13F filing recap · Q2 2006

What did Abrams Capital Management buy in Q2 2006?

Reported stock-position changes between this filing and the previous one.

Stock value

$1.54B

Positions

Estimated turnover

32.4%

Turnover is a proxy: verified trade-origin share changes valued at period-end and divided by average reported stock value. SEC holdings reports do not disclose execution dates or prices. Corporate actions and unreconciled activity are excluded.

New positions

SGITempur Sealy International Inc$46.11Mreported value+3.41M shares QRTEALiberty Ventures Series A$45.01Mreported value+2.61M shares MAMastercard Inc$25.68Mreported value+535.0K shares SSprint Nextel Corporation$19.99Mreported value+1.00M shares PORPortland General Electric Company$6.58Mreported value+263.6K shares

Increased positions

NVRNvr, Inc.$209.03Mreported value+271.2K shares+175.8%ECHOEchostar Corporation$164.89Mreported value+51.4K shares+1.0%MOAltria Group, Inc.$136.45Mreported value+8.2K shares+0.4%AYEAllegheny Energy Inc$97.65Mreported value+360.0K shares

Reduced positions

GDWGolden West Financial Corp$56.19Mreported value-532.0K shares-41.3%TALTal International Group, Inc.$41.12Mreported value-55.0K shares-3.1%

Exited positions

MSMorgan Stanley$34.19Mprior reported value-544.2K shares-100.0%BCOBrink’s Co$20.94Mprior reported value-412.6K shares-100.0%GPIGroup 1 Automotive, Inc$17.68Mprior reported value-371.8K shares-100.0%BKDBrookdale Senior Living Inc.$7.55Mprior reported value-200.0K shares