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Baupost Group

Superinvestor

Baupost Group LLC

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

Holdings in Q4 2021

Holdings as of Dec 31, 2021, filed Feb 11, 2022. Long positions only; changes compare share counts with Q3 2021.

Institution overview
Positions
54
−3 vs. Q3 2021
Portfolio value
$10.1B
−$757.6M (−7.0%) vs. Q3 2021
Filed
Feb 11, 2022
SEC
Holdings of Baupost Group in Q4 2021
SecurityClassSharesValue% of portfolioShare changeActionHistory
LBTYKLiberty Global Ltd.SHS CL C53,971,307$1.52B15.0%00.0%UnchangedHistory
QRVOQorvo, Inc.Stock5,945,744$929.9M9.2%+861,278+16.9%AddedHistory
INTCIntel CorpStock18,036,950$928.9M9.2%−1,708,000−8.7%ReducedHistory
VSATViasat IncCOM16,288,959$725.5M7.2%00.0%UnchangedHistory
GOOGAlphabet Inc.Stock228,230$660.4M6.5%−62,700−21.6%ReducedHistory
Liberty Media Corp Del531229607COM C SIRIUSXM10,509,867$534.4M5.3%+1,425,000+15.7%Added–
VRTVVeritiv CorpCOM3,564,439$436.9M4.3%00.0%UnchangedHistory
METAMeta Platforms, Inc.Stock984,500$331.1M3.3%−562,500−36.4%ReducedHistory
FISVFiserv IncStock3,050,000$316.6M3.1%+3,050,000NewHistory
SSNCSS&C Technologies Holdings IncCOM3,816,892$312.9M3.1%00.0%UnchangedHistory
MUMicron Technology IncStock3,250,416$302.8M3.0%−3,913,000−54.6%ReducedHistory
WTWWillis Towers Watson PLCSHS1,250,000$296.9M2.9%+250,000+25.0%AddedHistory
NXSTNexstar Media Group, Inc.COMMON STOCK1,712,092$258.5M2.6%−333,908−16.3%ReducedHistory
Liberty Media Corp531229409COM A SIRIUSXM4,975,000$253.0M2.5%+575,000+13.1%Added–
Garrett Motion Inc.366505204COMM25,480,292$213.5M2.1%+25,480,292New–
LBTYALiberty Global Ltd.SHS CL A7,657,205$212.4M2.1%00.0%UnchangedHistory
DBXDropbox, Inc.CL A8,095,025$198.7M2.0%−1,192,475−12.8%ReducedHistory
VRNTVerint Systems IncCOM3,754,965$197.2M1.9%+226,481+6.4%AddedHistory
DBRGDigitalBridge Group, Inc.CL A COM22,877,059$190.6M1.9%00.0%UnchangedHistory
Pershing Square Tontine Hldg71531R109COM CL A9,550,504$188.3M1.9%00.0%Unchanged–
TBPHTheravance Biopharma, Inc.COM13,660,168$150.9M1.5%00.0%UnchangedHistory
GENGen Digital Inc.Stock5,780,000$150.2M1.5%+5,780,000NewHistory
ATRAAtara Biotherapeutics, Inc.COM8,477,488$133.6M1.3%00.0%UnchangedHistory
ADVAdvantage Solutions Inc.COM CL A12,195,000$95.5M0.9%00.0%UnchangedHistory
NUVBNuvation Bio Inc.COM CL A8,623,021$73.0M0.7%00.0%UnchangedHistory
JOBYJoby Aviation, Inc.COMMON STOCK9,620,793$70.2M0.7%−379,207−3.8%ReducedHistory
LFGArchaea Energy Inc.COM CL A3,500,000$62.2M0.6%00.0%UnchangedHistory
EHCEncompass Health CorpCOM716,100$46.7M0.5%+716,100NewHistory
GRABGrab Holdings LtdCLASS A ORD6,402,221$43.4M0.4%+6,402,221NewHistory
Avanti Acquisition CorpG0682V109SHS CL A4,000,000$39.3M0.4%00.0%Unchanged–
Liberty Media Acquisition Corp53073L104COM SR A3,200,000$32.9M0.3%00.0%Unchanged–
Ironsource LtdM5R75Y101CL A ORD SHS4,000,000$31.0M0.3%−4,000,000−50.0%Reduced–
Theravance Biopharma, Inc.88339KAA0NOTE 3.250%11/0–$28.8M0.3%–––
GTXGarrett Motion Inc.Stock3,575,000$28.7M0.3%00.0%UnchangedHistory
Altimeter Growth Corp 2G0371B109COM CL A2,500,000$24.6M0.2%00.0%Unchanged–
CGEMCullinan Therapeutics, Inc.COM1,535,560$22.5M0.2%−300,000−16.3%ReducedHistory
DGNUDragoneer Growth Opportunities Corp. IIICL A SHS2,000,000$19.5M0.2%00.0%UnchangedHistory
TMQTrilogy Metals Inc.COM11,708,547$19.3M0.2%−474,021−3.9%ReducedHistory
FNCHFinch Therapeutics Group, Inc.COM1,132,253$11.3M0.1%−75,906−6.3%ReducedHistory
TEADTeads Holding Co.COM792,000$11.1M0.1%00.0%UnchangedHistory
SVF Investment Corp.G8601L102CL A SHS1,000,000$10.0M0.1%00.0%Unchanged–
Pershing Square Tontine Hldg71531R117*W EXP 07/24/2021,944,444$2.57M<0.1%00.0%Unchanged–
NENoble Corp plcEquities104,928$2.47M<0.1%00.0%UnchangedHistory
AUROWAurora Innovation, Inc.EQUITY WRT750,000$2.33M<0.1%00.0%UnchangedHistory
Redball Acquisition CorpG7417R113*W EXP 08/17/2021,650,000$2.05M<0.1%00.0%Unchanged–
Ermenegildo Zegna N.V.N30577113*W EXP 12/17/202700,000$1.41M<0.1%+700,000New–
Joby Aviation, Inc.G65163118*W EXP 08/10/202875,000$1.36M<0.1%00.0%Unchanged–
Avanti Acquisition CorpG0682V125*W EXP 99/99/9992,000,000$1.18M<0.1%00.0%Unchanged–
Cazoo Group LtdG2007L113*W EXP 08/26/2021,250,000$1.13M<0.1%00.0%Unchanged–
Liberty Media Acquisition Corp53073L112*W EXP 01/22/202640,000$1.12M<0.1%00.0%Unchanged–
Horizon Acquisition CorporatG46044114*W EXP 10/19/2021,166,666$1.08M<0.1%00.0%Unchanged–
EVTWFVertical Aerospace Ltd.*W EXP 09/15/2021,485,000$1.01M<0.1%+1,485,000NewHistory
SVF Investment Corp.G8601L128*W EXP 12/20/202200,000$260.0K<0.1%00.0%Unchanged–
Hippo Hldgs Inc433539111*W EXP 99/99/999200,000$96.0K<0.1%00.0%Unchanged–

Sold out since Q3 2021 (10)

Positions held at the end of Q3 2021 that are gone from this filing.

Positions of Baupost Group sold out since Q3 2021
SecurityClassShares in Q3 2021Value in Q3 2021% of portfolio in Q3 2021History
EBAYeBay IncCOM5,982,667$416.8M3.8%History
Shaw Communications Inc82028K200CL B CONV7,530,807$218.7M2.0%–
IFFInternational Flavors & Fragrances IncCOM1,242,483$166.1M1.5%History
PCGPG&E CorpStock7,216,458$69.3M0.6%History
HZONHorizon Acquisition Corp IISHS CL A3,499,998$34.3M0.3%History
Broadstone Acquisition CorpG1739V100SHS CL A2,970,000$29.6M0.3%–
Investindustrial Acquisition Corp.G4771L105SHS CL A2,100,000$20.9M0.2%–
Dragoneer Growth Oppty CorpG28314105SHS CL A1,000,000$9.95M0.1%–
Broadstone Acquisition CorpG1739V126*W EXP 09/15/2021,485,000$1.60M<0.1%–
Investindustrial Acquisition Corp.G4771L113*W EXP 10/30/202700,000$903.0K<0.1%–