Seth Klarman - Baupost Group Portfolio Position Sizes (Q1 2026)

As of Mar 31, 2026, the Baupost Group portfolio balances reported a total equity value of $5.12M across 22 publicly traded holdings. These balances reflect the most recent SEC 13F filing dated May 14, 2026, providing an updated snapshot of assets under management.

The portfolio balances highlight AMAZON COM INC (AMZN) as the single largest position, accounting for 12.7% of total equity value, followed by RESTAURANT BRANDS INTL INC (QSR), WESCO INTL INC (WCC), UNION PAC CORP (UNP), and others. Collectively, the top five holdings represent 46.7% of the portfolio, showing how capital is distributed among core positions and long-term investments.