Baupost Group (Seth Klarman)Superinvestor
About Baupost Group (Seth Klarman)’s 13F portfolio
Baupost Group (Seth Klarman) is an institutional investment manager that discloses its US-listed holdings each quarter through an SEC Form 13F filing. As of , Baupost Group (Seth Klarman) reported $5.1M across 22 US-listed positions (). Its largest position is AMAZON COM INC (AMZN) at 13% of the reported book, and its ten biggest holdings make up 74% of the portfolio. Browse every manager in the fund managers directory, or see the legendary investors we track on the superinvestors page.
| # | Stock | Price | % of portfolio | Shares | Value |
|---|---|---|---|---|---|
| 1 |  AMZN AMAZON COM INC | $231.39 −0.31% | 13% | 3.1M | $650K |
| 2 |  QSR RESTAURANT BRANDS INTL INC | $74.41 +2.68% | 12% | 8.1M | $597K |
| 3 |  WCC WESCO INTL INC | $338.13 +1.70% | 7.7% | 1.4M | $393K |
| 4 |  UNP UNION PAC CORP | $299.30 −2.61% | 7.3% | 1.5M | $374K |
| 5 |  ELV ELEVANCE HEALTH INC FORMERLY | $378.36 +0.18% | 7.3% | 1.3M | $373K |
| 6 |  GOOG ALPHABET INC | $326.57 +2.34% | 6.6% | 1.2M | $339K |
| 7 |  FERG FERGUSON ENTERPRISES INC | $234.10 +1.49% | 6.6% | 1.4M | $336K |
| 8 |  WTW WILLIS TOWERS WATSON PLC LTD | $302.64 +2.55% | 5.1% | 893K | $260K |
| 9 |  AON AON PLC | $367.17 +1.51% | 4.9% | 769K | $248K |
| 10 |  V VISA INC | $362.53 +1.91% | 4.1% | 701K | $212K |
| 11 |  TFX TELEFLEX INCORPORATED | $131.05 −0.79% | 3.7% | 1.6M | $191K |
| 12 |  EXP EAGLE MATLS INC | $216.69 +1.47% | 3.3% | 893K | $169K |
| 13 |  GPC GENUINE PARTS CO | $127.70 +2.81% | 3.1% | 1.5M | $158K |
| 14 |  LBTYK LIBERTY GLOBAL LTD | $9.59 −0.10% | 3.1% | 13.4M | $157K |
| 15 |  HLF HERBALIFE LTD | $12.18 +2.44% | 2.7% | 9.3M | $136K |
| 16 |  GDS GDS HLDGS LTD | $31.37 −0.82% | 2.4% | 3.0M | $123K |
| 17 |  COLD AMERICOLD REALTY TRUST INC | $14.63 +2.16% | 1.7% | 7.8M | $89K |
| 18 |  MOH MOLINA HEALTHCARE INC | $199.48 +0.98% | 1.7% | 634K | $84K |
| 19 |  AERO GRUPO AEROMEXICO SAB DE CV | $15.26 +1.94% | 1.3% | 4.9M | $68K |
| 20 |  NCLH NORWEGIAN CRUISE LINE HLDGS | $20.03 +3.41% | 1.3% | 3.6M | $68K |
| 21 |  PCVX VAXCYTE INC | $55.50 +1.54% | 0.9% | 800K | $46K |
| 22 |  DNOW DNOW INC | $14.19 −1.53% | 0.8% | 3.6M | $43K |
Showing the 22 largest positions reported in this 13F.
Tiles are sized by portfolio weight and coloured by sector; the “est.” figure on each tile is the estimated dividend- and split-adjusted return since the first reported quarter — not the manager’s profit or cost basis.
“Est. return” = estimated dividend/split-adjusted return since the first reported quarter — not the manager’s profit or cost basis.
- Consumer Cyclical29%
- Industrials22%
- Financial Services14%
- Healthcare14%
- Communication Services9.7%
- Basic Materials3.3%
- Consumer Defensive2.7%
- Technology2.4%
- Real Estate1.7%
- Unclassified1.3%
How this return is calculated
Estimated dividend- and split-adjusted return from the end of the first consecutive reported quarter in which the current holding appears in Bullish Whales’ 13F history, through the manager’s latest reported quarter. Current disclosed holdings only. Start dates differ by holding, changes in position size are not modeled, and positions no longer reported are excluded. Not the manager’s cost basis, purchase date, realized profit or loss, live performance, or portfolio performance.
- AddedAMZNAMAZON COM INC+47.0%$650K
- AddedWCCWESCO INTL INC+1.3%$393K
- AddedELVELEVANCE HEALTH INC FORMERLY+0.5%$373K
- AddedGOOGALPHABET INC+8.6%$339K
- AddedFERGFERGUSON ENTERPRISES INC+26.9%$336K
- NewAONAON PLC—$248K
- NewVVISA INC—$212K
- NewTFXTELEFLEX INCORPORATED—$191K
- AddedGPCGENUINE PARTS CO+0.3%$158K
- AddedCOLDAMERICOLD REALTY TRUST INC+124%$89K
- ReducedUNPUNION PAC CORP−5.3%$374K
- ReducedWTWWILLIS TOWERS WATSON PLC LTD−34.2%$260K
- ReducedEXPEAGLE MATLS INC−24.7%$169K
- ReducedLBTYKLIBERTY GLOBAL LTD−35.9%$157K
- SoldFISFIDELITY NATL INFORMATION SV−100%—
- SoldDGDOLLAR GEN CORP NEW−100%—
- SoldFISVFISERV INC−100%—
- SoldCRHCRH PLC−100%—
- SoldLBTYALIBERTY GLOBAL LTD−100%—
- SoldTBNTAMBORAN RES CORP−100%—
Reading Baupost Group (Seth Klarman)’s 13F portfolio
Baupost Group (Seth Klarman)’s $5.1M 13F book is spread across 22 reported positions and is highly concentrated — its ten largest positions alone are 74% of the portfolio. A book this concentrated means a small group of names drives most of its performance. Its five largest positions are AMZN, QSR, WCC, UNP and ELV, led by AMAZON COM INC (AMZN) at 13% of the portfolio. The heaviest sector exposure is Consumer Cyclical (29%), then Industrials (22%).
What Baupost Group (Seth Klarman) changed last quarter
Between 2025-12-31 and Q1 2026, Baupost Group (Seth Klarman) was a net buyer: it opened 6 new positions and added to 9 more, while trimming 4 and closing 6 outright. Against a 22-name book, that is high turnover, pointing to an active reshuffle of the book. Its largest new or increased position was AMAZON COM INC (AMZN), and its biggest reduction was UNION PAC CORP (UNP).
What a 13F does and doesn’t reveal
A 13F captures only Baupost Group (Seth Klarman)’s long positions in US-listed stocks at a single quarter-end, so it is best read as a lagged snapshot rather than a live portfolio. It won’t show shorts, cash, bonds, or holdings listed outside the US, and it never reveals the price paid or the reasoning behind a trade. The signal is in the pattern over time: which names Baupost Group (Seth Klarman) is building up, trimming, or exiting, and how concentrated the book stays from quarter to quarter.
Frequently asked questions
What is an SEC 13F filing?
A Form 13F is a report that every institutional investment manager with at least $100 million in US-listed securities must file with the SEC within 45 days of each quarter's end. It lists the manager's long positions in US-listed stocks and certain options, with the share count and market value of each. Baupost Group (Seth Klarman)'s profile on this page is built directly from those filings.
How current is the 13F data on Baupost Group (Seth Klarman)'s page?
It reflects Baupost Group (Seth Klarman)'s most recently filed 13F, currently the quarter ending Q1 2026. Because managers have up to 45 days after a quarter closes to file, a 13F is always a slightly lagged view rather than a live portfolio. When Baupost Group (Seth Klarman) files its next quarterly report, this page refreshes automatically.
Can I see Baupost Group (Seth Klarman)'s complete list of holdings?
This page highlights Baupost Group (Seth Klarman)'s largest positions rather than all 22 names in the filing. The complete, position-by-position 13F is public and available from the SEC's EDGAR database under Baupost Group (Seth Klarman)'s filings.
Does a 13F show everything Baupost Group (Seth Klarman) owns?
No. A 13F only covers long positions in US-listed stocks and certain options. It leaves out short positions, cash, bonds, commodities, foreign-listed stocks, and private holdings, so it is a partial view of Baupost Group (Seth Klarman)'s book rather than its full strategy or total assets.
Is 13F data investment advice?
No. Everything here is educational. 13F positions are disclosed with a delay, cover only long US-listed holdings, and never explain why Baupost Group (Seth Klarman) made a trade or at what price. Treat it as a research lens, not a recommendation, and speak with a licensed financial advisor before making investment decisions.
Not investment advice. Holdings data comes from public SEC Form 13F filings, which are filed with a delay of up to 45 days and may be amended later. It describes historical, disclosed positions in US-listed securities only, meaning no shorts, cash, or foreign holdings, and it is not a recommendation. Always do your own research and speak with a licensed financial advisor before making investment decisions.