David Abrams Abrams Capital Management
David Abrams is the founder of Abrams Capital Management, a Boston-based firm with a flexible value-oriented mandate. A former Baupost Group investor, he is known for concentrated positions and a willingness to hold cash or unconventional securities when public equities are unattractive. Abrams Capital’s filings are followed for high-conviction ideas across equities and special situations.
Top Buys
Top Sells
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 39.31% |
| 2 | Communication Services | 13.8% |
| 3 | Industrials | 13.22% |
| 4 | Energy | 11.56% |
| 5 | Technology | 10.99% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1
Lithia Motors
LAD
$6.49B
| $646M | 17.37% |
2,351,068
| – | – |
2018 Q2
16 quarters
|
|
|
CHNG
2
DELISTED
Change Healthcare Inc. Common Stock
CHNG
| $392M | 10.52% |
16,978,220
| – | – |
2021 Q1
5 quarters
|
|
3
Asbury Automotive
ABG
$3.05B
| $359M | 9.64% |
2,118,216
| – | – |
2017 Q3
19 quarters
|
|
4
Alphabet (Google) Class A
GOOGL
$4.17T
| $319M | 8.58% |
2,928,800
| – | – |
2018 Q2
16 quarters
|
|
5
TransDigm Group
TDG
$63B
| $289M | 7.78% |
539,305
| – | – |
2020 Q1
9 quarters
|
|
6
Energy Transfer Partners
ET
$69.8B
| $221M | 5.93% |
22,124,322
| – | – |
2020 Q1
9 quarters
|
|
7
Willis Towers Watson
WTW
$29.3B
| $211M | 5.67% |
1,068,745
| – | – |
2016 Q4
22 quarters
|
|
8
Kinder Morgan
KMI
$76.2B
| $209M | 5.62% |
12,476,200
| – | – |
2018 Q1
17 quarters
|
|
9
U-Haul Holding Co
UHAL
$11.1B
| $202M | 5.44% |
4,229,170
| – | – |
2016 Q4
22 quarters
|
|
10
Meta Platforms (Facebook)
META
$1.81T
| $194M | 5.22% |
1,205,043
| – | – |
2018 Q4
14 quarters
|
|
11
Teva Pharmaceutical Industries Limited
TEVA
$48.4B
| $181M | 4.86% |
24,046,356
| – | – |
2017 Q3
19 quarters
|
|
12
Coupang
CPNG
$25.7B
| $173M | 4.66% |
13,603,071
| – | – |
2021 Q3
3 quarters
|
|
13
Camping World
CWH
$288M
| $110M | 2.96% |
5,108,808
| – | – |
2018 Q3
15 quarters
|
|
14
O-I Glass
OI
$896M
| $97.1M | 2.61% |
6,934,144
| – | – |
2019 Q4
10 quarters
|
|
15
Somnigroup International
SGI
$14.6B
| $76.9M | 2.07% |
3,600,000
| – | – |
2021 Q3
3 quarters
|
|
16
DELISTED
Cantaloupe
CTLP
| $17.3M | 0.47% |
3,090,000
| – | – |
2021 Q1
5 quarters
|
|
17
Nuvation Bio
NUVB
$1.56B
| $12.3M | 0.33% |
3,811,513
| – | – |
2021 Q1
5 quarters
|
|
18
USCB Financial Holdings
USCB
$413M
| $9.9M | 0.27% |
859,354
| – | – |
2021 Q3
3 quarters
|
|
Similar funds
David Abrams's Q2 2022 Portfolio in Review
As of Q2 2022, David Abrams held 18 positions worth $3.72B, down 13% from $4.28B the previous quarter. Its ten largest holdings account for 82% of the portfolio.
Trading was light in Q2 2022: portfolio turnover was 0%. David Abrams opened no new positions and made no exits, leaving the 18-position portfolio largely intact.
By sector, the portfolio is most concentrated in Consumer Discretionary at 39% of assets, up from 38% a quarter earlier, followed by Communication Services and Industrials.
- David Abrams's ten largest holdings make up 82% of its $3.72B portfolio in Q2 2022.
- David Abrams opened 0 new positions and closed 0 in Q2 2022.
- David Abrams's portfolio value fell 13% quarter-over-quarter to $3.72B.
Based on Abrams Capital Management's 13F filing for Q2 2022, filed 12 Aug 2022.