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Seth Klarman dumped energy and bought health stocks last quarter. Here's what he's betting on now

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New for subscribers: Seth Klarman dumped energy and bought health stocks last quarter. Here's what he's betting on now Check out CNBCPro today.

. The new filing shows that Klarman made major cuts to what had been his top holdings at the end of the first quarter.

The billionaire is one of the highest profile value investors and has drawn comparisons to Warren Buffett over the years. He in a letter to investors earlier this year after Baupost Group lagged the market in 2019. The fund had roughly $30 billion assets under management as of last year.

 

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