We are live on ! Find out more
SK

Seth Klarman Baupost Group

AUM $5.42B
1-Year Est. Return 22.93%
 

Seth Klarman is the founder and CEO of the Baupost Group, one of the most respected value-oriented investment firms. He is the author of Margin of Safety and is known for patient, opportunistic capital allocation across equities, credit, and special situations. Klarman’s approach emphasizes downside protection, cash when opportunities are scarce, and independent thinking when markets become crowded.

This Fund
S&P 500
This Quarter Est. Return
+15.38%
1 Year Est. Return
+22.93%
3 Year Est. Return
+47.86%
5 Year Est. Return
+25.7%
10 Year Est. Return
+163.46%
AUM
$12.6B
AUM Growth
+$1.72B
Cap. Flow
+$263M
Cap. Flow %
2.1%
Top 10 Hldgs %
64.8%
Holding
72
New
27
Increased
7
Reduced
5
Closed
13

Top Buys

Rank Stock Value
1
WTW icon
Willis Towers Watson
WTW
+$545M
2
GOOG icon
Alphabet (Google) Class C
GOOG
+$419M
3
INTC icon
Intel
INTC
+$305M
4
IFF icon
International Flavors & Fragrances
IFF
+$272M
5
QRVO icon
Qorvo
QRVO
+$138M

Top Sells

Rank Stock Value
1
EBAY icon
eBay
EBAY
+$742M
2
FOXA icon
Fox Class A
FOXA
+$510M
3
MPC icon
Marathon Petroleum
MPC
+$318M
4
PARA
Paramount Global Class B
PARA
+$175M
5
VRNT
Verint Systems
VRNT
+$65.1M

Sector Composition

Rank Sector Weight
1 Technology 32.74%
2 Communication Services 31.24%
3 Financials 11.41%
4 Consumer Discretionary 9.34%
5 Healthcare 6.12%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
AJAX.WS
51
DELISTED
Capri Listco Redeemable Warrants, each warrant exercisable for one Class A ordinary share at an exer
AJAX.WS
$2.11M 0.02%
+1,250,000
New +$3.68M
AVAN.WS
52
DELISTED
Avanti Acquisition Corp. Redeemable Warrants, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50
AVAN.WS
$2.1M 0.02%
+2,000,000
New +$3.52M
LMACW
53
DELISTED
Liberty Media Acquisition Corporation Warrants
LMACW
$1.93M 0.02%
+640,000
New +$2.5M
RTP.WS
54
DELISTED
Reinvent Technology Partners Redeemable Warrants, each whole warrant exercisable for one Class A ord
RTP.WS
$1.77M 0.01%
+875,000
New +$2.87M
BSN.WS
55
DELISTED
Broadstone Acquisition Corp. Warrants, each whole warrant exercisable for one Class A ordinary share
BSN.WS
$1.02M 0.01%
+1,485,000
New +$1.82M
IIAC.WS
56
DELISTED
Investindustrial Acquisition Corp. Redeemable Warrants, each whole warrant exercisable for one Class
IIAC.WS
$574K ﹤0.01%
+700,000
New +$1.06M
SVFAW
57
DELISTED
SVF Investment Corp. Warrant
SVFAW
$414K ﹤0.01%
+200,000
New +$775K
RTPZ.WS
58
DELISTED
Reinvent Technology Partners Z Redeemable warrants, each whole warrant exercisable for one Class A o
RTPZ.WS
$316K ﹤0.01%
+200,000
New +$577K
MPC icon
59
Marathon Petroleum
MPC
$101B
– –
-7,690,721
Closed -$318M
PARA
60
DELISTED
Paramount Global Class B
PARA
– –
-4,700,000
Closed -$175M
SKIN icon
61
SkinHealth Systems
SKIN
$85M
– –
-3,960,000
Closed -$44.8M
VIST icon
62
Vista Energy
VIST
$7.7B
– –
-1,951,132
Closed -$5M
RADI
63
DELISTED
Radius Global Infrastructure, Inc. Class A Common Stock
RADI
– –
-1,501,342
Closed -$19.3M
HZON.U
64
DELISTED
Horizon Acquisition Corporation II Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant
HZON.U
– –
-3,500,000
Closed -$37.6M
AVAN.U
65
DELISTED
Avanti Acquisition Corp. Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant
AVAN.U
– –
-4,000,000
Closed -$43.4M
RBAC
66
DELISTED
RedBall Acquisition Corp.
RBAC
– –
-4,950,000
Closed -$53.9M
IIAC.U
67
DELISTED
Investindustrial Acquisition Corp. Units, each consisting of one Class A ordinary share and one-thir
IIAC.U
– –
-2,100,000
Closed -$21.6M
BSN.U
68
DELISTED
Broadstone Acquisition Corp. Units, each consisting of one Class A ordinary share and one-half of on
BSN.U
– –
-2,970,000
Closed -$31.2M
AJAX.U
69
DELISTED
Capri Listco Units, each consisting of one Class A ordinary share and one-fourth of one redeemable w
AJAX.U
– –
-5,000,000
Closed -$62M
RTP.U
70
DELISTED
Reinvent Technology Partners Units, each consisting of one Class A ordinary share and one-fourth of
RTP.U
– –
-3,500,000
Closed -$42.9M
RTPZ.U
71
DELISTED
Reinvent Technology Partners Z Units, each consisting of one Class A ordinary share and one-fifth o
RTPZ.U
– –
-1,000,000
Closed -$11.4M
1 2
3

Similar funds

SNT
SIG North Trading Bala Cynwyd, Pennsylvania $5.42B AUM 31.03% 1-Year Est. Return
MYIA
Mount Yale Investment Advisors Denver, Colorado $5.4B AUM 28.46% 1-Year Est. Return
O
OrbiMed New York $5.4B AUM 163.13% 1-Year Est. Return
RC
Resolution Capital Sydney, NSW, Australia $5.44B AUM 27.71% 1-Year Est. Return
SCM
Shelton Capital Management Denver, Colorado $5.39B AUM 56.42% 1-Year Est. Return
AC
AlphaCore Capital La Jolla, California $5.44B AUM 26.35% 1-Year Est. Return
TPCW
TD Private Client Wealth New York $5.44B AUM 18.56% 1-Year Est. Return
BJL
Brighton Jones LLC Seattle, Washington $5.38B AUM 27.31% 1-Year Est. Return

Seth Klarman's Q1 2021 Portfolio in Review

As of Q1 2021, Seth Klarman held 72 positions worth $12.6B, up 16% from $10.8B the previous quarter. Its ten largest holdings account for 65% of the portfolio.

Seth Klarman's Q1 2021 filing shows 27 new, 7 increased, 5 reduced and 13 closed positions. Its largest new stake was Willis Towers Watson: 2,500,000 shares worth $572M. The largest sale was eBay, an estimated $742M.

By sector, the portfolio is most concentrated in Technology at 33% of assets, up from 27% a quarter earlier, followed by Communication Services and Financials.

  • Seth Klarman's largest Q1 2021 buy was Willis Towers Watson: 2,500,000 shares worth $572M.
  • Seth Klarman added most to Alphabet (Google) Class C in Q1 2021, an estimated $419M increase.
  • Seth Klarman's biggest Q1 2021 reduction was eBay, cutting an estimated $742M.
  • Seth Klarman fully exited Marathon Petroleum in Q1 2021, selling an estimated $318M.
  • Seth Klarman's ten largest holdings make up 65% of its $12.6B portfolio in Q1 2021.
  • Seth Klarman opened 27 new positions and closed 13 in Q1 2021.
  • Seth Klarman's portfolio value rose 16% quarter-over-quarter to $12.6B.

Based on Baupost Group's 13F filing for Q1 2021, filed 14 May 2021.