David Abrams - Abrams Capital Management
Abrams Capital Management
Latest 13F filing
Q4 2025
filed Feb 13, 2026
Portfolio value
$5.67B
Positions
12
Top 10 concentration
99.4%
QoQ change
-8.0%
$-496.16M
Activity vs. Q3 2025
0
New positions
0
Added to
8
Unchanged
4
Reduced
5
Exited
Portfolio composition — Q4 2025
- LOARLOAR HOLDINGS INC38.4%
- LADLITHIA MTRS INC14.6%
- GOOGLALPHABET INC10.6%
- SGISOMNIGROUP INTERNATIONAL INC9.1%
- ABGASBURY AUTOMOTIVE GROUP INC8.8%
- CPNGCOUPANG INC5.4%
- WTWWILLIS TOWERS WATSON PLC LTD4.2%
- METAMETA PLATFORMS INC3.8%
- UHAL/BU HAUL HOLDING COMPANY2.7%
- ETENERGY TRANSFER L P1.8%
- Other2 more positions0.6%
Top buys
New & added positions, by size
No new or added positions this quarter.
Holdings as of Q4 2025
| # | Ticker | Issuer | Shares | Value | % Portfolio | Reported price | Action | Δ Shares |
|---|---|---|---|---|---|---|---|---|
| 1 | LOAR | LOAR HOLDINGS INC | 32,050,240 | $2.18B | 38.41% | $68.00 | — | 0% |
| 2 | LAD | LITHIA MTRS INC | 2,490,534 | $827.68M | 14.59% | $332.33 | — | 0% |
| 3 | GOOGL | ALPHABET INC | 1,916,630 | $599.91M | 10.57% | $313.00 | REDUCE | -9.8% |
| 4 | SGI | SOMNIGROUP INTERNATIONAL INC | 5,804,136 | $518.19M | 9.13% | $89.28 | REDUCE | -0.7% |
| 5 | ABG | ASBURY AUTOMOTIVE GROUP INC | 2,155,492 | $501.22M | 8.83% | $232.53 | — | 0% |
| 6 | CPNG | COUPANG INC | 13,017,964 | $307.09M | 5.41% | $23.59 | — | 0% |
| 7 | WTW | WILLIS TOWERS WATSON PLC LTD | 720,779 | $236.85M | 4.17% | $328.60 | — | 0% |
| 8 | META | META PLATFORMS INC | 325,155 | $214.63M | 3.78% | $660.09 | REDUCE | -17.6% |
| 9 | UHAL/B | U HAUL HOLDING COMPANY | 3,251,469 | $151.97M | 2.68% | $46.74 | — | 0% |
| 10 | ET | ENERGY TRANSFER L P | 6,115,417 | $100.84M | 1.78% | $16.49 | REDUCE | -1.5% |
| 11 | NUVB | NUVATION BIO INC | 3,811,513 | $34.15M | 0.60% | $8.96 | — | 0% |
| 12 | UHAL | U HAUL HOLDING COMPANY | 36,401 | $1.83M | 0.03% | $50.41 | — | 0% |
Positions exited in Q4 2025
Source: SEC EDGAR 13F-HR filing Feb 13, 2026. Reported prices are derived from the filing's value-to-shares ratio (effectively the quarter-end mark). Filings are published with a 45-day delay. CIK 0001358706.