Seth Klarman's Portfolio

Baupost Group 13F holdings

What is Seth Klarman's portfolio?

Baupost Group has disclosed a total of 22 security holdings in their (2026 Q1) SEC 13F filing(s) with portfolio value of $5,115,380,000.

What stocks does Seth Klarman own?

In Seth Klarman's portfolio as of 31 Mar 2026, the top 5 holdings are (AMZN) AMAZONCOM INC (12.70%), (QSR) RESTAURANT BRANDS INTERN (11.67%), (WCC) WESCO INTERNATIONAL INC (7.69%), (UNP) UNION PACIFIC CORP (7.31%) and (ANTM) ANTHEM INC (7.30%).

To see the historical data of Baupost Group's portfolio holdings please click on the "2026 Q1" dropdown menu and select the date.

To see Baupost Group's original 13F reports (2026 Q1), please click on the "important" button.

Portfolio value: $5,115M+
Period: 2026 Q1
Number of stock: 22
Update: 14 May 2026
Important
History
Ticker
Stock
% of
Portfolio
Shares*
Reported
Price*
% difference
Current Price
Value
% (shares)
Activity
% change to
Portfolio
GOOG
ALPHABET INC-CL C
6.62%
1,181,131
$286.86
27.50% $365.76
$338,819,000
+8.64% (+93,950)
+0.53%
AMZN
AMAZONCOM INC
12.70%
3,118,754
$208.27
18.13% $246.03
$649,543,000
+47.01% (+997,363)
+4.06%
COLD
AMERICOLD REALTY TRUST
1.74%
7,780,800
$11.46
28.36% $14.71
$89,168,000
+123.86% (+4,305,115)
+0.96%
ANTM
ANTHEM INC
7.30%
1,275,154
$292.75
-
$373,301,000
+0.46% (+5,852)
+0.03%
AON
AON PLC-CLASS A
4.85%
769,000
$322.78
1.78% $328.53
$248,218,000
buy
+4.85%
EXP
EAGLE MATERIALS INC
3.31%
892,763
$189.45
12.28% $212.72
$169,134,000
-24.68% (-292,485)
-1.08%
FERG
FERGUSON ENTERPRISES INC
6.58%
1,442,411
$233.26
-
$336,457,000
+26.86% (+305,376)
+1.39%
GDS
GDS HOLDINGS LTD - ADR
2.40%
3,044,818
$40.29
-
$122,676,000
GPC
GENUINE PARTS CO
3.08%
1,490,348
$105.75
7.19% $98.15
$157,604,000
+0.29% (+4,260)
+0.01%
AERO
GRUPO AEROMEXICO SAB DE CV
1.34%
4,880,188
$14.01
-
$68,371,000
+0.52% (+25,008)
+0.01%
HLF
HERBALIFE NUTRITION LTD
2.66%
9,259,844
$14.72
22.35% $11.43
$136,305,000
LBTYK
LIBERTY GLOBAL LTD-C
3.07%
13,397,247
$11.73
-
$157,150,000
-35.85% (-7,487,534)
-1.72%
MOH
MOLINA HEALTHCARE INC
1.65%
633,609
$133.30
43.18% $190.86
$84,460,000
+1.38% (+8,609)
+0.02%
NCLH
NORWEGIAN CRUISE LINE HOLDIN
1.33%
3,630,000
$18.70
0.27% $18.75
$67,881,000
buy
+1.33%
DNOW
NOW INC
0.84%
3,625,000
$11.91
11.08% $13.23
$43,174,000
buy
+0.84%
QSR
RESTAURANT BRANDS INTERN
11.67%
8,080,112
$73.91
1.69% $72.66
$597,208,000
TFX
TELEFLEX INC
3.73%
1,595,000
$119.61
8.55% $129.84
$190,778,000
buy
+3.73%
UNP
UNION PACIFIC CORP
7.31%
1,540,995
$242.62
12.24% $272.32
$373,876,000
-5.30% (-86,259)
-0.41%
PCVX
VAXCYTE INC
0.91%
800,000
$58.11
18.50% $47.36
$46,488,000
buy
+0.91%
V
VISA INC-CLASS A SHARES
4.14%
701,355
$302.24
7.06% $323.57
$211,978,000
buy
+4.14%
20 of 22

Completely sold out

History
Ticker
Stock
Sold
Shares*
% change to
Portfolio
CRH
CRH PLC
1,072,957
-2.62%
DG
DOLLAR GENERAL CORP
2,062,821
-5.35%
FIS
FIDELITY NATIONAL INFO SERV
4,503,801
-5.85%
FISV
FISERV INC
2,200,000
-2.89%
LBTYA
LIBERTY GLOBAL LTD-A
2,080,456
-0.45%
TBN
TAMBORAN RESOURCES CORP
257,226
-0.14%

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.