DOSSIER · 13F-HR · Q2 2026

Dalal Street, LLC

$327M in tracked AUM across 4 positions as of Q2 2026. Managed by Mohnish Pabrai

DS
CIK 0001549575 · last filed Jun 30, 2026
Total AUM
$327M
as of Q2 2026
Holdings
4
positions
Whale Score
71
71
strong
Activity
no data
changes this Q
AI Analysis · Q2 2026

Portfolio Overview

Dalal Street, LLC manages a highly concentrated, high-conviction portfolio totaling approximately $249.56 million as of September 30, 2025. The fund exhibits an extreme lack of diversification, holding only four positions. This structure indicates an investment philosophy reliant on deep, idiosyncratic stock selection rather than broad market exposure or risk mitigation through diversification. During the quarter, the firm experienced a portfolio contraction of 8.1%, with...

The portfolio turnover for the period was significant. The manager executed a major reallocation, completely exiting two positions (AMR and AutoNation) and establishing a new, substantial stake in Transocean Ltd. The activity suggests a tactical shift within the fund's strategy, moving capital away from a diversified retailer (AutoNation) and a metallurgical coal producer (Alpha Metallurgical) to focus more heavily on offshore drilling services.

Key Holdings

Analysis generated by 13F Insight from SEC Form 13F filing data · Q2 2026. Methodology

Quarter at a glance — Q2 2026

Position-change comparison pending.

No quarter-over-quarter changes available.

Top 10 holdings

By portfolio weight as of Q2 2026.

#HoldingValueSharesWeight
01
HCC
WARRIOR MET COAL INC
$142M1.7M43.3%
02
H8817H100
TRANSOCEAN LTD
$100M20.4M30.5%
03
AMR
ALPHA METALLURGICAL RESOUR I
$85M517K26.1%
04
KSPI
KASPI KZ JSC
$147K2K0.0%

Filing history

2026Q2Jun 30
$327M 22.7%
4 positionsView →
2026Q1Mar 31
$423M 5.2%
3 positionsView →
2025Q4Dec 31
$402M 61.1%
4 positionsView →
2025Q3Sep 30
$250M 8.1%
4 positionsView →
2025Q2Jun 30
$272M 48.5%
5 positionsLocked
2025Q1Mar 31
$183M 27.8%
3 positionsLocked
2024Q4Dec 31
$253M 2.7%
3 positionsLocked
2024Q3Sep 30
$247M 6.0%
5 positionsLocked
2024Q2Jun 30
$233M 7.9%
4 positionsLocked
2024Q1Mar 31
$216M 13.1%
4 positionsLocked
2023Q4Dec 31
$248M 46.3%
4 positionsLocked
2023Q3Sep 30
$170M 131.1%
3 positionsLocked
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