# Mohnish Pabrai — Pabrai Investments

Portfolio USD 326,749,000 · 4 positions · 2026 Q2 · history from 2008 Q4.
Source: quarterly 13F filings via dataroma.com. Page: https://gigainvestors.com/PI

## Positions (2026 Q2)

| Ticker | Company | % of portfolio | Value | This quarter | Holders |
|---|---|---:|---:|---|---:|
| HCC | Warrior Met Coal Inc. | 43% | USD 141,547,000 | -3.69% |  |
| RIG | Transocean Ltd. | 31% | USD 99,749,000 | +0.03% |  |
| AMR | Alpha Metallurgical Resources Inc. | 26% | USD 85,306,000 | -10.79% |  |
| KSPI | Jsc Kaspi.kz ADR | <0.1% | USD 147,000 | new |  |

## Moves this quarter (4)

- HCC Warrior Met Coal Inc.: -3.69% (USD 141,547,000)
- RIG Transocean Ltd.: +0.03% (USD 99,749,000)
- AMR Alpha Metallurgical Resources Inc.: -10.79% (USD 85,306,000)
- KSPI Jsc Kaspi.kz ADR: new (USD 147,000)

## Portfolio value by quarter

- 2008 Q4: USD 139,445,132 (16 positions)
- 2009 Q1: USD 135,927,677 (15 positions)
- 2009 Q2: USD 234,505,363 (15 positions)
- 2009 Q3: USD 322,929,137 (16 positions)
- 2009 Q4: USD 320,556,178 (16 positions)
- 2010 Q1: USD 332,831,351 (17 positions)
- 2010 Q2: USD 265,827,784 (15 positions)
- 2010 Q3: USD 292,902,298 (16 positions)
- 2010 Q4: USD 327,193,872 (16 positions)
- 2011 Q1: USD 307,320,801 (14 positions)
- 2011 Q2: USD 274,026,611 (14 positions)
- 2011 Q3: USD 258,036,633 (15 positions)
- 2011 Q4: USD 235,570,664 (13 positions)
- 2012 Q1: USD 324,749,067 (8 positions)
- 2012 Q2: USD 240,537,813 (6 positions)
- 2012 Q3: USD 273,455,872 (6 positions)
- 2012 Q4: USD 317,614,394 (6 positions)
- 2013 Q1: USD 269,690,473 (5 positions)
- 2013 Q2: USD 324,284,916 (5 positions)
- 2013 Q3: USD 349,399,470 (5 positions)
- 2013 Q4: USD 406,868,071 (5 positions)
- 2014 Q1: USD 360,779,480 (7 positions)
- 2014 Q2: USD 370,583,884 (8 positions)
- 2014 Q3: USD 328,131,692 (8 positions)
- 2014 Q4: USD 451,554,171 (10 positions)
- 2015 Q1: USD 418,240,784 (7 positions)
- 2015 Q2: USD 474,578,392 (7 positions)
- 2015 Q3: USD 377,114,515 (7 positions)
- 2015 Q4: USD 379,029,991 (7 positions)
- 2016 Q1: USD 345,142,025 (8 positions)
- 2016 Q2: USD 296,264,056 (7 positions)
- 2016 Q3: USD 338,137,044 (8 positions)
- 2016 Q4: USD 347,087,356 (7 positions)
- 2017 Q1: USD 388,946,664 (7 positions)
- 2017 Q2: USD 404,508,645 (6 positions)
- 2017 Q3: USD 412,730,035 (5 positions)
- 2017 Q4: USD 385,787,417 (5 positions)
- 2018 Q1: USD 316,763,675 (2 positions)
- 2018 Q2: USD 301,789,597 (2 positions)
- 2018 Q3: USD 229,544,018 (1 positions)
- 2018 Q4: USD 206,754,174 (2 positions)
- 2019 Q1: USD 264,840,570 (2 positions)
- 2019 Q2: USD 294,141,265 (3 positions)
- 2019 Q3: USD 261,308,272 (3 positions)
- 2019 Q4: USD 271,200,263 (3 positions)
- 2020 Q1: USD 80,774,134 (2 positions)
- 2020 Q2: USD 147,736,722 (2 positions)
- 2020 Q3: USD 149,142,758 (2 positions)
- 2020 Q4: USD 206,334,435 (2 positions)
- 2021 Q1: USD 262,010,207 (3 positions)
- 2021 Q2: USD 277,651,079 (3 positions)
- 2021 Q3: USD 190,770,430 (3 positions)
- 2021 Q4: USD 216,626,594 (2 positions)
- 2022 Q1: USD 142,289,753 (2 positions)
- 2022 Q2: USD 100,838,316 (2 positions)
- 2022 Q3: USD 98,775,561 (3 positions)
- 2022 Q4: USD 120,566,887 (4 positions)
- 2023 Q1: USD 121,278,568 (3 positions)
- 2023 Q2: USD 73,402,562 (2 positions)
- 2023 Q3: USD 169,629,648 (3 positions)
- 2023 Q4: USD 248,125,281 (4 positions)
- 2024 Q1: USD 215,703,091 (4 positions)
- 2024 Q2: USD 232,830,259 (4 positions)
- 2024 Q3: USD 246,895,109 (5 positions)
- 2024 Q4: USD 253,464,583 (3 positions)
- 2025 Q1: USD 234,824,008 (4 positions)
- 2025 Q2: USD 271,602,156 (5 positions)
- 2025 Q3: USD 336,857,377 (5 positions)
- 2025 Q4: USD 402,000,027 (4 positions)
- 2026 Q1: USD 422,885,142 (3 positions)
- 2026 Q2: USD 326,749,000 (4 positions)