13F-HR 1 c15328e13fvhr.txt HOLDINGS REPORT UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: March 31, 2007 Check here if Amendment [ ]; Amendment Number: This Amendment (Check only one.): [ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Mohnish Pabrai Address: 114 Pacifica Suite 240 Irvine, CA 92618-3321 Form 13F File Number: 028-11257 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Mohnish Pabrai Title: Individual Phone: (949) 275-5652 Signature, Place, and Date of Signing: /s/ Mohnish Pabrai Irvine, CA May 15, 2007 --------------------------- Report Type (Check only one.): [X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) [ ] 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) [ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) List of Other Managers Reporting for this Manager: NONE FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 14 Form I3F Information Table Value Total: $399,068 (thousands) List of Other Included Managers: NONE Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. NONE FORM 13F INFORMATION TABLE

COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 -------------------- -------- ----------- -------- ------------------- ----------- -------- ------------------------ TITLE OF VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER CLASS CUSIP (X$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE -------------------- -------- ----------- -------- --------- ---- ---- ----------- -------- -------- ---------- ---- ABX Air, Inc. COM 00080S101 35,662 5,206,081 SH Sole None 5,206,081 Berkshire Hathaway A 084670 10 8 13,842 127 SH Sole None 127 Berkshire Hathaway B 084670 20 7 11,269 3,096 SH Sole None 3,096 Cryptologic COM 228906103 43,565 1,742,609 SH Sole None 1,742,609 Delta Financial Corp. COM 247918105 38,550 4,661,401 SH Sole None 4,661,401 Fairfax Finl Hldngs Ltd SUB VTG 303901 10 2 53,133 236,590 SH Sole None 236,590 FreightCar America, COM 357023100 1,692 35,125 SH Sole None 35,125 Inc. Harvest Nat Res Inc. COM 41754V 10 3 48,445 4,973,787 SH Sole None 4,973,787 Ipsco Inc. COM 462622 10 1 73,232 557,318 SH Sole None 557,318 Lear Corp. COM 521865105 21,756 595,901 SH Sole None 595,901 MDC Holdings Inc. COM 552676108 15,541 323,301 SH Sole None 323,301 Pinnacle Airlines Corp. COM 723443107 36,205 2,094,002 SH Sole None 2,094,002 Star Gas Partners LP UNITS LTD PRTN 85512C 10 5 4,569 1,168,668 SH Sole None 1,168,668 Universal Stainless & Alloy, Inc. COM 913837 10 0 1,607 33,843 SH Sole None 33,843