Seth Klarman13F · Q2 2026
Baupost Group Portfolio and 13F Holdings
As of Jun 30, 2026, filed Aug 13, 2026. The top 10 positions make up 74.9% of the reported portfolio.
$5.42MReported value
23Holdings
3New positions
2Positions closed
Holdings
| # | Stock | Value | % of total | vs. Q1 2026 |
|---|---|---|---|---|
| 1 | AMZN AMAZON COM INC | $892K | 16.48% | ▲ +20.0% |
| 2 | ELV ELEVANCE HEALTH INC FORMERLY | $493K | 9.11% | No change |
| 3 | QSR RESTAURANT BRANDS INTL INC | $490K | 9.04% | ▼ −16.4% |
| 4 | GOOG ALPHABET INC | $485K | 8.95% | ▲ +16.2% |
| 5 | FERG FERGUSON ENTERPRISES INC | $344K | 6.36% | ▲ +0.6% |
| 6 | GPC GENUINE PARTS CO | $332K | 6.13% | ▲ +89.0% |
| 7 | UNP UNION PAC CORP | $322K | 5.95% | ▼ −23.1% |
| 8 | V VISA INC | $241K | 4.44% | No change |
| 9 | WCC WESCO INTL INC | $229K | 4.23% | ▼ −53.9% |
| 10 | AON AON PLC | $228K | 4.21% | ▼ −10.7% |
| 11 | TFX TELEFLEX INCORPORATED | $179K | 3.30% | ▼ −11.7% |
| 12 | NCLH NORWEGIAN CRUISE LINE HLDGS | $163K | 3.01% | ▲ +112.9% |
| 13 | MOH MOLINA HEALTHCARE INC | $145K | 2.68% | No change |
| 14 | CME CME GROUP INC | $137K | 2.52% | ▲ New |
| 15 | HLF HERBALIFE LTD | $122K | 2.25% | No change |
| 16 | EXP EAGLE MATLS INC | $119K | 2.21% | ▼ −40.5% |
| 17 | GDS GDS HLDGS LTD | $113K | 2.09% | ▲ +23.8% |
| 18 | COLD AMERICOLD REALTY TRUST INC | $107K | 1.98% | ▼ −12.2% |
| 19 | LBTYK LIBERTY GLOBAL LTD | $94K | 1.74% | ▼ −36.2% |
| 20 | AERO GRUPO AEROMEXICO SAB DE CV | $88K | 1.62% | No change |
| 21 | AXTA AXALTA COATING SYS LTD | $44K | 0.81% | ▲ New |
| 22 | DNOW DNOW INC | $36K | 0.67% | ▼ −23.1% |
| 23 | PS PERSHING SQUARE INC | $13K | 0.24% | ▲ New |
Closed since Q1 2026
| Stock | Shares last quarter | Value last quarter |
|---|---|---|
| WTW WILLIS TOWERS WATSON PLC LTD | 893,126 | $260K |
| PCVX VAXCYTE INC | 800,000 | $46K |
Source: SEC Form 13F-HR, accession 0001061768-26-000010, retrieved Oct 28, 2026. How we read filings
A 13F shows long U.S. stock positions at quarter end only. It leaves out shorts, cash, bonds, most non-U.S. holdings and anything bought or sold since. Positions in listed options are not included in this table. What a 13F can't tell you →