Semper Augustus Investments Group LLC
Semper Augustus Investments Group LLC reported 50 US-listed holdings worth $884.6 million in its 13F for the quarter ended 30 June 2026, filed 14 August 2026. Its largest: Berkshire Hathaway Inc. Class B (15.5%), Alaska Air Group, Inc. (10.6%) and Berkshire Hathaway Inc. Del (10.2%). Against the quarter before, it opened 7 positions, added to 12, trimmed 13 and sold out of 1.
The 14 largest of its 50 positions, each sized by its share of the reported holdings, coloured by the change in shares against Q1 2026.
What the fund reported holding at each quarter's end; hover a bar for the number of positions
What its reported holdings returned
Held through each quarter, the holdings it reported returned +38.9% over the 7 quarters to 30 June 2026, against +30.2% for the S&P 500.
Not the fund's own return: each 13F's holdings are kept unchanged until the next one, so trades inside a quarter, dividends, cash and fees are left out. A rough guide to how its picks have done over time.
What it did on the quarter
Its positions against its 13F for the quarter to 31 March 2026; a change under 0.1% of a position counts as held
Opened 7
- Paychex Inc. PAYX$20.8 million
- S&P Global Inc. SPGI$18.7 million
- Cognizant Technology Solutions Corp. CTSH$14.6 million
- Microsoft Corp. MSFT$239,106
- Microchip Technology Inc. MCHP$220,522
- Sunbelt Rentals Holdings Inc. SUNB$207,523
- Johnson & Johnson JNJ$201,652
Added to 12
- Builders Firstsource Inc. BLDR+325,512 shares · +143%
- Berkshire Hathaway Inc. Class B BRKB+20,120 shares · +8%
- Alaska Air Group, Inc. ALK+98,565 shares · +6%
- Berkshire Hathaway Inc. Del+4 shares · +3%
- Olin Corp. OLN+124,507 shares · +6%
- Dollar Tree, Inc. DLTR+16,628 shares · +3%
- Dollar General Corp. DG+17,080 shares · +3%
- Kinross Gold Corp. KGC+40,054 shares · +3%
and 4 more in the table below
Trimmed 13
- Starbucks Corp. SBUX-205,539 shares · -82%
- Cummins Inc. CMI-26,558 shares · -67%
- Five Below, Inc. FIVE-87,009 shares · -45%
- HF Sinclair Corp. DINO-108,491 shares · -30%
- Newmont Corp. NEM-31,910 shares · -7%
- Valero Energy Corp. VLO-6,163 shares · -14%
- NXP Semiconductors N.V. NXPI-5,334 shares · -41%
- Equinor ASA EQNR-14,779 shares · -8%
and 5 more in the table below
Sold out of 1
- Flex Ltd. FLEX$293,588 last quarter
What it holds
| Company | Shares | Value | Of its book | Change in shares |
|---|---|---|---|---|
| Berkshire Hathaway Inc. Class B BRKB | 273.1K | $136.7 million | 15.45% | +20.1K |
| Alaska Air Group, Inc. ALK | 1.8M | $93.6 million | 10.58% | +98.6K |
| Berkshire Hathaway Inc. Del | 120 | $89.9 million | 10.16% | +4 |
| Dollar General Corp. DG | 665.3K | $76.6 million | 8.66% | +17.1K |
| Deckers Outdoor Corp. DECK | 670.2K | $66.5 million | 7.52% | +9.2K |
| Dollar Tree, Inc. DLTR | 530.1K | $64.1 million | 7.25% | +16.6K |
| Builders Firstsource Inc. BLDR | 553.7K | $49.5 million | 5.60% | +325.5K |
| Olin Corp. OLN | 2.2M | $42.7 million | 4.83% | +124.5K |
| Newmont Corp. NEM | 447.2K | $41.8 million | 4.72% | -31.9K |
| Kinross Gold Corp. KGC | 1.5M | $36.6 million | 4.14% | +40.1K |
| Paychex Inc. PAYX | 211.6K | $20.8 million | 2.35% | new |
| Five Below, Inc. FIVE | 105.7K | $19.0 million | 2.15% | -87.0K |
| S&P Global Inc. SPGI | 46.0K | $18.7 million | 2.12% | new |
| HF Sinclair Corp. DINO | 252.2K | $17.6 million | 1.99% | -108.5K |
| Walt Disney Co. DIS | 160.7K | $15.5 million | 1.75% | +8.1K |
| Cognizant Technology Solutions Corp. CTSH | 378.0K | $14.6 million | 1.65% | new |
| Valero Energy Corp. VLO | 37.9K | $9.9 million | 1.12% | -6.2K |
| Cummins Inc. CMI | 13.0K | $9.3 million | 1.05% | -26.6K |
| ExxonMobil Holdings Corp. XOM | 57.2K | $7.8 million | 0.88% | -341 |
| Skydance Corp. PSKY | 648.8K | $6.4 million | 0.72% | -3.9K |
| Travelers Companies, Inc. TRV | 19.1K | $6.3 million | 0.71% | no change |
| Merck & Co., Inc. MRK | 44.6K | $5.7 million | 0.65% | no change |
| Equinor ASA EQNR | 161.2K | $5.1 million | 0.57% | -14.8K |
| Starbucks Corp. SBUX | 45.8K | $4.7 million | 0.53% | -205.5K |
| General Electric Co. GE | 9.4K | $3.5 million | 0.40% | no change |
| Costco Wholesale Corp. COST | 3.4K | $3.1 million | 0.35% | -13 |
| GE Vernova Inc. GEV | 2.0K | $2.3 million | 0.26% | no change |
| NXP Semiconductors N.V. NXPI | 7.7K | $2.2 million | 0.24% | -5.3K |
| SPDR Gold MiniShares GLDM | 24.1K | $1.9 million | 0.22% | +84 |
| Seacor Marine Holdings Inc SMHI | 208.2K | $1.6 million | 0.18% | no change |
| Apple Inc. AAPL | 4.6K | $1.3 million | 0.15% | +500 |
| Coca-Cola Co. KO | 15.3K | $1.2 million | 0.14% | no change |
| American Express Co. AXP | 3.3K | $1.1 million | 0.13% | -125 |
| Chevron Corp. CVX | 6.1K | $1.0 million | 0.11% | no change |
| iShares Trust SGOV | 8.6K | $862,742 | 0.10% | -1.3K |
| Alphabet Inc. GOOG | 2.4K | $859,299 | 0.10% | no change |
| Sprott Asset Management LP PHYS | 23.9K | $720,128 | 0.08% | no change |
| Shell plc SHEL | 5.0K | $385,219 | 0.04% | no change |
| Mastercard Inc. MA | 658 | $338,038 | 0.04% | no change |
| Synchrony Financial SYF | 4.4K | $337,434 | 0.04% | no change |
| Philip Morris International Inc. PM | 1.8K | $318,763 | 0.04% | no change |
| GE HealthCare Technologies Inc. GEHC | 4.6K | $293,230 | 0.03% | no change |
| Alphabet Inc. GOOGL | 700 | $250,159 | 0.03% | no change |
| Phillips 66 PSX | 1.5K | $248,842 | 0.03% | no change |
| Microsoft Corp. MSFT | 641 | $239,106 | 0.03% | new |
| Abrdn Silver ETF Trust SIVR | 4.2K | $238,654 | 0.03% | no change |
| Microchip Technology Inc. MCHP | 2.4K | $220,522 | 0.02% | new |
| Netflix Inc. NFLX | 3.0K | $212,772 | 0.02% | no change |
| Sunbelt Rentals Holdings Inc. SUNB | 2.8K | $207,523 | 0.02% | new |
| Johnson & Johnson JNJ | 794 | $201,652 | 0.02% | new |