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SEMPER AUGUSTUS INVESTMENTS GROUP LLC

Q4 2025 · Filed 2026-02-17
Market Value
$870M
+8.5%
Holdings
40
+1
New Purchases
2
Added To
11
Closed
1
Reduced
14
Top 10 Concentration
82.1%
Turnover
7.5%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
DECK 7.63% 4.74% +2.88% $66M
DG 14.14% 11.94% +2.20% $123M
DLTR 7.25% 5.95% +1.30% $63M
NEM 7.62% 7.14% +0.48% $66M
CMI 2.33% 2.11% +0.23% $20M
MRK 0.54% 0.47% +0.07% $5M
GLDM 0.24% 0.19% +0.05% $2M
SIVR 0.03% 0.00% +0.03% $287K
GOOGL 0.03% 0.00% +0.03% $219K
ALK 2.37% 2.35% +0.02% $21M
SYF 0.04% 0.04% +0.00% $370K
PHYS 0.09% 0.09% +0.00% $788K
GEHC 0.04% 0.04% +0.00% $376K

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
OLN 4.66% 6.00% -1.35% $40M
BRK-B 14.41% 15.70% -1.30% $125M
KGC 6.84% 8.03% -1.19% $60M
BRK-A 10.07% 10.92% -0.85% $88M
PSKY 1.02% 1.56% -0.54% $9M
VLO 3.72% 4.24% -0.52% $32M
DINO 1.90% 2.33% -0.43% $17M
FIVE 5.75% 5.95% -0.21% $50M
SBUX 2.34% 2.52% -0.18% $20M
DIS 1.91% 2.08% -0.17% $17M
EQNR 1.63% 1.75% -0.12% $14M
GEV 0.15% 0.26% -0.11% $1M
COST 0.34% 0.40% -0.06% $3M
NXPI 0.33% 0.38% -0.05% $3M
SGOV 0.04% 0.07% -0.03% $355K

Sector Allocation Over Time

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 13 $237M 27.2%
Large Cap 23 $570M 65.6%
Mid Cap 3 $61M 7.1%
Micro Cap 1 $1M 0.1%

Portfolio Analytics

Avg Market Cap
$393.1B
Median Market Cap
$76.6B
Avg P/E
25.6
Median P/E
19.3
Avg Dividend Yield
0.01%
Avg Beta
0.80
# Stocks
36
# ETFs / Funds
4

Top Holdings (40 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 BRK-B 14.41% 249,211 $125M $502.65 -$539K -1,028 -0.4%
2 DG 14.14% 925,955 $123M $132.77 $27M +129 +0.0%
3 BRK-A 10.07% 116 $88M $754,800.00 $70K
4 DECK 7.63% 639,698 $66M $103.67 $28M +264,857 +70.7%
5 NEM 7.62% 663,239 $66M $99.85 $9M -14,968 -2.2%
6 DLTR 7.25% 512,660 $63M $123.01 $15M +7,503 +1.5%
7 KGC 6.84% 2,112,933 $60M $28.16 -$5M -476,822 -18.4%
8 FIVE 5.75% 265,234 $50M $188.36 $2M -43,107 -14.0%
9 OLN 4.66% 1,943,440 $40M $20.83 -$8M +19,195 +1.0%
10 VLO 3.72% 198,658 $32M $162.79 -$2M -869 -0.4%
11 ALK 2.37% 409,282 $21M $50.30 $2M +30,691 +8.1%
12 SBUX 2.34% 241,470 $20M $84.21 $118K +2,509 +1.1%
13 CMI 2.33% 39,774 $20M $510.45 $3M -162 -0.4%
14 DIS 1.91% 145,782 $17M $113.77 -$78K +246 +0.2%
15 DINO 1.90% 358,527 $17M $46.08 -$2M +1,815 +0.5%
16 EQNR 1.63% 598,385 $14M $23.63 $152K +24,654 +4.3%
17 PSKY 1.02% 659,061 $9M $13.40 -$4M -223 -0.0%
18 XOM 0.80% 57,556 $7M $120.34 $405K -284 -0.5%
19 TRV 0.64% 19,100 $6M $290.06 $207K
20 MRK 0.54% 44,443 $5M $105.26 $948K
21 COST 0.34% 3,447 $3M $862.34 -$207K +12 +0.3%
22 NXPI 0.33% 13,298 $3M $217.06 -$164K -96 -0.7%
23 GE 0.33% 9,352 $3M $308.03 $67K
24 GLDM 0.24% 23,979 $2M $85.37 $528K +4,115 +20.7%
25 GEV 0.15% 1,994 $1M $653.57 -$810K -1,442 -42.0%
26 AXP 0.15% 3,441 $1M $369.95 -$91K -665 -16.2%
27 SMHI 0.14% 208,175 $1M $6.02 -$119K -3,305 -1.6%
28 AAPL 0.13% 4,140 $1M $271.86 $71K
29 KO 0.12% 15,328 $1M $69.91 $55K
30 CVX 0.11% 6,389 $974K $152.41 -$18K
31 PHYS 0.09% 23,869 $788K $33.02 $81K
32 OVV 0.07% 16,487 $646K $39.19 -$20K
33 GEHC 0.04% 4,581 $376K $82.02 $32K
34 SYF 0.04% 4,437 $370K $83.43 $55K
35 SHEL 0.04% 4,968 $365K $73.48 $10K
36 SGOV 0.04% 3,541 $355K $100.38 -$205K -2,024 -36.4%
37 SIVR 0.03% 4,245 $287K $67.64 +4,245 NEW
38 FLEX 0.03% 4,485 $271K $60.42 -$24K -605 -11.9%
39 GOOGL 0.03% 700 $219K $313.00 +700 NEW
40 PSX —% -$200K -1,472 -100.0% SOLD

New Positions

SymbolValue% Port
SIVR $287K 0.03%
GOOGL $219K 0.03%

Sold Out Positions

SymbolValue% Port
PSX —%
View SEC EDGAR Filings for SEMPER AUGUSTUS INVESTMENTS GROUP LLC →

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms