Thomas Graham, Alan, Irving Kahns - Kahn Brothers Group Portfolio
| Period Date | Mar 31, 2025 | |
| Filing Date | May 15, 2025 | |
| Total Stocks | 55 | |
| Portfolio Value | $494.45M |
Kahn Brothers Group Strategy Analysis
Investment Strategy Metrics
Key metrics revealing investment style, risk management, and performance characteristics
| Metric | Value | Category | Description |
|---|---|---|---|
| Holding Period | 8.8 years | Style | Average duration positions are maintained |
| Position Count | 37 | Style | Number of active positions in portfolio |
| Position Size | 3.7% | Risk | Typical allocation per position |
| Win Rate | 45.6% | Performance | Percentage of profitable positions |
| Average Return | 7.9% | Performance | Mean return across positions |
| Sharpe Ratio | 0.07 | Performance | Return per unit of risk taken |
Investment Case Study: CITIGROUP (C)
3/31/2022 - 8/6/2025
Performance Metrics
Total Return: 25.40%
Holding Period: 1224 days
Max Position Size: $75,852,750.00
Position Weight: 9.63%
Key Events
3/31/2022: ENTRY(972,147.00 shares) @ $53.40
6/30/2022: INCREASE(142,651.00 shares) @ $45.99
9/30/2022: INCREASE(47,993.00 shares) @ $41.67
12/31/2022: INCREASE(5,741.00 shares) @ $45.23
3/31/2023: INCREASE(49,021.00 shares) @ $46.89
6/30/2023: DECREASE(-10,747.00 shares) @ $46.04
9/30/2023: INCREASE(8,878.00 shares) @ $41.13
12/31/2023: DECREASE(-6,316.00 shares) @ $51.44
3/31/2024: DECREASE(-9,922.00 shares) @ $63.24
6/30/2024: DECREASE(-4,594.00 shares) @ $63.46
9/30/2024: DECREASE(-8,279.00 shares) @ $62.60
12/31/2024: DECREASE(-279,794.00 shares) @ $70.39
3/31/2025: DECREASE(-29,976.00 shares) @ $70.99
Investment Thesis
Entry Context: Initial position established based on fundamental analysis
Sector Conditions: Favorable market conditions in the sector
Risk Factors:
- Market volatility
- Sector-specific risks
Key Learnings
- Position sizing is critical for portfolio management
- Important to monitor sector exposure