Baupost Group LLC/Ma's Q3 2022 vs. Q4 2022 13F Holdings: Notable Changes in Portfolio

Baupost Group LLC/Ma Q3 2022 vs. Q4 2022 13F Holdings Comparison

Baupost Group LLC/Ma is a hedge fund that manages over $30 billion in assets. The fund recently filed its Q3 2022 and Q4 2022 13F holdings, which provides a snapshot of its portfolio at the end of each quarter. In this post, we will analyze the changes in Baupost Group LLC/Ma's holdings between Q3 2022 and Q4 2022.

The 13F filings reveal that Baupost Group LLC/Ma reduced its overall holdings from $31.6 billion in Q3 2022 to $28.4 billion in Q4 2022, a decrease of approximately 10.1%. This reduction is primarily due to the fund's selling of FISV and DBX, which were two of its top holdings. FISV is a provider of financial services technology, and DBX is a cloud-based file storage company.

Baupost Group LLC/Ma's top holdings in Q3 2022 were LBTYA, FOXA, LBTYK, and BATRK. In Q4 2022, the fund's top holdings were LBTYA, LSXMA, LBTYK, and FOXA. LBTYA and LBTYK remained the top two holdings, but the fund reduced its holdings of LBTYK by 0.9% and increased its position in LBTYA by 21.4%.

LSXMA was the third-largest holding in Q4 2022, with Baupost Group LLC/Ma increasing its position by 3.3%. LSXMA is a tracking stock that represents a stake in the Liberty SiriusXM Group, a subsidiary of Liberty Media. The subsidiary includes SiriusXM, Pandora Media, and Live Nation Entertainment.

FOXA was another top holding for the fund, with Baupost Group LLC/Ma reducing its position by 3.2% from Q3 2022 to Q4 2022. FOXA is a media company that operates FOX News, FOX Sports, and the FOX Broadcasting Company. The fund's position in FOXA was reduced in Q4 2022, likely due to the company's declining stock performance over the past year.

Two other significant changes in Baupost Group LLC/Ma's holdings were the increases in its positions in GOOG and WTW. The fund increased its holding of GOOG by 208.4% and its position in WTW by 21.3%. WTW is a consulting company that provides advisory services to insurance companies, pension funds, and other institutional investors.

In contrast, the fund decreased its holdings in QRVO and FISV by 20.4% and 38.8%, respectively. QRVO is a semiconductor company that provides solutions for wireless communications and the Internet of Things (IoT). FISV is a provider of financial technology solutions for banks, credit unions, and other financial institutions.

Other notable changes in Baupost Group LLC/Ma's holdings include the addition of 2 million shares of HLF, an increase of 122.5% in its position in META, and the sale of its entire position in OB. HLF is a direct selling nutrition company that sells weight management, energy, and sports nutrition products. META is a social media platform that allows users to buy and sell goods and services in their local communities.

In conclusion, Baupost Group LLC/Ma's Q4 2022 13F holdings reveal several notable changes in its portfolio. The fund reduced its overall holdings by 10.1% due to the sale of several top holdings, including FISV and DBX. The fund increased its positions in LBTYA, LSXMA, GOOG, and WTW, while decreasing its positions in QRVO and FISV. The addition of 2 million shares of HLF and the 122.5% increase in its position in META were also notable changes in Baupost Group LLC/Ma's portfolio in Q4 2022.