$5.74 Billion is the total value of Baupost Group's 27 reported holdings in Q3 2014. The portfolio turnover from Q2 2014 to Q3 2014 was 20.8% .
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| MU | MICRON TECHNOLOGY INC | $1,769,715,000 | +4.0% | 51,655,434 | 0.0% | 30.82% | +11.2% | |
| LNG | Buy | CHENIERE ENERGY INC | $896,258,000 | +108.8% | 11,199,030 | +87.0% | 15.61% | +123.3% |
| VSAT | VIASAT INC | $635,707,000 | -4.9% | 11,533,137 | 0.0% | 11.07% | +1.7% | |
| EBAY | Buy | EBAY INC | $345,257,000 | +55.5% | 6,096,707 | +37.4% | 6.01% | +66.2% |
| THRX | Sell | THERAVANCE INC | $338,655,000 | -44.2% | 19,815,983 | -2.8% | 5.90% | -40.4% |
| KERX | Buy | KERYX BIOPHARMACEUTICALS INC | $251,625,000 | +55.2% | 18,300,000 | +73.6% | 4.38% | +66.0% |
| OCN | New | OCWEN FINL CORP | $183,305,000 | – | 7,001,700 | +100.0% | 3.19% | – |
| PBF | Buy | PBF ENERGY INCcl a | $171,490,000 | +15.0% | 7,145,418 | +27.7% | 2.99% | +23.0% |
| AR | New | ANTERO RES CORP | $151,470,000 | – | 2,759,510 | +100.0% | 2.64% | – |
| TBPH | THERAVANCE BIOPHARMA INC | $139,711,000 | -27.7% | 6,061,228 | 0.0% | 2.43% | -22.7% | |
| VRTV | New | VERITIV CORP | $118,286,000 | – | 2,362,885 | +100.0% | 2.06% | – |
| CWSA | CITIGROUP INC*w exp 01/04/201 | $116,444,000 | +55.8% | 122,573,007 | 0.0% | 2.03% | +66.6% | |
| RFMD | RF MICRODEVICES INC | $112,621,000 | +20.3% | 9,759,185 | 0.0% | 1.96% | +28.7% | |
| TQNT | TRIQUINT SEMICONDUCTOR INC | $112,145,000 | +20.6% | 5,880,696 | 0.0% | 1.95% | +29.0% | |
| SEMI | SUNEDISON SEMICONDUCTOR LTD | $80,213,000 | +14.3% | 4,145,379 | 0.0% | 1.40% | +22.2% | |
| R114PS | CHIPMOS TECH BERMUDA LTD | $74,267,000 | -6.3% | 3,283,235 | 0.0% | 1.29% | +0.3% | |
| NG | NOVAGOLD RES INC | $65,716,000 | -28.0% | 21,688,300 | 0.0% | 1.14% | -23.0% | |
| KOS | KOSMOS ENERGY LTD | $47,310,000 | -11.3% | 4,750,000 | 0.0% | 0.82% | -5.2% | |
| ELOS | Sell | SYNERON MEDICAL LTD | $30,006,000 | -27.3% | 2,994,610 | -25.1% | 0.52% | -22.2% |
| KIN | Buy | KINDRED BIOSCIENCES INC | $27,878,000 | -45.9% | 3,013,848 | +9.0% | 0.49% | -42.1% |
| AIGWS | AMERICAN INTL GROUP INC*w exp 01/19/202 | $18,781,000 | -10.5% | 788,998 | 0.0% | 0.33% | -4.4% | |
| New | THERAVANCE INCnote 2.125% 1/1 | $16,405,000 | – | 17,089,000 | +100.0% | 0.29% | – | |
| AOI | ALLIANCE ONE INTL INC | $12,576,000 | -21.2% | 6,383,641 | 0.0% | 0.22% | -15.8% | |
| BYD | Sell | BOYD GAMING CORP | $9,951,000 | -70.6% | 979,476 | -65.0% | 0.17% | -68.7% |
| ALDW | ALON USA PARTNERS LPut ltdpart int | $5,830,000 | -1.2% | 329,188 | 0.0% | 0.10% | +6.2% | |
| NCQ | Buy | NOVACOPPER INC | $5,538,000 | +1.5% | 6,005,298 | +20.0% | 0.10% | +7.9% |
| AVEO | AVEO PHARMACEUTICALS INC | $4,251,000 | -39.3% | 3,829,350 | 0.0% | 0.07% | -35.1% | |
| IDIX | Exit | IDENIX PHARMACEUTICALS INC | $0 | – | -53,331,109 | -100.0% | -20.68% | – |
Original filings
The following EDGAR filing(s) were analyzed to create this report:
- View 13F-HR filed 2014-11-14
About Baupost Group
Baupost Group is a Boston-based hedge fund founded by Seth Klarman in 1982. Klarman is a well-known value investor and author of the book "Margin of Safety". The firm has a reputation for being one of the most successful and secretive hedge funds in the world, with a focus on distressed debt, value investing, and event-driven strategies.
Baupost Group has a team of experienced investment professionals, including CEO and President James Mooney, COO Michael Apfel, and Chief Investment Officer Seth Klarman. The firm manages over $30 billion in assets and has a long-term investment horizon, often holding positions for several years.
The firm's investment philosophy is centered around the concept of margin of safety, which involves buying assets at a significant discount to their intrinsic value to minimize downside risk. Baupost Group is known for its disciplined approach to investing, conducting extensive research and analysis before making any investment decisions.
Baupost Group has a history of successful investments, including distressed debt investments in companies such as Enron and WorldCom. The firm also made a significant profit from its investment in the distressed debt of Lehman Brothers following the financial crisis.
Overall, Baupost Group is a highly respected hedge fund with a strong track record of successful investments. However, as with any investment, it is important for investors to conduct their own research and due diligence before making any investment decisions.
It's important to note that this information is for educational purposes only and has not been fact-checked. As with any investment, it's important to do your own research and consult with a financial advisor before making any investment decisions.
Top long-term holdings
| Name | Quarters owned | Latest quarter owned | Max weighting |
|---|---|---|---|
| VIASAT INC | 42 | Q3 2023 | 20.0% |
| THERAVANCE BIOPHARMA INC | 38 | Q3 2023 | 4.2% |
| VERITIV CORP | 37 | Q3 2023 | 10.8% |
| ATARA BIOTHERAPEUTICS INC | 36 | Q3 2023 | 4.2% |
| TRILOGY METALS INC NEW | 29 | Q3 2023 | 0.4% |
| QORVO INC | 27 | Q3 2023 | 9.7% |
| CHENIERE ENERGY INC | 25 | Q1 2020 | 19.1% |
| THERAVANCE BIOPHARMA INC | 23 | Q2 2022 | 0.5% |
| NOVAGOLD RES INC | 22 | Q3 2018 | 1.9% |
| LIBERTY GLOBAL PLC | 21 | Q3 2023 | 16.6% |
View Baupost Group's complete holdings history.
Latest significant ownerships (13-D/G)
| Filed | Shares | Percentage | |
|---|---|---|---|
| Garrett Motion Inc. | August 10, 2023 | 5,987,289 | 2.3% |
| Theravance Biopharma, Inc. | July 10, 2023 | 7,419,226 | 12.8% |
| Outbrain Inc. | May 09, 2023 | 4,720,000 | 8.4% |
| Archaea Energy Inc.Sold out | February 14, 2023 | 0 | 0.0% |
| Liberty Media Corp | February 14, 2023 | 7,677,656 | 7.8% |
| Altimeter Growth Corp. 2Sold out | February 13, 2023 | 0 | 0.0% |
| Avanti Acquisition Corp.Sold out | February 13, 2023 | 0 | 0.0% |
| Liberty Media Acquisition CorpSold out | February 13, 2023 | 0 | 0.0% |
| Liberty Media Corp | February 13, 2023 | 13,651,048 | 6.2% |
| VERINT SYSTEMS INCSold out | February 13, 2023 | 0 | 0.0% |
View Baupost Group's complete significant-ownership history.
Latest filings
| Type | Filed |
|---|---|
| 13F-HR | 2024-02-13 |
| SC 13G/A | 2024-02-13 |
| SC 13G/A | 2024-02-13 |
| SC 13G/A | 2024-02-13 |
| SC 13G | 2024-02-13 |
| SC 13G | 2024-02-13 |
| SC 13G/A | 2024-01-09 |
| 4 | 2023-12-06 |
| SC 13D/A | 2023-12-04 |
| 13F-HR | 2023-11-13 |
View Baupost Group's complete filings history.
All filings
- Holdings (13F-HR)
- Significant ownership (13-D/G)
- Insider transactions (4, 5, 6)
- Events (8-K)
- Shareholder votes (proxy)
View complete filings history.