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 2024Jun 30, 2024 | FIS Fidelity National Information S | Sell | -2,069,715-37.1% |
Q2 2024Jun 30, 2024 | LSXMA | Sell | -2,077,462-77.6% |
Q2 2024Jun 30, 2024 | LSXMK | Sell | -3,292,432-75.7% |
Q2 2024Jun 30, 2024 | WBD Warner Bros. Discovery, Inc. - | Sell - Position Exit | -3,713,930-100.0% |
Q2 2024Jun 30, 2024 | ATUS Altice USA, Inc. | Sell - Position Exit | -4,774,615-100.0% |
Q1 2024Mar 31, 2024 | GDS GDS Holdings Limited | Buy - Position Entry | +2,600,000 |
Q1 2024Mar 31, 2024 | SOUN SoundHound AI, Inc. | Buy - Position Entry | +1,130,636 |
Q1 2024Mar 31, 2024 | G4412G101 Herbalife | Buy | +565,124+33.6% |
Q1 2024Mar 31, 2024 | FTRE Fortrea Holdings Inc. | Buy - Position Entry | +303,797 |
Q1 2024Mar 31, 2024 | EXP Eagle Materials Inc | Buy - Position Entry | +262,000 |
Q1 2024Mar 31, 2024 | WCC WESCO International, Inc. | Buy - Position Entry | +205,724 |
Q1 2024Mar 31, 2024 | GOOG Alphabet Inc. | Buy | +8,114+0.3% |
Q1 2024Mar 31, 2024 | J Jacobs Solutions Inc. | Sell | -221,000-30.4% |
Q1 2024Mar 31, 2024 | CRH CRH | Sell | -636,000-19.0% |
Q1 2024Mar 31, 2024 | LLYVK Liberty Media Corporation - Ser | Sell - Position Exit | -718,270-100.0% |
Q1 2024Mar 31, 2024 | FIS Fidelity National Information S | Sell | -781,750-12.3% |
Q1 2024Mar 31, 2024 | SSNC SS&C Technologies Holdings, Inc | Sell - Position Exit | -1,028,545-100.0% |
Q1 2024Mar 31, 2024 | VSAT ViaSat, Inc. | Sell | -1,144,001-7.1% |
Q1 2024Mar 31, 2024 | LLYVA Liberty Media Corporation - Ser | Sell - Position Exit | -1,899,547-100.0% |
Q1 2024Mar 31, 2024 | GTX Garrett Motion Inc. | Sell - Position Exit | -2,994,289-100.0% |
Q1 2024Mar 31, 2024 | GTN Gray Television, Inc. | Sell - Position Exit | -3,760,000-100.0% |
Q1 2024Mar 31, 2024 | LSXMA | Sell | -5,500,000-67.3% |
Q1 2024Mar 31, 2024 | LSXMK | Sell | -10,500,000-70.7% |
Q1 2024Mar 31, 2024 | WBD Warner Bros. Discovery, Inc. - | Sell | -21,521,164-85.3% |
Q4 2023Dec 31, 2023 | LBTYK Liberty Global | Buy - Position Entry | +42,311,011 |
Q4 2023Dec 31, 2023 | LBTYA Liberty Global | Buy - Position Entry | +7,194,276 |
Q4 2023Dec 31, 2023 | J Jacobs Solutions Inc. | Buy | +240,000+49.2% |
Q4 2023Dec 31, 2023 | G4412G101 Herbalife | Sell | -13,546-0.8% |
Q4 2023Dec 31, 2023 | LLYVA Liberty Media Corporation - Ser | Sell | -79,620-4.0% |
Q4 2023Dec 31, 2023 | FIS Fidelity National Information S | Sell | -599,500-8.6% |