Investor: Seth Klarman
Number of Assets: 23
Reported Holdings: $3,496,062,000
Reporting Period: Q1 - 2025
Return Since Report: +$43,915,802
Return Since Report: +1.26%
Company | Position | Activity | Shares | Port. % | Rep. Price | Curr. Price | Rep. Value | Curr. Value | Return Value | Return % |
|---|---|---|---|---|---|---|---|---|---|---|
| Alphabet Inc. (GOOG) | Equity | +45.72% | 2,077,988 | 9.29% | $156.23 | $167.71 | $324,644,000 | $348,499,367 | +$23,855,367 | +7.35% |
| Clarivate PLC (CLVT) | Equity | -70.29% | 10,777,863 | 1.21% | $3.93 | $4.25 | $42,357,000 | $45,805,918 | +$3,448,918 | +8.14% |
| Crh PLC (CRH) | Equity | +2.01% | 2,694,395 | 6.78% | $87.97 | $91.12 | $237,026,000 | $245,513,272 | +$8,487,272 | +3.58% |
| Dollar General Corp. (DG) | Equity | +2.14% | 2,104,876 | 5.29% | $87.93 | $112.57 | $185,082,000 | $236,945,891 | +$51,863,891 | +28.02% |
| Eagle Materials Inc. (EXP) | Equity | +42.53% | 909,633 | 5.77% | $221.93 | $201.32 | $201,875,000 | $183,127,316 | -$18,747,684 | -9.29% |
| Elevance Health Inc. (ELV) | Equity | +100% | 246,000 | 3.06% | $434.96 | $378.96 | $107,000,000 | $93,224,160 | -$13,775,840 | -12.87% |
| Ferguson Enterprises Inc. (FERG) | Equity | 0% | 1,132,000 | 5.19% | $160.23 | $211.36 | $181,380,000 | $239,259,520 | +$57,879,520 | +31.91% |
| Fidelity National Information Services Inc. (FIS) | Equity | +100% | 3,492,947 | 7.46% | $74.68 | $80.14 | $260,853,000 | $279,924,773 | +$19,071,773 | +7.31% |
| GDS Holdings Limited (GDS) | Equity | 0% | 4,249,952 | 3.08% | $25.33 | $24.00 | $107,651,000 | $101,998,848 | -$5,652,152 | -5.25% |
| Herbalife Ltd. (HLF) | Equity | 0% | 7,600,526 | 1.88% | $8.63 | $7.89 | $65,593,000 | $59,968,150 | -$5,624,850 | -8.58% |
| Herbalife Ltd | Bond | 0% | 17,129,000 | 0.42% | $0.87 | N/A | $14,834,000 | N/A | N/A | N/A |
| Icon Public Limited Company (ICLR) | Equity | +100% | 405,000 | 2.03% | $174.99 | $133.76 | $70,871,000 | $54,172,800 | -$16,698,200 | -23.56% |
| Liberty Broadband Corp. (LBRDA) | Equity | 0% | 7,560 | 0.02% | $85.05 | $92.40 | $643,000 | $698,544 | +$55,544 | +8.64% |
| Liberty Broadband Corp. (LBRDK) | Equity | 0% | 170,610 | 0.42% | $85.05 | $93.23 | $14,510,000 | $15,905,970 | +$1,395,970 | +9.62% |
| Liberty Global Ltd. (LBTYA) | Equity | -2.40% | 5,076,762 | 1.67% | $11.51 | $9.65 | $58,434,000 | $48,990,753 | -$9,443,247 | -16.16% |
| Liberty Global Ltd. (LBTYK) | Equity | -37.50% | 24,657,803 | 8.44% | $11.97 | $9.87 | $295,154,000 | $243,372,516 | -$51,781,484 | -17.54% |
| Restaurant Brands International Inc. (QSR) | Equity | +33.94% | 3,886,562 | 7.41% | $66.64 | $71.73 | $259,000,000 | $278,783,092 | +$19,783,092 | +7.64% |
| Solventum Corp. (SOLV) | Equity | -27.18% | 1,053,240 | 2.29% | $76.04 | $74.26 | $80,088,000 | $78,213,602 | -$1,874,398 | -2.34% |
| Tamboran Resources Corp. (TBN) | Equity | 0% | 570,833 | 0.39% | $23.99 | $21.00 | $13,694,000 | $11,987,493 | -$1,706,507 | -12.46% |
| Somnigroup International Inc. (TPX) | Equity | +100% | 703,349 | 1.20% | $59.88 | $59.86 | $42,117,000 | $42,102,471 | -$14,529 | -0.03% |
| Viasat Inc. (VSAT) | Equity | -16.62% | 10,190,728 | 3.04% | $10.42 | $8.89 | $106,187,000 | $90,595,572 | -$15,591,428 | -14.68% |
| Wesco International Inc. (WCC) | Equity | +39.70% | 2,005,601 | 8.91% | $155.30 | $173.18 | $311,470,000 | $347,329,981 | +$35,859,981 | +11.51% |
| Willis Towers Watson Public Limited Company (WTW) | Equity | -16.94% | 1,525,667 | 14.75% | $337.95 | $313.78 | $515,599,000 | $478,723,791 | -$36,875,209 | -7.15% |