Abrams Capital Management Q4 2025: Focus on Alphabet Inc. (GOOGL) and Energy Transfer LP (ET)
Abrams Capital Management's portfolio saw significant changes in Q4 2025, with notable sales in Alphabet Inc. (GOOGL) and Energy Transfer LP (ET), while maintaining positions in consumer cyclical and communication services stocks.
For the period ending December 31, 2025, Abrams Capital Management, the investment firm managed by David Abrams, experienced notable shifts in its top holdings. The disclosed data provides insights into the firm's activities during this quarter.
Across the portfolio, the most significant change observed was a reduction in holdings. All four top stocks listed in the filing showed a decrease in the number of shares held by Abrams Capital Management during the quarter ending December 31, 2025.
Specifically, the firm sold a substantial number of shares in Alphabet Inc. (GOOGL). The total shares decreased by 9.77%, representing a reduction of 207,500 shares. This significant sale resulted in Alphabet Inc. (GOOGL) maintaining its position as the largest holding, accounting for 10.57% of the total portfolio value.
Similarly, Energy Transfer L P (ET) saw a notable reduction, with a 1.46% decrease in shares (-90,360 shares sold). This action kept Energy Transfer L P (ET) as the fourth-largest holding, representing 1.78% of the portfolio.
In the consumer cyclical sector, SOMNIGROUP INTERNATIONAL INC (TPX) experienced a slight reduction in its stake, with a 0.7% decrease (-41,110 shares sold). This maintained its position as the second-largest holding at 9.13% allocation.
Within the communication services sector, META PLATFORMS INC (META) also saw a reduction, with a 17.63% decrease (-69,600 shares sold). This kept META as the third-largest holding, comprising 3.78% of the portfolio.
No purchases of the disclosed stocks are reported in this filing for the period ending December 31, 2025. Additionally, there is no indication of any fully exited positions among the previously held top holdings.
For a complete view of Abrams Capital Management's portfolio and filing details, please visit the investor profile. Detailed information on individual stocks like Alphabet Inc. (GOOGL), SOMN (TPX), Meta Platforms Inc. (META), and Energy Transfer LP (ET) can be found on the respective stock profiles.