ABRAMS CAPITAL MANAGEMENT, L.P. Information

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

Report Date: 06/30/2014

Position Statistics

Total Positions 17
New Positions 3
Increased Positions 6
Decreased Positions 3
Positions with Activity 9
Sold Out Positions 2
Total Mkt Value (in $ millions) 1,453

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

Sector Weighting

Basic Materials 2.17%
Capital Goods 0%
Conglomerates
Consumer Cyclical
Consumer/Non-Cyclical
Energy
Financial 28.4%
Healthcare 1.21%
Services 39%
Technology 10.69%
Transportation
Utilities

17 Positions as of 06/30/2014

Company Class Value of Shares ($1,000s) Change in Value ($1,000s) ▲ Change (%) Shares Held
SLM CORP COM -72,656 Sold Out 0
NAVIENT CORP COM 92,759 -54,358 (36.95) 5,170,518
WESCO AIRCRAFT HLDGS INC COM -25,862 Sold Out 0
AMERICAN INTL GROUP INC COM NEW 266,007 New 4,745,040
CLEAR CHANNEL OUTDOOR HLDGS IN CL A 23,279 New 3,354,390
CST BRANDS INC COM 104,520 New 3,000,000
MICROSOFT CORP COM 155,371 New 3,420,000
PENNEY J C INC COM 16,200 New 1,500,000
ROYAL BK SCOTLAND GROUP PLC ADR PFD SER P 1,397 New 57,380
ROYAL BK SCOTLAND GROUP PLC ADR PREF SHS R 2,789 New 115,305
WELLS FARGO & CO NEW COM 142,489 New 2,770,000
GLOBAL EAGLE ENTMT INC COM 54,803 16,943 44.75 4,342,536
GENTIVA HEALTH SERVICES INC COM 17,621 17,621 New 975,170
RAYONIER INC COM 31,553 31,553 New 920,710
BARNES & NOBLE INC COM 98,169 47,700 94.51 4,114,389
WESTERN UN CO COM 374,338 71,016 23.41 21,427,477
OPUS BK IRVINE CALIF COM 71,945 71,945 New 2,270,265