We are live on
!
Find out more
BG
Baupost Group Portfolio holdings
AUM
$5.12B
1-Year Est. Return
15.99%
This Fund
S&P 500
This Quarter
Est. Return
+3.24%
1 Year Est. Return
+15.99%
3 Year Est. Return
+34.54%
5 Year Est. Return
+18.79%
10 Year Est. Return
+138.91%
AUM
$5.61B
AUM Growth
-$233M
(-4%)
Cap. Flow
-$383M
Cap. Flow
% of AUM
-6.82%
Top 10 Holdings %
Top 10 Hldgs %
76.97%
Holding
35
New
4
Increased
7
Reduced
8
Closed
6
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Garrett Motion
GTX
|
+$180M |
| 2 |
Amazon
AMZN
|
+$110M |
| 3 |
Fidelity National Information Services
FIS
|
+$106M |
| 4 |
Dollar General
DG
|
+$47.9M |
| 5 |
Union Pacific
UNP
|
+$34.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
GTXAP
Garrett Motion Inc. Series A Cumulative Convertible Preferred Stock
GTXAP
|
+$227M |
| 2 |
Alphabet (Google) Class C
GOOG
|
+$200M |
| 3 |
Qorvo
QRVO
|
+$195M |
| 4 |
Skyworks Solutions
SWKS
|
+$83M |
| 5 |
FISV
Fiserv Inc
FISV
|
+$60.3M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Communication Services | 32.14% |
| 2 | Technology | 28% |
| 3 | Consumer Discretionary | 5.75% |
| 4 | Consumer Staples | 4.09% |
| 5 | Financials | 3.78% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
Liberty Global Class C
LBTYK
$3.47B
| $800M | 14.24% |
45,004,310
-2,500,000
| -5% | -$46.6M |
|
2
Viasat
VSAT
$9.88B
| $672M | 11.97% |
16,288,959
| – | – |
|
|
3
Alphabet (Google) Class C
GOOG
$4.1T
| $498M | 8.88% |
4,119,780
-1,732,000
| -30% | -$200M |
|
|
LSXMK
4
DELISTED
Liberty Media Corporation Series C Liberty SiriusXM Common Stock
LSXMK
| $486M | 8.66% |
19,172,703
| – | – |
|
|
VRTV
5
DELISTED
VERITIV CORPORATION
VRTV
| $418M | 7.44% |
3,324,324
| – | – |
|
|
6
Fidelity National Information Services
FIS
$23.8B
| $371M | 6.6% |
6,775,000
+1,933,451
| +40% | +$106M |
|
7
Warner Bros
WBD
$64.2B
| $316M | 5.64% |
25,235,094
| – | – |
|
|
LSXMA
8
DELISTED
Liberty Media Corporation Series A Liberty SiriusXM Common Stock
LSXMA
| $268M | 4.78% |
11,129,790
| – | – |
|
|
9
Qorvo
QRVO
$7.93B
| $267M | 4.76% |
2,617,703
-2,031,801
| -44% | -$195M |
|
10
SS&C Technologies
SSNC
$19.1B
| $225M | 4.02% |
3,720,430
+446,000
| +14% | +$25.4M |
|
11
Willis Towers Watson
WTW
$30.1B
| $213M | 3.78% |
902,367
+43,700
| +5% | +$10.1M |
|
|
12
Garrett Motion
GTX
$5.45B
| $197M | 3.51% |
26,070,589
+22,495,589
| +629% | +$180M |
|
13
New Oriental
EDU
$9.19B
| $163M | 2.9% |
4,118,784
-1,300,000
| -24% | -$52M |
|
|
14
Amazon
AMZN
$2.48T
| $126M | 2.24% |
+963,946
| New | +$110M |
|
15
Liberty Global Class A
LBTYA
$3.56B
| $121M | 2.16% |
7,194,276
| – | – |
|
16
Jazz Pharmaceuticals
JAZZ
$16.1B
| $83.5M | 1.49% |
673,696
+195,000
| +41% | +$26.2M |
|
17
Theravance Biopharma
TBPH
$875M
| $76.8M | 1.37% |
7,419,226
-3,000,000
| -29% | -$33.1M |
|
|
18
Dollar General
DG
$28.3B
| $41.1M | 0.73% |
+242,000
| New | +$47.9M |
|
19
Seagate
STX
$178B
| $37.1M | 0.66% |
600,000
+463,923
| +341% | +$28.3M |
|
|
20
Union Pacific
UNP
$173B
| $35.8M | 0.64% |
+175,000
| New | +$34.8M |
|
21
Gray Television
GTN
$437M
| $29.6M | 0.53% |
3,760,000
| – | – |
|
22
Herbalife
HLF
$1.28B
| $25.9M | 0.46% |
1,954,200
| – | – |
|
23
Advantage Solutions
ADV
$563M
| $24.9M | 0.44% |
426,055
-14,010
| -3% | -$600K |
|
24
Atara Biotherapeutics
ATRA
$70.6M
| $15.7M | 0.28% |
390,945
+26,000
| +7% | +$1.47M |
|
|
OPTU
25
Optimum Communications Inc
OPTU
$296M
| $14.4M | 0.26% |
4,774,615
| – | – |
|
Similar funds
PA
TAM
CIA
AC
EIC
CS
CIC
NC
Baupost Group's Q2 2023 Portfolio in Review
As of Q2 2023, Baupost Group held 35 positions worth $5.61B, down 4% from $5.85B the previous quarter. Its ten largest holdings account for 77% of the portfolio.
Baupost Group withdrew a net $383M in Q2 2023, closing 6 positions and reducing 8 holdings. Its most notable exit was Garrett Motion Inc. Series A Cumulative Convertible Preferred Stock, an estimated $227M position sold in full.
By sector, the portfolio is most concentrated in Communication Services at 32% of assets, down from 37% a quarter earlier, followed by Technology and Consumer Discretionary.
Against the trend, Baupost Group opened a new position in Amazon worth $126M.
- Baupost Group's largest Q2 2023 buy was Amazon: 963,946 shares worth $126M.
- Baupost Group added most to Garrett Motion in Q2 2023, an estimated $180M increase.
- Baupost Group's biggest Q2 2023 reduction was Alphabet (Google) Class C, cutting an estimated $200M.
- Baupost Group fully exited Garrett Motion Inc. Series A Cumulative Convertible Preferred Stock in Q2 2023, selling an estimated $227M.
- Baupost Group's ten largest holdings make up 77% of its $5.61B portfolio in Q2 2023.
- Baupost Group opened 4 new positions and closed 6 in Q2 2023.
- Baupost Group's portfolio value fell 4% quarter-over-quarter to $5.61B.
Based on Baupost Group's 13F filing for Q2 2023, filed 11 Aug 2023.