About the Pabrai Wagons Fund

The Pabrai Wagons Fund is typically invested in 15-25 global businesses. We take a concentrated approach with our highest conviction bets.
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TOP HOLDINGS AS OF 12/31/2025
Edelweiss Financial Services
Warrior Met Coal
TAV Airport Holdings
Alpha Metallurgical Resources
Transocean
Reysas REIT
Valaris
Mongolian Mining Corp.
Reysas Logistics
Pulte Group
COUNTRY
INDIA
USA
TURKIYE
USA
USA
TURKIYE
USA
MONGOLIA
TURKIYE
USA
% NET ASSETS
16.9%
14.4%
13.4%
5.9%
4.7%
4.6%
4.6%
4.4%
4.1%
4.0%
Mutual fund investing involves risk. Principal loss is possible. The Fund is non-diversified, meaning it may focus its assets in fewer individual holdings than a diversified fund. Therefore, the Fund is more exposed to individual stock volatility than a diversified fund. The Fund invests in small- and medium-capitalization companies, which involve additional risks such as limited liquidity and greater volatility than larger capitalization companies. Download the prospectus.
The Pabrai Wagons Fund is distributed by Quasar Distributors, LLC. Dhandho Funds, dba Pabrai Wagons Advisors, is the Advisor to the Pabrai Wagons Fund.