Abrams Capital Management 13F holdings, Q4 2017
Holdings as of December 31, 2017 · filings on SEC EDGAR · latest filing →
Abrams Capital Management disclosed 20 US equity positions worth $3.0bn in its Q4 2017 13F filing. The largest position was WU at 13.8% of the reported book, followed by TEVA and BEN. Against the Q3 2017 filing, it opened 2 new positions, added to 5 and reduced 4 among the top 20 holdings.
What did Abrams Capital Management own in Q4 2017? Top 20 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2017 |
|---|---|---|---|---|---|---|---|
| 1 | WU WESTERN UN CO | Financial Services | 13.8% | $410.8m | 21,608,707 | 0% | held |
| 2 | TEVA TEVA PHARMACEUTICAL INDS LTD | Healthcare | 12.6% | $374.1m | 19,743,123 | -9% | reduced |
| 3 | BEN FRANKLIN RES INC | Financial Services | 11.6% | $344.3m | 7,945,023 | 0% | held |
| 4 | ALTABA INC | 9.2% | $273.4m | 3,914,805 | 0% | held | |
| 5 | TIME WARNER INC | 9.2% | $272.6m | 2,980,642 | – | new | |
| 6 | ORLY O REILLY AUTOMOTIVE INC NEW | Consumer Cyclical | 7.2% | $212.4m | 883,194 | 3% | added |
| 7 | WTW WILLIS TOWERS WATSON PLC | Financial Services | 6.0% | $178.3m | 1,183,287 | 0% | held |
| 8 | WFC WELLS FARGO CO NEW | Financial Services | 5.8% | $173.7m | 2,863,662 | -14% | reduced |
| 9 | UHAL AMERCO | Industrials | 5.0% | $149.1m | 394,610 | 0% | held |
| 10 | PCG PG&E CORP | Utilities | 4.9% | $145.7m | 3,250,000 | – | new |
| 11 | QUALITY CARE PPTYS INC | 2.4% | $70.1m | 5,077,545 | 2% | added | |
| 12 | ABG ASBURY AUTOMOTIVE GROUP INC | Consumer Cyclical | 2.3% | $69.4m | 1,085,091 | 9% | added |
| 13 | COLONY NORTHSTAR INC | 1.9% | $55.8m | 4,888,139 | -14% | reduced | |
| 14 | OCH ZIFF CAP MGMT GROUP | 1.9% | $55.6m | 22,238,592 | 0% | held | |
| 15 | BARNES & NOBLE ED INC | 1.8% | $53.9m | 6,539,708 | -25% | reduced | |
| 16 | KERYX BIOPHARMACEUTICALS INC | 1.5% | $45.2m | 9,719,176 | 70% | added | |
| 17 | SUBURBAN PROPANE PARTNERS L | 1.2% | $36.5m | 1,507,540 | 121% | added | |
| 18 | GPI GROUP 1 AUTOMOTIVE INC | Consumer Cyclical | 0.6% | $17.8m | 250,471 | 0% | held |
| 19 | GLOBAL EAGLE ENTMT INC | 0.5% | $16.0m | 7,000,000 | 0% | held | |
| 20 | CCO CLEAR CHANNEL OUTDOOR HLDGS | 0.5% | $15.4m | 3,354,390 | 0% | held |
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.