13F

Position

Baupost in Visa Inc.

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Estimated mark uses implied 13F prices (value ÷ shares). Adds are treated as happening at this quarter’s mark; cuts at last quarter’s. Share jumps can be splits, not buys. This is not realized P&L.

Latest estimated mark $28.6K$0.30$0.34

QuarterSharesValueImplied pxEst. markFlowWeight
Q1 2026701.4K$212K4.1%
Q2 2026701.4K$240.6K$0.34$28.6K$04.4%