Aquamarine Capital 13F, Q1 2024
Guy Spier · quarter ending 31 March 2024 · filed 18 April 2024 · SEC CIK 1953324
Common stock only: shares the fund reported owning at the quarter end, valued as filed.
Largest positions, Q1 2024
Weights are against the whole filed book. Changes are in shares held, against the Q4 2023 filing.
| Company | Ticker | Value | % of book | vs Q4 2023 |
|---|---|---|---|---|
| BERKSHIRE HATHAWAY INC DEL | BRK/B | $59.13M | 22.6% | unchanged |
| AMERICAN EXPRESS CO | AXP | $47.81M | 18.3% | unchanged |
| MASTERCARD INCORPORATED | MA | $31.66M | 12.1% | unchanged |
| BANK AMERICA CORP | BAC | $29.12M | 11.1% | unchanged |
| FERRARI N V | $26.16M | 10.0% | -25% shares | |
| MICRON TECHNOLOGY INC | MU | $23.58M | 9.0% | unchanged |
| BERKSHIRE HATHAWAY INC DEL | BRK/A | $19.03M | 7.3% | unchanged |
| MOODYS CORP | MCO | $10.61M | 4.0% | unchanged |
| SERITAGE GROWTH PPTYS | SRG | $4.83M | 1.8% | unchanged |
| DAILY JOURNAL CORP | DJCO | $4.16M | 1.6% | unchanged |
| ALIBABA GROUP HLDG LTD | BABA | $3.44M | 1.3% | unchanged |
| ALPHABET INC | GOOGL | $2.42M | 0.9% | unchanged |
What changed since Q4 2023
Against the Q4 2023 filing, Aquamarine Capital opened 0 new positions, added to 0, trimmed 1, left 11 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
- FERRARI N V-25%$26.16M
Other quarters
Source: SEC Form 13F-HR, accession 0001953324-24-000003, 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.