Seth Klarman - Baupost Group 13F Activity & Position Changes (Q3 2020)

As of Sep 30, 2020, the Baupost Group portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on Nov 13, 2020. 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 2020, the filing reported:

New Buys - Applied Materials, Inc., Healthpeak Properties, Inc., Howmet Aerospace Inc., Micron Technology, Inc.

Increases - Pacific Gas & Electric Co., SS&C Technologies Holdings, Inc, Verint Systems Inc., ViaSat, Inc.

Reductions - eBay Inc., Fox Corporation, Alphabet Inc., HP Inc., Meta Platforms, Inc., and 2 more

Complete Exits - Akebia Therapeutics, Inc., Cencora, Inc., HCA Healthcare, Inc., Ventas, 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
Q3 2020	AKBA Akebia Therapeutics, Inc.	Akebia Therapeutics, Inc.	Sell - Position Exit	-15,000,000	-100.0%	$0.00	-
Q3 2020	AMAT Applied Materials, Inc.	Applied Materials, Inc.	Buy - Position Entry	+2,306,601	-	$137.13K	2,306,601
Q3 2020	COR Cencora, Inc.	Cencora, Inc.	Sell - Position Exit	-468,150	-100.0%	$0.00	-
Q3 2020	DOC Healthpeak Properties, Inc.	Healthpeak Properties, Inc.	Buy - Position Entry	+4,000,000	-	$108.60K	4,000,000
Q3 2020	EBAY eBay Inc.	eBay Inc.	Sell	-1,970,777	-6.1%	$1.57M	30,115,223
Q3 2020	FOXA Fox Corporation	Fox Corporation	Sell	-350,000	-1.3%	$750.65K	26,972,720
Q3 2020	GOOG Alphabet Inc.	Alphabet Inc.	Sell	-60,100	-28.0%	$227.17K	154,580
Q3 2020	HCA HCA Healthcare, Inc.	HCA Healthcare, Inc.	Sell - Position Exit	-1,000,000	-100.0%	$0.00	-
Q3 2020	HPQ HP Inc.	HP Inc.	Sell	-4,700,681	-26.1%	$252.57K	13,300,000
Q3 2020	HWM Howmet Aerospace Inc.	Howmet Aerospace Inc.	Buy - Position Entry	+4,603,800	-	$76.98K	4,603,800
Q3 2020	META Meta Platforms, Inc.	Meta Platforms, Inc.	Sell	-288,500	-33.9%	$147.45K	563,000
Q3 2020	MU Micron Technology, Inc.	Micron Technology, Inc.	Buy - Position Entry	+5,222,000	-	$245.22K	5,222,000
Q3 2020	PCG Pacific Gas & Electric Co.	Pacific Gas & Electric Co.	Buy	+25,955,158	+552.0%	$287.88K	30,657,601
Q3 2020	QRVO Qorvo, Inc.	Qorvo, Inc.	Sell	-102,200	-3.3%	$382.24K	2,962,886
Q3 2020	SSNC SS&C Technologies Holdings, Inc	SS&C Technologies Holdings, Inc	Buy	+2,887,993	+2055.3%	$183.28K	3,028,509
Q3 2020	VIST Vista Energy S.A.B. de C.V.	Vista Energy S.A.B. de C.V.	Sell	-1,544,809	-25.9%	$9.94K	4,416,900
Q3 2020	VRNT Verint Systems Inc.	Verint Systems Inc.	Buy	+1,673,672	+271.6%	$110.33K	2,290,000
Q3 2020	VSAT ViaSat, Inc.	ViaSat, Inc.	Buy	+2,556,891	+18.6%	$560.18K	16,288,959
Q3 2020	VTR Ventas, Inc.	Ventas, Inc.	Sell - Position Exit	-550,000	-100.0%	$0.00	-