Thomas Kahn

Net selling

Kahn Brothers Group Inc — managed by Thomas Kahn; US equity positions disclosed quarterly via SEC 13F

Data as of 2026-03-31 (filed 2026-05-08) · Source: SEC EDGAR

Portfolio value$564.1M（−0%）

Holdings48（−6）

Latest period2026-03-31

Top holdingCitigroup Inc

Portfolio overview

Kahn Brothers Group Inc's most recent 13F filing, for the quarter ended 2026-03-31, reports 48 positions worth $564.1M. The top 5 holdings represent 52% of that value, a moderately concentrated portfolio.

The single largest position is Citigroup Inc at 16.9% of the portfolio, followed by Bayer Ag Spons Adr at 13.3% and Flagstar Financial, Inc at 9.5%.

Against the prior quarter, Thomas Kahn opened 1 new position, exited 7, added to 4, and trimmed 31. The largest new buy was Zillow Group. The most notable sale was the full exit from Webster Finl Co.

Across all 8 quarters on file, Citigroup Inc has appeared in every filing, as has Bayer Ag Spons Adr. Citigroup Inc currently ranks first by value.

A 13F is filed roughly 45 days after quarter-end and covers only long positions in US-listed equities, so it is a lagging and partial view of the portfolio. Source: SEC EDGAR.

High-conviction

Organon & CoOGNAdding · 5q

Added for 5 straight quarters.

Seaport Entmt GroupSEGAdding · 3q

Added for 3 straight quarters.

Zillow GroupZBig new buy

Big new buy last quarter — 4.0% of the book.

Holdings

Security	Value	Shares	Weight (prev→now)
Citigroup IncC	$95.4M	840,897	18.1% → 16.9% ▼
Bayer Ag Spons AdrBAYRY	$74.8M	6,513,893	12.9% → 13.3% ▼
Flagstar Financial, IncFLG	$53.8M	4,083,618	9.3% → 9.5% ▼
Walt DisneyDIS	$36.5M	378,909	7.9% → 6.5% ▼
Alphabet Inc Class CGOOG	$35.0M	122,029	7.5% → 6.2% ▼
Seaboard CorpSEB	$33.2M	5,871	5.7% → 5.9% ▼
Organon & CoOGN	$33.2M	5,536,993	4.6% → 5.9% ▲
Bp PlcBP	$29.2M	622,256	6.4% → 5.2% ▼
Merck & Co. IncMRK	$27.3M	227,288	8.0% → 4.8% ▼
Zillow GroupZ	$22.6M	545,212	New · 4.0%
Seaport Entmt GroupSEG	$19.2M	893,227	2.1% → 3.4% ▲
Patterson Uti EnergyPTEN	$18.3M	1,690,156	1.9% → 3.2% ▼
Idt CorpIDT	$18.3M	372,566	3.6% → 3.2% ▼
PfizerPFE	$13.6M	484,733	2.4% → 2.4% ▼
M B I A IncMBI	$12.2M	2,056,434	1.3% → 2.2% ▲
Bristol-Myers SquibbBMY	$10.3M	170,381	1.9% → 1.8% ▼
Gsk Plc AdrGSK	$8.9M	160,982	1.6% → 1.6% ▼
ExxonmobilXOM	$3.1M	18,255	0.4% → 0.5% ▼
Genie EnergyGNE	$2.5M	175,011	0.5% → 0.4% ▼
Novartis Ag Sponsored AdrNVS	$2.0M	13,386	0.3% → 0.4% ▼
Fairfax Finl Hldgs Ltd Sub VtgFRFHF	$1.7M	1,018	0.3% → 0.3%
Csx Corp ComCSX	$1.5M	36,481	0.2% → 0.3% ▼
First Natl Bk Alaska ComFBAK	$1.5M	4,920	0.3% → 0.3%
Tourmaline Oil CorpTRMLF	$1.3M	26,959	0.2% → 0.2%
Jpmorgan ChaseJPM	$828,942	2,818	0.2% → 0.1% ▼

Citigroup IncC
Value$95.4MWeight (prev→now)18.1% → 16.9% ▼
Bayer Ag Spons AdrBAYRY
Value$74.8MWeight (prev→now)12.9% → 13.3% ▼
Flagstar Financial, IncFLG
Value$53.8MWeight (prev→now)9.3% → 9.5% ▼
Walt DisneyDIS
Value$36.5MWeight (prev→now)7.9% → 6.5% ▼
Alphabet Inc Class CGOOG
Value$35.0MWeight (prev→now)7.5% → 6.2% ▼
Seaboard CorpSEB
Value$33.2MWeight (prev→now)5.7% → 5.9% ▼
Organon & CoOGN
Value$33.2MWeight (prev→now)4.6% → 5.9% ▲
Bp PlcBP
Value$29.2MWeight (prev→now)6.4% → 5.2% ▼
Merck & Co. IncMRK
Value$27.3MWeight (prev→now)8.0% → 4.8% ▼
Zillow GroupZ
Value$22.6MWeight (prev→now)New · 4.0%
Seaport Entmt GroupSEG
Value$19.2MWeight (prev→now)2.1% → 3.4% ▲
Patterson Uti EnergyPTEN
Value$18.3MWeight (prev→now)1.9% → 3.2% ▼
Idt CorpIDT
Value$18.3MWeight (prev→now)3.6% → 3.2% ▼
PfizerPFE
Value$13.6MWeight (prev→now)2.4% → 2.4% ▼
M B I A IncMBI
Value$12.2MWeight (prev→now)1.3% → 2.2% ▲
Bristol-Myers SquibbBMY
Value$10.3MWeight (prev→now)1.9% → 1.8% ▼
Gsk Plc AdrGSK
Value$8.9MWeight (prev→now)1.6% → 1.6% ▼
ExxonmobilXOM
Value$3.1MWeight (prev→now)0.4% → 0.5% ▼
Genie EnergyGNE
Value$2.5MWeight (prev→now)0.5% → 0.4% ▼
Novartis Ag Sponsored AdrNVS
Value$2.0MWeight (prev→now)0.3% → 0.4% ▼
Fairfax Finl Hldgs Ltd Sub VtgFRFHF
Value$1.7MWeight (prev→now)0.3% → 0.3%
Csx Corp ComCSX
Value$1.5MWeight (prev→now)0.2% → 0.3% ▼
First Natl Bk Alaska ComFBAK
Value$1.5MWeight (prev→now)0.3% → 0.3%
Tourmaline Oil CorpTRMLF
Value$1.3MWeight (prev→now)0.2% → 0.2%
Jpmorgan ChaseJPM
Value$828,942Weight (prev→now)0.2% → 0.1% ▼

Showing top 25 of 48 positions

Exited this quarter (7)Webster Finl Co、Nvidia Corp Com、Assured Guaranty Ltd F、Navient Corp、Brookfield Corp Vtg Shs Cl A、American Express Co Com、Antero Res Corp Com

Sources· SEC EDGAR 13F as of 2026-05-08

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