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ABRAMS CAPITAL MANAGEMENT, L.P.

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BOSTON MA Investment Advisor Hedge Fund
13F Summary

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WhaleScore 2.0 ?

85

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Abrams Capital Management is based out of Boston. Abrams Capital Management is a hedge fund with 9 clients and discretionary assets under management (AUM) of $10,051,546,412 (Form ADV from 2025-01-13). Their last reported 13F filing for Q4 2024 included $6,216,647,321 in managed 13F securities and a top 10 holdings concentration of 98.7%. Abrams Capital Management's largest holding is Loar Holdings Inc with shares held of 37,427,917. Whalewisdom has at least 96 13F filings, 18 13D filings, 142 13G filings, and 23 Form 4 filings
Business Description
The advisory business provides investment advice directly to the Funds, subject to the discretion and control of the applicable general partner, rather than individually to the investors in the Funds. Services are provided in accordance with the investment management agreements with the Funds and organizational documents of the applicable Fund. Investment restrictions for the Funds, if any, are generally established in the organizational documents of the applicable Fund and/or the investment management agreements. The advisory business is described in Item 4 of the document, which is titled "Advisory Business." This section likely provides more detailed information about the nature of the advisory business, including its structure, services offered, and target clientele.
Investment Strategy
Abrams Capital invests in a variety of market sectors and industries, including securities, pooled investment vehicles, joint ventures, and domestic and foreign equity and debt securities. They aim to capitalize on market downturns by identifying undervalued assets in declining industries or asset categories, allowing them to invest at attractive prices. Abrams Capital emphasizes flexibility in portfolio allocation, shifting resources among different sectors, industries, and asset classes to capitalize on opportunities and respond to changing market conditions. They strive to commit each Fund's resources in a manner consistent with their investment philosophy and process, while acknowledging the inherent risks associated with their approach.
Owners
  • ABRAMS CAPITAL MANAGEMENT, LLC - GENERAL PARTNER
  • JOSEPHSON, MICHAEL, STEVEN - CHIEF OPERATING OFFICER
  • ABRAMS, DAVID, CHARLES - MANAGING PARTNER
  • LEIF, FREDERIC, IRA - CHIEF FINANCIAL OFFICER
  • LARGESS, KENNETH, CHARLES - CHIEF COMPLIANCE OFFICER AND DEPUTY GENERAL COUNSEL
  • BOMBERG, ALISON, TSCHOPP - GENERAL COUNSEL
  • RHODES, TRAVIS, MATTHEW - PRESIDENT
  • Click on the Ownership/Private Fund Data tab for more details.
Known Email Addresses
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Other Contact Information
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2024-12-31

Top Buys (13F)

Name % Change
GOOGL Alphabet Inc. Class 0.96%

2024-12-31

Top Sells (13F)

Name % Change
LOAR Loar Holdings Inc 1.54%
CWH Camping World Holdin 1.21%
UHALB U-Haul Holding Compa 0.59%
META Meta Platforms Inc 0.45%

2024-12-31

13F Holdings Summary

Name $ Change
LOAR Loar Holdings Inc 44.5%
LAD Lithia Motors Inc, C 13.75%
ABG Asbury Automotive Gr 8.24%
GOOGL Alphabet Inc. Class 6.47%
ET Energy Transfer LP 5.62%

2024-12-31

13F Activity

Market Value $6.22b, Prior: $6.23b
Inflows (Outflows) as % of Total MV (-2.9807)%
New Purchases 0 stocks
Added To 1 stocks
Sold out of 1 stocks
Reduced holdings in 3 stocks
Top 10 Holdings % 98.7%
Turnover %[1] 7.14%
Turnover Alt %[2] 0.17%
Time Held Top 20 19.5385 quarters
Time Held Top 10 13.5 quarters
Time Held All 19.54 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.

2024-12-31

13F Sector Allocation Over Time

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2024-12-31

Analysis

Top 20 equal-weighted holdings. Performance numbers calculated through 2024-12-31

Portfolio Performance