Follow The Filings

Baupost Group LLC Seth Klarman

Boston, MA 20 processed 13Fs on this site, 2021 Q3 to 2026 Q2

  • $5.4B
  • 23 holdings
  • 2026 Q2
  • +5.9% QoQ
  • Top 5 50.0%

Portfolio

2026 Q2, filed 8/13/2026, top 12 of 23 holdings

Top 5 50.0%, top 10 74.9%

  1. AMZN, Amazon 16.5%
  2. ELV, Elevance Health 9.1%
  3. QSR, Restaurant Brands International 9.0%
  4. GOOG, Alphabet 9.0%
  5. FERG, Ferguson 6.4%
  6. GPC, Genuine Parts 6.1%
  7. UNP, Union Pacific 6.0%
  8. V, Visa 4.4%
  9. WCC, Wesco International 4.2%
  10. AON, Aon 4.2%
  11. TFX, Teleflex 3.3%
  12. NCLH, Norwegian Cruise Line 3.0%
  13. Other 18.8%

AUM over time

2026 Q2 $5.4B +5.9% QoQ
2021 Q3: $10.9B 2021 Q3: $10.9B
Q3 2021
2021 Q4: $10.1B, −7.0% QoQ 2021 Q4: $10.1B, −7.0% QoQ
Q4
2022 Q1: $9.3B, −8.2% QoQ 2022 Q1: $9.3B, −8.2% QoQ
Q1 2022
2022 Q2: $6.8B, −27.2% QoQ 2022 Q2: $6.8B, −27.2% QoQ
Q2
2022 Q3: $5.8B, −14.4% QoQ 2022 Q3: $5.8B, −14.4% QoQ
Q3
2022 Q4: $6.1B, +5.8% QoQ 2022 Q4: $6.1B, +5.8% QoQ
Q4
2023 Q1: $5.8B, −4.6% QoQ 2023 Q1: $5.8B, −4.6% QoQ
Q1 2023
2023 Q2: $5.6B, −4.0% QoQ 2023 Q2: $5.6B, −4.0% QoQ
Q2
2023 Q3: $5.2B, −7.1% QoQ 2023 Q3: $5.2B, −7.1% QoQ
Q3
2023 Q4: $4.6B, −12.1% QoQ 2023 Q4: $4.6B, −12.1% QoQ
Q4
2024 Q1: $3.7B, −20.4% QoQ 2024 Q1: $3.7B, −20.4% QoQ
Q1 2024
2024 Q2: $3.6B, −0.5% QoQ 2024 Q2: $3.6B, −0.5% QoQ
Q2
2024 Q3: $3.5B, −3.2% QoQ 2024 Q3: $3.5B, −3.2% QoQ
Q3
2024 Q4: $3.4B, −2.3% QoQ 2024 Q4: $3.4B, −2.3% QoQ
Q4
2025 Q1: $3.5B, +1.8% QoQ 2025 Q1: $3.5B, +1.8% QoQ
Q1 2025
2025 Q2: $4.1B, +18.1% QoQ 2025 Q2: $4.1B, +18.1% QoQ
Q2
2025 Q3: $4.8B, +16.0% QoQ 2025 Q3: $4.8B, +16.0% QoQ
Q3
2025 Q4: $5.3B, +10.2% QoQ 2025 Q4: $5.3B, +10.2% QoQ
Q4
2026 Q1: $5.1B, −3.1% QoQ 2026 Q1: $5.1B, −3.1% QoQ
Q1 2026
2026 Q2: $5.4B, +5.9% QoQ 2026 Q2: $5.4B, +5.9% QoQ
Q2

Book

2023 Q2 2023 Q1, filed 11 Aug, long equity only

Download CSV Download Excel All activity
LBTYA, Liberty Global Class C 14.24%, was 16.56% Reduce −5.3% 45,004,310 $17.77 $800M −2,500,000 −$168M
VSAT, Viasat 11.97% Hold 16,288,959 $41.26 $672M — —
GOOG, Alphabet 8.88%, was 10.41% Reduce −29.6% 4,119,780 $120.97 $498M −1,732,000 −$110M
Liberty Media 8.66% Hold 14,851,048 $32.73 $486M — —
Veritiv 7.44% Hold 3,324,324 $125.61 $418M — —
FIS, Fidelity National Information Services 6.60%, was 4.50% Add +39.9% 6,775,000 $54.70 $371M +1,933,451 +$108M
WBD, Warner Bros. Discovery 5.64% Hold 25,235,094 $12.54 $316M — —
Liberty Media 4.78% Hold 8,177,656 $32.81 $268M — —
QRVO, Qorvo 4.76%, was 8.08% Reduce −43.7% 2,617,703 $102.03 $267M −2,031,801 −$205M
SSNC, SS&C Technologies 4.02%, was 3.16% Add +13.6% 3,720,430 $60.60 $225M +446,000 +$41M
WTW, Willis Towers Watson 3.78%, was 3.41% Add +5.1% 902,367 $235.50 $213M +43,700 +$13M
GTX, Garrett Motion 3.51%, was 0.47% Add +629.2% 26,070,589 $7.57 $197M +22,495,589 +$170M
EDU 2.90%, was 3.58% Reduce −24.0% 4,118,784 $39.49 $163M −1,300,000 −$47M
AMZN, Amazon 2.24% New 963,946 $130.36 $126M +963,946 +$126M
LBTYA, Liberty Global Class A 2.16% Hold 7,194,276 $16.86 $121M — —
JAZZ, Jazz Pharmaceuticals 1.49%, was 1.20% Add +40.7% 673,696 $123.97 $84M +195,000 +$13M
Theravance Biopharma 1.37%, was 1.93% Reduce −28.8% 7,419,226 $10.35 $77M −3,000,000 −$36M
DG, Dollar General 0.73% New 242,000 $169.78 $41M +242,000 +$41M
STX, Seagate Technology 0.66%, was 0.15% Add +340.9% 600,000 $61.87 $37M +463,923 +$28M
UNP, Union Pacific 0.64% New 175,000 $204.62 $36M +175,000 +$36M
GTN, Gray Television 0.53% Hold 3,760,000 $7.88 $30M — —
Herbalife 0.46% Hold 1,954,200 $13.24 $26M — —
Advantage Solutions 0.44% Reduce −3.2% 10,651,369 $2.34 $25M −350,255 +$7.9M
Atara Biotherapeutics 0.28% Add +7.1% 9,773,616 $1.61 $16M +650,000 −$11M
OPTU, Altice USA 0.26% Hold 4,774,615 $3.02 $14M — —
CRH, CRH PLC 0.06% New 56,543 $55.73 $3.2M +56,543 +$3.2M
Trilogy Metals 0.04% Reduce −20.2% 3,407,128 $0.5935 $2M −864,414 −$255K
Finch Therapeutics Group 0.01% New 67,296 $8.53 $574K +67,296 +$574K

Exits / last held

Gone since 2023 Q1, shown at their last reported size.

Stock % of portfolio Recent activity Shares Reported price* Value Share change $ change
Garrett Motion 3.87% Exit 0 $8.89 $227M −25,480,292 −$227M
SWKS, Skyworks Solutions 1.42% Exit 0 $117.98 $83M −703,865 −$83M
FISV, Fiserv 1.03% Exit 0 $113.03 $60M −533,382 −$60M
LAD, Lithia Motors 0.25% Exit 0 $228.93 $15M −65,043 −$15M
DBRG, Digitalbridge Group 0.25% Exit 0 $11.99 $15M −1,233,914 −$15M
Finch Therapeutics Group 0.01% Exit 0 $0.3928 $793K −2,019,008 −$793K
Holding — Exit 0 — — −2 $—

Weight bar: held both quarters added sold at this quarter’s reported price

* Reported price is value ÷ shares from the 13F as of period end, not a live market quote. Weight % is each long-equity position ÷ full 13F AUM, so rows may not sum to 100% when the filing includes options or other non-equity (excluded from this table). Share change and $ change are vs 2023 Q1. Click a column header to sort, or New, Hold, Add or Reduce to bring those moves to the top. Exit opens the last-held block below.

Filings history

20 periods, with AUM normalized

Newest 13Fs
Period Holds AUM QoQ Form Filed Filing ID
2026 Q2 23 $5.4B +5.9% 13F-HR 8/13/2026 000106176826000010
2026 Q1 22 $5.1B −3.1% 13F-HR 5/14/2026 000106176826000007
2025 Q4 22 $5.3B +10.2% 13F-HR 2/13/2026 000106176826000005
2025 Q3 22 $4.8B +16.0% 13F-HR 11/13/2025 000106176825000007
2025 Q2 23 $4.1B +18.1% 13F-HR 8/13/2025 000106176825000005
2025 Q1 23 $3.5B +1.8% 13F-HR 5/14/2025 000106176825000003
2024 Q4 22 $3.4B −2.3% 13F-HR 2/13/2025 000106176825000002
2024 Q3 21 $3.5B −3.2% 13F-HR 11/13/2024 000106176824000005
2024 Q2 24 $3.6B −0.5% 13F-HR 8/13/2024 000156761924000363
2024 Q1 22 $3.7B −20.4% 13F-HR 5/14/2024 000156761924000317
2023 Q4 23 $4.6B −12.1% 13F-HR 2/13/2024 000156761924000192
2023 Q3 32 $5.2B −7.1% 13F-HR 11/13/2023 000156761923007709
2023 Q2 29 $5.6B −4.0% 13F-HR 8/11/2023 000156761923006910
2023 Q1 31 $5.8B −4.6% 13F-HR 5/12/2023 000156761923006061
2022 Q4 34 $6.1B +5.8% 13F-HR 2/13/2023 000156761923002543
2022 Q3 45 $5.8B −14.4% 13F-HR 11/14/2022 000156761922020125
2022 Q2 52 $6.8B −27.2% 13F-HR 8/12/2022 000156761922015853
2022 Q1 55 $9.3B −8.2% 13F-HR 5/13/2022 000156761922010529
2021 Q4 54 $10.1B −7.0% 13F-HR 2/11/2022 000156761922003626
2021 Q3 57 $10.9B — 13F-HR 11/12/2021 000156761921020056

About

Baupost Group LLC

20 processed 13Fs on this site, 2021 Q3 to 2026 Q2

Notable person
Seth Klarman
SEC filing name
BAUPOST GROUP LLC/MA
Location
Boston, MA
All SEC filings
View on sec.gov