Compounder

Seth Klarman

Net buying

BAUPOST GROUP LLC/MA — managed by Seth Klarman; US equity positions disclosed quarterly via SEC 13F

Portfolio value$5.12B
Holdings22
Latest period2026-03-31
Top holdingAMAZON COM INC
Holdings
SecurityValueSharesWeight
AMAZON COM INC23135106$649.5M3,118,75412.70%
RESTAURANT BRANDS INTL INC76131D103$597.2M8,080,11211.67%
WESCO INTL INC95082P105$393.2M1,436,8817.69%
UNION PAC CORP907818108$373.9M1,540,9957.31%
ELEVANCE HEALTH INC FORMERLY36752103$373.3M1,275,1547.30%
ALPHABET INC02079K107$338.8M1,181,1316.62%
FERGUSON ENTERPRISES INC31488V107$336.5M1,442,4116.58%
WILLIS TOWERS WATSON PLC LTDG96629103$259.6M893,1265.08%
AON PLCG0403H108$248.2M769,0004.85%
VISA INC92826C839$212.0M701,3554.14%
TELEFLEX INCORPORATED879369106$190.8M1,595,0003.73%
EAGLE MATLS INC26969P108$169.1M892,7633.31%
GENUINE PARTS CO372460105$157.6M1,490,3483.08%
LIBERTY GLOBAL LTDG61188127$157.2M13,397,2473.07%
HERBALIFE LTDG4412G101$136.3M9,259,8442.66%
GDS HLDGS LTD36165L108$122.7M3,044,8182.40%
AMERICOLD REALTY TRUST INC03064D108$89.2M7,780,8001.74%
MOLINA HEALTHCARE INC60855R100$84.5M633,6091.65%
GRUPO AEROMEXICO SAB DE CV40054J109$68.4M4,880,1881.34%
NORWEGIAN CRUISE LINE HLDGSG66721104$67.9M3,630,0001.33%
VAXCYTE INC92243G108$46.5M800,0000.91%
DNOW INC67011P100$43.2M3,625,0000.84%
Quarter Changes
New (6)
AON PLC$248.2M
VISA INC$212.0M
TELEFLEX INCORPORATED$190.8M
NORWEGIAN CRUISE LINE HLDGS$67.9M
VAXCYTE INC$46.5M
DNOW INC$43.2M
Exited (6)
FIDELITY NATL INFORMATION SV$0
DOLLAR GEN CORP NEW$0
FISERV INC$0
CRH PLC$0
LIBERTY GLOBAL LTD$0
TAMBORAN RES CORP$0
Added (9)
AMAZON COM INC+47.0%
WESCO INTL INC+1.3%
ELEVANCE HEALTH INC FORMERLY+0.5%
ALPHABET INC+8.6%
FERGUSON ENTERPRISES INC+26.9%
GENUINE PARTS CO+0.3%
AMERICOLD REALTY TRUST INC+123.9%
MOLINA HEALTHCARE INC+1.4%
Trimmed (4)
UNION PAC CORP-5.3%
WILLIS TOWERS WATSON PLC LTD-34.2%
EAGLE MATLS INC-24.7%
LIBERTY GLOBAL LTD-35.9%

Sources·SEC EDGAR 13F as of 2026-05-14