Seth Klarman is the founder and CEO of Baupost Group, a billionaire investor. At the end of 2021, his hedge fund had a portfolio worth more than $10 billion. His fund has achieved annualized total returns of 6.6 percent over the last three years. Seth Klarman is the founder and CEO of Baupost Group, a billionaire investor. At the end of 2021, his hedge fund had a portfolio worth more than $10 billion. His fund has achieved annualized total returns of 6.6 percent over the last three years.
Here is Insider Monkey’s list of the top 10 stock picks of legendary value investor Seth Klarman. At the end of the third quarter of 2021, Baupost Group owned 2 million shares of Nexstar Media Group, Inc. worth $310 million, or 2.85 percent of the company’s stock. Cardinal Capital is a major shareholder, owning around $166 million worth of stock. At the end of the third quarter of 2021, Baupost Group owned 2.85 percent of Nexstar Media Group, Inc., worth $310 million. Cardinal Capital is the largest stakeholder, owning around $166 million worth of stock. At the conclusion of the third quarter of 2021, Seth Klarman’s hedge fund had 5.9 million shares of eBay Inc. worth more than $416 million, accounting for 3.82 percent of the overall portfolio. Micron Technology accounted for 4.67 percent of Baupost Group’s portfolio at the end of September 2021, with 7.1 million shares valued at $508 million. Insider Monkey’s database revealed that 63 hedge funds have $3.8 billion in investments. Baupost Group had $525 million worth of Meta Platforms, Inc. stock, accounting for 4.82 percent of the portfolio. Despite plans to reopen the Meta offices by the end of January 2022, employees will be allowed to work from home for at least another five months. For more details, click Top 10 Stock Picks Of Legendary Value Investor Seth Klarman.