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 2022Dec 31, 2022 | DBX Dropbox, Inc. | Sell - Position Exit | -7,819,924-100.0% |
Q3 2022Sep 30, 2022 | WBD Warner Bros. Discovery, Inc. - | Buy | +11,000,000+61.1% |
Q3 2022Sep 30, 2022 | DBRG DigitalBridge Group, Inc. | Buy - Position Entry | +3,289,713 |
Q3 2022Sep 30, 2022 | GOOG Alphabet Inc. | Buy | +1,207,466+715.3% |
Q3 2022Sep 30, 2022 | GTN Gray Television, Inc. | Buy | +1,000,000+44.2% |
Q3 2022Sep 30, 2022 | SSNC SS&C Technologies Holdings, Inc | Buy | +810,000+27.3% |
Q3 2022Sep 30, 2022 | FIS Fidelity National Information S | Buy - Position Entry | +615,000 |
Q3 2022Sep 30, 2022 | MU Micron Technology, Inc. | Buy | +550,000+20.1% |
Q3 2022Sep 30, 2022 | EHAB Enhabit, Inc. | Buy - Position Entry | +437,287 |
Q3 2022Sep 30, 2022 | WTW Willis Towers Watson | Buy | +358,462+38.7% |
Q3 2022Sep 30, 2022 | LAD Lithia Motors, Inc. | Buy - Position Entry | +250,000 |
Q3 2022Sep 30, 2022 | QRVO Qorvo, Inc. | Sell | -191,120-2.7% |
Q3 2022Sep 30, 2022 | VRNT Verint Systems Inc. | Sell - Position Exit | -199,531-100.0% |
Q3 2022Sep 30, 2022 | NXST Nexstar Media Group, Inc. | Sell - Position Exit | -277,811-100.0% |
Q3 2022Sep 30, 2022 | EDU New Oriental Education & Techno | Sell | -314,294-3.9% |
Q3 2022Sep 30, 2022 | AMZN Amazon.com, Inc. | Sell | -350,000-58.5% |
Q3 2022Sep 30, 2022 | BRBR BellRing Brands, Inc. | Sell - Position Exit | -479,583-100.0% |
Q3 2022Sep 30, 2022 | TMQ Trilogy Metals Inc. | Sell | -622,115-5.9% |
Q3 2022Sep 30, 2022 | CGEM Cullinan Therapeutics, Inc. | Sell | -1,105,914-72.0% |
Q3 2022Sep 30, 2022 | G4124C109 Grab | Sell - Position Exit | -6,105,101-100.0% |
Q3 2022Sep 30, 2022 | INTC Intel Corporation | Sell - Position Exit | -8,724,431-100.0% |
Q2 2022Jun 30, 2022 | WBD Warner Bros. Discovery, Inc. - | Buy - Position Entry | +18,000,000 |
Q2 2022Jun 30, 2022 | EDU New Oriental Education & Techno | Buy - Position Entry | +8,000,000 |
Q2 2022Jun 30, 2022 | GTN Gray Television, Inc. | Buy | +969,084+75.1% |
Q2 2022Jun 30, 2022 | AMZN Amazon.com, Inc. | Buy - Position Entry | +598,000 |
Q2 2022Jun 30, 2022 | QRVO Qorvo, Inc. | Buy | +321,324+4.8% |
Q2 2022Jun 30, 2022 | NUVB Nuvation Bio Inc. | Sell | -25,300-0.2% |
Q2 2022Jun 30, 2022 | EHC Encompass Health Corporation | Sell | -50,000-1.7% |
Q2 2022Jun 30, 2022 | GOOG Alphabet Inc. | Sell | -75,076-30.8% |
Q2 2022Jun 30, 2022 | ADV Advantage Solutions Inc. | Sell | -198,625-1.6% |