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User

Seth Klarman

Baupost Group

Seth Klarman HERBALIFE LTD stake

total: 272

Baupost Group HLF trades

Total transactions:
9
New positions:
1
Added:
5
Reduced:
3
Held since:
2022 Q4
Held for:
15 quarters
Latest activity:
2025 Q4
According to 2026 Q2 report, Seth Klarman holds 9,259,844 HERBALIFE LTD (HLF) shares with a market value of roughly $121.77M accounting for 2.25% of the overall portfolio. To date, the estimated cost basis is nearly $10.71 for "buy" trades and estimated average "sell" price is $14.35. Baupost Group first purchased HLF in 2022 Q4, initially acquiring about 2.00M shares. Since the initial investment in HERBALIFE LTD (HLF), Baupost Group has made 8 more transactions.

How many HLF shares does Seth Klarman currently hold?

According to 2026 Q2 report, Seth Klarman holds 9,259,844 shares of HERBALIFE LTD (HLF), valued at around $121.77M.

When did Seth Klarman buy HERBALIFE LTD (HLF)?

Seth Klarman first invested in HERBALIFE LTD (HLF) in 2022 Q4 at the reported quarter-end price of $14.88 per share.

What's the cost basis of Baupost Group's HLF stake?

The estimated cost basis for HERBALIFE LTD (HLF) stake is around $10.71 per share. This represents their average reported price* across all buy transactions

Estimated cost basis*

Weighted AVG buy price:
$10.71
Weighted AVG sell price:
$14.35

Seth Klarman's historical trades in HERBALIFE LTD

9 results
Period % of
portfolio
Shares
held after*
Reported
price*
Value* % (shares)
of activity
% change
to portfolio
2025 Q4
2.26%
9,259,844
$12.89
$119,359,000
+19.33% (+1,500,000)
+0.37%
2025 Q2
1.62%
7,759,844
$8.62
$66,890,000
+2.10% (+159,318)
+0.03%
2024 Q4
1.48%
7,600,526
$6.69
$50,848,000
+48.32% (+2,476,000)
+0.48%
2024 Q2
1.47%
5,124,526
$10.39
$53,244,000
+128.27% (+2,879,603)
+0.82%
2024 Q1
0.62%
2,244,923
$10.05
$22,561,000
+33.64% (+565,124)
+0.16%
2023 Q4
0.56%
1,679,799
$15.26
$25,634,000
-0.80% (-13,546)
-0%
2023 Q3
0.45%
1,693,345
$13.99
$23,690,000
-13.35% (-260,855)
-0.06%
2023 Q1
0.54%
1,954,200
$16.10
$31,463,000
-2.29% (-45,800)
-0.01%
2022 Q4
0.49%
2,000,000
$14.88
$29,760,000
new
+0.49%
* Shares, change to shares, sold shares, shares held after: split-adjusted.
* Reported price: this doesn't represent the actual buy or sell price. It is the split-adjusted price of the security as of the last day of the reported period.
If the security is completely sold out, we show the reported split-adjusted price prior to the actual period.
* Estimated cost basis: based on "Reported price*" (not earlier than 2013 Q2). Calculation starts from the latest "new buy" activity to the latest "close out" activity (if any).
* Value or Price: If the security is completely sold out, we show the reported value (or price) prior to the actual period.
* New buy or own: this means there is no earlier reporting (for us or in general). So we can't know if the actual purchase of the security happened at the reported period or earlier.