12 Best Stocks to Buy According to Billionaire David Abrams

9. U-Haul Holding Company (NYSE:UHAL)

Abrams Capital Management’s Stake: $152 Million

U-Haul Holding Company (NYSE:UHAL) has been a constant feature in the 13F portfolio of Abrams Capital Management since late 2022. Back then, this position consisted of 3.6 million shares. In early 2024, this holding was trimmed more than 3%, and shares owned went down to 3.5 million. Further reductions were made in the third and fourth quarters of 2024, by 4% and 4.5% respectively, to bring ownership down to 3.25 million shares. The latest filings for the fourth quarter of 2025 show no changes to this position. The firm operates as a do-it-yourself moving and storage operator for household and commercial goods in the United States and Canada. It rents trucks, trailers, fixed and portable moving and storage units, specialty rental items, and self-storage spaces primarily to the household movers, and sells moving supplies, towing accessories, and propane.

U-Haul Holding Company (NYSE:UHAL) has emerged as a deep value play for elite hedge funds in recent years. Several factors explain this position. For example, the company is dominating the self-storage business. It owns approximately 98 million square feet of self-storage space. For U-Haul, the moving business is cyclical, but the storage segment is a recurring revenue powerhouse. U-Haul Chairman Joe Shoen indicated in the February 2026 earnings call that the company is aggressively right-sizing the fleet by selling off older, high-mileage trucks. Funds are betting that once depreciation costs normalize in the latter half of 2026, U-Haul’s earnings will experience a significant snap-back effect.