Baupost Group
SuperinvestorBaupost Group LLC
- SEC CIK
- 0001061768
- Manager
- Seth Klarman
- Style
- Value
- Latest filing
- Aug 13, 2026
Holdings in Q3 2025
Holdings as of Sep 30, 2025, filed Nov 13, 2025. Long positions only; changes compare share counts with Q2 2025.
- Positions
- 22
- −1 vs. Q2 2025
- Portfolio value
- $4.79B
- +$660.8M (+16.0%) vs. Q2 2025
| Security | Class | Shares | Value | % of portfolio | Share change | Action | History |
|---|---|---|---|---|---|---|---|
| QSRRestaurant Brands International Inc. | COM | 8,252,862 | $529.3M | 11.0% | +4,203,300+103.8% | Added | History |
| GOOGAlphabet Inc. | Stock | 1,858,138 | $452.6M | 9.4% | −775,850−29.5% | Reduced | History |
| ELVElevance Health, Inc. | Stock | 1,319,000 | $426.2M | 8.9% | +703,000+114.1% | Added | History |
| CRHCRH Public Ltd Co | ORD | 3,383,395 | $405.7M | 8.5% | −442,000−11.6% | Reduced | History |
| WTWWillis Towers Watson PLC | SHS | 1,089,065 | $376.2M | 7.9% | −225,119−17.1% | Reduced | History |
| UNPUnion Pacific Corp | Stock | 1,496,204 | $353.7M | 7.4% | +1,496,204 | New | History |
| WCCWesco International Inc | COM | 1,503,180 | $317.9M | 6.6% | −704,421−31.9% | Reduced | History |
| DGDollar General Corp | COM | 2,666,876 | $275.6M | 5.8% | 00.0% | Unchanged | History |
| FERGFerguson Enterprises Inc. | COMMON STOCK NEW | 1,155,500 | $259.5M | 5.4% | +23,500+2.1% | Added | History |
| LBTYKLiberty Global Ltd. | COM CL C | 21,657,803 | $254.5M | 5.3% | −3,000,000−12.2% | Reduced | History |
| FISFidelity National Information Services, Inc. | Stock | 3,789,711 | $249.9M | 5.2% | 00.0% | Unchanged | History |
| EXPEagle Materials Inc | COM | 939,660 | $219.0M | 4.6% | +263,403+39.0% | Added | History |
| GPCGenuine Parts Co | Stock | 1,395,000 | $193.3M | 4.0% | +1,395,000 | New | History |
| GDSGDS Holdings Ltd | SPONSORED ADS | 3,249,952 | $125.8M | 2.6% | 00.0% | Unchanged | History |
| FISVFiserv Inc | Stock | 895,000 | $115.4M | 2.4% | 00.0% | Unchanged | History |
| HLFHerbalife Ltd. | COM SHS | 7,759,844 | $65.5M | 1.4% | 00.0% | Unchanged | History |
| LBTYALiberty Global Ltd. | COM CL A | 5,076,762 | $58.2M | 1.2% | 00.0% | Unchanged | History |
| COLDAmericold Realty Trust | COM | 3,600,000 | $44.1M | 0.9% | +3,600,000 | New | History |
| PAGSPagSeguro Digital Ltd. | COM CL A | 2,500,000 | $25.0M | 0.5% | 00.0% | Unchanged | History |
| Herbalife Ltd.42703MAF0 | NOTE 4.250% 6/1 | – | $15.8M | 0.3% | – | – | – |
| TBNTamboran Resources Corp | COM | 570,833 | $15.6M | 0.3% | 00.0% | Unchanged | History |
| Cable One, Inc.12685JAG0 | NOTE 1.125% 3/1 | – | $12.1M | 0.3% | – | New | – |
Sold out since Q2 2025 (5)
Positions held at the end of Q2 2025 that are gone from this filing.
| Security | Class | Shares in Q2 2025 | Value in Q2 2025 | % of portfolio in Q2 2025 | History |
|---|---|---|---|---|---|
| VSATViasat Inc | COM | 9,190,728 | $134.2M | 3.2% | History |
| LBRDKLiberty Broadband Corp | COM SER C | 745,610 | $73.4M | 1.8% | History |
| ICLRIcon PLC | COM | 405,000 | $58.9M | 1.4% | History |
| AMCRAmcor plc | ORD | 5,500,000 | $50.5M | 1.2% | History |
| LBRDALiberty Broadband Corp | COM SER A | 7,560 | $740.0K | <0.1% | History |