Seth Klarman’s Baupost makes Amazon top holding, starts Aon and Visa stakes
CNBC Top News ·
Seth Klarman's Baupost Group continued searching for opportunities amid elevated valuations tied to the AI-driven rally in U.S. …
Seth Klarman's Baupost Group continued searching for opportunities amid elevated valuations tied to the AI-driven rally in U.S. stocks, hiking its stake in Amazon and adding new picks including Aon and Visa . The hedge fund, with more than $20 billion in assets , boosted its stake in Amazon by 47% in the first quarter, making the e-commerce and cloud-computing giant the hedge fund's largest disclosed U.S. equity holding at the end of March, according to a new regulatory filing. …
Original source: CNBC Top News