Baupost Group 13F holdings, Q1 2025
Holdings as of March 31, 2025 · filings on SEC EDGAR · latest filing →
Baupost Group disclosed 23 US equity positions worth $3.5bn in its Q1 2025 13F filing. The largest position was WTW at 14.7% of the reported book, followed by GOOG and WCC. Against the Q4 2024 filing, it opened 4 new positions, added to 6 and reduced 6 among the top 23 holdings.
What did Baupost Group own in Q1 2025? Top 23 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2024 |
|---|---|---|---|---|---|---|---|
| 1 | WTW WILLIS TOWERS WATSON PLC LTD | Financial Services | 14.7% | $515.6m | 1,525,667 | -17% | reduced |
| 2 | GOOG ALPHABET INC | Communication Services | 9.3% | $324.6m | 2,077,988 | 46% | added |
| 3 | WCC WESCO INTL INC | Industrials | 8.9% | $311.5m | 2,005,601 | 40% | added |
| 4 | LIBERTY GLOBAL LTD | 8.4% | $295.2m | 24,657,803 | -38% | reduced | |
| 5 | FIS FIDELITY NATL INFORMATION SV | Technology | 7.5% | $260.9m | 3,492,947 | – | new |
| 6 | QSR RESTAURANT BRANDS INTL INC | Consumer Cyclical | 7.4% | $259.0m | 3,886,562 | 34% | added |
| 7 | CRH CRH PLC | Basic Materials | 6.8% | $237.0m | 2,694,395 | 2% | added |
| 8 | EXP EAGLE MATLS INC | Basic Materials | 5.8% | $201.9m | 909,633 | 43% | added |
| 9 | DG DOLLAR GEN CORP NEW | Consumer Defensive | 5.3% | $185.1m | 2,104,876 | 2% | added |
| 10 | FERG FERGUSON ENTERPRISES INC | Industrials | 5.2% | $181.4m | 1,132,000 | 0% | held |
| 11 | GDS GDS HLDGS LTD | Technology | 3.1% | $107.7m | 4,249,952 | 0% | held |
| 12 | ELV ELEVANCE HEALTH INC | Healthcare | 3.1% | $107.0m | 246,000 | – | new |
| 13 | VSAT VIASAT INC | Technology | 3.0% | $106.2m | 10,190,728 | -17% | reduced |
| 14 | SOLV SOLVENTUM CORP | Healthcare | 2.3% | $80.1m | 1,053,240 | -27% | reduced |
| 15 | ICLR ICON PLC | Healthcare | 2.0% | $70.9m | 405,000 | – | new |
| 16 | HLF HERBALIFE LTD | Consumer Defensive | 1.9% | $65.6m | 7,600,526 | 0% | held |
| 17 | LIBERTY GLOBAL LTD | 1.7% | $58.4m | 5,076,762 | -2% | reduced | |
| 18 | CLVT CLARIVATE PLC | Technology | 1.2% | $42.4m | 10,777,863 | -70% | reduced |
| 19 | SGI SOMNIGROUP INTERNATIONAL INC | Consumer Cyclical | 1.2% | $42.1m | 703,349 | – | new |
| 20 | HERBALIFE LTD | 0.4% | $14.8m | 17,129,000 | 0% | held | |
| 21 | 8L8C LIBERTY BROADBAND CORP | 0.4% | $14.5m | 170,610 | 0% | held | |
| 22 | TAMBORAN RES CORP | 0.4% | $13.7m | 570,833 | 0% | held | |
| 23 | LIBERTY BROADBAND CORP | 0.0% | $643.0k | 7,560 | 0% | held |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.