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
| Rank | Stock | Value |
|---|---|---|
| 1 |
Loar Holdings
LOAR
|
+$2.08B |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
U-Haul Holding Co
UHAL
|
+$13.1M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Industrials | 44.38% |
| 2 | Consumer Discretionary | 31.64% |
| 3 | Communication Services | 13.48% |
| 4 | Energy | 5.66% |
| 5 | Financials | 3.69% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Loar Holdings
LOAR
$7.03B
| $2.05B | 40.13% |
+38,434,378
| New | +$2.08B |
|
2
Lithia Motors
LAD
$8.15B
| $604M | 11.8% |
2,391,188
| – | – |
|
3
Asbury Automotive
ABG
$3.86B
| $480M | 9.39% |
2,108,540
| – | – |
|
4
Alphabet (Google) Class A
GOOGL
$4.22T
| $377M | 7.36% |
2,067,195
| – | – |
|
5
Meta Platforms (Facebook)
META
$1.4T
| $313M | 6.12% |
620,547
| – | – |
|
6
Energy Transfer Partners
ET
$73B
| $289M | 5.66% |
17,834,322
| – | – |
|
7
Coupang
CPNG
$29.6B
| $273M | 5.33% |
13,017,964
| – | – |
|
|
8
U-Haul Holding Co Series N
UHAL.B
$12.3B
| $213M | 4.16% |
3,545,220
| – | – |
|
9
Willis Towers Watson
WTW
$31.8B
| $189M | 3.69% |
720,779
| – | – |
|
|
SGI
10
Somnigroup International
SGI
$13.6B
| $170M | 3.33% |
3,600,000
| – | – |
|
11
Camping World
CWH
$676M
| $91.2M | 1.78% |
5,108,808
| – | – |
|
|
CTLP
12
DELISTED
Cantaloupe
CTLP
| $47.4M | 0.93% |
7,180,000
| – | – |
|
13
Nuvation Bio
NUVB
$2.43B
| $11.1M | 0.22% |
3,811,513
| – | – |
|
|
14
U-Haul Holding Co
UHAL
$13.9B
| $4.63M | 0.09% |
75,005
-202,006
| -73% | -$13.1M |
|
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David Abrams's Q2 2024 Portfolio in Review
As of Q2 2024, David Abrams held 14 positions worth $5.11B, up 60% from $3.2B the previous quarter. Its ten largest holdings account for 97% of the portfolio.
David Abrams deployed $2.07B of net new capital in Q2 2024, opening 1 new position. Its largest new stake was Loar Holdings: 38,434,378 shares worth $2.05B.
By sector, the portfolio is most concentrated in Industrials at 44% of assets, up from 8% a quarter earlier, followed by Consumer Discretionary and Communication Services.
On the sell side, the largest reduction was U-Haul Holding Co, an estimated $13.1M trimmed.
- David Abrams's largest Q2 2024 buy was Loar Holdings: 38,434,378 shares worth $2.05B.
- David Abrams's biggest Q2 2024 reduction was U-Haul Holding Co, cutting an estimated $13.1M.
- David Abrams's ten largest holdings make up 97% of its $5.11B portfolio in Q2 2024.
- David Abrams opened 1 new position and closed 0 in Q2 2024.
- David Abrams's portfolio value rose 60% quarter-over-quarter to $5.11B.
Based on Abrams Capital Management's 13F filing for Q2 2024, filed 9 Aug 2024.