塞斯·卡拉曼
Seth Klarman
《安全边际》作者，Baupost 集团创始人。极度注重下行保护，长期保持大量现金仓位等待机会。
持仓数量 Holdings
25
管理规模 AUM
$27B
做多 Long
23
做空/对冲 Short
0
组合收益 Portfolio Returns
组合收益说明 Portfolio Return Methodology: 收益涨幅基于假设虚拟净值计算。收益涨幅 = (最新虚拟净值 - X周期前虚拟净值) / X周期前虚拟净值 × 100%。 组合虚拟净值 = 成份标的的虚拟持仓净值之和。成份标的虚拟持仓净值 = 成份标的持有份额 × 前复权收盘价格。 加权回报率基于 SEC 13F 披露的加权平均成本价 vs 当前市价，按持仓占比加权。 数据每个交易日盘后更新。组合调仓（季度 13F 披露）时重新计算份额。 收益涨幅仅供参考，不代表对未来收益的预测与保证，也不构成任何投资建议。
🏆 最赚钱持仓 Top Winners
🔔 重要信号 Key Signals2026年第2季度
持仓分布 Portfolio Allocation2026年第2季度
完整持仓 Full Holdings
共 25 个持仓，此处按组合权重显示前 23 个Showing top 23 of 25 by weight
| # | 方向 | 股票 Ticker | 类型 Type | 买入均价 | 当前价 | 收益率 | 占比 % | |
|---|---|---|---|---|---|---|---|---|
| 1 | 🟢 | AMAZON | Share | $229.79 | $265.84 | +15.7% | 16.5% | 加仓 |
| 2 | 🟢 | ELEVANCE HEALTH | Share | $352.35 | $410.95 | +13.1% | 9.1% | 加仓 |
| 3 | 🟢 | RESTAURANT BRANDS INTERNATIONAL | Share | $66.76 | $73.30 | +15.5% | 9.0% | 加仓 |
| 4 | 🟢 | ALPHABET | Share | $163.90 | $345.84 | +108.5% | 8.9% | 减仓 |
| 5 | 🟢 | FERGUSON | Share | $209.04 | $223.22 | +16.3% | 6.4% | 加仓 |
| 6 | 🟢 | GENUINE PARTS | Share | $119.93 | $134.54 | +12.2% | 6.1% | 加仓 |
| 7 | 🟢 | UNION PACIFIC | Share | $224.86 | $279.37 | +34.2% | 6.0% | 加仓 |
| 8 | 🟢 | VISA | Share | $322.22 | $368.29 | +13.4% | 4.4% | 加仓 |
| 9 | 🟢 | WESCO INTERNATIONAL | Share | $173.49 | $343.85 | +98.2% | 4.2% | 减仓 |
| 10 | 🟢 | AON | Share | $330.07 | $295.64 | +5.6% | 4.2% | 加仓 |
| 11 | 🟢 | TELEFLEX | Share | $110.01 | $135.86 | +23.5% | 3.3% | 加仓 |
| 12 | 🟢 | NORWEGIAN CRUISE LINE | Share | $20.05 | $17.34 | -13.5% | 3.0% | 加仓 |
| 13 | 🟢 | MOLINA HEALTHCARE | Share | $160.28 | $201.17 | +25.5% | 2.7% | 加仓 |
| 14 | 🟢 | CME GROUP | Share | $269.59 | $266.94 | -1.0% | 2.5% | 持平 |
| 15 | 🟢 | HERBALIFE | Share | $10.47 | $12.83 | +18.9% | 2.3% | 加仓 |
| 16 | 🟢 | EAGLE MATERIALS | Share | $238.43 | $198.87 | -13.4% | 2.2% | 减仓 |
| 17 | 🟢 | GDS HOLDINGS | Share | $13.09 | $32.67 | +154.7% | 2.1% | 持平 |
| 18 | 🟢 | AMERICOLD REALTY TRUST | Share | $13.50 | $15.08 | +11.7% | 2.0% | 加仓 |
| 19 | 🟢 | LIBERTY GLOBAL | Share | $23.04 | $10.22 | -54.7% | 1.7% | 减仓 |
| 20 | 🟢 | Grupo Aeromexico, S.A.B. de C.V. | Share | $16.98 | $14.33 | -15.6% | 1.6% | 加仓 |
| 21 | 🟢 | AXALTA COATING SYSTEMS | Share | $30.29 | $36.27 | +19.7% | 0.8% | 持平 |
| 22 | 🟢 | NOW | Share | $13.07 | $15.61 | +19.4% | 0.7% | 加仓 |
| 23 | 🟢 | Pershing Square Inc. | Share | $34.68 | $39.81 | +14.8% | 0.2% | 持平 |
持仓变动 Portfolio Changes2026年第2季度
| 股票 Ticker | 类型 Type | 股数变动 Share Change | 变动比例 Change % | 当前市值 Value | 占比 Weight |
|---|---|---|---|---|---|
| 增仓 Added | +625K | +20.0% | $892.3M | 16.5% | |
| 减仓 Reduced | -1.3M | -16.4% | $489.6M | 9.0% | |
| 增仓 Added | +191K | +16.1% | $484.7M | 8.9% | |
| 增仓 Added | +8K | +0.6% | $344.3M | 6.4% | |
| 增仓 Added | +1.3M | +89.0% | $332.3M | 6.1% | |
| 减仓 Reduced | -356K | -23.1% | $322.4M | 6.0% | |
| 减仓 Reduced | -774K | -53.9% | $229.0M | 4.2% | |
| 减仓 Reduced | -82K | -10.7% | $227.9M | 4.2% | |
| 减仓 Reduced | -186K | -11.7% | $178.6M | 3.3% | |
| 增仓 Added | +4.1M | +113.0% | $163.2M | 3.0% | |
| 建仓 New | +619K | New | $136.7M | 2.5% | |
| 减仓 Reduced | -362K | -40.5% | $119.4M | 2.2% | |
| 增仓 Added | +725K | +23.8% | $113.2M | 2.1% | |
| 减仓 Reduced | -951K | -12.2% | $107.4M | 2.0% | |
| 减仓 Reduced | -4.9M | -36.2% | $94.0M | 1.7% | |
| 建仓 New | +1.3M | New | $43.6M | 0.8% | |
| 减仓 Reduced | -837K | -23.1% | $36.2M | 0.7% | |
| 建仓 New | +392K | New | $12.9M | 0.2% | |
| 清仓 Closed | -893K | Closed | - | - | |
| 清仓 Closed | -800K | Closed | - | - |