Institutional portfolio intelligence
Baupost Group Portfolio: Q1 2026 13F Holdings
Baupost Group's latest 13F reports 22 active positions with a total reported value of $0.0B for Q1 2026. The five largest positions account for 46.7% of the filing, led by AMZN. Quarter over quarter, the manager disclosed 6 new positions, 9 increases, 4 reductions, and 6 full exits. This dashboard separates share-count changes from portfolio-weight changes and links every figure to the underlying SEC filing.
01
Portfolio Snapshot
02
Quarterly Takeaways
03
Top Holdings
Ranked by reported quarter-end market value
AMZNAMAZON COM INC
12.70%$0.6M QSRRESTAURANT BRANDS INTL INC
11.67%$0.6M WESCO INTL INCWESCO INTL INC
7.69%$0.4M UNION PAC CORPUNION PAC CORP
7.31%$0.4M ELEVANCE HEALTH INC FORMERLYELEVANCE HEALTH INC FORMERLY
7.30%$0.4M GOOGALPHABET INC
6.62%$0.3M FERGUSON ENTERPRISES INCFERGUSON ENTERPRISES INC
6.58%$0.3M WILLIS TOWERS WATSON PLC LTDWILLIS TOWERS WATSON PLC LTD
5.08%$0.3M AON PLCAON PLC
4.85%$0.2M VISA INCVISA INC
4.14%$0.2M 04
Position Changes
AON PLCAON PLC
- Shares change
- New
- Weight change
- +4.85%
- Current value
- $0.2M
VISA INCVISA INC
- Shares change
- New
- Weight change
- +4.14%
- Current value
- $0.2M
TELEFLEX INCORPORATEDTELEFLEX INCORPORATED
- Shares change
- New
- Weight change
- +3.73%
- Current value
- $0.2M
NORWEGIAN CRUISE LINE HLDGSNORWEGIAN CRUISE LINE HLDGS
- Shares change
- New
- Weight change
- +1.33%
- Current value
- $0.1M
VAXCYTE INCVAXCYTE INC
- Shares change
- New
- Weight change
- +0.91%
- Current value
- $0.0M
DNOW INCDNOW INC
- Shares change
- New
- Weight change
- +0.84%
- Current value
- $0.0M
AMERICOLD REALTY TRUST INCAMERICOLD REALTY TRUST INC
- Shares change
- +123.9%
- Weight change
- +0.90%
- Current value
- $0.1M
AMZNAMAZON COM INC
- Shares change
- +47.0%
- Weight change
- +3.42%
- Current value
- $0.6M
FERGUSON ENTERPRISES INCFERGUSON ENTERPRISES INC
- Shares change
- +26.9%
- Weight change
- +1.78%
- Current value
- $0.3M
GOOGALPHABET INC
- Shares change
- +8.6%
- Weight change
- +0.16%
- Current value
- $0.3M
MOLINA HEALTHCARE INCMOLINA HEALTHCARE INC
- Shares change
- +1.4%
- Weight change
- -0.40%
- Current value
- $0.1M
WESCO INTL INCWESCO INTL INC
- Shares change
- +1.3%
- Weight change
- +1.11%
- Current value
- $0.4M
GRUPO AEROMEXICO SAB DE CVGRUPO AEROMEXICO SAB DE CV
- Shares change
- +0.5%
- Weight change
- -0.68%
- Current value
- $0.1M
ELEVANCE HEALTH INC FORMERLYELEVANCE HEALTH INC FORMERLY
- Shares change
- +0.5%
- Weight change
- -1.13%
- Current value
- $0.4M
GENUINE PARTS COGENUINE PARTS CO
- Shares change
- +0.3%
- Weight change
- -0.38%
- Current value
- $0.2M
LIBERTY GLOBAL LTDLIBERTY GLOBAL LTD
- Shares change
- -35.9%
- Weight change
- -1.30%
- Current value
- $0.2M
WILLIS TOWERS WATSON PLC LTDWILLIS TOWERS WATSON PLC LTD
- Shares change
- -34.2%
- Weight change
- -3.38%
- Current value
- $0.3M
EAGLE MATLS INCEAGLE MATLS INC
- Shares change
- -24.7%
- Weight change
- -1.33%
- Current value
- $0.2M
UNION PAC CORPUNION PAC CORP
- Shares change
- -5.3%
- Weight change
- +0.18%
- Current value
- $0.4M
FIDELITY NATL INFORMATION SVFIDELITY NATL INFORMATION SV
- Shares change
- -100.0%
- Weight change
- -5.67%
- Prior value
- $0.3M
DOLLAR GEN CORP NEWDOLLAR GEN CORP NEW
- Shares change
- -100.0%
- Weight change
- -5.19%
- Prior value
- $0.3M
FISERV INCFISERV INC
- Shares change
- -100.0%
- Weight change
- -2.80%
- Prior value
- $0.1M
CRH PLCCRH PLC
- Shares change
- -100.0%
- Weight change
- -2.54%
- Prior value
- $0.1M
LIBERTY GLOBAL LTDLIBERTY GLOBAL LTD
- Shares change
- -100.0%
- Weight change
- -0.44%
- Prior value
- $0.0M
TAMBORAN RES CORPTAMBORAN RES CORP
- Shares change
- -100.0%
- Weight change
- -0.13%
- Prior value
- $0.0M
05
Full Holdings Table
Search and filter the latest reported positions. Share change and weight change are shown separately.
| Ticker | Company / share class | Sector | Security type | Shares | Market value | Portfolio weight | Shares change | Weight change |
|---|---|---|---|---|---|---|---|---|
| AMZN023135106 | AMAZON COM INC | Consumer Discretionary | Stock | 3,118,754 | $0.6M | 12.70% | +47.0% | +3.42% |
| QSR76131D103 | RESTAURANT BRANDS INTL INC | Other / unclassified | Other | 8,080,112 | $0.6M | 11.67% | 0.0% | +1.23% |
| —95082P105 | WESCO INTL INC | Other / unclassified | Other | 1,436,881 | $0.4M | 7.69% | +1.3% | +1.11% |
| —907818108 | UNION PAC CORP | Other / unclassified | Other | 1,540,995 | $0.4M | 7.31% | -5.3% | +0.18% |
| —036752103 | ELEVANCE HEALTH INC FORMERLY | Other / unclassified | Other | 1,275,154 | $0.4M | 7.30% | +0.5% | -1.13% |
| GOOG02079K107 | ALPHABET INC | Other / unclassified | Other | 1,181,131 | $0.3M | 6.62% | +8.6% | +0.16% |
| —31488V107 | FERGUSON ENTERPRISES INC | Other / unclassified | Other | 1,442,411 | $0.3M | 6.58% | +26.9% | +1.78% |
| —G96629103 | WILLIS TOWERS WATSON PLC LTD | Other / unclassified | Other | 893,126 | $0.3M | 5.08% | -34.2% | -3.38% |
| —G0403H108 | AON PLC | Other / unclassified | Other | 769,000 | $0.2M | 4.85% | New | +4.85% |
| —92826C839 | VISA INC | Other / unclassified | Other | 701,355 | $0.2M | 4.14% | New | +4.14% |
| —879369106 | TELEFLEX INCORPORATED | Other / unclassified | Other | 1,595,000 | $0.2M | 3.73% | New | +3.73% |
| —26969P108 | EAGLE MATLS INC | Other / unclassified | Other | 892,763 | $0.2M | 3.31% | -24.7% | -1.33% |
| —372460105 | GENUINE PARTS CO | Other / unclassified | Other | 1,490,348 | $0.2M | 3.08% | +0.3% | -0.38% |
| —G61188127 | LIBERTY GLOBAL LTD | Other / unclassified | Other | 13,397,247 | $0.2M | 3.07% | -35.9% | -1.30% |
| —G4412G101 | HERBALIFE LTD | Other / unclassified | Other | 9,259,844 | $0.1M | 2.66% | 0.0% | +0.40% |
| —36165L108 | GDS HLDGS LTD | Other / unclassified | ADR | 3,044,818 | $0.1M | 2.40% | 0.0% | +0.39% |
| —03064D108 | AMERICOLD REALTY TRUST INC | Other / unclassified | Other | 7,780,800 | $0.1M | 1.74% | +123.9% | +0.90% |
| —60855R100 | MOLINA HEALTHCARE INC | Other / unclassified | Other | 633,609 | $0.1M | 1.65% | +1.4% | -0.40% |
| —40054J109 | GRUPO AEROMEXICO SAB DE CV | Other / unclassified | ADR | 4,880,188 | $0.1M | 1.34% | +0.5% | -0.68% |
| —G66721104 | NORWEGIAN CRUISE LINE HLDGS | Other / unclassified | Other | 3,630,000 | $0.1M | 1.33% | New | +1.33% |
| —92243G108 | VAXCYTE INC | Other / unclassified | Other | 800,000 | $0.0M | 0.91% | New | +0.91% |
| —67011P100 | DNOW INC | Other / unclassified | Other | 3,625,000 | $0.0M | 0.84% | New | +0.84% |
AMZNAMAZON COM INC
12.70%- Market value
- $0.6M
- Shares
- 3,118,754
- Shares change
- +47.0%
- Weight change
- +3.42%
- Sector
- Consumer Discretionary
- CUSIP
- 023135106
QSRRESTAURANT BRANDS INTL INC
11.67%- Market value
- $0.6M
- Shares
- 8,080,112
- Shares change
- 0.0%
- Weight change
- +1.23%
- Sector
- Other / unclassified
- CUSIP
- 76131D103
WESCO INTL INCWESCO INTL INC
7.69%- Market value
- $0.4M
- Shares
- 1,436,881
- Shares change
- +1.3%
- Weight change
- +1.11%
- Sector
- Other / unclassified
- CUSIP
- 95082P105
UNION PAC CORPUNION PAC CORP
7.31%- Market value
- $0.4M
- Shares
- 1,540,995
- Shares change
- -5.3%
- Weight change
- +0.18%
- Sector
- Other / unclassified
- CUSIP
- 907818108
ELEVANCE HEALTH INC FORMERLYELEVANCE HEALTH INC FORMERLY
7.30%- Market value
- $0.4M
- Shares
- 1,275,154
- Shares change
- +0.5%
- Weight change
- -1.13%
- Sector
- Other / unclassified
- CUSIP
- 036752103
GOOGALPHABET INC
6.62%- Market value
- $0.3M
- Shares
- 1,181,131
- Shares change
- +8.6%
- Weight change
- +0.16%
- Sector
- Other / unclassified
- CUSIP
- 02079K107
FERGUSON ENTERPRISES INCFERGUSON ENTERPRISES INC
6.58%- Market value
- $0.3M
- Shares
- 1,442,411
- Shares change
- +26.9%
- Weight change
- +1.78%
- Sector
- Other / unclassified
- CUSIP
- 31488V107
WILLIS TOWERS WATSON PLC LTDWILLIS TOWERS WATSON PLC LTD
5.08%- Market value
- $0.3M
- Shares
- 893,126
- Shares change
- -34.2%
- Weight change
- -3.38%
- Sector
- Other / unclassified
- CUSIP
- G96629103
AON PLCAON PLC
4.85%- Market value
- $0.2M
- Shares
- 769,000
- Shares change
- New
- Weight change
- +4.85%
- Sector
- Other / unclassified
- CUSIP
- G0403H108
VISA INCVISA INC
4.14%- Market value
- $0.2M
- Shares
- 701,355
- Shares change
- New
- Weight change
- +4.14%
- Sector
- Other / unclassified
- CUSIP
- 92826C839
TELEFLEX INCORPORATEDTELEFLEX INCORPORATED
3.73%- Market value
- $0.2M
- Shares
- 1,595,000
- Shares change
- New
- Weight change
- +3.73%
- Sector
- Other / unclassified
- CUSIP
- 879369106
EAGLE MATLS INCEAGLE MATLS INC
3.31%- Market value
- $0.2M
- Shares
- 892,763
- Shares change
- -24.7%
- Weight change
- -1.33%
- Sector
- Other / unclassified
- CUSIP
- 26969P108
GENUINE PARTS COGENUINE PARTS CO
3.08%- Market value
- $0.2M
- Shares
- 1,490,348
- Shares change
- +0.3%
- Weight change
- -0.38%
- Sector
- Other / unclassified
- CUSIP
- 372460105
LIBERTY GLOBAL LTDLIBERTY GLOBAL LTD
3.07%- Market value
- $0.2M
- Shares
- 13,397,247
- Shares change
- -35.9%
- Weight change
- -1.30%
- Sector
- Other / unclassified
- CUSIP
- G61188127
HERBALIFE LTDHERBALIFE LTD
2.66%- Market value
- $0.1M
- Shares
- 9,259,844
- Shares change
- 0.0%
- Weight change
- +0.40%
- Sector
- Other / unclassified
- CUSIP
- G4412G101
GDS HLDGS LTDGDS HLDGS LTD
2.40%- Market value
- $0.1M
- Shares
- 3,044,818
- Shares change
- 0.0%
- Weight change
- +0.39%
- Sector
- Other / unclassified
- CUSIP
- 36165L108
AMERICOLD REALTY TRUST INCAMERICOLD REALTY TRUST INC
1.74%- Market value
- $0.1M
- Shares
- 7,780,800
- Shares change
- +123.9%
- Weight change
- +0.90%
- Sector
- Other / unclassified
- CUSIP
- 03064D108
MOLINA HEALTHCARE INCMOLINA HEALTHCARE INC
1.65%- Market value
- $0.1M
- Shares
- 633,609
- Shares change
- +1.4%
- Weight change
- -0.40%
- Sector
- Other / unclassified
- CUSIP
- 60855R100
GRUPO AEROMEXICO SAB DE CVGRUPO AEROMEXICO SAB DE CV
1.34%- Market value
- $0.1M
- Shares
- 4,880,188
- Shares change
- +0.5%
- Weight change
- -0.68%
- Sector
- Other / unclassified
- CUSIP
- 40054J109
NORWEGIAN CRUISE LINE HLDGSNORWEGIAN CRUISE LINE HLDGS
1.33%- Market value
- $0.1M
- Shares
- 3,630,000
- Shares change
- New
- Weight change
- +1.33%
- Sector
- Other / unclassified
- CUSIP
- G66721104
VAXCYTE INCVAXCYTE INC
0.91%- Market value
- $0.0M
- Shares
- 800,000
- Shares change
- New
- Weight change
- +0.91%
- Sector
- Other / unclassified
- CUSIP
- 92243G108
DNOW INCDNOW INC
0.84%- Market value
- $0.0M
- Shares
- 3,625,000
- Shares change
- New
- Weight change
- +0.84%
- Sector
- Other / unclassified
- CUSIP
- 67011P100
06
Portfolio Allocation
Classification coverage19.3%
A definitive sector chart is withheld because mapped holdings do not meet the 85% coverage threshold.
Unclassified reported value: 80.7%
A definitive sector chart is withheld because mapped holdings do not meet the 85% coverage threshold.
07
Historical Trends
Reported values are quarter-end 13F values, not live portfolio values.
Q1 20262026-05-14
$0.0B22 PositionsQ4 20252026-02-13
$0.0B22 PositionsQ3 20252025-11-13
$0.0B22 PositionsQ2 20252025-08-13
$0.0B23 PositionsQ1 20252025-05-14
$0.0B23 Positions08
Similar Investors
Ranked by overlap in currently reported CUSIPs.
09
Investor Profile
- Manager
- Seth Klarman
10
Frequently Asked Questions
What is Baupost Group's largest reported holding?
AMZN is Baupost Group's largest active reported position at 12.7% of the portfolio. See its size and share count in the Baupost Group holdings table.
Which position did Baupost Group increase most?
AMZN is the largest increase or new position by current reported value. The Baupost Group position-change section separates new and increased holdings.
Which position did Baupost Group reduce or exit most significantly?
WILLIS TOWERS WATSON PLC LTD is the largest reduction or exit by prior reported value. Compare it with the other actions in Baupost Group's change grid.
What new positions did Baupost Group open this quarter?
Baupost Group initiated 6 positions, led by AON PLC. Each new holding appears in the Baupost Group new-buys list.
How concentrated is Baupost Group's reported portfolio?
The five largest positions represent 46.7% of Baupost Group's reported value. The Baupost Group holdings ranking shows whether that concentration comes from one dominant stock or several large positions.
Which sector is most important in Baupost Group's portfolio?
Consumer Discretionary is the largest classified sector in Baupost Group's current reported portfolio. The Baupost Group sector breakdown shows weights and quarter-over-quarter changes.
Does Baupost's 13F include private and distressed investments?
No. Private investments, many distressed instruments, cash, debt positions, and non-US securities may sit outside the filing. See the Baupost Group four-quarter record for the surrounding trend.
11
Source and Methodology
- CIK
- 0001061768
- SEC accession
- 0001061768-26-000007
- Quarter
- 2026-03-31
- Filing date
- 2026-05-14
- Classification coverage
- 19.3%
13F filings are historical, delayed, and do not disclose short positions, cash, or every asset class. Values can also reflect market-price movement rather than trading alone.