BAUPOST GROUP LLC/MA

Superinvestor · Seth Klarman

CIK

1061768

Location

BOSTON, MA

Portfolio Value

Mid $5,415,911,349

Diversification

Diversified

Filing Date

Global Rank

#709 / 8,707 ▲ 29

Top Industry

Internet Retail 16.5%

Period ended 3 months ago

Filed Aug 13, 2026 · 35d

26 quarters · since Mar 2020

Portfolio Concentration

23 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

16.5%

+3.8 pts

Top 5

49.9%

+3.3 pts

Top 10

74.9%

+1.0 pts

HHI

744

Diversified+59

Portfolio Trend

26 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Consumer Cyclical	34.7%	$1,877,411,293	4
Industrials	18.8%	$1,019,679,641	5
Healthcare	15.1%	$816,651,524	3
Financial Services	11.4%	$618,073,806	4
Communication Services	10.7%	$578,719,151	2
Basic Materials	3.0%	$163,030,137	2
Consumer Defensive	2.2%	$121,766,948	1
Technology	2.1%	$113,207,634	1
Real Estate	2.0%	$107,371,215	1

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

6 positions

Ticker	Company	Δ Shares	Shares	Value
NCLH	Norwegian Cruise Line Holdings Ltd.	+4,100,000	7,730,000	$163,180,300
GPC	Genuine Parts Co	+1,325,830	2,816,178	$332,252,680
GDS	GDS Holdings Ltd	+725,000	3,769,818	$113,207,634
AMZN	Amazon Com Inc	+625,100	3,743,854	$892,310,162
GOOGL	Alphabet Inc.	+190,800	1,371,931	$484,744,380
FERG	Ferguson Enterprises Inc. /DE/	+8,183	1,450,594	$344,269,474
No positions match the current search.

Trimmed

Positions the filer reduced

9 positions

Ticker	Company	Δ Shares	Shares	Value
LBTYA	Liberty Global Ltd.	−4,854,086	8,543,161	$93,974,771
QSR	Restaurant Brands International Inc.	−1,327,000	6,753,112	$489,668,151
COLD	Americold Realty Trust	−950,570	6,830,230	$107,371,215
DNOW	DNOW Inc.	−837,000	2,788,000	$36,160,360
WCC	Wesco International Inc	−774,000	662,881	$228,978,983
EXP	Eagle Materials Inc	−362,000	530,763	$119,421,675
UNP	Union Pacific Corp	−355,600	1,185,395	$322,427,440
TFX	Teleflex Inc	−186,000	1,409,000	$178,604,840
AON	Aon plc	−82,000	687,000	$227,871,030
No positions match the current search.

New Positions

Positions the filer opened this quarter

3 positions

Ticker	Company	Shares	Value
CME	Cme Group Inc.	619,000	$136,693,770
AXTA	Axalta Coating Systems Ltd.	1,274,356	$43,608,462
PS	Pershing Square Inc.	392,000	$12,881,120
No positions match the current search.

Sold Out

Positions the filer fully exited

2 positions

Ticker	Company	Shares	Value
WTW	Willis Towers Watson PLC	893,126	$259,631,728
PCVX	Vaxcyte, Inc.	800,000	$46,488,000
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

23 tracked positions · $5,415,911,349 total · filing declares 23 positions · $5,415,853 · as of Jun 30, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Financial Services Healthcare Industrials Real Estate Technology

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Est. Price	% of Portfolio
AMZN	Amazon Com Inc Consumer Cyclical	Added	3,743,854	+625,100	$892,310,162	+37.4%	$251.01	16.48%
ELV	Elevance Health, Inc. Healthcare	Held	1,275,154	0	$493,140,306	+32.1%	$370.86	9.11%
QSR	Restaurant Brands International Inc. Consumer Cyclical	Reduced	6,753,112	-1,327,000	$489,668,151	−18.0%	$76.14	9.04%
GOOGL	Alphabet Inc. Communication Services	Added	1,371,931	+190,800	$484,744,380	+43.1%	$357.39	8.95%
FERG	Ferguson Enterprises Inc. /DE/ Industrials	Added	1,450,594	+8,183	$344,269,474	+2.3%	$241.26	6.36%
GPC	Genuine Parts Co Consumer Cyclical	Added	2,816,178	+1,325,830	$332,252,680	+110.8%	$104.37	6.13%
UNP	Union Pacific Corp Industrials	Reduced	1,185,395	-355,600	$322,427,440	−13.8%	$262.58	5.95%
V	Visa Inc. Financial Services	Held	701,355	0	$240,627,886	+13.5%	$321.04	4.44%
WCC	Wesco International Inc Industrials	Reduced	662,881	-774,000	$228,978,983	−41.8%	$339.35	4.23%
AON	Aon plc Financial Services	Reduced	687,000	-82,000	$227,871,030	−8.2%	$322.60	4.21%
TFX	Teleflex Inc Healthcare	Reduced	1,409,000	-186,000	$178,604,840	−6.4%	$128.01	3.30%
NCLH	Norwegian Cruise Line Holdings Ltd. Consumer Cyclical	Added	7,730,000	+4,100,000	$163,180,300	+140.4%	$18.66	3.01%
MOH	Molina Healthcare, Inc. Healthcare	Held	633,609	0	$144,906,378	+71.6%	$181.24	2.68%
CME	Cme Group Inc. Financial Services	NEW	619,000	NEW	$136,693,770	NEW	$276.63	2.52%
HLF	Herbalife Ltd. Consumer Defensive	Held	9,259,844	0	$121,766,948	−10.7%	$13.78	2.25%
EXP	Eagle Materials Inc Basic Materials	Reduced	530,763	-362,000	$119,421,675	−29.4%	$209.10	2.21%
GDS	GDS Holdings Ltd Technology	Added	3,769,818	+725,000	$113,207,634	−7.7%	$38.60	2.09%
COLD	Americold Realty Trust Real Estate	Reduced	6,830,230	-950,570	$107,371,215	+20.4%	$13.72	1.98%
LBTYA	Liberty Global Ltd. Communication Services	Reduced	8,543,161	-4,854,086	$93,974,771	−40.2%	$11.58	1.74%
AERO	Grupo Aeromexico, S.A.B. de C.V. Industrials	Held	4,880,188	0	$87,843,384	+28.5%	$16.05	1.62%
AXTA	Axalta Coating Systems Ltd. Basic Materials	NEW	1,274,356	NEW	$43,608,462	NEW	$30.08	0.81%
DNOW	DNOW Inc. Industrials	Reduced	2,788,000	-837,000	$36,160,360	−16.2%	$12.98	0.67%
PS	Pershing Square Inc. Financial Services	NEW	392,000	NEW	$12,881,120	NEW	$36.11	0.24%

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.