Kahn Brothers Kahn Brothers Group
Kahn Brothers Group is a value investment firm founded in the tradition of Benjamin Graham and long associated with the Kahn family of investors. The firm is known for deep-value security analysis, patience, and a multi-decade orientation to intrinsic value. Its filings are followed by classic value investors seeking Graham-and-Dodd style managers still active in public markets.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Organon & Co
OGN
|
+$14.2M |
| 2 |
BAY
BAYER AG SPONS ADR
BAY
|
+$12.4M |
| 3 |
FLG
Flagstar Bank National Association
FLG
|
+$7.39M |
| 4 |
IDT Corp
IDT
|
+$6.14M |
| 5 |
Capital One
COF
|
+$372K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Assured Guaranty
AGO
|
+$8.96M |
| 2 |
Bristol-Myers Squibb
BMY
|
+$5.41M |
| 3 |
GSK
GSK
|
+$2.29M |
| 4 |
Citigroup
C
|
+$2.29M |
| 5 |
Merck
MRK
|
+$1.55M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 43.21% |
| 2 | Financials | 27% |
| 3 | Energy | 11.75% |
| 4 | Communication Services | 10.82% |
| 5 | Consumer Staples | 4.98% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Citigroup
C
$221B
| $62.2M | 12.59% |
876,803
-29,976
| -3% | -$2.29M |
|
|
FLG
2
Flagstar Bank National Association
FLG
$5.59B
| $49M | 9.91% |
4,216,986
+657,285
| +18% | +$7.39M |
|
|
3
Merck
MRK
$376B
| $44.2M | 8.94% |
492,275
-16,633
| -3% | -$1.55M |
|
|
BAY
4
DELISTED
BAYER AG SPONS ADR
BAY
| $39.6M | 8% |
6,573,693
+2,067,470
| +46% | +$12.4M |
|
5
BP
BP
$115B
| $38.9M | 7.86% |
1,149,967
-42,063
| -4% | -$1.37M |
|
|
6
Organon & Co
OGN
$3.61B
| $37.1M | 7.51% |
2,493,384
+926,111
| +59% | +$14.2M |
|
|
7
Bristol-Myers Squibb
BMY
$137B
| $36.4M | 7.37% |
597,428
-92,824
| -13% | -$5.41M |
|
8
Walt Disney
DIS
$186B
| $34.4M | 6.95% |
348,175
-4,851
| -1% | -$521K |
|
|
9
GSK
GSK
$105B
| $31.9M | 6.44% |
822,227
-62,481
| -7% | -$2.29M |
|
10
Seaboard Corp
SEB
$4.08B
| $23.8M | 4.81% |
8,825
-193
| -2% | -$508K |
|
|
11
IDT Corp
IDT
$1.69B
| $18.8M | 3.79% |
365,536
+126,655
| +53% | +$6.14M |
|
12
Pfizer
PFE
$160B
| $18.6M | 3.77% |
735,189
-25,901
| -3% | -$678K |
|
|
13
Assured Guaranty
AGO
$3.27B
| $16.4M | 3.31% |
185,631
-99,942
| -35% | -$8.96M |
|
14
Patterson-UTI
PTEN
$4.71B
| $15.9M | 3.22% |
1,937,260
-59,111
| -3% | -$496K |
|
15
Genie Energy
GNE
$395M
| $3.05M | 0.62% |
202,608
-14,336
| -7% | -$209K |
|
16
Novartis
NVS
$302B
| $2.44M | 0.49% |
21,909
+728
| +3% | +$77.5K |
|
17
Haleon
HLN
$44B
| $1.9M | 0.38% |
184,309
-18,724
| -9% | -$184K |
|
|
WBS
18
DELISTED
Webster Financial
WBS
| $1.66M | 0.34% |
32,254
-242
| -0.7% | -$13.5K |
|
19
ExxonMobil
XOM
$679B
| $1.64M | 0.33% |
13,818
-156
| -1% | -$17.3K |
|
|
FFH
20
DELISTED
FAIRFAX FINL HLDGS LTD SUB VTG
FFH
| $1.47M | 0.3% |
1,018
| – | – |
|
21
CSX Corp
CSX
$95.6B
| $1.43M | 0.29% |
48,731
-1,089
| -2% | -$34.6K |
|
|
HOLX
22
DELISTED
Hologic
HOLX
| $1.22M | 0.25% |
19,757
-9,834
| -33% | -$652K |
|
23
Antero Resources
AR
$11.7B
| $1.01M | 0.2% |
24,906
-5,250
| -17% | -$201K |
|
24
Bank of America
BAC
$431B
| $721K | 0.15% |
17,275
-2,155
| -11% | -$96K |
|
25
Microsoft
MSFT
$3.59T
| $691K | 0.14% |
1,839
| – | – |
|
Similar funds
Kahn Brothers's Q1 2025 Portfolio in Review
As of Q1 2025, Kahn Brothers held 58 positions worth $494M, up 7.4% from $460M the previous quarter. Its ten largest holdings account for 80% of the portfolio.
Kahn Brothers deployed $15.1M of net new capital in Q1 2025, opening 6 new positions and adding to 6 existing holdings. Its largest new stake was Capital One: 1,971 shares worth $353K.
By sector, the portfolio is most concentrated in Healthcare at 43% of assets, up from 42% a quarter earlier, followed by Financials and Energy.
On the sell side, the largest reduction was Assured Guaranty, an estimated $8.96M trimmed.
- Kahn Brothers's largest Q1 2025 buy was Capital One: 1,971 shares worth $353K.
- Kahn Brothers added most to Organon & Co in Q1 2025, an estimated $14.2M increase.
- Kahn Brothers's biggest Q1 2025 reduction was Assured Guaranty, cutting an estimated $8.96M.
- Kahn Brothers fully exited VOXX International Corporation Class A in Q1 2025, selling an estimated $846K.
- Kahn Brothers's ten largest holdings make up 80% of its $494M portfolio in Q1 2025.
- Kahn Brothers opened 6 new positions and closed 3 in Q1 2025.
- Kahn Brothers's portfolio value rose 7.4% quarter-over-quarter to $494M.
Based on Kahn Brothers Group's 13F filing for Q1 2025, filed 15 May 2025.