Baupost Group — EXP

How Baupost Group's position in EAGLE MATLS INC changed quarter by quarter. Change badges compare each quarter to the fund's immediately-prior filing.

Quarter	Shares	Value	% of portfolio	Change
Q1 2026	892,763	$169,134,000	3.31%	TRIM
Q4 2025	1,185,248	$244,967,000	4.64%	NEW