Seth Klarman

Seth Klarman’s Baupost Doubles Down On PG&E Bet

According to Baupost's third 13F filing, the Boston based hedge fund, which manages around $30 billion for clients, increased its position in Californian utility supplier PG&E Corp by more than 320% in the quarter to just under 19 million shares. At a price of $46 per share at the time the 13F was published, the stake was worth approximately $870 million.

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