Baupost Group 13F, Q2 2026
Seth Klarman · quarter ending 30 June 2026 · filed 13 August 2026 · SEC CIK 1061768
Common stock only: shares the fund reported owning at the quarter end, valued as filed.
Largest positions, Q2 2026
Weights are against the whole filed book. Changes are in shares held, against the Q1 2026 filing.
| Company | Ticker | Value | % of book | vs Q1 2026 |
|---|---|---|---|---|
| AMAZON COM INC | AMZN | $892.31M | 16.5% | +20% shares |
| ELEVANCE HEALTH INC FORMERLY | ELV | $493.14M | 9.1% | unchanged |
| RESTAURANT BRANDS INTL INC | QSR | $489.61M | 9.0% | -16% shares |
| ALPHABET INC | GOOG | $484.74M | 8.9% | +16% shares |
| FERGUSON ENTERPRISES INC | FERG | $344.27M | 6.4% | unchanged |
| GENUINE PARTS CO | GPC | $332.25M | 6.1% | +89% shares |
| UNION PAC CORP | UNP | $322.43M | 6.0% | -23% shares |
| VISA INC | V | $240.63M | 4.4% | unchanged |
| WESCO INTL INC | WCC | $228.98M | 4.2% | -54% shares |
| AON PLC | $227.87M | 4.2% | -11% shares | |
| TELEFLEX INCORPORATED | TFX | $178.60M | 3.3% | -12% shares |
| NORWEGIAN CRUISE LINE HLDGS | $163.18M | 3.0% | +113% shares | |
| MOLINA HEALTHCARE INC | MOH | $144.91M | 2.7% | unchanged |
| CME GROUP INC | CME | $136.69M | 2.5% | new |
| HERBALIFE LTD | $121.77M | 2.3% | unchanged | |
| EAGLE MATLS INC | EXP | $119.42M | 2.2% | -41% shares |
| GDS HLDGS LTD | GDS | $113.21M | 2.1% | +24% shares |
| AMERICOLD REALTY TRUST INC | COLD | $107.37M | 2.0% | -12% shares |
| LIBERTY GLOBAL LTD | $93.97M | 1.7% | -36% shares | |
| GRUPO AEROMEXICO SAB DE CV | AERO | $87.84M | 1.6% | unchanged |
| AXALTA COATING SYS LTD | $43.61M | 0.8% | new | |
| DNOW INC | DNOW | $36.16M | 0.7% | -23% shares |
| PERSHING SQUARE INC | $12.88M | 0.2% | new |
What changed since Q1 2026
Against the Q1 2026 filing, Baupost Group opened 3 new positions, added to 5, trimmed 9, left 6 unchanged and exited 2. Every position is compared, matched on its CUSIP; a change of 2% or less in shares counts as unchanged.
Other quarters
Source: SEC Form 13F-HR, accession 0001061768-26-000010, filed by BAUPOST GROUP LLC/MA. Values are as filed and cover US-listed positions only; a 13F does not show short positions or holdings outside the US. A 13F may be filed up to 45 days after the quarter ends, so the fund may have traded since. Educational information, not financial advice.