Dalal Street

Q4 2017 13F · by Mohnish Pabrai, founder

As of: Dec 31, 2017
Filed: Feb 13, 2018
US stock: $386M · prev $413M
Positions: 5 · prev 5
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

0.0 pp in · −4.9 pp out

New 0 0.00 pp
Added 0 0.00 pp
Trimmed 2 −4.92 pp
Exited 0 0.00 pp

The book

Very concentrated · behaves like 2 equal-sized positions

Very concentrated
Concentrated
Focused
Diversified

Low turnover · 0.0% a year

Low
Moderate
High

Top 5 positions100% of US stock

unresolved Fiat Chrysler Automobiles NV s held held60.6%
GOOG Alphabet Inc. Class C trimmed−2.96 pp trimmed−2.9612.4%
AER Aercap Holdings N.V. trimmed−1.96 pp trimmed−1.9611.0%
RACE Ferrari N.V. held held10.8%
LUV Southwest Airlines Co. held held5.1%

Positions5 in this filing · 0 exited


unresolvedFiat Chrysler Automobiles NV s	60.62%	13,109,310	$234M	held	—	13 q
GOOGAlphabet Inc. Class C	12.43%	45,828	$48M	trimmed−31%	−2.96 pp	13 q
AERAercap Holdings N.V.	11.01%	807,721	$42M	trimmed−23%	−1.96 pp	7 q
RACEFerrari N.V.	10.84%	398,138	$42M	held	—	8 q
LUVSouthwest Airlines Co.	5.11%	300,975	$20M	held	—	6 q

Source

Form: 13F-HR
Reading: 0 defects · 1 unresolved
Accession: 0001549575-18-000003
Options: none in this filing
Notes: none in this filing
SEC cross-check: SEC data set not published yet