Abrams Capital Management 13F holdings, Q1 2018
Holdings as of March 31, 2018 · filings on SEC EDGAR · latest filing →
Abrams Capital Management disclosed 20 US equity positions worth $3.2bn in its Q1 2018 13F filing. The largest position was WU at 13.0% of the reported book, followed by TEVA and TIME WARNER INC. Against the Q4 2017 filing, it opened 2 new positions, added to 6 and reduced 1 among the top 20 holdings.
What did Abrams Capital Management own in Q1 2018? Top 20 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2017 |
|---|---|---|---|---|---|---|---|
| 1 | WU WESTERN UN CO | Financial Services | 13.0% | $415.5m | 21,608,707 | 0% | held |
| 2 | TEVA TEVA PHARMACEUTICAL INDS LTD | Healthcare | 10.6% | $337.4m | 19,743,123 | 0% | held |
| 3 | TIME WARNER INC | 9.9% | $316.5m | 3,346,103 | 12% | added | |
| 4 | ALTABA INC | 9.1% | $289.9m | 3,914,805 | 0% | held | |
| 5 | BEN FRANKLIN RES INC | Financial Services | 8.6% | $275.5m | 7,945,023 | 0% | held |
| 6 | AETNA INC NEW | 7.3% | $233.2m | 1,380,000 | – | new | |
| 7 | ORLY O REILLY AUTOMOTIVE INC NEW | Consumer Cyclical | 6.9% | $218.5m | 883,194 | 0% | held |
| 8 | WTW WILLIS TOWERS WATSON PUB LTD | Financial Services | 5.6% | $180.1m | 1,183,287 | 0% | held |
| 9 | PCG PG&E CORP | Utilities | 5.4% | $171.8m | 3,911,357 | 20% | added |
| 10 | UHAL AMERCO | Industrials | 5.3% | $169.8m | 492,044 | 25% | added |
| 11 | QUALITY CARE PPTYS INC | 4.3% | $136.0m | 7,000,000 | 38% | added | |
| 12 | KMI KINDER MORGAN INC DEL | Energy | 4.0% | $127.6m | 8,472,622 | – | new |
| 13 | ABG ASBURY AUTOMOTIVE GROUP INC | Consumer Cyclical | 2.3% | $73.2m | 1,085,091 | 0% | held |
| 14 | OCH ZIFF CAP MGMT GROUP | 1.9% | $59.4m | 22,238,592 | 0% | held | |
| 15 | SUBURBAN PROPANE PARTNERS L | 1.4% | $43.8m | 1,988,346 | 32% | added | |
| 16 | BARNES & NOBLE ED INC | 1.3% | $42.1m | 6,113,875 | -7% | reduced | |
| 17 | KERYX BIOPHARMACEUTICALS INC | 1.2% | $39.8m | 9,719,176 | 0% | held | |
| 18 | GPI GROUP 1 AUTOMOTIVE INC | Consumer Cyclical | 1.0% | $32.7m | 500,471 | 100% | added |
| 19 | CCO CLEAR CHANNEL OUTDOOR HLDGS | 0.5% | $16.4m | 3,354,390 | 0% | held | |
| 20 | GLOBAL EAGLE ENTMT INC | 0.3% | $10.3m | 7,000,000 | 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.