Abrams Capital Management 13F holdings, Q3 2018
Holdings as of September 30, 2018 · filings on SEC EDGAR · latest filing →
Abrams Capital Management disclosed 22 US equity positions worth $3.8bn in its Q3 2018 13F filing. The largest position was TEVA at 11.1% of the reported book, followed by SHIRE PLC and WU. Against the Q2 2018 filing, it opened 3 new positions, added to 5 and reduced 6 among the top 22 holdings.
What did Abrams Capital Management own in Q3 2018? Top 22 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2018 |
|---|---|---|---|---|---|---|---|
| 1 | TEVA TEVA PHARMACEUTICAL INDS LTD | Healthcare | 11.1% | $420.5m | 19,522,372 | -1% | reduced |
| 2 | SHIRE PLC | 10.8% | $407.3m | 2,247,133 | – | new | |
| 3 | WU WESTERN UN CO | Financial Services | 10.7% | $403.4m | 21,165,498 | -1% | reduced |
| 4 | ORLY O REILLY AUTOMOTIVE INC NEW | Consumer Cyclical | 8.1% | $306.8m | 883,194 | 0% | held |
| 5 | EXPRESS SCRIPTS HLDG CO | 8.0% | $303.3m | 3,192,304 | 20% | added | |
| 6 | BEN FRANKLIN RES INC | Financial Services | 8.0% | $302.4m | 9,945,023 | 25% | added |
| 7 | ALTABA INC | 6.8% | $256.8m | 3,769,842 | -1% | reduced | |
| 8 | UHAL AMERCO | Industrials | 5.4% | $205.4m | 576,045 | 0% | held |
| 9 | AETNA INC NEW | 4.4% | $167.1m | 823,555 | -48% | reduced | |
| 10 | WTW WILLIS TOWERS WATSON PUB LTD | Financial Services | 4.4% | $166.8m | 1,183,287 | 0% | held |
| 11 | LAD LITHIA MTRS INC | Consumer Cyclical | 4.3% | $163.3m | 2,000,000 | 92% | added |
| 12 | KMI KINDER MORGAN INC DEL | Energy | 4.1% | $155.3m | 8,761,405 | 0% | held |
| 13 | GOOGL ALPHABET INC | Communication Services | 4.0% | $149.8m | 124,117 | 0% | held |
| 14 | ABG ASBURY AUTOMOTIVE GROUP INC | Consumer Cyclical | 2.9% | $109.0m | 1,585,091 | 46% | added |
| 15 | SUBURBAN PROPANE PARTNERS L | 1.9% | $70.3m | 2,988,346 | 6% | added | |
| 16 | CWH CAMPING WORLD HLDGS INC | Consumer Cyclical | 1.3% | $49.6m | 2,328,100 | – | new |
| 17 | BARNES & NOBLE ED INC | 0.9% | $33.8m | 5,872,465 | 0% | held | |
| 18 | OCH ZIFF CAP MGMT GROUP | 0.9% | $32.9m | 22,238,592 | 0% | held | |
| 19 | KERYX BIOPHARMACEUTICALS INC | 0.8% | $31.0m | 9,108,867 | -8% | reduced | |
| 20 | CCO CLEAR CHANNEL OUTDOOR HLDGS | 0.5% | $20.0m | 3,354,390 | 0% | held | |
| 21 | GLOBAL EAGLE ENTMT INC | 0.5% | $18.4m | 6,522,429 | -7% | reduced | |
| 22 | AKBA AKEBIA THERAPEUTICS INC | Healthcare | 0.3% | $9.9m | 1,119,286 | – | 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.