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Baupost Group
$ 5 063 754 460As of Q4 2025

Seth Klarman

"The single greatest edge an investor can have is a long-term orientation"

Holdings

21

Return in Q4 2025

$ 98 810 149

Performance (%)
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About the Fund

One of the most respected value investors of our time. His book Margin of Safety has become a cult classic in the investment world, and Baupost Group manages tens of billions of dollars. Seth Klarman is often called the “modern Benjamin Graham” for his disciplined approach to risk management. He follows a conservative value investing style with a strong emphasis on capital preservation. His book is out of print and has never been reissued. Today, original copies on Amazon and eBay can sell for more than $1,000 each. Klarman is also one of the most private figures on Wall Street. He rarely speaks to the press and almost never appears in public, which only reinforces his reputation as an "investor monk."

Portfolio Holdings

Period:

Holding
Ticker
Sector
Portfolio Weight (%)
Change
Return (mln)
Value (mln)
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Data is available to registered users only
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Data is available to registered users only
Data is available to registered users only
Data is available to registered users only
Data is available to registered users only
Data is available to registered users only
Data is available to registered users only
Data is available to registered users only
Data is available to registered users only
Data is available to registered users only
Data is available to registered users only
Data is available to registered users only
Data is available to registered users only
Data is available to registered users only
Data is available to registered users only
Data is available to registered users only
Data is available to registered users only
Data is available to registered users only
Data is available to registered users only
Data is available to registered users only
Data is available to registered users only
Data is available to registered users only
Data is available to registered users only

Portfolio Weight

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Return (mln)

Data is available to registered users only

Change

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Value (mln)

Data is available to registered users only
Data is available to registered users only
Data is available to registered users only
Data is available to registered users only
Data is available to registered users only

Portfolio Weight

Data is available to registered users only

Return (mln)

Data is available to registered users only

Change

Data is available to registered users only

Value (mln)

Data is available to registered users only
Data is available to registered users only
Data is available to registered users only
Data is available to registered users only
Data is available to registered users only

Portfolio Weight

Data is available to registered users only

Return (mln)

Data is available to registered users only

Change

Data is available to registered users only

Value (mln)

Data is available to registered users only
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Sector Allocation

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  • Data is available to registered users only
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    Data is available to registered users only
  • Data is available to registered users only
    -
    Data is available to registered users only
  • Data is available to registered users only
    -
    Data is available to registered users only
  • Data is available to registered users only
    -
    Data is available to registered users only
  • Data is available to registered users only
    -
    Data is available to registered users only
  • Data is available to registered users only
    -
    Data is available to registered users only
  • Data is available to registered users only
    -
    Data is available to registered users only
  • Data is available to registered users only
    -
    Data is available to registered users only
  • Data is available to registered users only
    -
    Data is available to registered users only
  • Data is available to registered users only
    -
    Data is available to registered users only

About the Fund

One of the most respected value investors of our time. His book Margin of Safety has become a cult classic in the investment world, and Baupost Group manages tens of billions of dollars. Seth Klarman is often called the “modern Benjamin Graham” for his disciplined approach to risk management. He follows a conservative value investing style with a strong emphasis on capital preservation. His book is out of print and has never been reissued. Today, original copies on Amazon and eBay can sell for more than $1,000 each. Klarman is also one of the most private figures on Wall Street. He rarely speaks to the press and almost never appears in public, which only reinforces his reputation as an "investor monk."

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