15 Best Stocks to Buy According to Billionaire Seth Klarman

Page 9 of 10

7. Alphabet Inc. (NASDAQ:GOOGL)

Baupost Group’s Stake: $341 Million 

Alphabet Inc. (NASDAQ:GOOGL) is one of the most prominent long-term holdings of Baupost Group. It first purchased a stake in the company in the first quarter of 2020, consisting of more than 6 million shares. Since then, the company has regularly featured in the 13F filings of the fund, with small fluctuations The filings for the fourth quarter of 2025 show that the fund owned just over 1 million shares in the company. Compared to the filings for the third quarter of 2025, the fund has reduced the holding by close to 42%.

Latest reports indicate that Alphabet Inc. (NASDAQ:GOOGL) plans to build a new data center in Michigan. The report further highlights a collaboration with DTE Energy to power the operations once construction is completed. The company said in a blog post that the data center would run on 2.7 gigawatts of new resources for the grid, including solar power and advanced power storage technologies.

Alphabet Inc. (NASDAQ:GOOGL) offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. The Google Services segment provides products and services, including ads, Android, Chrome, devices, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube.

Page 9 of 10