Baupost Group

Q2 2013 13F · by Seth Klarman, portfolio manager

Picture97.7% US stock

Full picture · of what this 13F reports is US stock

First filing on record. Nothing to compare against.

Very concentrated · behaves like 7 equal-sized positions

Turnover · first filing on record


VSATViasat Inc	20.02%	11,000,000	$786M	held	—	new
BPBP p.l.c.	19.77%	18,597,482	$776M	held	—	new
unresolvedTheravance Inc	16.23%	16,538,977	$637M	held	—	new
MUMicron Technology, Inc.	15.14%	41,500,000	$595M	held	—	new
AIGAmerican International Group, Inc.	11.52%	10,120,227	$452M	held	—	new
ROVIRovi Corporation Com Stk (De)	3.58%	6,160,000	$141M	held	—	new
unresolvedIdenix Pharmaceuticals Inc	2.46%	26,767,000	$97M	held	—	new
unresolvedCitigroup Inc	1.89%	94,246,007	$74M	held	—	new
ORCLOracle Corp	1.87%	2,386,890	$73M	held	—	new
unresolvedChipmos Tech Bermuda Ltd	1.36%	2,763,530	$53M	held	—	new
NGNovaGold Resources Inc.	1.17%	21,688,300	$46M	held	—	new
unresolvedSyneron Medical Ltd	0.89%	4,000,000	$35M	held	—	new
YRIYamana Gold Inc	0.79%	3,255,500	$31M	held	—	new
unresolvedAlliance One Intl Inc	0.74%	7,669,969	$29M	held	—	new
CPFCentral Pacific Financial Corporation	0.68%	1,491,731	$27M	held	—	new
ITRNIturan Location and Control Ltd.	0.45%	1,038,342	$18M	held	—	new
ENZNEnzon Pharmaceuticals Inc	0.39%	7,691,453	$15M	held	—	new
unresolvedAmerican Intl Group Inc	0.30%	656,443	$12M	held	—	new
KGCKinross Gold Corporation	0.27%	2,102,700	$11M	held	—	new
AVEOAVEO Pharmaceuticals, Inc.	0.24%	3,829,350	$10M	held	—	new
unresolvedNovacopper Inc	0.22%	5,005,298	$9M	held	—	new
PVGPretium Resources Inc.	0.03%	155,700	$1M	held	—	new