Seth Klarman
Baupost Group
Seth Klarman's deep-value hedge fund.
Portfolio value
~$5.1B
Positions
22
New buys
6
Added
9
Reduced
4
13F snapshot as of Mar 31, 2026 (filed May 14, 2026). Long US equities only; changes are vs. the prior quarter.
Not investment advice. CopyCat Trade Tracker is for educational and informational purposes only — it is not research, a recommendation, or a solicitation to buy or sell any security. Past or lagged performance does not indicate future results.
| Holding | % of portfolio | Value | Shares | vs. last Q |
|---|---|---|---|---|
| AMZN AMAZON COM INC | 12.7% | $650M | 3,118,754 | Added |
| QSR RESTAURANT BRANDS INTL INC | 11.7% | $597M | 8,080,112 | Hold |
| WCC WESCO INTL INC | 7.7% | $393M | 1,436,881 | Added |
| UNP UNION PAC CORP | 7.3% | $374M | 1,540,995 | Reduced |
| ELV ELEVANCE HEALTH INC FORMERLY | 7.3% | $373M | 1,275,154 | Added |
| GOOG ALPHABET INC | 6.6% | $339M | 1,181,131 | Added |
| FERG FERGUSON ENTERPRISES INC | 6.6% | $336M | 1,442,411 | Added |
| — WILLIS TOWERS WATSON PLC LTD | 5.1% | $260M | 893,126 | Reduced |
| — AON PLC | 4.8% | $248M | 769,000 | NEW |
| V VISA INC | 4.1% | $212M | 701,355 | NEW |
| TFX TELEFLEX INCORPORATED | 3.7% | $191M | 1,595,000 | NEW |
| EXP EAGLE MATLS INC | 3.3% | $169M | 892,763 | Reduced |
| GPC GENUINE PARTS CO | 3.1% | $158M | 1,490,348 | Added |
| — LIBERTY GLOBAL LTD | 3.1% | $157M | 13,397,247 | Reduced |
| — HERBALIFE LTD | 2.7% | $136M | 9,259,844 | Hold |
| GDS GDS HLDGS LTD | 2.4% | $123M | 3,044,818 | Hold |
| COLD AMERICOLD REALTY TRUST INC | 1.7% | $89M | 7,780,800 | Added |
| MOH MOLINA HEALTHCARE INC | 1.6% | $84M | 633,609 | Added |
| AERO GRUPO AEROMEXICO SAB DE CV | 1.3% | $68M | 4,880,188 | Added |
| — NORWEGIAN CRUISE LINE HLDGS | 1.3% | $68M | 3,630,000 | NEW |
| PCVX VAXCYTE INC | 0.9% | $46M | 800,000 | NEW |
| DNOW DNOW INC | 0.8% | $43M | 3,625,000 | NEW |