Kahn Brothers 13F-HR Quarterly holdings report by institutional manager

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

OMB APPROVAL

OMB Number:		3235-0006
Expires:	Oct 31, 2018
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COLUMN 1	COLUMN 2	COLUMN 3	COLUMN 4	COLUMN 5			COLUMN 6	COLUMN 7	COLUMN 8
			VALUE	SHRS OR	SH/	PUT/	INVESTMENT	OTHER	VOTING AUTHORITY
NAME OF ISSUER	TITLE OF CLASS	CUSIP	(x$1000)	PRN AMT	PRN	CALL	DISCRETION	MANAGER	SOLE	SHARED	NONE
AMERICAN TEL & TEL	COM	030177109	391,118	12,921	SH		SOLE		12,921	0	0
ASSURED GUARANTY	COM	G0585R106	61,920,244	1,464,528	SH		SOLE		1,464,528	0	0
BANK OF AMERICA	COM	060505104	524,133	13,547	SH		SOLE		13,547	0	0
BP PLC	COM	055622104	46,576,680	1,912,800	SH		SOLE		1,912,800	0	0
BRISTOL MYERS SQUIBB	COM	110122108	53,429,191	846,336	SH		SOLE		846,336	0	0
BLACKBERRY	COM	09228F103	22,502,122	2,669,291	SH		SOLE		2,669,291	0	0
BERKSHIRE HATHAWAY	COM	084670702	830,278	3,250	SH		SOLE		3,250	0	0
CITIGROUP	COM	172967101	60,446,751	830,883	SH		SOLE		830,883	0	0
CHEVRONTEXACO	COM	166764100	413,711	3,948	SH		SOLE		3,948	0	0
COMCAST CL A	COM	20030N101	334,454	6,181	SH		SOLE		6,181	0	0
CREW ENERGY	COM	226533107	169,260	182,000	SH		SOLE		182,000	0	0
DEUTSCHE BANK	COM	D18190898	120,000	10,000	SH		SOLE		10,000	0	0
EXXON MOBIL	COM	30231G102	902,771	16,170	SH		SOLE		16,170	0	0
FIRST NATL BK OF ALASKA	COM	32112J106	1,048,494	4,770	SH		SOLE		4,770	0	0
GENIE ENERGY	COM	903514344	2,164,641	341,426	SH		SOLE		341,426	0	0
GLAXOSMITHKLINE	COM	37733W105	45,175,331	1,265,770	SH		SOLE		1,265,770	0	0
HOLOGIC	COM	436440101	3,304,629	44,429	SH		SOLE		44,429	0	0
HOPE BANCORP	COM	43940T109	466,860	31,000	SH		SOLE		31,000	0	0
IDT CORP CL B	COM	448847309	11,035,646	487,010	SH		SOLE		487,010	0	0
IDW MEDIA	COM	44951N106	291,916	72,978	SH		SOLE		72,978	0	0
JP MORGAN CHASE	COM	44625H100	308,226	2,025	SH		SOLE		2,025	0	0
LIFEWAY FOODS	COM	531914109	54,000	10,000	SH		SOLE		10,000	0	0
MERCK	COM	589331107	54,493,865	706,886	SH		SOLE		706,886	0	0
MBIA	COM	55262C100	47,087,649	4,894,766	SH		SOLE		4,894,766	0	0
NAM TAI PPTY	COM	G63907102	16,221,891	1,315,644	SH		SOLE		1,315,644	0	0
NAVIENT	COM	63938C108	333,223	23,286	SH		SOLE		23,286	0	0
NEW YORK COMMUNITY	COM	649445103	56,768,767	4,498,318	SH		SOLE		4,498,318	0	0
NOVARTIS ADR	COM	66987V109	1,743,621	20,398	SH		SOLE		20,398	0	0
PFIZER	COM	717081103	23,994,658	662,287	SH		SOLE		662,287	0	0
PATTERSON ENERGY	COM	703481101	40,143,071	5,630,164	SH		SOLE		5,630,164	0	0
PEPSICO	COM	713448108	268,755	1,900	SH		SOLE		1,900	0	0
PEYTO EXP & DEV	COM	717046106	148,442	35,000	SH		SOLE		35,000	0	0
PROVIDENT FINANCIAL	COM	74386T105	612,076	27,472	SH		SOLE		24,472	0	0
RAFAEL HOLDING	COM	75062E106	12,590,529	334,476	SH		SOLE		334,476	0	0
SEABOARD CORP	COM	811543107	37,881,437	10,266	SH		SOLE		10,266	0	0
STERLING BANCORP	COM	85917A100	6,249,516	271,482	SH		SOLE		271,482	0	0
TRINITY PLACE HOLDINGS	COM	89656D101	2,816,186	1,360,629	SH		SOLE		1,360,629	0	0
VERIZON	COM	92343V104	886,439	15,244	SH		SOLE		15,244	0	0
V IATRIS	COM	92556V106	1,286,540	92,093	SH		SOLE		92,093	0	0
VIEWRAY	COM	92672L107	1,751,114	402,555	SH		SOLE		402,555	0	0
VOXX INTERNATIONAL	COM	91829F104	26,574,653	1,394,263	SH		SOLE		1,394,263	0	0
ZEDGE INC.	COM	98923T104	1,809,826	124,779	SH		SOLE		124,779	0	0