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Investor profile

Seth Klarman

Baupost Group · CEO · Net worth: ~$1.5B

Author of Margin of Safety — the most cited value-investing book never reprinted. Famous for holding 30%+ cash for years.

"Margin of safety. Cash is a position. Patience pays."
Tracked positions
6
Top concentration
53%
Longest holding
Liberty Global (since 2014)

Top holdings

TickerCompany% Portfolio
LBTYK
Liberty Global Class C
European cable — long activist position.
14.3%
WBD
Warner Bros. Discovery
Media turnaround / streaming consolidation.
11.8%
VST
Vistra Corp
Independent power producer + AI/data center thesis.
9.6%
FNF
Fidelity National Financial
Title insurance — long compounder.
7.1%
VTRS
Viatris
Generic pharma deep value.
5.4%
ALLY
Ally Financial
Auto lender at low multiples.
4.8%

Want Seth move-alerts?

One email per 13F filing. Summarizes every new position, exit, and trim.

Data sourced from Baupost Group 13F filings with the SEC. Approximate snapshot. Not investment advice.