
	Seth Klarman 13F
	The Baupost Group

	Last update 2024-12-05	20 Stocks (5 new)
	Value $3.50 Bil	Turnover 13 %
	Countries: Top Holdings: LBTYK(26.10%)WTW(14.97%)CLVT(7.89%)GOOG(6.99%)CRH(6.98%) Portfolio Report

Seth Klarman Profile

Seth Klarman is a value investor and Portfolio Manager of the investment partnership The Baupost Group, which he founded in 1983. The guru, who authored the $1,000 book "Margin of Safety," received an economics degree at Cornell University and an MBA at Harvard University.

Seth Klarman Investing Philosophy

Seth Klarman invests in a wide array of investments, ranging from fairly traditional value stocks to more esoteric investments like distressed debt, liquidations and foreign equities or bonds. Klarman doesn't mind "doing nothing" on occasion. He is completely unperturbed by the idea of sitting on the sidelines holding cash whenever investment opportunities are scarce. Investing, he cautions, is more than just producing absolute returns. Too often investors focus on that one easy number "return" and ignore the risks incurred to generate that number.

Seth Klarman's Portfolio

Seth Klarman Current Holdings

Ticker
Ticker
QSR
LBRDA
DG
TBN
LBRDK
WCC
EXP
GOOG
WTW
HLF
GDS
LBTYA
LBTYK
CLVT
SOLV
VSAT
FTRE
J
CRH
FIS

Ticker	Company	Shares	Value ($1000)	Shares Change %	Weighting %	Trade Impact %	% of Shares outstanding	3M Change %	YTD Change %	Market Cap $Mil	Industry
Ticker	Company	Shares	Value ($1000)	Shares Change %	Weighting %	Trade Impact %	% of Shares outstanding	3M Change %	YTD Change %	Market Cap $Mil	Industry
QSR	Restaurant Brands International Inc	28,294	2040	New Holding	0.06	+0.06%	0.01	-6.43%	-13.36%	21229.378	Restaurants
LBRDA	Liberty Broadband Corp	7,560	580	New Holding	0.02	+0.02%	0.01	-1.08%	-5.70%	10925.143	Telecommunication Services
DG	Dollar General Corp	2,303,800	194830	New Holding	5.56	+5.56%	1.05	-11.78%	-44.15%	16371.267	Retail - Defensive
TBN	Tamboran Resources Corp	570,833	11600	New Holding	0.33	+0.33%	4.01	-9.38%	0%	257.862	Oil & Gas
LBRDK	Liberty Broadband Corp	170,610	13190	New Holding	0.38	+0.38%	0.12	-0.31%	-4.92%	10942.108	Telecommunication Services
WCC	WESCO International Inc	1,258,000	211320	+56.66%	6.03	+2.18%	2.57	+6.92%	+4.10%	8792.611	Industrial Distribution
EXP	Eagle Materials Inc	500,273	143900	+46.24%	4.11	+1.30%	1.49	-12.51%	+23.46%	8374.11	Building Materials
GOOG	Alphabet Inc	1,465,588	245030	+37.02%	6.99	+1.89%	0.01	+20.51%	+40.27%	2399930.555	Interactive Media
WTW	Willis Towers Watson PLC	1,781,206	524620	+7.78%	14.97	+1.08%	1.77	+9.72%	+32.43%	31869.54	Insurance
HLF	Herbalife Ltd	5,124,526	36850	0%	1.05	0%	5.08	-17.04%	-58.68%	641.662	Consumer Packaged Goods
GDS	GDS Holdings Ltd	4,249,952	86700	0%	2.47	0%	2.19	-8.55%	+115.90%	3835.512	Software
LBTYA	Liberty Global Ltd	7,194,276	151870	0%	4.33	0%	2.01	+13.34%	+35.40%	4536.385	Telecommunication Services
LBTYK	Liberty Global Ltd	42,311,011	914340	0%	26.1	0%	11.83	+14.40%	+33.25%	4539.793	Telecommunication Services
CLVT	Clarivate PLC	38,929,635	276400	0%	7.89	0%	5.48	-27.09%	-46.22%	3544.914	Software
SOLV	Solventum Corp	1,820,000	126890	0%	3.62	0%	1.05	-4.80%	0%	11477.996	Healthcare Providers & Services
VSAT	Viasat Inc	12,222,590	145940	-11.17%	4.17	-0.55%	9.57	-28.63%	-67.44%	1174.169	Hardware
FTRE	Fortrea Holdings Inc	2,293,167	45860	-26.98%	1.31	-0.56%	2.56	-15.29%	-46.09%	1700.713	Biotechnology
J	Jacobs Solutions Inc	350,681	45900	-29.04%	1.31	-0.57%	0.28	+7.68%	+25.74%	16784.473	Construction
CRH	CRH PLC	2,636,602	244520	-37.62%	6.98	-3.38%	0.39	+3.73%	+38.94%	64152.905	Building Materials
FIS	Fidelity National Information Services Inc	971,460	81360	-72.32%	2.32	-5.42%	0.18	-2.10%	+38.91%	44182.74	Software

100/Page

Total 28

Discussions on Seth Klarman

No discussions yet.

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Mobile App 中文

Education

Financial Glossary Tutorials FAQ Schedule Free Session Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Site Map Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.