Willis Towers Watson PLC (WTW) is gone from Seth Klarman's Baupost Group portfolio as of June 30, 2026, according to the 13F-HR filed with the SEC on August 13, 2026. A quarter earlier the position was 893K shares worth about $259.6M, or 5.08% of the reported book. WTW had been in the portfolio for about 5 years, since the quarter ended March 31, 2021.
What did the 2026 Q2 filing report for WTW?
As of June 30, 2026, from the 13F-HR filed August 13, 2026.
| Before | After | |
|---|---|---|
| Shares | 893K | 0 |
| Reported value | $259.6M | $0 |
| Portfolio weight | 5.08% | 0% |
| Held since | 2021 Q1 | sold out in 2026 Q2 |
| Quarters held | 21 |
What did Seth Klarman sell?
Seth Klarman sold 893K shares of WTW between the quarter ended March 31, 2026 and June 30, 2026. The WTW exit was the 2nd largest of the quarter's 20 position changes by percent change to portfolio.
Where does WTW sit in the Seth Klarman portfolio?
Before the sale, WTW carried 5.08% of the Seth Klarman portfolio, 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. 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.
How long has Seth Klarman held WTW?
Seth Klarman held WTW for about 5 years, from the quarter ended March 31, 2021 to March 31, 2026. The weight peaked at 16.75% in 2024 Q4. Last quarter the fund had already cut the position by 34%, so the exit finishes a two-quarter unwind. Every reported trade is on the Seth Klarman WTW trade history page.
Did other funds buy or sell WTW in 2026 Q2?
Among the other tracked funds that had filed for 2026 Q2 as of August 13, 2026, 4 still hold WTW. One other tracked fund sold out of it this quarter as well. The largest buyer of WTW this quarter was Dodge & Cox Stock Fund. The largest sellers were Parnassus Endeavor Fund, Robert Olstein and Polen Capital Management. Every tracked holder of WTW is on the WTW ownership page.
FAQ
How many WTW shares did Seth Klarman sell?
Seth Klarman sold all 893K shares of WTW it reported a quarter earlier, worth about $259.6M.
When did Seth Klarman first buy WTW?
Seth Klarman first reported WTW in the quarter ended March 31, 2021.
How much of the Seth Klarman portfolio was WTW?
WTW was 5.08% of the Seth Klarman portfolio at the prior quarter-end, and 0% after the sale.
Did other funds sell WTW in 2026 Q2?
One other tracked fund sold out of WTW in 2026 Q2 and 2 trimmed it; 4 still hold it.