Seth A. Klarman Portfolio

Invests via The Baupost Group | Managed by Seth A. Klarman

Invests via The Baupost Group

Managed by Seth A. Klarman

Automatically Tracked

Tracking: 1 Updated: 19 hours ago

Seth Klarman Profile

Built around deep-value and event-driven trades, Baupost Group was founded and remains guided by Seth A. Klarman, a Harvard Business School–educated investor renowned for disciplined cash management, opportunistic distressed-debt and special-situations investing, and willingness to hold significant cash during dislocations. The firm manages concentrated, long-biased portfolios with occasional hedges, serving institutional clients and family capital while prioritizing downside protection and asymmetric return opportunities across US and global markets.

Investment Philosophy & Strategy

Operates a value-first, event-driven investment approach focused on asymmetric risk-reward and margin-of-safety opportunities. Prefers opportunistic purchases of distressed debt, special situations, and deeply mispriced equities across U.S. and global markets, allocating capital selectively into concentrated, long-biased positions with tactical hedges. Emphasizes disciplined cash management and patience, routinely holding cash to wait for dislocations. Decision-making prioritizes downside protection, thorough fundamental underwriting, catalyst-driven exits, and a long-term horizon for compounding returns.

Disclaimer: This Portfolio is derived from and computed based on publicly available data from SEC filings.

Gain and growth charts are calculated per selected timeframe:

40.08%

Gain +0.97%

Monthly

0.42%

Yearly

5.19%

Drawdown

35.15%

$5.7B

Equity

Holdings

$5.7B

Investment

$4.78B

$3.94B

Profit +$57.99M

Realized

$3.02B

Unrealized

$919.25M

Dividends

$10.15B

Goals

Avg. 6% completed goals

Yearly

Gain > 12%

2026

Yearly

Loss < $250M

2026

Yearly

Loss < 15%

2026

18%

Today

Compared To Yesterday

Gain

0.97%

Profit

$57.99M

Win %

70%

This Week

Compared To Last Week

Gain

-0.37%

Profit

-$21.09M

Win %

70%

This Month

Compared to last month

Gain

-0.37%

Profit

-$21.09M

Win %

70%

This Year

Compared to last year

Gain

-12.36%

Profit

-$542.98M

Win %

67%

Gainers
Losers

MOH Molina Healthcare Inc.

+2.82%

+$3.21M

TFX Teleflex Incorporated

+2.67%

+$5.34M

QSR Restaurant Brands International Inc.

+1.66%

+$9.62M

WCC Wesco International Inc.

+0.84%

+$4.47M

NCLH Norwegian Cruise Line Holdings Ltd.

+0.11%

+$72,600

EXP Eagle Materials Inc.

+0.1%

+$196,407.86

AERO

ANTM Anthem Inc

HLF Herbalife Ltd.

-5%

-$5.56M

GDS GDS Holdings Ltd. - ADR

-4.71%

-$5.3M

LBTYK Liberty Global plc

-4.31%

-$6.83M

COLD Americold Realty Trust

-2.54%

-$2.96M

AMZN Amazon.com Inc

-2.53%

-$20.27M

WTW Willis Towers Watson Public Limited Company

-2.12%

-$4.85M

V Visa Inc. Class A

-1.16%

-$2.58M

PCVX Vaxcyte, Inc.

-1.01%

-$384,000

GPC Genuine Parts Company

-1.01%

-$1.49M

UNP Union Pacific Corporation

-0.93%

-$3.78M

GOOG Alphabet Inc

-0.76%

-$3.2M

AON Aon plc

-0.71%

-$1.74M

FERG Ferguson Enterprises Inc

-0.65%

-$2.12M

DNOW Dnow Inc.

-0.56%

-$271,875

Events

Dividends

Dividend Analysis

No Data

Trades 1997	Longs Won 938/1997 46%	Profit Factor 1.43
Profitability	Shorts Won 0/0 0%	Standard Deviation $32.02M
Average Win $14.07M	Best Trade (Dec 31) $602.93M	Sharpe Ratio -10.34
Average Loss -$8.74M	Worst Trade (Jun 29) -$349.23M	Z-Score -3.97 (100%)
Commissions $0	Avg. Trade Length 1y 9m	Expectancy $1.97M

Loss Size	100%	90%	80%	70%	60%	50%	40%	30%	20%	10%
Probability of Loss	<0.01%	<0.01%	<0.01%	<0.01%	<0.01%	<0.01%	<0.01%	0.04%	0.75%	9.93%
Consecutive Losing Trades	652	587	522	457	391	326	261	196	130	65