ABRAMS CAPITAL MANAGEMENT, L.P.

10% Owner ABRAMS CAPITAL MANAGEMENT buys 1,758,794 shares of LOGC at $7.00 for $12,311,558.00

ABRAMS CAPITAL MANAGEMENT increased its stake in ContextLogic Holdings Inc. by 1,758,794 shares purchased at $7.00 per share on 2026-02-26, raising its position from 16,510,740 shares to 18,269,534 shares. The transaction occurred within a cluster pattern, with 2 other insiders also buying within the past 14 days, which suggests coordinated accumulation activity at this price point. The company's fundamentals remain challenged, with zero revenue in the latest quarter and a net loss of $-1,000,000.00, though the current stock price of $7.98 sits only 10.4% below the 52-week high of $8.91. The insider's cross-ticker track record shows strong near-term performance on prior buys (avg 30d return +11.7%), warranting attention to whether this position represents a conviction-level accumulation in a turnaround scenario.

10% Owner ABRAMS CAPITAL MANAGEMENT bought 46,952 shares at $225.16 (+2.2% of holdings); stock down 27.1% from 52-week high.

ABRAMS CAPITAL MANAGEMENT, L.P., a 10% owner of Asbury Automotive, purchased 46,952 shares at $225.16 on 2025-07-30, increasing its holding to 2,162,992 shares. The acquisition occurred while the stock trades at $223.02, down 27.1% from its 52-week high of $305.86 and down 13.9% over the past 30 days. Asbury's fundamentals remain solid: the company generated $4,373,100,000 in quarterly revenue, $152,800,000 in net income, and shows annual revenue growth of 16.1%, with a low P/E of 8.12 suggesting the stock trades at a discount to earnings. The insider's cross-ticker track record shows prior sell transactions well-timed (100.00% well-timed rate with avg 90d return of -15.8% after sales), though this historical pattern reflects activity across multiple holdings, not specifically at Asbury. The purchase size represents a modest incremental increase of 2.2% to existing holdings in absolute terms.

10% owner Abrams Capital sold 703.7K LOAR shares at $80.91 (May 16); holds 32.05M post-trade

Abrams Capital Management, L.P., a 10% holder of Loar Holdings, executed a sale of 703,691 shares at $80.91 on 2025-05-16, reducing holdings by 2.1% to 32.05M shares. The trade occurred at a price now 2.6% above current market ($83.00), near the 52-week range midpoint. Across the insider's broader portfolio history, three prior sells showed an average 90-day decline of 15.8% with 100% well-timed outcomes, and at LOAR specifically, the prior December 2024 sale preceded a 21.6% 90-day decline. This transaction follows another LOAR sale just one trading day prior (May 15), suggesting sequential liquidation activity. The combination of repeated sales over consecutive days, strong 90-day timing success in the prior LOAR trade, and year-to-date stock appreciation of 18% (90-day) offers context for assessing market expectations, though the company's elevated P/E of 218.42 and recent annual revenue growth of 26.9% remain operative fundamentals.

Abrams Capital sold 4,673,986 shares of LOAR ($378.2M) on 2025-05-15, reducing stake from 37.43M to 32.75M shares (-12.5%)

Abrams Capital Management, a 10% holder, executed a material $378.2M equity sale at $80.91 per share, reducing its LOAR position by 12.5% to 32.75M shares. Despite the large absolute sale size, the stock has since recovered to $84.94 (+4.9% since transaction), whereas the insider's cross-ticker track record shows a well-timed rate of 100.00% with an average 90-day return of -15.8% following prior sales—suggesting typically favorable exit timing. At this specific ticker, prior LOAR sales executed on 2024-12-12 were well-timed, posting a -21.6% 90-day return that vindicated the exit. The current valuation context (P/E of 223.53 with annual revenue growth at +26.9%) reflects a growth-premium multiple, and this sale materially reduces the insider's exposure to that profile.

10% owner Abrams Capital sold 1,006,461 shares of LOAR at $81.18 for $81.7M; retains 37.43M shares post-sale

Abrams Capital Management executed a single open-market sale of 1,006,461 shares at $81.18, reducing its stake by 2.6% while maintaining substantial ownership of 37.43M shares (37.43M). The sale price of $81.18 sits 1.64% below the current market price of $79.87, and the insider's cross-ticker track record shows only 1 prior sell with an average 30-day return of +0.4%, providing minimal comparable data. The stock is currently -15.3% from its 52-week high of $94.34, and the company's latest quarter showed revenue of $103.5M with net income of $8.7M against a $7.2B market cap. This partial reduction in a large concentrated position by a major shareholder warrants monitoring, though the retained 37.43M-share stake signals continued belief in the company.

ABRAMS CAPITAL sold 2,000,000 shares of CWH at $23.90; holdings reduced -39.1% to 3.11M shares

ABRAMS CAPITAL MANAGEMENT, L.P. divested 2,000,000 shares (2.00M shares) in a single transaction, reducing its stake by -39.1% from 5,108,808 shares to 3,108,808 shares. The sale occurred at $23.90, and the current price is $24.00—only 0.4% above the executed price, indicating the trade was executed near current levels. The broader context shows CWH stock is -15.9% from its 52-week high of $28.53, though it has gained +9.4% over 30 days and +32.1% over 90 days from prior lows. Fundamentally, Camping World faces headwinds: annual revenue declined -10.6% year-over-year, and the company reported $9,771,000 ($9.8M) net income on $1,806,505,000 ($1.8B) quarterly revenue, reflecting a compressed margin environment with a P/E of 7.72. The material reduction in ABRAMS CAPITAL's ownership stake warrants investor scrutiny into whether the divestiture reflects evolving investment thesis, capital redeployment, or portfolio management decisions at this economically-challenged recreation-vehicle retailer.