13F filing recap · Q2 2008

What did Abrams Capital Management buy in Q2 2008?

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

Stock value

$1.94B

Positions

Estimated turnover

27.7%

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

PMPhilip Morris International Inc.$143.81Mreported value+2.91M shares URIUnited Rentals, Inc.$29.41Mreported value+1.50M shares ABGAsbury Automotive Group, Inc.$19.27Mreported value+1.50M shares

Increased positions

QRTEALiberty Ventures Series A$204.29Mreported value+6.12M shares+79.3%AYEAllegheny Energy Inc$190.26Mreported value+270.0K shares+7.7%MWAMueller Water Products, Inc.$49.04Mreported value+259.8K shares+4.7%GETIGentek Inc$37.29Mreported value+120.2K shares

Reduced positions

ARBArbitron Inc$168.42Mreported value-289.3K shares-7.5%NVRNvr, Inc.$65.26Mreported value-93.6K shares-41.8%CCOClear Channel Communications, Inc.$62.58Mreported value-3.96M shares-69.0%GHSGatehouse Media Inc$6.62Mreported value-400.0K shares