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 |
|---|---|---|---|
Q3 2018Sep 30, 2018 | COR Cencora, Inc. | Buy | +877,491+46.8% |
Q3 2018Sep 30, 2018 | MCK McKesson Corporation | Buy | +548,000+33.7% |
Q3 2018Sep 30, 2018 | CAH Cardinal Health, Inc. | Sell | -361,515-7.1% |
Q3 2018Sep 30, 2018 | T AT&T Inc. | Sell - Position Exit | -9,480,700-100.0% |
Q3 2018Sep 30, 2018 | SYF Synchrony Financial | Sell | -12,962,101-44.2% |
Q2 2018Jun 30, 2018 | T AT&T Inc. | Buy - Position Entry | +9,480,700 |
Q2 2018Jun 30, 2018 | TMQ Trilogy Metals Inc. | Buy | +2,450,000+23.1% |
Q2 2018Jun 30, 2018 | PCG Pacific Gas & Electric Co. | Buy | +1,350,028+42.9% |
Q2 2018Jun 30, 2018 | COR Cencora, Inc. | Buy | +556,349+42.2% |
Q2 2018Jun 30, 2018 | VSAT ViaSat, Inc. | Buy | +73,931+0.5% |
Q2 2018Jun 30, 2018 | MCK McKesson Corporation | Buy | +12,000+0.7% |
Q2 2018Jun 30, 2018 | LNG Cheniere Energy, Inc. | Sell | -6,530,205-31.5% |
Q2 2018Jun 30, 2018 | PBF PBF Energy Inc. | Sell - Position Exit | -7,924,175-100.0% |
Q1 2018Mar 31, 2018 | PCG Pacific Gas & Electric Co. | Buy - Position Entry | +3,149,972 |
Q1 2018Mar 31, 2018 | NG Novagold Resources Inc. | Buy | +2,724,310+25.4% |
Q1 2018Mar 31, 2018 | AR Antero Resources Corporation | Buy | +1,865,604+7.5% |
Q1 2018Mar 31, 2018 | VSAT ViaSat, Inc. | Buy | +500,000+3.8% |
Q1 2018Mar 31, 2018 | MCK McKesson Corporation | Buy | +255,700+18.8% |
Q1 2018Mar 31, 2018 | COR Cencora, Inc. | Sell | -117,349-8.2% |
Q1 2018Mar 31, 2018 | RUN Sunrun Inc. | Sell - Position Exit | -2,848,082-100.0% |
Q1 2018Mar 31, 2018 | PBF PBF Energy Inc. | Sell | -3,000,000-27.5% |
Q4 2017Dec 31, 2017 | CAH Cardinal Health, Inc. | Buy | +2,570,000+101.6% |
Q4 2017Dec 31, 2017 | QRVO Qorvo, Inc. | Buy | +2,000,000+22.2% |
Q4 2017Dec 31, 2017 | COR Cencora, Inc. | Buy | +1,245,715+659.6% |
Q4 2017Dec 31, 2017 | NG Novagold Resources Inc. | Buy | +1,242,835+13.1% |
Q4 2017Dec 31, 2017 | MCK McKesson Corporation | Buy | +860,000+172.0% |
Q4 2017Dec 31, 2017 | AR Antero Resources Corporation | Buy | +809,930+3.4% |
Q4 2017Dec 31, 2017 | CAR Avis Budget Group, Inc. | Sell - Position Exit | -1,036,900-100.0% |
Q4 2017Dec 31, 2017 | PBF PBF Energy Inc. | Sell | -4,800,000-30.5% |
Q3 2017Sep 30, 2017 | AR Antero Resources Corporation | Buy | +2,741,261+12.9% |