13FINSTITUTION · CIK 0001061768 · 2026-Q2 · filed Aug 13, 2026
Baupost
BAUPOST GROUP LLC/MA
$5.4B
13F long value · 2026-Q2 Positions23
CategoryValue
Quarters tracked9
●#497 of 556 by 13F long value
Size rank 2/10
3NEW1ADD12×+3TRIM2EXIT
Snapshot
Baupost's 13F portfolio at a glance — size, concentration and this quarter's activity.
13F long value
$5.4B
Positions
23
Top 23 long weight
99.9%
Quarters tracked
9
Latest 13F filed
Aug 13, 2026
New positions
3
Exits / near-exits
2
13F long value by quarter
Reported long equity value each quarter — fund flows plus market moves. Option notional is not included.
Top holdings — 2026-Q2
The fund's largest reported positions. The long positions shown cover 99.9% of the long value.
| Ticker | Issuer | Weight | Value | Shares | Since 2026-Q2 |
|---|---|---|---|---|---|
| AMZN AMAZON COM INC | AMAZON COM INC | 16.5% | $892.3M | 3.7M | +6.6% |
| ELV Elevance Health, Inc. | Elevance Health, Inc. | 9.1% | $493.1M | 1.3M | +11.5% |
| QSR Restaurant Brands International Inc. | Restaurant Brands International Inc. | 9.0% | $489.6M | 6.8M | +2.7% |
| GOOG Alphabet Inc. | Alphabet Inc. | 9.0% | $484.7M | 1.4M | -11.1% |
| FERG Ferguson Enterprises Inc. /DE/ | Ferguson Enterprises Inc. /DE/ | 6.4% | $344.3M | 1.5M | -3.3% |
| GPC GENUINE PARTS CO | GENUINE PARTS CO | 6.1% | $332.3M | 2.8M | +4.4% |
| UNP UNION PACIFIC CORP | UNION PACIFIC CORP | 6.0% | $322.4M | 1.2M | +9.2% |
| V VISA INC. | VISA INC. | 4.4% | $240.6M | 701.4K | +16.1% |
| WCC WESCO INTERNATIONAL INC | WESCO INTERNATIONAL INC | 4.2% | $229.0M | 662.9K | -4.6% |
| AON Aon plc | Aon plc | 4.2% | $227.9M | 687.0K | -8.9% |
| TFX TELEFLEX INC | TELEFLEX INC | 3.3% | $178.6M | 1.4M | +7.9% |
| NCLH Norwegian Cruise Line Holdings Ltd. | Norwegian Cruise Line Holdings Ltd. | 3.0% | $163.2M | 7.7M | -27.8% |
| MOH MOLINA HEALTHCARE, INC. | MOLINA HEALTHCARE, INC. | 2.7% | $144.9M | 633.6K | -10.5% |
| CME CME GROUP INC. | CME GROUP INC. | 2.5% | $136.7M | 619.0K | +39.5% |
| HLF HERBALIFE LTD. | HERBALIFE LTD. | 2.2% | $121.8M | 9.3M | +1.0% |
Quarterly changes — 2026-Q2
What Baupost opened, added, trimmed and exited this quarter, largest dollar moves first.
| Action | Ticker | Issuer | Prev shares | Curr shares | Change | Value Δ |
|---|---|---|---|---|---|---|
| EXIT | WTW EXIT WILLIS TOWERS WATSON PLC | WILLIS TOWERS WATSON PLC | 893.1K | 0 | -100.0% | -$259.6M |
| ADD | GPC ADD GENUINE PARTS CO | GENUINE PARTS CO | 1.5M | 2.8M | +89.0% | +$174.6M |
| TRIM | WCC TRIM WESCO INTERNATIONAL INC | WESCO INTERNATIONAL INC | 1.4M | 662.9K | -53.9% | -$164.2M |
| NEW | CME NEW CME GROUP INC. | CME GROUP INC. | 0 | 619.0K | New | +$136.7M |
| 2×+ | NCLH 2×+ Norwegian Cruise Line Holdings Ltd. | Norwegian Cruise Line Holdings Ltd. | 3.6M | 7.7M | +112.9% | +$95.3M |
| TRIM | LBTYK TRIM Liberty Global Ltd. | Liberty Global Ltd. | 13.4M | 8.5M | -36.2% | -$63.2M |
| TRIM | EXP TRIM EAGLE MATERIALS INC | EAGLE MATERIALS INC | 892.8K | 530.8K | -40.5% | -$49.7M |
| EXIT | PCVX EXIT Vaxcyte, Inc. | Vaxcyte, Inc. | 800.0K | 0 | -100.0% | -$46.5M |
| NEW | AXTA NEW Axalta Coating Systems Ltd. | Axalta Coating Systems Ltd. | 0 | 1.3M | New | +$43.6M |
| NEW | PS NEW PERSHING SQUARE INC. | PERSHING SQUARE INC. | 0 | 392.0K | New | +$12.9M |
Conviction over time
Portfolio weight of the current top long holdings, quarter by quarter — rising weight = growing conviction.