{"url":"https://nivawealth.com/firms/abrams-capital-management-155729","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/155729","regulatoryAum":13737086549,"crd":"155729","secFileNumber":"801-73167","legalName":"Abrams Capital Management, L.P.","displayName":"Abrams Capital Management","website":"https://www.abramscapital.com/","linkedinUrl":"https://www.linkedin.com/company/abramscapital","founded":null,"organization":"Delaware limited partnership","fiscalYearEnd":"December","headquarters":{"street":"222 Berkeley Street, 21st Floor","city":"Boston","state":"MA","stateName":"Massachusetts","country":"United States","postalCode":"02116"},"tradeNames":[],"registration":{"secApproved":"10 February 2012","noticeFilings":null,"latestNoticeFiling":null},"staff":{"employees":38,"advisory":6,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"discretionary":13737086549,"discretionaryAccounts":8,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":13,"nonAumClients":0},"clientTypes":[{"label":"Pooled investment vehicles","clients":8,"regulatoryAum":13737086549}],"fees":[],"feeNotes":[],"custodians":[],"custodyNote":"Abrams Capital Management has custody of client assets.","otherCustodians":[],"leadership":[{"name":"Travis Rhodes","title":"President","crd":"7088848"},{"name":"Frederic Leif","title":"Chief Financial Officer and Chief Operating Officer","crd":"4396583"},{"name":"Kenneth Largess","title":"Chief Compliance Officer and Deputy General Counsel","crd":"5215465"},{"name":"David Abrams","title":"Managing Partner","crd":"1331092"},{"name":"Alison Bomberg","title":"General Counsel","crd":"6530624"}],"ownership":[{"label":"David Abrams","detail":"Managing partner in the 75% or more ownership band and a control person, since December 2005. Also a managing member of Abrams Capital Management, LLC in the 75% or more band and a control person, since June 2001."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":1,"privateResidences":0},"listedOfficeAddresses":2,"officesByState":[{"state":"Massachusetts","offices":1,"addresses":[{"street":"222 Berkeley Street, 21st Floor","city":"Boston","headquarters":true}]},{"state":"New York","offices":1,"addresses":[{"street":"65 E 55th Street","city":"New York"}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"617-646-6100","stateRegisteredReps":0,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Performance-based fees"],"activities":["Portfolio management for pooled investment vehicles (other than investment companies)"],"financialPlanningClients":null,"assetMix":[],"privateFunds":8},"sources":{"adv1FilingDate":"25 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/155729/PDF/155729.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Abrams Capital Management have?","answer":"Abrams Capital Management has 8 clients and manages $13.7 billion for them, as of March 2026.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 25 March 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Abrams Capital Management offer?","answer":"Abrams Capital Management provides portfolio management for pooled vehicles.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How many financial advisors does Abrams Capital Management have?","answer":"Abrams Capital Management has 0 investment adviser representatives registered with state securities authorities, out of 38 employees, and 6 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.","source":"Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Abrams Capital Management?","answer":"Abrams Capital Management’s direct owner is David Abrams (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 25 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Abrams Capital Management get paid?","answer":"Abrams Capital Management is paid through a percentage of assets under management and performance-based fees. Its Form ADV lists no commissions among how it is paid.","source":"Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}}],"holdings":{"url":"https://nivawealth.com/firms/abrams-capital-management-155729/holdings","form":"13F-HR","periodOfReport":"2026-06-30","filedOn":"2026-08-13","filingIndexUrl":"https://www.sec.gov/Archives/edgar/data/1358706/000117266126003402/0001172661-26-003402-index.html","totalValue":5479746142,"positionCount":11,"top10Share":0.999565293548593,"top10":[{"issuer":"LOAR HOLDINGS INC","titleOfClass":"COM SHS","cusip":"53947R105","value":2583569846,"shares":32050240,"shareType":"SH","priorValue":1836158250,"priorShares":32050240},{"issuer":"LITHIA MTRS INC","titleOfClass":"COM","cusip":"536797103","value":723475222,"shares":2490534,"shareType":"SH","priorValue":621936150,"priorShares":2490534},{"issuer":"ALPHABET INC","titleOfClass":"CAP STK CL A","cusip":"02079K305","value":489773798,"shares":1370495,"shareType":"SH","priorValue":536520246,"priorShares":1865768},{"issuer":"SOMNIGROUP INTERNATIONAL INC","titleOfClass":"COM","cusip":"88023U101","value":454624038,"shares":5798776,"shareType":"SH","priorValue":428645522,"priorShares":5798776},{"issuer":"ASBURY AUTOMOTIVE GROUP INC","titleOfClass":"COM","cusip":"043436104","value":433426331,"shares":2155492,"shareType":"SH","priorValue":421204692,"priorShares":2155492},{"issuer":"COUPANG INC","titleOfClass":"CL A","cusip":"22266T109","value":226122035,"shares":13017964,"shareType":"SH","priorValue":245779160,"priorShares":13017964},{"issuer":"WILLIS TOWERS WATSON PLC LTD","titleOfClass":"SHS","cusip":"G96629103","value":188390007,"shares":720779,"shareType":"SH","priorValue":209530455,"priorShares":720779},{"issuer":"U HAUL HOLDING COMPANY","titleOfClass":"COM SER N","cusip":"023586506","value":187609761,"shares":3251469,"shareType":"SH","priorValue":145243120,"priorShares":3251469},{"issuer":"META PLATFORMS INC","titleOfClass":"CL A","cusip":"30303M102","value":183156560,"shares":325155,"shareType":"SH","priorValue":186030930,"priorShares":325155},{"issuer":"NUVATION BIO INC","titleOfClass":"COM CL A","cusip":"67080N101","value":7216463,"shares":1270504,"shareType":"SH","priorValue":5450462,"priorShares":1270504}],"positionsListed":11,"positions":[{"issuer":"LOAR HOLDINGS INC","titleOfClass":"COM SHS","cusip":"53947R105","value":2583569846,"shares":32050240,"shareType":"SH","priorValue":1836158250,"priorShares":32050240},{"issuer":"LITHIA MTRS INC","titleOfClass":"COM","cusip":"536797103","value":723475222,"shares":2490534,"shareType":"SH","priorValue":621936150,"priorShares":2490534},{"issuer":"ALPHABET INC","titleOfClass":"CAP STK CL A","cusip":"02079K305","value":489773798,"shares":1370495,"shareType":"SH","priorValue":536520246,"priorShares":1865768},{"issuer":"SOMNIGROUP INTERNATIONAL INC","titleOfClass":"COM","cusip":"88023U101","value":454624038,"shares":5798776,"shareType":"SH","priorValue":428645522,"priorShares":5798776},{"issuer":"ASBURY AUTOMOTIVE GROUP INC","titleOfClass":"COM","cusip":"043436104","value":433426331,"shares":2155492,"shareType":"SH","priorValue":421204692,"priorShares":2155492},{"issuer":"COUPANG INC","titleOfClass":"CL A","cusip":"22266T109","value":226122035,"shares":13017964,"shareType":"SH","priorValue":245779160,"priorShares":13017964},{"issuer":"WILLIS TOWERS WATSON PLC LTD","titleOfClass":"SHS","cusip":"G96629103","value":188390007,"shares":720779,"shareType":"SH","priorValue":209530455,"priorShares":720779},{"issuer":"U HAUL HOLDING COMPANY","titleOfClass":"COM SER N","cusip":"023586506","value":187609761,"shares":3251469,"shareType":"SH","priorValue":145243120,"priorShares":3251469},{"issuer":"META PLATFORMS INC","titleOfClass":"CL A","cusip":"30303M102","value":183156560,"shares":325155,"shareType":"SH","priorValue":186030930,"priorShares":325155},{"issuer":"NUVATION BIO INC","titleOfClass":"COM CL A","cusip":"67080N101","value":7216463,"shares":1270504,"shareType":"SH","priorValue":5450462,"priorShares":1270504},{"issuer":"U HAUL HOLDING COMPANY","titleOfClass":"COM","cusip":"023586100","value":2382081,"shares":36401,"shareType":"SH","priorValue":1739240,"priorShares":36401}]},"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva Wealth is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}