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Seth Klarman's Stock Portfolio

Concentration · Top 10

Top 10 = 73.9% of portfolio
SecurityActivityWeightHeld SinceEst. Cost
Price vs Est. Cost
as of today
History
AMZNAMAZON COM INC
Added +47%12.70%Q4 2025$226.03+9.4%
QSRRESTAURANT BRANDS INTL INC
11.68%Q3 2024$64.38+17.4%
WCCWESCO INTL INC
Added +1%7.69%Q1 2024$170.37+94.2%
UNPUNION PAC CORP
Trimmed -5%7.31%Q3 2025$222.32+30.0%
ELVELEVANCE HEALTH INC FORMERLY
Added +0.5%7.30%Q1 2025$346.80+22.6%
GOOGALPHABET INC
Added +9%6.62%≤ Q1 2021N/AN/A
FERGFERGUSON ENTERPRISES INC
Added +27%6.58%Q4 2024$204.60+14.0%
WTWWILLIS TOWERS WATSON PLC LTD
Trimmed -34%5.08%≤ Q1 2021N/AN/A
AONAON PLC
New4.85%Q1 2026$332.33+10.5%
VVISA INC
New4.14%Q1 2026$321.26+11.4%
TFXTELEFLEX INCORPORATED
New3.73%Q1 2026$110.03+24.0%
EXPEAGLE MATLS INC
Trimmed -25%3.31%Q1 2024$236.03-13.1%
GPCGENUINE PARTS CO
Added +0.3%3.08%Q3 2025$130.95-5.7%
LBTYKLIBERTY GLOBAL LTD
Trimmed -36%3.07%Q4 2023$9.07+16.2%
HLFHERBALIFE LTD
2.67%Q4 2022$10.75+21.8%
GDSGDS HLDGS LTD
2.40%Q1 2024$7.28+350.5%
COLDAMERICOLD REALTY TRUST INC
Added +124%1.74%Q3 2025$13.35+17.5%
MOHMOLINA HEALTHCARE INC
Added +1%1.65%Q4 2025$164.30+47.8%
AEROGRUPO AEROMEXICO SAB DE CV
Added +1%1.34%Q4 2025$19.15-20.1%
NCLHNORWEGIAN CRUISE LINE HLDGS
New1.33%Q1 2026$21.85-10.1%
PCVXVAXCYTE INC
New0.91%Q1 2026$54.29+5.0%
DNOWDNOW INC
New0.84%Q1 2026$13.53-3.6%

Closed this quarter · 6

SecurityActivityPreceding WeightHeld SinceEst. Cost History
FISFIDELITY NATL INFORMATION SV
Sold5.67%Q3 2022$71.93
DGDOLLAR GEN CORP NEW
Sold5.19%Q2 2023$103.44
FISVFISERV INC
Sold2.80%Q4 2021$123.62
CRHCRH PLC
Sold2.54%Q3 2023$71.53
LBTYKLIBERTY GLOBAL LTD
Sold0.44%Q4 2023$9.07
TBNTAMBORAN RES CORP
Sold0.13%Q3 2024$21.79