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 9/30/2025
Edelweiss Financial Services
TAV Airport Holdings
Warrior Met Coal
Mongolian Mining Corp.
Alpha Metallurgical Resources
Pulte Group
Toll Brothers
AutoNation
Transocean
Reysas REIT
COUNTRY
INDIA
TURKIYE
USA
MONGOLIA
USA
USA
USA
USA
USA
TURKIYE
% NET ASSETS
19.2%
12.6%
11.7%
5.8%
5.4%
4.4%
4.4%
4.2%
4.0%
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 is the Advisor to the Pabrai Wagons Fund.