13F filing recap · Q2 2016

What did Baupost Group LLC buy in Q2 2016?

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

Stock value

$7.33B

Positions

Estimated turnover

16.2%

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

CCitigroup Inc$219.03Mreported value+5.17M shares QRTEALiberty Ventures Series A$91.55Mreported value+2.47M shares CARAvis Budget Group, Inc.$57.60Mreported value+1.79M shares BATRKAtlanta Braves Holdings, Inc.$43.89Mreported value+2.99M shares SRAQSilver Run Acquisition Corporation II$36.75Mreported value+3.75M shares CASCCascadian Therapeutics Inc$23.58Mreported value+25.00M shares CACCCredit Acceptance Corp$18.51Mreported value+100.0K shares OZMOch-Ziff Capital Management Group LLC (sculptor Capital Management)$12.82Mreported value+3.37M shares BATRALiberty Media Corporation$12.03Mreported value+800.0K shares SRAQSilver Run Acquisition Corporation II$1.43Mreported value+1.25M shares

Increased positions

EMCEmc Corp$1.55Breported value+5.11M shares+9.9%AGNAllergan Plc$462.64Mreported value+280.4K shares+16.3%TBPHTheravance Biopharma, Inc.$166.79Mreported value+850.0K shares+13.1%AIG WSAmerican International Group, Inc.$47.68Mreported value+426.4K shares

Reduced positions

ARAntero Resources Corporation$376.86Mreported value-7.00M shares-32.5%PYPLPayPal Holdings, Inc.$206.80Mreported value-1.40M shares-19.8%INVAInnoviva, Inc.$185.43Mreported value-2.21M shares-11.1%NGNovagold Resources Inc.$58.14Mreported value-5.50M shares

Exited positions

SRUNUSilver Run Acquisition Corporation II$38.81Mprior reported value-3.75M shares-100.0%BITIBiotie Therapies Oyj$36.81Mprior reported value-1.40M shares-100.0%LQLa Quinta Holdings Inc$13.89Mprior reported value-1.11M shares-100.0%BXEBellatrix Exploration Ltd$8.74Mprior reported value