13F filing recap · Q1 2019

What did Abrams Capital Management buy in Q1 2019?

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

Stock value

$3.56B

Positions

Estimated turnover

47.2%

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

CELGCelgene Corporation$637.07Mreported value+6.75M shares PCGPG&E Corp$445.00Mreported value+25.00M shares SCUOch-Ziff Capital Management Group LLC (sculptor Capital Management)$36.49Mreported value+2.22M shares

Increased positions

METAMeta Platforms, Inc.$170.81Mreported value+25.1K shares+2.5%CWHCamping World Holdings, Inc.$54.88Mreported value+86.6K shares+2.2%

Reduced positions

BENFranklin Resources, Inc.$323.86Mreported value-265.2K shares-2.6%ORLYO Reilly Automotive Inc$290.50Mreported value-111.9K shares-13.0%TEVATeva Pharmaceutical Industries Limited$282.97Mreported value-476.0K shares-2.6%UHALU-Haul Holding Company$208.51Mreported value-14.8K shares

Exited positions

WUThe Western Union Company$178.02Mprior reported value-10.43M shares-100.0%OZMOch-Ziff Capital Management Group LLC (sculptor Capital Management)$20.46Mprior reported value-22.24M shares-100.0%ENTGlobal Eagle Entertainment Inc.$13.53Mprior reported value-6.07M shares-100.0%