# Dalal Street (Pabrai Investment Funds) (Mohnish Pabrai): 13F portfolio, Q2 2026

Mohnish Pabrai's investment firm, West Lake Hills.

Source: SEC Form 13F filed 2026-08-13 for the quarter ended 2026-06-30: https://www.sec.gov/Archives/edgar/data/1549575/000154957526000015/0001549575-26-000015-index.htm
Values are as the manager reported them in the filing, not current market prices.
Page: https://valuepeg.com/managers/pabrai-dalal-street
Updated: 2026-08-13 · Next filing due by 2026-11-14

## Summary
- Reported value: $326.7M (Q1 2026: $422.9M)
- Positions: 4 (Q1 2026: 3)
- Top 10 holdings: 100.0% of the portfolio
- This quarter: 1 new, 1 added to, 2 trimmed, 0 sold out

## What Pabrai did in Q2 2026
Dalal Street (Pabrai Investment Funds) opened a new position in Joint Stock Co Kaspi.kz. Warrior Met Coal is still the largest holding, at 43.3% of the portfolio.

## Biggest buys
- Joint Stock Co Kaspi.kz (KSPI): New
- Transocean (RIG): +0.0%

## Biggest sells
- Alpha Metallurgical Resources (AMR): −11%
- Warrior Met Coal (HCC): −4%

## Top 4 holdings
| # | Company | Ticker | % of portfolio | Reported value | Change vs Q1 2026 | Held since |
|---|---|---|---|---|---|---|
| 1 | Warrior Met Coal | HCC | 43.3% | $141.5M | −4% | Q3 2024 or earlier |
| 2 | Transocean | RIG | 30.5% | $99.7M | +0.0% | Q3 2025 |
| 3 | Alpha Metallurgical Resources | AMR | 26.1% | $85.3M | −11% | Q3 2024 or earlier |
| 4 | Joint Stock Co Kaspi.kz | KSPI | 0.0% | $147.5K | New | Q2 2026 |

## Other value investors
- Davis Advisors: https://valuepeg.com/managers/davis-advisors
- Dorsey Asset Management: https://valuepeg.com/managers/dorsey-asset-management
- Duquesne Family Office (Stanley Druckenmiller): https://valuepeg.com/managers/duquesne-family-office
- Elliott Investment Management (Paul Singer): https://valuepeg.com/managers/elliott-investment-management
- Fairfax Financial (Prem Watsa): https://valuepeg.com/managers/fairfax-financial

## About this data
- **What is a 13F?** A quarterly report to the SEC in which an investment manager with over $100 million in US-listed stocks lists what it holds.
- **How current is it?** Managers file up to 45 days after each quarter ends, so the holdings may have changed since.
- **Whose figures are these?** The values are as the manager reported them in the filing, not today's prices. The SEC lets a manager keep some positions confidential for a time, and those are not in the filing.
- **What does it leave out?** Short positions, cash, bonds and most holdings outside US markets. Options are left out here too.

Not investment advice.