Exited position

Seth Klarman’s Liberty Global Ltd (LBTYA) position

Reported position history, portfolio importance and verified filing changes from public SEC disclosures.

Baupost GroupVerified through Q2 2026
Relationship snapshot

At a glance

The full verified relationship, including prior ownership episodes and exits where supported.

First reportedQ4 2023Earliest verified positive filing snapshot
Latest statusExited positionBased on the latest supported relationship state
Peak shares7.19MHighest verified quarter-end share count
Quarters reported9Verified quarters with shares above zero
What happened?

Baupost Group first reported Liberty Global Ltd in Q4 2023. The reported position was reduced across later filings. The latest verified relationship event shows that Baupost Group sold the entire position in Q1 2026, and the stock is no longer reported in the latest verified portfolio.

Verified SEC history

Position over time

See the same verified relationship through reported shares, portfolio weight or reported value.

Metric

Gaps indicate periods that cannot be safely connected or where a verified corporate action changes the raw share scale. Stock price, when available, is market context and not a transaction price.

Key filing events

What changed

Latest filing plus the most meaningful reported changes. Unchanged quarters are collapsed by default.

Q1 2026
Sold the entire position−2.08M shares · No shares reported at quarter-end
Q4 2025
Sold 59.0% of the position−3.00M shares · 2.08M shares remained
Filing context

Quarter-end price $11.14 · Estimated holding basis $17.77

Q1 2025
Sold 2.4% of the position−124.68K shares · 5.08M shares remained
Filing context

Quarter-end price $11.51 · Estimated holding basis $17.77

Q4 2024
Sold 27.7% of the position−1.99M shares · 5.20M shares remained
Filing context

Quarter-end price $12.76 · Estimated holding basis $17.77

Q4 2023
New position+7.19M shares · 7.19M shares reported
Filing context

Quarter-end price $17.77 · Estimated holding basis $17.77

5 unchanged quarters are collapsed by default.

Portfolio importance

How important was Liberty Global Ltd in Baupost Group’s reported portfolio?

Relative importance is measured only within the verified primary non-option reported portfolio for each quarter.

Last reported portfolio weight0.4%Q4 2025
Last reported rank#21of 22 reported positions
Peak portfolio weight4.3%Q3 2024
Best historical rank#8Q3 2024
At peak importanceQ3 2024
LBTYA
4.3%
Largest holding
26.0%
Cross-investor discovery

Who else owns Liberty Global Ltd?

Also reported by 2 other tracked investors in their latest verified filings.

Explore Liberty Global Ltd across all tracked investors →
SEC evidence & methodology

SEC filing evidence

Market context and filing-derived values are kept separate from actual transaction prices, which 13F filings do not disclose.

Latest verified stock price$9.872026-09-18

Market context only; not an investor transaction price.

Latest verified investor filingQ2 2026 · filed 2026-08-13
Open SEC filing ↗

This tracker follows Baupost Group LLC/MA’s Form 13F disclosures—not Seth Klarman’s personal brokerage account. Form 13F reports quarter-end U.S.-listed positions and certain options, but it does not reveal exact trade dates, execution prices, short positions or the purpose of an option position.