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 |
Alphabet (Google) Class C
GOOG
|
+$11.7M |
| 2 |
Organon & Co
OGN
|
+$10.3M |
| 3 |
Walt Disney
DIS
|
+$4.6M |
| 4 |
IDT Corp
IDT
|
+$1.78M |
| 5 |
FLG
Flagstar Bank National Association
FLG
|
+$1.19M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Assured Guaranty
AGO
|
+$12.1M |
| 2 |
GSK
GSK
|
+$6.2M |
| 3 |
Bristol-Myers Squibb
BMY
|
+$2.29M |
| 4 |
HOLX
Hologic
HOLX
|
+$1.22M |
| 5 |
Haleon
HLN
|
+$695K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 39.23% |
| 2 | Financials | 26.52% |
| 3 | Communication Services | 16.65% |
| 4 | Energy | 9.82% |
| 5 | Consumer Staples | 5.06% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
Citigroup
C
$221B
| $75.5M | 15.16% |
886,688
+9,885
| +1% | +$715K |
|
|
BAY
2
DELISTED
BAYER AG SPONS ADR
BAY
| $50.7M | 10.19% |
6,728,903
+155,210
| +2% | +$1.17M |
|
|
3
Walt Disney
DIS
$186B
| $48.7M | 9.77% |
392,450
+44,275
| +13% | +$4.6M |
|
|
FLG
4
Flagstar Bank National Association
FLG
$5.59B
| $45.8M | 9.2% |
4,321,165
+104,179
| +2% | +$1.19M |
|
5
Merck
MRK
$376B
| $38.8M | 7.8% |
490,465
-1,810
| -0.4% | -$144K |
|
6
BP
BP
$115B
| $33.8M | 6.79% |
1,129,372
-20,595
| -2% | -$604K |
|
|
7
Organon & Co
OGN
$3.61B
| $33.8M | 6.78% |
3,490,150
+996,766
| +40% | +$10.3M |
|
|
8
IDT Corp
IDT
$1.69B
| $27.1M | 5.44% |
396,564
+31,028
| +8% | +$1.78M |
|
|
9
Bristol-Myers Squibb
BMY
$137B
| $25.5M | 5.12% |
550,683
-46,745
| -8% | -$2.29M |
|
|
10
GSK
GSK
$105B
| $25.3M | 5.09% |
659,872
-162,355
| -20% | -$6.2M |
|
11
Seaboard Corp
SEB
$4.08B
| $24.7M | 4.95% |
8,623
-202
| -2% | -$533K |
|
12
Pfizer
PFE
$160B
| $17.7M | 3.56% |
730,989
-4,200
| -0.6% | -$97.9K |
|
13
Patterson-UTI
PTEN
$4.71B
| $11.4M | 2.28% |
1,917,660
-19,600
| -1% | -$118K |
|
|
14
Alphabet (Google) Class C
GOOG
$4.18T
| $6.59M | 1.32% |
+71,091
| New | +$11.7M |
|
15
Genie Energy
GNE
$395M
| $5.35M | 1.07% |
198,999
-3,609
| -2% | -$69.2K |
|
|
16
Assured Guaranty
AGO
$3.27B
| $3.83M | 0.77% |
43,986
-141,645
| -76% | -$12.1M |
|
17
Novartis
NVS
$302B
| $2.24M | 0.45% |
18,471
-3,438
| -16% | -$388K |
|
18
ExxonMobil
XOM
$679B
| $2.06M | 0.41% |
19,143
+5,325
| +39% | +$569K |
|
|
FFH
19
DELISTED
FAIRFAX FINL HLDGS LTD SUB VTG
FFH
| $1.83M | 0.37% |
1,018
| – | – |
|
|
WBS
20
DELISTED
Webster Financial
WBS
| $1.64M | 0.33% |
30,089
-2,165
| -7% | -$108K |
|
21
CSX Corp
CSX
$95.6B
| $1.33M | 0.27% |
40,731
-8,000
| -16% | -$241K |
|
|
22
Haleon
HLN
$44B
| $1.23M | 0.25% |
118,437
-65,872
| -36% | -$695K |
|
23
Antero Resources
AR
$11.7B
| $1M | 0.2% |
24,906
| – | – |
|
24
Microsoft
MSFT
$3.59T
| $948K | 0.19% |
1,905
+66
| +4% | +$28.7K |
|
25
JPMorgan Chase
JPM
$935B
| $805K | 0.16% |
+2,775
| New | +$708K |
|
Similar funds
Kahn Brothers's Q2 2025 Portfolio in Review
As of Q2 2025, Kahn Brothers held 61 positions worth $498M, up 0.71% from $494M the previous quarter. Its ten largest holdings account for 81% of the portfolio.
Kahn Brothers's Q2 2025 filing shows 6 new, 12 increased, 18 reduced and 11 closed positions. Its largest new stake was Alphabet (Google) Class C: 71,091 shares worth $6.59M. The largest sale was Assured Guaranty, an estimated $12.1M.
By sector, the portfolio is most concentrated in Healthcare at 39% of assets, down from 43% a quarter earlier, followed by Financials and Communication Services.
- Kahn Brothers's largest Q2 2025 buy was Alphabet (Google) Class C: 71,091 shares worth $6.59M.
- Kahn Brothers added most to Organon & Co in Q2 2025, an estimated $10.3M increase.
- Kahn Brothers's biggest Q2 2025 reduction was Assured Guaranty, cutting an estimated $12.1M.
- Kahn Brothers fully exited Hologic in Q2 2025, selling an estimated $1.22M.
- Kahn Brothers's ten largest holdings make up 81% of its $498M portfolio in Q2 2025.
- Kahn Brothers opened 6 new positions and closed 11 in Q2 2025.
- Kahn Brothers's portfolio value rose 0.71% quarter-over-quarter to $498M.
Based on Kahn Brothers Group's 13F filing for Q2 2025, filed 14 Aug 2025.