Abrams Capital Management Buys Facebook Inc, Pacific Drilling SA, Akebia Therapeutics Inc, Sells Shire PLC, Express Scripts Holding Co, Altaba Inc

• New Purchases: FB, PACD,
• Added Positions: AKBA, LAD, ABG, CWH,
• Reduced Positions: WU, OZM, TEVA, WLTW, ORLY, ENT,
• Sold Out: SHPG, ESRX, AABA, AET, KERX,

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

1. Franklin Resources Inc (BEN) - 10,037,706 shares, 12.30% of the total portfolio. Shares added by 0.93%
2. O'Reilly Automotive Inc (ORLY) - 859,981 shares, 12.24% of the total portfolio. Shares reduced by 2.63%
3. Teva Pharmaceutical Industries Ltd (TEVA) - 18,522,372 shares, 11.80% of the total portfolio. Shares reduced by 5.12%
4. Amerco Inc (UHAL) - 576,045 shares, 7.81% of the total portfolio.
5. The Western Union Co (WU) - 10,434,763 shares, 7.36% of the total portfolio. Shares reduced by 50.7%

Abrams Capital Management initiated holding in Facebook Inc. The purchase prices were between $124.06 and $162.43, with an estimated average price of $144.02. The stock is now traded at around $161.89. The impact to a portfolio due to this purchase was 5.42%. The holding were 999,649 shares as of .

Abrams Capital Management initiated holding in Pacific Drilling SA. The purchase prices were between $11 and $5000, with an estimated average price of $1331.62. The stock is now traded at around $15.66. The impact to a portfolio due to this purchase was 4.09%. The holding were 7,414,537 shares as of .

Abrams Capital Management added to a holding in Akebia Therapeutics Inc by 405.36%. The purchase prices were between $5.39 and $9.15, with an estimated average price of $7.78. The stock is now traded at around $7.32. The impact to a portfolio due to this purchase was 1.03%. The holding were 5,656,462 shares as of .

Abrams Capital Management added to a holding in Asbury Automotive Group Inc by 20.03%. The purchase prices were between $59.04 and $71.51, with an estimated average price of $65.73. The stock is now traded at around $70.37. The impact to a portfolio due to this purchase was 0.87%. The holding were 1,902,528 shares as of .

Abrams Capital Management added to a holding in Camping World Holdings Inc by 65.75%. The purchase prices were between $11.24 and $22.49, with an estimated average price of $17.6. The stock is now traded at around $14.90. The impact to a portfolio due to this purchase was 0.73%. The holding were 3,858,808 shares as of .

Abrams Capital Management sold out a holding in Shire PLC. The sale prices were between $166.22 and $181.95, with an estimated average price of $174.76.

Abrams Capital Management sold out a holding in Express Scripts Holding Co. The sale prices were between $91.99 and $101.47, with an estimated average price of $96.61.

Abrams Capital Management sold out a holding in Altaba Inc. The sale prices were between $55.65 and $67.25, with an estimated average price of $61.56.

Abrams Capital Management sold out a holding in Aetna Inc. The sale prices were between $195.13 and $212.7, with an estimated average price of $203.61.

Abrams Capital Management sold out a holding in Keryx Biopharmaceuticals Inc. The sale prices were between $2.57 and $3.43, with an estimated average price of $3.07.

Abrams Capital Management reduced to a holding in The Western Union Co by 50.7%. The sale prices were between $16.55 and $19.08, with an estimated average price of $18.15. The stock is now traded at around $17.83. The impact to a portfolio due to this sale was -5.4%. Abrams Capital Management still held 10,434,763 shares as of .

Abrams Capital Management reduced to a holding in Och-Ziff Capital Management Group LLC by 90%. The sale prices were between $9.2 and $16.2, with an estimated average price of $12.03. The stock is now traded at around $13.16. The impact to a portfolio due to this sale was -0.78%. Abrams Capital Management still held 2,223,859 shares as of .