Abrams Capital Management 13F holdings, Q3 2011
Holdings as of September 30, 2011 · filings on SEC EDGAR · latest filing →
Abrams Capital Management disclosed 20 US equity positions worth $1.1bn in its Q3 2011 13F filing. The largest position was HRB at 14.2% of the reported book, followed by LAMAR ADVERTISING CO and SLM. Against the Q2 2011 filing, it opened 7 new positions, added to 9 and reduced 1 among the top 20 holdings.
What did Abrams Capital Management own in Q3 2011? Top 20 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2011 |
|---|---|---|---|---|---|---|---|
| 1 | HRB BLOCK H & R INC | Consumer Cyclical | 14.2% | $154.8m | 11,630,498 | 14% | added |
| 2 | LAMAR ADVERTISING CO | 13.8% | $149.7m | 8,792,519 | 216% | added | |
| 3 | SLM SLM CORP | Financial Services | 13.1% | $142.7m | 11,461,892 | 16% | added |
| 4 | LIBERTY MEDIA CORP NEW INT | 11.0% | $119.2m | 8,074,750 | 0% | held | |
| 5 | CROWN CASTLE INTL CORP | 10.1% | $109.7m | 2,697,983 | 0% | held | |
| 6 | ARBITRON INC | 8.9% | $97.4m | 2,943,558 | -1% | reduced | |
| 7 | TEVA TEVA PHARMACEUTICAL INDS LTD | Healthcare | 7.4% | $80.8m | 2,171,000 | – | new |
| 8 | CEPHALON INC | 6.9% | $75.1m | 930,000 | – | new | |
| 9 | CAREFUSION CORP | 4.1% | $45.1m | 1,885,184 | 11% | added | |
| 10 | CCO CLEAR CHANNEL OUTDOOR HLDGS | 2.9% | $31.4m | 3,354,390 | 1% | added | |
| 11 | PMT PENNYMAC MTG INVT TR | Real Estate | 1.7% | $18.2m | 1,143,600 | 0% | held |
| 12 | GNW GENWORTH FINL INC | Financial Services | 1.6% | $17.2m | 3,000,000 | – | new |
| 13 | SANOFI RIGHT 12/31/2020 | 1.3% | $14.2m | 13,359,333 | – | new | |
| 14 | OHI OMEGA HEALTHCARE INVS INC | Real Estate | 0.7% | $8.0m | 500,000 | – | new |
| 15 | ROYAL BK SCOTLAND GROUP PLC SP | 0.7% | $7.2m | 599,950 | 2% | added | |
| 16 | ROYAL BK SCOTLAND GROUP PLC SP | 0.6% | $6.6m | 620,300 | 3% | added | |
| 17 | ROYAL BK SCOTLAND GROUP PLC | 0.6% | $6.1m | 574,945 | 64% | added | |
| 18 | ROYAL BK SCOTLAND GROUP PLC SP | 0.3% | $3.6m | 324,325 | 3% | added | |
| 19 | ROYAL BK SCOTLAND GROUP PLC | 0.0% | $500.0k | 48,446 | – | new | |
| 20 | ROYAL BK SCOTLAND GROUP PLC | 0.0% | $491.0k | 46,800 | – | new |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.