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Fund Managers/Baupost Group

Seth Klarman's Portfolio: Baupost Group 13F Holdings

Quarterly SEC 13F-HR filings · CIK 0001061768

Reported value $5.1B
Positions 22

Latest filing in plain English

As of the Q1 2026 13F filing (filed 2026-05-14), Seth Klarman's Baupost Group reported $5.1B across 22 disclosed US equity positions. The largest holdings: AMZN (12.7%), QSR (11.7%), WCC (7.7%), UNP (7.3%), ELV (7.3%). During the quarter the fund opened 6 new positions, exited 6, added to 6, and trimmed 4 — 32.6% turnover.

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Holdings

Q1 2026Filed May 14, 2026
6 New6 Increased4 Reduced6 Exited32.6% Turnover
#TickerValueWeight
1AMZN$649.5M12.7%
2QSR$597.2M11.67%
3WCC$393.2M7.69%
4UNP$373.9M7.31%
5ELV$373.3M7.3%
6GOOG$338.8M6.62%
7FERG$336.5M6.58%
8$259.6M5.08%
9AON$248.2M4.85%
10V$212.0M4.14%
11TFX$190.8M3.73%
12EXP$169.1M3.31%
13GPC$157.6M3.08%
14$157.2M3.07%
15$136.3M2.66%
16GDS$122.7M2.4%
17COLD$89.2M1.74%
18MOH$84.5M1.65%
19AERO$68.4M1.34%
20$67.9M1.33%
21PCVX$46.5M0.91%
22DNOW$43.2M0.84%

Source: SEC EDGAR 13F-HR filings, parsed quarterly. 13F filings disclose US-listed long positions (and listed options) of institutional managers with ≥$100M AUM, filed up to 45 days after quarter-end — they exclude shorts, bonds, foreign-listed shares, and anything bought since the report date. Tickers resolved from CUSIPs via OpenFIGI with manual corrections. Not investment advice.