The Baupost Group was established in 1982 by Seth Klarman with $27 million. He has since been able to generate an investment return of 20% compounded. He is currently ranked as the fifteenth richest hedge fund manager with a personal net worth of $1.5 billion. Klarman has been a fervent supporter of Benjamin Graham’s ideas. He shifts his main attention to figuring out and determining the dangers connected to each stock. The goal of Klarman’s bottom-up approach is to find undervalued stocks that will outperform the market. The 13F portfolio of Seth Klarman dropped this quarter from $10.28 billion to $9.27 billion. His Baupost Group makes investments largely in the financial, technology, and services industries. The top three positions make up 35% of the hedge fund’s total portfolio, which is highly concentrated.
Insider Monkey highlighted the top 10 stocks to buy now according to billionaire Seth Klarman. The main business of SS&C Technologies Holdings Inc. is selling software and software as a service to the financial services sector. The largest shareholder is the New York-based investment company Select Equity Group, according to Insider Monkey’s database of 900+ tracked hedge funds. A multinational company with British and American roots, Willis Towers Watson Plc, specializes in risk management, insurance broking, and consulting. It has roots that go back to 1828 and is today ranked as the third-largest insurance broker worldwide. The largest shareholder, First Eagle Investment Management, has 4.7 million shares worth more than $1.1 billion. In 2022, Fiserv, Inc. is declining in value as the market shifts from tech companies to value stocks. The largest stakeholder of the stock at the moment is the Chicago-based investment firm Harris Associates, which owns over 24 million shares worth more than $2.4 billion. Business-to-business distributor of packaging, printing, and hygiene supplies is Veritiv Corporation. Over 3.5 million shares worth over $476 million are held by Seth Klarman’s Baupost Group. The business operates 123 distribution sites in the US, Canada, and Mexico, according to estimates. Lions Gate Entertainment Corp. paid $4.4 billion to purchase Starz Acquisition LLC in November 2021. The largest shareholder of Starz is Warren Buffett’s Berkshire Hathaway, which has 43.2 million shares worth over $1.9 billion. For more details, click Top 10 Stocks To Buy Now According To Billionaire Seth Klarman.
