Seth Klarman's Portfolio

Baupost Group · $5.42B disclosed · 23 positions

As of Jun 30, 2026 (filed Aug 13, 2026) — quarterly Form 13F, U.S.-listed long positions and listed options only.

#PositionValue% PortShares / PrnΔ QoQ
1AMAZON COM INC$892.3M16.5%3,743,854+20%
2ELEVANCE HEALTH INC FORMERLY$493.1M9.1%1,275,154
3RESTAURANT BRANDS INTL INC$489.6M9%6,753,112-16%
4ALPHABET INC$484.7M9%1,371,931+16%
5
FERGUSON ENTERPRISES INC
$344.3M6.4%1,450,594+0.6%
6GENUINE PARTS CO$332.3M6.1%2,816,178+89%
7
UNION PAC CORP
$322.4M6%1,185,395-23%
8VISA INC$240.6M4.4%701,355
9WESCO INTL INC$229.0M4.2%662,881-54%
10AON PLC$227.9M4.2%687,000-11%
11
TELEFLEX INCORPORATED
$178.6M3.3%1,409,000-12%
12NORWEGIAN CRUISE LINE HLDGS$163.2M3%7,730,000+113%
13MOLINA HEALTHCARE INC$144.9M2.7%633,609
14CME GROUP INC$136.7M2.5%619,000NEW
15HERBALIFE LTD$121.8M2.2%9,259,844
16
EAGLE MATLS INC
$119.4M2.2%530,763-41%
17GDS HLDGS LTD$113.2M2.1%3,769,818+24%
18AMERICOLD REALTY TRUST INC$107.4M2%6,830,230-12%
19LIBERTY GLOBAL LTD$94.0M1.7%8,543,161-36%
20
GRUPO AEROMEXICO SAB DE CV
$87.8M1.6%4,880,188
21
AXALTA COATING SYS LTD
$43.6M0.8%1,274,356NEW
22DNOW INC$36.2M0.7%2,788,000-23%
23PERSHING SQUARE INC$12.9M0.2%392,000NEW

Exited since Mar 31, 2026

WTWPCVX

Built from the firm's public quarterly Form 13F filings. 13F reports cover reportable U.S.-listed long positions and listed options only, are published up to 45 days after quarter end, and exclude short positions, most non-U.S. holdings, and other instruments — so this is a delayed, partial view by design. Nothing here is investment advice.