13F filing recap · Q4 2019

What did Abrams Capital Management buy in Q4 2019?

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

Stock value

$3.22B

Positions

Estimated turnover

38.9%

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

AGNAllergan Plc$236.67Mreported value+1.24M shares BMY.RTBristol-Myers Squibb Company$69.84Mreported value+23.20M shares OIO-I Glass, Inc.$58.15Mreported value+4.87M shares

Increased positions

CWHCamping World Holdings, Inc.$90.04Mreported value+650.2K shares+11.9%

Reduced positions

LADLithia Motors, Inc.$327.23Mreported value-73.9K shares-3.2%BENFranklin Resources, Inc.$252.47Mreported value-54.6K shares-0.6%ORLYO Reilly Automotive Inc$227.67Mreported value-14.4K shares-2.7%WTWWillis Towers Watson Plc$220.92Mreported value-15.8K shares

Exited positions

CELGCelgene Corporation$670.56Mprior reported value-6.75M shares-100.0%AABAAltaba Inc$246.42Mprior reported value-12.65M shares-100.0%