Baupost Group (Klarman)
Tier 2 · solid recordDeep value
~20% net early → ~4%/yr last decade (private; faded). Large non-equity book invisible to 13F.
Positions
23
as of Q2 2026
Top-5 concentration
50%
of equity portfolio
Latest filing
Q2 2026
13F report date
Reported holdings long US equity, by weight
| Ticker | Sector | Weight | Value | Change |
|---|---|---|---|---|
| AMZN AMAZON COM INC | Consumer Discretionary | 16.5% | $892M | ADD |
| ELV ELEVANCE HEALTH INC FORMERLY | Financials | 9.1% | $493M | HOLD |
| QSR RESTAURANT BRANDS INTL INC | Consumer Discretionary | 9.0% | $490M | TRIM |
| GOOG ALPHABET INC | Information Technology | 9.0% | $485M | ADD |
| FERG FERGUSON ENTERPRISES INC | Other | 6.4% | $344M | ADD |
| GPC GENUINE PARTS CO | Other | 6.1% | $332M | ADD |
| UNP UNION PAC CORP | Industrials | 6.0% | $322M | TRIM |
| V VISA INC | Industrials | 4.4% | $241M | HOLD |
| WCC WESCO INTL INC | Other | 4.2% | $229M | TRIM |
| — AON PLC | — | 4.2% | $228M | TRIM |
| TFX TELEFLEX INCORPORATED | Health Care | 3.3% | $179M | TRIM |
| — NORWEGIAN CRUISE LINE HLDGS | — | 3.0% | $163M | ADD |
| MOH MOLINA HEALTHCARE INC | Financials | 2.7% | $145M | HOLD |
| CME CME GROUP INC | Financials | 2.5% | $137M | NEW |
| — HERBALIFE LTD | — | 2.2% | $122M | HOLD |
| EXP EAGLE MATLS INC | Industrials | 2.2% | $119M | TRIM |
| GDS GDS HLDGS LTD | Information Technology | 2.1% | $113M | ADD |
| COLD AMERICOLD REALTY TRUST INC | Real Estate | 2.0% | $107M | TRIM |
| — LIBERTY GLOBAL LTD | — | 1.7% | $94M | TRIM |
| AERO GRUPO AEROMEXICO SAB DE CV | Industrials | 1.6% | $88M | HOLD |
| — AXALTA COATING SYS LTD | — | 0.8% | $44M | NEW |
| DNOW DNOW INC | Industrials | 0.7% | $36M | TRIM |
| PS PERSHING SQUARE INC | Financials | 0.2% | $13M | NEW |
Weights are share of the manager’s reported long US-equity portfolio (13F). Options, bonds, and non-US/private holdings aren’t reported here. “Change” vs the prior reported quarter.