Seth Klarman’s Baupost made some notable changes to its portfolio in the second quarter. According to the hedge fund’s latest 13F report, Baupost continued to sell down some of its most significant holdings, although it also boosted and acquired some more minor positions.
More importantly, Baupost’s latest 13F shows the hedge fund has continued to reduce its equity exposure, which seems to suggest Klarman is positioning for further market turbulence.
Q2 2023 hedge fund letters, conferences and more
Baupost Reduces Its Exposure
One of the...
