Seth Klarman · quarter digest
What Seth Klarman did in Q4 2025
Baupost Group filed 23 moves in Q4 2025: 20 new, 2 add, 1 trim, 0 exit.
13F filed 2026-02-14. Manager quality score: q9. Philosophy: Margin of safety. Cash is a position. Patience pays.
New positions · 20
Fresh money
QSRRESTAURANT BRANDS INTL INC
NEW·10.4% book·−5
AMZNAMAZON COM INC
NEW·9.3% book·−6
WTWWILLIS TOWERS WATSON PLC LTD
NEW·8.5% book·−6
ELVELEVANCE HEALTH INC FORMERLY
NEW·8.4% book·−7
UNPUNION PAC CORP
NEW·7.1% book·−4
WCCWESCO INTL INC
NEW·6.6% book·−7
FISFIDELITY NATL INFORMATION SV
NEW·5.7% book·−10
DGDOLLAR GEN CORP NEW
NEW·5.2% book·−7
FERGFERGUSON ENTERPRISES INC
NEW·4.8% book·−10
LBTYALIBERTY GLOBAL LTD
NEW·4.8% book·−7
EXPEAGLE MATLS INC
NEW·4.6% book·−7
GPCGENUINE PARTS CO
NEW·3.5% book·−7
FISVFISERV INC
NEW·2.8% book·−9
CRHCRH PLC
NEW·2.5% book·−14
HLFHERBALIFE LTD
NEW·2.3% book·−9
MOHMOLINA HEALTHCARE INC
NEW·2.1% book·−1
GDSGDS HLDGS LTD
NEW·2.0% book·−10
AEROGRUPO AEROMEXICO SAB DE CV
NEW·2.0% book·−6
COLDAMERICOLD REALTY TRUST INC
NEW·0.8% book·−6
TBNTAMBORAN RES CORP
NEW·0.1% book·−12
Adds · 2
Adding to conviction
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Remove with Pro →Trims · 1
Taking chips off
TRIM -12%·10.2% book·−3
“Continued Warner Bros. profit-taking.”
Current top holdings
Seth Klarman’s book, latest snapshot
Other quarters for Seth Klarman
Not investment advice. Data from 13F filings with HoldLens parsing. Methodology.
Deep dive
Reading for your research
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