13F Portfolios

KAHN BROTHERS GROUP INC: BAYER AG SPONS ADR (BAYRY): Quarterly 13F Position History

As of Q1 2026, KAHN BROTHERS GROUP INC reported 6,513,893 shares of BAYER AG SPONS ADR (BAYRY), worth $74.8M and representing 13.3% of its 13F equity book. Quarter-over-quarter share count change: 240,398 (-3.6%) . The position first appeared in Q4 2023 and has been disclosed across 10 13F-HR filings in Pactolio's tracked window.

Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 10 quarter s

Quarter Shares QoQ Share Change Share Change (%) Market Value Weight Implied Price
Q1 2026 6,513,893 240,398 -3.6% $74.8M 13.3% $11.5
Q4 2025 6,754,291 32,962 -0.5% $73.1M 12.9% $10.8
Q3 2025 6,787,253 +58,350 +0.9% $56.3M 10.6% $8.3
Q2 2025 6,728,903 +155,210 +2.4% $50.7M 10.2% $7.5
Q1 2025 6,573,693 +2,067,470 +45.9% $39.6M 8.0% $6.0
Q4 2024 4,506,223 653,317 -12.7% $22.0M 4.8% $4.9
Q3 2024 5,159,540 +785,085 +17.9% $43.7M 7.5% $8.5
Q2 2024 4,374,455 +1,275,315 +41.2% $30.8M 5.2% $7.0
Q1 2024 3,099,140 +2,386,640 +335.0% $23.7M 3.5% $7.7
Q4 2023 712,500 $6.6M 1.0% $9.2

Methodology & FAQ

How This Position History Is Sourced

Each row is one SEC Form 13F-HR filing disclosing this position. Share count, market value, and reported quarter are taken verbatim from the filing; portfolio weight is recomputed against the same filing's total reported equity book. Implied price-per-share is market value divided by shares — a quarter-end mark, not the manager's cost basis. See the full methodology document for the normalization rules.

When did KAHN BROTHERS GROUP INC first disclose a BAYRY position in 13F-HR filings?

KAHN BROTHERS GROUP INC first reported BAYER AG SPONS ADR (BAYRY) on its 13F-HR filing for the period ending 2023-12-31 (Q4 2023). The position has appeared on 10 reported quarters within Pactolio's tracked window.

What was KAHN BROTHERS GROUP INC's most recent quarter-over-quarter share-count change in BAYRY?

Between Q4 2025 and Q1 2026, KAHN BROTHERS GROUP INC reduced its BAYRY position by 240,398 shares (-3.6%), leaving 6,513,893 shares at a market value of $74.8M.

Does the implied price-per-share represent KAHN BROTHERS GROUP INC's cost basis in BAYRY?

No. The implied price-per-share column is the 13F-HR reported market value divided by reported share count on the filing date (end of quarter). It is a quarter-end mark, not a cost basis or transaction price. Use it as a sanity check on the value column, not as an indicator of the manager's entry or exit price.