ABRAMS CAPITAL MANAGEMENT, L.P. Information

222 BERKELEY STREET, 21ST FLOOR, BOSTON, Massachusetts, 02116, (617) 646-6100

Report Date: 03/31/2014

Position Statistics

Total Positions 16
New Positions 2
Increased Positions 3
Decreased Positions 5
Positions with Activity 8
Sold Out Positions 2
Total Mkt Value (in $ millions) 1,312

Institutional Holdings information is filed by major institutions on form 13-F with the Securities and Exchange Commission.

Sector Weighting

Basic Materials
Capital Goods 2.1%
Conglomerates 0%
Consumer Cyclical
Consumer/Non-Cyclical
Energy
Financial 36.2%
Healthcare 0%
Services 32.08%
Technology 10.86%
Transportation
Utilities

16 Positions as of 03/31/2014

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
WESTERN UN CO COM 300,371 New 17,362,477
AMERICAN INTL GROUP INC COM NEW 258,510 New 4,745,040
NAVIENT CORP COM 145,805 -34,945 (19.33) 8,200,487
WELLS FARGO & CO NEW COM 143,514 New 2,770,000
MICROSOFT CORP COM 142,563 142,563 New 3,420,000
CST BRANDS INC COM 100,410 New 3,000,000
SLM CORP COM 68,884 -16,510 (19.33) 8,200,487
BARNES & NOBLE INC COM 47,868 47,868 New 2,115,229
GLOBAL EAGLE ENTMT INC COM 33,600 New 3,000,000
WESCO AIRCRAFT HLDGS INC COM 27,526 -85,017 (75.54) 1,410,141
CLEAR CHANNEL OUTDOOR HLDGS IN CL A 25,997 New 3,354,390
PENNEY J C INC COM 13,110 4,370 50 1,500,000
ROYAL BK SCOTLAND GROUP PLC ADR PREF SHS R 2,728 New 115,305
ROYAL BK SCOTLAND GROUP PLC ADR PFD SER P 1,360 New 57,380
ENGILITY HLDGS INC COM -3,797 Sold Out 0
SANOFI CONTGNT VAL RT -5,655 Sold Out 0