Skip to content
DISCOUNT! Back-to-Work Campaign: 50% off Yearly plans through September. Use code YEAR50

Seth Klarman's Baupost Group reduced its WCC position by 54%, from 7.69% to 4.23% of the portfolio.

Now holds 662,881 shares worth $228.98M.
Published · Based on SEC filings

High impact
Major trim
2026 Q2

Seth Klarman's Baupost Group reduced its WESCO International Inc (WCC) position by 54% in 2026 Q2, according to the 13F-HR filed with the SEC on August 13, 2026. The stake went from 1.44M to 663K shares, worth about $229M, and from 7.69% to 4.23% of the reported portfolio.

What did the 2026 Q2 filing report for WCC?

As of June 30, 2026, from the 13F-HR filed August 13, 2026.

Before After
Shares 1.44M 663K
Shares sold -774K (54%)
Reported value $393.2M $229M
Portfolio weight 7.69% 4.23%
Rank in portfolio 9th of 23

How much did Seth Klarman cut WCC?

Seth Klarman sold 774K shares of WCC during 2026 Q2, cutting the stake from 1.44M to 663K. The reported value of the position fell by about $164.2M, from about $393.2M to about $229M.

Where does WCC sit in the Seth Klarman portfolio?

WCC ranks 9th of 23 stock positions in the Seth Klarman portfolio at 4.23%, about the fund's average stock position of 4%. The largest stock position is AMZN at 16.48%. Next come ELV at 9.11% and QSR at 9.04%. The three largest stocks together are 34.62% of the book. The WCC cut was the largest of the quarter's 20 position changes by percent change to portfolio. Across the 2026 Q2 portfolio, Seth Klarman reported 23 stock positions, with 3 opened and 2 closed. The total portfolio value is about $5.4B, up 6% from the prior quarter.

Seth Klarman buys and sells, 2026 Q2

How long has Seth Klarman held WCC?

Seth Klarman first reported WCC in the quarter ended March 31, 2024. The weight peaked at 9.9% in 2025 Q2. Last quarter the fund had added to it by 1%. Every reported trade is on the Seth Klarman WCC trade history page.

Seth Klarman shares of WCC by quarter

Did other funds buy or sell WCC in 2026 Q2?

Among the other tracked funds that had filed for 2026 Q2 as of August 13, 2026, 2 hold WCC. Of those, 2 trimmed the position this quarter and none added. The largest sellers were Richard Pzena, Third Avenue Management and Robert Olstein. Every tracked holder of WCC is on the WCC ownership page.

FAQ

How many WCC shares did Seth Klarman sell in 2026 Q2?

Seth Klarman sold 774K shares of WCC, 54% of the position, leaving 663K shares.

What remains of the WCC position of Seth Klarman?

Seth Klarman still holds 663K shares of WCC, worth about $229M at June 30, 2026 prices.

How much of the Seth Klarman portfolio is WCC now?

WCC is 4.23% of the Seth Klarman portfolio, down from 7.69% a quarter earlier.

Did other funds trim WCC in 2026 Q2?

Among the 2 other tracked funds that hold WCC, 2 trimmed it in 2026 Q2 and none added to it.

Source: based on original SEC filings

Figures are from the fund's 13F, which lists long US-listed positions at quarter-end prices. Cash, short positions and most non-US holdings are not reported.
Stocks mentioned
Amelia Ingram
Amelia Ingram
Valuesider analyst