Skip to main content

Baupost Group

Superinvestor

Baupost Group LLC

SEC CIK
0001061768
Manager
Seth Klarman
Style
Value
Latest filing
Aug 13, 2026

Holdings in Q3 2021

Holdings as of Sep 30, 2021, filed Nov 12, 2021. Long positions only; changes compare share counts with Q2 2021.

Institution overview
Positions
57
−2 vs. Q2 2021
Portfolio value
$10.9B
−$1.44B (−11.7%) vs. Q2 2021
Filed
Nov 12, 2021
SEC
Holdings of Baupost Group in Q3 2021
SecurityClassSharesValue% of portfolioShare changeActionHistory
LBTYKLiberty Global Ltd.SHS CL C53,971,307$1.59B14.6%00.0%UnchangedHistory
INTCIntel CorpStock19,744,950$1.05B9.7%−2,000,000−9.2%ReducedHistory
VSATViasat IncCOM16,288,959$897.0M8.2%00.0%UnchangedHistory
QRVOQorvo, Inc.Stock5,084,466$850.1M7.8%−250,000−4.7%ReducedHistory
GOOGAlphabet Inc.Stock290,930$775.4M7.1%00.0%UnchangedHistory
METAMeta Platforms, Inc.Stock1,547,000$525.0M4.8%00.0%UnchangedHistory
MUMicron Technology IncStock7,163,416$508.5M4.7%00.0%UnchangedHistory
Liberty Media Corp Del531229607COM C SIRIUSXM9,084,867$431.3M4.0%+2,600,000+40.1%Added–
EBAYeBay IncCOM5,982,667$416.8M3.8%−8,907,956−59.8%ReducedHistory
VRTVVeritiv CorpCOM3,564,439$319.2M2.9%00.0%UnchangedHistory
NXSTNexstar Media Group, Inc.COMMON STOCK2,046,000$310.9M2.9%00.0%UnchangedHistory
DBXDropbox, Inc.CL A9,287,500$271.4M2.5%+9,287,500NewHistory
SSNCSS&C Technologies Holdings IncCOM3,816,892$264.9M2.4%+500,000+15.1%AddedHistory
WTWWillis Towers Watson PLCSHS1,000,000$232.5M2.1%−891,526−47.1%ReducedHistory
LBTYALiberty Global Ltd.SHS CL A7,657,205$228.2M2.1%00.0%UnchangedHistory
Shaw Communications Inc82028K200CL B CONV7,530,807$218.7M2.0%00.0%Unchanged–
Liberty Media Corp531229409COM A SIRIUSXM4,400,000$207.5M1.9%+900,000+25.7%Added–
Pershing Square Tontine Hldg71531R109COM CL A9,550,504$188.1M1.7%−540,151−5.4%Reduced–
IFFInternational Flavors & Fragrances IncCOM1,242,483$166.1M1.5%−857,517−40.8%ReducedHistory
VRNTVerint Systems IncCOM3,528,484$158.0M1.5%+488,686+16.1%AddedHistory
ATRAAtara Biotherapeutics, Inc.COM8,477,488$151.7M1.4%00.0%UnchangedHistory
DBRGDigitalBridge Group, Inc.CL A COM22,877,059$137.9M1.3%00.0%UnchangedHistory
ADVAdvantage Solutions Inc.COM CL A12,195,000$103.7M1.0%00.0%UnchangedHistory
TBPHTheravance Biopharma, Inc.COM13,660,168$101.1M0.9%+3,750,000+37.8%AddedHistory
JOBYJoby Aviation, Inc.COMMON STOCK10,000,000$96.1M0.9%+10,000,000NewHistory
Ironsource LtdM5R75Y101CL A ORD SHS8,000,000$87.0M0.8%00.0%Unchanged–
NUVBNuvation Bio Inc.COM CL A8,623,021$85.4M0.8%00.0%UnchangedHistory
PCGPG&E CorpStock7,216,458$69.3M0.6%−23,441,143−76.5%ReducedHistory
LFGArchaea Energy Inc.COM CL A3,500,000$59.0M0.5%+3,500,000NewHistory
CGEMCullinan Therapeutics, Inc.COM1,835,560$40.2M0.4%00.0%UnchangedHistory
Avanti Acquisition CorpG0682V109SHS CL A4,000,000$39.2M0.4%00.0%Unchanged–
HZONHorizon Acquisition Corp IISHS CL A3,499,998$34.3M0.3%00.0%UnchangedHistory
Liberty Media Acquisition Corp53073L104COM SR A3,200,000$32.3M0.3%00.0%Unchanged–
Broadstone Acquisition CorpG1739V100SHS CL A2,970,000$29.6M0.3%00.0%Unchanged–
Theravance Biopharma, Inc.88339KAA0NOTE 3.250%11/0–$27.6M0.3%–––
GTXGarrett Motion Inc.Stock3,575,000$26.3M0.2%00.0%UnchangedHistory
Altimeter Growth Corp 2G0371B109COM CL A2,500,000$24.7M0.2%00.0%Unchanged–
TMQTrilogy Metals Inc.COM12,182,568$22.5M0.2%00.0%UnchangedHistory
Investindustrial Acquisition Corp.G4771L105SHS CL A2,100,000$20.9M0.2%00.0%Unchanged–
DGNUDragoneer Growth Opportunities Corp. IIICL A SHS2,000,000$19.6M0.2%00.0%UnchangedHistory
FNCHFinch Therapeutics Group, Inc.COM1,208,159$15.7M0.1%00.0%UnchangedHistory
TEADTeads Holding Co.COM792,000$11.7M0.1%+792,000NewHistory
Dragoneer Growth Oppty CorpG28314105SHS CL A1,000,000$9.95M0.1%00.0%Unchanged–
SVF Investment Corp.G8601L102CL A SHS1,000,000$9.76M0.1%00.0%Unchanged–
NENoble Corp plcEquities104,928$2.71M<0.1%00.0%UnchangedHistory
Pershing Square Tontine Hldg71531R117*W EXP 07/24/2021,944,444$2.51M<0.1%00.0%Unchanged–
Joby Aviation, Inc.G65163118*W EXP 08/10/202875,000$1.97M<0.1%+875,000New–
Cazoo Group LtdG2007L113*W EXP 08/26/2021,250,000$1.86M<0.1%+1,250,000New–
Broadstone Acquisition CorpG1739V126*W EXP 09/15/2021,485,000$1.60M<0.1%00.0%Unchanged–
Redball Acquisition CorpG7417R113*W EXP 08/17/2021,650,000$1.33M<0.1%00.0%Unchanged–
Avanti Acquisition CorpG0682V125*W EXP 99/99/9992,000,000$1.31M<0.1%00.0%Unchanged–
AUROWAurora Innovation, Inc.*W EXP 03/12/202750,000$1.13M<0.1%00.0%UnchangedHistory
Horizon Acquisition CorporatG46044114*W EXP 10/19/2021,166,666$1.05M<0.1%00.0%Unchanged–
Liberty Media Acquisition Corp53073L112*W EXP 01/22/202640,000$928.0K<0.1%00.0%Unchanged–
Investindustrial Acquisition Corp.G4771L113*W EXP 10/30/202700,000$903.0K<0.1%00.0%Unchanged–
SVF Investment Corp.G8601L128*W EXP 12/20/202200,000$200.0K<0.1%00.0%Unchanged–
Hippo Hldgs Inc433539111*W EXP 99/99/999200,000$184.0K<0.1%+200,000New–

Sold out since Q2 2021 (9)

Positions held at the end of Q2 2021 that are gone from this filing.

Positions of Baupost Group sold out since Q2 2021
SecurityClassShares in Q2 2021Value in Q2 2021% of portfolio in Q2 2021History
Translate Bio, Inc.89374L104COM18,044,239$493.5M4.0%–
AURAurora Innovation, Inc.CLASS A ORD SHS6,000,000$59.3M0.5%History
Ajax IG0190X100COM4,223,918$42.1M0.3%–
Reinvent Technology PartnersG7483N129CL A3,500,000$34.9M0.3%–
Reinvent Technology PartnersG74847107SHS CL A1,000,000$9.93M0.1%–
Beauty Health Co88331L116EQUITY WRT898,981$5.75M<0.1%–
Ajax IG0190X126*W EXP 10/27/2021,250,000$2.34M<0.1%–
Reinvent Technology PartnersG7483N103*W EXP 09/16/202875,000$1.71M<0.1%–
Reinvent Technology PartnersG74847115*W EXP 09/16/202200,000$362.0K<0.1%–