ABRAMS CAPITAL MANAGEMENT, L.P.

Superinvestor

Abrams Capital

SEC CIK
0001358706
Manager
David Abrams
Style
Value

Q4 2025 vs. Q3 2025

Positions are compared by share count, long positions only.

All holdings in Q4 2025All holdings in Q3 2025

ABRAMS CAPITAL MANAGEMENT, L.P.: Q3 2025 compared with Q4 2025
MeasureQ3 2025Q4 2025Change
Positions1312−1
Total value$6.17B$5.67B−$496.16M (−8.0%)

New positions (0)

Held at the end of Q4 2025 but not at the end of Q3 2025.

ABRAMS CAPITAL MANAGEMENT, L.P.: new positions in Q4 2025
SecurityClassShares, Q4 2025Value, Q4 2025% of portfolio, Q4 2025
None.

Added (0)

More shares at the end of Q4 2025 than at the end of Q3 2025.

ABRAMS CAPITAL MANAGEMENT, L.P.: positions added to in Q4 2025
SecurityClassShares, Q3 2025Shares, Q4 2025Change in sharesValue, Q4 2025% of portfolio, Q4 2025
None.

Reduced (4)

Fewer shares at the end of Q4 2025 than at the end of Q3 2025.

ABRAMS CAPITAL MANAGEMENT, L.P.: positions reduced in Q4 2025
SecurityClassShares, Q3 2025Shares, Q4 2025Change in sharesValue, Q4 2025% of portfolio, Q4 2025
GOOGLALPHABET INC CAP STK CL AStock2,124,1301,916,630−207,500−9.8%$599.91M10.57%
SGISOMNIGROUP INTERNATIONAL INCCOM5,845,2465,804,136−41,110−0.7%$518.19M9.13%
METAMETA PLATFORMS INC CL AStock394,755325,155−69,600−17.6%$214.63M3.78%
ETENERGY TRANSFER L PCOM UT LTD PTN6,205,7776,115,417−90,360−1.5%$100.84M1.78%

Sold out (1)

Held at the end of Q3 2025, gone by the end of Q4 2025.

ABRAMS CAPITAL MANAGEMENT, L.P.: positions sold out in Q4 2025
SecurityClassShares, Q3 2025Value, Q3 2025% of portfolio, Q3 2025
CRCLCIRCLE INTERNET GROUP INCCOM CL A275,000$36.46M0.59%