Baupost Group 13F holdings, Q1 2026
Holdings as of March 31, 2026 · filings on SEC EDGAR · latest filing →
Baupost Group disclosed 22 US equity positions worth $5.1bn in its Q1 2026 13F filing. The largest position was AMZN at 12.7% of the reported book, followed by QSR and WCC. Against the Q4 2025 filing, it opened 6 new positions, added to 7 and reduced 4 among the top 22 holdings.
What did Baupost Group own in Q1 2026? Top 22 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2025 |
|---|---|---|---|---|---|---|---|
| 1 | AMZN AMAZON COM INC | Consumer Cyclical | 12.7% | $649.5m | 3,118,754 | 47% | added |
| 2 | QSR RESTAURANT BRANDS INTL INC | Consumer Cyclical | 11.7% | $597.2m | 8,080,112 | 0% | held |
| 3 | WCC WESCO INTL INC | Industrials | 7.7% | $393.2m | 1,436,881 | 1% | added |
| 4 | UNP UNION PAC CORP | Industrials | 7.3% | $373.9m | 1,540,995 | -5% | reduced |
| 5 | ELV ELEVANCE HEALTH INC FORMERLY | Healthcare | 7.3% | $373.3m | 1,275,154 | 0% | held |
| 6 | GOOG ALPHABET INC | Communication Services | 6.6% | $338.8m | 1,181,131 | 9% | added |
| 7 | FERG FERGUSON ENTERPRISES INC | Industrials | 6.6% | $336.5m | 1,442,411 | 27% | added |
| 8 | WTW WILLIS TOWERS WATSON PLC LTD | Financial Services | 5.1% | $259.6m | 893,126 | -34% | reduced |
| 9 | AON AON PLC | Financial Services | 4.9% | $248.2m | 769,000 | – | new |
| 10 | V VISA INC | Financial Services | 4.1% | $212.0m | 701,355 | – | new |
| 11 | TFX TELEFLEX INCORPORATED | Healthcare | 3.7% | $190.8m | 1,595,000 | – | new |
| 12 | EXP EAGLE MATLS INC | Basic Materials | 3.3% | $169.1m | 892,763 | -25% | reduced |
| 13 | GPC GENUINE PARTS CO | Consumer Cyclical | 3.1% | $157.6m | 1,490,348 | 0% | held |
| 14 | LIBERTY GLOBAL LTD | 3.1% | $157.2m | 13,397,247 | -36% | reduced | |
| 15 | HLF HERBALIFE LTD | Consumer Defensive | 2.7% | $136.3m | 9,259,844 | 0% | held |
| 16 | GDS GDS HLDGS LTD | Technology | 2.4% | $122.7m | 3,044,818 | 0% | held |
| 17 | COLD AMERICOLD REALTY TRUST INC | Real Estate | 1.7% | $89.2m | 7,780,800 | 124% | added |
| 18 | MOH MOLINA HEALTHCARE INC | Healthcare | 1.7% | $84.5m | 633,609 | 1% | added |
| 19 | GRUPO AEROMEXICO SAB DE CV | 1.3% | $68.4m | 4,880,188 | 1% | added | |
| 20 | NCLH NORWEGIAN CRUISE LINE HLDGS | Consumer Cyclical | 1.3% | $67.9m | 3,630,000 | – | new |
| 21 | PCVX VAXCYTE INC | Healthcare | 0.9% | $46.5m | 800,000 | – | new |
| 22 | DNOW DNOW INC | Industrials | 0.8% | $43.2m | 3,625,000 | – | new |
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.