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

According to the SEC 13F filed on Aug 13, 2024, the Baupost Group portfolio showed several notable changes in holdings as of quarter-end Jun 30, 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