13F filing recap · Q4 2011

What did Baupost Group LLC buy in Q4 2011?

Reported stock-position changes between this filing and the previous one.

Stock value

$3.28B

Positions

Estimated turnover

17.9%

Turnover is a proxy: verified trade-origin share changes valued at period-end and divided by average reported stock value. SEC holdings reports do not disclose execution dates or prices. Corporate actions and unreconciled activity are excluded.

New positions

TRGTTargacept Inc$33.42Mreported value+6.00M shares

Increased positions

NWSTwenty-First Century Fox, Inc.$193.77Mreported value+6.38M shares+148.8%ANVAllied Nevada Gold Corp$121.51Mreported value+512.8K shares+14.7%AVEOAveo Pharmaceuticals Inc$87.46Mreported value+84.7K shares+1.7%NGNovagold Resources Inc.$63.31Mreported value+2.47M shares

Reduced positions

BPBp Plc$512.88Mreported value-1.74M shares-12.7%HPQHP Inc.$483.00Mreported value-2.00M shares-9.6%NWSANews Corporation$268.34Mreported value-6.00M shares-28.5%PDLIPdl Biopharma Inc$49.60Mreported value-7.64M shares

Exited positions

BBEPBreitburn Energy Partners LP$43.50Mprior reported value-2.50M shares-100.0%