Seth Klarman - Baupost Group 13F Activity & Position Changes (Q2 2015)

As of Jun 30, 2015, the Baupost Group portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on May 14, 2026. 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 2015, the filing reported:

New Buys - None reported

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

Reductions - Antero Resources Corporation

Complete Exits - None reported

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 2015	AR Antero Resources Corporation	Antero Resources Corporation	Sell	-1,324,837	-14.2%	$275.50K	8,022,863
Q2 2015	LNG Cheniere Energy, Inc.	Cheniere Energy, Inc.	Buy	+1,558,000	+11.3%	$1.06M	15,365,230
Q2 2015	PBF PBF Energy Inc.	PBF Energy Inc.	Buy	+2,361,886	+27.3%	$313.33K	11,025,000