EHAB - Seth Klarman's Baupost adds Lithia Motors FIS exits Intel NexStar Grab in Q3

November, 14 2022 06:50 PM Enhabit Inc.

Baupost Group took new holdings in Lithia Motors ( NYSE: LAD ), Fidelity National Information Services ( NYSE: FIS ), and Enhabit ( NYSE: EHAB ) in Q3, while exiting stakes in Intel ( NASDAQ: INTC ), NexStar Media ( NASDAQ: NXST ), Grab Holdings ( NASDAQ: GRAB ) and Bellring Brands ( NYSE: BRBR ), according to the firm's 13F filing for Q3 2022.
The investment firm, headed by Seth Klarman, increased its stakes in Willis Towers Watson ( NASDAQ: WTW ) to ~1.29M shares from 927K, Micron Technology ( NASDAQ: MU ) to~3.29M shares from ~2.74M, and Gray Television ( NYSE: GTN ) to 3.26M from 2.26M.
It also reduced its holdings in Liberty Global ( NASDAQ: LBTYK ) class C shares to 47.9M shares from 48.4M, Qorvo ( NASDAQ: QRVO ) to 6.78M shares from 6.97M, and Veritiv ( NYSE: VRTV ) to 3.44M shares from 3.56M shares, among others.
In June, Klarman's Baupost disclosed that it increased its stake in DigitalBridge Group to 5% .

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