Mohnish Pabrai – Dalal Street Portfolio Activity & Recent Trades (Jun 30, 2025)

As of Jun 30, 2025, the Dalal Street portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on Aug 13, 2025. The activity included new positions, additions to existing holdings, reductions, and complete exits, providing a clear view of how the portfolio evolved during the quarter.

During Q2 2025, the filing reported:

New Buys – AutoNation, Inc. (AN)

Increases – Valaris Ltd (VAL), Alpha Metallurgical Resources, (AMR), Warrior Met Coal, Inc. (HCC)

Reductions –

None reported

Complete Exits –

None reported

These updates highlight how the portfolio adjusted across different sectors and market conditions, offering insights into allocation shifts and investment trends.

Date	Symbol	Name	Type	Change Qty	% Change	Value	Remaining
Q2 2025	VAL Valaris Ltd	Valaris Ltd	Buy	+456,213	+32.0%	$79.33M	1,883,777
Q2 2025	AN AutoNation, Inc.	AutoNation, Inc.	Buy - Position Entry	+61,000	-	$12.12M	61,000
Q2 2025	AMR Alpha Metallurgical Resources,	Alpha Metallurgical Resources,	Buy	+45,711	+11.0%	$51.78M	460,327
Q2 2025	HCC Warrior Met Coal, Inc.	Warrior Met Coal, Inc.	Buy	+165	+0.0%	$82.48M	1,799,745
Q1 2025	NE Noble Corporation plc	Noble Corporation plc	Buy - Position Entry	+1,728,744	-	$40.97M	1,728,744
Q1 2025	VAL Valaris Ltd	Valaris Ltd	Buy - Position Entry	+1,427,564	-	$56.05M	1,427,564
Q1 2025	HCC Warrior Met Coal, Inc.	Warrior Met Coal, Inc.	Buy	+94,910	+5.6%	$85.88M	1,799,580
Q1 2025	AMR Alpha Metallurgical Resources,	Alpha Metallurgical Resources,	Sell	-72,635	-14.9%	$51.93M	414,616
Q1 2025	CEIX CONSOL Energy Inc.	CONSOL Energy Inc.	Sell - Position Exit	-594,950	-100.0%	$0.00	-