Kahn Brothers Buys Patterson-UTI Energy Inc, Sells Hologic Inc, Alcon Inc, Coal Creek Co

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Aug 03, 2020
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Investment company Kahn Brothers (Current Portfolio) buys Patterson-UTI Energy Inc, sells Hologic Inc, Alcon Inc, Coal Creek Co during the 3-months ended 2020Q2, according to the most recent filings of the investment company, Kahn Brothers. As of 2020Q2, Kahn Brothers owns 47 stocks with a total value of $592 million. These are the details of the buys and sells.

For the details of Kahn Brothers's stock buys and sells, go to https://www.gurufocus.com/guru/kahn+brothers/current-portfolio/portfolio

These are the top 5 holdings of Kahn Brothers
  1. Merck & Co Inc (MRK) - 924,984 shares, 12.09% of the total portfolio. Shares reduced by 10.15%
  2. GlaxoSmithKline PLC (GSK) - 1,517,918 shares, 10.51% of the total portfolio. Shares reduced by 1.66%
  3. Bristol-Myers Squibb Company (BMY) - 1,015,804 shares, 10.09% of the total portfolio. Shares reduced by 1.01%
  4. New York Community Bancorp Inc (NYCB) - 5,146,060 shares, 8.87% of the total portfolio. Shares reduced by 1.37%
  5. Citigroup Inc (C) - 933,715 shares, 8.06% of the total portfolio. Shares reduced by 0.86%
Added: Patterson-UTI Energy Inc (PTEN)

Kahn Brothers added to a holding in Patterson-UTI Energy Inc by 93.39%. The purchase prices were between $1.7 and $6.16, with an estimated average price of $3.42. The stock is now traded at around $3.95. The impact to a portfolio due to this purchase was 1.65%. The holding were 5,831,035 shares as of .

Sold Out: Alcon Inc (ALC)

Kahn Brothers sold out a holding in Alcon Inc. The sale prices were between $49.45 and $64.16, with an estimated average price of $56.55.

Reduced: Hologic Inc (HOLX)

Kahn Brothers reduced to a holding in Hologic Inc by 69.04%. The sale prices were between $32.7 and $57, with an estimated average price of $48.78. The stock is now traded at around $71.32. The impact to a portfolio due to this sale was -1.18%. Kahn Brothers still held 82,519 shares as of .

Reduced: Coal Creek Co (CCRK)

Kahn Brothers reduced to a holding in Coal Creek Co by 25%. The sale prices were between $299 and $334, with an estimated average price of $321.96. The stock is now traded at around $331.00. The impact to a portfolio due to this sale was -0.01%. Kahn Brothers still held 813 shares as of .



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