Wesco International leads Klarman’s portfolio with 48.1% YoY earnings growth
Klarman’s Baupost Group disclosed its five largest long common-stock positions in its latest 13F filing.
Wesco International, an industrial distributor, posted 48.1% YoY earnings growth and is a pure-play on the AI data-center buildout.
The company’s data center sales surged 70% YoY, outpacing AMZN’s AWS growth of 28%.
Klarman’s portfolio also includes Elevance Health, Union Pacific, and other value investments.