OpenStocks
Super InvestorsCongress TradesInsider TradingETFsSectors
Pro
···
Smart money
  • Super investors
  • Most popular stocks
  • Biggest buys
  • Biggest sells
  • New positions
  • Smart-money signals
Insiders
  • Insider trading
  • Browse insiders
  • Transactions feed
  • Insider trading RSS
Congress
  • Congress stock trades
  • All members of Congress
  • Trades by committee
  • Congress trades RSS
Markets
  • ETFs
  • Sectors
  • Industries
  • Stock screener
  • Daily market digest
  • Blog
Built from publicly disclosed institutional and insider activity. Informational purposes only - not investment advice.OpenStocks · v0.1
Logos by elbstream.com
  1. Home/
  2. Super Investors/
  3. Seth Klarman (Baupost Group)
  • Overview
  • Portfolio22
  • Performance40Q
  • Options
  • Activity1.1k
  • News
Hedge Fund · CIK 0001061768

Seth Klarman

Baupost Group
Share
  • Consumer-Focused
  • Mid-Size Fund

Seth Klarman runs Baupost Group, a hedge fund overseeing $5.28B in disclosed equity holdings (SEC CIK 0001061768). The latest portfolio (2025Q4) discloses 22 positions across 8 sectors, with the largest positions in QSR, AMZN and WILLIS TOWERS WATSON PLC LTD. On a mark-to-market basis the tracked portfolio has returned 19.7% over the past year. OpenStocks tracks 40 consecutive quarterly snapshots for this manager — every position change, new entry, and exit is logged below.

Track Seth's filingsView holdings↓
Portfolio
$5.28B
Positions
22
Quarter
2025Q4
Filings tracked
40
1Y+19.7%Since filing+161.8%Full performance →
Quarter
2025Q42025Q32025Q22025Q12024Q42024Q32024Q22024Q12023Q42023Q32023Q22023Q1

Holdings

Sorted by value · 2024Q1
22 positions
1
G61188127LIBERTY GLOBAL LTD
20.44%
of portfolio
Number of shares
42,311,011 sh
Holdings current value
$746.37M
Avg closing price
$18.64
Last action
Trimmed 1.8%
2025Q4
Current —
2
GOOGALPHABET INC
Communication Services·Internet Content & Information
12.34%
of portfolio
Number of shares
2,957,652 sh
Holdings current value
$450.33M
Avg closing price
$158.61
+114.0%
Last action
Trimmed 20.7%
2025Q4
Current $339.40
3
G96629103WILLIS TOWERS WATSON PLC LTD
11.72%
of portfolio
Number of shares
1,555,667 sh
Holdings current value
$427.81M
Avg closing price
$247.73
Last action
Added 20.9%
2025Q4
Current —
4
FISFIDELITY NATL INFORMATION SV
Technology·Information Technology Services
11.34%
of portfolio
Number of shares
5,578,969 sh
Holdings current value
$413.85M
Avg closing price
$70.51
-31.2%
Last action
Added 14.7%
2025Q4
Current $48.50
5
VSATVIASAT INC
Technology·Communication Equipment
7.45%
of portfolio
Number of shares
15,030,838 sh
Holdings current value
$271.91M
Avg closing price
$66.35
-5.3%
Last action
Exited
2025Q3
Current $62.85
6
G25508105CRH PLC
6.40%
of portfolio
Number of shares
2,709,543 sh
Holdings current value
$233.72M
Avg closing price
$71.21
Last action
Trimmed 46.0%
2025Q4
Current —
7
G21810109CLARIVATE PLC
6.23%
of portfolio
Number of shares
30,598,402 sh
Holdings current value
$227.35M
Avg closing price
$6.78
Last action
Exited
2025Q2
Current —
8
LM0CLIBERTY MEDIA CORP DELTRK
3.54%
of portfolio
Number of shares
4,351,048 sh
Holdings current value
$129.27M
Avg closing price
$25.46
Last action
Exited
2024Q3
Current —
9
G61188101LIBERTY GLOBAL LTD
3.33%
of portfolio
Number of shares
7,194,276 sh
Holdings current value
$121.73M
Avg closing price
$17.77
Last action
Trimmed 29.4%
2025Q4
Current —
10
69002RAB9OUTBRAIN INC
2.81%
of portfolio
Number of shares
118,000,000 sh
Holdings current value
$102.55M
Avg closing price
$0.87
Last action
Exited
2024Q3
Current —
11
G50871105JAZZ PHARMACEUTICALS PLC
2.75%
of portfolio
Number of shares
833,696 sh
Holdings current value
$100.39M
Avg closing price
$126.29
Last action
Exited
2024Q3
Current —
12
531229813LIBERTY MEDIA CORP DEL
2.18%
of portfolio
Number of shares
2,677,656 sh
Holdings current value
$79.53M
Avg closing price
$25.45
Last action
Exited
2024Q3
Current —
13
JJACOBS SOLUTIONS INC
Industrials·Engineering & Construction
2.13%
of portfolio
Number of shares
506,786 sh
Holdings current value
$77.91M
Avg closing price
$134.29
-4.0%
Last action
Exited
2024Q4
Current $128.93
14
EXPEAGLE MATLS INC
Basic Materials·Building Materials
1.95%
of portfolio
Number of shares
262,000 sh
Holdings current value
$71.20M
Avg closing price
$237.87
-15.4%
Last action
Added 1496.4%
2025Q4
Current $201.28
15
G8807B106THERAVANCE BIOPHARMA INC
1.62%
of portfolio
Number of shares
6,594,126 sh
Holdings current value
$59.15M
Avg closing price
$17.29
Last action
Exited
2024Q3
Current —
16
WCCWESCO INTL INC
Industrials·Industrial Distribution
0.97%
of portfolio
Number of shares
205,724 sh
Holdings current value
$35.24M
Avg closing price
$165.07
+93.3%
Last action
Trimmed 29.1%
2025Q4
Current $319.06
17
WBDWARNER BROS DISCOVERY INC
Communication Services·Entertainment
0.89%
of portfolio
Number of shares
3,713,930 sh
Holdings current value
$32.42M
Avg closing price
$12.48
+120.0%
Last action
Exited
2024Q2
Current $27.47
18
G4412G101HERBALIFE NUTRITION LTD
0.62%
of portfolio
Number of shares
2,244,923 sh
Holdings current value
$22.56M
Avg closing price
$10.57
Last action
Added 201.4%
2025Q4
Current —
19
GDSGDS HLDGS LTDADR
Technology·Information Technology Services
0.47%
of portfolio
Number of shares
2,600,000 sh
Holdings current value
$17.29M
Avg closing price
$7.67
+482.4%
Last action
Trimmed 7.3%
2025Q4
Current $44.70
20
OPTUALTICE USA INC
Communication Services·Telecom Services
0.34%
of portfolio
Number of shares
4,774,615 sh
Holdings current value
$12.46M
Avg closing price
$4.38
-61.9%
Last action
Exited
2024Q2
Current $1.67
21
FTREFORTREA HLDGS INC
Healthcare·Biotechnology
0.33%
of portfolio
Number of shares
303,797 sh
Holdings current value
$12.19M
Avg closing price
$24.97
-58.4%
Last action
Exited
2024Q4
Current $10.38
22
SOUNSOUNDHOUND AI INC
Technology·Software - Application
0.15%
of portfolio
Number of shares
1,130,636 sh
Holdings current value
$5.55M
Avg closing price
$4.91
+64.5%
Last action
Exited
2024Q2
Current $8.08

Portfolio heatmap

Box size = % of portfolio · color = return since filing
LIBERTY GLOBAL LTD
20.44%
GOOG
12.34% · +122.9%
WILLIS TOWERS WATSON PLC LTD
11.72%
FIS
11.34% · -34.6%
VSAT
7.45% · +247.4%
CRH PLC
6.40%
CLARIVATE PLC
6.23%
LM0C
3.54%
LIBERTY GLOBAL LTD
3.33%
OUTBRAIN INC
2.81%
JAZZ PHARMACEUTICALS PLC
2.75%
LIBERTY MEDIA CORP DEL
2.18%
J
2.13% · -16.1%
EXP
1.95% · -25.9%
THERAVANCE BIOPHARMA INC
1.62%
WCC
0.97% · +86.3%
WBD
0.89% · +214.7%
HERBALIFE NUTRITION LTD
0.62%
GDS
0.47% · +572.2%
OPTU
0.34% · -36.0%
FTRE
0.33% · -74.1%
SOUN
0.15% · +64.5%

Sector exposure

Share of dollar value across the latest reported portfolio. Unclassified positions excluded.
  • Technology4 pos$708.6M50.6%
  • Communication Services3 pos$495.2M35.4%
  • Industrials2 pos$113.1M8.1%
  • Basic Materials1 pos$71.2M5.1%
  • Healthcare1 pos$12.2M0.9%
(61.6% unclassified, excluded from %)