Baupost's Top Holdings: Amazon, WESCO Lead March 2026 Portfolio Changes

As of March 31, 2026, Seth Klarman's Baupost Group portfolio, valued at approximately $5.05 million, showed notable shifts in its top holdings. Klarman, known for his value-oriented investment approach, adjusted his positions across various sectors, with some stocks seeing substantial increases in shares while others were trimmed.

The largest observable change was in Amazon.com Inc. (AMZN), where Baupost increased its holdings by 47.01% in terms of shares, significantly boosting its position. This move suggests confidence in the company's long-term prospects despite recent market volatility. Investors can explore Baupost's stake in Amazon further here: https://www.insiderset.com/investors/stocks/AMZN.

WESCO International Inc. (WCC) also saw a steady increase, albeit more modest, with a 1.27% change in shares. Union Pacific Corp. (UNP) experienced a slight decrease of 5.3% in its share count, reflecting a minor adjustment in Baupost's industrial sector exposure. Willis Towers Watson PLC (WTW) faced a significant reduction, with a 34.21% decrease in shares, indicating a strategic shift away from this insurer.

Among the most notable additions were AON PLC (AON) and Visa Inc. (V), both acquired entirely new positions (100% change in shares). Baupost also bolstered its stake in Alphabet Inc. (GOOG), commonly referred to as Google, increasing its position by 8.64%. These moves into the Financial Services and Communication Services sectors highlight diversification efforts.

Furthermore, Elevance Health (ELV) and Ferguson Enterprises Inc. (FERG) saw incremental increases, adding to Baupost's holdings in Healthcare and Industrials. Conversely, Teleflex Incorporated (TFX) was added as a new holding, albeit with a smaller allocation.

For a complete view of Seth Klarman and Baupost Group's investment profile, visit their profile page: https://www.insiderset.com/investor/seth-klarman-baupost-group.