What Seth Klarman bought and sold in Q4 2024

In Q4 2024, Seth Klarman (Baupost Group) opened 4 new positions — including FERG (5.7%), SNREN (2.9%), HUM (2.6%), added to 3, trimmed 1, exited 3 (FIS, J, FTRE). The book stood at $3.43B across 22 positions, filed Feb 13, 2025.

Changes vs the prior quarter's 13F, long US equity positions only (no shorts, options, or non-US listings). ADD/TRIM are share- count changes of ±20% or more. Sourced from SEC EDGAR. Not investment advice.