13F filing recap · Q1 2013

What did Pabrai Investments buy in Q1 2013?

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

Stock value

$339.56M

Positions

Estimated turnover

40.3%

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

GMGeneral Motors Company$69.90Mreported value+4.69M shares+377.4%CHKChesapeake Energy Corporation$65.60Mreported value+58.3K shares+1.8%

Reduced positions

CCitigroup Inc$69.01Mreported value-247.0K shares-13.7%GSThe Goldman Sachs Group, Inc.$20.88Mreported value-55.0K shares-27.9%

Exited positions

GMGeneral Motors Company$60.07Mprior reported value-2.08M shares-100.0%