This report shows Pabrai Wagons fund's holdings as of March 31, 2024. The fund mainly invests in U.S. stocks (60%) and Turkish stocks (27.7%), such as beverage companies Anadolu Efes and Coca-Cola Icecek. Metals & mining is the top sector (22.4%), including U.S. coal firm Alpha Metallurgical Resources. It also holds cash (money market funds at 9.2%) and a convertible bond (Spirit Airlines bond). No manager commentary is included.
As of March 31, 2024, the net assets of the Pabrai Wagons Fund stood at $16,716,806. The fund's portfolio is concentrated in equities (95.3% of net assets), with the top three sectors being Metals & Mining (22.4%), Beverages (17.4%), and Specialty Retail (15.9%). The top ten holdings include Anadolu
As of March 31, 2024, the snapshot of the Pabrai Wagons Fund's portfolio is as follows.
This section does not provide performance return data or benchmark information.
This section does not provide a summary table of the top ten holdings. Details of individual stocks are available in the industry allocation section.
| Country/Region | Market Value (USD) | % of Net Assets |
|---|---|---|
| United States | 10,033,984 | 60.0% |
| Turkey | 4,630,037 | 27.7% |
| Canada | 2,215,733 | 13.2% |
| Cayman Islands | 663,254 | 4.0% |
| Liabilities in Excess of Other Assets | (826,202) | (4.9%) |
| Total | 16,716,806 | 100.0% |
| Industry | Country/Region | Market Value (USD) | % of Net Assets |
|---|---|---|---|
| Beverages | Turkey | 2,907,417 | 17.4% |
| Of which: Anadolu Efes Biracilik Ve Malt Sanayii AS | 1,640,585 | ||
| Coca-Cola Icecek AS | 1,266,832 | ||
| Metals & Mining | Cayman Islands/United States | 3,734,831 | 22.4% |
| Of which: Mongolian Mining Corp. (Cayman Islands) | 663,254 | 4.0% | |
| Alpha Metallurgical Resources, Inc. (United States) | 1,692,279 | ||
| Arch Resources, Inc. (United States) | 653,933 | ||
| Warrior Met Coal, Inc. (United States) | 725,365 | ||
| Specialty Retail | United States | 2,653,187 | 15.9% |
| Of which: Asbury Automotive Group, Inc. | 650,517 | ||
| AutoNation, Inc. | 666,956 | ||
| Group 1 Automotive, Inc. | 675,928 | ||
| Lithia Motors, Inc. | 659,786 | ||
| Software | Canada/United States | 2,184,687 | 13.1% |
| Of which: Constellation Software, Inc. (Canada) | 650,108 | 11.3% | |
| Lumine Group, Inc. (Canada) | 623,222 | ||
| Tiny Ltd. (Canada) | 126,812 | ||
| Topicus.com, Inc. (Canada) | 492,145 | ||
| Microsoft Corp. (United States) | 292,400 | 1.8% | |
| Transportation Infrastructure | Turkey | 1,722,620 | 10.3% |
| Of which: TAV Havalimanlari Holding AS | 1,722,620 | ||
| Oil, Gas & Consumable Fuels | United States | 1,375,059 | 8.2% |
| Of which: CONSOL Energy, Inc. | 702,998 | ||
| Occidental Petroleum Corp. | 672,061 | ||
| Household Durables | United States | 640,010 | 3.8% |
| Of which: PulteGroup, Inc. | 640,010 | ||
| Broadline Retail | United States | 389,440 | 2.3% |
| Of which: Amazon.com, Inc. | 389,440 | ||
| Capital Markets | Canada | 323,446 | 1.9% |
| Of which: Brookfield Corp. | 323,446 | ||
| Total Common Stocks | 15,930,697 | 95.3% | |
| Convertible Bonds | United States | 70,695 | 0.4% |
| Of which: Spirit Airlines, Inc., 1.00%, 05/15/2026 | 70,695 | ||
| Money Market Funds | United States | 1,541,616 | 9.2% |
| Of which: First American Treasury Obligations Fund - Class X, 5.21% | 1,541,616 | ||
| Total Investments | 17,543,008 | 104.9% | |
| Liabilities in Excess of Other Assets | (826,202) | (4.9%) | |
| Total Net Assets | 16,716,806 | 100.0% |
This section does not include investment objectives or manager commentary.