13F filing recap · Q4 2014

What did Kahn Brothers Group buy in Q4 2014?

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

Stock value

$580.19M

Positions

Estimated turnover

8.3%

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

BPBp Plc$33.07Mreported value+23.1K shares+2.7%BBBlackberry Limited$20.27Mreported value+290.0K shares+18.6%PTENPatterson Uti Energy Inc$14.78Mreported value+264.4K shares+42.2%NVSNovartis AG$2.87Mreported value+600 shares+2.0%BMYBristol-Myers Squibb Company$1.68Mreported value+750 shares+2.7%

Reduced positions

CCitigroup Inc$64.42Mreported value-38.1K shares-3.1%MRKMerck & Co., Inc.$59.79Mreported value-56.4K shares-5.1%PFEPfizer Inc.$58.66Mreported value-101.9K shares-5.1%NYTThe New York Times Company$54.62Mreported value-296.0K shares