Thomas Graham, Alan, Irving Kahns - Kahn Brothers Group 13F Activity & Position Changes (Q2 2025)

As of Jun 30, 2025, the Kahn Brothers Group portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on Aug 14, 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 Q2 2025, the filing reported:

New Buys - Pine Cliff Energy, Trinity Place, Comcast Corporation, Alphabet Inc., GSK plc, and 2 more

Increases - Peyto Exploration, Tourmaline Oil, Apple Inc., Bayer A.G., Citigroup, Inc., and 7 more

Reductions - Bank of America Corporation, Bristol-Myers Squibb Company, BP p.l.c., CSX Corporation, Assured Guaranty, and 12 more

Complete Exits - The Cigna Group, Capital One Financial Corporati, Garrett Motion Inc., Hologic, Inc., Lifeway Foods, Inc., and 2 more

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
Q2 2025	717046106 Peyto Exploration	Peyto Exploration	Buy	+12,500	+63.1%	$460.58K	32,307
Q2 2025	722524105 Pine Cliff Energy	Pine Cliff Energy	Buy - Position Entry	+530,000	-	$244.74K	530,000
Q2 2025	89156V106 Tourmaline Oil	Tourmaline Oil	Buy	+10,750	+62.5%	$1.35M	27,959
Q2 2025	896CNT011 Trinity Place	Trinity Place	Buy - Position Entry	+166,999	-	$6.68K	166,999
Q2 2025	AAPL Apple Inc.	Apple Inc.	Buy	+200	+7.2%	$613.87K	2,992
Q2 2025	BAC Bank of America Corporation	Bank of America Corporation	Sell	-5,388	-31.2%	$562.49K	11,887
Q2 2025	BAYRY Bayer A.G.	Bayer A.G.	Buy	+155,210	+2.4%	$50.73M	6,728,903
Q2 2025	BMY Bristol-Myers Squibb Company	Bristol-Myers Squibb Company	Sell	-46,745	-7.8%	$25.49M	550,683
Q2 2025	BP BP p.l.c.	BP p.l.c.	Sell	-20,595	-1.8%	$33.80M	1,129,372
Q2 2025	C Citigroup, Inc.	Citigroup, Inc.	Buy	+9,885	+1.1%	$75.47M	886,688
Q2 2025	CI The Cigna Group	The Cigna Group	Sell - Position Exit	-841	-100.0%	$0.00	-
Q2 2025	CMCSA Comcast Corporation	Comcast Corporation	Buy - Position Entry	+6,380	-	$227.70K	6,380
Q2 2025	COF Capital One Financial Corporati	Capital One Financial Corporati	Sell - Position Exit	-1,971	-100.0%	$0.00	-
Q2 2025	CSX CSX Corporation	CSX Corporation	Sell	-8,000	-16.4%	$1.33M	40,731
Q2 2025	DIS Walt Disney Company (The)	Walt Disney Company (The)	Buy	+44,275	+12.7%	$48.67M	392,450
Q2 2025	G0585R106 Assured Guaranty	Assured Guaranty	Sell	-141,645	-76.3%	$3.83M	43,986
Q2 2025	GNE Genie Energy Ltd.	Genie Energy Ltd.	Sell	-3,609	-1.8%	$5.35M	198,999
Q2 2025	GOOG Alphabet Inc.	Alphabet Inc.	Buy - Position Entry	+71,091	-	$6.59M	71,091
Q2 2025	GSK GSK plc	GSK plc	Buy - Position Entry	+659,872	-	$25.34M	659,872
Q2 2025	GTX Garrett Motion Inc.	Garrett Motion Inc.	Sell - Position Exit	-12,318	-100.0%	$0.00	-
Q2 2025	HLN Haleon plc	Haleon plc	Sell	-65,872	-35.7%	$1.23M	118,437
Q2 2025	HOLX Hologic, Inc.	Hologic, Inc.	Sell - Position Exit	-19,757	-100.0%	$0.00	-
Q2 2025	IDT IDT Corporation	IDT Corporation	Buy	+31,028	+8.5%	$27.09M	396,564
Q2 2025	JPM JP Morgan Chase & Co.	JP Morgan Chase & Co.	Buy - Position Entry	+2,775	-	$804.50K	2,775
Q2 2025	LWAY Lifeway Foods, Inc.	Lifeway Foods, Inc.	Sell - Position Exit	-10,000	-100.0%	$0.00	-
Q2 2025	MRK Merck & Company, Inc.	Merck & Company, Inc.	Sell	-1,810	-0.4%	$38.83M	490,465
Q2 2025	MSFT Microsoft Corporation	Microsoft Corporation	Buy	+66	+3.6%	$947.57K	1,905
Q2 2025	NVS Novartis AG	Novartis AG	Sell	-3,438	-15.7%	$2.24M	18,471
Q2 2025	NYCB		Buy	+104,179	+2.5%	$45.80M	4,321,165
Q2 2025	OBT Orange County Bancorp, Inc.	Orange County Bancorp, Inc.	Buy - Position Entry	+8,000	-	$206.72K	8,000

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