Seth Klarman - Baupost Group 13F Activity & Position Changes (Q3 2024)

As of Sep 30, 2024, the Baupost Group portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on Nov 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 Q3 2024, the filing reported:

New Buys - Dollar General Corporation, Liberty Broadband Corporation, Liberty Broadband Corporation, Restaurant Brands International, Tamboran Resources Corporation

Increases - Eagle Materials Inc, Alphabet Inc., WESCO International, Inc., Willis Towers Watson

Reductions - CRH, Fidelity National Information S, Fortrea Holdings Inc., Jacobs Solutions Inc., ViaSat, Inc.

Complete Exits - Capri Holdings, Humana Inc., , , VeriSign, Inc., and 1 more

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 2024	CPRI Capri Holdings	Capri Holdings	Sell - Position Exit	-1,000,000	-100.0%	$0.00	-
Q3 2024	CRH CRH	CRH	Sell	-1,590,000	-37.6%	$244.52K	2,636,602
Q3 2024	DG Dollar General Corporation	Dollar General Corporation	Buy - Position Entry	+2,303,800	-	$194.83K	2,303,800
Q3 2024	EXP Eagle Materials Inc	Eagle Materials Inc	Buy	+158,171	+46.2%	$143.90K	500,273
Q3 2024	FIS Fidelity National Information S	Fidelity National Information S	Sell	-2,537,794	-72.3%	$81.36K	971,460
Q3 2024	FTRE Fortrea Holdings Inc.	Fortrea Holdings Inc.	Sell	-847,193	-27.0%	$45.86K	2,293,167
Q3 2024	GOOG Alphabet Inc.	Alphabet Inc.	Buy	+396,000	+37.0%	$245.03K	1,465,588
Q3 2024	HUM Humana Inc.	Humana Inc.	Sell - Position Exit	-420,000	-100.0%	$0.00	-
Q3 2024	J Jacobs Solutions Inc.	Jacobs Solutions Inc.	Sell	-143,537	-29.0%	$45.90K	350,681
Q3 2024	LBRDA Liberty Broadband Corporation	Liberty Broadband Corporation	Buy - Position Entry	+7,560	-	$581.00	7,560
Q3 2024	LBRDK Liberty Broadband Corporation	Liberty Broadband Corporation	Buy - Position Entry	+170,610	-	$13.19K	170,610
Q3 2024	LSXMA		Sell - Position Exit	-600,194	-100.0%	$0.00	-
Q3 2024	LSXMK		Sell - Position Exit	-1,058,616	-100.0%	$0.00	-
Q3 2024	QSR Restaurant Brands International	Restaurant Brands International	Buy - Position Entry	+28,294	-	$2.04K	28,294
Q3 2024	TBN Tamboran Resources Corporation	Tamboran Resources Corporation	Buy - Position Entry	+570,833	-	$11.60K	570,833
Q3 2024	VRSN VeriSign, Inc.	VeriSign, Inc.	Sell - Position Exit	-105,764	-100.0%	$0.00	-
Q3 2024	VSAT ViaSat, Inc.	ViaSat, Inc.	Sell	-1,536,774	-11.2%	$145.94K	12,222,590
Q3 2024	WCC WESCO International, Inc.	WESCO International, Inc.	Buy	+455,000	+56.7%	$211.32K	1,258,000
Q3 2024	WSC WillScot Holdings Corporation	WillScot Holdings Corporation	Sell - Position Exit	-2,470,000	-100.0%	$0.00	-
Q3 2024	WTW Willis Towers Watson	Willis Towers Watson	Buy	+128,558	+7.8%	$524.62K	1,781,206