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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 Q1 2025

Holdings as of Mar 31, 2025, filed May 14, 2025. Long positions only; changes compare share counts with Q4 2024.

Institution overview
Positions
23
+1 vs. Q4 2024
Portfolio value
$3.50B
+$61.5M (+1.8%) vs. Q4 2024
Filed
May 14, 2025
SEC
Holdings of Baupost Group in Q1 2025
SecurityClassSharesValue% of portfolioShare changeActionHistory
WTWWillis Towers Watson PLCSHS1,525,667$515.6M14.7%−311,081−16.9%ReducedHistory
GOOGAlphabet Inc.Stock2,077,988$324.6M9.3%+652,000+45.7%AddedHistory
WCCWesco International IncCOM2,005,601$311.5M8.9%+569,930+39.7%AddedHistory
LBTYKLiberty Global Ltd.COM CL C24,657,803$295.2M8.4%−14,796,040−37.5%ReducedHistory
FISFidelity National Information Services, Inc.Stock3,492,947$260.9M7.5%+3,492,947NewHistory
QSRRestaurant Brands International Inc.COM3,886,562$259.0M7.4%+984,862+33.9%AddedHistory
CRHCRH Public Ltd CoORD2,694,395$237.0M6.8%+52,993+2.0%AddedHistory
EXPEagle Materials IncCOM909,633$201.9M5.8%+271,410+42.5%AddedHistory
DGDollar General CorpCOM2,104,876$185.1M5.3%+44,076+2.1%AddedHistory
FERGFerguson Enterprises Inc.COMMON STOCK NEW1,132,000$181.4M5.2%00.0%UnchangedHistory
GDSGDS Holdings LtdSPONSORED ADS4,249,952$107.7M3.1%00.0%UnchangedHistory
ELVElevance Health, Inc.Stock246,000$107.0M3.1%+246,000NewHistory
VSATViasat IncCOM10,190,728$106.2M3.0%−2,031,862−16.6%ReducedHistory
SOLVSolventum CorpStock1,053,240$80.1M2.3%−393,060−27.2%ReducedHistory
ICLRIcon PLCCOM405,000$70.9M2.0%+405,000NewHistory
HLFHerbalife Ltd.COM SHS7,600,526$65.6M1.9%00.0%UnchangedHistory
LBTYALiberty Global Ltd.COM CL A5,076,762$58.4M1.7%−124,682−2.4%ReducedHistory
CLVTClarivate PLCORD SHS10,777,863$42.4M1.2%−25,501,342−70.3%ReducedHistory
SGISomnigroup International Inc.COM703,349$42.1M1.2%+703,349NewHistory
Herbalife Ltd.42703MAF0NOTE 4.250% 6/1–$14.8M0.4%–––
LBRDKLiberty Broadband CorpCOM SER C170,610$14.5M0.4%00.0%UnchangedHistory
TBNTamboran Resources CorpCOM570,833$13.7M0.4%00.0%UnchangedHistory
LBRDALiberty Broadband CorpCOM SER A7,560$643.0K<0.1%00.0%UnchangedHistory

Sold out since Q4 2024 (3)

Positions held at the end of Q4 2024 that are gone from this filing.

Positions of Baupost Group sold out since Q4 2024
SecurityClassShares in Q4 2024Value in Q4 2024% of portfolio in Q4 2024History
SNNRFSunrise Communications AGADS CL A2,335,263$100.6M2.9%History
HUMHumana IncStock346,000$87.8M2.6%History
GPCGenuine Parts CoStock315,337$36.8M1.1%History