Superinvestors / Baupost Group

Seth Klarman

Baupost Group

Deep value; special situations

$5.12B 13F value
22 positions · as of 2026-03-31 · filed 2026-05-14

This quarter

6 new6 exited9 added4 trimmed

Positions held steady are not reported as moves, so they are absent from these counts.

Largest positions

By weight · every resolvable issuer links to its company page · tags are this quarter's reported move

TickerIssuer% of portfolioValue
AMZNAMAZON COM INCINCREASED +47.0%12.70%$649.54M
QSRRESTAURANT BRANDS INTL INCUNCHANGED11.67%$597.21M
WCCWESCO INTL INCINCREASED +1.3%7.69%$393.16M
UNPUNION PAC CORPDECREASED -5.3%7.31%$373.88M
ELVELEVANCE HEALTH INC FORMERLYINCREASED +0.5%7.30%$373.30M

Showing 5 of 22

Values are as disclosed on this manager’s own 13F for its own quarter. 13F covers US-listed long equity only, so this is not the manager’s entire portfolio.

See all 22 positions

Seth Klarman's full reported portfolio with every weight, and the complete list of what they bought, sold and trimmed last quarter — free with an account, no card required.

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