• Thomas Graham, Alan, Irving Kahns maintains a diversified portfolio across 11 sectors
• Top 5 holdings represent 47.3% of the portfolio
• Largest position: CITIGROUP (C) at 12.6%

Trends by sector

Investment Adjustments from Previous Filing

Kahn Brothers Group Holdings

Symbol	Company	Portfolio %	Price	Quantity	Change Qty	Change Value	% Change	Total Value
C CITIGROUP	CITIGROUP	12.59%	$70.99	876,803	-29,976	-$2,127,983	-3.31%	$62,243,859
NYCB FLAGSTAR FINL INC	FLAGSTAR FINL INC	9.91%	$11.62	4,216,986	657,285	$7,637,645	18.46%	$49,001,332
MRK MERCK	MERCK	8.94%	$89.76	492,275	-16,633	-$1,492,994	-3.27%	$44,187,086
BAYRY BAYER AG SPONS ADR	BAYER AG SPONS ADR	8.00%	$6.02	6,573,693	2,067,470	$12,446,171	45.88%	$39,573,638
BP BP PLC	BP PLC	7.86%	$33.79	1,149,967	-42,063	-$1,421,321	-3.53%	$38,857,723
OGN ORGANON	ORGANON	7.51%	$14.89	2,493,384	926,111	$13,789,769	59.09%	$37,126,423
BMY BRISTOL MYERS SQUIBB	BRISTOL MYERS SQUIBB	7.37%	$60.99	597,428	-92,824	-$5,661,331	-13.45%	$36,437,105
DIS DISNEY	DISNEY	6.95%	$98.70	348,175	-4,851	-$478,793	-1.37%	$34,364,847
SEB SEABOARD CORP	SEABOARD CORP	4.81%	$2697.08	8,825	-193	-$520,536	-2.14%	$23,801,704
IDT IDT CORP CL B	IDT CORP CL B	3.79%	$51.31	365,536	126,655	$6,498,809	53.02%	$18,756,060
PFE PFIZER	PFIZER	3.77%	$25.34	735,189	-25,901	-$656,343	-3.40%	$18,630,009
PTEN PATTERSON ENERGY	PATTERSON ENERGY	3.22%	$8.22	1,937,260	-59,111	-$485,901	-2.96%	$15,924,569
GNE GENIE ENERGY	GENIE ENERGY	0.62%	$15.05	202,608	-14,336	-$215,730	-6.61%	$3,048,868
NVS NOVARTIS ADR	NOVARTIS ADR	0.49%	$111.50	21,909	728	$81,169	3.44%	$2,442,776
HLN HALEON	HALEON	0.38%	$10.29	184,309	-18,724	-$192,665	-9.22%	$1,896,489
WBS WEBSTER FINL	WEBSTER FINL	0.34%	$51.56	32,254	-242	-$12,477	-0.74%	$1,663,000
XOM EXXON MOBIL	EXXON MOBIL	0.33%	$118.90	13,818	-156	-$18,549	-1.12%	$1,643,000
FRFHF FAIRFAX FINANCIAL	FAIRFAX FINANCIAL	0.30%	$1444.99	1,018	-	-	-	$1,471,000
CSX CSX	CSX	0.29%	$29.43	48,731	-1,089	-$32,046	-2.19%	$1,434,000
HOLX HOLOGIC	HOLOGIC	0.25%	$61.78	19,757	-9,834	-$607,573	-33.23%	$1,220,644
AR ANTERO RESOURCES	ANTERO RESOURCES	0.20%	$40.43	24,906	-5,250	-$212,268	-17.41%	$1,007,000
BAC BANK OF AMERICA	BANK OF AMERICA	0.15%	$41.76	17,275	-2,155	-$89,985	-11.09%	$721,344
MSFT MICROSOFT	MICROSOFT	0.14%	$375.54	1,839	-	-	-	$690,620
AAPL APPLE INC	APPLE INC	0.13%	$222.06	2,792	-	-	-	$620,000
SEIC SEI INVESTMENTS	SEI INVESTMENTS	0.10%	$77.62	6,596	1,449	$112,475	28.15%	$512,000
IBM IBM	IBM	0.08%	$248.55	1,508	-	-	-	$374,816
PEG PUBLIC SERVICE ENTERPRISE	PUBLIC SERVICE ENTERPRISE	0.07%	$82.30	4,374	-150	-$12,346	-3.32%	$360,000
VZ VERIZON	VERIZON	0.07%	$45.40	7,863	-3,613	-$164,039	-31.48%	$357,000
COF CAPITAL ONE FINL	CAPITAL ONE FINL	0.07%	$179.10	1,971	1,971	$353,000	100.00%	$353,000
CVX CHEVRON CORP	CHEVRON CORP	0.07%	$167.07	2,053	253	$42,269	14.06%	$343,000
AM ANTERO MIDSTREAM	ANTERO MIDSTREAM	0.07%	$17.98	18,856	-	-	-	$339,000
RFL RAFAEL HOLDING	RAFAEL HOLDING	0.06%	$1.87	162,292	-5,169	-$9,658	-3.09%	$303,234
PG PROCTOR & GAMBLE	PROCTOR & GAMBLE	0.06%	$170.59	1,700	-	-	-	$290,000
CI CIGNA GROUP	CIGNA GROUP	0.06%	$329.00	841	-43	-$14,147	-4.86%	$276,689
PEP PEPSICO	PEPSICO	0.05%	$150.00	1,800	-	-	-	$270,000
PNC PNC BANK	PNC BANK	0.05%	$175.68	1,497	-176	-$30,921	-10.52%	$263,000
NAVI NAVIENT	NAVIENT	0.05%	$12.63	20,600	-1,400	-$17,682	-6.36%	$260,178
LWAY LIFEWAY FOODS	LIFEWAY FOODS	0.05%	$24.40	10,000	-	-	-	$244,000
WEYS WEYCO GROUP INC	WEYCO GROUP INC	0.04%	$30.43	7,197	7,197	$219,000	100.00%	$219,000
BX BLACKSTONE INC	BLACKSTONE INC	0.04%	$140.00	1,500	1,500	$210,000	100.00%	$210,000
AIG AMERICAN INTL GROUP	AMERICAN INTL GROUP	0.04%	$86.85	2,349	2,349	$204,000	100.00%	$204,000
ZDGE ZEDGE INC.	ZEDGE INC.	0.04%	$2.34	85,621	-3,444	-$8,042	-3.87%	$199,941
GTX GARRETT MOTION	GARRETT MOTION	0.02%	$8.36	12,318	-900	-$7,526	-6.81%	$103,000
TPHS TRINITY PLACE HOLDINGS	TRINITY PLACE HOLDINGS	0.01%	$0.05	591,466	-12,952	-$634	-2.14%	$28,967