Mohnish Pabrai's Dalal Street Portfolio: A Deep Dive into Sector Allocations and Key Holdings
Investor Mohnish Pabrai from Dalal Street has built a diversified portfolio with significant allocations in Basic Materials, Energy, and Utilities/Energy sectors. The portfolio features notable holdings like TRANSOCEAN LTD (H8817H100) with the highest value contribution.
Mohnish Pabrai's Investment Portfolio Analysis
As of 2025-09-30, Mohnish Pabrai from Dalal Street has constructed a well-diversified investment portfolio valued at $336,857,377. The portfolio is concentrated in three primary sectors: Basic Materials, Energy, and Utilities/Energy.
Sector Allocations
The largest allocation comes from the Basic Materials sector, comprising 60% of the total portfolio value. Within this sector, two key holdings dominate:
- HCC (WARRIOR MET COAL INC): This company contributes approximately 34% to the portfolio with a total stock value of $114,541,245.
- AMR (ALPHA METALLURGICAL RESOUR I): AMR holds about 25.91% of the portfolio with a total stock value of $87,295,880.
The Energy sector accounts for 15.44% of the portfolio, primarily through VALARIS LTD (VAL), which has a total stock value of $52,001,256.
Utilities/Energy holds the smallest allocation at 2.01%, represented by NOBLE CORP PLC (NE) with a total stock value of $6,758,920.
Top Holdings
The portfolio's top holdings are driven by significant investments in:
- HCC (WARRIOR MET COAL INC): With 1,799,831 total shares valued at $114,541,245.
- AMR (ALPHA METALLURGICAL RESOUR I): This holding contributes 25.91% of the portfolio with 532,000 total shares valued at $87,295,880.
- TRANSOCEAN LTD (H8817H100): The largest single holding in the portfolio, comprising 24,442,332 total shares valued at $76,260,076.
Notable Changes
Changes in stock values and shares highlight varying trends within the portfolio:
- HCC (WARRIOR MET COAL INC): A slight increase of 86 shares, with no percentage change.
- AMR (ALPHA METALLURGICAL RESOUR I): A significant rise of 71,673 shares, representing a 15.57% increase in value.
- VALARIS LTD (VAL): A notable decrease of 817,522 shares, resulting in a 43.4% reduction in value.
- NOBLE CORP PLC (NE): A massive drop of 1,489,744 shares, leading to an 86.17% decrease in value.
Investment Strategy
Mohnish Pabrai's investment strategy appears to be centered around diversification and growth potential within key sectors. The portfolio heavily weights the Basic Materials sector, reflecting a strategic focus on energy-related companies like TRANSOCEAN LTD (H8817H100), which has shown significant value appreciation.
Energy exposure is balanced with investments in Utilities/Energy, indicating a cautious approach to maintaining portfolio stability while pursuing growth opportunities. The allocation to Basic Materials underscores the investor's emphasis on sectors with strong growth potential and historical performance.
The portfolio's dynamic nature is evident from the mixed trends in holding changes—some companies have seen significant gains, while others have experienced substantial losses. This strategy suggests a focus on both upward and downward market movements to optimize returns.