Equal-WT
WhaleScore 2.0
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Abrams Bison Investments is based out of Bethesda. Abrams Bison Investments is a hedge fund with 3 clients and discretionary assets under management (AUM) of $2,503,658,000 (Form ADV from 2024-03-28). Their last reported 13F filing for Q2 2024 included $1,019,236,291 in managed 13F securities
and a top 10 holdings concentration of 100.0%. Abrams Bison Investments's largest holding is Synnex Corp with shares held of 2,248,000. Whalewisdom has at least 83 13F filings, and 13 13G filings
Business Description
Abrams Bison Investments, LLC provides investment advisory services. They offer a range of services, including investment strategies, risk management, and client referrals. They also engage in brokerage practices, including soft-dollar arrangements where they receive research or other products or services from broker-dealers in exchange for directing client trades to those brokers.
These soft-dollar arrangements can create conflicts of interest, as Abrams Bison may prioritize receiving research or services over obtaining the lowest commission rates for their clients. They have procedures in place to address these conflicts of interest, as outlined in Item 12 – Brokerage Practices.
Investment Strategy
Abrams Bison Investments, LLC primarily focuses on long-term equity and risk arbitrage investment. They specialize in seeking out concentrated investments in publicly traded companies where the Portfolio Manager believes the market price of a business is significantly below its present value. This strategy involves identifying undervalued companies and investing in them with the expectation that the market will eventually recognize their true value, leading to an increase in share price.
Abrams Bison's investment strategy does not restrict them to any specific industry, sector, market capitalization, or geographic area. This allows them to pursue opportunities across a wide range of companies and markets. Their investment decisions are based on thorough research and valuations, aiming to identify companies with strong fundamentals and potential for growth.
Owners
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Known Email Addresses
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Other Contact Information
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2024-06-30
Top Buys (13F)
| Name | % Change |
|---|---|
| UNH UnitedHealth Group I | 9.29% |
| SN SharkNinja Inc. | 3.7% |
2024-06-30
Top Sells (13F)
| Name | % Change |
|---|---|
| PXD Pioneer Natural Reso | 6.56% |
| AMAT Applied Materials In | 4.25% |
| JPM JPMorgan Chase & Co. | 3.55% |
| IBKR Interactive Brokers | 3.2% |
| PFSI PennyMac Financial S | 0.11% |
2024-06-30
13F Holdings Summary
| Name | $ Change |
|---|---|
| SNX Synnex Corp | 25.45% |
| HCA HCA Healthcare Inc | 14.5% |
| AMAT Applied Materials In | 12.5% |
| SN SharkNinja Inc. | 10.88% |
| UNH UnitedHealth Group I | 9.29% |
2024-06-30
13F Activity
| Market Value | $1.02b, Prior: $1.12b |
| Inflows (Outflows) as % of Total MV | (-13.794)% |
| New Purchases | 1 stocks |
| Added To | 1 stocks |
| Sold out of | 2 stocks |
| Reduced holdings in | 3 stocks |
| Top 10 Holdings % | 100% |
| Turnover %[1] | 25% |
| Turnover Alt %[2] | 10.66% |
| Time Held Top 20 | 8.4 quarters |
| Time Held Top 10 | 7.4 quarters |
| Time Held All | 8.4 quarters |
[1]: Turnover is calculated by taking the # of new holdings (initial purchases) + the # of positions sold out of (not just reduced) divided by the total # of holdings for the quarter.
[2]: Alt Turnover is calculated by taking either the total MV of new purchases or the MV of securities sold, whichever is less, divided by the total MV of the fund.
2024-06-30
13F Sector Allocation Over Time
limited to past 4 quarters. Subscribe to see all available data
2024-06-30
Analysis
Top 20 equal-weighted holdings. Performance numbers calculated through 2024-06-30