Baupost Group (Seth Klarman) discloses updated portfolio positions in 13F filing: New NCLH DNOW TFX PCVX V positions, Added to COLD AMZN FERG GOOG AERO, Exited FIS FISV LBTYA
Highlights from Q1 2026 filing as compared to Q4 2025 (all amounts are approximate):
- New: NCLH (3.6 mln shares), DNOW (3.6 mln), TFX (1.6 mln), PCVX (800K), AON (769K), V (701K)
- Increased: COLD (7.8 mln shares from 3.5 mln shares), AERO (4.88 mln from 4.86 mln), AMZN (3.1 mln from 2.1 mln), FERG (1.4 mln from 1.1 mln), GOOG (1.18 mln from 1.09 mln), MOH (634K from 625K)
- Maintained: HLF (9.3 mln shares), QSR (8.1 mln), GDS (3.0 mln), GPC (1.5 mln), WCC (1.4 mln), ELV (1.3 mln)
- Exited: FIS (from 4.5 mln shares), FISV (2.2 mln), LBTYA (2.1 mln), DG (2.06 mln), CRH (1.07 mln), TBN (257K)
- Decreased: LBTYK (13.4 mln shares from 20.9 mln shares), WTW (893K from 1.36 mln), EXP (893K from 1.19 mln), UNP (1.5 mln from 1.6 mln)