Mohnish Pabrai - Pabrai Investments

Superinvestor profile · Rank #140 by reported 13F value (2026 Q2 filers) · CIK 0001549575 · All profiles
Founded 1999Austin, Texas, U.S.Concentrated long-only value, modelled on the early Buffett partnerships (Dhandho)Key person: Mohnish Pabrai (founder, managing partner and CEO of the adviser)
Reported 13F value
$327M
Period 2026-06-30 · Filed 2026-08-13
Positions
4
Top 10 = 100.0% of value
Clone CAGR (full window)
+5.1%
2016-11-10 → 2026-10-02 · cumulative +63%
SPY CAGR (same window)
+15.5%
Cumulative +315%
Max drawdown (monthly)
-61%
Month-end values, approximate
Latest-quarter activity
1 new · 0 exited
1 increased · 2 decreased
Hypothetical clone — not this fund's returns. The performance on this page replicates only the long U.S. equity positions disclosed on this manager's Form 13F filings, rebalanced on filing dates at disclosed weights with dividend-adjusted prices. It excludes shorts, bonds, cash, non-U.S. listings, private holdings, leverage and fees. Treat it as a measure of how the disclosed stock picks performed, never as the fund's track record. Evidence: filing-by-filing dossier (PDF) · Methodology (PDF)

Clone performance

2016 2026 — 13F clone — S&P 500 (SPY)
WindowClone CAGRNote
Full window (2016-11-10 → 2026-10-02, 40 filings)+5.07%Cumulative +63.0% vs SPY +315.5%
Trailing 10Y—
Trailing 5Y+2.28%
Trailing 3Y+2.63%
Trailing 1Y+24.92%

Top holdings — 2026 Q2 filing

TickerCompanyWeightReported value
HCCWarrior Met Coal Inc43.32%$142M
RIGTransocean Ltd30.53%$100M
AMRAlpha Metallurgical Resour I26.11%$85M
KSPIKaspi Kz Jsc0.05%$0M

As reported on the 2026-06-30 Form 13F (filed 2026-08-13). Full holdings and quarter changes: holdings page.

Filing history in this profile

Every clone input traces to one of these SEC filings. 69.5% of the latest filing's reported value is covered by our price history; the remainder is mostly non-U.S. listings, recent IPOs or delisted names and is excluded from the clone.

QuarterSEC accession no.FiledDisclosed CUSIPs
2026Q20001549575-26-0000152026-08-134
2026Q10001549575-26-0000092026-05-143
2025Q40001549575-26-0000022026-02-134
2025Q30001549575-25-0000122025-11-135
2025Q20001549575-25-0000062025-08-135
2025Q10001549575-25-0000042025-05-144
2024Q40001549575-25-0000022025-02-133
2024Q30001549575-24-0000132024-11-135
2024Q20001549575-24-0000092024-08-134
2024Q10001549575-24-0000072024-05-144
2023Q40001549575-24-0000052024-02-144
2023Q30001549575-23-0000172023-11-133
2023Q20001549575-23-0000142023-08-112
2023Q10001549575-23-0000082023-05-123
2022Q40001549575-23-0000042023-02-144
2022Q30001549575-22-0000162022-11-143
2022Q20001549575-22-0000132022-08-122
2022Q10001549575-22-0000102022-05-132
2021Q40001549575-22-0000052022-02-142
2021Q30001549575-21-0000132021-11-123
2021Q20001549575-21-0000102021-08-133
2021Q10001549575-21-0000082021-05-143
2020Q40001549575-21-0000042021-02-122
2020Q30001549575-20-0000122020-11-132
2020Q20001549575-20-0000102020-08-132
2020Q10001549575-20-0000052020-05-142
2019Q40001549575-20-0000022020-02-133
2019Q30001549575-19-0000102019-11-133
2019Q20001549575-19-0000082019-08-133
2019Q10001549575-19-0000052019-05-142
2018Q40001549575-19-0000032019-02-132
2018Q30001549575-18-0000132018-11-131
2018Q20001549575-18-0000072018-08-132
2018Q10001549575-18-0000052018-05-142
2017Q40001549575-18-0000032018-02-135
2017Q30001549575-17-0000142017-11-135
2017Q20001549575-17-0000092017-08-116
2017Q10001549575-17-0000062017-05-127
2016Q40001549575-17-0000032017-02-137
2016Q30001549575-16-0000212016-11-108

Background (founded / HQ / style) source: https://dhandho-holdings.com/wp-content/uploads/2023/04/Firm-Brochure.pdf — Form ADV brochure supplement for Dalal Street, LLC DBA Pabrai Investment Funds, at 1250 S. Capital of Texas Highway, Austin, Texas: Pabrai Funds has operated since inception in 1999 with $1 million in assets, and Pabrai is CEO and owner of the adviser. The funds are a close replica of the original Buffett Partnership rules, with no management fee and a performance fee only above a hurdle.