Semper Augustus Investments Group 13F holdings, Q4 2025
Holdings as of December 31, 2025 · filings on SEC EDGAR · latest filing →
Semper Augustus Investments Group disclosed 39 US equity positions worth $869.6m in its Q4 2025 13F filing. The largest position was BRK/B at 14.4% of the reported book, followed by DG and BRK/A. Against the Q3 2025 filing, it opened 2 new positions, added to 8 and reduced 9 among the top 39 holdings.
What did Semper Augustus Investments Group own in Q4 2025? Top 39 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2025 |
|---|---|---|---|---|---|---|---|
| 1 | BRK/B BERKSHIRE HATHAWAY INC DEL | 14.4% | $125.3m | 249,211 | -0% | held | |
| 2 | DG DOLLAR GEN CORP NEW | Consumer Defensive | 14.1% | $122.9m | 925,955 | 0% | held |
| 3 | BRK/A BERKSHIRE HATHAWAY INC DEL | 10.1% | $87.6m | 116 | 0% | held | |
| 4 | DECK DECKERS OUTDOOR CORP | Consumer Cyclical | 7.6% | $66.3m | 639,698 | 71% | added |
| 5 | NEM NEWMONT CORP | Basic Materials | 7.6% | $66.2m | 663,239 | -2% | reduced |
| 6 | DLTR DOLLAR TREE INC | Consumer Defensive | 7.3% | $63.1m | 512,660 | 1% | added |
| 7 | KGC KINROSS GOLD CORP | Basic Materials | 6.8% | $59.5m | 2,112,933 | -18% | reduced |
| 8 | FIVE FIVE BELOW INC | Consumer Cyclical | 5.7% | $50.0m | 265,234 | -14% | reduced |
| 9 | OLN OLIN CORP | Basic Materials | 4.7% | $40.5m | 1,943,440 | 1% | added |
| 10 | VLO VALERO ENERGY CORP | Energy | 3.7% | $32.3m | 198,658 | -0% | held |
| 11 | ALK ALASKA AIR GROUP INC | Industrials | 2.4% | $20.6m | 409,282 | 8% | added |
| 12 | SBUX STARBUCKS CORP | Consumer Cyclical | 2.3% | $20.3m | 241,470 | 1% | added |
| 13 | CMI CUMMINS INC | Industrials | 2.3% | $20.3m | 39,774 | -0% | held |
| 14 | DIS DISNEY WALT CO | Communication Services | 1.9% | $16.6m | 145,782 | 0% | held |
| 15 | DINO HF SINCLAIR CORP | Energy | 1.9% | $16.5m | 358,527 | 1% | added |
| 16 | EQNR EQUINOR ASA | Energy | 1.6% | $14.1m | 598,385 | 4% | added |
| 17 | PSKY PARAMOUNT SKYDANCE CORP | Communication Services | 1.0% | $8.8m | 659,061 | -0% | held |
| 18 | EXMOC EXXON MOBIL CORP | 0.8% | $6.9m | 57,556 | -0% | held | |
| 19 | TRV TRAVELERS COMPANIES INC | Financial Services | 0.6% | $5.5m | 19,100 | 0% | held |
| 20 | MRK MERCK & CO INC | Healthcare | 0.5% | $4.7m | 44,443 | 0% | held |
| 21 | COST COSTCO WHSL CORP NEW | Consumer Defensive | 0.3% | $3.0m | 3,447 | 0% | held |
| 22 | NXPI NXP SEMICONDUCTORS N V | Technology | 0.3% | $2.9m | 13,298 | -1% | reduced |
| 23 | GE GE AEROSPACE | Industrials | 0.3% | $2.9m | 9,352 | 0% | held |
| 24 | WORLD GOLD TR | 0.2% | $2.0m | 23,979 | 21% | added | |
| 25 | GEV GE VERNOVA INC | Industrials | 0.1% | $1.3m | 1,994 | -42% | reduced |
| 26 | AXP AMERICAN EXPRESS CO | Financial Services | 0.1% | $1.3m | 3,441 | -16% | reduced |
| 27 | SMHI SEACOR MARINE HLDGS INC | 0.1% | $1.3m | 208,175 | -2% | reduced | |
| 28 | AAPL APPLE INC | Technology | 0.1% | $1.1m | 4,140 | 0% | held |
| 29 | KO COCA COLA CO | Consumer Defensive | 0.1% | $1.1m | 15,328 | 0% | held |
| 30 | CVX CHEVRON CORP NEW | Energy | 0.1% | $973.7k | 6,389 | 0% | held |
| 31 | SPROTT ASSET MANAGEMENT LP | 0.1% | $788.2k | 23,869 | 0% | held | |
| 32 | OVV OVINTIV INC | Energy | 0.1% | $646.1k | 16,487 | 0% | held |
| 33 | GEHC GE HEALTHCARE TECHNOLOGIES I | Healthcare | 0.0% | $375.7k | 4,581 | 0% | held |
| 34 | SYF SYNCHRONY FINANCIAL | Financial Services | 0.0% | $370.2k | 4,437 | 0% | held |
| 35 | SHEL SHELL PLC | Energy | 0.0% | $365.0k | 4,968 | 0% | held |
| 36 | SGOV ISHARES TR | 0.0% | $355.4k | 3,541 | -36% | reduced | |
| 37 | SIVR ABRDN SILVER ETF TRUST | 0.0% | $287.1k | 4,245 | – | new | |
| 38 | FLEX FLEX LTD | Technology | 0.0% | $271.0k | 4,485 | -12% | reduced |
| 39 | GOOGL ALPHABET INC | Communication Services | 0.0% | $219.1k | 700 | – | new |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.