13F filing recap · Q4 2006

What did Abrams Capital Management buy in Q4 2006?

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

Stock value

$1.95B

Positions

Estimated turnover

10.6%

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

XTXICrosstex Energy Inc$25.00Mreported value+789.0K shares FURWinthrop Realty Trust$20.55Mreported value+3.00M shares GHSGatehouse Media Inc$1.39Mreported value+75.0K shares PORPortland General Electric Company$1.39Mreported value+51.0K shares

Increased positions

AYEAllegheny Energy Inc$181.35Mreported value+649.9K shares+19.7%SLMSlm Corp$111.30Mreported value+205.0K shares+9.9%MHKMohawk Industries, Inc.$97.11Mreported value+812.0K shares+167.4%ARBArbitron Inc$86.21Mreported value+154.1K shares

Exited positions

SONCSonic Corp.$12.13Mprior reported value-536.5K shares-100.0%GDWGolden West Financial Corp$3.79Mprior reported value-49.1K shares-100.0%