Seth Klarman - Baupost Group Portfolio Holdings (Jun 30, 2025)

As of Jun 30, 2025, the Baupost Group portfolio holdings is valued at approximately $4.13M, featuring 23 publicly traded holdings. This in-depth profile highlights the top investments led by ALPHABET INC (GOOG), WESCO INTL INC (WCC), WILLIS TOWERS WATSON PLC LTD (WTW), CRH PLC (CRH), FIDELITY NATL INFORMATION SV (FIS), and others based on the company's latest SEC filings reported on Aug 13, 2025. Explore insights into portfolio composition, sector allocation, and recent trade activity.

Baupost Group’s stock portfolio spans 23 holdings across 9 different sectors, with a total market value of $4.13M. The Other sector represents the largest allocation, while the top holdings account for nearly 47% of the total portfolio value. ALPHABET INC remains single largest position at 11.3% of all equity investments.

Balances

Trends by sector

Investment Adjustments from Previous Filing

Baupost Group Holdings

Symbol	Company	Portfolio %	Price	Quantity	Change Qty	Change Value	% Change	Total Value
GOOG ALPHABET INC	ALPHABET INC	11.31%	$0.18	2,633,988	556,000	$98,629	26.76%	$467,243
WCC WESCO INTL INC	WESCO INTL INC	9.90%	$0.19	2,207,601	202,000	$37,410	10.07%	$408,848
WTW WILLIS TOWERS WATSON PLC LTD	WILLIS TOWERS WATSON PLC LTD	9.75%	$0.31	1,314,184	-211,483	-$64,819	-13.86%	$402,797
CRH CRH PLC	CRH PLC	8.50%	$0.09	3,825,395	1,131,000	$103,826	41.98%	$351,171
FIS FIDELITY NATL INFORMATION SV	FIDELITY NATL INFORMATION SV	7.47%	$0.08	3,789,711	296,764	$24,160	8.50%	$308,520
DG DOLLAR GEN CORP NEW	DOLLAR GEN CORP NEW	7.39%	$0.11	2,666,876	562,000	$64,282	26.70%	$305,037
QSR RESTAURANT BRANDS INTL INC	RESTAURANT BRANDS INTL INC	6.50%	$0.07	4,049,562	163,000	$10,805	4.19%	$268,445
LBTYK LIBERTY GLOBAL LTD	LIBERTY GLOBAL LTD	6.16%	$0.01	24,657,803	-	-	-	$254,222
FERG FERGUSON ENTERPRISES INC	FERGUSON ENTERPRISES INC	5.97%	$0.22	1,132,000	-	-	-	$246,493
ELV ELEVANCE HEALTH INC	ELEVANCE HEALTH INC	5.80%	$0.39	616,000	370,000	$143,915	150.41%	$239,599
FI FISERV INC	FISERV INC	3.74%	$0.17	895,000	361,618	$62,347	67.80%	$154,307
EXP EAGLE MATLS INC	EAGLE MATLS INC	3.31%	$0.20	676,257	-233,376	-$47,168	-25.66%	$136,678
VSAT VIASAT INC	VIASAT INC	3.25%	$0.01	9,190,728	-1,000,000	-$14,600	-9.81%	$134,185
GDS GDS HLDGS LTD	GDS HLDGS LTD	2.41%	$0.03	3,249,952	-1,000,000	-$30,570	-23.53%	$99,351
LBRDK LIBERTY BROADBAND CORP	LIBERTY BROADBAND CORP	1.78%	$0.10	745,610	575,000	$56,568	337.03%	$73,353
G4412G101 HERBALIFE LTD	HERBALIFE LTD	1.62%	$0.01	7,759,844	159,318	$1,373	2.10%	$66,890
ICLR ICON PLC	ICON PLC	1.43%	$0.15	405,000	-	-	-	$58,907
LBTYA LIBERTY GLOBAL LTD	LIBERTY GLOBAL LTD	1.23%	$0.01	5,076,762	-	-	-	$50,818
G0250X107 AMCOR PLC	AMCOR PLC	1.22%	$0.01	5,500,000	5,500,000	$50,545	100.00%	$50,545
G68707101 PAGSEGURO DIGITAL LTD	PAGSEGURO DIGITAL LTD	0.58%	$0.01	2,500,000	2,500,000	$24,100	100.00%	$24,100
TBN TAMBORAN RES CORP	TAMBORAN RES CORP	0.29%	$0.02	570,833	-	-	-	$12,170
LBRDA LIBERTY BROADBAND CORP	LIBERTY BROADBAND CORP	0.02%	$0.10	7,560	-	-	-	$740