SEMPER AUGUSTUS INVESTMENTS GROUP LLC — 13F Holdings & Portfolio

CIK 1115373 · latest 13F-HR filed 2026-05-15

SEMPER AUGUSTUS INVESTMENTS GROUP LLC manages $837.3M in 13F-reported U.S. long-equity assets across 44 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are BRK.B (14.48%), BRK.A (9.95%), DG (9.19%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 6 new positions, exited 1, added to 17, and trimmed 16.

AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.

Loading holdings…
AUM

$837.3M

Long-equity book

Holdings

44

Distinct positions

Period

2026-03-31

Filed 2026-05-15

Q/Q Activity

+6 / −1 / ↑17 / ↓16

vs 2025-12-31

Firm Profile & Key People
Name Title / Status Ownership Type

Top Adds (vs prior quarter)

  • ALASKA AIR GROUP INC$41.8M +202.8%
  • OLIN CORP$19.8M +49.0%
  • HF SINCLAIR CORP$6.0M +36.2%
  • EXXON MOBIL CORP$2.8M +40.9%
  • STARBUCKS CORP$2.2M +10.7%
Show all 17

Top Trims

  • DOLLAR GEN CORP-$46.0M -37.4%
  • VALERO ENERGY CORP-$21.5M -66.3%
  • NEWMONT CORP-$14.4M -21.7%
  • KINROSS GOLD CORP-$13.4M -22.6%
  • DOLLAR TREE INC-$6.8M -10.8%
Show all 16

New Positions

  • BUILDERS FIRSTSOURCE INC$18.8M
  • ALPHABET INC$697.6K
  • MASTERCARD INCORPORATED$328.9K
  • PHILIP MORRIS INTL INC$291.3K
  • NETFLIX INC.$286.5K
Show all 6

Exited Positions

  • OVINTIV INC$646.1K
Show all 1
All Holdings

Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).

# Issuer Symbol CUSIP Value Weight Shares Type
1 BERKSHIRE HATHAWAY INC DEL BRK.B 084670702 $121.2M 14.48% 253,025 SH
2 BERKSHIRE HATHAWAY INC DEL BRK.A 084670108 $83.3M 9.95% 116 SH
3 DOLLAR GEN CORP DG 256677105 $77.0M 9.19% 648,227 SH
4 DECKERS OUTDOOR CORP DECK 243537107 $66.2M 7.90% 661,029 SH
5 ALASKA AIR GROUP INC ALK 011659109 $62.3M 7.45% 1,695,062 SH
6 OLIN CORP OLN 680665205 $60.3M 7.21% 2,029,319 SH
7 DOLLAR TREE INC DLTR 256746108 $56.2M 6.72% 513,485 SH
8 NEWMONT CORP NEM 651639106 $51.9M 6.19% 479,138 SH
9 KINROSS GOLD CORP KGC 496902404 $46.1M 5.50% 1,508,941 SH
10 FIVE BELOW INC FIVE 33829M101 $44.0M 5.26% 192,666 SH
11 STARBUCKS CORP SBUX 855244109 $22.5M 2.69% 251,300 SH
12 HF SINCLAIR CORP DINO 403949100 $22.5M 2.69% 360,678 SH
13 CUMMINS INC CMI 231021106 $21.3M 2.54% 39,530 SH
14 BUILDERS FIRSTSOURCE INC BLDR 12008R107 $18.8M 2.24% 228,210 SH
15 DISNEY WALT CO DIS 254687106 $14.7M 1.76% 152,583 SH
16 VALERO ENERGY CORP VLO 91913Y100 $10.9M 1.30% 44,056 SH
17 EXXON MOBIL CORP XOM 30231G102 $9.8M 1.17% 57,517 SH
18 EQUINOR ASA EQNR 29446M102 $7.4M 0.89% 175,954 SH
19 PARAMOUNT SKYDANCE CORP PSKY 69932A204 $5.9M 0.70% 652,707 SH
20 TRAVELERS COMPANIES INC TRV 89417E109 $5.6M 0.67% 19,100 SH
21 MERCK & CO INC MRK 58933Y105 $5.4M 0.64% 44,633 SH
22 COSTCO WHOLESALE CORPORATION COST 22160K105 $3.4M 0.40% 3,367 SH
23 GE AEROSPACE GE 369604301 $2.7M 0.32% 9,352 SH
24 NXP SEMICONDUCTORS N V NXPI N6596X109 $2.6M 0.31% 12,996 SH
25 WORLD GOLD TR GLDM 98149E303 $2.2M 0.27% 23,979 SH
26 GE VERNOVA INC GEV 36828A101 $1.7M 0.21% 1,994 SH
27 SEACOR MARINE HLDGS INC SMHI 78413P101 $1.5M 0.18% 208,175 SH
28 CHEVRON CORPORATION CVX 166764100 $1.3M 0.15% 6,063 SH
29 COCA COLA CO KO 191216100 $1.2M 0.14% 15,328 SH
30 APPLE INC AAPL 037833100 $1.1M 0.13% 4,140 SH
31 AMERICAN EXPRESS CO AXP 025816109 $1.0M 0.12% 3,436 SH
32 ISHARES TR SGOV 46436E718 $998.1K 0.12% 9,916 SH
33 SPROTT ASSET MANAGEMENT LP PHYS 85207H104 $845.9K 0.10% 23,869 SH
34 ALPHABET INC GOOG 02079K107 $697.6K 0.08% 2,432 SH
35 SHELL PLC SHEL 780259305 $462.0K 0.06% 4,968 SH
36 MASTERCARD INCORPORATED MA 57636Q104 $328.9K 0.04% 658 SH
37 GE HEALTHCARE TECHNOLOGIES I GEHC 36266G107 $326.1K 0.04% 4,581 SH
38 ABRDN SILVER ETF TRUST SIVR 003264108 $304.0K 0.04% 4,245 SH
39 SYNCHRONY FINANCIAL SYF 87165B103 $301.8K 0.04% 4,437 SH
40 FLEXTRONICS INTL LTD FLEX Y2573F102 $293.6K 0.04% 4,485 SH
41 PHILIP MORRIS INTL INC PM 718172109 $291.3K 0.03% 1,762 SH
42 NETFLIX INC. NFLX 64110L106 $286.5K 0.03% 2,980 SH
43 PHILLIPS 66 PSX 718546104 $268.2K 0.03% 1,472 SH
44 ALPHABET INC GOOGL 02079K305 $201.3K 0.02% 700 SH
Filing History
Period Filed AUM Holdings Accession
2026-03-31 2026-05-15 $837.3M 44 0001941040-26-000373
2025-12-31 2026-02-17 $869.6M 39 0001172661-26-001092
2025-09-30 2025-11-14 $801.2M 38 0001172661-25-005018