Baupost Group

Seth KlarmanDeep ValueCIK 1061768 · EDGAR ↗

$5.4B13F portfolio21positions69.2 %top 10 conc.

Data as of Jun 30, 2026 (Q2 2026)13F filings arrive up to 45 days after quarter end — positions may have changed since.Source: SEC EDGAR

Activity

Q2 2026

AMZN increased the position by 20 % to 3.7M shares$892.3M

QSR reduced the position by 16.4 % to 6.8M shares$489.6M

FERG increased the position by 0.6 % to 1.5M shares$344.3M

GPC increased the position by 89 % to 2.8M shares$332.3M

UNP reduced the position by 23.1 % to 1.2M shares$322.4M

Portfolio · Q2 2026

1ADD+20 %
16.5 %$892.3M3.7M
2HOLD
9.1 %$493.1M1.3M
3TRIM-16.4 %
9 %$489.6M6.8M

The market around them

how many other managers hold the same

#	Position	% of portfolio	Others
1	AMZNAMAZON COM INC	16.5 %	+16
2	ELVELEVANCE HEALTH INC FORMERLY	9.1 %	+7
3	QSRRESTAURANT BRANDS INTL INC	9 %	+3
4	FERGFERGUSON ENTERPRISES INC	6.4 %	+5
5		6.1 %	+3
6		6 %	+7
7		4.4 %	+11
8		4.2 %	+3
9		4.2 %	+5
10		3.3 %	+2

Most in line with the market: AMZN (16 other managers). Loneliest position: TFX (2).

Closest to them

portfolio overlap

24 %
15.4 %

Overlap = Σ min(weight A, weight B) across shared positions, computed only from the mapped positions of both managers.

13F filings cover long US equity positions only — no shorts, bonds or cash. “% of portfolio” refers to the manager’s reported 13F portfolio, not the entire fund. All facts come from public SEC filings with a link to the original document; this is not investment advice.

#	Position	% of portfolio	Value	Shares	Δ Q/Q
1	AMZNAMAZON COM INC	16.5 %	$892.3M	3.7M	ADD+20 %
2	ELVELEVANCE HEALTH INC FORMERLY	9.1 %	$493.1M	1.3M	HOLD
3	QSRRESTAURANT BRANDS INTL INC	9 %	$489.6M	6.8M	TRIM-16.4 %
4		6.4 %	$344.3M	1.5M	ADD+0.6 %
5		6.1 %	$332.3M	2.8M	ADD+89 %
6		6 %	$322.4M	1.2M	TRIM-23.1 %
7		4.4 %	$240.6M	701.4K	HOLD
8		4.2 %	$229M	662.9K	TRIM-53.9 %
9		4.2 %	$227.9M	687K	TRIM-10.7 %
10		3.3 %	$178.6M	1.4M	TRIM-11.7 %
11		3 %	$163.2M	7.7M	ADD+112.9 %
12		2.7 %	$144.9M	633.6K	HOLD
13		2.5 %	$136.7M	619K	NEW
14		2.2 %	$121.8M	9.3M	HOLD
15		2.2 %	$119.4M	530.8K	TRIM-40.5 %
16		2.1 %	$113.2M	3.8M	ADD+23.8 %
17		2 %	$107.4M	6.8M	TRIM-12.2 %
18		1.6 %	$87.8M	4.9M	HOLD
19		0.8 %	$43.6M	1.3M	NEW
20		0.7 %	$36.2M	2.8M	TRIM-23.1 %
21		0.2 %	$12.9M	392K	NEW