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Abrams Capital

Q4 2023 13F · by David Abrams, founder

As of
Dec 31, 2023
Filed
Feb 9, 2024
US stock
$3.2B · prev $3.0B
Positions
15 · prev 15
Options notional
$0
Documents
1· no amendments

Picture100.0% US stock

Full picture · of what this 13F reports is US stock

  • US stock listed on a US exchange 100.0%
  • Foreign stock not listed in the US 0.0%
  • Notes debt, at principal 0.0%
  • Puts at notional value 0.0%
  • Calls at notional value 0.0%

Moves3 since the prior filing

The book

Very concentrated · behaves like 8 equal-sized positions

  1. Very concentrated
  2. Concentrated
  3. Focused
  4. Diversified

Low turnover · 0.0% a year

  1. Low
  2. Moderate
  3. High

Top 5 positions65% of US stock

  1. LAD Lithia Motors, Inc. held held24.5%
  2. ABG Asbury Automotive Group, Inc. held held14.7%
  3. GOOGL Alphabet Inc. Class A held held10.1%
  4. UHAL.B U-Haul Holding Company held held8.0%
  5. META Meta Platforms, Inc. Class A trimmed−1.38 pp trimmed−1.387.8%

Positions15 in this filing · 0 exited

LADLithia Motors, Inc.24.47%2,391,188$787Mheld—23 q
ABGAsbury Automotive Group, Inc.14.74%2,108,540$474Mheld—26 q
GOOGLAlphabet Inc. Class A10.08%2,322,340$324Mheld—23 q
UHAL.BU-Haul Holding Company8.02%3,663,243$258Mheld—5 q
METAMeta Platforms, Inc. Class A7.83%711,550$252Mtrimmed−23%−1.38 pp21 q
ETEnergy Transfer LP7.65%17,834,322$246Mheld—16 q
CPNGCoupang, Inc.6.55%13,017,964$211Mheld—10 q
WTWWillis Towers Watson Public Limited Company6.05%806,836$195Mheld—29 q
SGISomnigroup International Inc.5.70%3,600,000$183Mheld—10 q
CWHCamping World Holdings, Inc.4.17%5,108,808$134Mheld—22 q
TEVATeva Pharmaceutical Industries Limited1.95%5,996,836$63Mtrimmed−25%−0.73 pp26 q
UTE0USA Technologies, Inc.1.65%7,180,000$53Mheld—12 q
UHALU-Haul Holding Company0.91%407,027$29Mheld—29 q
NUVBNuvation Bio Inc.0.18%3,811,513$6Mheld—12 q
USCBUSCB Financial Holdings, Inc. Class A0.06%149,786$2Mtrimmed−77%−0.17 pp9 q

Source

Form
13F-HR
Reading
0 defects · 0 unresolved
Options
none in this filing
Notes
none in this filing
SEC cross-check
SEC data set not published yet