HFA Icon

Kahn Brothers Boost Stake In MBIA

HFA Padded
Mani
Published on
Updated on
Sign up for our E-mail List and Get FREE Access to Exclusive Investment E-books and More!

Kahn Brothers revealed in its 13F filing with the Securities and Exchange Commission that its equity portfolio has a market value of $540,186,470 at the end of the third quarter this year.

Irving Kahn Kahn Brothers Boost Stake In MBIA

Kahn Brothers increased positions

The registered investment adviser and money manager disclosed in its 13F filing that it has increased its stake in eight corporations including MBIA, NTP, BP and BlackBerry. Kahn Brothers also bought more shares of Paterson-UTI Energy, Voxx International Corp, Novartis AG, and AT&T Inc.

Kahn Brothers boosted its stake in MBIA by 1,024,600 shares to 4,485,956. MBIA now represents 5.05% of its portfolio, though its stock price dropped 6.52% to...

Login required to continue reading.

Setup a free account to get access to this article (no credit card required).

View Full Article
Already a member? Log in here
HFA Padded

Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports