SEMPER AUGUSTUS INVESTMENTS GROUP LLC

hedge fundUpdated 27 days ago

Managed by Semper Augustus Investments Group Llc • Latest filing Q2 2026

Portfolio value

$884.6M

Q2 2026

Filings

14

Quarterly 13F history

Top-10 concentration

100.0%

Weight of largest holdings

Annualized return

28.6%

Implied from 13F holdings

Portfolio value history

13F-disclosed portfolio value over 14 quarters

Show data table

Period	Portfolio value
Q1 2023	$390.6M
Q2 2023	$423M
Q3 2023	$417.2M
Q4 2023	$477.8M
Q1 2024	$546.7M
Q2 2024	$559M
Q3 2024	$591.6M
Q4 2024	$559.5M
Q1 2025	$620.3M
Q2 2025	$710.6M
Q3 2025	$801.2M
Q4 2025	$869.6M
Q1 2026	$837.3M
Q2 2026	$884.6M

Top holdings

50 positions as of Q2 2026

#	Stock	Value	Shares	% Portfolio	Change
1	B BRK-A BERKSHIRE HATHAWAY INC DEL	$136.7M	273.1K	15.45%	Added(+8.0%)
2	A ALK ALASKA AIR GROUP INC	$93.6M	1.79M	10.58%	Added(+5.8%)
3	B BRK-A BERKSHIRE HATHAWAY INC DEL	$89.9M	120	10.16%	Added(+3.5%)
4	D DG DOLLAR GEN CORP	$76.6M	665.3K	8.66%	Added(+2.6%)
5	D DECK DECKERS OUTDOOR CORP	$66.5M	670.2K	7.52%	Added(+1.4%)
6	D DLTR DOLLAR TREE INC	$64.1M	530.1K	7.25%	Added(+3.2%)
7	B BLDR BUILDERS FIRSTSOURCE INC	$49.5M	553.7K	5.60%	Added(+142.6%)
8	O OLN OLIN CORP	$42.7M	2.15M	4.83%	Added(+6.1%)
9	N NEMCL NEWMONT CORP	$41.8M	447.2K	4.72%	Trimmed(-6.7%)
10	K KGCRF KINROSS GOLD CORP	$36.6M	1.55M	4.14%	Added(+2.6%)
11	P PAYX PAYCHEX INC	$20.8M	211.6K	2.35%	—
12	F FIVE FIVE BELOW INC	$19M	105.7K	2.15%	Trimmed(-45.2%)
13	S SPGI S&P GLOBAL INC	$18.7M	46.0K	2.12%	—
14	D DINO HF SINCLAIR CORP	$17.6M	252.2K	1.99%	Trimmed(-30.1%)
15	D DIS DISNEY WALT CO	$15.5M	160.7K	1.75%	Added(+5.3%)
16	C CTSH COGNIZANT TECHNOLOGY SOLUTIO	$14.6M	378.0K	1.65%	—
17	V VLO VALERO ENERGY CORP	$9.9M	37.9K	1.12%	Trimmed(-14.0%)
18	C CMI CUMMINS INC	$9.3M	13.0K	1.05%	Trimmed(-67.2%)
19	X XOM EXXON MOBIL CORP	$7.8M	57.2K	0.88%	Trimmed(-0.6%)
20	P PSKY PARAMOUNT SKYDANCE CORP	$6.4M	648.8K	0.72%	Trimmed(-0.6%)

B

BERKSHIRE HATHAWAY INC DEL

+8.0%

Value

$136.7M

Shares

273.1K

% Port

15.45%

A

ALASKA AIR GROUP INC

+5.8%

Value

$93.6M

Shares

1.79M

% Port

10.58%

B

BERKSHIRE HATHAWAY INC DEL

+3.5%

Value

$89.9M

Shares

120

% Port

10.16%

D

4.DG

DOLLAR GEN CORP

+2.6%

Value

$76.6M

Shares

665.3K

% Port

8.66%

D

DECKERS OUTDOOR CORP

+1.4%

Value

$66.5M

Shares

670.2K

% Port

7.52%

D

DOLLAR TREE INC

+3.2%

Value

$64.1M

Shares

530.1K

% Port

7.25%

B

BUILDERS FIRSTSOURCE INC

+142.6%

Value

$49.5M

Shares

553.7K

% Port

5.60%

O

OLIN CORP

+6.1%

Value

$42.7M

Shares

2.15M

% Port

4.83%

N

NEWMONT CORP

-6.7%

Value

$41.8M

Shares

447.2K

% Port

4.72%

K

KINROSS GOLD CORP

+2.6%

Value

$36.6M

Shares

1.55M

% Port

4.14%

P

PAYCHEX INC

Value

$20.8M

Shares

211.6K

% Port

2.35%

F

FIVE BELOW INC

-45.2%

Value

$19M

Shares

105.7K

% Port

2.15%

S

S&P GLOBAL INC

Value

$18.7M

Shares

46.0K

% Port

2.12%

D

HF SINCLAIR CORP

-30.1%

Value

$17.6M

Shares

252.2K

% Port

1.99%

D

15.DIS

DISNEY WALT CO

+5.3%

Value

$15.5M

Shares

160.7K

% Port

1.75%

C

COGNIZANT TECHNOLOGY SOLUTIO

Value

$14.6M

Shares

378.0K

% Port

1.65%

V

17.VLO

VALERO ENERGY CORP

-14.0%

Value

$9.9M

Shares

37.9K

% Port

1.12%

C

18.CMI

CUMMINS INC

-67.2%

Value

$9.3M

Shares

13.0K

% Port

1.05%

X

19.XOM

EXXON MOBIL CORP

-0.6%

Value

$7.8M

Shares

57.2K

% Port

0.88%

P

PARAMOUNT SKYDANCE CORP

-0.6%

Value

$6.4M

Shares

648.8K

% Port

0.72%

View full portfolio (50 holdings) →

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