Baupost Group (Seth Klarman) discloses updated portfolio positions in 13F filing: New FIS SGI ICLR ELV positions, Boosted QSR GOOG WCC EXP holdings, Exited SNRE HUM GPC
Highlights from Q1 2025 filing as compared to Q4 2024 (all amounts are approximate):
- New positions in: FIS (3.49 mln shares), SGI (703K), ICLR (405K), ELV (246K)
- Increased positions in: QSR (to 3.89 mln shares from 2.9 mln shares), GOOG (to 2.08 mln from 1.43 mln), WCC (to 2.01 mln from 1.44 mln), EXP (to 910K from 638K)
- Maintained positions in: GDS (4.25 mln shares), CRH (2.69 mln shares), DG (2.1 mln shares), FERG (1.13 mln shares)
- Closed positions in: SNRE (from 2.34 mln shares), HUM (from 346K), GPC (from 315K)
- Decreased positions in: CLVT (to 10.8 mln shares from 36.3 mln shares), LBTYK (to 24.7 mln from 39.5 mln), VSAT (to 10.2 mln from 12.2 mln), SOLV (to 1.05 mln from 1.45 mln), WTW (to 1.5 mln from 1.8 mln)