Institutional portfolio intelligence
Baupost Group Portfolio: Q2 2026 13F Holdings
23 active positions with $5.4M in reported quarter-end value. The top five positions account for 49.9% of this filing, led by AMZN.
13F-HR · CIK 0001061768 · Aug 13, 2026Open filing on SEC EDGAR ↗
Historical filing data, not live positions.Snapshot generated Sep 12, 2026 from SEC EDGAR 13F-HR information tables. 13F reports can arrive up to 45 days after quarter-end and omit many asset types.
01
Portfolio Snapshot
Total reported value$5.4M
Active holdings23
Top 5 concentration49.9%
Top 10 concentration74.9%
New positions3
Full exits2
02
Quarterly Takeaways
03
Top Holdings
Ranked by reported quarter-end market value
AMZNAMAZON COM INC
16.48%$892,310ELEVANCE HEALTH INC FORMERLYELEVANCE HEALTH INC FORMERLY
9.11%$493,140QSRRESTAURANT BRANDS INTL INC
9.04%$489,612GOOGALPHABET INC
8.95%$484,744FERGUSON ENTERPRISES INCFERGUSON ENTERPRISES INC
6.36%$344,269GENUINE PARTS COGENUINE PARTS CO
6.13%$332,253UNION PAC CORPUNION PAC CORP
5.95%$322,427VISA INCVISA INC
4.44%$240,628WESCO INTL INCWESCO INTL INC
4.23%$228,979AON PLCAON PLC
4.21%$227,87104
Position Changes
New 3
CME GROUP INCNew · $136,694
AXALTA COATING SYS LTDNew · $43,608
PERSHING SQUARE INCNew · $12,881
Increased 6
AMZN+20.0% · $892,310
GOOG+16.2% · $484,744
FERGUSON ENTERPRISES INC+0.6% · $344,269
GENUINE PARTS CO+89.0% · $332,253
NORWEGIAN CRUISE LINE HLDGS+112.9% · $163,180
GDS HLDGS LTD+23.8% · $113,208
Reduced 9
QSR-16.4% · $489,612
UNION PAC CORP-23.1% · $322,427
WESCO INTL INC-53.9% · $228,979
AON PLC-10.7% · $227,871
TELEFLEX INCORPORATED-11.7% · $178,605
EAGLE MATLS INC-40.5% · $119,422
Exited 2
WILLIS TOWERS WATSON PLC LTD-100.0% · $259,632
VAXCYTE INC-100.0% · $46,488
05
Full Holdings Table
Compare every reported position by shares, market value, quarter-end implied price, portfolio weight, and quarterly change. Implied price is calculated from the filing and is not the manager's purchase cost.
| Ticker | Company / class | Shares | Market value | Quarter-end implied price | Portfolio weight | Shares change | Weight change | Status |
|---|---|---|---|---|---|---|---|---|
| AMZN023135106 | AMAZON COM INCCOM | 3.7M | $892,310 | $0.24 | 16.48% | +20.0% | +3.8% | Increased |
| —036752103 | ELEVANCE HEALTH INC FORMERLYCOM | 1.3M | $493,140 | $0.39 | 9.11% | 0.0% | +1.8% | Unchanged |
| QSR76131D103 | RESTAURANT BRANDS INTL INCCOM | 6.8M | $489,612 | $0.07 | 9.04% | -16.4% | -2.6% | Reduced |
| GOOG02079K107 | ALPHABET INCCAP STK CL C | 1.4M | $484,744 | $0.35 | 8.95% | +16.2% | +2.3% | Increased |
| —31488V107 | FERGUSON ENTERPRISES INCCOMMON STOCK NEW | 1.5M | $344,269 | $0.24 | 6.36% | +0.6% | -0.2% | Increased |
| —372460105 | GENUINE PARTS COCOM | 2.8M | $332,253 | $0.12 | 6.13% | +89.0% | +3.1% | Increased |
| —907818108 | UNION PAC CORPCOM | 1.2M | $322,427 | $0.27 | 5.95% | -23.1% | -1.4% | Reduced |
| —92826C839 | VISA INCCOM CL A | 701,355 | $240,628 | $0.34 | 4.44% | 0.0% | +0.3% | Unchanged |
| —95082P105 | WESCO INTL INCCOM | 662,881 | $228,979 | $0.35 | 4.23% | -53.9% | -3.5% | Reduced |
| —G0403H108 | AON PLCSHS CL A | 687,000 | $227,871 | $0.33 | 4.21% | -10.7% | -0.6% | Reduced |
| —879369106 | TELEFLEX INCORPORATEDCOM | 1.4M | $178,605 | $0.13 | 3.30% | -11.7% | -0.4% | Reduced |
| —G66721104 | NORWEGIAN CRUISE LINE HLDGSSHS | 7.7M | $163,180 | $0.02 | 3.01% | +112.9% | +1.7% | Increased |
| —60855R100 | MOLINA HEALTHCARE INCCOM | 633,609 | $144,906 | $0.23 | 2.68% | 0.0% | +1.0% | Unchanged |
| —12572Q105 | CME GROUP INCCOM | 619,000 | $136,694 | $0.22 | 2.52% | New | +2.5% | New |
| —G4412G101 | HERBALIFE LTDCOM SHS | 9.3M | $121,767 | $0.01 | 2.25% | 0.0% | -0.4% | Unchanged |
| —26969P108 | EAGLE MATLS INCCOM | 530,763 | $119,422 | $0.23 | 2.21% | -40.5% | -1.1% | Reduced |
| —36165L108 | GDS HLDGS LTDSPONSORED ADS | 3.8M | $113,208 | $0.03 | 2.09% | +23.8% | -0.3% | Increased |
| —03064D108 | AMERICOLD REALTY TRUST INCCOM | 6.8M | $107,371 | $0.02 | 1.98% | -12.2% | +0.2% | Reduced |
| —G61188127 | LIBERTY GLOBAL LTDCOM CL C | 8.5M | $93,975 | $0.01 | 1.74% | -36.2% | -1.3% | Reduced |
| —40054J109 | GRUPO AEROMEXICO SAB DE CVSPONSORED ADS | 4.9M | $87,843 | $0.02 | 1.62% | 0.0% | +0.3% | Unchanged |
| —G0750C108 | AXALTA COATING SYS LTDCOM | 1.3M | $43,608 | $0.03 | 0.81% | New | +0.8% | New |
| —67011P100 | DNOW INCCOM | 2.8M | $36,160 | $0.01 | 0.67% | -23.1% | -0.2% | Reduced |
| —71531U102 | PERSHING SQUARE INCCOMMON STOCK | 392,000 | $12,881 | $0.03 | 0.24% | New | +0.2% | New |
| —G96629103 | WILLIS TOWERS WATSON PLC LTDSHS | 0 | $259,632 | $0.29 | 0.00% | -100.0% | -5.1% | Sold out |
| —92243G108 | VAXCYTE INCCOM | 0 | $46,488 | $0.06 | 0.00% | -100.0% | -0.9% | Sold out |
06
Portfolio Allocation
Classification coverage34.5%
Allocation is grouped using the available issuer classification in the filing snapshot.
Other / unclassified65.5%
$3.5MConsumer Discretionary25.5%
$1.4MCommunication Services9.0%
$484,74407
Historical Trends
Reported values are quarter-end 13F values, not live portfolio values.
Q2 2026Aug 13, 2026
$5.4M23 positionsQ1 2026May 14, 2026
$5.1M22 positionsQ4 2025Feb 13, 2026
$5.3M22 positionsQ3 2025Nov 13, 2025
$4.8M22 positionsQ2 2025Aug 13, 2025
$4.1M23 positions08
Similar Investors
Ranked by overlap in currently reported CUSIPs.
09
Investor Profile
- Manager
- Seth Klarman
- CIK
- 0001061768
- Investment approach
- Value-oriented portfolio with selective public equity exposure.
10
Frequently Asked Questions
What is Baupost Group's largest reported holding?
AMZN is the largest active reported position at 16.5% of the portfolio, with a reported value of $892.3K.
Which position did Baupost Group increase most?
AMZN was the largest increased position by current reported value at $892.3K.
Which position did Baupost Group reduce or exit most significantly?
QSR was the largest reduction or exit by prior-quarter reported value at $597.2K.
What new positions did Baupost Group open this quarter?
Baupost Group opened 3 new reported positions; the largest was CME GROUP INC at $136.7K.
How concentrated is Baupost Group's reported portfolio?
The five largest positions represent 49.9% of reported portfolio value.
Which sector is most important in Baupost Group's portfolio?
Other / unclassified is the largest classified allocation at 65.5% of reported value. Unclassified issuers may affect this estimate.
Does Baupost's 13F include private and distressed investments?
No. Private investments, many distressed instruments, cash, debt positions, and non-US securities may sit outside the filing.
11
Source and Methodology
- CIK
- 0001061768
- SEC accession
- 0001061768-26-000010
- Quarter
- 2026-06-30
- Filing date
- Aug 13, 2026
- Classification coverage
- 34.5%
13F filings are historical and delayed. Values may change because of trading, market-price movement, or differences in filing coverage.
Original SEC filing ↗