Value Investor Seth Klarman is Selling These 5 Stocks

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01. Joby Aviation, Inc. (NYSE:JOBY)

Baupost Group’s Stake Value: $0 million

Percentage of Baupost Group’s 13F Portfolio: 0%

Number of Hedge Fund Holders as of Q1 2022: 30

Percentage Decline in Stake: 100%

Closing out the list is Joby Aviation, Inc. (NYSE:JOBY), which is another of Seth Klarman’s holdings that he sold off during Q2, in this case just three quarters after initiating the position.

Joby Aviation, Inc. (NYSE:JOBY) was founded in 2009 and is headquartered in Santa Cruz, California. It specializes in vertically integrating the air mobility industry, and constructing electric vertical takeoff and landing aircraft designed to provide air transportation as a service. It plans to develop an aerial ridesharing business.

You can also take a look at 10 Technology Stocks Hedge Funds Are Talking About and 10 Undervalued Dividend Kings To Buy In 2022

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