Seth Klarman · quarter digest
What Seth Klarman did in Q2 2026
Baupost Group filed 19 moves in Q2 2026: 3 new, 5 add, 9 trim, 2 exit.
13F filed 2026-08-14. Manager quality score: q9. Philosophy: Margin of safety. Cash is a position. Patience pays.
New positions · 3
Fresh money
CMECME GROUP INC
NEW·2.5% book·−4
AXTAAXALTA COATING SYS LTD
NEW·0.8% book·−7
PSPERSHING SQUARE INC
NEW·0.2% book·−10
Adds · 5
Adding to conviction
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Remove with Pro →Trims · 9
Taking chips off
QSRRESTAURANT BRANDS INTL INC
TRIM -16%·9.0% book·−5
UNPUNION PAC CORP
TRIM -23%·6.0% book·−4
AONAON PLC
TRIM -11%·4.2% book·−17
WCCWESCO INTL INC
TRIM -54%·4.2% book·−7
TFXTELEFLEX INCORPORATED
TRIM -12%·3.3% book·−7
EXPEAGLE MATLS INC
TRIM -41%·2.2% book·−7
COLDAMERICOLD REALTY TRUST INC
TRIM -12%·2.0% book·−6
LBTYKLIBERTY GLOBAL LTD
TRIM -36%·1.7% book·−1
DNOWDNOW INC
TRIM -23%·0.7% book·−10
Exits · 2
Closed positions
WTWWILLIS TOWERS WATSON PLC LTD
EXIT·0.0% book·−6
PCVXVAXCYTE INC
EXIT·0.0% book·−4
Current top holdings
Seth Klarman’s book, latest snapshot
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Not investment advice. Data from 13F filings with HoldLens parsing. Methodology.
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