Abrams Capital Management’s Wells Fargo WFC Stock Holding History

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

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2018 Q1	–	Sell	-2,863,662	Closed	-$174M	–	22
2017 Q4	$174M	Sell	2,863,662 -478,681	-14%	-$27M	5.85%	8
2017 Q3	$184M	Hold	3,342,343	–	–	7.19%	5
2017 Q2	$185M	Hold	3,342,343	–	–	7.36%	5
2017 Q1	$186M	Hold	3,342,343	–	–	7.13%	5
2016 Q4	$184M	Buy	3,342,343 +572,343	+21%	+$28.8M	6.76%	6
2016 Q3	$123M	Hold	2,770,000	–	–	6.09%	6
2016 Q2	$131M	Hold	2,770,000	–	–	6.85%	5
2016 Q1	$134M	Hold	2,770,000	–	–	6.33%	6
2015 Q4	$151M	Hold	2,770,000	–	–	8.23%	4
2015 Q3	$142M	Hold	2,770,000	–	–	10.18%	3
2015 Q2	$156M	Hold	2,770,000	–	–	10.58%	4
2015 Q1	$151M	Hold	2,770,000	–	–	11.21%	3
2014 Q4	$152M	Hold	2,770,000	–	–	7.87%	5
2014 Q3	$144M	Hold	2,770,000	–	–	8.5%	5
2014 Q2	$146M	Hold	2,770,000	–	–	10.28%	3
2014 Q1	$138M	Hold	2,770,000	–	–	10.9%	5
2013 Q4	$126M	Buy	+2,770,000	New	+$120M	9.9%	5

Other funds holding WFC

Berkshire Hathaway Omaha, Nebraska $263B AUM 16.68% 1-Year Est. Return

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

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

Capital World Investors Los Angeles, California $733B AUM 35.63% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

Capital Research Global Investors Los Angeles, California $645B AUM 30.41% 1-Year Est. Return

Dodge & Cox San Francisco, California $182B AUM 14.68% 1-Year Est. Return

T. Rowe Price Associates Baltimore, Maryland $865B AUM 30.76% 1-Year Est. Return

Franklin Resources San Mateo, California $408B AUM 30.18% 1-Year Est. Return

Abrams Capital Management's WFC Position: Q1 2018 in Review

Abrams Capital Management sold out of Wells Fargo (WFC) in Q1 2018, closing a stake of 2,863,662 shares — an estimated $174M sold.

Abrams Capital Management first reported a position in WFC in Q4 2013 and held it in 17 quarters. The position peaked at $186M in Q1 2017. 2,009 funds tracked by Wall St. Rank hold WFC as of Q1 2018.

Abrams Capital Management reported no remaining Wells Fargo position as of Q1 2018 after selling out during the quarter.
Abrams Capital Management sold 2,863,662 Wells Fargo shares in Q1 2018, an estimated $174M.
Abrams Capital Management first reported a position in Wells Fargo in Q4 2013 and held it in 17 quarters.
Abrams Capital Management's Wells Fargo position peaked at $186M in Q1 2017.
2,009 funds tracked by Wall St. Rank held Wells Fargo as of Q1 2018.

Based on Abrams Capital Management's 13F filing for Q1 2018, filed 11 May 2018.