How many stocks does Abrams Capital Management, L.P. own?

As of Q4 2020, Abrams Capital Management, L.P. holds 17 positions in their 13F portfolio.

What is Abrams Capital Management, L.P.'s largest holding?

LAD at 19.4% of portfolio, worth $688.1M.

What is Abrams Capital Management, L.P.'s total portfolio value?

$3.5B as of Q4 2020, tracked across 17 holdings.

Is Abrams Capital Management, L.P. a hedge fund?

Abrams Capital Management, L.P. is an institutional investment manager required to file SEC 13F reports. This includes hedge funds, mutual funds, pension funds, and other institutions managing over $100M.

How often does Abrams Capital Management, L.P. report?

13F filings are due quarterly, approximately 45 days after each quarter end.

How has Abrams Capital Management, L.P.'s portfolio changed in Q4 2020?

View Abrams Capital Management, L.P.'s latest portfolio changes, new positions, and exits for Q4 2020 on HoldingsIntel.

What is Abrams Capital Management, L.P.'s investment strategy?

Abrams Capital Management, L.P. is classified as a Concentrated Value fund based on HoldingsIntel's Fund DNA analysis of 6 behavioral dimensions.

Abrams Capital Management, L.P.

Institutional investor · Portfolio as of Q4 2020

Q4 2020

SEC 13F snapshot

Top Holdings17 positions

Checking export access…

Activity:

				Price Trend
LAD Lithia Motors, Inc.	2.4M	$688.1M	19.4%	—	$134.18	+109.58%	6 qtrssince 2019-Q3	Increased 68
TDG Transdigm Group Incorporated	539,305	$333.7M	9.4%	—	$266.12	+93.28%	4 qtrssince 2020-Q1	Unchanged 0
META Meta Platforms, Inc.	1.2M	$329.2M	9.3%	—	$174.67	+54.90%	6 qtrssince 2019-Q3	Unchanged 0
ABG Asbury Automotive Group Inc	2.1M	$308.7M	8.7%	—	$97.53	+49.42%	6 qtrssince 2019-Q3	Unchanged 0
PCG PG&E Corporation	23.2M	$289M	8.2%	—	$9.79	+24.60%	6 qtrssince 2019-Q3	Decreased 0
GOOGL Alphabet Inc.	146,440	$256.7M	7.2%	—	$59.97	+44.74%	6 qtrssince 2019-Q3	Unchanged 0
UH UHAL U-Haul Holding Company	561,258	$254.8M	7.2%	—	$38.56	+17.22%	6 qtrssince 2019-Q3	Unchanged 0
TEVA ADR Teva Pharmaceutical Industries Limited	24M	$232M	6.5%	—	$6.88	+40.26%	6 qtrssince 2019-Q3	Unchanged 0
WTW Willis Towers Watson Public Limited Company	1.1M	$230.5M	6.5%	—	$175.72	+11.11%	6 qtrssince 2019-Q3	Unchanged 0
KMI Kinder Morgan, Inc.	12.5M	$170.6M	4.8%	—	$12.56	-21.62%	6 qtrssince 2019-Q3	Unchanged 0
ET ENERGY TRANSFER L P	22.1M	$136.7M	3.9%	—	$2.86	+35.40%	4 qtrssince 2020-Q1	Unchanged 0
CWH Camping World Holdings, Inc.	5.1M	$133.1M	3.8%	—	$6.83	+197.19%	6 qtrssince 2019-Q3	Unchanged 0
OI O-I Glass, Inc.	6.9M	$82.5M	2.3%	—	$10.46	+13.73%	5 qtrssince 2019-Q4	Unchanged 0
TMDX TransMedics Group, Inc.	3.5M	$69.6M	2.0%	—	$23.75	+74.69%	6 qtrssince 2019-Q3	Unchanged 0
?? BRISTOL-MYERS SQUIBB-CVRDelisted right	24.8M	$17.1M	0.5%	—	—	—	5 qtrssince 2019-Q4	Increased 53
SCUDelisted SCULPTOR CAP MGMT	521,991	$7.9M	0.2%	—	—	—	6 qtrssince 2019-Q3	Decreased 0
CCODelisted CLEAR CHANNEL OUTDOOR HLDGS	3.4M	$5.5M	0.2%	—	$2.52	-28.57%	6 qtrssince 2019-Q3	Unchanged 0

$3.5B

AUM

Positions

Q4 2020

Filing

HI rating · 5.0/5

Quarterly 13F Value Change

Reported 13F value ($B)

Reported 13F values and quarter-over-quarter reported value changes; not investment returns.
Quarter	Reported value in US dollars	Reported value change
2019-Q4	$3,218,896,000	-9.88210103834%
2020-Q1	$2,540,959,000	-21.0611650703%
2020-Q2	$3,094,129,000	21.7701269481%
2020-Q3	$3,163,817,000	2.25226550024%
2020-Q4	$3,545,811,000	12.0738336004%

Activity profile

$ moved · Q4'20

New0%Increased44%Decreased15%Exited41%

Composition

Equity vs derivatives

Equity100%Puts0%Calls0%

Holding period

Avg 1.2 years

<1Q0%1-4Q12%1-2Y88%2Y+0%

Q4 2020 Summary

Exited BEN and AKBA; increased 2, led by LAD (+125,000 shares); trimmed 2, led by PCG (−1.8M shares). Top move: LAD (INCREASED, conviction 68). Portfolio: $3.5B across 17 positions.

Portfolio Allocation

Top holdings by portfolio weight

LAD19.41%

TDG9.41%

META9.28%

ABG8.71%

PCG8.15%

GOOGL7.24%

UHAL7.19%

TEVA6.54%

WTW6.50%

KMI4.81%