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 |
|---|---|---|---|
Q1 2023Mar 31, 2023 | QRVO Qorvo, Inc. | Sell | -1,082,153-18.9% |
Q1 2023Mar 31, 2023 | FI Fiserv, Inc. | Sell | -1,469,009-73.4% |
Q1 2023Mar 31, 2023 | META Meta Platforms, Inc. | Sell - Position Exit | -1,727,851-100.0% |
Q1 2023Mar 31, 2023 | DBRG DigitalBridge Group, Inc. | Sell | -1,967,799-61.5% |
Q1 2023Mar 31, 2023 | MU Micron Technology, Inc. | Sell - Position Exit | -3,285,974-100.0% |
Q1 2023Mar 31, 2023 | TMQ Trilogy Metals Inc. | Sell | -3,718,939-46.5% |
Q1 2023Mar 31, 2023 | NUVB Nuvation Bio Inc. | Sell - Position Exit | -4,808,194-100.0% |
Q1 2023Mar 31, 2023 | WBD Warner Bros. Discovery, Inc. - | Sell | -5,764,906-18.6% |
Q4 2022Dec 31, 2022 | ATUS Altice USA, Inc. | Buy - Position Entry | +3,880,200 |
Q4 2022Dec 31, 2022 | GOOG Alphabet Inc. | Buy | +2,618,000+190.2% |
Q4 2022Dec 31, 2022 | WBD Warner Bros. Discovery, Inc. - | Buy | +2,000,000+6.9% |
Q4 2022Dec 31, 2022 | G4412G101 Herbalife | Buy - Position Entry | +2,000,000 |
Q4 2022Dec 31, 2022 | FIS Fidelity National Information S | Buy | +1,540,000+250.4% |
Q4 2022Dec 31, 2022 | META Meta Platforms, Inc. | Buy | +1,039,000+150.8% |
Q4 2022Dec 31, 2022 | AMZN Amazon.com, Inc. | Buy | +742,000+299.2% |
Q4 2022Dec 31, 2022 | GTN Gray Television, Inc. | Buy | +250,000+7.7% |
Q4 2022Dec 31, 2022 | WTW Willis Towers Watson | Sell | -4,520-0.4% |
Q4 2022Dec 31, 2022 | DBRG DigitalBridge Group, Inc. | Sell | -88,000-2.7% |
Q4 2022Dec 31, 2022 | HIPO-WS | Sell - Position Exit | -199,485-100.0% |
Q4 2022Dec 31, 2022 | CGEM Cullinan Therapeutics, Inc. | Sell - Position Exit | -429,646-100.0% |
Q4 2022Dec 31, 2022 | EHAB Enhabit, Inc. | Sell - Position Exit | -437,287-100.0% |
Q4 2022Dec 31, 2022 | OB Outbrain Inc. | Sell | -638,769-80.7% |
Q4 2022Dec 31, 2022 | AUROW | Sell - Position Exit | -736,550-100.0% |
Q4 2022Dec 31, 2022 | ADV Advantage Solutions Inc. | Sell | -839,703-7.1% |
Q4 2022Dec 31, 2022 | QRVO Qorvo, Inc. | Sell | -1,044,259-15.4% |
Q4 2022Dec 31, 2022 | FI Fiserv, Inc. | Sell | -1,530,000-43.3% |
Q4 2022Dec 31, 2022 | EDU New Oriental Education & Techno | Sell | -1,891,778-24.6% |
Q4 2022Dec 31, 2022 | TMQ Trilogy Metals Inc. | Sell | -1,901,970-19.2% |
Q4 2022Dec 31, 2022 | EHC Encompass Health Corporation | Sell - Position Exit | -2,950,000-100.0% |
Q4 2022Dec 31, 2022 | NUVB Nuvation Bio Inc. | Sell | -5,610,000-53.8% |