13F filing recap · Q4 2006

What did Kahn Brothers Group buy in Q4 2006?

Reported stock-position changes between this filing and the previous one.

Stock value

$634.10M

Positions

Estimated turnover

6.7%

Turnover is a proxy: verified trade-origin share changes valued at period-end and divided by average reported stock value. SEC holdings reports do not disclose execution dates or prices. Corporate actions and unreconciled activity are excluded.

Increased positions

NYCBFlagstar Bank, National Association$58.18Mreported value+20.0K shares+0.6%IDTIdt Corp$35.65Mreported value+267.5K shares+11.3%VOXXVoxx International Corp$32.23Mreported value+37.7K shares+1.5%BMYBristol-Myers Squibb Company$32.23Mreported value+100.7K shares+9.0%NTPNam Tai Electronics Inc$19.36Mreported value+186.2K shares+17.1%FNFGFirst Niagara Financial Group Inc.$16.57Mreported value+33.3K shares+3.1%MEDQMedquist Inc.$14.52Mreported value+121.2K shares+12.8%PFEPfizer Inc.$13.18Mreported value+171.6K shares+50.8%FFICFlushing Financial Corporation$13.06Mreported value+14 shares+0.0%514928100LANDMARK SAVINGS BANK$1.31Mreported value+2.3K shares+5.0%FPFCFirst Place Financial Corp/oh$487.4Kreported value+19 shares+0.1%

Reduced positions

SGPSchering-Plough Corporation$48.42Mreported value-998 shares-0.0%HOLXHologic Inc$42.32Mreported value-21.9K shares-2.4%MRKMerck & Co., Inc.$40.28Mreported value-11.5K shares-1.2%CNACna Financial Corp$28.40Mreported value-6.8K shares

Exited positions

TUGMaritrans Inc.$19.63Mprior reported value-526.5K shares-100.0%NFBNorth Fork Bancorporation$643.0Kprior reported value-22.5K shares-100.0%PSSPayless Shoesource, Inc.$568.2Kprior reported value-21.2K shares-100.0%LULucent Technologies Inc$36.1Kprior reported value-14.9K shares