Mohnish Pabrai – Dalal Street Portfolio Activity & Recent Trades (Sep 30, 2025)
As of Sep 30, 2025, the Dalal Street portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on Nov 13, 2025. The activity included new positions, additions to existing holdings, reductions, and complete exits, providing a clear view of how the portfolio evolved during the quarter.
During Q3 2025, the filing reported:
New Buys – Transocean
Increases – Alpha Metallurgical Resources, , Warrior Met Coal, Inc.
Reductions – Noble Corporation plc, Valaris Ltd
Complete Exits – AutoNation, Inc.
These updates highlight how the portfolio adjusted across different sectors and market conditions, offering insights into allocation shifts and investment trends.
| Date | Symbol | Name | Type | Change Qty | % Change | Value | Remaining |
|---|---|---|---|---|---|---|---|
Q3 2025 | AMR Alpha Metallurgical Resources, | Alpha Metallurgical Resources, | Buy | +71,673 | +15.6% | $87.30M | 532,000 |
Q3 2025 | AN AutoNation, Inc. | AutoNation, Inc. | Sell - Position Exit | -61,000 | -100.0% | $0.00 | - |
Q3 2025 | H8817H100 Transocean | Transocean | Buy - Position Entry | +24,442,332 | - | $76.26M | 24,442,332 |
Q3 2025 | HCC Warrior Met Coal, Inc. | Warrior Met Coal, Inc. | Buy | +86 | +0.0% | $114.54M | 1,799,831 |
Q3 2025 | NE Noble Corporation plc | Noble Corporation plc | Sell | -1,489,744 | -86.2% | $6.76M | 239,000 |
Q3 2025 | VAL Valaris Ltd | Valaris Ltd | Sell | -817,522 | -43.4% | $52.00M | 1,066,255 |
Q2 2025 | AMR Alpha Metallurgical Resources, | Alpha Metallurgical Resources, | Buy | +45,711 | +11.0% | $51.78M | 460,327 |
Q2 2025 | AN AutoNation, Inc. | AutoNation, Inc. | Buy - Position Entry | +61,000 | - | $12.12M | 61,000 |
Q2 2025 | HCC Warrior Met Coal, Inc. | Warrior Met Coal, Inc. | Buy | +165 | +0.0% | $82.48M | 1,799,745 |
Q2 2025 | VAL Valaris Ltd | Valaris Ltd | Buy | +456,213 | +32.0% | $79.33M | 1,883,777 |
Q1 2025 | AMR Alpha Metallurgical Resources, | Alpha Metallurgical Resources, | Sell | -72,635 | -14.9% | $51.93M | 414,616 |
Q1 2025 | CEIX CONSOL Energy Inc. | CONSOL Energy Inc. | Sell - Position Exit | -594,950 | -100.0% | $0.00 | - |
Q1 2025 | HCC Warrior Met Coal, Inc. | Warrior Met Coal, Inc. | Buy | +94,910 | +5.6% | $85.88M | 1,799,580 |
Q1 2025 | NE Noble Corporation plc | Noble Corporation plc | Buy - Position Entry | +1,728,744 | - | $40.97M | 1,728,744 |
Q1 2025 | VAL Valaris Ltd | Valaris Ltd | Buy - Position Entry | +1,427,564 | - | $56.05M | 1,427,564 |
Q4 2024 | AMR Alpha Metallurgical Resources, | Alpha Metallurgical Resources, | Buy | +7,553 | +1.6% | $97.51M | 487,251 |
Q4 2024 | ARCH Arch Resources, Inc. | Arch Resources, Inc. | Sell - Position Exit | -31,002 | -100.0% | $0.00 | - |
Q4 2024 | CEIX CONSOL Energy Inc. | CONSOL Energy Inc. | Sell | -175,692 | -22.8% | $63.47M | 594,950 |
Q4 2024 | HCC Warrior Met Coal, Inc. | Warrior Met Coal, Inc. | Buy | +1,006,263 | +144.1% | $92.46M | 1,704,670 |
Q3 2024 | AMR Alpha Metallurgical Resources, | Alpha Metallurgical Resources, | Buy | +30,738 | +6.8% | $113.30M | 479,698 |
Q3 2024 | ARCH Arch Resources, Inc. | Arch Resources, Inc. | Sell | -361,386 | -92.1% | $4.28M | 31,002 |
Q3 2024 | CEIX CONSOL Energy Inc. | CONSOL Energy Inc. | Buy | +598,604 | +347.9% | $80.65M | 770,642 |
Q3 2024 | HCC Warrior Met Coal, Inc. | Warrior Met Coal, Inc. | Buy | +226,888 | +48.1% | $44.63M | 698,407 |
Q2 2024 | AMR Alpha Metallurgical Resources, | Alpha Metallurgical Resources, | Buy | +44,603 | +11.0% | $125.95M | 448,960 |
Q2 2024 | ARCH Arch Resources, Inc. | Arch Resources, Inc. | Buy | +252,080 | +179.7% | $59.73M | 392,388 |
Q2 2024 | CEIX CONSOL Energy Inc. | CONSOL Energy Inc. | Sell | -193,969 | -53.0% | $17.55M | 172,038 |
Q2 2024 | HCC Warrior Met Coal, Inc. | Warrior Met Coal, Inc. | Buy | +756 | +0.2% | $29.60M | 471,519 |
Q1 2024 | AMR Alpha Metallurgical Resources, | Alpha Metallurgical Resources, | Buy | +10,044 | +2.5% | $133.91M | 404,357 |
Q1 2024 | ARCH Arch Resources, Inc. | Arch Resources, Inc. | Sell | -94,686 | -40.3% | $22.56M | 140,308 |
Q1 2024 | CEIX CONSOL Energy Inc. | CONSOL Energy Inc. | Sell | -3,000 | -0.8% | $30.66M | 366,007 |