13F filing recap · Q2 2015

What did Kahn Brothers Group buy in Q2 2015?

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

Stock value

$593.05M

Positions

Estimated turnover

7.6%

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$36.46Mreported value+5.4K shares+0.6%BBBlackberry Limited$27.02Mreported value+943.1K shares+40.0%MBIMbia Inc.$20.80Mreported value+1.50M shares+76.5%PTENPatterson Uti Energy Inc$19.19Mreported value+40.1K shares+4.1%NTPIFNam Tai Property Inc.$14.06Mreported value+1.3K shares+0.0%TPHSTrinity Place Holdings Inc.$9.21Mreported value+17.5K shares+1.5%BMYBristol-Myers Squibb Company$1.92Mreported value+400 shares+1.4%514928100LANDMARK SAVINGS BANK$820.6Kreported value+202 shares+0.6%

Reduced positions

CCitigroup Inc$62.25Mreported value-4.1K shares-0.4%PFEPfizer Inc.$59.51Mreported value-36.1K shares-2.0%MRKMerck & Co., Inc.$57.88Mreported value-13.2K shares-1.3%NYCBFlagstar Bank, National Association$56.25Mreported value-178.9K shares

Exited positions

STRQuestar Corporation$380.6Kprior reported value-15.9K shares-100.0%ASTEAstec Industries, Inc.$214.4Kprior reported value-5.0K shares-100.0%