Seth Klarman - Baupost Group 13F Activity & Position Changes (Q2 2024)

As of Jun 30, 2024, the Baupost Group portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on Aug 13, 2024. 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 2024, the filing reported:

New Buys - Capri Holdings, Humana Inc., Solventum Corporation, VeriSign, Inc., WillScot Holdings Corporation

Increases - CRH, Eagle Materials Inc, Fortrea Holdings Inc., Herbalife, GDS Holdings Limited, and 2 more

Reductions - Fidelity National Information S, Alphabet Inc., Jacobs Solutions Inc., , , and 1 more

Complete Exits - Altice USA, Inc., SoundHound AI, Inc., Warner Bros. Discovery, 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
Q2 2024	ATUS Altice USA, Inc.	Altice USA, Inc.	Sell - Position Exit	-4,774,615	-100.0%	$0.00	-
Q2 2024	CPRI Capri Holdings	Capri Holdings	Buy - Position Entry	+1,000,000	-	$33.08K	1,000,000
Q2 2024	CRH CRH	CRH	Buy	+1,517,059	+56.0%	$316.91K	4,226,602
Q2 2024	EXP Eagle Materials Inc	Eagle Materials Inc	Buy	+80,102	+30.6%	$74.39K	342,102
Q2 2024	FIS Fidelity National Information S	Fidelity National Information S	Sell	-2,069,715	-37.1%	$264.46K	3,509,254
Q2 2024	FTRE Fortrea Holdings Inc.	Fortrea Holdings Inc.	Buy	+2,836,563	+933.7%	$73.30K	3,140,360
Q2 2024	G4412G101 Herbalife	Herbalife	Buy	+2,879,603	+128.3%	$53.24K	5,124,526
Q2 2024	GDS GDS Holdings Limited	GDS Holdings Limited	Buy	+1,649,952	+63.5%	$39.48K	4,249,952
Q2 2024	GOOG Alphabet Inc.	Alphabet Inc.	Sell	-1,888,064	-63.8%	$196.18K	1,069,588
Q2 2024	HUM Humana Inc.	Humana Inc.	Buy - Position Entry	+420,000	-	$156.93K	420,000
Q2 2024	J Jacobs Solutions Inc.	Jacobs Solutions Inc.	Sell	-12,568	-2.5%	$69.05K	494,218
Q2 2024	LSXMA		Sell	-2,077,462	-77.6%	$13.29K	600,194
Q2 2024	LSXMK		Sell	-3,292,432	-75.7%	$23.46K	1,058,616
Q2 2024	SOLV Solventum Corporation	Solventum Corporation	Buy - Position Entry	+1,820,000	-	$96.24K	1,820,000
Q2 2024	SOUN SoundHound AI, Inc.	SoundHound AI, Inc.	Sell - Position Exit	-1,130,636	-100.0%	$0.00	-
Q2 2024	VRSN VeriSign, Inc.	VeriSign, Inc.	Buy - Position Entry	+105,764	-	$18.80K	105,764
Q2 2024	VSAT ViaSat, Inc.	ViaSat, Inc.	Sell	-1,271,474	-8.5%	$174.74K	13,759,364
Q2 2024	WBD Warner Bros. Discovery, Inc. -	Warner Bros. Discovery, Inc. -	Sell - Position Exit	-3,713,930	-100.0%	$0.00	-
Q2 2024	WCC WESCO International, Inc.	WESCO International, Inc.	Buy	+597,276	+290.3%	$127.29K	803,000
Q2 2024	WSC WillScot Holdings Corporation	WillScot Holdings Corporation	Buy - Position Entry	+2,470,000	-	$92.97K	2,470,000
Q2 2024	WTW Willis Towers Watson	Willis Towers Watson	Buy	+96,981	+6.2%	$433.23K	1,652,648