SEC 13F Intelligence

Managers / Q1 2020 · view latest →

ABRAMS CAPITAL MANAGEMENT, L.P.

CIK 0001358706 · 222 BERKELEY STREET, 21ST FLOOR, BOSTON, MA, 02116 · 617-646-6100

Reported Value
$2.5B
Q1 2020
Positions
22
Filings on Record
30
2019–present window
Filed
May 14, 2020
original filing

Summary

Abrams Capital Management, L.P. reported $2.5B in U.S.-listed holdings across 22 positions for Q1 2020.

Its largest position, PCG, represents 8.8% of the portfolio.

Compared with Q4 2019, the fund opened 2 new positions and exited 1.

Portfolio Metrics

Turnover
+9.3%
vs prior filed quarter
Top-10 Concentration
+74.7%
share of reported value
Largest Position
+8.8%
Pg E
New / Exited
2 / 1
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $2.4BQ4 ’18Q1 ’19: $3.6BQ2 ’19: $3.7BQ3 ’19: $3.6BQ4 ’19: $3.2BQ4 ’19Q1 ’20: $2.5BQ2 ’20: $3.1BQ3 ’20: $3.2BQ4 ’20: $3.5BQ4 ’20Q1 ’21: $4.4BQ2 ’21: $4.5BQ3 ’21: $4.6BQ4 ’21: $4.6BQ4 ’21Q1 ’22: $4.3BQ2 ’22: $3.7BQ3 ’22: $3.5BQ4 ’22: $2.8BQ4 ’22Q1 ’23: $3.2BQ2 ’23: $3.5BQ3 ’23: $3.0BQ4 ’23: $3.2BQ4 ’23Q1 ’24: $3.2BQ2 ’24: $5.1BQ3 ’24: $6.2BQ4 ’24: $6.2BQ4 ’24Q1 ’25: $5.6BQ2 ’25: $6.1BQ3 ’25: $6.2BQ4 ’25: $5.7BQ4 ’25Q1 ’26: $4.6Bfilingsflow.com

Portfolio Composition

By security type
Common Stock: 68.0%Other: 16.1%ADR: 8.5%MLP: 3.9%Right: 3.5%
  • Common Stock · 68.0% · $1.7B
  • Other · 16.1% · $408M
  • ADR · 8.5% · $216M
  • MLP · 3.9% · $100M
  • Right · 3.5% · $88M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2019 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
T7DTRANSDIGM GROUP INCNEW+539.3K539.3K+$173M$173M
ETENERGY TRANSFER LPNEW+13.53M13.53M+$62M$62M
ORLYO REILLY AUTOMOTIVE INC NEWSOLD OUT−519.5K0−$228M$0
OI*O-I GLASS INCADDED+2.06M6.93M−$9M$49M
GOOGLALPHABET INCADDED+25.4K146.4K+$8M$170M
METAFACEBOOK INCADDED+185.3K1.21M−$8M$201M
KMIKINDER MORGAN INC DELADDED+1.28M9.81M−$44M$137M
AWGASBURY AUTOMOTIVE GROUP INCADDED+215.7K2.12M−$96M$117M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q1 2020

22 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1PCGPG&E CORPhistory →COM8.85%$225M25.00M
2ALLERGAN PLCSHS8.63%$219M1.24M
3TEVATEVA PHARMACEUTICAL INDS LTDhistory →SPONSORED ADS8.50%$216M24.05M
4METAFACEBOOK INChistory →CL A7.91%$201M1.21M
5WILLIS TOWERS WATSON PLC LTDSHS7.31%$186M1.09M
6LADLITHIA MTRS INChistory →CL A7.17%$182M2.23M
7T7DTRANSDIGM GROUP INChistory →COM6.80%$173M539.3K
8GOOGLALPHABET INChistory →CAP STK CL A6.70%$170M146.4K
9UHALAMERCOhistory →COM6.42%$163M561.3K
10BENFRANKLIN RESOURCES INChistory →COM6.38%$162M9.72M
11KMIKINDER MORGAN INC DELhistory →COM5.37%$137M9.81M
12AWGASBURY AUTOMOTIVE GROUP INChistory →COM4.60%$117M2.12M
13BMY-RBRISTOL-MYERS SQUIBB COhistory →RIGHT 99/99/99993.47%$88M23.20M
14ETENERGY TRANSFER LPhistory →COM UT LTD PTN2.45%$62M13.53M
15OI*O-I GLASS INChistory →COM1.94%$49M6.93M
16AKBAAKEBIA THERAPEUTICS INChistory →COM1.69%$43M5.66M
17TMDXTRANSMEDICS GROUP INChistory →COM1.66%$42M3.50M
18SPHSUBURBAN PROPANE PARTNERS Lhistory →UNIT LTD PARTN1.48%$38M2.67M
19CWHCAMPING WORLD HLDGS INChistory →CL A1.37%$35M6.11M
2035OBSCULPTOR CAP MGMThistory →COM CL A1.10%$28M2.06M
21PACIFIC DRILLING SA LUXEMBOUCOM0.13%$3M7.41M
22CCOCLEAR CHANNEL OUTDOOR HLDGShistory →COM0.08%$2M3.35M

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$4.6B11May 14, 202613F-HRchanges · EDGAR ↗
Q4 2025$5.7B12Feb 13, 202613F-HRchanges · EDGAR ↗
Q3 2025$6.2B13Nov 7, 202513F-HRchanges · EDGAR ↗
Q2 2025$6.1B13Aug 8, 202513F-HRchanges · EDGAR ↗
Q1 2025$5.6B13May 9, 202513F-HRchanges · EDGAR ↗
Q4 2024$6.2B13Feb 7, 202513F-HRchanges · EDGAR ↗
Q3 2024$6.2B14Nov 8, 202413F-HRchanges · EDGAR ↗
Q2 2024$5.1B14Aug 9, 202413F-HRchanges · EDGAR ↗
Q1 2024$3.2B13May 14, 202413F-HRchanges · EDGAR ↗
Q4 2023$3.2B15Feb 9, 202413F-HRchanges · EDGAR ↗
Q3 2023$3.0B15Nov 13, 202313F-HRchanges · EDGAR ↗
Q2 2023$3.5B17Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$3.2B16May 12, 202313F-HRchanges · EDGAR ↗
Q4 2022$2.8B16Feb 10, 202313F-HRchanges · EDGAR ↗
Q3 2022$3.5B18Nov 10, 202213F-HRchanges · EDGAR ↗
Q2 2022$3.7B18Aug 12, 202213F-HRchanges · EDGAR ↗
Q1 2022$4.3B18May 13, 202213F-HRchanges · EDGAR ↗
Q4 2021$4.6B18Feb 11, 202213F-HRchanges · EDGAR ↗
Q3 2021$4.6B18Nov 12, 202113F-HRchanges · EDGAR ↗
Q2 2021$4.5B16Aug 13, 202113F-HRchanges · EDGAR ↗
Q1 2021$4.4B16May 14, 202113F-HRchanges · EDGAR ↗
Q4 2020$3.5B17Feb 12, 202113F-HRchanges · EDGAR ↗
Q3 2020$3.2B19Nov 13, 202013F-HRchanges · EDGAR ↗
Q2 2020$3.1B20Aug 13, 202013F-HRchanges · EDGAR ↗
Q1 2020$2.5B22May 14, 202013F-HRchanges · EDGAR ↗
Q4 2019$3.2B21Feb 14, 202013F-HRchanges · EDGAR ↗
Q3 2019$3.6B20Nov 14, 201913F-HRchanges · EDGAR ↗
Q2 2019$3.7B19Aug 9, 201913F-HRchanges · EDGAR ↗
Q1 2019$3.6B19May 10, 201913F-HRchanges · EDGAR ↗
Q4 2018$2.4B19Feb 14, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.