0000929638-12-000590.txt : 20120629 0000929638-12-000590.hdr.sgml : 20120629 20120629172740 ACCESSION NUMBER: 0000929638-12-000590 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20120629 DATE AS OF CHANGE: 20120629 GROUP MEMBERS: ABRAMS CAPITAL MANAGEMENT L.P. GROUP MEMBERS: DAVID ABRAMS SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Wesco Aircraft Holdings, Inc CENTRAL INDEX KEY: 0001378718 STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-HARDWARE [5072] IRS NUMBER: 205441563 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-86472 FILM NUMBER: 12936908 BUSINESS ADDRESS: STREET 1: 27727 AVENUE SCOTT CITY: VALENCIA STATE: CA ZIP: 91355 BUSINESS PHONE: 661-775-7200 MAIL ADDRESS: STREET 1: 27727 AVENUE SCOTT CITY: VALENCIA STATE: CA ZIP: 91355 FORMER COMPANY: FORMER CONFORMED NAME: Wesco Holdings Inc DATE OF NAME CHANGE: 20061019 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: ABRAMS CAPITAL MANAGEMENT, L.P. CENTRAL INDEX KEY: 0001358706 IRS NUMBER: 204043368 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 222 BERKELEY STREET, 22ND FLOOR CITY: BOSTON STATE: MA ZIP: 02116 BUSINESS PHONE: 617-646-6100 MAIL ADDRESS: STREET 1: 222 BERKELEY STREET, 22ND FLOOR CITY: BOSTON STATE: MA ZIP: 02116 FORMER COMPANY: FORMER CONFORMED NAME: PAMET CAPITAL MANAGEMENT, LP DATE OF NAME CHANGE: 20060407 SC 13G 1 sch13g.htm sch13g.htm
CUSIP NO. 278768106

 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
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SCHEDULE 13G
 
Under the Securities Exchange Act of 1934
 
(Amendment No.  ___)*
 

Wesco Aircraft Holdings, Inc.
(Name of Issuer)

Common Stock, par value $0.001 per share
(Title of Class of Securities)

 
950814103
 
(CUSIP Number)

June 20, 2012
(Date of Event which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
 
 [  ]           Rule 13d-1(b)
 
 [x]           Rule 13d-1(c)
 
 [  ]           Rule 13d-1(d)
 
*           The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.  Beneficial ownership information contained herein is given as of the date listed above.
 
The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
 

 
 
 


1
Names of Reporting Persons.
 
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)           [ ]
 
(b)           [ ]
3
SEC Use Only
4
Citizenship or Place of Organization.
 
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 Management, LLC – 0 shares
Abrams Capital Management, L.P. – 0 shares
David Abrams – 0 shares
6            Shared Voting Power
 
Abrams Capital Management, LLC – 4,366,152 shares (4,525,330 shares as of the date of this filing)
Abrams Capital Management, L.P. – 4,366,152 shares (4,525,330 shares as of the date of this filing)
David Abrams – 4,366,152 shares (4,525,330 shares as of the date of this filing)
 
Refer to Item 4 below.
7            Sole Dispositive Power
 
Abrams Capital Management, LLC – 0 shares
Abrams Capital Management, L.P. – 0 shares
David Abrams – 0 shares
8            Shared Dispositive Power
 
Abrams Capital Management, LLC – 4,366,152 shares (4,525,330 shares as of the date of this filing)
Abrams Capital Management, L.P. – 4,366,152 shares (4,525,330 shares as of the date of this filing)
David Abrams – 4,366,152 shares (4,525,330 shares as of the date of this filing)
 
Refer to Item 4 below.
9
Aggregate Amount Beneficially Owned by Each Reporting Person
 
Abrams Capital Management, LLC – 4,366,152 shares (4,525,330 shares as of the date of this filing)
Abrams Capital Management, L.P. – 4,366,152 shares (4,525,330 shares as of the date of this filing)
David Abrams – 4,366,152 shares (4,525,330 shares as of the date of this filing)
 
Refer to Item 4 below.
10
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)     [ ]
11
Percent of Class Represented by Amount in Row (9)
 
Abrams Capital Management, LLC – 5.0% (5.2% as of the date of this filing)
Abrams Capital Management, L.P. – 5.0% (5.2% as of the date of this filing)
David Abrams – 5.0% (5.2% as of the date of this filing)
 
Refer to Item 4 below.
12
Type of Reporting Person (See Instructions)
 
Abrams Capital Management, LLC  – OO (Limited Liability Company)
Abrams Capital Management, L.P.  – OO (Limited Partnership)
David Abrams – IN

 
 

 

SCHEDULE 13G
 
Item 1
 

(a)
Name of Issuer
 
 
Wesco Aircraft Holdings, Inc.
 
(b)
Address of Issuer’s Principal Executive Offices
 
 
27727 Avenue Scott, Valencia, CA 91355

Item 2
 

(a)
Name of Person Filing
 
 
Abrams Capital Management, LLC
Abrams Capital Management, L.P.
David Abrams
 
(b)
Address of Principal Business Office or, if none, Residence
 
Abrams Capital Management, LLC
Abrams Capital Management, L.P.
David Abrams
c/o Abrams Capital Management, L.P.
222 Berkeley Street, 22nd Floor
Boston, MA 02116
 
(c)
Citizenship
 
 
Abrams Capital Management, LLC  - Delaware
Abrams Capital Management, L.P.  - Delaware
David Abrams  - United States
 
(d)
Title of Class of Securities
 
 
Common Stock, par value $0.001 per share
 
(e)
CUSIP Number
 
 
950814103

Item 3
If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:

(a)
[ ]
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
[ ]
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
[ ]
Insurance Company as defined in Section 3(a)(19) of the Act;
(d)
[ ]
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C 80a-8);
(e)
[ ]
An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);
(f)
[ ]
An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);
(g)
[ ]
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
[ ]
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
[ ]
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
[ ]
A non-U.S. institution in accordance with §240.13d–1(b)(1)(ii)(J);
(k)
[ ]
Group, in accordance with §240.13d-1(b)(1)(ii)(K).
 
If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
 
Item 4
Ownership

Item 4(a)
Amount Beneficially Owned**
 
Abrams Capital Management, LLC – 4,366,152 shares (4,525,330 shares as of the date of this filing)
Abrams Capital Management, L.P. – 4,366,152 shares (4,525,330 shares as of the date of this filing)
David Abrams – 4,366,152 shares (4,525,330 shares as of the date of this filing)

Item 4(b)
Percent of Class
 
Abrams Capital Management, LLC – 5.0% (5.2% as of the date of this filing)
Abrams Capital Management, L.P. – 5.0% (5.2% as of the date of this filing)
David Abrams – 5.0% (5.2% as of the date of this filing)

Item 4(c)
Number of shares as to which each such person has voting and dispositive power:
 
(i)  sole power to vote or to direct the vote

Abrams Capital Management, LLC – 0 shares
Abrams Capital Management, L.P. – 0 shares
David Abrams – 0 shares

(ii)  shared power to vote or to direct the vote

Abrams Capital Management, LLC – 4,366,152 shares (4,525,330 shares as of the date of this filing)
Abrams Capital Management, L.P. – 4,366,152 shares (4,525,330 shares as of the date of this filing)
David Abrams – 4,366,152 shares (4,525,330 shares as of the date of this filing)

(iii)  sole power to dispose or to direct the disposition of

Abrams Capital Management, LLC – 0 shares
Abrams Capital Management, L.P. – 0 shares
David Abrams – 0 shares

(iv)  shared power to dispose or to direct the disposition of

Abrams Capital Management, LLC – 4,366,152 shares (4,525,330 shares as of the date of this filing)
Abrams Capital Management, L.P. – 4,366,152 shares (4,525,330 shares as of the date of this filing)
David Abrams – 4,366,152 shares (4,525,330 shares as of the date of this filing)

** Shares reported herein for Abrams Capital Management, L.P. (“Abrams CM LP”) and Abrams Capital Management, LLC (“Abrams CM LLC”) represent shares beneficially owned by private investment funds for which Abrams CM LP serves as investment manager.  Abrams CM LLC is the general partner of Abrams CM LP.  Shares reported herein for Mr. Abrams represent the above-referenced shares.  Mr. Abrams is the managing member of Abrams CM LLC.  Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein except to the extent of its or his pecuniary interest therein.

Item 5
Ownership of Five Percent or Less of a Class
 
 
Not applicable.
 
Item 6
Ownership of More than Five Percent on Behalf of Another Person
 
 
Not applicable.
 
Item 7
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company
 
 
Not applicable.
 
Item 8
Identification and Classification of Members of the Group
 
 
Not applicable.
 
Item 9
Notice of Dissolution of Group
 
 
Not applicable.
 
Item 10
Certification
 
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.
 
Exhibits
Exhibit
99.1
Joint Filing Agreement by and among the Reporting Persons.


 
 

 

SIGNATURE
 
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
 
Date: June 29, 2012

 
ABRAMS CAPITAL MANAGEMENT, L.P.
By: Abrams Capital Management, LLC,
its General Partner
 
 
By: /s/ David Abrams 
David Abrams, Managing Member
 
 
 
ABRAMS CAPITAL MANAGEMENT, LLC
 
 
By: /s/ David Abrams 
David Abrams, Managing Member
 
 
 
DAVID ABRAMS
 
 
By: /s/ David Abrams 
David Abrams, individually


EX-99.1 2 exh99.htm exh99.htm


Exhibit 99.1
 
JOINT FILING AGREEMENT
 
This Joint Filing Agreement, dated as of June 29, 2012, is by and among Abrams Capital Management, L.P., Abrams Capital Management, LLC and David Abrams (collectively, the "Filers").
 
Each of the Filers may be required to file with the United States Securities and Exchange Commission a statement on Schedule 13G and/or 13D with respect to shares of Common Stock, par value $0.001 per share, of Wesco Aircraft Holdings, Inc. beneficially owned by them from time to time.
 
Pursuant to and in accordance with Rule 13(d)(1)(k) promulgated under the Securities Exchange Act of 1934, as amended, the Filers hereby agree to file a single statement on Schedule 13G and/or 13D (and any amendments thereto) on behalf of each of such parties, and hereby further agree to file this Joint Filing Agreement as an exhibit to such statement, as required by such rule.
 
This Joint Filing Agreement may be terminated by any of the Filers upon one week's prior written notice (or such lesser period of notice as the Filers may mutually agree) to the other party.
 
Executed and delivered as of the date first above written.


 
ABRAMS CAPITAL MANAGEMENT, L.P.
By: Abrams Capital Management, LLC,
its General Partner
 
 
By: /s/ David Abrams 
David Abrams, Managing Member
 
 
 
ABRAMS CAPITAL MANAGEMENT, LLC
 
 
By: /s/ David Abrams 
David Abrams, Managing Member
 
 
 
DAVID ABRAMS
 
 
By: /s/ David Abrams 
David Abrams, individually