Seth Klarman - Baupost Group 13F Activity & Position Changes (Q2 2014)

According to the SEC 13F filed on Aug 13, 2026, the Baupost Group portfolio showed several notable changes in holdings as of quarter-end Jun 30, 2014. 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 Q2 2014, the filing reported:

New Buys - Boyd Gaming Corporation, eBay Inc.

Increases - Cheniere Energy, Inc., PBF Energy Inc., ViaSat, Inc.

Reductions - None reported

Complete Exits - BP p.l.c.

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
Q2 2014	BP BP p.l.c.	BP p.l.c.	Sell - Position Exit	-3,166,413	-100.0%	$0.00	-
Q2 2014	BYD Boyd Gaming Corporation	Boyd Gaming Corporation	Buy - Position Entry	+2,794,630	-	$33.90K	2,794,630
Q2 2014	EBAY eBay Inc.	eBay Inc.	Buy - Position Entry	+4,436,300	-	$222.08K	4,436,300
Q2 2014	LNG Cheniere Energy, Inc.	Cheniere Energy, Inc.	Buy	+327,930	+5.8%	$429.33K	5,987,930
Q2 2014	PBF PBF Energy Inc.	PBF Energy Inc.	Buy	+178,680	+3.3%	$149.11K	5,595,286
Q2 2014	VSAT ViaSat, Inc.	ViaSat, Inc.	Buy	+137,237	+1.2%	$668.46K	11,533,137