Baupost Group

The Baupost as of Dec. 31, 2008

Portfolio Holdings for The Baupost

The Baupost holds 47 positions in its portfolio as reported in the December 2008 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
News Corporation 12.9 $154M 17M 9.09
Linn Energy 10.1 $120M 8.0M 14.97
Theravance 9.4 $112M 9.0M 12.39
Exterran Holdings 8.8 $105M 4.9M 21.30
PDL BioPharma 7.5 $89M 14M 6.18
Liberty Media Corp-ent Ser A E nt com ser a 6.1 $73M 4.2M 17.48
BreitBurn Energy Partners 4.8 $58M 8.2M 7.05
Domtar Corp C ommon 4.7 $56M 34M 1.67
News Corporation 4.3 $52M 5.4M 9.58
IAC/InterActive 3.6 $43M 2.7M 15.73
RHI Entertainment (RHIE) 2.5 $30M 3.7M 8.12
ViaSat (VSAT) 2.5 $30M 1.2M 24.08
Facet Biotech Corp 2.2 $27M 2.8M 9.59
Syneron Medical Ltd ord 2.2 $26M 3.1M 8.34
Theravance Inc note 3.000% 1/1 2.1 $25M 42M 0.61
Capitalsource Inc sdcv 4.000% 7/1 1.9 $22M 38M 0.58
Ghl Acquisition Corp 1.7 $20M 2.3M 9.00
Alliance One International 1.5 $18M 6.2M 2.94
Istar Finl Inc frnt 10/0 1.5 $18M 62M 0.29
Liberty Media 1.4 $16M 3.5M 4.71
CapitalSource 1.3 $16M 3.4M 4.62
Capitalsource Inc note 7.250% 7/1 1.3 $15M 25M 0.62
Horizon Lines (HRZ) 1.1 $13M 3.6M 3.49
Ituran Location And Control (ITRN) 1.1 $13M 1.7M 7.31
Audiovox Corporation 0.8 $9.6M 1.9M 5.01
China Ceramics 0.8 $9.2M 1.1M 8.80
Multimedia Games 0.5 $6.2M 2.6M 2.38
OMNOVA Solutions 0.3 $4.0M 5.9M 0.68
Centerplate Inc unit 99/99/9999 0.3 $3.8M 2.2M 1.71
Pre-Paid Legal Services 0.2 $2.3M 61k 37.28
Acergy (ACGY) 0.2 $2.0M 346k 5.78
Atlas Pipeline Holdings (AHD) 0.1 $1.1M 288k 3.78
Sapphire Industrials Corp *w exp 01/17/201 0.1 $992k 6.2M 0.16
Borders (BGP) 0.1 $667k 1.7M 0.40
Global Consumer Acqst Corp *w exp 11/27/201 0.0 $267k 3.0M 0.09
Sp Acquisition Holdings Inc *w exp 10/10/201 0.0 $253k 1.6M 0.16
Ghl Acquisition Corp *w exp 02/14/201 0.0 $250k 1.3M 0.20
Bpw Acquisition Corp *w exp 02/26/201 0.0 $86k 574k 0.15
Prospect Acquisition Corp *w exp 11/14/201 0.0 $175k 2.5M 0.07
Enterprise Acquisition Corp *w exp 11/07/201 0.0 $38k 1.3M 0.03
Overture Acquisition Corp *w exp 01/30/201 0.0 $50k 1.0M 0.05
Tm Entmt & Media Inc *w exp 10/17/201 0.0 $16k 525k 0.03
Tremisis Energy Acq Corp Ii *w exp 12/05/201 0.0 $13k 325k 0.04
Kbl Healthcare Acquis Corp I *w exp 07/18/201 0.0 $4.7k 235k 0.02
Columbus Acquisition Corp *w exp 05/18/201 0.0 $30k 750k 0.04
Mbf Healthcare Acquisition C *w exp 04/16/201 0.0 $12k 244k 0.05
Media & Entmt Holdings Inc *w exp 03/09/201 0.0 $0 725k 0.00