Seth Klarman is one of the few millionaires on Wall Street who has attained “cult hero” status. His personal net worth is estimated to be about $1.5 billion. In 2021, his Baupost Group hedge fund had a portfolio worth about $10.8 billion. Alphabet Inc., Intel Corporation, and Micron Technology were among the top stocks in Baupost Group at the end of September. Because of his “risk-averse” investing philosophy, Klarman has been likened to Warren Buffett.
Here is Insider Monkey’s list of the 10 value stocks to buy according to billionaire Seth Klarman. Shaw Communications Inc. just issued a $0.0985 per share quarterly dividend, consistent with past years. 4.06 percent was the forward yield. Baupost Group owned 7.5 million shares worth $218 million at the end of the third quarter of 2021. Willis Towers Watson Public Limited Company is a brokerage firm that specializes in insurance. First Eagle Investment Management is the largest stakeholder with 4.7 million shares worth more than $1.1 billion. At the end of the third quarter of 2021, Baupost Group owned 3.5 million Garrett Motion Inc. shares worth $26.3 million, or 0.24 percent of the company’s market value. Earlier this year, the business stated that it would be building a manufacturing facility in China. According to the most recent data, Baupost Group owned 2 million shares of Nexstar Media Group, Inc. worth $310 million at the end of the third quarter of 2021, accounting for 2.85 percent of the company’s market value. At the end of September 2021, Baupost Group owned 3.5 million shares of Veritiv Corporation worth $319 million, or 2.93 percent of the company’s market value. Over the last year, the company’s stock has returned more than 612 percent to investors. For more details, click 10 Value Stocks To Buy According To Billionaire Seth Klarman.