David Abrams - Abrams Capital
David Abrams founded Abrams Capital in 1999 and is a low-profile but highly regarded value investor — sometimes called a "one-man Berkshire" for his patient, concentrated, opportunistic bets.
David Abrams - Abrams Capital manages a $4B U.S. equity portfolio of 11 positions, based on the latest SEC Form 13F-HR filing (Q1 2026). Below you'll find every holding, the biggest quarter-over-quarter buys and sells, position weights, and an estimated average buy price.
Portfolio Value
$4B
Positions
11
Top 10 Weight
99.96%
Largest Position
39.59%
As of
Q1 2026
Filed
May 14, 2026
Portfolio Composition
Strategy Snapshot
- › Portfolio value fell 18.3% quarter-over-quarter to $4B.
- › Highly concentrated portfolio — the top 10 holdings make up 100.0% of assets.
- › This quarter: 0 new buys, 0 adds, 3 trims, 1 full exits — net seller
- › Biggest exit: ENERGY TRANSFER L P (ET) ($100M position closed)
Changes since Q4 2025
New Buys
None
Added To / Trimmed
Exited
Current Holdings
| # | Security | Value | % of Portfolio | Avg Buy Price | Price | Gain | vs 52W High | This Qtr | Last Activity | First Buy |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | LOAR HOLDINGS INC LOAR | $1B | 39.59% | ~$53.41 | $67.93 | +27.2% | −23.5% | UNCH | Sold Q2 2025 | Q2 2024 |
| 2 | LITHIA MTRS INC LAD | $621M | 13.41% | ~$254.50 | $293.02 | +15.1% | −18.7% | UNCH | Bought Q3 2025 | Q2 2024 |
| 3 | ALPHABET INC GOOGL | $536M | 11.57% | ~$182.34 | $363.79 | +99.5% | −11.0% | −2.7% | Sold Q1 2026 | Q2 2024 |
| 4 | SOMNIGROUP INTERNATIONAL INC SGI | $428M | 9.24% | ~$52.16 | $74.07 | +42.0% | −24.8% | −0.1% | Sold Q1 2026 | Q2 2024 |
| 5 | ASBURY AUTO GROUP ABG | $421M | 9.08% | ~$228.23 | $190.13 | −16.7% | −30.7% | UNCH | Bought Q3 2025 | Q2 2024 |
| 6 | Coupang Inc CPNG | $245M | 5.30% | ~$20.95 | $18.83 | −10.1% | −44.7% | UNCH | Bought Q2 2024 | Q2 2024 |
| 7 | WILLIS TOWERS WATSON PLC LTD WTW | $209M | 4.52% | ~$262.14 | $260.03 | −0.8% | −26.3% | UNCH | Bought Q2 2024 | Q2 2024 |
| 8 | META PLATFORMS INC META | $186M | 4.01% | ~$504.22 | $567.58 | +12.6% | −28.7% | UNCH | Sold Q4 2025 | Q2 2024 |
| 9 | U-HAUL HOLDING CO - NON VOTING UHAL-B | $145M | 3.13% | ~$60.02 | $54.05 | −9.9% | −5.8% | UNCH | Sold Q4 2024 | Q2 2024 |
| 10 | NUVATION BIO INC NUVB | $5M | 0.12% | ~$2.92 | $5.33 | +82.5% | −45.3% | −66.7% | Sold Q1 2026 | Q2 2024 |
| 11 | U HAUL HOLDING COMPANY UHAL | $1M | 0.04% | ~$61.73 | $61.27 | −0.7% | −4.8% | UNCH | Sold Q3 2024 | Q2 2024 |
Filing History
| Period | Portfolio Value | QoQ Change | Positions | Filed |
|---|---|---|---|---|
| Q1 2026 | $4B | −18.3% | 11 | May 14, 2026 |
| Q4 2025 | $5B | −8.0% | 12 | Feb 13, 2026 |
| Q3 2025 | $6B | +0.9% | 13 | Nov 7, 2025 |
| Q2 2025 | $6B | +8.5% | 13 | Aug 8, 2025 |
| Q1 2025 | $5B | −9.3% | 13 | May 9, 2025 |
| Q4 2024 | $6B | −0.2% | 13 | Feb 7, 2025 |
| Q3 2024 | $6B | +21.7% | 14 | Nov 8, 2024 |
| Q2 2024 | $5B | — | 14 | Aug 9, 2024 |
Frequently Asked Questions
What stocks does David Abrams - Abrams Capital own?
As of Q1 2026, David Abrams - Abrams Capital held 11 U.S.-listed positions worth $4B. The largest is LOAR HOLDINGS INC (LOAR) (39.59% of the portfolio). The full holdings list is in the table above.
What is David Abrams - Abrams Capital's largest holding?
LOAR HOLDINGS INC (LOAR) — about 39.59% of the equity portfolio as of Q1 2026.
Do these holdings reflect David Abrams - Abrams Capital's current portfolio?
They reflect the latest 13F filing (Q1 2026), which can lag actual trades by up to 45 days and excludes short positions, cash, and non-U.S. holdings.