Seth Klarman Holdings Activity

Baupost Group Portfolio 13F

Baupost Group has disclosed a total of 25 changes to the portfolio in the latest (2026 Q1) SEC report(s): increased the number of shares of 9, bought 6 totally new, decreased the number of shares of 4 and completely sold out 6 position(s).

What stocks is Seth Klarman buying now?

In the recent quarter Seth Klarman has bought 15 securities out of which top 5 purchases (by % change to portfolio) are (AON) AON PLC-CLASS A (new buy), (V) VISA INC-CLASS A SHARES (new buy), (AMZN) AMAZONCOM INC (added shares +47.01%), (TFX) TELEFLEX INC (new buy) and (FERG) FERGUSON ENTERPRISES INC (added shares +26.86%).

What does Seth Klarman invest in?

Seth Klarman's top 5 holdings (by % of portfolio) are (AMZN) AMAZONCOM INC (12.7%), (QSR) RESTAURANT BRANDS INTERN (11.67%), (WCC) WESCO INTERNATIONAL INC (7.69%), (UNP) UNION PACIFIC CORP (7.31%) and (ANTM) ANTHEM INC (7.3%).

In the latest report(s) the following changes have been made to the top investments: (AMZN) AMAZONCOM INC (added shares +47.01%), (WCC) WESCO INTERNATIONAL INC (added shares +1.27%), (UNP) UNION PACIFIC CORP (reduced shares -5.3%) and (ANTM) ANTHEM INC (added shares +0.46%).

History
Ticker
Stock
%
Activity
Share
Change
% change to
Portfolio
Reported
Price*
% difference
Current Price
% of
Portfolio
2025 Q3 (17 results)
COLD
AMERICOLD REALTY TRUST
buy
+3,600,000
+0.93%
$12.24
20.18% $14.71
0.93%
UNP
UNION PACIFIC CORP
buy
+1,496,204
+7.43%
$236.37
15.21% $272.32
7.43%
GPC
GENUINE PARTS CO
buy
+1,395,000
+4.06%
$138.60
29.18% $98.15
4.06%
ANTM
ANTHEM INC
+114.12%
+703,000
+4.77%
$323.12
-
8.95%
QSR
RESTAURANT BRANDS INTERN
+103.80%
+4,203,300
+5.66%
$64.14
13.28% $72.66
11.11%
EXP
EAGLE MATERIALS INC
+38.95%
+263,403
+1.29%
$233.04
8.72% $212.72
4.60%
FERG
FERGUSON ENTERPRISES INC
+2.08%
+23,500
+0.11%
$224.58
-
5.45%
CRH
CRH PLC
-11.55%
-442,000
-1.11%
$119.90
12.38% $105.06
8.52%
LBTYK
LIBERTY GLOBAL LTD-C
-12.17%
-3,000,000
-0.74%
$11.75
-
5.34%
WLTW
WILLIS TOWERS WATSON PLC
-17.13%
-225,119
-1.63%
$345.45
-
7.90%
GOOG
ALPHABET INC-CL C
-29.46%
-775,850
-3.97%
$243.55
50.18% $365.76
9.50%
WCC
WESCO INTERNATIONAL INC
-31.91%
-704,421
-3.13%
$211.50
67.52% $354.31
6.67%
VSAT
VIASAT INC
-100.00%
-9,190,728
-2.82%
$14.60
360.14% $67.18
0.00%
ICLR
ICON PLC
-100.00%
-405,000
-1.24%
$145.45
2.75% $149.45
0.00%
LBRDA
LIBERTY BROADBAND-A
-100.00%
-7,560
-0.02%
$97.88
68.45% $30.88
0.00%
LBRDK
LIBERTY BROADBAND-C
-100.00%
-745,610
-1.54%
$98.38
68.58% $30.91
0.00%
AMCR
AMCOR PLC
-100.00%
-5,500,000
-1.06%
$9.19
314.91% $38.13
0.00%
2025 Q2 (19 results)
FISV
FISERV INC
buy
+895,000
+3.75%
$172.41
68.43% $54.43
3.75%
AMCR
AMCOR PLC
buy
+5,500,000
+1.23%
$9.19
314.91% $38.13
0.00%
PAGS
PAGSEGURO DIGITAL LTD-CL A
buy
+2,500,000
+0.59%
$9.64
11.51% $8.53
0.59%
LBRDK
LIBERTY BROADBAND-C
+337.03%
+575,000
+1.37%
$98.38
68.58% $30.91
0.00%
ANTM
ANTHEM INC
+150.41%
+370,000
+3.50%
$388.96
-
5.82%
CRH
CRH PLC
+41.98%
+1,131,000
+2.52%
$91.80
14.44% $105.06
8.54%
GOOG
ALPHABET INC-CL C
+26.76%
+556,000
+2.40%
$177.39
106.19% $365.76
11.36%
DG
DOLLAR GENERAL CORP
+26.70%
+562,000
+1.56%
$114.38
9.34% $103.70
7.41%
WCC
WESCO INTERNATIONAL INC
+10.07%
+202,000
+0.91%
$185.20
91.31% $354.31
9.94%
FIS
FIDELITY NATIONAL INFO SERV
+8.50%
+296,764
+0.59%
$81.41
49.70% $40.95
7.50%
QSR
RESTAURANT BRANDS INTERN
+4.19%
+163,000
+0.26%
$66.29
9.61% $72.66
6.52%
HLF
HERBALIFE NUTRITION LTD
+2.10%
+159,318
+0.03%
$8.62
32.60% $11.43
1.63%
VSAT
VIASAT INC
-9.81%
-1,000,000
-0.35%
$14.60
360.14% $67.18
0.00%
WLTW
WILLIS TOWERS WATSON PLC
-13.86%
-211,483
-1.58%
$306.50
-
9.79%
GDS
GDS HOLDINGS LTD - ADR
-23.53%
-1,000,000
-0.74%
$30.57
-
2.41%
EXP
EAGLE MATERIALS INC
-25.66%
-233,376
-1.15%
$202.11
5.25% $212.72
3.32%
SOLV
SOLVENTUM CORP
-100.00%
-1,053,240
-1.95%
$76.04
6.54% $81.01
0.00%
TPX
TEMPUR SEALY INTERNATIONAL I
-100.00%
-703,349
-1.02%
$59.88
-
0.00%
CLVT
CLARIVATE PLC
-100.00%
-10,777,863
-1.03%
$3.93
38.68% $2.41
0.00%
36 of 1,257

Shares, change to shares, sold shares - split-adjusted.

Reported price - this doesn't represent the actual buy or sell price.
It is the split-adjusted price of the security as of the last day of the reported period.

Value or Price - If the security is completely sold out, we show the reported value (or price) prior to the actual period.