The Baupost Group Buys Nuance Communications Inc, Translate Bio Inc, Nexstar Media Group Inc, Sells Allergan PLC, eBay Inc, Qorvo Inc

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Nov 13, 2019
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Investment company The Baupost Group (Current Portfolio) buys Nuance Communications Inc, Translate Bio Inc, Nexstar Media Group Inc, Vista Oil & Gas SAB de CV, Cars.com Inc, sells Allergan PLC, eBay Inc, Qorvo Inc, McKesson Corp, Synchrony Financial during the 3-months ended 2019Q3, according to the most recent filings of the investment company, The Baupost Group. As of 2019Q3, The Baupost Group owns 31 stocks with a total value of $8.5 billion. These are the details of the buys and sells.

For the details of Seth Klarman's stock buys and sells, go to https://www.gurufocus.com/guru/seth+klarman/current-portfolio/portfolio

These are the top 5 holdings of Seth Klarman
  1. Liberty Global PLC (LBTYK) - 43,958,295 shares, 12.30% of the total portfolio. Shares added by 4.82%
  2. Viasat Inc (VSAT) - 13,732,068 shares, 12.17% of the total portfolio.
  3. Fox Corp (FOXA) - 27,322,720 shares, 10.14% of the total portfolio.
  4. eBay Inc (EBAY) - 16,646,000 shares, 7.63% of the total portfolio. Shares reduced by 31.06%
  5. Cheniere Energy Inc (LNG) - 10,139,133 shares, 7.52% of the total portfolio. Shares reduced by 5.01%
New Purchase: Nuance Communications Inc (NUAN)

The Baupost Group initiated holding in Nuance Communications Inc. The purchase prices were between $13.14 and $15.39, with an estimated average price of $14.37. The stock is now traded at around $16.35. The impact to a portfolio due to this purchase was 1.4%. The holding were 8,245,456 shares as of .

New Purchase: Vista Oil & Gas SAB de CV (VIST)

The Baupost Group initiated holding in Vista Oil & Gas SAB de CV. The purchase prices were between $4 and $10.1, with an estimated average price of $6.2. The stock is now traded at around $5.29. The impact to a portfolio due to this purchase was 0.38%. The holding were 6,175,000 shares as of .

New Purchase: Cars.com Inc (CARS)

The Baupost Group initiated holding in Cars.com Inc. The purchase prices were between $8.28 and $21.68, with an estimated average price of $13.54. The stock is now traded at around $12.08. The impact to a portfolio due to this purchase was 0.32%. The holding were 3,000,000 shares as of .

Added: Translate Bio Inc (TBIO)

The Baupost Group added to a holding in Translate Bio Inc by 98.37%. The purchase prices were between $7.94 and $12.09, with an estimated average price of $9.47. The stock is now traded at around $9.31. The impact to a portfolio due to this purchase was 1.01%. The holding were 17,544,239 shares as of .

Added: Nexstar Media Group Inc (NXST)

The Baupost Group added to a holding in Nexstar Media Group Inc by 43.09%. The purchase prices were between $91.24 and $110.42, with an estimated average price of $101.26. The stock is now traded at around $102.42. The impact to a portfolio due to this purchase was 0.73%. The holding were 2,000,000 shares as of .

Sold Out: Allergan PLC (AGN)

The Baupost Group sold out a holding in Allergan PLC. The sale prices were between $156.34 and $169.61, with an estimated average price of $162.97.

Sold Out: XPO Logistics Inc (XPO)

The Baupost Group sold out a holding in XPO Logistics Inc. The sale prices were between $54.63 and $75.42, with an estimated average price of $66.78.

Sold Out: Sinclair Broadcast Group Inc (SBGI)

The Baupost Group sold out a holding in Sinclair Broadcast Group Inc. The sale prices were between $41.81 and $59.2, with an estimated average price of $48.49.

Reduced: eBay Inc (EBAY)

The Baupost Group reduced to a holding in eBay Inc by 31.06%. The sale prices were between $38.37 and $41.57, with an estimated average price of $40.11. The stock is now traded at around $34.65. The impact to a portfolio due to this sale was -2.76%. The Baupost Group still held 16,646,000 shares as of .

Reduced: Qorvo Inc (QRVO)

The Baupost Group reduced to a holding in Qorvo Inc by 34.56%. The sale prices were between $68.15 and $77.8, with an estimated average price of $72.59. The stock is now traded at around $103.90. The impact to a portfolio due to this sale was -1.86%. The Baupost Group still held 5,681,181 shares as of .

Reduced: McKesson Corp (MCK)

The Baupost Group reduced to a holding in McKesson Corp by 49.67%. The sale prices were between $134.24 and $148.53, with an estimated average price of $141.77. The stock is now traded at around $145.73. The impact to a portfolio due to this sale was -1.61%. The Baupost Group still held 1,306,011 shares as of .

Reduced: Synchrony Financial (SYF)

The Baupost Group reduced to a holding in Synchrony Financial by 45.96%. The sale prices were between $31.39 and $36.6, with an estimated average price of $34.28. The stock is now traded at around $36.56. The impact to a portfolio due to this sale was -1.37%. The Baupost Group still held 5,003,981 shares as of .

Reduced: Bristol-Myers Squibb Company (BMY)

The Baupost Group reduced to a holding in Bristol-Myers Squibb Company by 23.08%. The sale prices were between $42.77 and $50.71, with an estimated average price of $47.01. The stock is now traded at around $58.79. The impact to a portfolio due to this sale was -1.27%. The Baupost Group still held 10,000,000 shares as of .

Reduced: AmerisourceBergen Corp (ABC)

The Baupost Group reduced to a holding in AmerisourceBergen Corp by 47.33%. The sale prices were between $80.94 and $91.7, with an estimated average price of $85.93. The stock is now traded at around $86.10. The impact to a portfolio due to this sale was -0.83%. The Baupost Group still held 1,166,299 shares as of .



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