 | |
Seth Klarman13F | |
| The Baupost Group | |
| Last update 2026-05-14 | 22 Stocks (6 new) |
| Value $5.12 Bil | Turnover 23 % |
Seth Klarman Investing Philosophy
Seth Klarman invests in a wide array of investments, ranging from fairly traditional value stocks to more esoteric investments like distressed debt, liquidations and foreign equities or bonds. Klarman doesn't mind "doing nothing" on occasion. He is completely unperturbed by the idea of sitting on the sidelines holding cash whenever investment opportunities are scarce. Investing, he cautions, is more than just producing absolute returns. Too often investors focus on that one easy number "return" and ignore the risks incurred to generate that number.
Seth Klarman's Portfolio
Seth Klarman Current Holdings
| Ticker | | Company | Shares | Value ($1000) | Shares Change % | Weighting % | Trade Impact % | % of Shares outstanding | 3M Change % | YTD Change % | Market Cap $Mil | Industry |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ticker | | Company | Shares | Value ($1000) | Shares Change % | Weighting % | Trade Impact % | % of Shares outstanding | 3M Change % | YTD Change % | Market Cap $Mil | Industry |
AON | Aon PLC | 769,000 | 248,220.0 | New Holding | 4.850 | +4.85% | 0.360 | +12.93% | +2.99% | 77,250.8 | Insurance | |
V | Visa Inc | 701,355 | 211,980.0 | New Holding | 4.140 | +4.14% | 0.040 | +15.21% | +1.85% | 676,526.3 | Credit Services | |
TFX | Teleflex Inc | 1,595,000 | 190,780.0 | New Holding | 3.730 | +3.73% | 3.600 | -3.02% | +8.84% | 5,848.1 | Medical Devices & Instruments | |
NCLH | Norwegian Cruise Line Holdings Ltd | 3,630,000 | 67,880.0 | New Holding | 1.330 | +1.33% | 0.790 | +4.65% | -13.22% | 8,893.0 | Travel & Leisure | |
PCVX | Vaxcyte Inc | 800,000 | 46,490.0 | New Holding | 0.910 | +0.91% | 0.550 | -8.12% | +18.47% | 7,892.8 | Biotechnology | |
DNOW | Dnow Inc | 3,625,000 | 43,170.0 | New Holding | 0.840 | +0.84% | 1.990 | +13.38% | +8.75% | 2,630.5 | Industrial Distribution | |
COLD | Americold Realty Trust Inc | 7,780,800 | 89,170.0 | +123.86% | 1.740 | +0.96% | 2.730 | +13.23% | +15.28% | 4,085.6 | REITs | |
AMZN | Amazon.com Inc | 3,118,754 | 649,540.0 | +47.01% | 12.700 | +4.06% | 0.030 | -12.08% | +0.56% | 2,496,832.7 | Retail - Cyclical | |
FERG | Ferguson Enterprises Inc | 1,442,411 | 336,460.0 | +26.86% | 6.580 | +1.39% | 0.740 | -12.15% | +4.82% | 44,735.6 | Industrial Distribution | |
GOOG | Alphabet Inc | 1,181,131 | 338,820.0 | +8.64% | 6.620 | +0.53% | 0.010 | -6.73% | +1.82% | 3,906,806.8 | Interactive Media | |
MOH | Molina Healthcare Inc | 633,609 | 84,460.0 | +1.38% | 1.650 | +0.02% | 1.220 | +12.28% | +13.84% | 10,312.1 | Healthcare Plans | |
WCC | WESCO International Inc | 1,436,881 | 393,160.0 | +1.27% | 7.690 | +0.10% | 2.950 | +5.14% | +36.37% | 16,193.4 | Industrial Distribution | |
AERO | Grupo Aeromexico SAB de CV | 4,880,188 | 68,370.0 | +0.52% | 1.340 | +0.01% | 3.340 | 0% | -31.83% | 2,184.2 | Transportation | |
ELV | Elevance Health Inc | 1,275,154 | 373,300.0 | +0.46% | 7.300 | +0.03% | 0.590 | +9.99% | +8.84% | 81,907.2 | Healthcare Plans | |
GPC | Genuine Parts Co | 1,490,348 | 157,600.0 | +0.29% | 3.080 | +0.01% | 1.080 | +15.47% | +3.05% | 17,123.6 | Vehicles & Parts | |
QSR | Restaurant Brands International Inc | 8,080,112 | 597,210.0 | 0% | 11.670 | 0% | 2.330 | -9.60% | +8.13% | 25,201.8 | Restaurants | |
HLF | Herbalife Ltd | 9,259,844 | 136,310.0 | 0% | 2.660 | 0% | 8.930 | -28.29% | -7.76% | 1,232.6 | Consumer Packaged Goods | |
GDS | GDS Holdings Ltd | 3,044,818 | 122,680.0 | 0% | 2.400 | 0% | 1.520 | -29.81% | -9.34% | 6,340.0 | Software | |
UNP | Union Pacific Corp | 1,540,995 | 373,880.0 | -5.30% | 7.310 | -0.38% | 0.260 | +14.97% | +34.24% | 182,571.3 | Transportation | |
EXP | Eagle Materials Inc | 892,763 | 169,130.0 | -24.68% | 3.310 | -1.15% | 2.840 | +2.41% | +3.58% | 6,597.7 | Building Materials |
Total 28
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