Skip to main content
Focused investors/Seth Klarman

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.

Get email alerts when Seth Klarman files a new 13F — sign in or create a free account.

Updated 2026-06-06 from SEC 13F data.

Live quotes available for 9 of 24 rows. Rows without a quote are marked unavailable.

1BPBP PLC SPONSORED ADR15.37%Reduce -12.7%12,000,000$512.88M$42.74No quote
2VSATVIASAT INC COM14.52%-10,499,992$484.26M$46.12No quote
3HPQHEWLETT PACKARD CO COM14.48%Reduce -9.6%18,750,000$483M$25.76No quote
4THRXTHERAVANCE INC COM9.42%-14,225,961$314.39MNo quoteNo quote
5MSFTMICROSOFT CORP COM9.34%-12,000,000$311.52M$25.96No quote
6NWSANEWS CORP CL A8.04%Reduce -28.5%15,041,665$268.34M$17.84No quote
7NWSNEWS CORP CL B5.81%Add +148.8%10,658,335$193.77M$18.18No quote
8ANVALLIED NEVADA GOLD CORP COM3.64%Add +14.7%4,012,750$121.51MNo quoteNo quote
9AVEOAVEO PHARMACEUTICALS INC COM2.62%Add +1.7%5,084,652$87.46MNo quoteNo quote
10GNWGENWORTH FINL INC COM CL A1.96%-10,000,000$65.5MNo quoteNo quote
11NGNOVAGOLD RES INC COM NEW1.90%Add +49.3%7,466,275$63.31M$8.48No quote
12ENZNENZON PHARMACEUTICALS INC COM1.81%-9,000,878$60.31MNo quoteNo quote
13-THERAVANCE INC NOTE 3.000% 1/1CUSIP 88338TAA21.63%-51,000,000$54.44MNo quoteNo quote
14PDLIPDL BIOPHARMA INC COM1.49%Reduce -48.8%8,000,000$49.6MNo quoteNo quote
15ALRALERE INC COM1.38%Reduce -35.5%2,000,000$46.18MNo quoteNo quote
16ELOSSYNERON MEDICAL LTD ORD SHS1.33%-4,000,000$44.28MNo quoteNo quote
17IDIXIDENIX PHARMACEUTICALS INC COM1.26%Add +126.6%5,665,000$42.18MNo quoteNo quote
18TRGTTARGACEPT INC COM1.00%New6,000,000$33.42MNo quoteNo quote
19AOIALLIANCE ONE INTL INC COM0.72%-8,786,700$23.9MNo quoteNo quote
20CPFCENTRAL PAC FINL CORP COM NEW0.70%-1,800,000$23.26M$12.92No quote
21ITRNITURAN LOCATION AND CONTROL SHS0.69%-1,685,666$23.03M$13.66No quote
22MGAMMULTIMEDIA GAMES HLDG CO INC COM0.60%-2,525,000$20.05MNo quoteNo quote
23SCMRSYCAMORE NETWORKS INC COM NEW0.28%-530,871$9.5MNo quoteNo quote
24BBEPQBREITBURN ENERGY PARTNERS LP COM UT LTD PTN-Sold0$0No quoteNo quote