Seth Klarman's Baupost exits eBay, adds Fiserv, NortonLifeLock
Scott Olson/Getty Images News


Seth Klarman's Baupost fund took new positions in Fiserv (NASDAQ:FISV) with 3.05M shares, NortonLifeLock (NASDAQ:NLOK) with 5.78M shares, and Encompass Health (NYSE:EHC) with 716K shares during Q4 2021, according to its 13F filing.
Closed out positions in eBay (NASDAQ:EBAY), Shaw Communications (NYSE:SJR), and International Flavors & Fragrances (NYSE:IFF).

Increased stakes in Qorvo (NASDAQ:QRVO) to ~5.95M shares from 5.08M shares and Willis Towers Watson (NASDAQ:WTW) to 1.25M shares from 1.00M shares
Decreased holdings in Micron Technology (NASDAQ:MU) to 3.25M shares from 7.16M shares and Meta (NASDAQ:FB) to ~985K shares from ~1.55M shares.
In Q3, Baupost trimmed eBay (EBAY) and Intel (NASDAQ:INTC) stakes, while adding Theravance Biopharma (NASDAQ:TBPH) and Verint (NASDAQ:VRNT)