Seth Klarman’s Baupost hedge fund added Amazon (AMZN), exited its stake in Restaurant Brands International, and increased its holdings in Union Pacific (UNP), among other Q4 tradings disclosed in its 13 filing.
The fund added 2.12M shares of Amazon (AMNZ) valued at $489.7M, 625K shares of Molina Healthcare (MOH) ($108.5M), and 4.86M shares of Grupo Aeromexico (AERO) ($106.6M).
It closed its holdings in Restaurant Brands International (QSR).
The firm increased its holdings in Union Pacific (UNP) to 1.63M shares ($376.4M) from 1.50M shares in the prior quarter; Fidelity National Information (FIS) to 4.50M ($299.3M) shares from 3.79M; and Fiserv (FI) to 2.20M shares ($147.8M) from 895K shares.
During the quarter, Baupost reduced its stakes in Alphabet (GOOG) class C shares to 1.09M shares ($341.2M) from 1.86M shares; CRH (CRH) to 1.08M shares ($113.9M) from 3.83M shares; and Liberty Global (LBTYA) class A shares to 2.08M ($23.2M) from 5.08M shares, among others, according to the filing.