Seth Klarman's investment firm Baupost Group has added to its holding in Paris listed media company Vivendi (PAR:VIV). Vivendi recently published the final version of its 2013 annual report which shows that during 2013 Baupost increased its holding from 1.38% to 2.0% (or 18.2 million to 26.8 million shares).
This newly updated shareholder information was correct as of December 31st, 2013 but unfortunately there's no clarity as to what they might have done with their stake since then (if anything).
Baupost have held a stake in Vivendi since 2011/2012 with a 2.04% stake. By the end of 2012 they had trimmed the position down to 1.38% and now they've built it up again.
Wednesday, May 28, 2014
Baupost Group Added to Vivendi Position
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