Baupost Group 13F holdings, Q2 2025
Holdings as of June 30, 2025 · filings on SEC EDGAR · latest filing →
Baupost Group disclosed 23 US equity positions worth $4.1bn in its Q2 2025 13F filing. The largest position was GOOG at 11.3% of the reported book, followed by WCC and WTW. Against the Q1 2025 filing, it opened 3 new positions, added to 9 and reduced 4 among the top 23 holdings.
What did Baupost Group own in Q2 2025? Top 23 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2025 |
|---|---|---|---|---|---|---|---|
| 1 | GOOG ALPHABET INC | Communication Services | 11.3% | $467.2m | 2,633,988 | 27% | added |
| 2 | WCC WESCO INTL INC | Industrials | 9.9% | $408.8m | 2,207,601 | 10% | added |
| 3 | WTW WILLIS TOWERS WATSON PLC LTD | Financial Services | 9.8% | $402.8m | 1,314,184 | -14% | reduced |
| 4 | CRH CRH PLC | Basic Materials | 8.5% | $351.2m | 3,825,395 | 42% | added |
| 5 | FIS FIDELITY NATL INFORMATION SV | Technology | 7.5% | $308.5m | 3,789,711 | 8% | added |
| 6 | DG DOLLAR GEN CORP NEW | Consumer Defensive | 7.4% | $305.0m | 2,666,876 | 27% | added |
| 7 | QSR RESTAURANT BRANDS INTL INC | Consumer Cyclical | 6.5% | $268.4m | 4,049,562 | 4% | added |
| 8 | LIBERTY GLOBAL LTD | 6.2% | $254.2m | 24,657,803 | 0% | held | |
| 9 | FERG FERGUSON ENTERPRISES INC | Industrials | 6.0% | $246.5m | 1,132,000 | 0% | held |
| 10 | ELV ELEVANCE HEALTH INC | Healthcare | 5.8% | $239.6m | 616,000 | 150% | added |
| 11 | FISV FISERV INC | 3.7% | $154.3m | 895,000 | – | new | |
| 12 | EXP EAGLE MATLS INC | Basic Materials | 3.3% | $136.7m | 676,257 | -26% | reduced |
| 13 | VSAT VIASAT INC | Technology | 3.2% | $134.2m | 9,190,728 | -10% | reduced |
| 14 | GDS GDS HLDGS LTD | Technology | 2.4% | $99.4m | 3,249,952 | -24% | reduced |
| 15 | 8L8C LIBERTY BROADBAND CORP | 1.8% | $73.4m | 745,610 | 337% | added | |
| 16 | HLF HERBALIFE LTD | Consumer Defensive | 1.6% | $66.9m | 7,759,844 | 2% | added |
| 17 | ICLR ICON PLC | Healthcare | 1.4% | $58.9m | 405,000 | 0% | held |
| 18 | LIBERTY GLOBAL LTD | 1.2% | $50.8m | 5,076,762 | 0% | held | |
| 19 | AMCOR PLC | 1.2% | $50.5m | 5,500,000 | – | new | |
| 20 | PAGS PAGSEGURO DIGITAL LTD | Technology | 0.6% | $24.1m | 2,500,000 | – | new |
| 21 | HERBALIFE LTD | 0.4% | $15.6m | 17,129,000 | 0% | held | |
| 22 | TAMBORAN RES CORP | 0.3% | $12.2m | 570,833 | 0% | held | |
| 23 | LIBERTY BROADBAND CORP | 0.0% | $740.0k | 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.