Billionaire Abrams Bets On Camping World Holdings: Value Trap?

Page 2 of 7 – SEC Filing
CUSIP No.  13462K109
 SCHEDULE 13G
Page 2 of 7 Pages
1
NAME OF REPORTING PERSONS
Abrams Capital Partners II, L.P.
Abrams Capital, LLC
Abrams Capital Management, LLC
Abrams Capital Management, L.P.
David Abrams
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) o
(b) o
3
SEC USE ONLY
4
CITIZENSHIP OR PLACE OF ORGANIZATION
Abrams Capital Partners II, L.P.– Delaware
Abrams Capital, LLC – Delaware
Abrams Capital Management, LLC – Delaware
Abrams Capital Management, L.P. – Delaware
David Abrams – United States
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
5
SOLE VOTING POWER
Abrams Capital Partners II, L.P.– 0 shares
Abrams Capital, LLC– 0 shares
Abrams Capital Management, LLC – 0 shares
Abrams Capital Management, L.P. – 0 shares
David Abrams – 0 shares
6
SHARED VOTING POWER
Abrams Capital Partners II, L.P.– 1,615,707 shares as of 9/25/18 (2,489,772 shares as of 10/5/18)
Abrams Capital, LLC– 1,905,282 shares as of 9/25/18 (2,936,110 shares as of 10/5/18)
Abrams Capital Management, LLC–1,969,172 shares as of 9/25/18 (3,000,000 shares as of 10/5/18)
Abrams Capital Management, L.P. – 1,969,172 shares as of 9/25/18 (3,000,000 shares as of 10/5/18)
David Abrams – 1,969,172 shares as of 9/25/18 (3,000,000 shares as of 10/5/18)
Refer to Item 4 below.
7
SOLE DISPOSITIVE POWER
Abrams Capital Partners II, L.P.– 0 shares
Abrams Capital, LLC– 0 shares
Abrams Capital Management, LLC – 0 shares
Abrams Capital Management, L.P. – 0 shares
David Abrams– 0 shares
8
SHARED DISPOSITIVE POWER
Abrams Capital Partners II, L.P.– 1,615,707 shares as of 9/25/18 (2,489,772 shares as of 10/5/18)
Abrams Capital, LLC– 1,905,282 shares as of 9/25/18 (2,936,110 shares as of 10/5/18)
Abrams Capital Management, LLC–1,969,172 shares as of 9/25/18 (3,000,000 shares as of 10/5/18)
Abrams Capital Management, L.P. – 1,969,172 shares as of 9/25/18 (3,000,000 shares as of 10/5/18)
David Abrams – 1,969,172 shares as of 9/25/18 (3,000,000 shares as of 10/5/18)
Refer to Item 4 below.
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
Abrams Capital Partners II, L.P.– 1,615,707 shares as of 9/25/18 (2,489,772 shares as of 10/5/18)
Abrams Capital, LLC– 1,905,282 shares as of 9/25/18 (2,936,110 shares as of 10/5/18)
Abrams Capital Management, LLC–1,969,172 shares as of 9/25/18 (3,000,000 shares as of 10/5/18)
Abrams Capital Management, L.P. – 1,969,172 shares as of 9/25/18 (3,000,000 shares as of 10/5/18)
David Abrams – 1,969,172 shares as of 9/25/18 (3,000,000 shares as of 10/5/18)
Refer to Item 4 below.
10
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions)
o
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
Abrams Capital Partners II, L.P.– 4.37% as of 9/25/18 (6.73% as of 10/5/18)
Abrams Capital, LLC– 5.15% as of 9/25/18 (7.93% as of 10/5/18)
Abrams Capital Management, LLC – 5.32% as of 9/25/18 (8.11% as of 10/5/18)
Abrams Capital Management, L.P. – 5.32% as of 9/25/18 (8.11% as of 10/5/18)
David Abrams – 5.32% as of 9/25/18 (8.11% as of 10/5/18)
Refer to Item 4 below.
12
TYPE OF REPORTING PERSON (See Instructions)
Abrams Capital Partners II, L.P.– OO (Limited Partnership)
Abrams Capital, LLC – OO ( Limited Liability Company)
Abrams Capital Management, LLC – OO ( Limited Liability Company)
Abrams Capital Management, L.P. – OO (Limited Partnership)
David Abrams – IN


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