Aquamarine Capital 13F, Q4 2023
Guy Spier · quarter ending 31 December 2023 · filed 1 February 2024 · SEC CIK 1953324
Common stock only: shares the fund reported owning at the quarter end, valued as filed.
Largest positions, Q4 2023
Weights are against the whole filed book. Changes are in shares held, against the Q3 2023 filing.
| Company | Ticker | Value | % of book | vs Q3 2023 |
|---|---|---|---|---|
| BERKSHIRE HATHAWAY INC DEL | BRK/B | $50.15M | 21.9% | unchanged |
| AMERICAN EXPRESS CO | AXP | $39.34M | 17.2% | unchanged |
| MASTERCARD INCORPORATED | MA | $28.04M | 12.3% | unchanged |
| FERRARI N V | $26.95M | 11.8% | unchanged | |
| BANK AMERICA CORP | BAC | $25.85M | 11.3% | unchanged |
| MICRON TECHNOLOGY INC | MU | $17.07M | 7.5% | unchanged |
| BERKSHIRE HATHAWAY INC DEL | BRK/A | $16.28M | 7.1% | unchanged |
| MOODYS CORP | MCO | $10.54M | 4.6% | unchanged |
| SERITAGE GROWTH PPTYS | SRG | $4.67M | 2.0% | unchanged |
| DAILY JOURNAL CORP | DJCO | $3.92M | 1.7% | unchanged |
| ALIBABA GROUP HLDG LTD | BABA | $3.68M | 1.6% | unchanged |
| ALPHABET INC | GOOGL | $2.23M | 1.0% | unchanged |
What changed since Q3 2023
Against the Q3 2023 filing, Aquamarine Capital opened 0 new positions, added to 0, trimmed 0, left 12 unchanged and exited 0. Every position is compared, matched on its CUSIP; a change of 2% or less in shares counts as unchanged.
New positions
No new positions this quarter.
Exited
Nothing from the previous filing was sold outright.
Added to
No position was increased by more than 2%.
Trimmed
No position was cut by more than 2%.
Other quarters
Source: SEC Form 13F-HR, accession 0001953324-24-000002, filed by Aquamarine Zurich AG. Values are as filed and cover US-listed positions only; a 13F does not show short positions or holdings outside the US. A 13F may be filed up to 45 days after the quarter ends, so the fund may have traded since. Educational information, not financial advice.