13F filing recap · Q3 2016

What did Kahn Brothers Group buy in Q3 2016?

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

Stock value

$552.09M

Positions

Estimated turnover

6.2%

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

CCitigroup Inc$51.88Mreported value+14.2K shares+1.3%BPBp Plc$45.87Mreported value+50.3K shares+4.0%BBBlackberry Limited$34.66Mreported value+327.5K shares+8.2%GSKGsk Plc$27.36Mreported value+251.7K shares+66.2%

Reduced positions

MRKMerck & Co., Inc.$59.79Mreported value-6.9K shares-0.7%HOLXHologic Inc$47.94Mreported value-42.5K shares-3.3%NYTThe New York Times Company$44.67Mreported value-21.3K shares-0.6%MBIMbia Inc.$33.85Mreported value-10.0K shares

Exited positions

514928100LANDMARK SAVINGS BANK$210.4Kprior reported value-8.3K shares-100.0%FNFGFirst Niagara Financial Group Inc.$154.4Kprior reported value-15.9K shares-100.0%