Abrams Capital Management’s Barnes & Noble BKS Stock Holding History

Abrams Capital Management’s Portfolio BKS Stock Details BKS Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2017 Q3	–	Sell	-3,508,735	Closed	-$26.7M	–	22
2017 Q2	$26.7M	Sell	3,508,735 -6,910,040	-66%	-$54.2M	1.06%	16
2017 Q1	$96.4M	Hold	10,418,775	–	–	3.69%	10
2016 Q4	$116M	Hold	10,418,775	–	–	4.26%	9
2016 Q3	$118M	Buy	10,418,775 +1	+0%	+$12	5.84%	7
2016 Q2	$118M	Hold	10,418,774	–	–	6.18%	6
2016 Q1	$129M	Buy	10,418,774 +3,000,000	+40%	+$29.4M	6.08%	7
2015 Q4	$64.6M	Buy	7,418,774 +500,000	+7%	+$5.88M	3.53%	10
2015 Q3	$83.8M	Sell	6,918,774 -891,289	-11%	-$14.3M	6%	5
2015 Q2	$133M	Buy	7,810,063 +1,531,505	+24%	+$23.9M	9.02%	5
2015 Q1	$97.7M	Hold	6,278,558	–	–	7.27%	5
2014 Q4	$95.5M	Hold	6,278,558	–	–	4.95%	7
2014 Q3	$81.2M	Hold	6,278,558	–	–	4.8%	8
2014 Q2	$93.8M	Buy	6,278,558 +3,050,719	+95%	+$36.8M	6.62%	6
2014 Q1	$44.2M	Buy	+3,227,839	New	+$37M	3.5%	8

Other funds holding BKS

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

Dimensional Fund Advisors Austin, Texas $552B AUM 44.19% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

TowerView LLC New York $152M AUM 20.28% 1-Year Est. Return

State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return

TSW

Thompson Siegel & Walmsley Richmond, Virginia $5.57B AUM 9.46% 1-Year Est. Return

Norges Bank Oslo, Norway $1T AUM

Bank of New York Mellon New York $609B AUM 40.19% 1-Year Est. Return

Robeco Institutional Asset Management Rotterdam, Netherlands $81.4B AUM 40.71% 1-Year Est. Return

Northern Trust Chicago, Illinois $860B AUM 41.15% 1-Year Est. Return

Abrams Capital Management's BKS Position: Q3 2017 in Review

Abrams Capital Management sold out of Barnes & Noble (BKS) in Q3 2017, closing a stake of 3,508,735 shares — an estimated $26.7M sold.

Abrams Capital Management first reported a position in BKS in Q1 2014 and held it in 14 quarters. The position peaked at $133M in Q2 2015. 175 funds tracked by Wall St. Rank hold BKS as of Q3 2017.

Abrams Capital Management reported no remaining Barnes & Noble position as of Q3 2017 after selling out during the quarter.
Abrams Capital Management sold 3,508,735 Barnes & Noble shares in Q3 2017, an estimated $26.7M.
Abrams Capital Management first reported a position in Barnes & Noble in Q1 2014 and held it in 14 quarters.
Abrams Capital Management's Barnes & Noble position peaked at $133M in Q2 2015.
175 funds tracked by Wall St. Rank held Barnes & Noble as of Q3 2017.

Based on Abrams Capital Management's 13F filing for Q3 2017, filed 14 Nov 2017.