Enigmatic investing legend Seth Klarman runs the Boston-based Baupost Group hedge fund that has around $27 billion in assets under management.
Klarman holds some two dozen stocks in Baupost Group, but recently announced a change in focus. According to HedgeWeek, the billionaire sent a letter to investors announcing he was restructuring the hedge fund to narrowly focus on equities and real estate.
To do so, he made a number of new stock purchases while selling off several others. Here are two of the biggest buys he made and one of his largest sells.
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