13F filing recap · Q1 2025

What did Abrams Capital Management buy in Q1 2025?

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

Stock value

$5.64B

Positions

Estimated turnover

7.8%

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.

Quarter in review

Abrams Capital Management added to its Lithia Motors position and substantially increased its Tempur Sealy stake. The firm trimmed Meta Platforms and substantially reduced its Energy Transfer holding.

Increased positions

LADLithia Motors, Inc.$717.61Mreported value+53.5K shares+2.2%SGITempur Sealy International Inc$350.01Mreported value+2.25M shares+62.4%

Reduced positions

METAMeta Platforms, Inc.$227.52Mreported value-163.0K shares-29.2%ETEnergy Transfer LP$115.37Mreported value-11.63M shares-65.2%