Abrams Capital Management 13F holdings, Q3 2019
Holdings as of September 30, 2019 · filings on SEC EDGAR · latest filing →
Abrams Capital Management disclosed 20 US equity positions worth $3.6bn in its Q3 2019 13F filing. The largest position was CELG at 18.8% of the reported book, followed by LAD and BEN. Against the Q2 2019 filing, it opened 2 new positions, added to 2 and reduced 0 among the top 20 holdings.
What did Abrams Capital Management own in Q3 2019? Top 20 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2019 |
|---|---|---|---|---|---|---|---|
| 1 | CELG CELGENE CORP | 18.8% | $670.6m | 6,752,869 | 0% | held | |
| 2 | LAD LITHIA MTRS INC | Consumer Cyclical | 8.5% | $304.5m | 2,300,000 | 0% | held |
| 3 | BEN FRANKLIN RES INC | Financial Services | 7.9% | $282.0m | 9,772,486 | 0% | held |
| 4 | PCG PG&E CORP | Utilities | 7.0% | $250.0m | 25,000,000 | 0% | held |
| 5 | ALTABA INC | 6.9% | $246.4m | 12,650,000 | – | new | |
| 6 | UHAL AMERCO | Industrials | 6.1% | $218.9m | 561,258 | 0% | held |
| 7 | WTW WILLIS TOWERS WATSON PUB LTD | Financial Services | 6.0% | $214.2m | 1,109,811 | 0% | held |
| 8 | ORLY O REILLY AUTOMOTIVE INC NEW | Consumer Cyclical | 6.0% | $212.8m | 533,886 | 0% | held |
| 9 | ABG ASBURY AUTOMOTIVE GROUP INC | Consumer Cyclical | 5.5% | $194.7m | 1,902,528 | 0% | held |
| 10 | META FACEBOOK INC | Communication Services | 5.1% | $182.5m | 1,024,723 | 0% | held |
| 11 | KMI KINDER MORGAN INC DEL | Energy | 4.9% | $175.8m | 8,529,816 | 0% | held |
| 12 | TEVA TEVA PHARMACEUTICAL INDS LTD | Healthcare | 4.6% | $165.4m | 24,046,356 | 33% | added |
| 13 | GOOGL ALPHABET INC | Communication Services | 4.2% | $151.6m | 124,117 | 0% | held |
| 14 | TMDX TRANSMEDICS GROUP INC | Healthcare | 2.3% | $80.4m | 3,499,859 | 0% | held |
| 15 | SUBURBAN PROPANE PARTNERS L | 2.0% | $70.6m | 2,988,346 | 0% | held | |
| 16 | CWH CAMPING WORLD HLDGS INC | Consumer Cyclical | 1.4% | $48.6m | 5,458,626 | 7% | added |
| 17 | SCULPTOR CAP MGMT | 1.2% | $43.3m | 2,223,860 | – | new | |
| 18 | PACIFIC DRILLING SA LUXEMBOU | 0.8% | $29.0m | 7,414,537 | 0% | held | |
| 19 | AKBA AKEBIA THERAPEUTICS INC | Healthcare | 0.6% | $22.2m | 5,656,462 | 0% | held |
| 20 | CCO CLEAR CHANNEL OUTDOOR HLDGS | Communication Services | 0.2% | $8.5m | 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.