Baupost Returns Not 60% Year To Date

Hedge fund Baupost is up 60 percent in its roughly $4 billion stock portfolio, points out an article in Gurufocus, but that might not tell the whole story. Sources intimate with Seth Klarman’s operation indicate the hedge fund overall is actually in single digits through the first quarter. Baupost manages over $27 billion in assets, making it among the largest hedge funds in the world – its highly touted $4 billion stock portfolio is but a percentage of its overall holdings. Like this story? Sign up for our free daily newsletter and get free articles like this delivered sent straight to…