Baupost Group
13F Holdings and Portfolio Analysis
Seth Klarman 2023 Q4 13F holdings, quarterly changes, portfolio value trend and position weight distribution.
Baupost Group Overview
Baupost Group held 23 stocks in 2023 Q4, with total market value around $4.59B.
Baupost Group's top five holdings in 2023 Q4: LIBERTY GLOBAL LTD COM CL C(LBTYA) 17.20%, VIASAT INC(VSAT) 9.86%, LIBERTY MEDIA CORP DEL COM LBTY SRM S C(LSXMK) 9.32%, ALPHABET INC CAP STK CL C(GOOG) 9.07%, FIDELITY NATL INFORMATION SV COM(FIS) 8.33%.
- Portfolio Value
- $4.59B
- Current Holdings
- 23 stocks
- New / Increased
- 2 / 3
- Reduced / Exited
- 8 / 11
Current Holdings
| 1 | LIBERTY GLOBAL LTD COM CL CLBTYA | 0.79 | 17.20% | 42.31 | $18.64 | - | $18.64 | +42.31 | 0.25 | $0.00B0.00% | New |
| 2 | VIASAT INCVSAT | 0.45 | 9.86% | 16.17 - | $27.95 | - | $64.69 | 0.00 | 10.75 | -$0.59B-56.80% | Held |
| 3 | LIBERTY MEDIA CORP DEL COM LBTY SRM S CLSXMK | 0.43 | 9.32% | 14.85 - | $28.78 | - | $25.46 | 0.00 | 0.50 | +$0.05B+13.04% | Held |
| 4 | ALPHABET INC CAP STK CL CGOOG | 0.42 | 9.07% | 2.95 -23.02% | $140.93 | $371.98 +163.95% | $238.46 | -0.88 | 4.00 | +$0.39B+55.99% | Reduced |
| 5 | FIDELITY NATL INFORMATION SV COMFIS | 0.38 | 8.33% | 6.36 -8.61% | $60.07 | - | $59.33 | -0.60 | 1.50 | +$0.00B+1.25% | Reduced |
| 6 | WILLIS TOWERS WATSON PLC LTD SHSWLTW | 0.38 | 8.18% | 1.56 - | $241.20 | - | $217.09 | 0.00 | 3.00 | +$0.04B+11.11% | Held |
| 7 | WARNER BROS DISCOVERY INC COM SER AWBD | 0.29 | 6.26% | 25.24 - | $11.38 | $27.01 +137.35% | $12.48 | 0.00 | 1.75 | +$0.37B+116.35% | Held |
| 8 | CLARIVATE PLCCLVT | 0.24 | 5.15% | 25.50 +13.33% | $9.26 | - | $7.01 | +3.00 | 0.50 | +$0.06B+32.10% | Increased |
| 9 | LIBERTY MEDIA CORP DEL COM LBTY SRM S ALSXMA | 0.24 | 5.13% | 8.18 - | $28.74 | - | $25.45 | 0.00 | 0.50 | +$0.03B+12.93% | Held |
| 10 | CRH PLC (CRH) COMMONCRH | 0.23 | 5.05% | 3.35 - | $69.16 | - | $54.73 | 0.00 | 0.50 | +$0.05B+26.37% | Held |
| 11 | LIBERTY GLOBAL LTD COM CL ALBTYA | 0.13 | 2.79% | 7.19 | $17.77 | - | $17.77 | +7.19 | 0.25 | $0.00B0.00% | New |
| 12 | JAZZ PHARMACEUTICALS PLCCUSIP G50871105 | 0.10 | 2.24% | 0.83 +23.75% | $123.00 | - | $102.44 | +0.16 | 1.00 | +$0.02B+20.07% | Increased |
| 13 | JACOBS SOLUTIONS INCCUSIP 46982L108 | 0.09 | 2.06% | 0.73 +49.20% | $129.80 | - | $134.29 | +0.24 | 0.50 | -$0.00B-3.34% | Increased |
| 14 | THERAVANCE BIOPHARMA INCCUSIP G8807B106 | 0.08 | 1.82% | 7.42 - | $11.24 | - | $22.69 | 0.00 | 9.75 | -$0.08B-50.46% | Held |
| 15 | TOWER SEMICONDUCTOR LTDCUSIP M87915274 | 0.08 | 1.80% | 2.71 -4.88% | $30.52 | - | $24.56 | -0.14 | 0.50 | +$0.02B+24.27% | Reduced |
| 16 | LIBERTY MEDIA CORP DELCUSIP 531229748 | 0.07 | 1.51% | 1.90 -4.02% | $36.55 | - | $31.92 | -0.08 | 0.50 | +$0.01B+14.50% | Reduced |
| 17 | SS&C TECHNOLOGIES HLDGS INC COMMON STOCKSSNC | 0.06 | 1.37% | 1.03 -55.25% | $61.11 | - | $60.11 | -1.27 | 3.75 | +$0.00B+1.67% | Reduced |
| 18 | GRAY TELEVISION INCCUSIP 389375106 | 0.03 | 0.73% | 3.76 - | $8.96 | - | $12.80 | 0.00 | 2.00 | -$0.01B-29.98% | Held |
| 19 | GARRETT MOTION INC COMMON STOCKGTX | 0.03 | 0.63% | 2.99 -49.99% | $9.67 | - | $15.25 | -2.99 | 2.75 | -$0.02B-36.59% | Reduced |
| 20 | LIBERTY MEDIA CORP DELCUSIP 531229722 | 0.03 | 0.59% | 0.72 -62.25% | $37.39 | - | $32.10 | -1.18 | 0.50 | +$0.00B+16.48% | Reduced |
| 21 | HERBALIFE LTD COM SHSHLF | 0.03 | 0.56% | 1.68 -0.80% | $15.26 | - | $14.88 | -0.01 | 1.25 | +$0.00B+2.56% | Reduced |
| 22 | OPTIMUM COMMUNICATIONS INC-AOPTU | 0.02 | 0.34% | 4.77 - | $3.25 | - | $4.38 | 0.00 | 1.25 | -$0.01B-25.78% | Held |
| 23 | FINCH THERAPEUTICS GROUP INCCUSIP 31773D200 | 0.00 | 0.01% | 0.07 - | $3.61 | - | $8.53 | 0.00 | 0.75 | -$0.00B-57.67% | Held |
Showing 1-23 of 23
"Holding Period (yrs)" is the latest uninterrupted holding duration, calculated by dividing continuous reported quarters by 4.
Cost basis is an estimate and can differ materially from the actual cost, especially in edge cases.
Cost basis estimate: from the latest uninterrupted holding period, new or increased shares are added to the cost pool at the report price; reductions remove shares at the then-average cost. Example: buy 100 shares at $10 in Q1 and add 50 shares at $16 in Q2, estimated cost basis is (100 x 10 + 50 x 16) / 150 = $12 per share.
Return shows estimated dollar return on top and percentage return below. It uses current price when available, otherwise report price.
Exited Holdings
Stocks no longer disclosed in the current 13F portfolio for 2023 Q4.
| 1 | LIBERTY GLOBAL PLC SHS CL CLBTYA | 42.31 | 5.25 | $15.61 | $18.56 | +$0.12B+18.87% |
| 2 | VERITIV CORPCUSIP 923454102 | 3.32 | 9.25 | $43.60 | $168.90 | +$0.42B+287.39% |
| 3 | LIBERTY GLOBAL PLC SHS CL ALBTYA | 7.19 | 5.25 | $28.18 | $17.77 | -$0.07B-36.95% |
| 4 | DOLLAR GEN CORP NEW COMDG | 0.93 | 0.50 | $42.45 | $105.80 | +$0.06B+149.26% |
| 5 | QORVO INCCUSIP 74736K101 | 0.94 | 6.75 | $144.65 | $112.62 | -$0.03B-22.15% |
| 6 | COINBASE GLOBAL INC Convertible BondCUSIP 19260QAB3可转换债券 | 93.75 | 1.00 | $0.69 | $0.91 | +$0.02B+32.43% |
| 7 | NEW ORIENTAL ED & TECHNOLOGY SPON ADREDU | 1.02 | 1.50 | $81.44 | $73.28 | -$0.01B-10.02% |
| 8 | SEAGATE TECHNOLOGY HLDNGS PL ORD SHSCUSIP G7997R103 | 0.60 | 0.75 | $62.83 | $85.37 | +$0.01B+35.87% |
| 9 | ADVANTAGE SOLUTIONS INCCUSIP 00791N102 | 6.15 | 3.00 | $12.90 | $2.84 | -$0.06B-77.98% |
| 10 | ATARA BIOTHERAPEUTICS INCCUSIP 046513107 | 9.77 | 9.00 | $22.60 | $1.48 | -$0.21B-93.45% |
| 11 | TRILOGY METALS INC NEWCUSIP 89621C105 | 2.33 | 7.25 | $0.87 | $0.49 | -$0.00B-43.73% |
Showing 1-11 of 11
Exited holdings are stocks disclosed in the previous report period but no longer disclosed in the current 13F portfolio.
"Holding Period (yrs)" is the latest uninterrupted holding duration, calculated by dividing continuous reported quarters by 4.
Cost basis uses the same weighted cost-pool method as current holdings. Estimated exit price uses the current report period weighted report price when available, otherwise the previous report price; it does not represent the actual sale price.
Exit return shows estimated dollar return on top and percentage return below.
Portfolio Visuals
Track portfolio value, position weights and Top 10 history.