Seth Klarman · quarter digest

What Seth Klarman did in Q2 2024

Baupost Group filed 6 moves in Q2 2024: 1 new, 1 add, 4 trim, 0 exit.

13F filed 2024-08-14. Manager quality score: q9. Philosophy: Margin of safety. Cash is a position. Patience pays.

New positions · 1

Fresh money

VRSNVERISIGN INC

NEW·0.5% book·−1

Adds · 1

CRHCRH PLC

ADD +56%·8.7% book·+8

Trims · 4

TRIM -12%·16.0% book·+6

“WBD reduction.”

FNFFIDELITY NATL INFORMATION SV

TRIM -37%·7.3% book·+6

GOOGALPHABET INC

TRIM -64%·5.4% book·0

LSXMALIBERTY MEDIA CORP DEL

TRIM -76%·1.0% book·−11

Current top holdings

#	Ticker	Weight	Conviction
1	LBTYK Liberty Global Class C	14.3%	0
2	WBD Warner Bros. Discovery	11.8%	+6
3	VST Vistra Corp	9.6%	+22
4	FNF Fidelity National Financial	7.1%	+6
5	VTRS Viatris	5.4%	0
6	ALLY Ally Financial	4.8%	+1

Not investment advice. Data from 13F filings with HoldLens parsing. Methodology.