Mohnish Pabrai Buys AerCap Holdings NV, Sells Seritage Growth Properties

- By insider

Investment company Mohnish Pabrai buys AerCap Holdings NV, sells Seritage Growth Properties during the 3-months ended 2017-03-31, according to the most recent filings of the investment company, Pabrai Mohnish. As of 2017-03-31, Pabrai Mohnish owns 7 stocks with a total value of $389 million. These are the details of the buys and sells.

• Added Positions: FCAU, AER,

• Reduced Positions: SRG, GOOG,

• Warning! GuruFocus has detected 4 Warning Sign with AER. Click here to check it out.

• AER 15-Year Financial Data

• The intrinsic value of AER

• Peter Lynch Chart of AER

For the details of Mohnish Pabrai's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Mohnish+Pabrai

These are the top 5 holdings of Mohnish Pabrai

1. Fiat Chrysler Automobiles NV (FCAU) - 12,922,130 shares, 36.31% of the total portfolio. Shares added by 7.94%

2. General Motors Co (GM.WS.B) - 6,053,822 shares, 27.79% of the total portfolio.

3. Alphabet Inc (GOOG) - 66,228 shares, 14.12% of the total portfolio. Shares reduced by 4.28%

4. AerCap Holdings NV (AER) - 819,185 shares, 9.68% of the total portfolio. Shares added by 21.96%

5. Ferrari NV (RACE) - 398,138 shares, 7.64% of the total portfolio.

Added: AerCap Holdings NV (AER)

Mohnish Pabrai added to the holdings in AerCap Holdings NV by 21.96%. The purchase prices were between $41.68 and $47.67, with an estimated average price of $44.78. The stock is now traded at around $44.47. The impact to the portfolio due to this purchase was 1.74%. The holdings were 819,185 shares as of 2017-03-31.

Reduced: Seritage Growth Properties (SRG)

Mohnish Pabrai reduced to the holdings in Seritage Growth Properties by 94.9%. The sale prices were between $39.8 and $47.31, with an estimated average price of $43.48. The stock is now traded at around $40.05. The impact to the portfolio due to this sale was -6.18%. Mohnish Pabrai still held 27,002 shares as of 2017-03-31.

Here is the complete portfolio of Mohnish Pabrai. Also check out:


1. Mohnish Pabrai's Undervalued Stocks

2. Mohnish Pabrai's Top Growth Companies, and

3. Mohnish Pabrai's High Yield stocks

4. Stocks that Mohnish Pabrai keeps buyingThis article first appeared on GuruFocus.

• Warning! GuruFocus has detected 4 Warning Sign with AER. Click here to check it out.

• AER 15-Year Financial Data

• The intrinsic value of AER

• Peter Lynch Chart of AER