Pabrai Investments (Dalal Street)

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 13, 2025), Mohnish Pabrai's Pabrai Investments (Dalal Street) reported 5 stock positions worth $271.6 million. Its top holding was Warrior Met Coal (HCC) at 30.4% of the portfolio, followed by Valaris (VAL, 29.2%) and Alpha Metallurgical Resource (AMR, 19.1%). Compared with Q1 2025, it opened 1 new position and added to 3. The biggest buy was Valaris (VAL, shares +32%).

Most Recent 13F
Q2 2026
Notable People
Mohnish Pabrai
Location
WEST LAKE HILLS, TX
CIK
0001549575
Portfolio Value
$271.6M (Q2 2025)
SEC Filing
0001549575-25-000006 ↗ filed Aug 13, 2025

Holdings Value

0$100.0M$200.0M$300.0M$400.0M$500.0M Q1 2024: $215.7M Q1 2024 Q2 2024: $232.8M Q2 2024 Q3 2024: $246.9M Q3 2024 Q4 2024: $253.4M Q4 2024 Q1 2025: $234.8M Q1 2025 Q2 2025: $271.6M $271.6M Q2 2025 Q3 2025: $336.9M Q3 2025 Q4 2025: $402.0M Q4 2025 Q1 2026: $422.9M Q1 2026 Q2 2026: $326.7M Q2 2026

Holdings 5 stocks · $271.6M
HCC Warrior Met Coal Inc. 30.37% 1,799,745 $82.5M Add +0.0%
VAL Valaris Ltd. 29.21% 1,883,777 $79.3M Add +32.0%
AMR Alpha Metallurgical Resource 19.06% 460,327 $51.8M Add +11.0%
NE Noble Corp. PLC 16.90% 1,728,744 $45.9M No change
AN Autonation Inc. 4.46% 61,000 $12.1M New

Portfolio Sells Q1 2025 → Q2 2025
None this quarter.

Portfolio Buys Q1 2025 → Q2 2025
VAL Valaris Ltd. Add +32.0% 29.21% +5.34
AN Autonation Inc. New 4.46% +4.46
AMR Alpha Metallurgical Resource Add +11.0% 19.06% −3.05
HCC Warrior Met Coal Inc. Add +0.0% 30.37% −6.20

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 4$326.7MHCC, RIG, AMR, KSPI
Q1 2026 3$422.9MHCC, RIG, AMR
Q4 2025 4$402.0MHCC, RIG, AMR, VAL
Q3 2025 5$336.9MHCC, AMR, RIG, VAL, NE
Q2 2025 5$271.6MHCC, VAL, AMR, NE, AN
Q1 2025 4$234.8MHCC, VAL, AMR, NE
Q4 2024 3$253.4MAMR, HCC, CONSOL ENERGY INC
Q3 2024 5$246.9MAMR, CONSOL ENERGY INC, HCC, ARCH, DAC
Q2 2024 4$232.8MAMR, ARCH, HCC, CONSOL ENERGY INC
Q1 2024 4$215.7MAMR, CONSOL ENERGY INC, HCC, ARCH