Baupost Seth Klarman
Holdings as of the end of Q2 2026, reported in its 13F filing on Aug 13, 2026; changes vs Q1 2026. Source
Reported value
$5.4B
at quarter-end prices
Positions
23
top 10 are 75% of it
Bought · Q2 2026
7
3 new, 4 added 20%+
Sold · Q2 2026
7
2 sold out, 5 cut 20%+
Holdings 23
| # | Stock | Company | Shares | Value | Of portfolio | Shares vs Q1 2026 |
|---|---|---|---|---|---|---|
| 1 | AMZN | AMAZON COM INC | 3,743,854 | $892.3M | 16.5% | +20% |
| 2 | ELV | ELEVANCE HEALTH INC FORMERLY | 1,275,154 | $493.1M | 9.1% | — |
| 3 | QSR | RESTAURANT BRANDS INTL INC | 6,753,112 | $489.6M | 9.0% | -16% |
| 4 | GOOG | ALPHABET INC | 1,371,931 | $484.7M | 9.0% | +16% |
| 5 | FERG | FERGUSON ENTERPRISES INC | 1,450,594 | $344.3M | 6.4% | +1% |
| 6 | GPC | GENUINE PARTS CO | 2,816,178 | $332.3M | 6.1% | +89% |
| 7 | UNP | UNION PAC CORP | 1,185,395 | $322.4M | 6.0% | -23% |
| 8 | V | VISA INC | 701,355 | $240.6M | 4.4% | — |
| 9 | WCC | WESCO INTL INC | 662,881 | $229M | 4.2% | -54% |
| 10 | AON | AON PLC | 687,000 | $227.9M | 4.2% | -11% |
| 11 | TFX | TELEFLEX INCORPORATED | 1,409,000 | $178.6M | 3.3% | -12% |
| 12 | — | NORWEGIAN CRUISE LINE HLDGS | 7,730,000 | $163.2M | 3.0% | +113% |
| 13 | MOH | MOLINA HEALTHCARE INC | 633,609 | $144.9M | 2.7% | — |
| 14 | CME | CME GROUP INC | 619,000 | $136.7M | 2.5% | new |
| 15 | HLF | HERBALIFE LTD | 9,259,844 | $121.8M | 2.2% | — |
| 16 | EXP | EAGLE MATLS INC | 530,763 | $119.4M | 2.2% | -41% |
| 17 | GDS | GDS HLDGS LTD | 3,769,818 | $113.2M | 2.1% | +24% |
| 18 | COLD | AMERICOLD REALTY TRUST INC | 6,830,230 | $107.4M | 2.0% | -12% |
| 19 | — | LIBERTY GLOBAL LTD | 8,543,161 | $94M | 1.7% | -36% |
| 20 | AERO | GRUPO AEROMEXICO SAB DE CV | 4,880,188 | $87.8M | 1.6% | — |
| 21 | — | AXALTA COATING SYS LTD | 1,274,356 | $43.6M | 0.81% | new |
| 22 | DNOW | DNOW INC | 2,788,000 | $36.2M | 0.67% | -23% |
| 23 | PS | PERSHING SQUARE INC | 392,000 | $12.9M | 0.24% | new |
Sold out in Q2 2026 2
13F filings list US-listed long positions (stocks and ADRs) at the quarter's end: no shorts, cash, bonds or foreign shares; options and principal amounts are left out here. Trades made after the quarter ended don't show until the next filing. Changes compare share counts with the quarter before (splits can show as adds). Not investment advice.