Abrams Capital Management Buys Aetna Inc, Kinder Morgan Inc, Quality Care Properties Inc, Sells Wells Fargo, Colony NorthStar Inc

• New Purchases: AET, KMI,
• Added Positions: QCP, TWX, UHAL, PCG, GPI, SPH,
• Reduced Positions: BNED,
• Sold Out: WFC, CLNS,

For the details of David Abrams's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=David+Abrams

1. The Western Union Co (WU) - 21,608,707 shares, 13.03% of the total portfolio.
2. Teva Pharmaceutical Industries Ltd (TEVA) - 19,743,123 shares, 10.58% of the total portfolio.
3. Time Warner Inc (TWX) - 3,346,103 shares, 9.92% of the total portfolio. Shares added by 12.26%
4. Altaba Inc (AABA) - 3,914,805 shares, 9.09% of the total portfolio.
5. Franklin Resources Inc (BEN) - 7,945,023 shares, 8.64% of the total portfolio.

Abrams Capital Management initiated holding in Aetna Inc. The purchase prices were between $168.11 and $193.74, with an estimated average price of $179.7. The stock is now traded at around $189.58. The impact to a portfolio due to this purchase was 7.31%. The holding were 1,380,000 shares as of 2018-03-31.

Abrams Capital Management initiated holding in Kinder Morgan Inc. The purchase prices were between $14.81 and $19.63, with an estimated average price of $17.32. The stock is now traded at around $17.17. The impact to a portfolio due to this purchase was 4%. The holding were 8,472,622 shares as of 2018-03-31.

Abrams Capital Management added to a holding in Quality Care Properties Inc by 37.86%. The purchase prices were between $12.39 and $19.83, with an estimated average price of $14.93. The stock is now traded at around $21.72. The impact to a portfolio due to this purchase was 1.17%. The holding were 7,000,000 shares as of 2018-03-31.

Abrams Capital Management added to a holding in Amerco Inc by 24.69%. The purchase prices were between $328.46 and $384, with an estimated average price of $355.47. The stock is now traded at around $356.43. The impact to a portfolio due to this purchase was 1.05%. The holding were 492,044 shares as of 2018-03-31.

Abrams Capital Management added to a holding in PG&E Corp by 20.35%. The purchase prices were between $38.24 and $45.23, with an estimated average price of $42.43. The stock is now traded at around $42.29. The impact to a portfolio due to this purchase was 0.91%. The holding were 3,911,357 shares as of 2018-03-31.

Abrams Capital Management added to a holding in Group 1 Automotive Inc by 99.81%. The purchase prices were between $62.61 and $82.47, with an estimated average price of $74.03. The stock is now traded at around $71.20. The impact to a portfolio due to this purchase was 0.51%. The holding were 500,471 shares as of 2018-03-31.

Abrams Capital Management added to a holding in Suburban Propane Partners LP by 31.89%. The purchase prices were between $21.92 and $26.53, with an estimated average price of $24.39. The stock is now traded at around $23.55. The impact to a portfolio due to this purchase was 0.33%. The holding were 1,988,346 shares as of 2018-03-31.

Abrams Capital Management sold out a holding in Wells Fargo & Co. The sale prices were between $50.98 and $65.93, with an estimated average price of $59.4.

Abrams Capital Management sold out a holding in Colony NorthStar Inc. The sale prices were between $5.5 and $11.37, with an estimated average price of $8.14.