Dalal Street

Q3 2015 13F · by Mohnish Pabrai, founder

As of: Sep 30, 2015
Filed: Nov 12, 2015
US stock: $377M · prev $475M
Positions: 7 · prev 7
Options notional: $0
Documents: 1· no amendments

Picture100.0% US stock

Full picture · of what this 13F reports is US stock

US stock listed on a US exchange 100.0%
Foreign stock not listed in the US 0.0%
Notes debt, at principal 0.0%
Puts at notional value 0.0%
Calls at notional value 0.0%

Moves2 since the prior filing

+0.9 pp in · +6.1 pp out

New 0 0.00 pp
Added 1 +0.87 pp
Trimmed 1 +6.08 pp
Exited 0 0.00 pp

The book

Very concentrated · behaves like 3 equal-sized positions

Very concentrated
Concentrated
Focused
Diversified

Low turnover · 0.0% a year, more than 30 years per position

Low
Moderate
High

Top 5 positions95% of US stock

unresolved Fiat Chrysler Automobiles NV s trimmed+6.08 pp trimmed+6.0848.3%
unresolved General Mtrs Co added+0.87 pp added+0.8721.0%
GOOG Alphabet Inc. Class C held held11.2%
PKX POSCO Holdings Inc. held held9.1%
unresolved Horsehead Hldg Corp held held5.1%

Positions7 in this filing · 0 exited


unresolvedFiat Chrysler Automobiles NV s	48.33%	13,794,920	$182M	trimmed−0%	+6.08 pp	4 q
unresolvedGeneral Mtrs Co	21.00%	5,990,747	$79M	added0%	+0.87 pp	10 q
GOOGAlphabet Inc. Class C	11.16%	69,188	$42M	held	—	4 q
PKXPOSCO Holdings Inc.	9.12%	982,280	$34M	held	—	6 q
unresolvedHorsehead Hldg Corp	5.11%	6,333,296	$19M	held	—	10 q
unresolvedWl Ross Hldg Corp	4.42%	1,485,288	$17M	held	—	5 q
unresolvedWl Ross Hldg Corp	0.85%	310,386	$3M	held	—	5 q

Source

Form: 13F-HR
Reading: 0 defects · 5 unresolved
Accession: 0001549575-15-000010
Options: none in this filing
Notes: none in this filing
SEC cross-check: SEC data set not published yet