Seth Klarman
Klarman reshuffled Q2 2026 holdings: added AMZN & GOOG, opened CME & PS, trimmed LBTYA for 4th quarter
- Added to GPC for a 4th consecutive quarter
- Trimmed LBTYA for a 4th consecutive quarter
- Added $242.8k to AMZN
Sources & details
Windowpast 90 days · 10 events · ending Sep 11, 2026
DetailAdded to GPC for a 4th consecutive quarter (+1.3M shares in 2026-Q2) · Trimmed LBTYA for a 4th consecutive quarter (−4.9M shares in 2026-Q2) · Added $242.8k to AMZN — 4% of portfolio, +20% QoQ · Added $174.6k to GPC — 3% of portfolio, +89% QoQ · Added $145.9k to GOOG — 3% of portfolio, +16% QoQ
Full summary
Klarman disclosed a broad rebalancing in his Q2 2026 quarterly filing, with the largest moves concentrated in mega-cap tech and financial infrastructure. He added $242.8k to AMZN (≈4% of disclosed book, +20% QoQ) and $145.9k to GOOG (≈3% of disclosed book, +16% QoQ), signaling continued conviction in large-cap technology. Simultaneously, he opened new positions in CME (≈3% of disclosed book, 619.0k shares) and PS (≈<1% of disclosed book, 392.0k shares), broadening exposure to exchange and financial services infrastructure. On the reduction side, Klarman trimmed LBTYA for a 4th consecutive quarter (−4.9M shares in 2026-Q2, ≈1% of disclosed book, −36% QoQ), marking a sustained pullback from the media and entertainment holding. He also added to GPC for a 4th consecutive quarter (+1.3M shares in 2026-Q2, ≈3% of disclosed book, +89% QoQ), reinforcing his position in the industrial distributor. Smaller trims touched TFX, AON, DNOW, and COLD, while a largest reduction in WTW on record with us — −$259.6k (since 2025-Q2) — signaled a material exit from the insurance broker. The window reflects a deliberate reshuffling toward large-cap tech and financial infrastructure while systematically reducing exposure to media, specialty services, and select insurance names.
Underlying filings
- Institutional holdingSeth KlarmanJun 30, 2026Added to GPC · +1.3M shares · +$174.6k
- Institutional holdingSeth KlarmanJun 30, 2026Trimmed TFX · −186.0k shares · −$12.2k
- Institutional holdingSeth KlarmanJun 30, 2026Trimmed LBTYA · −4.9M shares · −$63.2k
- Institutional holdingSeth KlarmanJun 30, 2026Opened position in PS · 392.0k shares · $12.9k
- Institutional holdingSeth KlarmanJun 30, 2026Added to GOOG · +190.8k shares · +$145.9k
- Institutional holdingSeth KlarmanJun 30, 2026Trimmed AON · −82.0k shares · −$20.3k
- Institutional holdingSeth KlarmanJun 30, 2026Opened position in CME · 619.0k shares · $136.7k
- Institutional holdingSeth KlarmanJun 30, 2026Trimmed DNOW · −837.0k shares · −$7.0k
- Institutional holdingSeth KlarmanJun 30, 2026Added to AMZN · +625.1k shares · +$242.8k
- Institutional holdingSeth KlarmanJun 30, 2026Trimmed COLD · −950.6k shares · +$18.2k
Source10 citations →
GeneratedSep 11, 2026
NoteAuto-generated summary · not investment advice · verify before acting.