Baupost Group

Superinvestor

Baupost Group LLC

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

SEC filings (opens in a new tab)

Holdings in Q3 2023

Holdings as of Sep 30, 2023, filed Nov 13, 2023. Long positions only; changes compare share counts with Q2 2023.

Positions: 32; +3 vs. Q2 2023
Portfolio value: $5.21B; −$400.8M (−7.1%) vs. Q2 2023
Filed: Nov 13, 2023; SEC

Holdings of Baupost Group in Q3 2023
Security	Class	Shares	Value	% of portfolio	Share change	Action	History
FNCHFinch Therapeutics Group, Inc.	COM NEW	67,296	$349.0K	<0.1%	00.0%	Unchanged	History
TMQTrilogy Metals Inc.	COM	2,329,285	$1.14M	<0.1%	−1,077,843−31.6%	Reduced	History
ATRAAtara Biotherapeutics, Inc.	COM	9,773,616	$14.5M	0.3%	00.0%	Unchanged	History
OPTUOptimum Communications, Inc.	CL A	4,774,615	$15.6M	0.3%	00.0%	Unchanged	History
ADVAdvantage Solutions Inc.	COM CL A	6,153,982	$17.5M	0.3%	−4,497,387−42.2%	Reduced	History
HLFHerbalife Ltd.	COM SHS	1,693,345	$23.7M	0.5%	−260,855−13.3%	Reduced	History
GTNGray Media, Inc	COM	3,760,000	$26.0M	0.5%	00.0%	Unchanged	History
STXSeagate Technology Holdings plc	ORD SHS	600,000	$39.6M	0.8%	00.0%	Unchanged	History
GTXGarrett Motion Inc.	Stock	5,987,289	$47.2M	0.9%	−20,083,300−77.0%	Reduced	History
EDUNew Oriental Education & Technology Group Inc.	SPON ADR	1,023,272	$59.9M	1.1%	−3,095,512−75.2%	Reduced	History
LLYVKLiberty Live Holdings, Inc.	COM LBTY LIV S C	1,902,472	$61.1M	1.2%	+1,902,472	New	History
LLYVALiberty Live Holdings, Inc.	COM LBTY LIV S A	1,979,167	$63.2M	1.2%	+1,979,167	New	History
TBPHTheravance Biopharma, Inc.	COM	7,419,226	$64.0M	1.2%	00.0%	Unchanged	History
JJacobs Solutions Inc.	COM	487,786	$66.6M	1.3%	+487,786	New	History
TSEMTower Semiconductor Ltd	SHS NEW	2,850,000	$70.0M	1.3%	+2,850,000	New	History
Coinbase Global, Inc.19260QAB3	NOTE 0.500% 6/0	–	$70.7M	1.4%	–	–	–
JAZZJazz Pharmaceuticals plc	SHS USD	673,696	$87.2M	1.7%	00.0%	Unchanged	History
QRVOQorvo, Inc.	Stock	935,612	$89.3M	1.7%	−1,682,091−64.3%	Reduced	History
DGDollar General Corp	COM	927,000	$98.1M	1.9%	+685,000+283.1%	Added	History
SSNCSS&C Technologies Holdings Inc	COM	2,298,636	$120.8M	2.3%	−1,421,794−38.2%	Reduced	History
LBTYALiberty Global Ltd.	SHS CL A	7,194,276	$123.2M	2.4%	00.0%	Unchanged	History
CLVTClarivate PLC	ORD SHS	22,500,000	$151.0M	2.9%	+22,500,000	New	History
CRHCRH Public Ltd Co	ORD	3,345,543	$183.1M	3.5%	+3,289,000+5,816.8%	Added	History
Liberty Media Corp531229813	Stock	8,177,656	$208.1M	4.0%	+8,177,656	New	–
WBDWarner Bros. Discovery, Inc.	Stock	25,235,094	$274.1M	5.3%	00.0%	Unchanged	History
VSATViasat Inc	COM	16,174,839	$298.6M	5.7%	−114,120−0.7%	Reduced	History
WTWWillis Towers Watson PLC	SHS	1,555,667	$325.1M	6.2%	+653,300+72.4%	Added	History
Liberty Media Corp531229789	Stock	14,851,048	$378.1M	7.3%	+14,851,048	New	–
FISFidelity National Information Services, Inc.	Stock	6,960,219	$384.7M	7.4%	+185,219+2.7%	Added	History
GOOGAlphabet Inc.	Stock	3,831,538	$505.2M	9.7%	−288,242−7.0%	Reduced	History
VRTVVeritiv Corp	COM	3,324,324	$561.5M	10.8%	00.0%	Unchanged	History
LBTYKLiberty Global Ltd.	SHS CL C	42,311,011	$785.3M	15.1%	−2,693,299−6.0%	Reduced	History

Sold out since Q2 2023 (4)

Positions held at the end of Q2 2023 that are gone from this filing.

Positions of Baupost Group sold out since Q2 2023
Security	Class	Shares in Q2 2023	Value in Q2 2023	% of portfolio in Q2 2023	History
Liberty Media Corp Del531229607	COM C SIRIUSXM	14,851,048	$486.1M	8.7%	–
Liberty Media Corp531229409	COM A SIRIUSXM	8,177,656	$268.3M	4.8%	–
AMZNAmazon Com Inc	Stock	963,946	$125.7M	2.2%	History
UNPUnion Pacific Corp	Stock	175,000	$35.8M	0.6%	History