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Kahn Brothers Adds $100 Million To Long Portfolio

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HFA Staff
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The fund run by the world’s oldest active institutional investor has made public its 13-F filing for the first quarter of 2013. The company shows $678,710,208 under management at the end of the first quarter in this filing, which only covers long equity bets, compared to $576,176,273 at the end of 2012.

Kahn Brothers Adds $100 Million To Long Portfolio

In this quarter, some of the company’s biggest bets made up the majority of the long portfolio. Merck & Co., Inc. (NYSE:MRK) shares were held to a value of $51,478,048; Citigroup Inc (NYSE:C) shares were valued at $60,871,275; and Pfizer Inc....

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