David Abrams
Abrams Capital
Founder of Abrams Capital and a Seth Klarman alumnus. A quiet, patient value investor with a small number of positions.
13F portfolio value
Q2 2026
$5.48B
1-year growth
-10.4%
2-year growth
+7.1%
Positions
11
Top 10 share
100.0%
Quarterly turnover
0.0%
Last filed
Aug 13, 2026
Q2 2026: summary
MakklerAI- LOAR remained the largest holding at 47.1% of the $5.5B portfolio, up from 39.6% in the prior quarter.
- Abrams cut GOOGL shares by 26.5%; it ended the quarter at 8.9%, worth $490M.
- The portfolio held 11 positions, with its top 10 accounting for 100%; no positions were added or opened.
- Reported portfolio value rose from $4.6B to $5.5B, while turnover was 0% and one position was reduced.
Portfolio value (13F)
$5.11BQ2 2024
$6.23BQ3 2024
$6.22BQ4 2024
$5.64BQ1 2025
$6.11BQ2 2025
$6.17BQ3 2025
$5.67BQ4 2025
$4.64BQ1 2026
$5.48BQ2 2026
| Quarter | Value | Positions | New | Added | Trimmed | Sold | Quarterly turnover |
|---|---|---|---|---|---|---|---|
| Q2 2026 | $5.48B | 11 | 0 | 0 | 1 | 0 | 0.0% |
| Q1 2026 | $4.64B | 11 | 0 | 0 | 2 | 1 | 0.0% |
| Q4 2025 | $5.67B | 12 | 0 | 0 | 4 | 1 | 0.0% |
| Q3 2025 | $6.17B | 13 | 0 | 2 | 0 | 0 | 0.0% |
| Q2 2025 | $6.11B | 13 | 1 | 0 | 1 | 1 | 0.8% |
| Q1 2025 | $5.64B | 13 | 0 | 2 | 2 | 0 | 2.7% |
| Q4 2024 | $6.22B | 13 | 0 | 1 | 3 | 1 | 0.2% |
| Q3 2024 | $6.23B | 14 | 0 | 0 | 3 | 0 | 0.0% |
| Q2 2024 | $5.11B | 14 | — | — | — | — | — |
Weight of the largest positions
The latest quarter's 10 largest positions, with their weights in earlier quarters.
| Stock | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 |
|---|---|---|---|---|---|---|---|---|---|
| LOAR | 40.1% | 46.0% | 44.5% | 46.9% | 45.2% | 41.6% | 38.4% | 39.6% | 47.1% |
| LAD | 11.8% | 12.2% | 13.7% | 12.7% | 13.5% | 12.8% | 14.6% | 13.4% | 13.2% |
| GOOGL | 7.4% | 5.5% | 6.5% | 5.8% | 6.1% | 8.4% | 10.6% | 11.6% | 8.9% |
| SGI | 3.3% | 3.2% | 3.3% | 6.2% | 6.5% | 8.0% | 9.1% | 9.2% | 8.3% |
| ABG | 9.4% | 8.1% | 8.2% | 8.3% | 8.2% | 8.5% | 8.8% | 9.1% | 7.9% |
| CPNG | 5.3% | 5.1% | 4.6% | 5.1% | 6.4% | 6.8% | 5.4% | 5.3% | 4.1% |
| WTW | 3.7% | 3.4% | 3.6% | 4.3% | 3.6% | 4.0% | 4.2% | 4.5% | 3.4% |
| UHAL-B | 4.2% | 3.9% | 3.3% | 3.4% | 2.9% | 2.7% | 2.7% | 3.1% | 3.4% |
| META | 6.1% | 5.7% | 5.3% | 4.0% | 4.8% | 4.7% | 3.8% | 4.0% | 3.3% |
| NUVB | 0.2% | 0.1% | 0.2% | 0.1% | 0.1% | 0.2% | 0.6% | 0.1% | 0.1% |
| UHAL | <0.1% | <0.1% | <0.1% | <0.1% | <0.1% | <0.1% | <0.1% | <0.1% | <0.1% |
MakklerAI
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