Thomas Graham Portfolio Analysis: Concentration Risks at Kahn Brothers Group (June 2026)
A detailed look at the stock holdings and sector allocation of Thomas Graham's portfolio managed by Kahn Brothers Group as of June 30, 2026.
Investor Profile: Thomas Graham & Kahn Brothers Group
This analysis focuses on the investment strategy employed by Thomas Graham, whose portfolio is managed under the institution Kahn Brothers Group. The data provided reflects holdings as of June 30, 2026.
Portfolio Overview: High Total Value
The portfolio overseen by Graham boasts a substantial total value of $564.1 million (rounded from the input). This significant amount underscores the importance of understanding its composition and potential risks associated with concentration levels.
Top Holdings Analysis: Major Position Concentration
Graham's portfolio exhibits notable concentration in specific large-cap stocks as of June 30, 2026. The following table highlights the top holdings by weight:
- Citigroup Inc (C): Represents approximately $95 million or 16.9% allocation.
- Bayer AG Spons ADR (BAYRY): Holds about $74.8 million, constituting roughly 13.3% of the portfolio.
- Flagstar Financial Inc. (NYCB): Accounts for approximately $53.8 million or 9.5% allocation.
- Walt Disney (DIS): Makes up about $36.5 million, representing a portfolio share of 6.5%.
- Alphabet Inc Class C (GOOG): Holds around $35.0 million or 6.2% allocation.
- Seaboard Corp (SEB): Represents about $33.2 million, making up roughly 5.9% of the portfolio.
The data shows that Graham's largest positions are held in Citigroup Inc and Bayer AG Spons ADR, both contributing significantly to the overall value and concentration within their respective sectors.
Sector Allocation: Dominance in Healthcare & Communication Services
Examining the sector allocation provides further insight into portfolio concentration. As of June 30, 2026:
- Healthcare: Leads with a total value exposure of $170.7 million and accounts for approximately 30.3% of the portfolio.
- Communication Services: Includes holdings like Walt Disney, Alphabet Inc Class C, and Zillow Group totaling $113.1 million or about 20.0% allocation.
- Financial Services: Citigroup Inc alone contributes $95.4 million to this sector, representing roughly 19.8% of the portfolio value here.
- Energy: BP PLC holds a significant portion with $29.2 million exposure or about 5.2% allocation.
The concentration in Healthcare and Communication Services indicates that Graham's investment strategy heavily favors these sectors as of the June 30, 2026 date point.