Seth Klarman - Baupost Group 13F Activity & Position Changes (Q4 2014)

As of Dec 31, 2014, 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 Q4 2014, the filing reported:

New Buys - None reported

Increases - Antero Resources Corporation, eBay Inc., Cheniere Energy, Inc., PBF Energy Inc.

Reductions - Micron Technology, Inc.

Complete Exits - Boyd Gaming Corporation

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
Q4 2014	AR Antero Resources Corporation	Antero Resources Corporation	Buy	+5,088,321	+184.4%	$318.46K	7,847,831
Q4 2014	BYD Boyd Gaming Corporation	Boyd Gaming Corporation	Sell - Position Exit	-979,476	-100.0%	$0.00	-
Q4 2014	EBAY eBay Inc.	eBay Inc.	Buy	+3,218,293	+52.8%	$522.76K	9,315,000
Q4 2014	LNG Cheniere Energy, Inc.	Cheniere Energy, Inc.	Buy	+2,608,200	+23.3%	$972.03K	13,807,230
Q4 2014	MU Micron Technology, Inc.	Micron Technology, Inc.	Sell	-31,949,399	-61.9%	$689.91K	19,706,035
Q4 2014	PBF PBF Energy Inc.	PBF Energy Inc.	Buy	+1,517,696	+21.2%	$230.78K	8,663,114