An avid Warren Buffett disciple and author, investor Mohnish Pabrai emulates Buffett’s investment style in running his own hedge fund, Pabrai Investment Funds, a group of focused value funds founded in 1999. As of June 28, 2013, Mohnish Pabrai’s portfolio lists six stocks, one of them new, and a total value of $340 million with a quarter-over-quarter turnover of 21%.
Here are Pabrai’s top five holdings:
No. 1: Bank of America Corporation (BAC, Financial) - Banks – Regional – US
Weighting: 26.9%
Shares Owned: 7,502,000
Current Share Price: $13.93
As the bank’s twelfth largest Guru stakeholder, Mohnish Pabrai owns 0.07% of shares outstanding in Bank of America Corporation (BAC). Pabrai’s highest earning quarter for BAC was in the fourth quarter of 2011 for a gain of 135.3%.
Up 76% over 12 months, Bank of America Corporation has a market cap of $147.23 billion; its shares trade at around $13.93 with a P/E ratio of 43.10 and P/B ratio of 0.70. The dividend yield of Bank of America Corporation (BAC) stocks is 0.30%.
Historical share pricing:
No. 2: Citigroup Inc. (C, Financial) – Banks - Global
Weighting: 20.3%
Shares Owned: 1,560,000
Current Share Price: $51.83
In the bank’s top forty Guru stakeholders, Mohnish Pabrai owns 0.05% of shares outstanding. Pabrai’s highest earning quarter for Citigroup Inc. (C) was in the fourth quarter of 2011 for a gain of 86.2%.
Up 89% over 12 month, Citigroup Inc. (C) has a market cap of $155.32 billion; its shares trade at around $51.83 with a P/E ratio of 18.90 and a P/B ratio of 0.80. The dividend yield of Citigroup Inc. (C) stocks is 0.10%.
Historical share pricing:
No. 3: Chesapeake Energy Corp. (CHK, Financial) – Oil & Gas E&P
Weighting: 19.3%
Shares Owned: 3,214,250
Current Share Price: $21.75
As the company’s sixth largest Guru stakeholder, Mohnish Pabrai owns 0.48% of shares outstanding of Chesapeake Energy Corp. (CHK). Pabrai’s highest earning quarter for CHK was in the second quarter of 2012 for a gain of 22.3%.
Up 13% over 12 months, Chesapeake Energy Corp. (CHK) is a natural gas and oil exploration and production company. It also provides marketing and midstream services. Chesapeake Energy Corp has a market cap of $14.53 billion; its shares trade at around $21.75 with a P/B ratio of 1.10. The dividend yield of Chesapeake Energy Corp stocks is 1.60%.
Historical share pricing:
No. 4: Horsehead Holding Corporation (ZINC, Financial) – Industrial Metals & Minerals
Weighting: 6.7%
Shares Owned: 2,095,281
Current Share Price: $12.25
As the company’s second largest Guru stakeholder, second only to Chuck Royce, Mohnish Pabrai owns 10.39% of shares outstanding of Horsehead Holding Corp. (ZINC). Pabrai’s highest earning quarter for ZINC was in the fourth quarter of 2008 for a gain of 245.8%, followed by a gain of 177.3% in the following quarter.
Up 28% over 12 months, Horsehead Holding Corp. (ZINC) is a U.S. producer of zinc and zinc-based products. The company has production or recycling operations located at six facilities in five states. Horsehead Holding Corporation (ZINC) has a market cap of $552.5 million; its shares trade at around $12.25 with a P/B ratio of 1.40.
Historical share pricing:
No. 5: Goldman Sachs Group Inc. (GS, Financial) – Capital Markets
Weighting: 6.1%
Shares Owned: 141,863
Current Share Price: $160.24
In the top twenty of the company’s largest Guru stakeholders, Mohnish Pabrai owns 0.03% of shares outstanding of Goldman Sachs Group Inc. (GS). Pabrai’s highest earning quarter for GS was in the fourth quarter of 2008 for a gain of 88.6%.
Up 64% over 12 months, Goldman Sachs Group Inc. (GS) has a market cap of $72.36 billion; its shares trade at around $160.24 with a P/E ratio of 10.60 and a P/B ratio of 1.00. The dividend yield of Goldman Sachs Group Inc. (GS) stocks is 1.20%. Goldman Sachs Group Inc. has had an annual average earnings growth of 5.4% over the past 10 years.
Historical share pricing:
Pabrai also follows in the philanthropic footsteps of Warren Buffett. He donates about $1 million per year to education.
Top Buys, Top Sales, Top Holdings of Mohnish Pabrai
Here is the complete portfolio of Mohnish Pabrai.
Also check out:
1. Mohnish Pabrai's Undervalued Stocks
2. Mohnish Pabrai's Top Growth Companies
3. Mohnish Pabrai's High Yield stocks
4. Stocks that Mohnish Pabrai keeps buying
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Here are Pabrai’s top five holdings:
No. 1: Bank of America Corporation (BAC, Financial) - Banks – Regional – US
Weighting: 26.9%
Shares Owned: 7,502,000
Current Share Price: $13.93
As the bank’s twelfth largest Guru stakeholder, Mohnish Pabrai owns 0.07% of shares outstanding in Bank of America Corporation (BAC). Pabrai’s highest earning quarter for BAC was in the fourth quarter of 2011 for a gain of 135.3%.
Up 76% over 12 months, Bank of America Corporation has a market cap of $147.23 billion; its shares trade at around $13.93 with a P/E ratio of 43.10 and P/B ratio of 0.70. The dividend yield of Bank of America Corporation (BAC) stocks is 0.30%.
Historical share pricing:
No. 2: Citigroup Inc. (C, Financial) – Banks - Global
Weighting: 20.3%
Shares Owned: 1,560,000
Current Share Price: $51.83
In the bank’s top forty Guru stakeholders, Mohnish Pabrai owns 0.05% of shares outstanding. Pabrai’s highest earning quarter for Citigroup Inc. (C) was in the fourth quarter of 2011 for a gain of 86.2%.
Up 89% over 12 month, Citigroup Inc. (C) has a market cap of $155.32 billion; its shares trade at around $51.83 with a P/E ratio of 18.90 and a P/B ratio of 0.80. The dividend yield of Citigroup Inc. (C) stocks is 0.10%.
Historical share pricing:
No. 3: Chesapeake Energy Corp. (CHK, Financial) – Oil & Gas E&P
Weighting: 19.3%
Shares Owned: 3,214,250
Current Share Price: $21.75
As the company’s sixth largest Guru stakeholder, Mohnish Pabrai owns 0.48% of shares outstanding of Chesapeake Energy Corp. (CHK). Pabrai’s highest earning quarter for CHK was in the second quarter of 2012 for a gain of 22.3%.
Up 13% over 12 months, Chesapeake Energy Corp. (CHK) is a natural gas and oil exploration and production company. It also provides marketing and midstream services. Chesapeake Energy Corp has a market cap of $14.53 billion; its shares trade at around $21.75 with a P/B ratio of 1.10. The dividend yield of Chesapeake Energy Corp stocks is 1.60%.
Historical share pricing:
No. 4: Horsehead Holding Corporation (ZINC, Financial) – Industrial Metals & Minerals
Weighting: 6.7%
Shares Owned: 2,095,281
Current Share Price: $12.25
As the company’s second largest Guru stakeholder, second only to Chuck Royce, Mohnish Pabrai owns 10.39% of shares outstanding of Horsehead Holding Corp. (ZINC). Pabrai’s highest earning quarter for ZINC was in the fourth quarter of 2008 for a gain of 245.8%, followed by a gain of 177.3% in the following quarter.
Up 28% over 12 months, Horsehead Holding Corp. (ZINC) is a U.S. producer of zinc and zinc-based products. The company has production or recycling operations located at six facilities in five states. Horsehead Holding Corporation (ZINC) has a market cap of $552.5 million; its shares trade at around $12.25 with a P/B ratio of 1.40.
Historical share pricing:
No. 5: Goldman Sachs Group Inc. (GS, Financial) – Capital Markets
Weighting: 6.1%
Shares Owned: 141,863
Current Share Price: $160.24
In the top twenty of the company’s largest Guru stakeholders, Mohnish Pabrai owns 0.03% of shares outstanding of Goldman Sachs Group Inc. (GS). Pabrai’s highest earning quarter for GS was in the fourth quarter of 2008 for a gain of 88.6%.
Up 64% over 12 months, Goldman Sachs Group Inc. (GS) has a market cap of $72.36 billion; its shares trade at around $160.24 with a P/E ratio of 10.60 and a P/B ratio of 1.00. The dividend yield of Goldman Sachs Group Inc. (GS) stocks is 1.20%. Goldman Sachs Group Inc. has had an annual average earnings growth of 5.4% over the past 10 years.
Historical share pricing:
Pabrai also follows in the philanthropic footsteps of Warren Buffett. He donates about $1 million per year to education.
Top Buys, Top Sales, Top Holdings of Mohnish Pabrai
Here is the complete portfolio of Mohnish Pabrai.
Also check out:
1. Mohnish Pabrai's Undervalued Stocks
2. Mohnish Pabrai's Top Growth Companies
3. Mohnish Pabrai's High Yield stocks
4. Stocks that Mohnish Pabrai keeps buying
If you are not yet a Premium Member, we invite you for a 7-day Free Trial.
Use the GuruFocus Value Screen to find 52-Week Lows and discover potentially deep value stocks held by billionaire Guru investors.
GuruFocus "Real Time Picks" reports the stock purchases and sales that Gurus have made within the prior 2 weeks. The report time lag can be as short as 2 days after the date of the transaction. This feature is for Premium Members only.
GuruFocus’ Score Board of Gurus shows which investors produced the largest average returns in the past 6 and 12 months, as well as on a historical basis.Also check out:
