Klarman's Baupost Group Boosts Amazon Stake, Doubles Genuine Parts Holding
Baupost Group's portfolio, managed by Seth Klarman, has been reported to be worth approximately $5.42 billion in the latest quarter.
The group maintained its disciplined value-oriented investment approach and held a relatively concentrated portfolio with the top 10 holdings accounting for 74.90% of assets.
Klarman's largest holding is Amazon, which now represents 16.48% of the portfolio after increasing its position by 20.04%. Baupost also nearly doubled its Genuine Parts Co stake and made significant changes to other positions, including a full exit from Willis Towers Watson and Vaxcyte Inc.