Abrams Capital Management 13F holdings, Q4 2011
Holdings as of December 31, 2011 · filings on SEC EDGAR · latest filing →
Abrams Capital Management disclosed 20 US equity positions worth $1.2bn in its Q4 2011 13F filing. The largest position was LAMAR ADVERTISING CO at 20.8% of the reported book, followed by HRB and SLM. Against the Q3 2011 filing, it opened 1 new position, added to 12 and reduced 2 among the top 20 holdings.
What did Abrams Capital Management own in Q4 2011? Top 20 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2011 |
|---|---|---|---|---|---|---|---|
| 1 | LAMAR ADVERTISING CO | 20.8% | $255.9m | 9,306,141 | 6% | added | |
| 2 | HRB BLOCK H & R INC | Consumer Cyclical | 16.8% | $207.1m | 12,683,174 | 9% | added |
| 3 | SLM SLM CORP | Financial Services | 13.6% | $167.0m | 12,461,892 | 9% | added |
| 4 | CROWN CASTLE INTL CORP | 9.8% | $120.9m | 2,697,983 | 0% | held | |
| 5 | ARBITRON INC | 8.2% | $101.3m | 2,943,558 | 0% | held | |
| 6 | TEVA TEVA PHARMACEUTICAL INDS LTD | Healthcare | 7.7% | $95.0m | 2,355,000 | 8% | added |
| 7 | CAREFUSION CORP | 5.8% | $71.9m | 2,828,384 | 50% | added | |
| 8 | CCO CLEAR CHANNEL OUTDOOR HLDGS | 3.4% | $42.1m | 3,354,390 | 0% | held | |
| 9 | LIBERTY INTERACTIVE CORPORAT INT | 2.6% | $32.1m | 1,979,738 | -75% | reduced | |
| 10 | OHI OMEGA HEALTHCARE INVS INC | Real Estate | 2.4% | $29.0m | 1,500,000 | 200% | added |
| 11 | SANOFI RIGHT 12/31/2020 | 2.1% | $26.2m | 21,800,000 | 63% | added | |
| 12 | GNW GENWORTH FINL INC | Financial Services | 1.6% | $19.6m | 3,000,000 | 0% | held |
| 13 | COMMONWEALTH REIT | 1.2% | $14.7m | 882,792 | – | new | |
| 14 | ROYAL BK SCOTLAND GROUP PLC SP | 0.9% | $10.5m | 912,525 | 181% | added | |
| 15 | PMT PENNYMAC MTG INVT TR | Real Estate | 0.7% | $9.2m | 553,494 | -52% | reduced |
| 16 | ROYAL BK SCOTLAND GROUP PLC SP | 0.6% | $8.0m | 699,900 | 13% | added | |
| 17 | ROYAL BK SCOTLAND GROUP PLC SP | 0.6% | $7.7m | 599,950 | 0% | held | |
| 18 | ROYAL BK SCOTLAND GROUP PLC | 0.5% | $6.7m | 599,000 | 4% | added | |
| 19 | ROYAL BK SCOTLAND GROUP PLC | 0.3% | $3.6m | 323,239 | 591% | added | |
| 20 | ROYAL BK SCOTLAND GROUP PLC | 0.3% | $3.6m | 322,851 | 566% | added |
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.