Baupost Group’s Viasat VSAT Stock Holding History

Baupost Group’s Portfolio VSAT Stock Details VSAT Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q3	–	Sell	-9,190,728	Closed	-$134M	–	27
2025 Q2	$134M	Sell	9,190,728 -1,000,000	-10%	-$10.1M	3.25%	13
2025 Q1	$106M	Sell	10,190,728 -2,031,862	-17%	-$19.6M	3.04%	13
2024 Q4	$104M	Hold	12,222,590	–	–	3.03%	11
2024 Q3	$146M	Sell	12,222,590 -1,536,774	-11%	-$24.8M	4.15%	9
2024 Q2	$175M	Sell	13,759,364 -1,271,474	-8%	-$20.3M	4.81%	7
2024 Q1	$272M	Sell	15,030,838 -1,144,001	-7%	-$24M	7.45%	5
2023 Q4	$452M	Hold	16,174,839	–	–	9.86%	2
2023 Q3	$299M	Sell	16,174,839 -114,120	-0.7%	-$3.27M	5.73%	7
2023 Q2	$672M	Hold	16,288,959	–	–	11.97%	2
2023 Q1	$551M	Hold	16,288,959	–	–	9.43%	3
2022 Q4	$516M	Hold	16,288,959	–	–	8.41%	4
2022 Q3	$492M	Hold	16,288,959	–	–	8.5%	4
2022 Q2	$499M	Hold	16,288,959	–	–	7.37%	3
2022 Q1	$795M	Hold	16,288,959	–	–	8.55%	4
2021 Q4	$726M	Hold	16,288,959	–	–	7.16%	4
2021 Q3	$897M	Hold	16,288,959	–	–	8.24%	3
2021 Q2	$812M	Hold	16,288,959	–	–	6.59%	5
2021 Q1	$783M	Hold	16,288,959	–	–	6.24%	5
2020 Q4	$532M	Hold	16,288,959	–	–	4.91%	6
2020 Q3	$560M	Buy	16,288,959 +2,556,891	+19%	+$96.7M	6.05%	4
2020 Q2	$527M	Hold	13,732,068	–	–	6.58%	4
2020 Q1	$493M	Hold	13,732,068	–	–	7.28%	4
2019 Q4	$1.01B	Hold	13,732,068	–	–	11.1%	3
2019 Q3	$1.03B	Hold	13,732,068	–	–	11.71%	2
2019 Q2	$1.11B	Hold	13,732,068	–	–	10.05%	2
2019 Q1	$1.06B	Hold	13,732,068	–	–	8.94%	2
2018 Q4	$810M	Hold	13,732,068	–	–	7.03%	4
2018 Q3	$878M	Hold	13,732,068	–	–	6.73%	4
2018 Q2	$902M	Buy	13,732,068 +73,931	+0.5%	+$4.72M	7.89%	4
2018 Q1	$898M	Buy	13,658,137 +500,000	+4%	+$36.5M	8.66%	4
2017 Q4	$985M	Hold	13,158,137	–	–	9.74%	3
2017 Q3	$846M	Hold	13,158,137	–	–	10.55%	3
2017 Q2	$871M	Hold	13,158,137	–	–	9.95%	3
2017 Q1	$840M	Hold	13,158,137	–	–	9.89%	2
2016 Q4	$871M	Buy	13,158,137 +1,625,000	+14%	+$116M	11.36%	2
2016 Q3	$861M	Hold	11,533,137	–	–	12.24%	2
2016 Q2	$823M	Hold	11,533,137	–	–	11.18%	3
2016 Q1	$847M	Hold	11,533,137	–	–	12.24%	3
2015 Q4	$704M	Hold	11,533,137	–	–	12.76%	3
2015 Q3	$741M	Hold	11,533,137	–	–	12.35%	2
2015 Q2	$695M	Hold	11,533,137	–	–	11.59%	2
2015 Q1	$687M	Hold	11,533,137	–	–	11.55%	2
2014 Q4	$727M	Hold	11,533,137	–	–	14.28%	2
2014 Q3	$636M	Hold	11,533,137	–	–	11.07%	3
2014 Q2	$668M	Buy	11,533,137 +137,237	+1%	+$8.29M	10.89%	3
2014 Q1	$787M	Buy	11,395,900 +266,700	+2%	+$17.3M	19.02%	2
2013 Q4	$697M	Buy	11,129,200 +129,200	+1%	+$8.14M	19.76%	3
2013 Q3	$700M	Hold	11,000,000	–	–	20.01%	3
2013 Q2	$786M	Buy	+11,000,000	New	+$655M	19.54%	1

Other funds holding VSAT

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

OCP

OCO Capital Partners New York $408M AUM 141.9% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

DGI

Disciplined Growth Investors Minneapolis, Minnesota $4.89B AUM 33.85% 1-Year Est. Return

Neuberger Berman Group New York $131B AUM 28.36% 1-Year Est. Return

Canada Pension Plan Investment Board Toronto Ontario, Ontario, Canada $155B AUM 29.93% 1-Year Est. Return

American Century Companies Kansas City, Missouri $194B AUM 35% 1-Year Est. Return

Nuveen Charlotte, North Carolina $369B AUM 31.66% 1-Year Est. Return

Dimensional Fund Advisors Austin, Texas $481B AUM 30.42% 1-Year Est. Return

Baupost Group's VSAT Position: Q3 2025 in Review

Baupost Group sold out of Viasat (VSAT) in Q3 2025, closing a stake of 9,190,728 shares — an estimated $134M sold.

Baupost Group first reported a position in VSAT in Q2 2013 and held it in 49 quarters. The position peaked at $1.11B in Q2 2019. 299 funds tracked by Wall St. Rank hold VSAT as of Q3 2025.

Baupost Group reported no remaining Viasat position as of Q3 2025 after selling out during the quarter.
Baupost Group sold 9,190,728 Viasat shares in Q3 2025, an estimated $134M.
Baupost Group first reported a position in Viasat in Q2 2013 and held it in 49 quarters.
Baupost Group's Viasat position peaked at $1.11B in Q2 2019.
299 funds tracked by Wall St. Rank held Viasat as of Q3 2025.

Based on Baupost Group's 13F filing for Q3 2025, filed 13 Nov 2025.