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Seth Klarman's full portfolio
Portfolio similarity

Investors who trade like Seth Klarman

The 29 other tracked superinvestors ranked by shared-ticker overlap with Seth Klarman's (Baupost Group) latest 13F portfolio. Jaccard similarity — the fraction of tickers held by both investors out of the union of tickers held by either.

Top similar investors

  1. 1
    Bill Ackman fund logo
    Bill Ackman
    Pershing Square Capital
    14%
    Jaccard
    3 shared of 22 total tickersAMZN · QSR · GOOG
  2. 2
    Chris Hohn fund logo
    Chris Hohn
    TCI Fund Management
    10%
    Jaccard
    2 shared of 20 total tickersGOOG · V
  3. 3
    Bill Nygren fund logo
    Bill Nygren
    Oakmark Funds
    8%
    Jaccard
    7 shared of 87 total tickersAMZN · ELV · UNP · GOOG · WTW
  4. 4
    Glenn Greenberg fund logo
    Glenn Greenberg
    Brave Warrior Advisors
    8%
    Jaccard
    3 shared of 40 total tickersAMZN · ELV · GOOG
  5. 5
    William von Mueffling fund logo
    William von Mueffling
    Cantillon Capital Management
    7%
    Jaccard
    3 shared of 46 total tickersFERG · AON · V
  6. 6
    David Rolfe fund logo
    David Rolfe
    Wedgewood Partners
    6%
    Jaccard
    2 shared of 31 total tickersAMZN · V
  7. 7
    Andreas Halvorsen fund logo
    Andreas Halvorsen
    Viking Global Investors
    6%
    Jaccard
    3 shared of 48 total tickersAMZN · AON · V
  8. 8
    Lee Ainslie fund logo
    Lee Ainslie
    Maverick Capital
    6%
    Jaccard
    2 shared of 32 total tickersAMZN · UNP
  9. 9
    Polen Capital fund logo
    Polen Capital
    Polen Capital Management
    6%
    Jaccard
    5 shared of 85 total tickersAMZN · GOOG · WTW · AON · V
  10. 10
    David Tepper fund logo
    David Tepper
    Appaloosa Management
    6%
    Jaccard
    2 shared of 34 total tickersAMZN · GOOG
  11. 11
    François Rochon fund logo
    François Rochon
    Giverny Capital
    6%
    Jaccard
    3 shared of 52 total tickersGOOG · FERG · V
  12. 12
    Stanley Druckenmiller fund logo
    Stanley Druckenmiller
    Duquesne Family Office
    5%
    Jaccard
    2 shared of 38 total tickersAMZN · QSR
  13. 13
    Dev Kantesaria fund logo
    Dev Kantesaria
    Valley Forge Capital
    5%
    Jaccard
    1 shared of 19 total tickersV
  14. 14
    Michael Burry fund logo
    Michael Burry
    Scion Asset Management
    5%
    Jaccard
    1 shared of 21 total tickersMOH
  15. 15
    Li Lu fund logo
    Li Lu
    Himalaya Capital
    4%
    Jaccard
    1 shared of 25 total tickersGOOG

Method

Jaccard similarity = |A ∩ B| / |A ∪ B| where A and B are the sets of tickers each investor holds in their most recent 13F filing.

A score of 100% means both investors hold exactly the same tickers. A score of 0% means no overlap. In practice, tracked superinvestors rarely exceed 40% — they pick unique spots even within similar philosophies.

Source data: SEC EDGAR 13F-HR filings, latest quarter available per investor. v1 uses unweighted Jaccard (set membership). v2 will add position-weighted similarity for a finer-grained score.

Related

Frequently asked questions

Which investors are most similar to Seth Klarman?

Top portfolio-similarity peers to Seth Klarman (Baupost Group): Bill Ackman (Pershing Square Capital, 14% Jaccard); Chris Hohn (TCI Fund Management, 10% Jaccard); Bill Nygren (Oakmark Funds, 8% Jaccard). Full ranking of all 29 tracked peers below, by shared-ticker overlap.

How is investor similarity calculated?

HoldLens uses Jaccard similarity on shared tickers: |A ∩ B| / |A ∪ B|. For each pair of investors, count tickers held by both, divide by tickers held by either. Range 0% (no overlap) to 100% (identical portfolio). Computed from latest SEC 13F-HR filings for Seth Klarman and the 29 other tracked superinvestors.

Why does Seth Klarman's portfolio overlap with these investors?

Portfolio overlap reflects shared investment thesis, sector orientation, or fund-of-funds inheritance. High Jaccard (>50%) is rare and usually signals tight thesis alignment; 20-40% suggests overlapping sectors; <10% means distinct strategies. Click each peer below for their full 13F positions and ConvictionScore.

How current is the Seth Klarman similarity ranking?

Updated on each quarterly 13F-HR filing cycle (45-day statutory lag per SEC). Similarity scores refresh as new positions are added or exited. See /methodology for the federation cadence + 13F filing-window math.

Similarity computed from publicly filed 13F portfolios. 13F filings show long US equity positions only (no shorts, no cash, no non-US positions). Not investment advice.