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Abrams Capital Management Buys Kinder Morgan Inc, Sells Suburban Propane Partners LP, Pacific ...

GuruFocus.com
·2 mins read

Investment company Abrams Capital Management (Current Portfolio) buys Kinder Morgan Inc, sells Suburban Propane Partners LP, Pacific Drilling SA during the 3-months ended 2020Q2, according to the most recent filings of the investment company, Abrams Capital Management. As of 2020Q2, Abrams Capital Management owns 20 stocks with a total value of $3.1 billion. These are the details of the buys and sells.

  • Added Positions: KMI,

  • Reduced Positions: PACD,

  • Sold Out: SPH,


For the details of David Abrams's stock buys and sells,
go to https://www.gurufocus.com/guru/david+abrams/current-portfolio/portfolioThese are the top 5 holdings of David Abrams

  1. Lithia Motors Inc (LAD) - 2,226,068 shares, 10.89% of the total portfolio.

  2. Teva Pharmaceutical Industries Ltd (TEVA) - 24,046,356 shares, 9.58% of the total portfolio.

  3. Facebook Inc (FB) - 1,205,043 shares, 8.84% of the total portfolio.

  4. TransDigm Group Inc (TDG) - 539,305 shares, 7.70% of the total portfolio.

  5. PG&E Corp (PCG) - 25,000,000 shares, 7.17% of the total portfolio.

Added: Kinder Morgan Inc (KMI)
Abrams Capital Management added to a holding in Kinder Morgan Inc by 27.23%. The purchase prices were between $12.73 and $17.97, with an estimated average price of $15.19. The stock is now traded at around $14.27. The impact to a portfolio due to this purchase was 1.31%. The holding were 12,476,200 shares as of . Sold Out: Suburban Propane Partners LP (SPH)
Abrams Capital Management sold out a holding in Suburban Propane Partners LP. The sale prices were between $12.96 and $16.85, with an estimated average price of $14.32.

Here is the complete portfolio of David Abrams. Also check out:

1. David Abrams's Undervalued Stocks

2. David Abrams's Top Growth Companies, and

3. David Abrams's High Yield stocks

4. Stocks that David Abrams keeps buyingThis article first appeared on GuruFocus.