In a quarterly disclosure filed with the SEC, Abrams Bison Investments reported a reduction in its position in TD SYNNEX CORPORATION (SNX). The filing, which reflects holdings as of June 30, 2026, revealed that the firm sold approximately 471,000 shares, an 18.88% decrease from the previous quarter. It's important to note that 13F filings are delayed, providing a snapshot of a portfolio at the end of a quarter and not necessarily reflecting current positions.
Despite the sale, TD SYNNEX remains a cornerstone of Abrams Bison's portfolio, with the stake valued at over $540 million and its weight increasing significantly to 26.38%. This particular disclosure follows a period where TD SYNNEX reported record second-quarter results, with revenue and earnings surpassing analyst expectations, driven by strong demand in AI infrastructure. No public comments from the investor regarding the motive for the trade were found.