SEC 13F Intelligence

Managers / Q1 2022 · view latest →

BAUPOST GROUP LLC/MA

CIK 0001061768 · Part of the Baupost family · 10 ST JAMES AVE, SUITE 1700, BOSTON, MA, 02116 · 617-210-8300

Reported Value
$9.3B
Q1 2022
Positions
55
Filings on Record
30
2019–present window
Filed
May 13, 2022
original filing

Summary

Baupost Group LLC/Ma reported $9.3B in U.S.-listed holdings across 55 positions for Q1 2022.

Its largest position, Liberty Global, represents 15.0% of the portfolio.

Compared with Q4 2021, the fund opened 3 new positions and exited 2.

Portfolio Metrics

Turnover
+5.3%
vs prior filed quarter
Top-10 Concentration
+69.7%
share of reported value
Largest Position
+15.0%
Liberty Global
New / Exited
3 / 2
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $11.5BQ4 ’18Q1 ’19: $11.9BQ2 ’19: $11.0BQ3 ’19: $8.8BQ4 ’19: $9.1BQ4 ’19Q1 ’20: $6.8BQ2 ’20: $8.0BQ3 ’20: $9.3BQ4 ’20: $10.8BQ4 ’20Q1 ’21: $12.6BQ2 ’21: $12.3BQ3 ’21: $10.9BQ4 ’21: $10.1BQ4 ’21Q1 ’22: $9.3BQ2 ’22: $6.8BQ3 ’22: $5.8BQ1 ’23: $6MQ1 ’23Q2 ’23: $6MQ3 ’23: $5MQ4 ’23: $5MQ1 ’24: $4MQ1 ’24Q2 ’24: $4MQ3 ’24: $4MQ4 ’24: $3MQ1 ’25: $3MQ1 ’25Q2 ’25: $4MQ3 ’25: $5MQ4 ’25: $5MQ1 ’26: $5MQ1 ’26filingsflow.com

Portfolio Composition

By security type
Common Stock: 64.4%Other: 24.8%Tracking Stk: 8.2%PUBLIC: 2.3%US DOMESTIC: 0.3%Other: 0.0%
  • Common Stock · 64.4% · $6.0B
  • Other · 24.8% · $2.3B
  • Tracking Stk · 8.2% · $767M
  • PUBLIC · 2.3% · $211M
  • US DOMESTIC · 0.3% · $29M
  • Other · 0.0% · $1M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
GTNGRAY TELEVISION INCNEW+1.29M1.29M+$28M$28M
POSTPOST HOLDINGS PARTNERING CORNEW+378.3K378.3K+$26M$26M
BRBRBELLRING BRANDS INCNEW+479.6K479.6K+$11M$11M
EHCENCOMPASS HEALTH CORPADDED+2.28M3.00M+$167M$213M
PERSHING SQUARE TONTINE HLDGSOLD OUT−9.55M0−$188M$0
GENNORTONLIFELOCK INCSOLD OUT−5.78M0−$150M$0
IRONSOURCE LTDADDED+3.94M7.94M+$7M$38M
JOBY AVIATION INCTRIMMED−7.65M1.97M−$57M$13M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q1 2022

45 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1LIBERTY GLOBAL PLCSHS CL C · SHS CL A17.14%$1.6B61.63M
2QRVOQORVO INChistory →COM8.87%$825M6.65M
3INTCINTEL CORPhistory →COM8.84%$822M16.59M
4VSATVIASAT INChistory →COM8.55%$795M16.29M
5LIBERTY MEDIA CORP DELCOM C SIRIUSXM · COM A SIRIUSXM8.25%$767M16.78M
6GOOGALPHABET INChistory →CAP STK CL C7.32%$681M243.9K
7VERITIV CORPCOM5.12%$476M3.56M
8FISVFISERV INChistory →COM4.35%$404M3.99M
9WILLIS TOWERS WATSON PLC LTDSHS3.13%$291M1.23M
10SSNCSS&C TECHNOLOGIES HLDGS INChistory →COM3.04%$283M3.77M
11DBXDROPBOX INChistory →CL A2.64%$246M10.57M
12MUMICRON TECHNOLOGY INChistory →COM2.61%$242M3.11M
13GTXGARRETT MOTION INCPFD CONV SER A · COM2.54%$236M29.06M
14NXSTNEXSTAR MEDIA GROUP INChistory →CL A2.33%$216M1.15M
15METAMETA PLATFORMS INChistory →CL A2.32%$216M969.9K
16EHCENCOMPASS HEALTH CORPhistory →COM2.29%$213M3.00M
17THERAVANCE BIOPHARMA INCCOM · NOTE 3.250%11/01.71%$159M43.64M
18DIGITALBRIDGE GROUP INCCL A COM1.42%$132M18.37M
19VTYVERINT SYS INChistory →COM1.23%$114M2.21M
20ATRAGBXATARA BIOTHERAPEUTICS INChistory →COM0.81%$75M8.12M
21ADVANTAGE SOLUTIONS INCCOM CL A0.80%$74M12.04M
22ARCHAEA ENERGY INCCOM CL A0.70%$65M3.12M
23NUVBNUVATION BIO INChistory →COM CL A0.59%$55M10.44M
24AVANTI ACQUISITION CORPSHS CL A0.42%$39M4.00M
25IRONSOURCE LTDCL A ORD SHS0.41%$38M7.94M
26LIBERTY MEDIA ACQUISITION COCOM SR A0.34%$31M3.16M
27GTNGRAY TELEVISION INChistory →COM0.31%$28M1.29M
28POSTPOST HOLDINGS PARTNERING CORhistory →COM SER A0.28%$26M378.3K
29ALTIMETER GROWTH CORP 2COM CL A0.26%$24M2.47M
30GRAB HOLDINGS LIMITEDCLASS A ORD0.22%$20M6.11M
31DRAGONEER GROWTH OPT CORP IICL A SHS0.21%$19M1.96M
32CGEMCULLINAN ONCOLOGY INChistory →COM0.17%$16M1.54M
33JOBY AVIATION INCCOMMON STOCK · *W EXP 08/10/2020.16%$14M2.84M
34TMQTRILOGY METALS INC NEWhistory →COM0.13%$12M11.13M
35BRBRBELLRING BRANDS INChistory →COMMON STOCK0.12%$11M479.6K
36SVF INVESTMENT CORPCL A SHS0.10%$10M989.3K
37TEADOUTBRAIN INChistory →COM0.09%$8M792.0K
38FINCH THERAPEUTICS GROUP INCCOM0.06%$6M1.12M
39NOBLE CORP NEWSHS0.04%$3M104.9K
40PERSHING SQUARE TONTINE HLDG*W EXP 07/24/2020.02%$2M1.90M
41ERMENEGILDO ZEGNA N V*W EXP 12/17/2020.02%$2M698.2K
42REDBALL ACQUISITION CORP*W EXP 08/17/2020.01%$1M1.64M
43VERTICAL AEROSPACE LTD*W EXP 09/15/2020.01%$1M1.46M
44AUROWAURORA INNOVATION INChistory →*W EXP 11/03/2020.01%$1M736.5K
45HORIZON ACQUISITION CORPORAT*W EXP 10/19/2020.01%$770,0001.17M

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$5M22May 14, 202613F-HRchanges · EDGAR ↗
Q4 2025$5M22Feb 13, 202613F-HRchanges · EDGAR ↗
Q3 2025$5M22Nov 13, 202513F-HRchanges · EDGAR ↗
Q2 2025$4M23Aug 13, 202513F-HRchanges · EDGAR ↗
Q1 2025$3M23May 14, 202513F-HRchanges · EDGAR ↗
Q4 2024$3M22Feb 13, 202513F-HRchanges · EDGAR ↗
Q3 2024$4M21Nov 13, 202413F-HRchanges · EDGAR ↗
Q2 2024$4M24Aug 13, 202413F-HRchanges · EDGAR ↗
Q1 2024$4M22May 14, 202413F-HRchanges · EDGAR ↗
Q4 2023$5M23Feb 13, 202413F-HRchanges · EDGAR ↗
Q3 2023$5M32Nov 13, 202313F-HRchanges · EDGAR ↗
Q2 2023$6M29Aug 11, 202313F-HRchanges · EDGAR ↗
Q1 2023$6M31May 12, 202313F-HRchanges · EDGAR ↗
Q4 2022Under review34Feb 13, 202313F-HRchanges · EDGAR ↗
Q3 2022$5.8B45Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$6.8B52Aug 12, 202213F-HRchanges · EDGAR ↗
Q1 2022$9.3B55May 13, 202213F-HRchanges · EDGAR ↗
Q4 2021$10.1B54Feb 11, 202213F-HRchanges · EDGAR ↗
Q3 2021$10.9B57Nov 12, 202113F-HRchanges · EDGAR ↗
Q2 2021$12.3B59Aug 13, 202113F-HRchanges · EDGAR ↗
Q1 2021$12.6B59May 14, 202113F-HRchanges · EDGAR ↗
Q4 2020$10.8B45Feb 12, 202113F-HRchanges · EDGAR ↗
Q3 2020$9.3B37Nov 13, 202013F-HRchanges · EDGAR ↗
Q2 2020$8.0B31Aug 13, 202013F-HRchanges · EDGAR ↗
Q1 2020$6.8B33May 14, 202013F-HRchanges · EDGAR ↗
Q4 2019$9.1B31Feb 13, 202013F-HRchanges · EDGAR ↗
Q3 2019$8.8B32Nov 13, 201913F-HRchanges · EDGAR ↗
Q2 2019$11.0B32Aug 13, 201913F-HRchanges · EDGAR ↗
Q1 2019$11.9B35May 15, 201913F-HRchanges · EDGAR ↗
Q4 2018$11.5B37Feb 13, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.