Seth Klarman – Baupost Group Portfolio Activity & Recent Trades (Jun 30, 2025)
As of Jun 30, 2025, the Baupost Group portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on Aug 13, 2025. 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 Q2 2025, the filing reported:
Increases – CRH (CRH), Liberty Broadband Corporation (LBRDK), Dollar General Corporation (DG), Alphabet Inc. (GOOG), Elevance Health, Inc. (ELV), and 4 more
These updates highlight how the portfolio adjusted across different sectors and market conditions, offering insights into allocation shifts and investment trends.
Baupost Group Activity
| Date | Symbol | Type | Quantity |
|---|---|---|---|
Q1 2022Mar 31, 2022 | TMQ Trilogy Metals Inc. | Sell | -582,981-5.0% |
Q1 2022Mar 31, 2022 | INTC Intel Corporation | Sell | -1,444,519-8.0% |
Q1 2022Mar 31, 2022 | VRNT Verint Systems Inc. | Sell | -1,547,389-41.2% |
Q1 2022Mar 31, 2022 | GEN Gen Digital Inc. | Sell - Position Exit | -5,780,000-100.0% |
Q1 2022Mar 31, 2022 | G65163100 Joby Aviation | Sell | -7,653,549-79.6% |
Q4 2021Dec 31, 2021 | G4124C109 Grab | Buy - Position Entry | +6,402,221 |
Q4 2021Dec 31, 2021 | GEN Gen Digital Inc. | Buy - Position Entry | +5,780,000 |
Q4 2021Dec 31, 2021 | FI Fiserv, Inc. | Buy - Position Entry | +3,050,000 |
Q4 2021Dec 31, 2021 | QRVO Qorvo, Inc. | Buy | +861,278+16.9% |
Q4 2021Dec 31, 2021 | AUROW | Buy - Position Entry | +750,000 |
Q4 2021Dec 31, 2021 | EHC Encompass Health Corporation | Buy - Position Entry | +716,100 |
Q4 2021Dec 31, 2021 | WTW Willis Towers Watson | Buy | +250,000+25.0% |
Q4 2021Dec 31, 2021 | VRNT Verint Systems Inc. | Buy | +226,481+6.4% |
Q4 2021Dec 31, 2021 | GOOG Alphabet Inc. | Sell | -62,700-21.6% |
Q4 2021Dec 31, 2021 | CGEM Cullinan Therapeutics, Inc. | Sell | -300,000-16.3% |
Q4 2021Dec 31, 2021 | NXST Nexstar Media Group, Inc. | Sell | -333,908-16.3% |
Q4 2021Dec 31, 2021 | G65163100 Joby Aviation | Sell | -379,207-3.8% |
Q4 2021Dec 31, 2021 | TMQ Trilogy Metals Inc. | Sell | -474,021-3.9% |
Q4 2021Dec 31, 2021 | META Meta Platforms, Inc. | Sell | -562,500-36.4% |
Q4 2021Dec 31, 2021 | DBX Dropbox, Inc. | Sell | -1,192,475-12.8% |
Q4 2021Dec 31, 2021 | IFF International Flavors & Fragran | Sell - Position Exit | -1,242,483-100.0% |
Q4 2021Dec 31, 2021 | INTC Intel Corporation | Sell | -1,708,000-8.7% |
Q4 2021Dec 31, 2021 | MU Micron Technology, Inc. | Sell | -3,913,000-54.6% |
Q4 2021Dec 31, 2021 | EBAY eBay Inc. | Sell - Position Exit | -5,982,667-100.0% |
Q4 2021Dec 31, 2021 | PCG Pacific Gas & Electric Co. | Sell - Position Exit | -7,216,458-100.0% |
Q3 2021Sep 30, 2021 | G65163100 Joby Aviation | Buy - Position Entry | +10,000,000 |
Q3 2021Sep 30, 2021 | DBX Dropbox, Inc. | Buy - Position Entry | +9,287,500 |
Q3 2021Sep 30, 2021 | OB Outbrain Inc. | Buy - Position Entry | +792,000 |
Q3 2021Sep 30, 2021 | SSNC SS&C Technologies Holdings, Inc | Buy | +500,000+15.1% |
Q3 2021Sep 30, 2021 | VRNT Verint Systems Inc. | Buy | +488,686+16.1% |