# KAHN BROTHERS GROUP INC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1039565. Source: https://holderbook.com/funds/1039565-kahn-brothers-group-inc/

- Reported value: $1.2B
- Positions: 49
- Weight of the ten largest: 78.1%
- Filed: 2026-08-14

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| CITIGROUP INC | [C](https://holderbook.com/stocks/C/) | $212.4M | 1,677,234 | 17.7% | 18 |
| BAYER AG ADR | [BAYRY](https://holderbook.com/stocks/BAYRY/) | $164.1M | 13,032,496 | 13.7% | 11 |
| FLAGSTAR BANK NATIONAL ASSOC | [FLG](https://holderbook.com/stocks/FLG/) | $114.7M | 8,158,338 | 9.6% | 7 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $77.7M | 242,935 | 6.5% | 5 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $71.1M | 738,001 | 5.9% | 10 |
| ORGANON & CO | [OGN](https://holderbook.com/stocks/OGN/) | $69.3M | 8,207,516 | 5.8% | 21 |
| ZILLOW GROUP INC | [Z](https://holderbook.com/stocks/Z/) | $59.8M | 1,727,473 | 5.0% | 2 |
| SEABOARD CORP DEL | [SEB](https://holderbook.com/stocks/SEB/) | $57.3M | 11,260 | 4.8% | 31 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $55.4M | 445,470 | 4.6% | 18 |
| BP PLC | [BP](https://holderbook.com/stocks/BP/) | $52.3M | 1,247,255 | 4.4% | 31 |
| SEAPORT ENTMT GROUP INC | [SEG](https://holderbook.com/stocks/SEG/) | $43.6M | 1,810,232 | 3.6% | 4 |
| MBIA INC | [MBI](https://holderbook.com/stocks/MBI/) | $39.6M | 6,270,354 | 3.3% | 4 |
| IDT CORP | [IDT](https://holderbook.com/stocks/IDT/) | $38.7M | 724,226 | 3.2% | 18 |
| PATTERSON-UTI ENERGY INC | [PTEN](https://holderbook.com/stocks/PTEN/) | $33.6M | 3,353,914 | 2.8% | 31 |
| PFIZER INC | [PFE](https://holderbook.com/stocks/PFE/) | $24.8M | 948,734 | 2.1% | 31 |
| BRISTOL-MYERS SQUIBB CO | [BMY](https://holderbook.com/stocks/BMY/) | $20.4M | 344,533 | 1.7% | 31 |
| GSK PLC | [GSK](https://holderbook.com/stocks/GSK/) | $17.2M | 319,420 | 1.4% | 5 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $5.5M | 35,910 | 0.5% | 31 |
| GENIE ENERGY LTD | [GNE](https://holderbook.com/stocks/GNE/) | $4.7M | 326,952 | 0.4% | 18 |
| NOVARTIS AG | [NVS](https://holderbook.com/stocks/NVS/) | $4.1M | 26,572 | 0.3% | 31 |
| FAIRFAX FINL HLDGS LTD SUB VTG | [FRFHF](https://holderbook.com/stocks/FRFHF/) | $3.4M | 2,036 | 0.3% | 10 |
| CSX CORP | [CSX](https://holderbook.com/stocks/CSX/) | $3.2M | 71,262 | 0.3% | 12 |
| FIRST NATL BK OF ALASKA | [FBAK](https://holderbook.com/stocks/FBAK/) | $3.0M | 9,840 | 0.3% | 29 |
| TOURMALINE OIL CORP COM | [TRMLF](https://holderbook.com/stocks/TRMLF/) | $2.4M | 53,918 | 0.2% | 7 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $1.8M | 5,696 | 0.1% | 5 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $1.7M | 6,184 | 0.1% | 10 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $1.6M | 4,260 | 0.1% | 10 |
| PEYTO EXPLORATION CORP | [PEYUF](https://holderbook.com/stocks/PEYUF/) | $1.1M | 62,614 | 0.1% | 28 |
| HALEON PLC | [HLN](https://holderbook.com/stocks/HLN/) | $1.1M | 114,772 | 0.1% | 16 |
| SEI INVTS CO | [SEIC](https://holderbook.com/stocks/SEIC/) | $1.1M | 13,192 | 0.1% | 8 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $1.0M | 18,918 | 0.1% | 31 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $727.8K | 3,906 | 0.1% | 6 |
| WINDROCK LD CO COM ST | [WRLC](https://holderbook.com/stocks/WRLC/) | $695.7K | 1,344 | 0.1% | 6 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $643.0K | 2,456 | 0.1% | 8 |
| DEUTSCHE BK AG | [DB](https://holderbook.com/stocks/DB/) | $635.4K | 20,000 | 0.1% | 8 |
| PNC FINL SVCS GROUP INC | [PNC](https://holderbook.com/stocks/PNC/) | $609.7K | 2,684 | 0.1% | 10 |
| PUBLIC SVC ENTERPRISE GROUP | [PEG](https://holderbook.com/stocks/PEG/) | $571.3K | 7,048 | 0.0% | 10 |
| RAFAEL HLDGS INC | [RFL](https://holderbook.com/stocks/RFL/) | $566.8K | 209,050 | 0.0% | 31 |
| ORANGE CNTY BANCORP INC | [OBT](https://holderbook.com/stocks/OBT/) | $550.1K | 16,000 | 0.0% | 5 |
| ANTERO MIDSTREAM CORP | [AM](https://holderbook.com/stocks/AM/) | $537.8K | 23,612 | 0.0% | 10 |
| BLACKSTONE INC | [BX](https://holderbook.com/stocks/BX/) | $535.1K | 4,600 | 0.0% | 6 |
| VERIZON COMMUNICATIONS INC | [VZ](https://holderbook.com/stocks/VZ/) | $525.8K | 11,364 | 0.0% | 29 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $524.4K | 3,604 | 0.0% | 18 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $523.2K | 3,600 | 0.0% | 28 |
| ZEDGE INC | [ZDGE](https://holderbook.com/stocks/ZDGE/) | $470.5K | 156,054 | 0.0% | 31 |
| Pine Cliff Energy      F | [PIFYF](https://holderbook.com/stocks/PIFYF/) | $462.3K | 1,040,000 | 0.0% | 5 |
| WEBSTER FINL CORP | [WBS](https://holderbook.com/stocks/WBS/) | $332.4K | 4,349 | 0.0% | 1 |
| COMCAST CORP NEW | [CMCSA](https://holderbook.com/stocks/CMCSA/) | $205.8K | 7,169 | 0.0% | 5 |
|  | - | $0 | 333,998 | 0.0% | 1 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +14.4% | +14.8% | -0.4% | 99% |
| Q1 2026 | +5.2% | -4.6% | +9.9% | 99% |
| Q4 2025 | +9.5% | +2.4% | +7.2% | 99% |
| Q3 2025 | +7.2% | +7.8% | -0.7% | 100% |
| Q2 2025 | +0.3% | +10.5% | -10.2% | 99% |
| Q1 2025 | +4.1% | -4.6% | +8.6% | 99% |
| Q4 2024 | -5.2% | +2.1% | -7.3% | 91% |
| Q3 2024 | +15.2% | +5.4% | +9.8% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $1.2B | 49 |
| Q1 2026 | $564.1M | 47 |
| Q4 2025 | $564.7M | 53 |
| Q3 2025 | $531.8M | 53 |
| Q2 2025 | $497.9M | 50 |
| Q1 2025 | $494.5M | 54 |
| Q4 2024 | $460.4M | 51 |
| Q3 2024 | $580.6M | 52 |
| Q2 2024 | $595.0M | 51 |
| Q1 2024 | $674.4M | 52 |
| Q4 2023 | $634.8M | 42 |
| Q3 2023 | $640.9M | 43 |