BAUPOST GROUP LLC/MA — WILLIS TOWERS WATSON PLC LTD WTW: Quarterly 13F Position History
BAUPOST GROUP LLC/MA has reported WILLIS TOWERS WATSON PLC LTD (WTW) on 21 13F-HR filings in Pactolio's tracked window, first appearing in Q1 2021. As of Q1 2026, the position is sized at 893,126 shares ($259.6M market value, 5.08% of the equity book). Quarter-over-quarter share count change: 464,475 (-34.2%) .
- 893,126Shares Held (Latest Filing)
- $259.6MReported Market Value (Latest Filing)
- 5.08%Portfolio Weight (% of 13F Equity Book)
- 464,475Quarter-over-Quarter Share Change
- -$186.5MQuarter-over-Quarter Value Change
- 2,500,000Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 21 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q1 2026 | 893,126 | 464,475 | -34.2% | $259.6M | 5.08% | $290.70 |
| Q4 2025 | 1,357,601 | +268,536 | +24.7% | $446.1M | 8.45% | $328.60 |
| Q3 2025 | 1,089,065 | 225,119 | -17.1% | $376.2M | 7.85% | $345.45 |
| Q2 2025 | 1,314,184 | 211,483 | -13.9% | $402.8M | 9.75% | $306.50 |
| Q1 2025 | 1,525,667 | 311,081 | -16.9% | $515.6M | 14.75% | $337.95 |
| Q4 2024 | 1,836,748 | +55,542 | +3.1% | $575.3M | 16.75% | $313.24 |
| Q3 2024 | 1,781,206 | +128,558 | +7.8% | $524.6M | 14.92% | $294.53 |
| Q2 2024 | 1,652,648 | +96,981 | +6.2% | $433.2M | 11.92% | $262.14 |
| Q1 2024 | 1,555,667 | 0 | — | $427.8M | 11.72% | $275.00 |
| Q4 2023 | 1,555,667 | 0 | — | $375.2M | 8.18% | $241.20 |
| Q3 2023 | 1,555,667 | +653,300 | +72.4% | $325.1M | 6.23% | $208.96 |
| Q2 2023 | 902,367 | +43,700 | +5.1% | $212.5M | 3.78% | $235.50 |
| Q1 2023 | 858,667 | 422,241 | -33.0% | $199.5M | 3.41% | $232.38 |
| Q4 2022 | 1,280,908 | 4,520 | -0.4% | $313.3M | 5.11% | $244.58 |
| Q3 2022 | 1,285,428 | +358,462 | +38.7% | $258.3M | 4.46% | $200.94 |
| Q2 2022 | 926,966 | 304,000 | -24.7% | $183.0M | 2.70% | $197.39 |
| Q1 2022 | 1,230,966 | 19,034 | -1.5% | $290.8M | 3.13% | $236.22 |
| Q4 2021 | 1,250,000 | +250,000 | +25.0% | $296.9M | 2.93% | $237.49 |
| Q3 2021 | 1,000,000 | 891,526 | -47.1% | $232.5M | 2.14% | $232.46 |
| Q2 2021 | 1,891,526 | 608,474 | -24.3% | $435.1M | 3.53% | $230.02 |
| Q1 2021 | 2,500,000 | — | — | $572.2M | 4.56% | $228.88 |
Methodology & FAQ
How This Position History Is Sourced
Each row is one SEC Form 13F-HR filing disclosing this position. Share count, market value, and reported quarter are taken verbatim from the filing; portfolio weight is recomputed against the same filing's total reported equity book. Implied price-per-share is market value divided by shares — a quarter-end mark, not the manager's cost basis. See the full methodology document for the normalization rules.
When did BAUPOST GROUP LLC/MA first disclose a WTW position in 13F-HR filings?
BAUPOST GROUP LLC/MA first reported WILLIS TOWERS WATSON PLC LTD (WTW) on its 13F-HR filing for the period ending 2021-03-31 (Q1 2021). The position has appeared on 21 reported quarters within Pactolio's tracked window.
What was BAUPOST GROUP LLC/MA's most recent quarter-over-quarter share-count change in WTW?
Between Q4 2025 and Q1 2026, BAUPOST GROUP LLC/MA reduced its WTW position by 464,475 shares (-34.2%), leaving 893,126 shares at a market value of $259.6M.
Does the implied price-per-share represent BAUPOST GROUP LLC/MA's cost basis in WTW?
No. The implied price-per-share column is the 13F-HR reported market value divided by reported share count on the filing date (end of quarter). It is a quarter-end mark, not a cost basis or transaction price. Use it as a sanity check on the value column, not as an indicator of the manager's entry or exit price.