Seth Klarman: Stock Portfolio, Performance and Latest Trades
Baupost Group
13F portfolio value
$5.4B
23 holdings at Q2 2026
Get an email when Seth Klarman files a new 13F report
Free, no account needed. Unsubscribe with one click.
Seth Klarman's portfolio
As of Q2 2026, filed August 13, 2026 · prices as of October 8, 2026
| Company | Share of portfolio | Average buy price | Return | Current price | Last quarter |
|---|---|---|---|---|---|
Amazon.com Inc.AMZN | 16.5% | $230.20 | +10.4% | $254.06 | Added +20% |
Anthem Inc.ELV | 9.11% | $353.35 | +13.5% | $400.94 | No change |
| 9.04% | $66.91 | +5.6% | $70.66 | Reduced −16% | |
Alphabet Inc.GOOG | 8.95% | $184.29 | +87.1% | $344.86 | Added +16% |
| 6.36% | $208.71 | +3.8% | $216.73 | Added +0.6% | |
| 6.13% | $119.96 | +6.8% | $128.17 | Added +89% | |
| 5.95% | $225.61 | +23.3% | $278.20 | Reduced −23% | |
| 4.44% | $321.55 | +16.7% | $375.10 | No change | |
| 4.23% | $172.78 | +106% | $355.93 | Reduced −54% | |
| 4.21% | $332.33 | −16.6% | $277.12 | Reduced −11% | |
| 3.30% | $110.25 | +12.6% | $124.19 | Reduced −12% | |
| 3.01% | $20.16 | −23.1% | $15.49 | Added +113% | |
| 2.68% | $164.30 | +19.1% | $195.76 | No change | |
| 2.52% | $276.63 | −0.1% | $276.44 | New | |
| 2.25% | $10.75 | +19.2% | $12.82 | No change | |
| 2.21% | $237.37 | −29.5% | $167.30 | Reduced −41% | |
| 2.09% | $13.30 | +129% | $30.44 | Added +24% | |
| 1.98% | $13.59 | +1.6% | $13.81 | Reduced −12% | |
Liberty Global Ltd-ALBTYK | 1.74% | $17.32 | −49.5% | $8.75 | Reduced −36% |
| 1.62% | $19.15 | −17.6% | $15.78 | No change | |
| 0.81% | $30.08 | +9.1% | $32.81 | New | |
Dnow Inc.DNOW | 0.67% | $13.53 | +15.6% | $15.65 | Reduced −23% |
| 0.24% | $36.11 | +50.8% | $54.44 | New |
Seth Klarman's buys and sells
| Company | Action | Shares change | Value now |
|---|---|---|---|
Liberty Global Ltd-ALBTYK | New | +42,311,011 | $788.7M |
Liberty Global PLC Lilac - AG5480U120 | Sold out | −42,311,011 | — |
Veritiv Corp.923454102 | Sold out | −3,324,324 | — |
Liberty Global Ltd-ALBTYA | New | +7,194,276 | $127.8M |
Liberty Global PLC Lilac - AG5480U104 | Sold out | −7,194,276 | — |
| Sold out | −927,000 | — | |
Alphabet Inc.GOOG | Reduced −23% | −882,000 | $415.7M |
Qorvo Inc.QRVO | Sold out | −935,612 | — |
Clarivate PLCCLVT | Added +13% | +3,000,000 | $236.1M |
Coinbase Global Inc.Bond19260QAB3 | Sold out | −93,750,000 | — |
| Sold out | −1,023,272 | — | |
| Reduced −55% | −1,270,091 | $62.9M | |
| Sold out | −600,000 | — | |
Liberty Media Corp.531229722 | Reduced −62% | −1,184,202 | $26.9M |
| Added +49% | +240,000 | $94.5M | |
| Reduced −50% | −2,993,000 | $29M | |
Advantage Solutions In-Cw2500791N102 | Sold out | −6,153,982 | — |
| Added +24% | +160,000 | $102.5M | |
Atara Biotherapeutics Inc.046513107 | Sold out | −9,773,616 | — |
| Reduced −4.9% | −139,148 | $82.7M | |
Liberty Media Corp.531229748 | Reduced −4.0% | −79,620 | $69.4M |
| Reduced −8.6% | −599,500 | $382.1M | |
| Reduced −0.8% | −13,546 | $25.6M | |
| Sold out | −2,329,285 | — |
Seth Klarman's portfolio by sector
Share of the stock portfolio at Q2 2026.
| Sector | Share |
|---|---|
| Industrials | 28% |
| Consumer Discretionary | 26% |
| Financials | 23% |
| Communication Services | 11% |
| Health Care | 5.5% |
| Materials | 3.0% |
| Technology | 2.1% |
| Real Estate | 2.0% |
Portfolio performance: Seth Klarman vs. benchmarks
Your result if you had bought each reported portfolio on the day it was made public and held it until the next report, against the S&P 500 and Nasdaq-100.
- You, copying after each 13F filing – estimated value
- S&P 500
- Nasdaq-100
| Total return | Per year | |
|---|---|---|
| You, copying after each 13F filing – estimated value | +19.8% | +3.7% |
| S&P 500 | +89.0% | +13.6% |
| Nasdaq-100 | +113.3% | +16.4% |
Prices were available for 67% of the portfolio value on average; the rest is left out of the return.
Seth Klarman's most traded stocks
Quarters with a buy or a sell, all reports since Q2 2013.
| Company | Quarters bought | Quarters sold |
|---|---|---|
| 24 | 19 | |
Alphabet Inc.GOOG | 11 | 13 |
Qorvo Inc.QRVO | 11 | 13 |
| 9 | 11 | |
| 11 | 9 | |
| 15 | 4 | |
| 9 | 9 | |
| 8 | 9 | |
Ebay Inc.EBAY | 8 | 8 |
| 11 | 4 | |
| 11 | 4 | |
| 8 | 6 | |
Viasat Inc.VSAT | 7 | 7 |
| 7 | 7 | |
| 8 | 6 |