13F filing recap · Q2 2016

What did Pabrai Investments buy in Q2 2016?

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

Stock value

$296.27M

Positions

Estimated turnover

12.6%

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.

New positions

AERAercap Holdings N.v.$20.97Mreported value+624.2K shares

Reduced positions

FCAUFiat Chrysler Automobiles N.v.$84.36Mreported value-1.0K shares-0.0%GMGeneral Motors Company$62.66Mreported value-2.0K shares-0.0%RACEFerrari N.v.$43.53Mreported value-208.2K shares-16.3%SRGSeritage Growth Properties$26.37Mreported value-1.5K shares

Exited positions

WLRHWl Ross Holding Corp.$10.39Mprior reported value-990.5K shares-100.0%WLRHWl Ross Holding Corp.$360.0Kprior reported value-35.9K shares-100.0%