Seth Klarman’s portfolio: Baupost Group 13F holdings
Quarterly SEC 13F-HR filingsCIK 0001061768Latest: Q2 2026
Q2 2020 filing in brief
In its Q2 2020 13F, filed August 13, 2020, Baupost Group reported $8.0B across 31 US positions. The largest: EBAY (21.0%), LIBERTY GLOBAL PLC (14.7%), FOXA (9.2%), VSAT (6.6%), 0VVB (5.5%). In the quarter it opened 4 positions, sold out of 6, added to 4 and trimmed 11; positions opened and sold out came to 7.9% of the portfolio's value.
Methodology
Holdings come from the manager’s Form 13F-HR filings on SEC EDGAR, with amendments applied. Values and shares are reported at quarter-end; the filing date is when the report became public. These disclosures show reported long positions and listed options, not the manager’s entire portfolio or its trades since quarter-end.
Quarterly changes compare shares with the immediately preceding quarter on file. New and exited positions appear or disappear; added and trimmed positions change their share count by more than 1%. A share change can also reflect a stock split or other corporate action.
Opened and sold out is the value of new positions plus the prior value of exited positions, divided by the average of the two quarters’ reported portfolio values. It excludes changes to positions still held. Reported value growth includes price changes and is not a measure of investment performance. Largest-five and largest-ten weights exclude options.
Holdings
Filed Aug 13, 2020
- 4 New
- 4 Added
- 11 Trimmed
- 6 Exited
31 positions at June 30, 2020. Q/Q change compares shares with the preceding quarter.
| Row | Ticker | Issuer | Status | ||||
|---|---|---|---|---|---|---|---|
| 1 | EBAY | EBAY INC. | $1.7B | 32.1M | 21.01% | 0.0% | Held |
| 2 | — | LIBERTY GLOBAL PLC | $1.2B | 54.6M | 14.65% | +1.6% | Added |
| 3 | FOXA | FOX CORP | $733M | 27.3M | 9.15% | 0.0% | Held |
| 4 | VSAT | VIASAT INC | $527M | 13.7M | 6.58% | 0.0% | Held |
| 5 | 0VVB | VIACOMCBS INC | $439M | 18.8M | 5.48% | −16.3% | Trimmed |
| 6 | QRVO | QORVO INC | $339M | 3.1M | 4.23% | +0.1% | Held |
| 7 | — | TRANSLATE BIO INC | $319M | 18.0M | 3.98% | +2.8% | Added |
| 8 | HPQ | HP INC | $314M | 18.0M | 3.92% | −10.0% | Trimmed |
| 9 | GOOG | ALPHABET INC | $303M | 214.7K | 3.79% | −28.6% | Trimmed |
| 10 | MCK | MCKESSON CORP | $256M | 1.7M | 3.20% | 0.0% | Held |
| 11 | HDSUSD | HD SUPPLY HLDGS INC | $229M | 6.6M | 2.86% | +6.5% | Added |
| 12 | AKBA | AKEBIA THERAPEUTICS INC | $204M | 15.0M | 2.54% | −14.4% | Trimmed |
| 13 | — | THERAVANCE BIOPHARMA INC | $195M | 9.3M | 2.44% | 0.0% | Held |
| 14 | META | FACEBOOK INC | $193M | 851.5K | 2.41% | −57.1% | Trimmed |
| 15 | NXST | NEXSTAR MEDIA GROUP INC | $174M | 2.1M | 2.18% | 0.0% | Held |
| 16 | — | LIBERTY GLOBAL PLC | $167M | 7.7M | 2.09% | 0.0% | Held |
| 17 | FOX | FOX CORP | $152M | 5.7M | 1.90% | 0.0% | Held |
| 18 | ATRAGBX | ATARA BIOTHERAPEUTICS INC | $145M | 9.9M | 1.80% | +19.4% | Added |
| 19 | HCA | HCA HEALTHCARE INC | $97M | 1.0M | 1.21% | — | New |
| 20 | CLNSEUR | COLONY CAP INC NEW | $62M | 25.7M | 0.77% | −48.3% | Trimmed |
| 21 | VRTVEUR | VERITIV CORP | $60M | 3.6M | 0.75% | 0.0% | Held |
| 22 | ABG | AMERISOURCEBERGEN CORP | $47M | 468.1K | 0.59% | −50.0% | Trimmed |
| 23 | PCG | PG&E CORP | $42M | 4.7M | 0.52% | −51.5% | Trimmed |
| 24 | TBPH 3.25 11/01/23 | THERAVANCE BIOPHARMA INC | $29M | 30.0M | 0.36% | 0.0% | Held |
| 25 | VTY | VERINT SYS INC | $28M | 616.3K | 0.35% | — | New |
| 26 | TMQ | TRILOGY METALS INC NEW | $24M | 12.2M | 0.30% | 0.0% | Held |
| 27 | UNVREUR | UNIVAR SOLUTIONS INC | $22M | 1.3M | 0.27% | −76.7% | Trimmed |
| 28 | VTR | VENTAS INC | $20M | 550.0K | 0.25% | — | New |
| 29 | VIST | VISTA OIL & GAS S A B DE C V | $18M | 6.0M | 0.23% | −3.5% | Trimmed |
| 30 | SSNC | SS&C TECHNOLOGIES HLDGS INC | $8M | 140.5K | 0.10% | — | New |
| 31 | LSXMKUSD | LIBERTY MEDIA CORP DEL | $6M | 184.9K | 0.08% | −85.3% | Trimmed |
6 exited positions
Positions held in the preceding quarter and absent from this filing. Values and shares are from the preceding quarter.
Every quarter on file (53)
From the manager’s Form 13F-HR filings on SEC EDGAR, amendments applied. Long US positions only; not a recommendation.