Seth Klarman's top holdings (May 2026) include Restaurant Brands International Inc (QSR), a multinational fast-food company.

Seth Klarman is widely recognized as the founder and CEO of The Baupost Group, a private investment partnership based in Boston. His investment philosophy centers on value investing, focusing on identifying securities trading below their intrinsic worth. Klarman is known for his disciplined approach to capital allocation.

Restaurant Brands International Inc (QSR)

Restaurant Brands International operates as a global quick-service restaurant company, owning iconic brands such as Burger King, Tim Hortons, and Popeyes Louisiana Kitchen. The company manages thousands of restaurants worldwide, serving millions of customers daily. Restaurant Brands International has a market capitalization of $26.62 billion, with Seth Klarman's position currently valued at $651.9 million. Analysts have set a price target of $83.86 for the company, and its discounted cash flow analysis suggests a value of $208.75 per share.

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

Anthem Inc (ANTM)

Anthem Inc. operates as a health benefits company, providing a diverse range of health insurance products and services to individuals, families, and employer groups across various states in the United States. Its offerings include medical, dental, vision, life, and disability insurance plans. The company's market cap stands at $114.59 billion, while the current value of Seth Klarman's holding is $612.54 million. Its discounted cash flow valuation indicates a figure of $501.77 per share.

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

Amazon.com Inc. (AMZN)

Amazon.com Inc. is a global technology giant, primarily known for its e-commerce platform and its cloud computing division, Amazon Web Services (AWS). It offers a vast array of products and services, including online retail, digital content, and subscription services, with a significant presence in cloud infrastructure. Amazon boasts a market capitalization of $2.84 trillion, and Seth Klarman's position in it is currently worth $562.3 million. A price target of $284.28 has been established by analysts, and the discounted cash flow for the company is $142.45.

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

Wesco International, Inc. (WCC)

Wesco International, Inc. is a leading provider of business-to-business distribution and supply chain solutions. The company offers electrical, industrial, and communications products, along with comprehensive supply chain management and logistics services to various industries. With a market cap of $15.41 billion, Wesco International is a significant player, and Seth Klarman's holding in the company is currently valued at $495.34 million. Analysts project a price target of $316.0. Its discounted cash flow value is $58.72.

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

Union Pacific Corp. (UNP)

Union Pacific Corp. operates one of the largest freight railroad networks in North America, covering 23 states across the western two-thirds of the United States. The company transports a wide range of goods, including agricultural products, automotive parts, chemicals, and industrial products. Union Pacific's market capitalization is $159.52 billion, and the current value of Seth Klarman's position is $438.51 million. Analysts have a price target of $287.58 for Union Pacific. A discounted cash flow valuation for the company suggests $158.79.

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