Seth Klarman
Baupost Group
Seth Klarman Norwegian Cruise Line Holdings Ltd stake
total: 272
Baupost Group NCLH trades
- Total transactions:
- 2
- New positions:
- 1
- Added:
- 1
- Held since:
- 2026 Q1
- Held for:
- 2 quarters
- Latest activity:
- 2026 Q2
According to 2026 Q2 report, Seth Klarman holds 7,730,000 Norwegian Cruise Line Holdings Ltd (NCLH) shares with a market value of roughly $163.18M accounting for 3.01% of the overall portfolio. To date, the estimated cost basis is nearly $19.98 for "buy" trades. Baupost Group first purchased NCLH in 2026 Q1, initially acquiring about 3.63M shares. Since the initial investment in Norwegian Cruise Line Holdings Ltd (NCLH), Baupost Group has made 1 more transaction.
When did Seth Klarman buy Norwegian Cruise Line Holdings Ltd (NCLH)?
Seth Klarman first invested in Norwegian Cruise Line Holdings Ltd (NCLH) in 2026 Q1 at the reported quarter-end price of $18.70 per share.
What's the cost basis of Baupost Group's NCLH stake?
The estimated cost basis for Norwegian Cruise Line Holdings Ltd (NCLH) stake is around $19.98 per share. This represents their average reported price* across all buy transactions
Estimated cost basis*
- Weighted AVG buy price:
- $19.98
Seth Klarman's historical trades in Norwegian Cruise Line Holdings Ltd
2 results
| Period |
% of portfolio |
Shares held after* |
Reported price* |
Value* |
% (shares) of activity |
% change to portfolio |
|---|---|---|---|---|---|---|
|
2026 Q2
|
3.01%
|
7,730,000
|
$21.11
|
$163,180,000
|
+112.95% (+4,100,000)
|
+1.6%
|
|
2026 Q1
|
1.33%
|
3,630,000
|
$18.70
|
$67,881,000
|
new
|
+1.33%
|
* 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.
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.