What Seth Klarman Bought in Q2 2026
Baupost Group · Quarterly 13F recap as filed with the SEC.
Period: 2026-06-30 · Filed
$5.42B
Total Value
23
Holdings
3
New Buys
7
Reduced
In Q2 2026, Seth Klarman reported 23 long equity positions worth $5.42B in their Baupost Group 13F filing, including 3 new positions (largest: CME GROUP INC at $136.7M) and 8 increased positions.
| Rank | Ticker | Company | Shares | Value | % Portfolio | Change |
|---|---|---|---|---|---|---|
| 1 | AMZN | AMAZON COM INC | 3743854 | $892.3M | 16.48% | +20.0% |
| 2 | ELV | ELEVANCE HEALTH INC FORMERLY | 1275154 | $493.1M | 9.11% | — |
| 3 | QSR | RESTAURANT BRANDS INTL INC | 6753112 | $489.6M | 9.04% | -16.4% |
| 4 | GOOG | ALPHABET INC | 1371931 | $484.7M | 8.95% | +16.2% |
| 5 | FERG | FERGUSON ENTERPRISES INC | 1450594 | $344.3M | 6.36% | +0.6% |
| 6 | GPC | GENUINE PARTS CO | 2816178 | $332.3M | 6.13% | +89.0% |
| 7 | UNP | UNION PAC CORP | 1185395 | $322.4M | 5.95% | -23.1% |
| 8 | V | VISA INC | 701355 | $240.6M | 4.44% | — |
| 9 | WCC | WESCO INTL INC | 662881 | $229.0M | 4.23% | +-53.9% |
| 10 | AON | AON PLC | 687000 | $227.9M | 4.21% | -10.7% |
| 11 | TFX | TELEFLEX INCORPORATED | 1409000 | $178.6M | 3.30% | -11.7% |
| 12 | NCLH | NORWEGIAN CRUISE LINE HLDGS | 7730000 | $163.2M | 3.01% | +112.9% |
| 13 | MOH | MOLINA HEALTHCARE INC | 633609 | $144.9M | 2.68% | — |
| 14 | CME | CME GROUP INC | 619000 | $136.7M | 2.52% | NEW |
| 15 | HLF | HERBALIFE LTD | 9259844 | $121.8M | 2.25% | — |
| 16 | EXP | EAGLE MATLS INC | 530763 | $119.4M | 2.21% | -40.5% |
| 17 | GDHLF | GDS HLDGS LTD | 3769818 | $113.2M | 2.09% | +23.8% |
| 18 | COLD | AMERICOLD REALTY TRUST INC | 6830230 | $107.4M | 1.98% | -12.2% |
| 19 | LBTYK | LIBERTY GLOBAL LTD | 8543161 | $94.0M | 1.74% | +-36.2% |
| 20 | AERO | GRUPO AEROMEXICO SAB DE CV | 4880188 | $87.8M | 1.62% | — |
| 21 | AXTA | AXALTA COATING SYS LTD | 1274356 | $43.6M | 0.81% | NEW |
| 22 | DNOW | DNOW INC | 2788000 | $36.2M | 0.67% | -23.1% |
| 23 | PS | PERSHING SQUARE INC | 392000 | $12.9M | 0.24% | NEW |