Baupost Group Multi-Strategy Seth Klarman · Filed 2026-08-13 · CIK 0001061768 · Q2 2026
Seth Klarman — Interviews & Talks
Form ADV discretionary AUM, 2026-06-01i
$24.68B
13F Equity Value
$5.42B
As of Q2 2026
13F / AUM
21.9%
Mostly non-13F assets
13F long book at a glance — % of AUM
Holdings Activity Buys Sells History
% of AUMRECOMMENDED % of 13F
# Holding⇕ , sortable Ticker⇕ , sortable Value AUTO FULL K M B
% of AUM↓ , sorted descending # Shares Chg Shares⇕ , sortable % Chg⇕ , sortable % Out⇕ , sortable Source Weight 1 AMZN $ 892.3M
3.6% 3,743,854 +625,100 +20.0% 0.03% 13F 2 ELEVANCE HEALTH INC FORMERLY HIST ELV $ 493.1M
2.0% 1,275,154 — — 0.59% 13F 3 RESTAURANT BRANDS INTL INC HIST QSR $ 489.6M
2.0% 6,753,112 (1,327,000) (16.4%) 2.13% 13F 4 GOOG $ 484.7M
2.0% 1,371,931 +190,800 +16.2% 0.01% 13F 5 FERGUSON ENTERPRISES INC HIST FERG $ 344.3M
1.4% 1,450,594 +8,183 +0.6% 0.75% 13F 6 GPC $ 332.3M
1.3% 2,816,178 +1,325,830 +89.0% 2.04% 13F 7 UNP $ 322.4M
1.3% 1,185,395 (355,600) (23.1%) 0.20% 13F 8 V $ 240.6M
1.0% 701,355 — — 0.15% 13F 9 WCC $ 229.0M
0.9% 662,881 (774,000) (53.9%) 1.36% 13F 10 AON $ 227.9M
0.9% 687,000 (82,000) (10.7%) 0.32% 13F 11 TELEFLEX INCORPORATED HIST TFX $ 178.6M
0.7% 1,409,000 (186,000) (11.7%) 3.33% 13F 12 NORWEGIAN CRUISE LINE HLDGS HIST NCLH $ 163.2M
0.7% 7,730,000 +4,100,000 +112.9% 1.68% 13F 13 MOLINA HEALTHCARE INC HIST MOH $ 144.9M
0.6% 633,609 — — 1.21% 13F 14 CME $ 136.7M
0.6% 619,000 +619,000 NEW 0.93% 13F 15 HLF $ 121.8M
0.5% 9,259,844 — — 8.84% 13F 16 EXP $ 119.4M
0.5% 530,763 (362,000) (40.5%) — 13F 17 GDS $ 113.2M
0.5% 3,769,818 +725,000 +23.8% 0.25% 13F 18 AMERICOLD REALTY TRUST INC HIST COLD $ 107.4M
0.4% 6,830,230 (950,570) (12.2%) 2.39% 13F 19 LBTYK $ 94.0M
0.4% 8,543,161 (4,854,086) (36.2%) 2.53% 13F 20 GRUPO AEROMEXICO SAB DE CV HIST AERO $ 87.8M
0.4% 4,880,188 — — 0.33% 13F 21 AXALTA COATING SYS LTD HIST AXTA $ 43.6M
0.2% 1,274,356 +1,274,356 NEW — 13F 22 DNOW $ 36.2M
0.1% 2,788,000 (837,000) (23.1%) 1.54% 13F 23 PS $ 12.9M
0.1% 392,000 +392,000 NEW 0.10% 13F Positions are primarily from the latest 13F-HR. Schedule 13D/13G filings (>5% stakes) are merged in when present; they report shares and percent of class but not dollar value. Chg Shares is the absolute change vs the same position in the prior quarter's 13F. % Out is position shares ÷ issuer shares outstanding (from the issuer's latest XBRL cover-page figure; weighted-average basic shares as a fallback), or the percent of class reported on a 13D/13G. Where a figure can't be sourced from a filing it shows “—” — never an estimate.
Rockwood Research · Holdings data is sourced from SEC EDGAR 13F-HR filings and XBRL company facts. Capital denominators are reported facts (Form ADV discretionary AUM, total investment portfolio, or shareholders' equity) or omitted, and labelled by source. 13F filings disclose long US-listed equity positions only, on a ~45 day lag. Built with AI and not hand-checked figure-by-figure — verify against the linked filings. Nothing here is investment advice.
© 2026 Rockwood Research · rockwoodresearch.com · Methodology · Privacy · Terms · Rockwood Notes · Rockwood Archive · RSS · Advertising is sold by open auction on the Ad Exchange .