Semper Augustus 13F, Q1 2026
Christopher Bloomstran · quarter ending 31 March 2026 · filed 15 May 2026 · SEC CIK 1115373
Common stock only: shares the fund reported owning at the quarter end, valued as filed.
Largest positions, Q1 2026
The 25 largest of 44 positions. Weights are against the whole filed book. Changes are in shares held, against the Q4 2025 filing.
| Company | Ticker | Value | % of book | vs Q4 2025 |
|---|---|---|---|---|
| BERKSHIRE HATHAWAY INC DEL | BRK/B | $121.25M | 14.5% | unchanged |
| BERKSHIRE HATHAWAY INC DEL | BRK/A | $83.30M | 9.9% | unchanged |
| DOLLAR GEN CORP | DG | $76.96M | 9.2% | -30% shares |
| DECKERS OUTDOOR CORP | DECK | $66.16M | 7.9% | +3% shares |
| ALASKA AIR GROUP INC | ALK | $62.34M | 7.5% | +314% shares |
| OLIN CORP | OLN | $60.33M | 7.2% | +4% shares |
| DOLLAR TREE INC | DLTR | $56.23M | 6.7% | unchanged |
| NEWMONT CORP | NEM | $51.87M | 6.2% | -28% shares |
| KINROSS GOLD CORP | KGC | $46.05M | 5.5% | -29% shares |
| FIVE BELOW INC | FIVE | $44.02M | 5.3% | -27% shares |
| STARBUCKS CORP | SBUX | $22.51M | 2.7% | +4% shares |
| HF SINCLAIR CORP | DINO | $22.50M | 2.7% | unchanged |
| CUMMINS INC | CMI | $21.27M | 2.5% | unchanged |
| BUILDERS FIRSTSOURCE INC | BLDR | $18.79M | 2.2% | new |
| DISNEY WALT CO | DIS | $14.71M | 1.8% | +5% shares |
| VALERO ENERGY CORP | VLO | $10.89M | 1.3% | -78% shares |
| EXXON MOBIL CORP | XOM | $9.76M | 1.2% | unchanged |
| EQUINOR ASA | EQNR | $7.43M | 0.9% | -71% shares |
| PARAMOUNT SKYDANCE CORP | PSKY | $5.89M | 0.7% | unchanged |
| TRAVELERS COMPANIES INC | TRV | $5.57M | 0.7% | unchanged |
| MERCK & CO INC | MRK | $5.37M | 0.6% | unchanged |
| COSTCO WHOLESALE CORPORATION | COST | $3.35M | 0.4% | -2% shares |
| GE AEROSPACE | GE | $2.65M | 0.3% | unchanged |
| NXP SEMICONDUCTORS N V | $2.56M | 0.3% | -2% shares | |
| WORLD GOLD TR | GLDM | $2.22M | 0.3% | unchanged |
What changed since Q4 2025
Against the Q4 2025 filing, Semper Augustus opened 6 new positions, added to 6, trimmed 9, left 23 unchanged and exited 1. Every position is compared, matched on its CUSIP; a change of 2% or less in shares counts as unchanged.
Exited
- OVVwas $646.1K
Other quarters
Source: SEC Form 13F-HR, accession 0001941040-26-000373, filed by SEMPER AUGUSTUS INVESTMENTS GROUP LLC. 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.