Seth Klarman - Baupost Group
As of Q2 2026, Seth Klarman reported 23 long-equity positions worth $5.42B in aggregate.
Copy-investor backtest
- Latest quarter
- +3.22%
- 1-year
- +20.94%
- 3-year
- +48.31%
- 5-year
- +12.01%
- 3-year vs S&P 500
- -25.70%
- 5-year vs S&P 500
- -61.90%
- 5-year top 5
- -0.29%
Return from mechanically copying the disclosed 13F equity portfolio after each filing and rebalancing at the next. The vs S&P 500 figures subtract SPY over that manager's own rebalance dates, so both sides cover the same days; both are price return, excluding dividends. Method & limitations.
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Updated 2026-06-06 from SEC 13F data.
Live quotes available for 9 of 28 rows. Rows without a quote are marked unavailable.
| 1 | VSAT | VIASAT INC | 20.02% | - | 11,000,000 | $786.06M | $71.46 | No quote |
| 2 | BP | BP PLC | 19.77% | Add +8.6% | 18,597,482 | $776.26M | $41.74 | No quote |
| 3 | THRX | THERAVANCE INC | 16.23% | Add +22.0% | 16,538,977 | $637.25M | No quote | No quote |
| 4 | MU | MICRON TECHNOLOGY INC | 15.14% | New | 41,500,000 | $594.7M | $14.33 | No quote |
| 5 | AIG | AMERICAN INTL GROUP INC | 11.52% | Reduce -14.6% | 10,120,227 | $452.37M | $44.70 | No quote |
| 6 | ROVI | ROVI CORP | 3.58% | Reduce -24.5% | 6,160,000 | $140.69M | No quote | No quote |
| 7 | IDIX | IDENIX PHARMACEUTICALS INC | 2.46% | Add +2.8% | 26,767,000 | $96.63M | No quote | No quote |
| 8 | CWSA | CITIGROUP INC | 1.89% | Add +0.1% | 94,246,007 | $74.08M | No quote | No quote |
| 9 | ORCL | ORACLE CORP | 1.87% | Reduce -29.5% | 2,386,890 | $73.3M | $30.71 | No quote |
| 10 | IMOS | CHIPMOS TECH BERMUDA LTD | 1.36% | New | 2,763,530 | $53.47M | No quote | No quote |
| 11 | NG | NOVAGOLD RES INC | 1.17% | - | 21,688,300 | $45.76M | $2.11 | No quote |
| 12 | ELOS | SYNERON MEDICAL LTD | 0.89% | - | 4,000,000 | $34.8M | No quote | No quote |
| 13 | AUY | YAMANA GOLD INC | 0.79% | New | 3,255,500 | $30.96M | No quote | No quote |
| 14 | AOI | ALLIANCE ONE INTL INC | 0.74% | Reduce -5.7% | 7,669,969 | $29.15M | No quote | No quote |
| 15 | CPF | CENTRAL PAC FINL CORP | 0.68% | Reduce -17.1% | 1,491,731 | $26.85M | $18.00 | No quote |
| 16 | ITRN | ITURAN LOCATION AND CONTROL | 0.45% | Reduce -22.3% | 1,038,342 | $17.52M | $16.87 | No quote |
| 17 | ENZN | ENZON PHARMACEUTICALS INC | 0.39% | - | 7,691,453 | $15.38M | No quote | No quote |
| 18 | AIGWS | AMERICAN INTL GROUP INC | 0.30% | Add +2.7% | 656,443 | $11.97M | No quote | No quote |
| 19 | KGC | KINROSS GOLD CORP | 0.27% | New | 2,102,700 | $10.72M | $5.10 | No quote |
| 20 | AVEO | AVEO PHARMACEUTICALS INC | 0.24% | Reduce -21.9% | 3,829,350 | $9.57M | No quote | No quote |
| 21 | NCQ | NOVACOPPER INC | 0.22% | - | 5,005,298 | $8.76M | No quote | No quote |
| 22 | PVG | PRETIUM RES INC | 0.03% | New | 155,700 | $1.03M | No quote | No quote |
| 26 | NWS | NEWS CORP CL B | - | Sold | 0 | $0 | No quote | No quote |
| 25 | MSFT | MICROSOFT CORP COM | - | Sold | 0 | $0 | No quote | No quote |
| 24 | ELN | ELAN PLC ADR | - | Sold | 0 | $0 | No quote | No quote |
| 23 | DTV | DIRECTV COM | - | Sold | 0 | $0 | No quote | No quote |
Other instruments
Bonds, warrants, or non-share principal positions reported alongside the equity portfolio.
| 1 | - | THERAVANCE INCNOTE 3.000% 1/1 | OTHER | 51,000,000 | $79.43M |
| 2 | - | MICRON TECHNOLOGY INCDEBT 1.875% 6/0 | OTHER | 11,367,000 | $15.2M |