Baupost Cuts Liberty Global Stake by 59% in Fourth Quarter
Baupost Group cut its Liberty Global stake by 59% in Q4, making it one of the fund’s largest portfolio reductions. Liberty Global ranked among the top five share decreases for the quarter as Baupost boosted positions in Amazon and Fiserv.
1. Q4 Stake Reduction
In the fourth quarter, Baupost Group trimmed its Liberty Global position by 59%, ranking it among the largest share reductions in the portfolio. This significant cut reflects a strategic shift away from cable and telecom exposure within the fund’s 13F filing.
2. Portfolio Realignment
Alongside the Liberty Global reduction, Baupost increased its Amazon position to 2,121,391 shares and boosted Fiserv holdings by 146%. The fund also fully exited PagSeguro Digital and reduced stakes in CRH Plc and Alphabet Class C during the quarter.
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