Seth Klarman - Baupost Group 13F Activity & Position Changes (Q1 2022)

According to the SEC 13F filed on May 13, 2022, the Baupost Group portfolio showed several notable changes in holdings as of quarter-end Mar 31, 2022. The activity included new positions, additions to existing holdings, reductions, and complete exits, providing a clear view of how the portfolio evolved during the quarter.

During Q1 2022, the filing reported:

New Buys - BellRing Brands, Inc., Gray Television, Inc., Post Holdings, Inc.

Increases - Dropbox, Inc., Encompass Health Corporation, Fiserv, Inc., Alphabet Inc., Nuvation Bio Inc., and 1 more

Reductions - Advantage Solutions Inc., , Grab, Joby Aviation, , and 8 more

Complete Exits - Gen Digital Inc.

These updates highlight how the portfolio adjusted across different sectors and market conditions, offering insights into allocation shifts and investment trends.

Date	Symbol	Name	Type	Change Qty	% Change	Value	Remaining
Q1 2022	ADV Advantage Solutions Inc.	Advantage Solutions Inc.	Sell	-155,048	-1.3%	$74.28K	12,039,952
Q1 2022	AUROW		Sell	-13,450	-1.8%	$1.09K	736,550
Q1 2022	BRBR BellRing Brands, Inc.	BellRing Brands, Inc.	Buy - Position Entry	+479,583	-	$11.07K	479,583
Q1 2022	DBX Dropbox, Inc.	Dropbox, Inc.	Buy	+2,476,021	+30.6%	$245.78K	10,571,046
Q1 2022	EHC Encompass Health Corporation	Encompass Health Corporation	Buy	+2,283,900	+318.9%	$213.33K	3,000,000
Q1 2022	FI Fiserv, Inc.	Fiserv, Inc.	Buy	+938,391	+30.8%	$404.42K	3,988,391
Q1 2022	G4124C109 Grab	Grab	Sell	-297,120	-4.6%	$20.43K	6,105,101
Q1 2022	G65163100 Joby Aviation	Joby Aviation	Sell	-7,653,549	-79.6%	$13.02K	1,967,244
Q1 2022	GEN Gen Digital Inc.	Gen Digital Inc.	Sell - Position Exit	-5,780,000	-100.0%	$0.00	-
Q1 2022	GOOG Alphabet Inc.	Alphabet Inc.	Buy	+15,660	+6.9%	$681.18K	243,890
Q1 2022	GTN Gray Television, Inc.	Gray Television, Inc.	Buy - Position Entry	+1,290,916	-	$28.49K	1,290,916
Q1 2022	HIPO-WS		Sell	-515	-0.3%	$68.00	199,485
Q1 2022	INTC Intel Corporation	Intel Corporation	Sell	-1,444,519	-8.0%	$822.32K	16,592,431
Q1 2022	META Meta Platforms, Inc.	Meta Platforms, Inc.	Sell	-14,589	-1.5%	$215.67K	969,911
Q1 2022	MU Micron Technology, Inc.	Micron Technology, Inc.	Sell	-139,442	-4.3%	$242.31K	3,110,974
Q1 2022	NUVB Nuvation Bio Inc.	Nuvation Bio Inc.	Buy	+1,820,473	+21.1%	$54.93K	10,443,494
Q1 2022	NXST Nexstar Media Group, Inc.	Nexstar Media Group, Inc.	Sell	-564,400	-33.0%	$216.32K	1,147,692
Q1 2022	POST Post Holdings, Inc.	Post Holdings, Inc.	Buy - Position Entry	+378,284	-	$26.20K	378,284
Q1 2022	QRVO Qorvo, Inc.	Qorvo, Inc.	Buy	+699,968	+11.8%	$824.73K	6,645,712
Q1 2022	SSNC SS&C Technologies Holdings, Inc	SS&C Technologies Holdings, Inc	Sell	-49,443	-1.3%	$282.63K	3,767,449
Q1 2022	TMQ Trilogy Metals Inc.	Trilogy Metals Inc.	Sell	-582,981	-5.0%	$11.68K	11,125,566
Q1 2022	VRNT Verint Systems Inc.	Verint Systems Inc.	Sell	-1,547,389	-41.2%	$114.13K	2,207,576
Q1 2022	WTW Willis Towers Watson	Willis Towers Watson	Sell	-19,034	-1.5%	$290.78K	1,230,966