BAUPOST GROUP LLC/MA — 13F Holdings & Portfolio
CIK 1061768 · latest 13F-HR filed 2026-08-13
BAUPOST GROUP LLC/MA manages $5.42B in 13F-reported U.S. long-equity assets across 23 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are AMZN (16.48%), ELV (9.11%), QSR (9.04%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 3 new positions and exited 2; 9 existing positions rose in reported value and 10 fell.
AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.
Loading holdings…
AUM
$5.42B
Long-equity book
Holdings
23
Distinct positions
Period
2026-06-30
Filed 2026-08-13
Q/Q Activity
+3 / −2 / ↑9 / ↓10
vs 2026-03-31
Portfolio charts
Latest quarter's book, what changed, and how the portfolio has evolved across filings.
Portfolio map
Q2 26AMZN16.5% · +20%ELV9.1% · 0%QSR9.0% · -16%GOOG8.9% · +16%FERG6.4% · +1%GPC6.1% · +89%UNP6.0% · -23%V4.4% · 0%WCC4.2% · -54%AON4.2% · -11%TFX3.3% · -12%NCLH3.0% · +113%MOH2.7% · 0%CME2.5% · newHLF2.2% · 0%EXP2.2% · -40%GDS2.1% · +24%COLD2.0% · -12%LBTYK1.7% · -36%AERO1.6% · 0%AXTA0.8% · newDNOW0.7% · -23%PS0.2% · new
Box size = position value; colour = change in share count vs the prior quarter (green added, red trimmed, blue new). Rows split across managers or share classes are combined. Click a box for the stock.
Sector mix
% of 13F valueSectors from each company's SIC code; funds and ETFs grouped separately.
Biggest buys and sells
Q1 26 → Q2 26Estimated from the change in shares held × the quarter-end price, so price moves alone don't count as buying. New and exited positions are included.
13F assets and positions
4 quartersTotal reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.
Top positions over time
reported valueThe eight largest current positions, valued at each quarter end.
Concentration
top 10 = 74.9%Cumulative share of the portfolio held in the largest N positions.
Firm Profile & Key People
As of the firm’s regulatory filing dated Mar 30, 2026.
Assets Under Management
$24.68B
Discretionary
$24.68B
Employees
210
Accounts
12
Address
10 ST. JAMES AVE. SUITE 1700
BOSTON, MA 02116
BOSTON, MA 02116
Phone
(617) 210-8300
This firm reports 2 disclosure items on its registration.
| Name | Title / Status | Ownership | Type |
|---|---|---|---|
| AZRACK, NICHOLAS, JOHN Control | PARTNER since Jan 2021 | Less than 5% | Individual |
| BAUPOST GROUP GP, L.L.C. Control | NON-MEMBER MANAGER since Jan 2018 | Less than 5% | Domestic Entity |
| BAUPOST GROUP, L.P. Control | MEMBER since Jan 2018 | 75% or more | Domestic Entity |
| BLUMENTHAL, THOMAS, WILLIAM Control | PARTNER since Dec 2017 | Less than 5% | Individual |
| CARONA, RICHARD, G Control | PARTNER since Jan 2022 | Less than 5% | Individual |
| DAVID, JAMES, ANDREW WATSON Control | PARTNER since Jan 2021 | Less than 5% | Individual |
| DOW, RYAN, COAD Control | PARTNER since Jan 2023 | Less than 5% | Individual |
| FOGEL, FREDERICK, HAROLD Control | PARTNER AND GENERAL COUNSEL since Dec 2017 | Less than 5% | Individual |
| GREENHILL, JOSHUA, ARON SOLOMON Control | PARTNER since Dec 2017 | Less than 5% | Individual |
| KLARMAN, SETH, ANDREW Control | PARTNER AND CHIEF EXECUTIVE OFFICER since Dec 2017 | Less than 5% | Individual |
| MANN, ELAINE, FRAZER Control | PARTNER AND CHIEF OPERATING OFFICER since Dec 2017 | Less than 5% | Individual |
| MCELANEY, ANDREW, JAMES Control | PARTNER since Jan 2023 | Less than 5% | Individual |
| MOONEY, JAMES, FRANCIS Control | PARTNER AND PRESIDENT since Dec 2017 | Less than 5% | Individual |
| PRICE, JASON, JAMES Control | PARTNER AND CHIEF FINANCIAL OFFICER since Jan 2020 | Less than 5% | Individual |
| SPERLING, MICHAEL, MEIR Control | PARTNER since Jan 2019 | Less than 5% | Individual |
| MARCHEK, ANNA, E | CHIEF COMPLIANCE OFFICER since Mar 2026 | Less than 5% | Individual |
| BAUPOST GROUP GP2, L.L.C. Control Indirect owner via BAUPOST GROUP, L.P. | GENERAL PARTNER since Jan 2018 | General partner, trustee or manager | Domestic Entity |
| BAUPOST GROUP HOLDINGS, L.P. Control Indirect owner via BAUPOST GROUP, L.P. | LIMITED PARTNER since Jan 2018 | 75% or more | Domestic Entity |
| KLARMAN, SETH, ANDREW Control Indirect owner via BAUPOST GROUP GP, L.L.C. | MANAGING MEMBER since Jan 2018 | 75% or more | Individual |
| KLARMAN, SETH, ANDREW Control Indirect owner via THE SETH A. KLARMAN 1986 TRUST | TRUSTEE since Jan 2018 | General partner, trustee or manager | Individual |
| THE SETH A. KLARMAN 1986 TRUST Control Indirect owner via BAUPOST GROUP HOLDINGS, L.P. | LIMITED PARTNER since Jan 2018 | 25–50% | Domestic Entity |
Ownership & leadership changes · 18 filings with changes since Mar 30, 2012
From the firm’s regulatory filings, newest first. Dates are filing dates: a filing that no longer lists someone does not say when they left.
Mar 30, 2026 filing
- No longer listedCOHEN, JACK, D · CHIEF COMPLIANCE OFFICER AND SENIOR REGULATORY COUNSEL · Less than 5% · listed since May 2017
- AddedMARCHEK, ANNA, E · CHIEF COMPLIANCE OFFICER · Less than 5%
- ChangedTHE SETH A. KLARMAN 1986 TRUST · indirect via BAUPOST GROUP HOLDINGS, L.P.: ownership 50–75% → 25–50%
Mar 28, 2025 filing
- No longer listedCIONGOLI, GREGORY, AUSTIN · PARTNER · Less than 5% · control person · listed since Jan 2014
- No longer listedRIZK, GEORGE, NMN · PARTNER · Less than 5% · control person · listed since Mar 2011
- ChangedTHE SETH A. KLARMAN 1986 TRUST · indirect via BAUPOST GROUP HOLDINGS, L.P.: ownership 25–50% → 50–75%
Mar 28, 2024 filing
- No longer listedDONG, JIANSHU · PARTNER · Less than 5% · control person · listed since Jan 2022
- No longer listedFREIBAUM, DAVID, JEREMY · PARTNER · Less than 5% · control person · listed since Jan 2023
Mar 29, 2023 filing
- AddedDOW, RYAN, COAD · PARTNER · Less than 5% · control person
- AddedFREIBAUM, DAVID, JEREMY · PARTNER · Less than 5% · control person
- AddedMCELANEY, ANDREW, JAMES · PARTNER · Less than 5% · control person
Mar 29, 2022 filing
- AddedCARONA, RICHARD, G · PARTNER · Less than 5% · control person
- AddedDONG, JIANSHU · PARTNER · Less than 5% · control person
Jun 28, 2021 filing
- AddedKLARMAN, SETH, ANDREW · TRUSTEE · General partner, trustee or manager · indirect via THE SETH A. KLARMAN 1986 TRUST · control person
Mar 30, 2021 filing
- No longer listedBRALOWER, ROBERT, ANDREW · PARTNER · Less than 5% · control person · listed since Jan 2016
- No longer listedTSOCANOS, MARK, ANDONIS · PARTNER · Less than 5% · control person · listed since Jan 2017
- AddedAZRACK, NICHOLAS, JOHN · PARTNER · Less than 5% · control person
- AddedDAVID, JAMES, ANDREW WATSON · PARTNER · Less than 5% · control person
Mar 30, 2020 filing
- ChangedPRICE, JASON, JAMES · title CHIEF FINANCIAL OFFICER → PARTNER AND CHIEF FINANCIAL OFFICER
Mar 29, 2019 filing
- No longer listedO'CONNOR, BARBARA, ROSE · PARTNER · Less than 5% · control person · listed since Sep 2018
- AddedSPERLING, MICHAEL, MEIR · PARTNER · Less than 5% · control person
Sep 7, 2018 filing
- AddedPRICE, JASON, JAMES · CHIEF FINANCIAL OFFICER · Less than 5% · control person
- ChangedO'CONNOR, BARBARA, ROSE · title PARTNER AND CHIEF FINANCIAL OFFICER → PARTNER
Older changes (9 more filings)
Jan 9, 2018 filing
- No longer listedKLARMAN, SETH, ANDREW · SHAREHOLDER · 75% or more · indirect via SAK CORPORATION · control person · listed since Oct 1996
- No longer listedPOORVU, WILLIAM, JAMES · TRUSTEE · General partner, trustee or manager · indirect via WILLIAM J. POORVU REVOCABLE TRUST · listed since Jan 1998
- No longer listedSAK CORPORATION · MANAGER · Less than 5% · control person · listed since Jan 1998
- No longer listedWILLIAM J. POORVU REVOCABLE TRUST · MEMBER · 10–25% · listed since Jan 1998
- AddedBAUPOST GROUP GP, L.L.C. · NON-MEMBER MANAGER · Less than 5% · control person
- AddedBAUPOST GROUP GP2, L.L.C. · GENERAL PARTNER · General partner, trustee or manager · indirect via BAUPOST GROUP, L.P. · control person
- AddedBAUPOST GROUP HOLDINGS, L.P. · LIMITED PARTNER · 75% or more · indirect via BAUPOST GROUP, L.P. · control person
- AddedBAUPOST GROUP, L.P. · MEMBER · 75% or more · control person
- AddedKLARMAN, SETH, ANDREW · MANAGING MEMBER · 75% or more · indirect via BAUPOST GROUP GP, L.L.C. · control person
- AddedTHE SETH A. KLARMAN 1986 TRUST · LIMITED PARTNER · 25–50% · indirect via BAUPOST GROUP HOLDINGS, L.P. · control person
- ChangedKLARMAN, SETH, ANDREW · ownership 25–50% → Less than 5%
- ChangedMOONEY, JAMES, FRANCIS · ownership 5–10% → Less than 5%
May 3, 2017 filing
- No longer listedSTONE, SCOTT, ARTHUR · CHIEF COMPLIANCE OFFICER AND SENIOR REGULATORY COUNSEL · Less than 5% · listed since Jan 2017
- AddedCOHEN, JACK, D · CHIEF COMPLIANCE OFFICER AND SENIOR REGULATORY COUNSEL · Less than 5%
Jan 20, 2017 filing
- No longer listedDEMICHELE, MICHAEL, FRANK · PARTNER · Less than 5% · control person · listed since Jan 2014
- AddedTSOCANOS, MARK, ANDONIS · PARTNER · Less than 5% · control person
- ChangedKLARMAN, SETH, ANDREW · title PRESIDENT AND CHIEF EXECUTIVE OFFICER → PARTNER AND CHIEF EXECUTIVE OFFICER
- ChangedMOONEY, JAMES, FRANCIS · title PARTNER → PARTNER AND PRESIDENT
- ChangedSTONE, SCOTT, ARTHUR · title CHIEF COMPLIANCE OFFICER AND REGULATORY COUNSEL → CHIEF COMPLIANCE OFFICER AND SENIOR REGULATORY COUNSEL
Mar 29, 2016 filing
- No longer listedPOORVU, WILLIAM, JAMES · MEMBER · 10–25% · listed since Jan 1998
- No longer listedSPECTOR, BRIAN, LEE · PARTNER · Less than 5% · control person · listed since May 2004
- AddedBRALOWER, ROBERT, ANDREW · PARTNER · Less than 5% · control person
- AddedFOGEL, FREDERICK, HAROLD · PARTNER AND GENERAL COUNSEL · Less than 5% · control person
- AddedPOORVU, WILLIAM, JAMES · TRUSTEE · General partner, trustee or manager · indirect via WILLIAM J. POORVU REVOCABLE TRUST
- AddedWILLIAM J. POORVU REVOCABLE TRUST · MEMBER · 10–25%
- ChangedSAK CORPORATION · title MEMBER → MANAGER
- ChangedSTONE, SCOTT, ARTHUR · title GENERAL COUNSEL AND CHIEF COMPLIANCE OFFICER → CHIEF COMPLIANCE OFFICER AND REGULATORY COUNSEL
Mar 30, 2015 filing
- No longer listedGANNON, PAUL, CHRISTOPHER · PARTNER AND CHIEF OPERATING OFFICER · Less than 5% · control person · listed since Jan 2011
- ChangedMANN, ELAINE, FRAZER · title PARTNER AND CHIEF ADMINISTRATIVE OFFICER → PARTNER AND CHIEF OPERATING OFFICER
Mar 28, 2014 filing
- No longer listedNATHAN, SCOTT, ANDREW · PARTNER AND CHIEF RISK OFFICER · 5–10% · control person · listed since Jan 1998
- No longer listedWAGNER, HERBERT, SCHWIND · MEMBER · 5–10% · control person · listed since Jan 2013
- AddedCIONGOLI, GREGORY, AUSTIN · PARTNER · Less than 5% · control person
- AddedDEMICHELE, MICHAEL, FRANK · PARTNER · Less than 5% · control person
- ChangedBLUMENTHAL, THOMAS, WILLIAM · ownership 5–10% → Less than 5%
- ChangedGANNON, PAUL, CHRISTOPHER · ownership 5–10% → Less than 5%
- ChangedSPECTOR, BRIAN, LEE · ownership 5–10% → Less than 5%
Mar 28, 2013 filing
- ChangedWAGNER, HERBERT, SCHWIND · title PARTNER → MEMBER
Jul 2, 2012 filing
- No longer listedPLIMPTON, SAMUEL, NMN · PARTNER · 5–10% · control person · listed since Jan 1998
Mar 30, 2012 filing (earliest on record)
- ListedBLUMENTHAL, THOMAS, WILLIAM · PARTNER · 5–10% · control person
- ListedGANNON, PAUL, CHRISTOPHER · PARTNER AND CHIEF OPERATING OFFICER · 5–10% · control person
- ListedGREENHILL, JOSHUA, ARON SOLOMON · PARTNER · Less than 5% · control person
- ListedKLARMAN, SETH, ANDREW · PRESIDENT AND CHIEF EXECUTIVE OFFICER · 25–50% · control person
- ListedKLARMAN, SETH, ANDREW · SHAREHOLDER · 75% or more · indirect via SAK CORPORATION · control person
- ListedMANN, ELAINE, FRAZER · PARTNER AND CHIEF ADMINISTRATIVE OFFICER · Less than 5% · control person
- ListedMOONEY, JAMES, FRANCIS · PARTNER · 5–10% · control person
- ListedNATHAN, SCOTT, ANDREW · PARTNER AND CHIEF RISK OFFICER · 5–10% · control person
- ListedO'CONNOR, BARBARA, ROSE · PARTNER AND CHIEF FINANCIAL OFFICER · Less than 5% · control person
- ListedPLIMPTON, SAMUEL, NMN · PARTNER · 5–10% · control person
- ListedPOORVU, WILLIAM, JAMES · MEMBER · 10–25%
- ListedRIZK, GEORGE, NMN · PARTNER · Less than 5% · control person
- ListedSAK CORPORATION · MEMBER · Less than 5% · control person
- ListedSPECTOR, BRIAN, LEE · PARTNER · 5–10% · control person
- ListedSTONE, SCOTT, ARTHUR · GENERAL COUNSEL AND CHIEF COMPLIANCE OFFICER · Less than 5%
- ListedWAGNER, HERBERT, SCHWIND · PARTNER · 5–10% · control person
Quarter-over-quarter changes
Changes in reported position value vs the prior 13F, so price moves count too, not just shares bought or sold.
Top Adds (vs prior quarter)
- AMAZON COM INC$242.8M +37.4%
- GENUINE PARTS CO$174.6M +110.8%
- ALPHABET INC$145.9M +43.1%
- ELEVANCE HEALTH INC FORMERLY$119.8M +32.1%
- NORWEGIAN CRUISE LINE HLDGS$95.3M +140.4%
Top Trims
- WESCO INTL INC-$164.2M -41.8%
- RESTAURANT BRANDS INTL INC-$107.6M -18.0%
- LIBERTY GLOBAL LTD-$63.2M -40.2%
- UNION PAC CORP-$51.4M -13.8%
- EAGLE MATLS INC-$49.7M -29.4%
New Positions
- CME GROUP INC$136.7M
- AXALTA COATING SYS LTD$43.6M
- PERSHING SQUARE INC$12.9M
BAUPOST GROUP LLC/MA Holdings (2026-06-30)
Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).
| # | Issuer | Symbol | CUSIP | Value | Weight | Shares | Type |
|---|---|---|---|---|---|---|---|
| 1 | AMAZON COM INC | AMZN | 023135106 | $892.3M | 16.48% | 3,743,854 | SH |
| 2 | ELEVANCE HEALTH INC FORMERLY | ELV | 036752103 | $493.1M | 9.11% | 1,275,154 | SH |
| 3 | RESTAURANT BRANDS INTL INC | QSR | 76131D103 | $489.6M | 9.04% | 6,753,112 | SH |
| 4 | ALPHABET INC | GOOG | 02079K107 | $484.7M | 8.95% | 1,371,931 | SH |
| 5 | FERGUSON ENTERPRISES INC | FERG | 31488V107 | $344.3M | 6.36% | 1,450,594 | SH |
| 6 | GENUINE PARTS CO | GPC | 372460105 | $332.3M | 6.13% | 2,816,178 | SH |
| 7 | UNION PAC CORP | UNP | 907818108 | $322.4M | 5.95% | 1,185,395 | SH |
| 8 | VISA INC | V | 92826C839 | $240.6M | 4.44% | 701,355 | SH |
| 9 | WESCO INTL INC | WCC | 95082P105 | $229.0M | 4.23% | 662,881 | SH |
| 10 | AON PLC | AON | G0403H108 | $227.9M | 4.21% | 687,000 | SH |
| 11 | TELEFLEX INCORPORATED | TFX | 879369106 | $178.6M | 3.30% | 1,409,000 | SH |
| 12 | NORWEGIAN CRUISE LINE HLDGS | NCLH | G66721104 | $163.2M | 3.01% | 7,730,000 | SH |
| 13 | MOLINA HEALTHCARE INC | MOH | 60855R100 | $144.9M | 2.68% | 633,609 | SH |
| 14 | CME GROUP INC | CME | 12572Q105 | $136.7M | 2.52% | 619,000 | SH |
| 15 | HERBALIFE LTD | HLF | G4412G101 | $121.8M | 2.25% | 9,259,844 | SH |
| 16 | EAGLE MATLS INC | EXP | 26969P108 | $119.4M | 2.21% | 530,763 | SH |
| 17 | GDS HLDGS LTD | GDS | 36165L108 | $113.2M | 2.09% | 3,769,818 | SH |
| 18 | AMERICOLD REALTY TRUST INC | COLD | 03064D108 | $107.4M | 1.98% | 6,830,230 | SH |
| 19 | LIBERTY GLOBAL LTD | LBTYK | G61188127 | $94.0M | 1.74% | 8,543,161 | SH |
| 20 | GRUPO AEROMEXICO SAB DE CV | AERO | 40054J109 | $87.8M | 1.62% | 4,880,188 | SH |
| 21 | AXALTA COATING SYS LTD | AXTA | G0750C108 | $43.6M | 0.81% | 1,274,356 | SH |
| 22 | DNOW INC | DNOW | 67011P100 | $36.2M | 0.67% | 2,788,000 | SH |
| 23 | PERSHING SQUARE INC | PS | 71531U102 | $12.9M | 0.24% | 392,000 | SH |
Filing History
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-06-30 | 2026-08-13 | $5.42B | 23 | 0001061768-26-000010 |
| 2026-03-31 | 2026-05-14 | $5.12B | 22 | 0001061768-26-000007 |
| 2025-12-31 | 2026-02-13 | $5.28B | 22 | 0001061768-26-000005 |
| 2025-09-30 | 2025-11-13 | $4.79B | 22 | 0001061768-25-000007 |
Filer Information
Address
10 ST JAMES AVESUITE 1700
BOSTON, MA 02116
Phone
(617) 210-8300
Filing Manager
BAUPOST GROUP LLC/MA
BOSTON, MA
Signatory
James F. Mooney III
President and Partner