Thomas Graham, Alan, Irving Kahns - Kahn Brothers Group Investment Strategy (Sep 30, 2025)
As of Sep 30, 2025, the Kahn Brothers Group portfolio managed by Thomas Graham, Alan, Irving Kahns demonstrates a sophisticated investment approach with 43 positions and an average holding period of 3304 quarters. The strategy focuses on Communication Services, Energy, Financial Services, Healthcare, Industrials, Real Estate, Technology, Utilities sectors with a typical position size of 4.0% of the portfolio.
The portfolio's risk management approach includes a maximum position size of 4% and sector diversification of 8%, exemplified by the case study of CITIGROUP (C). This strategic framework provides insights into Thomas Graham, Alan, Irving Kahns's investment philosophy, risk management practices, and long-term value creation approach.
Investment Strategy Metrics
Key metrics revealing investment style, risk management, and performance characteristics
| Metric | Value | Category | Description |
|---|---|---|---|
| Holding Period | 9.1 years | Style | Average duration positions are maintained |
| Position Count | 43 | Style | Number of active positions in portfolio |
| Position Size | 4.0% | Risk | Typical allocation per position |
| Win Rate | 46.3% | Performance | Percentage of profitable positions |
| Average Return | 7.2% | Performance | Mean return across positions |
| Sharpe Ratio | 0.07 | Performance | Return per unit of risk taken |
Investment Case Study: CITIGROUP (C)
3/31/2022 - 12/26/2025
Performance Metrics
Total Return: 25.40%
Holding Period: 1366 days
Max Position Size: $75,852,750.00
Position Weight: 9.63%
Key Events
Investment Thesis
Entry Context: Initial position established based on fundamental analysis
Sector Conditions: Favorable market conditions in the sector
- Market volatility
- Sector-specific risks
Key Learnings
- Position sizing is critical for portfolio management
- Important to monitor sector exposure