Seth Klarman Portfolio: Baupost Group 13F Holdings (Q2 2026)
Checked against SEC EDGAR
Baupost Group reported 23 stock positions worth $5.4B as of Jun 30, 2026 in its 13F filed Aug 13, 2026. The top 10 make up 75% of the reported portfolio. Changes are compared with Q1 2026: 3 new, 6 added, 9 reduced, 2 sold out.
13F filings are due 45 days after each quarter ends, so these holdings can be up to four and a half months old by the time they are public. They list US-listed stocks and some other securities only: no shorts, cash, bonds or non-US shares, and options are left out here. This is a record of public filings, not investment advice.
Holdings
| Ticker | Company | % of portfolio | Value | Shares | Change compared with Q1 2026 |
|---|---|---|---|---|---|
| AMZN | AMAZON COM INC | 16.48% | $892.3M | 3,743,854 | Added 20% |
| ELV | ELEVANCE HEALTH INC FORMERLY | 9.11% | $493.1M | 1,275,154 | No change |
| QSR | RESTAURANT BRANDS INTL INC | 9.04% | $489.6M | 6,753,112 | Reduced 16% |
| GOOG | ALPHABET INC | 8.95% | $484.7M | 1,371,931 | Added 16% |
| FERG | FERGUSON ENTERPRISES INC | 6.36% | $344.3M | 1,450,594 | Added 1% |
| GPC | GENUINE PARTS CO | 6.13% | $332.3M | 2,816,178 | Added 89% |
| UNP | UNION PAC CORP | 5.95% | $322.4M | 1,185,395 | Reduced 23% |
| V | VISA INC | 4.44% | $240.6M | 701,355 | No change |
| WCC | WESCO INTL INC | 4.23% | $229.0M | 662,881 | Reduced 54% |
| AON | AON PLC | 4.21% | $227.9M | 687,000 | Reduced 11% |
| TFX | TELEFLEX INCORPORATED | 3.30% | $178.6M | 1,409,000 | Reduced 12% |
| NCLH | NORWEGIAN CRUISE LINE HLDGS | 3.01% | $163.2M | 7,730,000 | Added 113% |
| MOH | MOLINA HEALTHCARE INC | 2.68% | $144.9M | 633,609 | No change |
| CME | CME GROUP INC | 2.52% | $136.7M | 619,000 | New position |
| HLF | HERBALIFE LTD | 2.25% | $121.8M | 9,259,844 | No change |
| EXP | EAGLE MATLS INC | 2.21% | $119.4M | 530,763 | Reduced 40% |
| GDS | GDS HLDGS LTD | 2.09% | $113.2M | 3,769,818 | Added 24% |
| COLD | AMERICOLD REALTY TRUST INC | 1.98% | $107.4M | 6,830,230 | Reduced 12% |
| LBTYA | LIBERTY GLOBAL LTD | 1.74% | $94.0M | 8,543,161 | Reduced 36% |
| AERO | GRUPO AEROMEXICO SAB DE CV | 1.62% | $87.8M | 4,880,188 | No change |
| AXTA | AXALTA COATING SYS LTD | 0.81% | $43.6M | 1,274,356 | New position |
| DNOW | DNOW INC | 0.67% | $36.2M | 2,788,000 | Reduced 23% |
| PS | PERSHING SQUARE INC | 0.24% | $12.9M | 392,000 | New position |
Sold out
Geopolitical news on Seth Klarman’s top holdings
- Why AI’s Billions in Spending Are Hard to Spot in GDP Data AMZN
- The real way to tell if Amazon’s AI spending is paying off AMZN
- UBS sees buying opportunity in China AI tech stocks after selloff AMZN
- NJ holiday shoppers in 2026 will cut back or take on debt, experts say AMZN
- Professor shares insights on ND and the church’s role in conversations of AI and dignity AMZN
- Hyperscalers Are Still Spending. TE Connectivity Earnings Top Estimates. AMZN
- AI stocks rally as SK Hynix jumps 11%, Micron and Sandisk gain 4% AMZN
- Enhancing pipeline integrity management with artificial intelligence and integrated technologies AMZN
- S&P 500, Nasdaq Futures Mixed Ahead Of Fed Decision, Big Tech Earnings: GOOGL, MSFT, HOOD, SOFI In Focus AMZN
- Fed decision and Alphabet, Microsoft, Amazon earnings could shake up the AI trade over the next 48 hours AMZN
Source: SEC EDGAR filing 0001061768-26-000010 (CIK 1061768). Values are as reported in the filing.