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 2017Sep 30, 2017 | MCK McKesson Corporation | Buy - Position Entry | +500,000 |
Q3 2017Sep 30, 2017 | CAH Cardinal Health, Inc. | Buy | +500,000+24.6% |
Q3 2017Sep 30, 2017 | COR Cencora, Inc. | Buy - Position Entry | +188,850 |
Q3 2017Sep 30, 2017 | CACC Credit Acceptance Corporation | Sell - Position Exit | -98,700-100.0% |
Q3 2017Sep 30, 2017 | CAR Avis Budget Group, Inc. | Sell | -2,963,100-74.1% |
Q3 2017Sep 30, 2017 | QCOM QUALCOMM Incorporated | Sell - Position Exit | -5,216,000-100.0% |
Q2 2017Jun 30, 2017 | SYF Synchrony Financial | Buy | +11,630,030+65.8% |
Q2 2017Jun 30, 2017 | AR Antero Resources Corporation | Buy | +6,665,115+45.9% |
Q2 2017Jun 30, 2017 | CAR Avis Budget Group, Inc. | Buy - Position Entry | +4,000,000 |
Q2 2017Jun 30, 2017 | QRVO Qorvo, Inc. | Buy | +1,814,486+25.3% |
Q2 2017Jun 30, 2017 | CAH Cardinal Health, Inc. | Buy | +1,000,000+97.1% |
Q2 2017Jun 30, 2017 | CACC Credit Acceptance Corporation | Sell | -145,700-59.6% |
Q2 2017Jun 30, 2017 | COR Cencora, Inc. | Sell - Position Exit | -502,474-100.0% |
Q2 2017Jun 30, 2017 | LNG Cheniere Energy, Inc. | Sell | -1,000,000-4.6% |
Q2 2017Jun 30, 2017 | MCK McKesson Corporation | Sell - Position Exit | -1,000,000-100.0% |
Q2 2017Jun 30, 2017 | INVA Innoviva, Inc. | Sell - Position Exit | -11,573,663-100.0% |
Q1 2017Mar 31, 2017 | QRVO Qorvo, Inc. | Buy - Position Entry | +7,185,514 |
Q1 2017Mar 31, 2017 | QCOM QUALCOMM Incorporated | Buy - Position Entry | +5,216,000 |
Q1 2017Mar 31, 2017 | SYF Synchrony Financial | Sell | -3,000,000-14.5% |
Q1 2017Mar 31, 2017 | INVA Innoviva, Inc. | Sell | -3,357,820-22.5% |
Q4 2016Dec 31, 2016 | SYF Synchrony Financial | Buy | +3,100,000+17.6% |
Q4 2016Dec 31, 2016 | VSAT ViaSat, Inc. | Buy | +1,625,000+14.1% |
Q4 2016Dec 31, 2016 | CAH Cardinal Health, Inc. | Buy - Position Entry | +1,030,000 |
Q4 2016Dec 31, 2016 | MCK McKesson Corporation | Buy - Position Entry | +1,000,000 |
Q4 2016Dec 31, 2016 | COR Cencora, Inc. | Buy - Position Entry | +502,474 |
Q4 2016Dec 31, 2016 | CACC Credit Acceptance Corporation | Buy | +144,400+144.4% |
Q4 2016Dec 31, 2016 | PYPL PayPal Holdings, Inc. | Sell - Position Exit | -5,000,000-100.0% |
Q4 2016Dec 31, 2016 | LNG Cheniere Energy, Inc. | Sell | -6,116,617-22.0% |
Q4 2016Dec 31, 2016 | OLN Olin Corporation | Sell - Position Exit | -6,181,302-100.0% |
Q3 2016Sep 30, 2016 | SYF Synchrony Financial | Buy - Position Entry | +17,565,000 |