Seth Klarman – Baupost Group Portfolio Activity & Recent Trades (Jun 30, 2025)
As of Jun 30, 2025, the Baupost Group portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on Aug 13, 2025. The activity included new positions, additions to existing holdings, reductions, and complete exits, providing a clear view of how the portfolio evolved during the quarter.
During Q2 2025, the filing reported:
Increases – CRH (CRH), Liberty Broadband Corporation (LBRDK), Dollar General Corporation (DG), Alphabet Inc. (GOOG), Elevance Health, Inc. (ELV), and 4 more
These updates highlight how the portfolio adjusted across different sectors and market conditions, offering insights into allocation shifts and investment trends.
Baupost Group Activity
| Date | Symbol | Type | Quantity |
|---|---|---|---|
Q2 2020Jun 30, 2020 | PCG Pacific Gas & Electric Co. | Sell | -5,000,000-51.5% |
Q2 2020Jun 30, 2020 | LNG Cheniere Energy, Inc. | Sell - Position Exit | -8,124,235-100.0% |
Q2 2020Jun 30, 2020 | ET Energy Transfer LP | Sell - Position Exit | -12,105,005-100.0% |
Q1 2020Mar 31, 2020 | ET Energy Transfer LP | Buy - Position Entry | +12,105,005 |
Q1 2020Mar 31, 2020 | EBAY eBay Inc. | Buy | +12,091,030+60.5% |
Q1 2020Mar 31, 2020 | HPQ HP Inc. | Buy | +10,000,000+100.0% |
Q1 2020Mar 31, 2020 | PARA Paramount Global | Buy | +5,500,000+32.4% |
Q1 2020Mar 31, 2020 | META Meta Platforms, Inc. | Buy - Position Entry | +1,984,000 |
Q1 2020Mar 31, 2020 | SPR Spirit Aerosystems Holdings, In | Buy - Position Entry | +1,067,781 |
Q1 2020Mar 31, 2020 | XPO XPO, Inc. | Buy - Position Entry | +845,877 |
Q1 2020Mar 31, 2020 | QRVO Qorvo, Inc. | Buy | +312,486+11.4% |
Q1 2020Mar 31, 2020 | GOOG Alphabet Inc. | Buy - Position Entry | +300,500 |
Q1 2020Mar 31, 2020 | CARS Cars.com Inc. | Buy | +292,687+10.8% |
Q1 2020Mar 31, 2020 | NXST Nexstar Media Group, Inc. | Buy | +85,000+4.3% |
Q1 2020Mar 31, 2020 | MCK McKesson Corporation | Buy | +71,665+4.5% |
Q1 2020Mar 31, 2020 | COR Cencora, Inc. | Sell | -230,000-19.7% |
Q1 2020Mar 31, 2020 | LNG Cheniere Energy, Inc. | Sell | -2,014,898-19.9% |
Q1 2020Mar 31, 2020 | AKBA Akebia Therapeutics, Inc. | Sell | -2,043,485-10.4% |
Q1 2020Mar 31, 2020 | SYF Synchrony Financial | Sell - Position Exit | -3,003,981-100.0% |
Q1 2020Mar 31, 2020 | BMY Bristol-Myers Squibb Company | Sell - Position Exit | -4,000,000-100.0% |
Q1 2020Mar 31, 2020 | PCG Pacific Gas & Electric Co. | Sell | -9,184,960-48.6% |
Q4 2019Dec 31, 2019 | PARA Paramount Global | Buy - Position Entry | +17,000,000 |
Q4 2019Dec 31, 2019 | HPQ HP Inc. | Buy - Position Entry | +10,000,000 |
Q4 2019Dec 31, 2019 | EBAY eBay Inc. | Buy | +3,348,970+20.1% |
Q4 2019Dec 31, 2019 | MCK McKesson Corporation | Buy | +291,505+22.3% |
Q4 2019Dec 31, 2019 | CARS Cars.com Inc. | Sell | -292,687-9.8% |
Q4 2019Dec 31, 2019 | GOSS Gossamer Bio, Inc. | Sell - Position Exit | -967,171-100.0% |
Q4 2019Dec 31, 2019 | SYF Synchrony Financial | Sell | -2,000,000-40.0% |
Q4 2019Dec 31, 2019 | QRVO Qorvo, Inc. | Sell | -2,931,181-51.6% |
Q4 2019Dec 31, 2019 | AKBA Akebia Therapeutics, Inc. | Sell | -4,900,000-20.0% |