BAUPOST GROUP LLC/MA Diversified Active

Location: Boston, MA

CIK: 0001061768 · Show all filings

Period: Q4 2025 (← Previous) (Next →)

Filing Date: Feb 13, 2026

Total Value: $5.279B

Holdings (22)

QSR RESTAURANT BRANDS INTL INC 10.4%

Value $551M Shares 8,080,112 Est. Cost $66.91 Unrealized +3.0%

AMZN AMAZON COM INC 9.3%

Value $490M Shares 2,121,391 Est. Cost $228.79 Unrealized 0.0%

WTW WILLIS TOWERS WATSON PLC LTD 8.5%

Value $446M Shares 1,357,601 Est. Cost $238.22 Unrealized +37.1%

ELV ELEVANCE HEALTH INC FORMERLY 8.4%

Value $445M Shares 1,269,302 Est. Cost $349.03 Unrealized -3.5%

UNP UNION PAC CORP 7.1%

Value $376M Shares 1,627,254 Est. Cost $223.49 Unrealized +1.7%

WCC WESCO INTL INC 6.6%

Value $347M Shares 1,418,831 Est. Cost $169.30 Unrealized +44.7%

GOOG ALPHABET INC 6.5%

Value $341M Shares 1,087,181 Est. Cost $143.43 Unrealized +99.6%

FIS FIDELITY NATL INFORMATION SV 5.7%

Value $299M Shares 4,503,801 Est. Cost $72.55 Unrealized -9.5%

DG DOLLAR GEN CORP NEW 5.2%

Value $274M Shares 2,062,821 Est. Cost $103.88 Unrealized +7.3%

FERG FERGUSON ENTERPRISES INC 4.8%

Value $253M Shares 1,137,035 Est. Cost $195.10 Unrealized +22.0%

EXP EAGLE MATLS INC 4.6%

Value $245M Shares 1,185,248 Est. Cost $236.35 Unrealized -6.7%

LBTYK LIBERTY GLOBAL LTD 4.4%

Value $231M Shares 20,884,781 Est. Cost $9.07 Unrealized +22.6%

GPC GENUINE PARTS CO 3.5%

Value $183M Shares 1,486,088 Est. Cost $132.17 Unrealized -2.6%

FISV FISERV INC 2.8%

Value $148M Shares 2,200,000 Est. Cost $123.52 Unrealized -32.1%

CRH CRH PLC 2.5%

Value $134M Shares 1,072,957 Est. Cost $71.74 Unrealized +66.0%

HLF HERBALIFE LTD 2.3%

Value $119M Shares 9,259,844 Est. Cost $10.75 Unrealized -1.5%

MOH MOLINA HEALTHCARE INC 2.1%

Value $108M Shares 625,000 Est. Cost $164.37 Unrealized 0.0%

AERO GRUPO AEROMEXICO SAB DE CV 2.0%

Value $107M Shares 4,855,180 Est. Cost $21.96 Unrealized —

GDS GDS HLDGS LTD 2.0%

Value $106M Shares 3,044,818 Est. Cost $7.67 Unrealized —

COLD AMERICOLD REALTY TRUST INC 0.8%

Value $44.7M Shares 3,475,685 Est. Cost $12.24 Unrealized —

LBTYA LIBERTY GLOBAL LTD 0.4%

Value $23.18M Shares 2,080,456 Est. Cost $8.35 Unrealized +32.6%

TBN TAMBORAN RES CORP 0.1%

Value $7.004M Shares 257,226 Est. Cost $21.79 Unrealized +16.7%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
QSR	RESTAURANT BRANDS INTL INC	8,080,112	$551M	10.4%	$66.91	+3.0%	—	76131D103
AMZN	AMAZON COM INC	2,121,391	$490M	9.3%	$228.79	0.0%	—	023135106
WTW	WILLIS TOWERS WATSON PLC LTD	1,357,601	$446M	8.5%	$238.22	+37.1%	—	G96629103
ELV	ELEVANCE HEALTH INC FORMERLY	1,269,302	$445M	8.4%	$349.03	-3.5%	—	036752103
UNP	UNION PAC CORP	1,627,254	$376M	7.1%	$223.49	+1.7%	—	907818108
WCC	WESCO INTL INC	1,418,831	$347M	6.6%	$169.30	+44.7%	—	95082P105
GOOG	ALPHABET INC	1,087,181	$341M	6.5%	$143.43	+99.6%	—	02079K107
FIS	FIDELITY NATL INFORMATION SV	4,503,801	$299M	5.7%	$72.55	-9.5%	—	31620M106
DG	DOLLAR GEN CORP NEW	2,062,821	$274M	5.2%	$103.88	+7.3%	—	256677105
FERG	FERGUSON ENTERPRISES INC	1,137,035	$253M	4.8%	$195.10	+22.0%	—	31488V107
EXP	EAGLE MATLS INC	1,185,248	$245M	4.6%	$236.35	-6.7%	—	26969P108
LBTYK	LIBERTY GLOBAL LTD	20,884,781	$231M	4.4%	$9.07	+22.6%	—	G61188127
GPC	GENUINE PARTS CO	1,486,088	$183M	3.5%	$132.17	-2.6%	—	372460105
FISV	FISERV INC	2,200,000	$148M	2.8%	$123.52	-32.1%	—	337738108
CRH	CRH PLC	1,072,957	$134M	2.5%	$71.74	+66.0%	—	G25508105
HLF	HERBALIFE LTD	9,259,844	$119M	2.3%	$10.75	-1.5%	—	G4412G101
MOH	MOLINA HEALTHCARE INC	625,000	$108M	2.1%	$164.37	0.0%	—	60855R100
AERO	GRUPO AEROMEXICO SAB DE CV	4,855,180	$107M	2.0%	$21.96	—	—	40054J109
GDS	GDS HLDGS LTD	3,044,818	$106M	2.0%	$7.67	—	—	36165L108
COLD	AMERICOLD REALTY TRUST INC	3,475,685	$44.7M	0.8%	$12.24	—	—	03064D108
LBTYA	LIBERTY GLOBAL LTD	2,080,456	$23.18M	0.4%	$8.35	+32.6%	—	G61188101
TBN	TAMBORAN RES CORP	257,226	$7.004M	0.1%	$21.79	+16.7%	—	87507T101