This page lists the portfolio holdings of Seth Klarman.
Stock Holdings
Seth Klarman - Baupost Group
Period: Q2 2010
Portfolio date: 30 Jun 2010
No. of stocks: 16
Portfolio value: $1,333,285,000
| Symbol | Stock | % of portfolio | Shares | Recent activity | |
| VSAT | hist | Viasat Inc. | 24.35 | 9,972,375 | Add 14.54% |
| NWSA | hist | News Corp. | 17.09 | 19,050,000 | Reduce 17.68% |
| THRX | hist | Theravance Inc. | 12.26 | 13,000,000 | |
| BBEP | hist | Breitburn Energy Partners LP | 9.28 | 8,290,839 | Reduce 2.41% |
| ENZN | hist | Enzon Pharmaceuticals Inc. | 8.13 | 10,175,898 | Add 10.57% |
| CSE | hist | CapitalSource Inc. | 7.24 | 20,278,400 | |
| UFS | hist | Domtar Corp. | 6.73 | 1,825,000 | Reduce 31.82% |
| ADCT | hist | ADC Telecommunications | 3.15 | 5,662,469 | Add 13.25% |
| SLRC | hist | Solar Capital Ltd. | 2.90 | 2,010,973 | |
| AOI | hist | Alliance One International Inc. | 2.35 | 8,800,000 | |
| ITRN | hist | Ituran Location & Control Ltd. | 1.95 | 1,721,066 | |
| LSTZA | hist | Liberty Starz Group | 1.64 | 422,216 | |
| ELOS | hist | Syneron Medical Ltd. | 1.16 | 1,500,000 | |
| MGAM | hist | Multimedia Games Inc. | 0.88 | 2,600,000 | |
| VOXX | hist | Audiovox Cl A | 0.58 | 1,060,576 | Reduce 38.11% |
| EXXI | hist | Energy XXI Ltd. | 0.31 | 265,000 | Buy |
Sector % analysis
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Articles & Commentaries
11 Jun 2010 Klarman Tops Griffin as Investors Hunt for ‘Margin of Safety’
Bruce Berkowitz, named Morningstar Inc.’s domestic stock manager of the decade and a contributor to the latest edition of the Graham and Dodd book, said Klarman stands out among fund managers because he’s able to make money while holding cash and avoiding leverage.
“If he isn’t Elvis, he’s pretty close,” Berkowitz said.
Bruce Berkowitz, named Morningstar Inc.’s domestic stock manager of the decade and a contributor to the latest edition of the Graham and Dodd book, said Klarman stands out among fund managers because he’s able to make money while holding cash and avoiding leverage.
“If he isn’t Elvis, he’s pretty close,” Berkowitz said.
22 May 2010 Why One Legendary Investor Is More Worried Than Ever
And, said Mr. Klarman one of the best ways to protect against a decline in purchasing power is to buy whatever is "out of favor, loathed and despised." So forget about gold or other trendy hedges. Instead, wait patiently for markets—European stocks, perhaps—to get so cheap that they turn most investors' stomachs. Then you can pounce.
And, said Mr. Klarman one of the best ways to protect against a decline in purchasing power is to buy whatever is "out of favor, loathed and despised." So forget about gold or other trendy hedges. Instead, wait patiently for markets—European stocks, perhaps—to get so cheap that they turn most investors' stomachs. Then you can pounce.
19 May 2010 Klarman: Why Investing Is Like Chess
Mr. Klarman repeated cautions he has made before about investing in all commodities, including gold: They generate no cashflow, and so they are extraordinarily tricky to value. Gold has also just hit new highs, he added. That should make value investors–who tend to look for assets that are on sale–very nervous...
Mr. Klarman repeated cautions he has made before about investing in all commodities, including gold: They generate no cashflow, and so they are extraordinarily tricky to value. Gold has also just hit new highs, he added. That should make value investors–who tend to look for assets that are on sale–very nervous...