Baupost Group raises position in eBay in 3Q14
Baupost ups position in eBay The Baupost Group raised its position in eBay Inc. (EBAY) that accounted for 6.01% of the fund’s total third-quarter portfolio. The fund owns 6,096,707 shares, up from 4,436,300 shares in 2Q14. The position was initiated in 2Q14. The stock price is up ~ 9% since the second quarter. JANA Partners, as well […]
Baupost adds to position in Keryx Biopharmaceuticals
Baupost raises position in Keryx Biopharmaceuticals The Baupost Group raised its position in Keryx Biopharmaceuticals (KERX) that accounted for 4.38% of the fund’s total third-quarter portfolio. The fund owns 18,300,000 shares, up from 10,539,986 shares in 2Q14. The position was initiated in 1Q14. The stock price is up ~ 26% year-to-date, as of November 28. Overview of Keryx Biopharmaceuticals […]
Baupost Group starts position in newly spun off Veritiv Corp.
Baupost adds position in Veritiv Corp The Baupost Group added a stake in Veritiv Corporation (VRTV) that accounted for 2.06% of the fund’s total third-quarter portfolio. Overview of Veritiv Corporation Veritiv is a North American business-to-business distribution company with approximately 9,500 team members in more than 170 distribution centers across North America. Its business is organized […]
Baupost Group opens position in Antero Resources in 3Q14
Baupost adds position in Antero Resources The Baupost Group added a stake in Antero Resources Corp. (AR) that accounted for 2.64% of the fund’s total third-quarter portfolio. Overview of Antero Resources Antero Resources Corporation is an independent oil and natural gas company engaged in the exploitation, development, and acquisition of natural gas, NGLs, and oil properties. It […]
The Baupost Group buys stake in Ocwen Financial in 3Q14
Baupost adds position in Ocwen Financial Seth Klarman’s The Baupost Group, LLC, added a significant stake in Ocwen Financial Corp. (OCN) that accounted for 3.19% of the fund’s total third-quarter portfolio. Ocwen Financial Corporation overview Ocwen Financial is a financial services holding company that, through its subsidiaries, is one of the largest mortgage companies in the […]
Overview: Seth Klarman’s Baupost Group position trades in 3Q14
Seth Klarman, of Baupost Group, LLC, is one of the best-performing hedge fund managers of all time. The fund has generated $21.5 billion in returns over its history.