ABRAMS CAPITAL MANAGEMENT, L.P.: LITHIA MOTORS INC (LAD): Quarterly 13F Position History
As of Q1 2026, ABRAMS CAPITAL MANAGEMENT, L.P. reported 2,490,534 shares of LITHIA MOTORS INC (LAD), worth $621.9M and representing 13.4% of its 13F equity book. The position first appeared in Q2 2018 and has been disclosed across 32 13F-HR filings in Pactolio's tracked window.
- 2,490,534Shares Held (Latest Filing)
- $621.9MReported Market Value (Latest Filing)
- 13.4%Portfolio Weight (% of 13F Equity Book)
- 0Quarter-over-Quarter Share Change
- -$205.7MQuarter-over-Quarter Value Change
- 2,490,534Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 32 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q1 2026 | 2,490,534 | 0 | — | $621.9M | 13.4% | $249.7 |
| Q4 2025 | 2,490,534 | 0 | — | $827.7M | 14.6% | $332.3 |
| Q3 2025 | 2,490,534 | +45,856 | +1.9% | $787.0M | 12.8% | $316.0 |
| Q2 2025 | 2,444,678 | 0 | — | $825.9M | 13.5% | $337.8 |
| Q1 2025 | 2,444,678 | +53,490 | +2.2% | $717.6M | 12.7% | $293.5 |
| Q4 2024 | 2,391,188 | 0 | — | $854.7M | 13.7% | $357.4 |
| Q3 2024 | 2,391,188 | 0 | — | $759.5M | 12.2% | $317.6 |
| Q2 2024 | 2,391,188 | 0 | — | $603.7M | 11.8% | $252.4 |
| Q1 2024 | 2,391,188 | 0 | — | $719.4M | 22.5% | $300.9 |
| Q4 2023 | 2,391,188 | 0 | — | $787.4M | 24.5% | $329.3 |
| Q3 2023 | 2,391,188 | +40,120 | +1.7% | $706.2M | 23.3% | $295.3 |
| Q2 2023 | 2,351,068 | 0 | — | $715.0M | 20.6% | $304.1 |
| Q1 2023 | 2,351,068 | 0 | — | $538.2M | 17.0% | $228.9 |
| Q4 2022 | 2,351,068 | 0 | — | $481.4M | 17.2% | $204.7 |
| Q3 2022 | 2,351,068 | 0 | — | $504.4M | 14.5% | $214.6 |
| Q2 2022 | 2,351,068 | 0 | — | $646.1M | 17.4% | $274.8 |
| Q1 2022 | 2,351,068 | 0 | — | $705.6M | 16.5% | $300.1 |
| Q4 2021 | 2,351,068 | 0 | — | $698.1M | 15.3% | $297.0 |
| Q3 2021 | 2,351,068 | 0 | — | $745.4M | 16.3% | $317.0 |
| Q2 2021 | 2,351,068 | 0 | — | $807.9M | 18.0% | $343.6 |
| Q1 2021 | 2,351,068 | 0 | — | $917.1M | 20.6% | $390.1 |
| Q4 2020 | 2,351,068 | +125,000 | +5.6% | $688.1M | 19.4% | $292.7 |
| Q3 2020 | 2,226,068 | 0 | — | $507.4M | 16.0% | $227.9 |
| Q2 2020 | 2,226,068 | 0 | — | $336.9M | 10.9% | $151.3 |
| Q1 2020 | 2,226,068 | 0 | — | $182.1M | 7.2% | $81.8 |
| Q4 2019 | 2,226,068 | 73,932 | -3.2% | $327.2M | 10.2% | $147.0 |
| Q3 2019 | 2,300,000 | 0 | — | $304.5M | 8.5% | $132.4 |
| Q2 2019 | 2,300,000 | 0 | — | $273.2M | 7.4% | $118.8 |
| Q1 2019 | 2,300,000 | 0 | — | $213.3M | 6.0% | $92.8 |
| Q4 2018 | 2,300,000 | +300,000 | +15.0% | $175.6M | 7.3% | $76.3 |
| Q3 2018 | 2,000,000 | +959,673 | +92.2% | $163.3M | 4.3% | $81.7 |
| Q2 2018 | 1,040,327 | — | — | $98.4M | 2.7% | $94.6 |
Methodology & FAQ
How This Position History Is Sourced
Each row is one SEC Form 13F-HR filing disclosing this position. Share count, market value, and reported quarter are taken verbatim from the filing; portfolio weight is recomputed against the same filing's total reported equity book. Implied price-per-share is market value divided by shares — a quarter-end mark, not the manager's cost basis. See the full methodology document for the normalization rules.
When did ABRAMS CAPITAL MANAGEMENT, L.P. first disclose a LAD position in 13F-HR filings?
ABRAMS CAPITAL MANAGEMENT, L.P. first reported LITHIA MOTORS INC (LAD) on its 13F-HR filing for the period ending 2018-06-30 (Q2 2018). The position has appeared on 32 reported quarters within Pactolio's tracked window.
What was ABRAMS CAPITAL MANAGEMENT, L.P.'s most recent quarter-over-quarter share-count change in LAD?
ABRAMS CAPITAL MANAGEMENT, L.P. held the same 2,490,534 shares of LAD between Q4 2025 and Q1 2026 — the reported share count was unchanged quarter-over-quarter.
Does the implied price-per-share represent ABRAMS CAPITAL MANAGEMENT, L.P.'s cost basis in LAD?
No. The implied price-per-share column is the 13F-HR reported market value divided by reported share count on the filing date (end of quarter). It is a quarter-end mark, not a cost basis or transaction price. Use it as a sanity check on the value column, not as an indicator of the manager's entry or exit price.