Baupost Group's Q2 Moves: Increased Stakes in Alphabet and Dollar General.

Billionaire investor Seth Klarman's Baupost Group increased its stakes in Alphabet and Dollar General in Q2 2025, according to the latest 13F filing. Other moves included by Baupost during the quarter were not disclosed.

Billionaire investor Seth Klarman's Baupost Group has significantly increased its stakes in Alphabet (NASDAQ:GOOGL)(NASDAQ:GOOG) and Dollar General (NYSE:DG) during the second quarter of 2025, according to the latest 13F filing. The fund disclosed that it raised its position in Alphabet's class C stock by 26.8% to 2.63 million shares, and it also added to its position in Dollar General by 26.7% to 2.67 million shares. These moves are part of a broader trend where Baupost has been actively investing in technology and consumer staples sectors.

The latest 13F filing, published on Wednesday, provides a snapshot of Baupost's holdings as of June 30, 2025. The fund's increase in Alphabet and Dollar General stakes aligns with its long-term strategy of investing in companies with strong fundamentals and growth prospects. Baupost's moves in these stocks reflect the fund's confidence in the future performance of these companies.

Baupost's investment in Alphabet and Dollar General is part of a broader trend of hedge fund activity in the technology and consumer staples sectors. According to Quiver Quantitative, a total of 486 institutional investors added shares of Alphabet stock to their portfolios in the most recent quarter, while 544 decreased their positions. Similarly, 486 institutional investors added shares of Dollar General stock to their portfolios, while 544 decreased their positions. These figures highlight the significant interest in these stocks among institutional investors.

The increase in Baupost's stakes in Alphabet and Dollar General follows a series of positive analyst ratings and price targets for these stocks. Wall Street analysts have issued several buy ratings and price targets for Alphabet and Dollar General, indicating a positive outlook for these companies. For instance, RBC Capital issued an "Outperform" rating on Alphabet, and Citigroup issued a "Buy" rating on Dollar General.

In addition to its increased stakes in Alphabet and Dollar General, Baupost also added new stakes in managed care player Elevance Health (ELV), packaging solutions provider Amcor (AMCR), and fintech Fiserv (FI). The fund exited its stakes in Clarivate (CLVT) and Solventum (SOLV), indicating a focus on companies with strong growth prospects.

Overall, Baupost's investment in Alphabet and Dollar General reflects the fund's strategy of investing in companies with strong fundamentals and growth prospects. The latest 13F filing provides a snapshot of Baupost's holdings as of June 30, 2025, and highlights the fund's continued interest in the technology and consumer staples sectors.

References:

[1] https://www.quiverquant.com/news/Fund+Update%3A+River+Road+Asset+Management%2C+LLC+opened+a+%2440.1M+position+in+FIS+stock
[2] https://seekingalpha.com/news/4485044-seth-klarmans-baupost-ups-stake-in-alphabet-dollar-general-among-q2-moves
[3] https://finviz.com/quote.ashx?t=VSAT