We are live on ! Find out more
MP

Mohnish Pabrai Dalal Street

AUM $327M
1-Year Est. Return 71.47%
 

Mohnish Pabrai is the managing partner of Pabrai Investment Funds (Dalal Street) and a well-known practitioner of concentrated value investing. Heavily influenced by Warren Buffett and Charlie Munger, he favors simple businesses, high conviction, and a checklist-driven decision process. Pabrai is also an author and educator whose talks and books have made his approach popular among individual investors.

This Fund
S&P 500
This Quarter Est. Return
-2.83%
1 Year Est. Return
+71.47%
3 Year Est. Return
+92.7%
5 Year Est. Return
+28.39%
10 Year Est. Return
+378.98%
AUM
$414M
AUM Growth
-$66.8M
Cap. Flow
-$47.6M
Cap. Flow %
-11.5%
Top 10 Hldgs %
100%
Holding
11
New
2
Increased
–
Reduced
2
Closed
2

Top Buys

Rank Stock Value
1
NXEO
Nexeo Solutions, Inc. Common Stock
NXEO
+$404K

Top Sells

Rank Stock Value
1
CHK
Chesapeake Energy Corporation
CHK
+$20.8M
2
GS icon
Goldman Sachs
GS
+$17.9M
3
BAC icon
Bank of America
BAC
+$5.91M
4
PKX icon
POSCO
PKX
+$3.59M

Sector Composition

Rank Sector Weight
1 Financials 36.56%
2 Materials 17.2%
3 Consumer Discretionary 0.18%
4 Energy 0%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
ZINC
1
DELISTED
HORSEHEAD HLDG CORP COM STK (DE)
ZINC
$105M 25.29%
6,333,296
– –
GM.WS.B
2
DELISTED
General Motors Company
GM.WS.B
$85.8M 20.73%
5,935,015
– –
BAC icon
3
Bank of America
BAC
$431B
$76.8M 18.55%
4,504,000
-371,000
-8% -$5.91M
C icon
4
Citigroup
C
$221B
$73.6M 17.78%
1,420,000
– –
PKX icon
5
POSCO
PKX
$17.3B
$70.8M 17.1%
932,634
-45,000
-5% -$3.59M
BRK.B icon
6
Berkshire Hathaway Class B
BRK.B
$1.06T
$970K 0.23%
7,025
– –
GM icon
7
General Motors
GM
$77.2B
$744K 0.18%
23,305
– –
NXEO
8
DELISTED
Nexeo Solutions, Inc. Common Stock
NXEO
$407K 0.1%
+41,144
New +$404K
GS icon
9
Goldman Sachs
GS
$303B
– –
-106,863
Closed -$17.9M
CHK
10
DELISTED
Chesapeake Energy Corporation
CHK
– –
-3,530
Closed -$20.8M

Similar funds

TAFW
Tred Avon Family Wealth Easton, Maryland $327M AUM 24.59% 1-Year Est. Return
RL
Rogco LP Claremore, Oklahoma $327M AUM 19.49% 1-Year Est. Return
WAOTB
Wealth Advisors of Tampa Bay Tampa, Florida $327M AUM 30.12% 1-Year Est. Return
JAM
JCIC Asset Management Toronto, Ontario, Canada $326M AUM 31.94% 1-Year Est. Return
RWPA
Richard W. Paul & Associates Novi, Michigan $327M AUM 21.99% 1-Year Est. Return
EC
Engaged Capital Newport Beach, California $327M AUM 22.96% 1-Year Est. Return
CIM
Capital Investment Management Lees Summit, Missouri $326M AUM
VWM
Vigilare Wealth Management Scottsdale, Arizona $326M AUM 21.58% 1-Year Est. Return

Mohnish Pabrai's Q3 2014 Portfolio in Review

As of Q3 2014, Mohnish Pabrai held 11 positions worth $414M, down 14% from $481M the previous quarter. Its ten largest holdings account for 100% of the portfolio.

Mohnish Pabrai withdrew a net $47.6M in Q3 2014, closing 2 positions and reducing 2 holdings. Its most notable exit was Chesapeake Energy Corporation, an estimated $20.8M position sold in full.

By sector, the portfolio is most concentrated in Financials at 37% of assets, up from 33% a quarter earlier, followed by Materials and Consumer Discretionary.

Against the trend, Mohnish Pabrai opened a new position in Nexeo Solutions, Inc. Common Stock worth $407K.

  • Mohnish Pabrai's largest Q3 2014 buy was Nexeo Solutions, Inc. Common Stock: 41,144 shares worth $407K.
  • Mohnish Pabrai's biggest Q3 2014 reduction was Bank of America, cutting an estimated $5.91M.
  • Mohnish Pabrai fully exited Chesapeake Energy Corporation in Q3 2014, selling an estimated $20.8M.
  • Mohnish Pabrai's ten largest holdings make up 100% of its $414M portfolio in Q3 2014.
  • Mohnish Pabrai opened 2 new positions and closed 2 in Q3 2014.
  • Mohnish Pabrai's portfolio value fell 14% quarter-over-quarter to $414M.

Based on Dalal Street's 13F filing for Q3 2014, filed 12 Nov 2014.