Mohnish Pabrai’s Top Stock Picks

In its latest 13F, Dalal Street, managed by Mohnish Pabrai, disclosed its holdings for the fourth quarter of 2013. The value of the fund’s equity portfolio amounted to $543.92 million, down from $459.68 million in the third quarter.

MOHNISH PABRAI

Pabrai is an entrepreneur who later switched to money management, and his best investment ever was the $650,100 he paid for lunch with Warren Buffett. He doesn’t hide the fact that he is trying to monkey Warren Buffett’s investment style. He even set up the fee structure of his hedge fund the same way Warren Buffett did more than 50 years ago. He doesn’t charge any management fees and takes 25% of returns that are greater than a 6% threshold.

In this article, we will talk about the top five holdings in terms of value that Dalal Street has held at the end of the year.

The first position is represented by General Motors Company (NYSE:GM). The fund disclosed a $137.09 million stake held in the form of 5.93 million warrants that expire in 2019.

Bank of America Corp (NYSE:BAC) is the second largest holding, in which the fund owns 7.40 million shares, worth $115.23 million. The stake represents a slight decrease from 7.50 million shares disclosed at the end of the third quarter.

The third on the list is HORSEHEAD HOLDING CORP. (NASDAQ:ZINC). In the company, Dalal Street revealed holding 6.33 million shares, with a reported value of $102.66 million. The fund increased its stake Horsehead from 5.07 million shares held at the end of the third quarter.

In Chesapeake Energy Corporation (NYSE:CHK) the fund disclosed ownership of 3.27 million shares, worth around $88.70 million. The stake remained unchanged over the quarter.

The fifth-largest holding is represented by Citigroup Inc (NYSE:C), in which the fund holds 1.56 million shares. The number of shares remained unchanged over the quarter. However, the value of holding increased to $81.29 million in the fourth quarter from $75.68 million reported in the third quarter.

Disclosure: none

Recommended reading:

Billionaire Steve Cohen’s Top Stock Picks

Billionaire Larry Robbins’ Top Stock Picks

See Where Billionaire Michael Dell Invests His Money

blog comments powered by Disqus
Insider Monkey Headlines
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months Click to see monthly returns in table format!

Lists

Top 20 Female Billionaires in 2014

6 Movies That You Should Watch to Better Understand The Cold War

Top 15 Best Paying Jobs for Women in 2014

Top 6 Things Rich People Do Differently Every Day

5 Retirement Mistakes To Avoid (and Einstein’s Famous Quote)

11 Smartest People in the World

6 Films About the Financial World You Need To Watch (While “The Wolf” is Not Around)

Warren Buffett and Billionaires Are Crazy About These 7 Stocks

The Top 10 States With Fastest Internet Speeds

10 Best Places to Visit in USA in August

Top 10 Cities to Visit Before You Die

Top 10 Genetically Modified Food In the US

15 Highest Grossing Movies Opening Weekend

5 Best Poker Books For Beginners

10 Strategies Hedge Funds Use to Make Huge Returns

Top 10 Fast Food Franchises to Buy

10 Best Places to Visit in Canada

Best Summer Jobs for Teachers

10 Youngest Hedge Fund Billionaires

Top 10 One Hit Wonders of the 90s

Fastest Growing Cities In America

Top 10 U.S. Cities for Freelancers

Top 9 Most Popular Free iPhone Apps

Top 10 Least Expensive Private Business Schools in the US

Top 15 Most Expensive Countries in the World – 2014

Top 6 Tax Scams and How to Protect Yourself

Top Businesses to Invest In

Top 5 Things You Might Be Doing Wrong With Your Business

Top 5 Strategic Technology Trends in 2014

Top Rags to Riches Stories

Parenting Behavior That Promotes Future Leaders

Top 5 Mistakes Made by Small Businesses

Top 5 Most Common and Potentially Devastating Financial Blunders

Top 5 Highest Paying Jobs for Web Designers

Top 6 Most Respected Professions that Also Pay Well

Top 5 Pitfalls Investors Should Avoid

Top 6 Lawyers and Policy Makers Under 30

Top 6 New Year’s Resolutions for Entrepreneurs

Top 7 Locations to Check in on Facebook

Top 5 Mistakes made by Rookie eBay Sellers

Top 7 eBook Publishers in 2013

Top 6 Health Industry Trends in 2014

5 Lessons for Entrepreneurs from Seth Godin

Top 5 Success Tips from Jordan Belfort – the Wolf of Wall Street

Best Master’s in Finance Degree Programs

Top 6 Earning Celebrities Over 50

The most expensive sports to play

Top 7 Earning Celebrities Under 25

Best 7 Online Courses to Take: Free Finance MOOCs

Top 6 Bad Habits that Promote Failure

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!