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Dalal Street recent buys & sells (2014 Q1)

Mohnish Pabrai

Dalal Street Portfolio Changes

Purchase & sale details

Portfolio value:
$464.07M (-$80M)
Previous value:
$543.92M
# of changes:
6
New positions:
2
Reported for:
31 Mar 2014 (Q1)
Latest filing date:
13 May 2014
Dalal Street has disclosed a total of 6 changes to the portfolio in the (2014 Q1) SEC report(s): increased the number of shares of 1, bought 2 totally new and decreased the number of shares of 3 position(s).

What stocks did Dalal Street buy in 2014 Q1?

During 2014 Q1 Dalal Street has purchased 3 securities: (GMWSB) GENERAL MOTORS-CW19 (added shares +0.09%), (BRK-B) Berkshire Hathaway Inc (new buy) and (GM) General Motors Company (new buy).

What did Dalal Street invest in during 2014 Q1?

Dalal Street's top 5 holdings (by % of portfolio) were (ZINCQ) AMERICAN ZINC RECYCLING LLC (22.95%), (GMWSB) GENERAL MOTORS-CW19 (22.27%), (BAC) Bank of America Corp (18.07%), (CHK) CHESAPEAKE ENERGY CORP (18.01%) and (C) Citigroup Inc (14.56%).
In the 2014 Q1 report(s) the following changes have been made to the top investments: (GMWSB) GENERAL MOTORS-CW19 (added shares +0.09%), (BAC) Bank of America Corp (reduced shares -34.13%), (CHK) CHESAPEAKE ENERGY CORP (reduced shares -0.17%) and (C) Citigroup Inc (reduced shares -8.97%).
* Shares, change to shares, sold shares, shares held after: split-adjusted.
* Reported price: this doesn't represent the actual buy or sell price. It is the split-adjusted price of the security as of the last day of the reported period.
* Current price: this can be a delayed price and may not reflect the real-time market value, however it is too close.
* Value or Price: If the security is completely sold out, we show the reported value (or price) prior to the actual period.
* Held since / Held for: calculated since the latest "new buy" position. If the security was previously exited and re-entered, only the most recent holding period is counted. 2013 Q2 is the earliest period we have data for, so "2013 Q2*" means "2013 Q2 or earlier".