Billionaire Seth Klarman heavily invested in three stocks, with largest position in Liberty Global

From Nasdaq: 2024-12-23 09:00:00

Seth Klarman, a successful investor, follows a value approach, aiming to buy stocks below intrinsic value. His Baupost Group fund has seen annual returns of 20% over three decades, with Klarman estimated to have a net worth of $1.3 billion.

Baupost Group manages $28 billion in assets, with 3 stocks making up 43% of its $3.5 billion public equities portfolio. Liberty Global, a telecom company, constitutes 30.3% of the portfolio.

Alphabet, parent company of Google, makes up 7% of Baupost’s capital. Despite facing antitrust concerns from the DOJ, shares have risen over 38% this year.

Dollar General, a discount retailer, has been struggling due to lower-income customer challenges, causing a 46% drop in shares. However, the company is executing expansion plans and trades at 12 times forward earnings.

An analyst team suggests investing in potential high-growth stocks, highlighting past successes like Nvidia, Apple, and Netflix. The team issues “Double Down” alerts for three promising companies.

Alphabet faces antitrust challenges, with a lawsuit potentially leading to the sale of its Chrome browser. Despite risks, experts believe Alphabet remains a strong player in the tech industry.



Read more at Nasdaq: Billionaire Seth Klarman Has 42.8% of His Hedge Fund’s $3.5 Billion Equities Portfolio Invested in Just 3 Stocks