— Know what they know.
Not Investment Advice
Asset Manager ← All Institutions

BAUPOST GROUP LLC/MA

Q4 2025 · Filed 2026-02-13
Market Value
$4.9B
+10.5%
Holdings
20
-2
New Purchases
2
Added To
7
Closed
1
Reduced
10
Top 10 Concentration
77.7%
Turnover
15.0%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
AMZN 9.96% 0.00% +9.96% $490M
MOH 2.21% 0.00% +2.21% $108M
HLF 2.43% 1.47% +0.96% $119M
WTW 9.07% 8.45% +0.62% $446M
FIS 6.09% 5.62% +0.47% $299M
FI 3.00% 2.59% +0.41% $148M
EXP 4.98% 4.92% +0.06% $245M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
CRH.L 2.72% 9.12% -6.39% $134M
GOOG 6.94% 10.17% -3.23% $341M
QSR 11.21% 11.89% -0.68% $551M
FERG 5.15% 5.83% -0.68% $253M
GDS 2.16% 2.83% -0.67% $106M
GPC 3.72% 4.34% -0.63% $183M
DG 5.57% 6.19% -0.62% $274M
PAGS 0.00% 0.56% -0.56% $0
ANTM 9.05% 9.58% -0.53% $445M
UNP 7.65% 7.95% -0.29% $376M
TBN 0.14% 0.35% -0.21% $7M
WCC 7.06% 7.14% -0.09% $347M
COLD 0.91% 0.99% -0.08% $45M

Sector Allocation Over Time

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 2 $831M 16.9%
Large Cap 11 $3.5B 70.3%
Mid Cap 5 $504M 10.3%
Small Cap 2 $126M 2.6%

Portfolio Analytics

Avg Market Cap
$401.1B
Median Market Cap
$22.9B
Avg P/E
30.6
Median P/E
16.3
Avg Dividend Yield
0.02%
Avg Beta
0.80
# Stocks
20
# ETFs / Funds
0

Top Holdings (20 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 QSR 11.21% 8,080,112 $551M $68.23 $22M -172,750 -2.1%
2 AMZN 9.96% 2,121,391 $490M $230.82 +2,121,391 NEW
3 WTW 9.07% 1,357,601 $446M $328.60 $70M +268,536 +24.7%
4 ANTM 9.05% 1,269,302 $445M $350.55 $19M -49,698 -3.8%
5 UNP 7.65% 1,627,254 $376M $231.32 $23M +131,050 +8.8%
6 WCC 7.06% 1,418,831 $347M $244.64 $29M -84,349 -5.6%
7 GOOG 6.94% 1,087,181 $341M $313.80 -$111M -770,957 -41.5%
8 FIS 6.09% 4,503,801 $299M $66.46 $49M +714,090 +18.8%
9 DG 5.57% 2,062,821 $274M $132.77 -$2M -604,055 -22.6%
10 FERG 5.15% 1,137,035 $253M $222.63 -$6M -18,465 -1.6%
11 EXP 4.98% 1,185,248 $245M $206.68 $26M +245,588 +26.1%
12 GPC 3.72% 1,486,088 $183M $122.96 -$11M +91,088 +6.5%
13 FI 3.00% 2,200,000 $148M $67.17 $32M +1,305,000 +145.8%
14 CRH.L 2.72% 1,072,957 $134M $124.80 -$272M -2,310,438 -68.3%
15 HLF 2.43% 9,259,844 $119M $12.89 $54M +1,500,000 +19.3%
16 MOH 2.21% 625,000 $108M $173.54 +625,000 NEW
17 GDS 2.16% 3,044,818 $106M $34.90 -$20M -205,134 -6.3%
18 COLD 0.91% 3,475,685 $45M $12.86 $633K -124,315 -3.5%
19 TBN 0.14% 257,226 $7M $27.23 -$9M -313,607 -54.9%
20 PAGS —% -$25M -2,500,000 -100.0% SOLD

New Positions

SymbolValue% Port
AMZN $490M 9.96%
MOH $108M 2.21%

Sold Out Positions

SymbolValue% Port
PAGS —%
View SEC EDGAR Filings for BAUPOST GROUP LLC/MA →

Sign in to InsiderStreet

You'll also get our free weekly newsletter with
smart money signals, market insights, and alpha ideas.
Unsubscribe anytime.

For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms