Dalal Street Portfolio - Jun 30, 2025

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Dalal Street, Mohnish Pabrai, has built a diversified portfolio of 5 publicly traded holdings with a total market value of $271.6M as of Jun 30, 2025. This comprehensive analysis examines the latest 13F filing data to understand the investment strategy and recent portfolio adjustments.

The portfolio demonstrates a concentrated approach to stock selection, with the top holding representing 30.4% of the total portfolio value. The top 5 holdings account for 100.0% of the overall portfolio allocation.

Recent portfolio activity shows 10 significant position adjustments, indicating active portfolio management and strategic repositioning. These changes reflect the investor's response to market conditions and evolving investment thesis.

Portfolio Statistics

5
Total Holdings
$271.6M
Portfolio Value
Jun 30, 2025
Latest Filing
30.4%
Largest Position

Top Holdings Analysis

The portfolio's top holdings reveal the investor's core investment thesis and sector preferences. The largest position in WARRIOR MET COAL INC (HCC) represents 30.4% of the total portfolio, valued at $82.5M.

Rank Symbol Company Value Portfolio % Change
1 HCC WARRIOR MET COAL INC $82.5M 30.4% +0.0%
2 VAL VALARIS LTD $79.3M 29.2% +32.0%
3 AMR ALPHA METALLURGICAL RESOUR I $51.8M 19.1% +11.0%
4 NE NOBLE CORP PLC $45.9M 16.9% -
5 AN AUTONATION INC $12.1M 4.5% +100.0%

For a complete analysis of all holdings and detailed portfolio breakdown by sector and market cap, visit our comprehensive holdings page.

Recent Portfolio Activity

Recent portfolio adjustments provide insights into the investor's evolving strategy and market outlook. The following table shows the top 10 most significant position changes from recent reporting periods (out of 121 total transactions), sorted by the magnitude of change.

For a complete history of all portfolio transactions and detailed activity analysis, visit our comprehensive activity page.

Symbol Company Quantity Change Date Action
VAL Valaris Ltd +456,213 Jun 30, 2025 BUY
AN AutoNation, Inc. +61,000 Jun 30, 2025 BUY
AMR Alpha Metallurgical Resources, +45,711 Jun 30, 2025 BUY
HCC Warrior Met Coal, Inc. +165 Jun 30, 2025 BUY
NE Noble Corporation plc +1,728,744 Mar 31, 2025 BUY
VAL Valaris Ltd +1,427,564 Mar 31, 2025 BUY
CEIX CONSOL Energy Inc. -594,950 Mar 31, 2025 SELL
HCC Warrior Met Coal, Inc. +94,910 Mar 31, 2025 BUY
AMR Alpha Metallurgical Resources, -72,635 Mar 31, 2025 SELL
HCC Warrior Met Coal, Inc. +1,006,263 Dec 31, 2024 BUY

Investment Strategy Insights

Dalal Street's investment approach can be analyzed through several key metrics. The portfolio's concentration in top holdings suggests a high-conviction investment strategy, with significant positions in companies that align with the investor's long-term thesis.

The largest position in WARRIOR MET COAL INC (HCC) demonstrates strong conviction in this particular investment opportunity. Recent activity shows a increase of 0.0% in this position, indicating active portfolio management and strategic positioning.

Portfolio turnover can be assessed through recent activity patterns. The 10 most significant transactions shown here (out of 121 total transactions) suggest a highly active approach to portfolio management, with frequent strategic adjustments and position changes.

Additional Analysis

Dalal Street's portfolio as of Jun 30, 2025 reflects a strategic approach to equity investing with 5 holdings valued at $271.6M. The concentrated position in WARRIOR MET COAL INC and other top holdings demonstrates the investor's confidence in specific investment themes and long-term value creation opportunities. Recent activity indicates ongoing portfolio optimization and strategic repositioning.

For the most current portfolio data and detailed analysis, refer to the latest SEC 13F filings and our comprehensive holdings and activity pages, which are updated regularly with the latest filing information.

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