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

As of Mar 31, 2022, the Baupost Group portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on May 13, 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