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 |
|---|---|---|---|
Q3 2024Sep 30, 2024 | WTW Willis Towers Watson | Buy | +128,558+7.8% |
Q3 2024Sep 30, 2024 | QSR Restaurant Brands International | Buy - Position Entry | +28,294 |
Q3 2024Sep 30, 2024 | LBRDA Liberty Broadband Corporation | Buy - Position Entry | +7,560 |
Q3 2024Sep 30, 2024 | VRSN VeriSign, Inc. | Sell - Position Exit | -105,764-100.0% |
Q3 2024Sep 30, 2024 | J Jacobs Solutions Inc. | Sell | -143,537-29.0% |
Q3 2024Sep 30, 2024 | HUM Humana Inc. | Sell - Position Exit | -420,000-100.0% |
Q3 2024Sep 30, 2024 | LSXMA | Sell - Position Exit | -600,194-100.0% |
Q3 2024Sep 30, 2024 | FTRE Fortrea Holdings Inc. | Sell | -847,193-27.0% |
Q3 2024Sep 30, 2024 | CPRI Capri Holdings | Sell - Position Exit | -1,000,000-100.0% |
Q3 2024Sep 30, 2024 | LSXMK | Sell - Position Exit | -1,058,616-100.0% |
Q3 2024Sep 30, 2024 | VSAT ViaSat, Inc. | Sell | -1,536,774-11.2% |
Q3 2024Sep 30, 2024 | CRH CRH | Sell | -1,590,000-37.6% |
Q3 2024Sep 30, 2024 | WSC WillScot Holdings Corporation | Sell - Position Exit | -2,470,000-100.0% |
Q3 2024Sep 30, 2024 | FIS Fidelity National Information S | Sell | -2,537,794-72.3% |
Q2 2024Jun 30, 2024 | G4412G101 Herbalife | Buy | +2,879,603+128.3% |
Q2 2024Jun 30, 2024 | FTRE Fortrea Holdings Inc. | Buy | +2,836,563+933.7% |
Q2 2024Jun 30, 2024 | WSC WillScot Holdings Corporation | Buy - Position Entry | +2,470,000 |
Q2 2024Jun 30, 2024 | SOLV Solventum Corporation | Buy - Position Entry | +1,820,000 |
Q2 2024Jun 30, 2024 | GDS GDS Holdings Limited | Buy | +1,649,952+63.5% |
Q2 2024Jun 30, 2024 | CRH CRH | Buy | +1,517,059+56.0% |
Q2 2024Jun 30, 2024 | CPRI Capri Holdings | Buy - Position Entry | +1,000,000 |
Q2 2024Jun 30, 2024 | WCC WESCO International, Inc. | Buy | +597,276+290.3% |
Q2 2024Jun 30, 2024 | HUM Humana Inc. | Buy - Position Entry | +420,000 |
Q2 2024Jun 30, 2024 | VRSN VeriSign, Inc. | Buy - Position Entry | +105,764 |
Q2 2024Jun 30, 2024 | WTW Willis Towers Watson | Buy | +96,981+6.2% |
Q2 2024Jun 30, 2024 | EXP Eagle Materials Inc | Buy | +80,102+30.6% |
Q2 2024Jun 30, 2024 | J Jacobs Solutions Inc. | Sell | -12,568-2.5% |
Q2 2024Jun 30, 2024 | SOUN SoundHound AI, Inc. | Sell - Position Exit | -1,130,636-100.0% |
Q2 2024Jun 30, 2024 | VSAT ViaSat, Inc. | Sell | -1,271,474-8.5% |
Q2 2024Jun 30, 2024 | GOOG Alphabet Inc. | Sell | -1,888,064-63.8% |