Abrams Capital Management 13F holdings, Q1 2019
Holdings as of March 31, 2019 · filings on SEC EDGAR · latest filing →
Abrams Capital Management disclosed 19 US equity positions worth $3.6bn in its Q1 2019 13F filing. The largest position was CELG at 17.9% of the reported book, followed by PCG and BEN. Against the Q4 2018 filing, it opened 3 new positions, added to 2 and reduced 6 among the top 19 holdings.
What did Abrams Capital Management own in Q1 2019? Top 19 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2018 |
|---|---|---|---|---|---|---|---|
| 1 | CELG CELGENE CORP | 17.9% | $637.1m | 6,752,869 | – | new | |
| 2 | PCG PG&E CORP | Utilities | 12.5% | $445.0m | 25,000,000 | – | new |
| 3 | BEN FRANKLIN RES INC | Financial Services | 9.1% | $323.9m | 9,772,486 | -3% | reduced |
| 4 | ORLY O REILLY AUTOMOTIVE INC NEW | Consumer Cyclical | 8.2% | $290.5m | 748,124 | -13% | reduced |
| 5 | TEVA TEVA PHARMACEUTICAL INDS LTD | Healthcare | 7.9% | $283.0m | 18,046,356 | -3% | reduced |
| 6 | LAD LITHIA MTRS INC | Consumer Cyclical | 6.0% | $213.3m | 2,300,000 | 0% | held |
| 7 | UHAL AMERCO | Industrials | 5.9% | $208.5m | 561,258 | -3% | reduced |
| 8 | WTW WILLIS TOWERS WATSON PUB LTD | Financial Services | 5.5% | $194.9m | 1,109,811 | 0% | held |
| 9 | META FACEBOOK INC | Communication Services | 4.8% | $170.8m | 1,024,723 | 3% | added |
| 10 | KMI KINDER MORGAN INC DEL | Energy | 4.8% | $170.7m | 8,529,816 | -3% | reduced |
| 11 | GOOGL ALPHABET INC | Communication Services | 4.1% | $146.1m | 124,117 | 0% | held |
| 12 | ABG ASBURY AUTOMOTIVE GROUP INC | Consumer Cyclical | 3.7% | $132.0m | 1,902,528 | 0% | held |
| 13 | PACIFIC DRILLING SA LUXEMBOU | 2.9% | $104.5m | 7,414,537 | 0% | held | |
| 14 | SUBURBAN PROPANE PARTNERS L | 1.9% | $67.0m | 2,988,346 | 0% | held | |
| 15 | CWH CAMPING WORLD HLDGS INC | Consumer Cyclical | 1.5% | $54.9m | 3,945,362 | 2% | added |
| 16 | AKBA AKEBIA THERAPEUTICS INC | Healthcare | 1.3% | $46.3m | 5,656,462 | 0% | held |
| 17 | OCH ZIFF CAP MGMT GROUP | 1.0% | $36.5m | 2,223,860 | – | new | |
| 18 | CCO CLEAR CHANNEL OUTDOOR HLDGS | 0.5% | $17.9m | 3,354,390 | 0% | held | |
| 19 | BARNES & NOBLE ED INC | 0.5% | $17.9m | 4,260,401 | -27% | reduced |
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.