$338,265,000 | 0.06% |
| Public Service Enterprise |
No change
4,500
|
$332,000,000 | 0.06% |
| Cigna Group (The) |
56.77%
476
|
$330,570,000 | 0.06% |
| Navient Corp |
1.88%
22,000
|
$320,320,000 | 0.05% |
| Pepsico |
No change
1,900
|
$313,000,000 | 0.05% |
| Chevrontexaco |
No change
1,800
|
$282,000,000 | 0.05% |
| Proctor Gamble |
15.00%
1,700
|
$280,000,000 | 0.05% |
| Eagle Bulk Shipping Inc |
Closed
4,460
|
$279,000,000 | |
| Pnc Bank |
9.61%
1,740
|
$271,000,000 | 0.05% |
| Antero Midstream Corp |
No change
17,806
|
$262,000,000 | 0.04% |
| Glacier Bancorp, Inc. |
Closed
6,264
|
$252,000,000 | |
| Orange County Bancorp |
Opened
4,000
|
$212,000,000 | 0.04% |
| Peyto Exp Dev |
No change
17,807
|
$190,000,000 | 0.03% |
| Trinity Place Holdings Inc |
No change
1,525,684
|
$178,349,000 | 0.03% |
| Viatris Inc. |
57.86%
14,155
|
$150,910,000 | 0.03% |
| Lifeway Foods, Inc. |
No change
10,000
|
$128,000,000 | 0.02% |
| Garrett Motion Inc |
43.07%
12,229
|
$105,000,000 | 0.02% |
| Pine Cliff Energy |
No change
129,731
|
$96,000,000 | 0.02% |
| Idw Media |
2.60%
63,940
|
$19,605,000 | 0.00% |
| ViewRay Inc. |
No change
353,744
|
$0 | 0.00% |
| No transactions found | |||
| Showing first 500 out of 54 holdings | |||
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