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Overview/ Abrams Capital Management, L.P./ Q3 2014

Abrams Capital Management, L.P.

David Abrams · As of Q3 2014 · filed Nov 13, 2014

Q3 2014

Holdings

13 positions · Δ vs prior quarter
WU WESTERN UNION CO
$346.6M
20.5%
21,608,707 +181,230 +0.8% Added
AIG AMERICAN INTERNATIONAL GROUP
$259.4M
15.3%
4,801,276 +56,236 +1.2% Added
MSFT MICROSOFT CORP
$230.9M
13.7%
4,980,000 +1,560,000 +45.6% Added
COVIDIEN PLC
$226.7M
13.4%
2,620,000 +2,620,000 New
WFC WELLS FARGO & CO
$143.7M
8.5%
2,770,000 Held
CST BRANDS INC
$134.5M
8.0%
3,740,304 +740,304 +24.7% Added
RYAM RAYONIER ADVANCED MATERIALS
$82.3M
4.9%
2,500,000 +2,500,000 New
BARNES & NOBLE INC
$81.2M
4.8%
4,114,389 Held
OPBUSD OPUS BANK
$69.0M
4.1%
2,270,265 Held
GLOBAL EAGLE ENTMT INC
$56.1M
3.3%
5,000,000 +657,464 +15.1% Added
INXNEUR INTERXION HOLDING NV
$22.7M
1.3%
820,269 +820,269 New
CLEAR CHANNEL OUTDOOR HLDGS
$22.6M
1.3%
3,354,390 Held
JCPEUR J.C. PENNEY CO INC
$15.1M
0.9%
1,500,000 Held

Sold positions

5 closed in Q3 2014 · shares & value as of prior filing
Holding Shares sold Prior value
NAVI NAVIENT CORP
5,170,518 $91.6M
RYN RAYONIER INC
920,710 $32.7M
GENTIVA HEALTH SERVICES INC
975,170 $14.7M
RBS 6.125 PERP R ROYAL BK SCOTLND GRP PLC
115,305 $2.7M
RBS 6.25 PERP P ROYAL BK SCOTLND GRP PLC
57,380 $1.4M

Holdings reflect long positions disclosed in 13F filings only and exclude short positions, cash, and other non-13F assets. Holdings data sourced from SEC EDGAR. Not investment advice. Full disclaimer.