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 |
|---|---|---|---|
Q4 2023Dec 31, 2023 | STX Seagate Technology | Sell - Position Exit | -600,000-100.0% |
Q4 2023Dec 31, 2023 | GOOG Alphabet Inc. | Sell | -882,000-23.0% |
Q4 2023Dec 31, 2023 | DG Dollar General Corporation | Sell - Position Exit | -927,000-100.0% |
Q4 2023Dec 31, 2023 | QRVO Qorvo, Inc. | Sell - Position Exit | -935,612-100.0% |
Q4 2023Dec 31, 2023 | EDU New Oriental Education & Techno | Sell - Position Exit | -1,023,272-100.0% |
Q4 2023Dec 31, 2023 | LLYVK Liberty Media Corporation - Ser | Sell | -1,184,202-62.2% |
Q4 2023Dec 31, 2023 | SSNC SS&C Technologies Holdings, Inc | Sell | -1,270,091-55.3% |
Q4 2023Dec 31, 2023 | TMQ Trilogy Metals Inc. | Sell - Position Exit | -2,329,285-100.0% |
Q4 2023Dec 31, 2023 | GTX Garrett Motion Inc. | Sell | -2,993,000-50.0% |
Q4 2023Dec 31, 2023 | ADV Advantage Solutions Inc. | Sell - Position Exit | -6,153,982-100.0% |
Q3 2023Sep 30, 2023 | LSXMK | Buy - Position Entry | +14,851,048 |
Q3 2023Sep 30, 2023 | LSXMA | Buy - Position Entry | +8,177,656 |
Q3 2023Sep 30, 2023 | CRH CRH | Buy - Position Entry | +3,345,543 |
Q3 2023Sep 30, 2023 | LLYVA Liberty Media Corporation - Ser | Buy - Position Entry | +1,979,167 |
Q3 2023Sep 30, 2023 | LLYVK Liberty Media Corporation - Ser | Buy - Position Entry | +1,902,472 |
Q3 2023Sep 30, 2023 | DG Dollar General Corporation | Buy | +685,000+283.1% |
Q3 2023Sep 30, 2023 | WTW Willis Towers Watson | Buy | +653,300+72.4% |
Q3 2023Sep 30, 2023 | J Jacobs Solutions Inc. | Buy - Position Entry | +487,786 |
Q3 2023Sep 30, 2023 | FIS Fidelity National Information S | Buy | +185,219+2.7% |
Q3 2023Sep 30, 2023 | VSAT ViaSat, Inc. | Sell | -114,120-0.7% |
Q3 2023Sep 30, 2023 | UNP Union Pacific Corporation | Sell - Position Exit | -175,000-100.0% |
Q3 2023Sep 30, 2023 | G4412G101 Herbalife | Sell | -260,855-13.3% |
Q3 2023Sep 30, 2023 | GOOG Alphabet Inc. | Sell | -288,242-7.0% |
Q3 2023Sep 30, 2023 | AMZN Amazon.com, Inc. | Sell - Position Exit | -963,946-100.0% |
Q3 2023Sep 30, 2023 | TMQ Trilogy Metals Inc. | Sell | -1,077,843-31.6% |
Q3 2023Sep 30, 2023 | SSNC SS&C Technologies Holdings, Inc | Sell | -1,421,794-38.2% |
Q3 2023Sep 30, 2023 | QRVO Qorvo, Inc. | Sell | -1,682,091-64.3% |
Q3 2023Sep 30, 2023 | EDU New Oriental Education & Techno | Sell | -3,095,512-75.2% |
Q3 2023Sep 30, 2023 | ADV Advantage Solutions Inc. | Sell | -4,497,387-42.2% |
Q3 2023Sep 30, 2023 | GTX Garrett Motion Inc. | Sell | -20,083,300-77.0% |