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 |
CRCL
Circle Internet Group
CRCL
|
+$44.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Loar Holdings
LOAR
|
+$465M |
| 2 |
CTLP
Cantaloupe
CTLP
|
+$56.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Industrials | 48.1% |
| 2 | Consumer Discretionary | 34.62% |
| 3 | Communication Services | 10.89% |
| 4 | Financials | 4.43% |
| 5 | Energy | 1.84% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Loar Holdings
LOAR
$7.03B
| $2.76B | 45.17% |
32,050,240
-5,377,677
| -14% | -$465M |
|
2
Lithia Motors
LAD
$8.15B
| $826M | 13.51% |
2,444,678
| – | – |
|
3
Asbury Automotive
ABG
$3.86B
| $503M | 8.23% |
2,108,540
| – | – |
|
|
SGI
4
Somnigroup International
SGI
$13.6B
| $398M | 6.51% |
5,845,246
| – | – |
|
5
Coupang
CPNG
$29.6B
| $390M | 6.38% |
13,017,964
| – | – |
|
6
Alphabet (Google) Class A
GOOGL
$4.22T
| $374M | 6.12% |
2,124,130
| – | – |
|
7
Meta Platforms (Facebook)
META
$1.4T
| $291M | 4.77% |
394,755
| – | – |
|
8
Willis Towers Watson
WTW
$31.8B
| $221M | 3.61% |
720,779
| – | – |
|
9
U-Haul Holding Co Series N
UHAL.B
$12.3B
| $177M | 2.89% |
3,251,469
| – | – |
|
10
Energy Transfer Partners
ET
$73B
| $113M | 1.84% |
6,205,777
| – | – |
|
|
CRCL
11
Circle Internet Group
CRCL
$22.3B
| $49.9M | 0.82% |
+275,000
| New | +$44.8M |
|
12
Nuvation Bio
NUVB
$2.43B
| $7.43M | 0.12% |
3,811,513
| – | – |
|
|
13
U-Haul Holding Co
UHAL
$13.9B
| $2.2M | 0.04% |
36,401
| – | – |
|
|
CTLP
14
DELISTED
Cantaloupe
CTLP
| – | – |
-7,180,000
| Closed | -$56.5M |
|
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David Abrams's Q2 2025 Portfolio in Review
As of Q2 2025, David Abrams held 14 positions worth $6.11B, up 8.5% from $5.64B the previous quarter. Its ten largest holdings account for 99% of the portfolio.
David Abrams withdrew a net $477M in Q2 2025, closing 1 position and reducing 1 holding. Its most notable exit was Cantaloupe, an estimated $56.5M position sold in full.
By sector, the portfolio is most concentrated in Industrials at 48% of assets, down from 50% a quarter earlier, followed by Consumer Discretionary and Communication Services.
Against the trend, David Abrams opened a new position in Circle Internet Group worth $49.9M.
- David Abrams's largest Q2 2025 buy was Circle Internet Group: 275,000 shares worth $49.9M.
- David Abrams's biggest Q2 2025 reduction was Loar Holdings, cutting an estimated $465M.
- David Abrams fully exited Cantaloupe in Q2 2025, selling an estimated $56.5M.
- David Abrams's ten largest holdings make up 99% of its $6.11B portfolio in Q2 2025.
- David Abrams opened 1 new position and closed 1 in Q2 2025.
- David Abrams's portfolio value rose 8.5% quarter-over-quarter to $6.11B.
Based on Abrams Capital Management's 13F filing for Q2 2025, filed 8 Aug 2025.