people · May 16, 2026
Seth Klarman Exits Fidelity National Information Services Inc Position
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Seth Klarman of Baupost Group sold his entire stake in FIS during the first quarter of 2026, reducing the portfolio impact by 5.67%. The exit occurred ahead of FIS's Q1 earnings release on May 8, 2026. Klarman had held the position as part of his value investing strategy across traditional and distressed assets. FIS shares traded at approximately $42.60 following the earnings report.
Spend governor blocked model creation: provider_circuit_open (lane=dev, provider=together)