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Fame Burst

Abrams Capital Management, L.P. 13F annual report

Author

Ava Arnold

Updated on March 22, 2026

Abrams Capital Management, L.P. is an investment fund managing more than $3.48 trillion ran by Fred Leif. There are currently 16 companies in Mr. Leif’s portfolio. The largest investments include Lithia Mtrs Inc and Asbury Automotive Inc, together worth $1.22 trillion.

$3.48 trillion Assets Under Management (AUM)

As of 7th August 2023, Abrams Capital Management, L.P.’s top holding is 2,351,068 shares of Lithia Mtrs Inc currently worth over $715 billion and making up 20.6% of the portfolio value.In addition, the fund holds 2,108,540 shares of Asbury Automotive Inc worth $507 billion, whose value fell 3.0% in the past six months. The third-largest holding is Meta Platforms Inc worth $327 billion and the next is Transdigm worth $280 billion, with 312,747 shares owned.

Currently, Abrams Capital Management, L.P.'s portfolio is worth at least $3.48 trillion. The total portfolio value may be much higher due to cash assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.

Careers at Abrams Capital Management, L.P.

The Abrams Capital Management, L.P. office and employees reside in Boston, Massachusetts. According to the last 13-F report filed with the SEC, Fred Leif serves as the Chief Financial Officer at Abrams Capital Management, L.P..