Latest Transactions of Mohnish Pabrai Q4 2024

Highlights

Biggest Buys

1. Warrior Met Coal Inc. (HCC) Pabrai substantially increased his position in Warrior Met Coal by 144.08%, adding 1,006,263 shares at an average purchase price of $64 per share. Warrior Met Coal is a leading producer and exporter of metallurgical coal for the global steel industry. This significant increase suggests strong confidence in the metallurgical coal market and HCC's operational performance.

2. Alpha Metallurgical Resources Inc. (AMR) Pabrai modestly expanded his position in Alpha Metallurgical Resources by 1.57%, adding 7,553 shares at an average purchase price of $224 per share. Alpha Metallurgical Resources is one of America's leading producers of metallurgical coal used in steel production. This smaller increase indicates portfolio fine-tuning while maintaining conviction in the company.

Biggest Sells

1. Core Natural Resources Inc. (CNR) Pabrai reduced his position in Core Natural Resources by 22.80%, selling 175,692 shares at an average selling price of $115 per share. Core Natural Resources is focused on the extraction and processing of natural resources. This partial reduction might suggest profit-taking or reallocation within the resource sector.

2. Arch Resources Inc. (ARCH-OLD) Pabrai completely liquidated his position in Arch Resources, selling all 31,002 shares. Arch Resources is a leading producer of metallurgical products for the steel industry. This complete exit signals a significant shift in Pabrai's assessment of the company or reallocation of capital to more promising opportunities.

3. Danaos Corporation (DAC) Pabrai completely liquidated his position in Danaos Corporation, selling all 46,590 shares at an average selling price of $81 per share. Danaos is one of the largest independent owners of modern, large-size containerships. This exit from the shipping industry might indicate concerns about the sector's outlook or better opportunities elsewhere.

These transactions highlight Mohnish Pabrai's strategic portfolio adjustments in Q4 2024, with increased investments in metallurgical coal producers while reducing exposure to certain resource companies and completely exiting the shipping sector. His concentrated moves reflect his focused investment approach, often characterized by high-conviction positions in select industries.

All Transactions

The information is provided for educational purposes only and does not constitute financial advice or recommendation and should not be considered as such. Do your own research.