ABRAMS CAPITAL MANAGEMENT, L.P. Long-Term Concentrated

Location: Boston, MA

CIK: 0001358706 · Show all filings

Period: Q1 2018 (← Previous) (Next →)

Filing Date: May 11, 2018

Total Value: $3.19B (100.0% shares, 0.0% debt)

Holdings (20)

WU WESTERN UN CO 13.0%

Value $416M Shares 21,608,707 Est. Cost $17.15 Unrealized —

TEVA TEVA PHARMACEUTICAL INDS LTD 10.6%

Value $337M Shares 19,743,123 Est. Cost $17.60 Unrealized —

— TIME WARNER INC 9.9%

Value $316M Shares 3,346,103 Est. Cost $91.81 Unrealized —

— ALTABA INC 9.1%

Value $290M Shares 3,914,805 Est. Cost $54.48 Unrealized —

BEN FRANKLIN RES INC 8.6%

Value $276M Shares 7,945,023 Est. Cost $23.29 Unrealized +12.4%

— AETNA INC NEW 7.3%

Value $233M Shares 1,380,000 Est. Cost $169.00 Unrealized —

ORLY O REILLY AUTOMOTIVE INC NEW 6.9%

Value $218M Shares 883,194 Est. Cost $13.26 Unrealized +27.6%

WTW WILLIS TOWERS WATSON PUB LTD 5.6%

Value $180M Shares 1,183,287 Est. Cost $109.67 Unrealized +28.2%

PCG PG&E CORP 5.4%

Value $172M Shares 3,911,357 Est. Cost $53.10 Unrealized -21.0%

UHAL AMERCO 5.3%

Value $170M Shares 492,044 Est. Cost $36.16 Unrealized -1.7%

— QUALITY CARE PPTYS INC 4.3%

Value $136M Shares 7,000,000 Est. Cost $16.82 Unrealized —

KMI KINDER MORGAN INC DEL 4.0%

Value $128M Shares 8,472,622 Est. Cost $11.08 Unrealized 0.0%

ABG ASBURY AUTOMOTIVE GROUP INC 2.3%

Value $73.24M Shares 1,085,091 Est. Cost $55.81 Unrealized +23.8%

— OCH ZIFF CAP MGMT GROUP 1.9%

Value $59.38M Shares 22,238,592 Est. Cost $3.57 Unrealized —

SPH SUBURBAN PROPANE PARTNERS L 1.4%

Value $43.76M Shares 1,988,346 Est. Cost $23.88 Unrealized —

— BARNES & NOBLE ED INC 1.3%

Value $42.13M Shares 6,113,875 Est. Cost $12.19 Unrealized —

— KERYX BIOPHARMACEUTICALS INC 1.2%

Value $39.75M Shares 9,719,176 Est. Cost $4.09 Unrealized —

GPI GROUP 1 AUTOMOTIVE INC 1.0%

Value $32.7M Shares 500,471 Est. Cost $67.74 Unrealized +9.3%

— CLEAR CHANNEL OUTDOOR HLDGS 0.5%

Value $16.44M Shares 3,354,390 Est. Cost $7.46 Unrealized —

— GLOBAL EAGLE ENTMT INC 0.3%

Value $10.29M Shares 7,000,000 Est. Cost $10.78 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
WU	WESTERN UN CO	21,608,707	$416M	13.0%	$17.15	—	COM	959802109
TEVA	TEVA PHARMACEUTICAL INDS LTD	19,743,123	$337M	10.6%	$17.60	—	SPONSORED ADR	881624209
—	TIME WARNER INC	3,346,103	$316M	9.9%	$91.81	—	COM NEW	887317303
—	ALTABA INC	3,914,805	$290M	9.1%	$54.48	—	COM	021346101
BEN	FRANKLIN RES INC	7,945,023	$276M	8.6%	$23.29	+12.4%	COM	354613101
—	AETNA INC NEW	1,380,000	$233M	7.3%	$169.00	—	COM	00817Y108
ORLY	O REILLY AUTOMOTIVE INC NEW	883,194	$218M	6.9%	$13.26	+27.6%	COM	67103H107
WTW	WILLIS TOWERS WATSON PUB LTD	1,183,287	$180M	5.6%	$109.67	+28.2%	SHS	G96629103
PCG	PG&E CORP	3,911,357	$172M	5.4%	$53.10	-21.0%	COM	69331C108
UHAL	AMERCO	492,044	$170M	5.3%	$36.16	-1.7%	COM	023586100
—	QUALITY CARE PPTYS INC	7,000,000	$136M	4.3%	$16.82	—	COM	747545101
KMI	KINDER MORGAN INC DEL	8,472,622	$128M	4.0%	$11.08	0.0%	COM	49456B101
ABG	ASBURY AUTOMOTIVE GROUP INC	1,085,091	$73.24M	2.3%	$55.81	+23.8%	COM	043436104
—	OCH ZIFF CAP MGMT GROUP	22,238,592	$59.38M	1.9%	$3.57	—	CL A	67551U105
SPH	SUBURBAN PROPANE PARTNERS L	1,988,346	$43.76M	1.4%	$23.88	—	UNIT LTD PARTN	864482104
—	BARNES & NOBLE ED INC	6,113,875	$42.13M	1.3%	$12.19	—	COM	06777U101
—	KERYX BIOPHARMACEUTICALS INC	9,719,176	$39.75M	1.2%	$4.09	—	COM	492515101
GPI	GROUP 1 AUTOMOTIVE INC	500,471	$32.7M	1.0%	$67.74	+9.3%	COM	398905109
—	CLEAR CHANNEL OUTDOOR HLDGS	3,354,390	$16.44M	0.5%	$7.46	—	CL A	18451C109
—	GLOBAL EAGLE ENTMT INC	7,000,000	$10.29M	0.3%	$10.78	—	COM	37951D102