Institutional Manager · CIK 0001039565

KAHN BROTHERS GROUP INC

NEW YORK, NY · File #028-04201

Latest AUM

$564.7M

Positions

Top-10 Concentration

84.2%

Filings

Portfolio Value Over Time

2024-03

2024-06

2024-09

2024-12

2025-03

2025-06

2025-09

2025-12

Biggest QoQ Changes

Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.

Action	Issuer	Ticker / CUSIP	Δ Shares	Flow ($)	Price Effect
REDUCE	GSK PLC ADR	GLAXF	-82,141	-$4.0M	+$1.5M
REDUCE	Pfizer	PFE	-153,194	-$3.8M	-$410,143
REDUCE	Bristol-Myers Squibb	CELG-RI	-70,138	-$3.8M	+$2.4M
REDUCE	Seaboard Corp	SE	-439	-$2.0M	+$6.2M
REDUCE	BP PLC	BPPFF	-47,205	-$1.6M	+$293,114
REDUCE	Flagstar Financial, Inc.	FLG-PU	-119,540	-$1.5M	+$4.5M
REDUCE	Patterson Uti Energy	PTEN	-143,447	-$876,461	+$1.8M
REDUCE	Antero Res Corp Com	AR	-11,600	-$399,735	+$16,057
REDUCE	Merck & Co. Inc.	MRK	-3,647	-$383,883	+$9.3M
REDUCE	Bayer AG Spons ADR	072730302	-32,962	-$356,654	+$17.2M

Sector Allocation

Healthcare

15.1%$85.1M

Consumer Discretionary

7.8%$44.0M

Communication Services

3.7%$20.7M

2.5%$13.9M

1.5%$8.6M

0.5%$2.6M

0.4%$2.3M

0.2%$1.4M

0.0%$258,336

0.0%$69,910

Filing History

Feb 12, 202613F HOLDINGS REPORTQ/E Dec 202554 pos · $564.7M
Nov 12, 202513F HOLDINGS REPORTQ/E Sep 202553 pos · $531.8M
Aug 14, 202513F HOLDINGS REPORTQ/E Jun 202551 pos · $497.9M
May 15, 202513F HOLDINGS REPORTQ/E Mar 202555 pos · $494.5M
Feb 14, 202513F HOLDINGS REPORTQ/E Dec 202453 pos · $19.6M
Nov 13, 202413F HOLDINGS REPORTQ/E Sep 202453 pos · $580.6M
Aug 14, 202413F HOLDINGS REPORTQ/E Jun 202452 pos · $595.0M
May 15, 202413F HOLDINGS REPORTQ/E Mar 202453 pos · $674.4M
Nov 13, 202313F HOLDINGS REPORTQ/E Dec 202343 pos · $640.9M

Top 20 Holdings — Dec 2025

#	Issuer	Ticker	Shares	Value	% of Portfolio
1	Citigroup Inc	C-PR	876,278	$102.3M	18.12%
2	Bayer AG Spons ADR	072730302	6,754,291	$73.1M	12.95%
3	Flagstar Financial, Inc.	FLG-PU	4,177,212	$52.6M	9.32%
4	Merck & Co. Inc.	MRK	430,103	$45.3M	8.02%
5	Walt Disney	254687106	394,369	$44.9M	7.95%
6	Alphabet Inc Class C	GOOG	135,416	$42.5M	7.53%
7	BP PLC	BPPFF	1,038,402	$36.1M	6.39%
8	Seaboard Corp	SE	7,285	$32.4M	5.74%
9	Organon & Co	OGN	3,629,451	$26.0M	4.61%
10	Idt Corp Class B	IDT	392,011	$20.1M	3.56%
11	Pfizer	PFE	553,950	$13.8M	2.44%
12	Seaport Entmt Group Inc Com	SE	586,170	$11.6M	2.05%
13	Bristol-Myers Squibb	CELG-RI	202,196	$10.9M	1.93%
14	Patterson Uti Energy	PTEN	1,742,013	$10.6M	1.89%
15	GSK PLC ADR	GLAXF	178,696	$8.8M	1.55%
16	M B I A Inc	MBI	1,028,784	$7.4M	1.31%
17	Genie Energy LTD Class B	GNE	190,312	$2.6M	0.46%
18	ExxonMobil	XOM	20,217	$2.4M	0.43%
19	Fairfax Finl HLDGS LTD Sub VTG	FRFFF	1,018	$1.9M	0.34%
20	Novartis AG Sponsored ADR	NVSEF	13,678	$1.9M	0.33%