Seth Klarman is one of the more secretive money managers out there so I don’t know what returns Baupost has generated in 2008. Here are some recent stories with his thoughts on current market conditions. Looking at his SEC filing, I see a few interesting moves:
Klarman didn’t open any bold new positions other than $61M [...]
Fairholme Capital, led by Bruce Berkowitz, runs a pretty focused portfolio and I found their most recent filing very interesting:
Berkowitz’s two largest new positions were big stakes in Boeing (BA) and Northrop Grumman (NOC), the win-win US tanker contract trade, if you will. I have both on my watchlist and keep in mind that Berkowitz [...]
Professional money managers have filed their 13F filings for Q3 2008. I will examine them over the weekend and publish my comments next week but submit the spreadsheet links below for readers. Marty Whitman’s filing was slightly incomplete so I substituted David Einhorn for Third Avenue.
Also, if you have a strong case for other [...]
The Wintergreen Fund, managed by David Winters, was fairly steady judging from its 13F filing. My spreadsheet is a little off as it seems some of the CUSP IDs were changed from last quarter so disregard the new positions shown in GLD & CNQ.
Winters opened only 1 new position, eBay. I’ve seen some [...]
In their 13F-HR filing for Q2 2008, Bruce Berkowitz and his cohorts at the Fairholme Fund continue their shift from energy into healthcare:
Seth Klarman’s Baupost Group continues its move into the healthcare sector as evidenced by the latest Q2 13F-HR filing:
