Baupost Group Starts Veritiv Position ~ market folly

Monday, August 11, 2014

Baupost Group Starts Veritiv Position

Seth Klarman's hedge fund firm Baupost Group has filed a 13G with the SEC regarding shares of Veritiv (VRTV).  Per the filing, Baupost now owns 14.06% of the company with 2,249,601 shares.

The filing was made due to activity on July 31st.  Veritiv shares just recently started trading in June.

You can view additional recent portfolio activity from Baupost Group here

Per the company's website, Veritiv is "a North American leader in business-to-business distribution solutions."

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