Seth Klarman's top holdings (July 2026) include Amazon.com Inc. (AMZN), a global leader in e-commerce, cloud computing services, and digital streaming technology.

Seth Klarman is the chief executive officer and portfolio manager of the Boston-based investment firm Baupost Group. He is known for his value-oriented investment philosophy and is the author of "Margin of Safety," a book focusing on risk-aversion and fundamental analysis.

Amazon.com Inc. (AMZN)

Amazon operates as a multinational technology company with core businesses in online retail, artificial intelligence, and cloud infrastructure through Amazon Web Services (AWS). The company serves a global customer base and provides fulfillment and logistics services to third-party sellers. Amazon.com Inc. has a market capitalization of $2.5T, with Seth Klarman's position currently valued at $743.32M. Analysts have set a price target of $315.23 for the company, while a discounted cash flow analysis suggests a value of $79.24 per share.

Here's an overview of Seth Klarman's trades in Amazon.com Inc.:

Anthem Inc (ANTM)

Anthem Inc. is a health insurance provider that offers various medical and specialty insurance products through its affiliated health plans. It provides coverage for individuals, employers, and participants in government-sponsored programs like Medicare and Medicaid. The company's market cap stands at $114.59B, while the current value of Seth Klarman's holding is $615.36M. The company's discounted cash flow analysis suggests a value of $501.77 per share.

Here's an overview of Seth Klarman's trades in Anthem Inc:

Restaurant Brands International Inc (QSR)

Restaurant Brands International Inc. is a holding company for major global quick-service restaurant brands including Burger King, Popeyes, and Tim Hortons. It manages a network of thousands of franchised locations worldwide, focusing on food service and brand management. This holding in Seth Klarman's portfolio is currently worth $585.81M. The firm's market capitalization is $25.79B, and the discounted cash flow value for the company is $208.75, while analysts have set a price target of $85.2.

Here's an overview of Seth Klarman's trades in Restaurant Brands International Inc:

Wesco International, Inc. (WCC)

Wesco International provides business-to-business distribution, logistics, and supply chain solutions to industrial and commercial customers. The company specializes in sectors such as communications, electrical utility, and security infrastructure. Wesco International, Inc. maintains a market cap of $16.92B, and the current value of Seth Klarman's position is $496.34M. Professional analysts have assigned a price target of $392.86 for the company, and its discounted cash flow value is listed at $40.92.

Here's an overview of Seth Klarman's trades in Wesco International, Inc.:

Union Pacific Corp. (UNP)

Union Pacific Corporation operates one of the largest freight railroad networks in North America, connecting major West Coast and Gulf Coast ports. Its operations involve the transport of agricultural products, automotive parts, and industrial materials across thousands of miles of track. The position is currently valued at $419.15M in Seth Klarman's portfolio. Union Pacific Corp. has a market cap of $159.32B, with a discounted cash flow value of $149.6 per share and an analyst price target of $293.91.

Here's an overview of Seth Klarman's trades in Union Pacific Corp.: