Seth Klarman - Baupost Group 13F Activity & Position Changes (Q3 2015)

As of Sep 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 Q3 2015, the filing reported:

New Buys - AerCap, Olin Corporation, PayPal Holdings, Inc., Sunrun Inc.

Increases - Antero Resources Corporation, Cheniere Energy, Inc.

Reductions - Micron Technology, Inc.

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
Q3 2015	AER AerCap	AerCap	Buy - Position Entry	+2,450,000	-	$93.69K	2,450,000
Q3 2015	AR Antero Resources Corporation	Antero Resources Corporation	Buy	+8,076,900	+100.7%	$340.67K	16,099,763
Q3 2015	LNG Cheniere Energy, Inc.	Cheniere Energy, Inc.	Buy	+7,304,500	+47.5%	$1.09M	22,669,730
Q3 2015	MU Micron Technology, Inc.	Micron Technology, Inc.	Sell	-18,706,035	-94.9%	$14.98K	1,000,000
Q3 2015	OLN Olin Corporation	Olin Corporation	Buy - Position Entry	+7,000,000	-	$117.67K	7,000,000
Q3 2015	PYPL PayPal Holdings, Inc.	PayPal Holdings, Inc.	Buy - Position Entry	+10,904,852	-	$338.49K	10,904,852
Q3 2015	RUN Sunrun Inc.	Sunrun Inc.	Buy - Position Entry	+1,170,910	-	$12.14K	1,170,910