Mohnish Pabrai's Strategic Exit from Core Natural Resources Inc: A -25.04% Portfolio Impact

GuruFocus News

Wed, May 14, 2025, 7:01 AM 2 min read

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Mohnish Pabrai (Trades, Portfolio) precocious submitted the 13F filing for the archetypal 4th of 2025, providing insights into his concern moves during this period. Mohnish Pabrai (Trades, Portfolio) is the Managing Partner of Pabrai Investment Funds, a radical of focused worth funds. Known for his worth investing philosophy, Pabrai has shifted overmuch of his absorption to planetary markets similar India, Turkey, and South Korea, wherever helium perceives amended opportunities. His U.S.-based portfolio constitutes a smaller information of the funds full assets nether management. Pabrai chiefly invests successful smaller, out-of-favor companies with marketplace caps astir fractional a cardinal dollars, maintaining a concentrated portfolio.

Mohnish Pabrai (Trades, Portfolio) added a full of 2 stocks, among them:

• The astir important summation was Valaris Ltd (NYSE:VAL), with 1,427,564 shares, accounting for 23.87% of the portfolio and a full worth of $56.05 million.

• The 2nd largest summation to the portfolio was Noble Corp PLC (NYSE:NE), consisting of 1,728,744 shares, representing astir 17.45% of the portfolio, with a full worth of $40.97 million.

Mohnish Pabrai (Trades, Portfolio) besides accrued stakes successful a full of 1 stock, among them:

• The astir notable summation was Warrior Met Coal Inc (NYSE:HCC), with an further 94,910 shares, bringing the full to 1,799,580 shares. This accommodation represents a important 5.57% summation successful stock count, a 1.93% interaction connected the existent portfolio, with a full worth of $85.88 million.

Mohnish Pabrai (Trades, Portfolio) wholly exited 1 holding successful the archetypal 4th of 2025, arsenic elaborate below:

• Core Natural Resources Inc (NYSE:CNR): Mohnish Pabrai (Trades, Portfolio) sold each 594,950 shares, resulting successful a -25.04% interaction connected the portfolio.

Mohnish Pabrai (Trades, Portfolio) besides reduced his presumption successful 1 stock. The astir important changes include:

• Reduced Alpha Metallurgical Resources Inc (NYSE:AMR) by 72,635 shares, resulting successful a -14.91% alteration successful shares and a -5.73% interaction connected the portfolio. The banal traded astatine an mean terms of $162.74 during the 4th and has returned -30.81% implicit the past 3 months and -36.20% year-to-date.

At the archetypal 4th of 2025, Mohnish Pabrai (Trades, Portfolio)'s portfolio included 4 stocks, with apical holdings comprising 36.57% successful Warrior Met Coal Inc (NYSE:HCC), 23.87% successful Valaris Ltd (NYSE:VAL), 22.11% successful Alpha Metallurgical Resources Inc (NYSE:AMR), and 17.45% successful Noble Corp PLC (NYSE:NE).