SEC 13F Intelligence

Managers / Q4 2024 · 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
$3M
Q4 2024
Positions
22
Filings on Record
30
2019–present window
Filed
Feb 13, 2025
original filing

Summary

Baupost Group LLC/Ma reported $3M in U.S.-listed holdings across 22 positions for Q4 2024.

Its largest position, Willis Towers Watson, represents 16.8% of the portfolio.

Compared with Q3 2024, the fund opened 4 new positions and exited 3.

Portfolio Metrics

Turnover
+22.4%
vs prior filed quarter
Top-10 Concentration
+80.2%
share of reported value
Largest Position
+16.8%
Willis Towers Watson
New / Exited
4 / 3
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
Other: 47.7%Common Stock: 46.0%ADR: 5.9%US DOMESTIC: 0.4%
  • Other · 47.7% · $2M
  • Common Stock · 46.0% · $2M
  • ADR · 5.9% · $201,582
  • US DOMESTIC · 0.4% · $13,104

Quarter-over-Quarter Changes full breakdown →

vs Q3 2024 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
FERGFERGUSON ENTERPRISES INCNEW+1.13M1.13M+$196,481$196,481
SUNRISE COMMUNICATIONS AGNEW+2.34M2.34M+$100,603$100,603
HUMHUMANA INCNEW+346.0K346.0K+$87,784$87,784
GPCGENUINE PARTS CONEW+315.3K315.3K+$36,819$36,819
QSRRESTAURANT BRANDS INTL INCADDED+2.87M2.90M+$187,092$189,133
FISFIDELITY NATL INFORMATION SVSOLD OUT−971.5K0−$81,360$0
JJACOBS SOLUTIONS INCSOLD OUT−350.7K0−$45,904$0
FTREFORTREA HLDGS INCSOLD OUT−2.29M0−$45,863$0

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

Holdings — Q4 2024

19 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1LIBERTY GLOBAL LTDCOM CL C · COM CL A17.03%$584,79344.66M
2WILLIS TOWERS WATSON PLC LTDSHS16.75%$575,3431.84M
3GOOGALPHABET INChistory →CAP STK CL C7.91%$271,5651.43M
4WCCWESCO INTL INChistory →COM7.56%$259,7991.44M
5CRH PLCORD7.12%$244,3832.64M
6FERGFERGUSON ENTERPRISES INChistory →COMMON STOCK NEW5.72%$196,4811.13M
7QSRRESTAURANT BRANDS INTL INChistory →COM5.51%$189,1332.90M
8CLARIVATE PLCORD SHS5.37%$184,29836.28M
9EXPEAGLE MATLS INChistory →COM4.59%$157,488638.2K
10DGDOLLAR GEN CORP NEWhistory →COM4.55%$156,2502.06M
11VSATVIASAT INChistory →COM3.03%$104,01412.22M
12GDSGDS HLDGS LTDhistory →SPONSORED ADS2.94%$100,9794.25M
13SUNRISE COMMUNICATIONS AGADS CL A2.93%$100,6032.34M
14SOLVSOLVENTUM CORPhistory →COM SHS2.78%$95,5431.45M
15HUMHUMANA INChistory →COM2.56%$87,784346.0K
16HERBALIFE LTDCOM SHS · NOTE 4.250% 6/11.86%$63,95224.73M
17GPCGENUINE PARTS COhistory →COM1.07%$36,819315.3K
18LBRDKLIBERTY BROADBAND CORPCOM SER C · COM SER A0.39%$13,317178.2K
19TBNTAMBORAN RES CORPhistory →COM0.35%$11,982570.8K

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 ↗.