ABRAMS CAPITAL MANAGEMENT, L.P. 13F: Quarter-over-Quarter Portfolio Changes
ABRAMS CAPITAL MANAGEMENT, L.P. reported a disclosed portfolio value of approximately $4.6 billion in its latest SEC Form 13F-HR filing for Q1 2026, down 18.3% quarter on quarter. Over the quarter, the fund trimmed 3 holdings and exited 1 position.
ABRAMS CAPITAL MANAGEMENT, L.P.'s top sell was Energy Transfer L P (ET) . The fund exited the position completely after it had accounted for 1.8% of the previous portfolio.
Top SellsQ1 2026
The fund's top sells among positions it retained in Q1 2026. Ranked by portfolio-weight impact. Full exits are listed separately.
| Company | Ticker | Portfolio Weight Change | Shares Sold | History |
|---|---|---|---|---|
| NUVATION BIO INC | NUVB | -0.5% | 66.7% | History → |
| ALPHABET CL A | GOOGL | 1.0% | 2.7% | History → |
| SOMNIGROUP INTERNATIONAL INC | SGI | 0.1% | 0.1% | History → |
Full ExitsQ1 2026
Positions present in the prior 13F-HR filing that no longer appear in Q1 2026.
| Company | Ticker | Last-Reported Portfolio Weight |
|---|---|---|
| ENERGY TRANSFER L P | ET | 1.8% |
Net Portfolio Value ChangeQ1 2026
- $5.7BPrior quarter
- $4.6BCurrent quarter
- $-1.0BNet delta
- -18.3%% change
Methodology & FAQ
How ABRAMS CAPITAL MANAGEMENT, L.P. Quarterly Changes Are Computed
All deltas are sourced from sequential SEC Form 13F-HR filings for ABRAMS CAPITAL MANAGEMENT, L.P.: each row joins the most recent filing against the immediately preceding quarterly filing for the same fund. Share-count changes reflect reported trading activity, while portfolio weights can also move because of market price changes. Portfolio weights are normalized to exclude listed options for comparability. A complete description — including how confidential treatment filings are handled — is documented in the Methodology.
What stocks did ABRAMS CAPITAL MANAGEMENT, L.P. buy in Q1 2026?
ABRAMS CAPITAL MANAGEMENT, L.P. reported no new positions or share-count increases in its Q1 2026 13F filing.
What stocks did ABRAMS CAPITAL MANAGEMENT, L.P. sell in Q1 2026?
In Q1 2026, ABRAMS CAPITAL MANAGEMENT, L.P. fully sold 1 position (ENERGY TRANSFER L P (ET)); reduced holdings in NUVATION BIO INC (NUVB), ALPHABET CL A (GOOGL), SOMNIGROUP INTERNATIONAL INC (SGI).
Which positions did ABRAMS CAPITAL MANAGEMENT, L.P. initiate in Q1 2026?
ABRAMS CAPITAL MANAGEMENT, L.P. established no new positions in Q1 2026.
Which existing positions saw the largest allocation increases for ABRAMS CAPITAL MANAGEMENT, L.P. in Q1 2026?
ABRAMS CAPITAL MANAGEMENT, L.P. reported no material allocation increases in existing positions in Q1 2026.
Which positions did ABRAMS CAPITAL MANAGEMENT, L.P. fully exit in Q1 2026?
ABRAMS CAPITAL MANAGEMENT, L.P. fully exited 1 position in Q1 2026: ENERGY TRANSFER L P (ET, last-reported weight 1.8%).
Which existing positions saw the largest allocation reductions for ABRAMS CAPITAL MANAGEMENT, L.P. in Q1 2026?
Of 3 existing positions with share-count reductions in Q1 2026, the largest were: NUVATION BIO INC (NUVB, -0.5% weight, -66.7% shares), ALPHABET CL A (GOOGL, 1.0% weight, -2.7% shares), SOMNIGROUP INTERNATIONAL INC (SGI, 0.1% weight, -0.1% shares).
Do quarter-over-quarter 13F allocation changes constitute explicit trading signals?
No. Quarter-over-quarter changes reflect a combination of active trading and market price movement. A weight increase can result from price appreciation alone, without the manager adding shares. Share-count delta is the cleaner indicator of explicit trading activity. All deltas on this page are sourced from sequential SEC Form 13F-HR filings.