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Focused investors/Seth Klarman

Seth Klarman - Baupost Group

As of Q1 2026, Seth Klarman reported 22 long-equity positions worth $5.12B in aggregate.

Copy-investor backtest

Latest quarter
+2.79%
1-year
+38.08%
3-year
+52.44%
3-year top 5
+62.23%

Return from mechanically copying the disclosed 13F equity portfolio after each filing and rebalancing at the next. Method & limitations.

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

Live quotes available for 18 of 27 rows. Rows without a quote are marked unavailable.

1LBTYKLIBERTY GLOBAL LTD21.39%-42,311,011$755.25M$17.8552w: $8.39 - $11.43; reported $17.85
2WTWWILLIS TOWERS WATSON PLC LTD12.27%Add +6.2%1,652,648$433.23M$262.1452w: $195.29 - $278.86; reported $262.14
3CRHCFCRH PLC8.98%Add +56.0%4,226,602$316.91MNo quoteNo quote
4FISFIDELITY NATL INFORMATION SV7.49%Reduce -37.1%3,509,254$264.46M$75.3652w: $46.91 - $78.73; reported $75.36
5CLVTCLARIVATE PLC6.27%Add +27.2%38,929,635$221.51M$5.6952w: $5.19 - $10.03; reported $5.69
6GOOGALPHABET INC5.56%Reduce -63.8%1,069,588$196.18M$183.4252w: $115.83 - $187.50; reported $183.42
7VSATVIASAT INC4.95%Reduce -8.5%13,759,364$174.74M$12.7052w: $11.76 - $44.32; reported $12.70
8HUMHUMANA INC4.44%New420,000$156.93M$373.6552w: $298.61 - $530.54; reported $373.65
9JAZZJAZZ PHARMACEUTICALS PLC3.85%Add +52.8%1,274,248$136M$106.7352w: $103.01 - $146.70; reported $106.73
10WCCWESCO INTL INC3.61%Add +290.3%803,000$127.29M$158.5252w: $122.30 - $195.43; reported $158.52
11LBTYALIBERTY GLOBAL LTD3.55%-7,194,276$125.4M$17.4352w: $7.73 - $10.59; reported $17.43
12SOLVSOLVENTUM CORP2.73%New1,820,000$96.24M$52.8852w: $50.49 - $96.05; reported $52.88
13WSCWILLSCOT MOBIL MINI HLDNG CO2.63%New2,470,000$92.97M$37.6452w: $34.40 - $52.16; reported $37.64
14EXPEAGLE MATLS INC2.11%Add +30.6%342,102$74.39M$217.4652w: $145.03 - $276.61; reported $217.46
15FTREFORTREA HLDGS INC2.08%Add +933.7%3,140,360$73.3MNo quoteNo quote
16JJACOBS SOLUTIONS INC1.96%Reduce -2.5%494,218$69.05M$139.7152w: $97.74 - $127.79; reported $139.71
17HLFHERBALIFE LTD1.51%Add +128.3%5,124,526$53.24M$10.3952w: $6.68 - $19.48; reported $10.39
18GDSGDS HLDGS LTD1.12%Add +63.5%4,249,952$39.48M$9.2952w: $5.01 - $14.24; reported $9.29
19TBPHTHERAVANCE BIOPHARMA INC1.01%Reduce -36.3%4,200,021$35.62MNo quoteNo quote
20CPRICAPRI HOLDINGS LIMITED0.94%New1,000,000$33.08M$33.0852w: $30.79 - $54.52; reported $33.08
21LSXMKLIBERTY MEDIA CORP DEL0.66%Reduce -75.7%1,058,616$23.46MNo quoteNo quote
22VRSNVERISIGN INC0.53%New105,764$18.81M$177.8052w: $167.05 - $225.54; reported $177.80
23LSXMALIBERTY MEDIA CORP DEL0.38%Reduce -77.6%600,194$13.29MNo quoteNo quote
26WBDWARNER BROS DISCOVERY INC-Sold0$0No quoteNo quote
25SOUNSOUNDHOUND AI INC-Sold0$0No quoteNo quote
24OPTUALTICE USA INC-Sold0$0No quoteNo quote

Other instruments

Bonds, warrants, or non-share principal positions reported alongside the equity portfolio.

1OBOUTBRAIN INCNOTE 2.950% 7/2OTHER118,000,000$103.27M