13F filing recap · Q2 2025

What did Abrams Capital Management buy in Q2 2025?

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

Stock value

$6.11B

Positions

Estimated turnover

9.7%

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.

Quarter in review

Abrams Capital Management opened a new position in Circle Internet Group, exited Cantaloupe entirely, and trimmed its stake in Loar Holdings.

New positions

CRCLCircle Internet Group, Inc.$49.85Mreported value+275.0K shares

Reduced positions

LOARLoar Holdings Inc.$2.76Breported value-5.38M shares-14.4%

Exited positions

CTLPCantaloupe Inc$56.51Mprior reported value-7.18M shares-100.0%