Klarman's Baupost Group Boosts Stake in News Corp. (NWSA) and CapitalSource (CSE)

Seth Klarman's Baupost Group released its 13F for the quarter ended March 31, 2008. Klarman significantly raised its stake in News Corp. (Nasdaq: NWSA).

Some notable moves:

• Raises stake in News Corp. (Nasdaq: NWSA) by 10.6 million shares to 27,500,000 shares, making it his largest position at $243 million.
  
• Raises stake in CapitalSource Inc. (NYSE: CSE) by 26.4 million shares to 29,797,107 shares
  
• Raises stake in PDL BioPharma, Inc. (Nasdaq: PDLI) by 1.2 million shares to 15,559,608 shares
  
• Raises stake in Domtar Corporation (NYSE: UFS) by 7.13 million shares to 40,585,858 shares
  
• Lowers stake in GHL Acquisition Corp. (NYSE: GHQ) by 2.05 million shares to 199,462 shares

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