If You Followed Seth Klarman Into Vaxcyte in May, He Was Already Long Gone
· finance.yahoo.com
Retail investors who spotted Seth Klarman buying Vaxcyte in May were already two months behind a trade Baupost had quietly begun unwinding. Understanding exactly what got lost in that gap changes how you should read every 13F going forward.
Quick Read
Baupost dumped all 800,000 PCVX shares and 893,126 WTW shares by June 30, weeks before retail investors learned Klarman had held either.
13F filing...