BAUPOST GROUP LLC/MA

All Holdings — 2026 Q1

AI Portfolio Summary
In 2026 Q1, BAUPOST GROUP LLC/MA maintained a portfolio of 28 distinct positions. The most significant new addition to the portfolio was AON PLC, which now represents 4.85% of the total fund value. They heavily accumulated shares in AMAZON COM INC, increasing their position by 47.0%. Conversely, BAUPOST GROUP LLC/MA completely exited their position in TAMBORAN RES CORP.
PCA Score Concentration Risk
Risk ENB
Total Positions
28
Quarter
2026 Q1
Top Holding
AMZN (12.7%)
Top 10 Concentration
73.9%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
Showing 1-28 of 28
Stock History Sector / Type Port % Prev % Rank / Prev Conviction Change % Change Influence Shares Mkt Value Avg Cost Price Held 1st Owned Source Source Date Date Reported
AMZN
AMAZON COM INC
Consumer Cyclical 12.70% 9.28% #1 1
Prev: #2
8.5 997,363 47.0%
P
S
3,118,754 $649,543 2022 Q2 13F Filing 2026-03-31 2026-05-14
QSR
RESTAURANT BRAN...
Consumer Cyclical 11.67% 10.44% #2 1
Prev: #1
6.5 no change no change
P
S
8,080,112 $597,208 2024 Q3 13F Filing 2026-03-31 2026-05-14
WCC
WESCO INTL INC
Industrials 7.69% 6.58% #3 3
Prev: #6
4.6 18,050 1.3%
P
S
1,436,881 $393,159 2024 Q1 13F Filing 2026-03-31 2026-05-14
UNP
UNION PAC CORP
Industrials 7.31% 7.13% #4 1
Prev: #5
3.9 -86,259 -5.3%
P
S
1,540,995 $373,876 2023 Q2 13F Filing 2026-03-31 2026-05-14
ELV
ELEVANCE HEALTH...
Healthcare 7.30% 8.43% #5 1
Prev: #4
3.9 5,852 0.5%
P
S
1,275,154 $373,301 2025 Q1 13F Filing 2026-03-31 2026-05-14
GOOG
ALPHABET INC
Communication Services 6.62% 6.46% #6 1
Prev: #7
4.6 93,950 8.6%
P
S
1,181,131 $338,819 2020 Q1 13F Filing 2026-03-31 2026-05-14
FERG
FERGUSON ENTERP...
Industrials 6.58% 4.80% #7 3
Prev: #10
5.1 305,376 26.9%
P
S
1,442,411 $336,457 2024 Q4 13F Filing 2026-03-31 2026-05-14
WTW
WILLIS TOWERS W...
Financial Services 5.08% 8.45% #8 5
Prev: #3
2.0 -464,475 -34.2%
P
S
893,126 $259,632 2021 Q1 13F Filing 2026-03-31 2026-05-14
AON
AON PLC
Financial Services 4.85% #9
Prev: #—
5.4 769,000 no change
NEW
769,000 $248,218 2026 Q1 13F Filing 2026-03-31 2026-05-14
V
VISA INC
Financial Services 4.14% #10
Prev: #—
5.2 701,355 no change
NEW
701,355 $211,978 2026 Q1 13F Filing 2026-03-31 2026-05-14
TFX
TELEFLEX INCORP...
Healthcare 3.73% #11
Prev: #—
5.0 1,595,000 no change
NEW
1,595,000 $190,778 2026 Q1 13F Filing 2026-03-31 2026-05-14
EXP
EAGLE MATLS INC
Basic Materials 3.31% 4.64% #12 1
Prev: #11
1.3 -292,485 -24.7%
P
S
892,763 $169,134 2024 Q1 13F Filing 2026-03-31 2026-05-14
GPC
GENUINE PARTS C...
Consumer Cyclical 3.08% 3.46% #13
Prev: #13
1.7 4,260 0.3%
P
S
1,490,348 $157,604 2024 Q4 13F Filing 2026-03-31 2026-05-14
LBTYK
LIBERTY GLOBAL ...
Communication Services 3.07% 4.37% #14 2
Prev: #12
1.2 -7,487,534 -35.9%
P
S
13,397,247 $157,150 2023 Q4 13F Filing 2026-03-31 2026-05-14
HLF
HERBALIFE LTD
Consumer Defensive 2.66% 2.26% #15 1
Prev: #16
2.1 no change no change
P
S
9,259,844 $136,305 2022 Q4 13F Filing 2026-03-31 2026-05-14
GDS
GDS HLDGS LTD
Technology 2.40% 2.01% #16 3
Prev: #19
2.0 no change no change
P
S
3,044,818 $122,676 2024 Q1 13F Filing 2026-03-31 2026-05-14
COLD
AMERICOLD REALT...
Real Estate 1.74% 0.85% #17 3
Prev: #20
3.7 4,305,115 123.9%
P
S
7,780,800 $89,168 2025 Q3 13F Filing 2026-03-31 2026-05-14
MOH
MOLINA HEALTHCA...
Healthcare 1.65% 2.05% #18 1
Prev: #17
1.2 8,609 1.4%
P
S
633,609 $84,460 2025 Q4 13F Filing 2026-03-31 2026-05-14
AERO
GRUPO AEROMEXIC...
Industrials 1.34% 2.02% #19 1
Prev: #18
1.0 25,008 0.5%
P
S
4,880,188 $68,371 2025 Q4 13F Filing 2026-03-31 2026-05-14
NCLH
NORWEGIAN CRUIS...
Consumer Cyclical 1.33% #20
Prev: #—
4.0 3,630,000 no change
NEW
3,630,000 $67,881 2026 Q1 13F Filing 2026-03-31 2026-05-14
PCVX
VAXCYTE INC
Healthcare 0.91% #21
Prev: #—
3.9 800,000 no change
NEW
800,000 $46,488 2026 Q1 13F Filing 2026-03-31 2026-05-14
DNOW
DNOW INC
Industrials 0.84% #22
Prev: #—
3.8 3,625,000 no change
NEW
3,625,000 $43,174 2026 Q1 13F Filing 2026-03-31 2026-05-14
TBN
TAMBORAN RES CO...
Energy 0.00% 0.13%
Sold All 😨
(Was: #22)
0.0 -257,226 -100.0%
CLOSED
$— 2024 Q3 13F Filing 2026-03-31 2026-05-14
LBTYA
LIBERTY GLOBAL ...
Communication Services 0.00% 0.44%
Sold All 😨
(Was: #21)
0.0 -2,080,456 -100.0%
CLOSED
$— 2018 Q3 13F Filing 2026-03-31 2026-05-14
CRH
CRH PLC
Basic Materials 0.00% 2.54%
Sold All 😨
(Was: #15)
0.0 -1,072,957 -100.0%
CLOSED
$— 2023 Q3 13F Filing 2026-03-31 2026-05-14
FISV
FISERV INC
Unknown 0.00% 2.80%
Sold All 😨
(Was: #14)
0.0 -2,200,000 -100.0%
CLOSED
$— 2021 Q4 13F Filing 2026-03-31 2026-05-14
DG
DOLLAR GEN CORP...
Consumer Defensive 0.00% 5.19%
Sold All 😨
(Was: #9)
0.0 -2,062,821 -100.0%
CLOSED
$— 2023 Q2 13F Filing 2026-03-31 2026-05-14
FIS
FIDELITY NATL I...
Technology 0.00% 5.67%
Sold All 😨
(Was: #8)
0.0 -4,503,801 -100.0%
CLOSED
$— 2022 Q3 13F Filing 2026-03-31 2026-05-14
Showing 1-28 of 28 holdings

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