13F filing recap · Q3 2014

What did Pabrai Investments buy in Q3 2014?

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

Stock value

$413.95M

Positions

Estimated turnover

10.9%

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.

New positions

WLRHWl Ross Holding Corp.$407.0Kreported value+41.1K shares WLRHWl Ross Holding Corp.$157.0Kreported value+14.7K shares

Reduced positions

BACBank of America Corp$76.79Mreported value-371.0K shares-7.6%PKXPosco Holdings Inc.$70.79Mreported value-45.0K shares-4.6%

Exited positions

CHKChesapeake Energy Corporation$20.76Mprior reported value-668.0K shares-100.0%GSThe Goldman Sachs Group, Inc.$17.89Mprior reported value-106.9K shares-100.0%