Baupost Group (Seth Klarman)

Value investing with a wide margin of safety; the author of Margin of Safety.

What Seth Klarman held at Q2 2026: 23 positions, the largest AMZN +16.5 %, ELV +9.1 %, QSR +9.0 %, GOOG +9.0 %, FERG +6.4 %. Changes against the quarter before.

• AMZN – +16.5 %
• ELV – +9.1 %
• QSR – +9.0 %
• GOOG – +9.0 %
• FERG – +6.4 %
• GPC – +6.1 %
• UNP – +6.0 %
• V – +4.4 %
• WCC – +4.2 %
• AON – +4.2 %
• TFX – +3.3 %
• NCLH – +3.0 %
• MOH – +2.7 %
• CME – +2.5 %
• HLF – +2.2 %
• EXP – +2.2 %
• GDS – +2.1 %
• COLD – +2.0 %
• LIBERTY GLOBAL LTD – +1.7 %
• AERO – +1.6 %
• AXTA – +0.8 %
• DNOW – +0.7 %
• PS – +0.2 %