Abrams Capital Management 13F holdings, Q2 2019
Holdings as of June 30, 2019 · filings on SEC EDGAR · latest filing →
Abrams Capital Management disclosed 19 US equity positions worth $3.7bn in its Q2 2019 13F filing. The largest position was CELG at 17.0% of the reported book, followed by PCG and BEN. Against the Q1 2019 filing, it opened 2 new positions, added to 1 and reduced 1 among the top 19 holdings.
What did Abrams Capital Management own in Q2 2019? Top 19 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2019 |
|---|---|---|---|---|---|---|---|
| 1 | CELG CELGENE CORP | 17.0% | $624.2m | 6,752,869 | 0% | held | |
| 2 | PCG PG&E CORP | Utilities | 15.6% | $573.0m | 25,000,000 | 0% | held |
| 3 | BEN FRANKLIN RES INC | Financial Services | 9.2% | $340.1m | 9,772,486 | 0% | held |
| 4 | LAD LITHIA MTRS INC | Consumer Cyclical | 7.4% | $273.2m | 2,300,000 | 0% | held |
| 5 | WTW WILLIS TOWERS WATSON PUB LTD | Financial Services | 5.8% | $212.6m | 1,109,811 | 0% | held |
| 6 | UHAL AMERCO | Industrials | 5.8% | $212.5m | 561,258 | 0% | held |
| 7 | META FACEBOOK INC | Communication Services | 5.4% | $197.8m | 1,024,723 | 0% | held |
| 8 | ORLY O REILLY AUTOMOTIVE INC NEW | Consumer Cyclical | 5.4% | $197.2m | 533,886 | -29% | reduced |
| 9 | KMI KINDER MORGAN INC DEL | Energy | 4.8% | $178.1m | 8,529,816 | 0% | held |
| 10 | TEVA TEVA PHARMACEUTICAL INDS LTD | Healthcare | 4.5% | $166.6m | 18,046,356 | 0% | held |
| 11 | ABG ASBURY AUTOMOTIVE GROUP INC | Consumer Cyclical | 4.4% | $160.5m | 1,902,528 | 0% | held |
| 12 | GOOGL ALPHABET INC | Communication Services | 3.7% | $134.4m | 124,117 | 0% | held |
| 13 | PACIFIC DRILLING SA LUXEMBOU | 2.5% | $93.4m | 7,414,537 | 0% | held | |
| 14 | TMDX TRANSMEDICS GROUP INC | Healthcare | 2.4% | $87.8m | 3,499,859 | – | new |
| 15 | SUBURBAN PROPANE PARTNERS L | 2.0% | $72.6m | 2,988,346 | 0% | held | |
| 16 | CWH CAMPING WORLD HLDGS INC | Consumer Cyclical | 1.7% | $63.5m | 5,108,808 | 29% | added |
| 17 | OCH ZIFF CPTL MANGEMNT GRP I | 1.4% | $51.1m | 2,223,860 | 0% | held | |
| 18 | AKBA AKEBIA THERAPEUTICS INC | Healthcare | 0.7% | $27.4m | 5,656,462 | 0% | held |
| 19 | CCO CLEAR CHANNEL OUTDOOR HLDGS | Communication Services | 0.4% | $15.8m | 3,354,390 | – | 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.