Q4 2025 · 13F-HR
SEMPER AUGUSTUS INVESTMENTS GROUP LLCholdings as filed
Filed 2026-02-17 · accession 0001172661-26-001092
$869.6M
Reported value
39
Positions
2025-12-31
Period end
The Brief · SEMPER AUGUSTUS INVESTMENTS GROUP LLC · Q4 2025
AI · grounded in 13F
SEMPER AUGUSTUS INVESTMENTS GROUP LLC reduced its position in GEV by 41.97%. The fund increased its stake in DECK by 70.66% and trimmed its holding in KGC by 18.41%. Overall, the fund added 13 positions and reduced 15, ending the period with 39 positions and $869.56M in total AUM.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 084670702 | BRK/B | BERKSHIRE HATHAWAY INC DEL | $125.3M | 14.4% | 249,211 | Common | SOLE |
| 256677105 | DG | DOLLAR GEN CORP NEW | $122.9M | 14.1% | 925,955 | Common | SOLE |
| 084670108 | BRK/A | BERKSHIRE HATHAWAY INC DEL | $87.6M | 10.1% | 116 | Common | SOLE |
| 243537107 | DECK | DECKERS OUTDOOR CORP | $66.3M | 7.63% | 639,698 | Common | SOLE |
| 651639106 | NEM | NEWMONT CORP | $66.2M | 7.62% | 663,239 | Common | SOLE |
| 256746108 | DLTR | DOLLAR TREE INC | $63.1M | 7.25% | 512,660 | Common | SOLE |
| 496902404 | KGC | KINROSS GOLD CORP | $59.5M | 6.84% | 2,112,933 | Common | SOLE |
| 33829M101 | FIVE | FIVE BELOW INC | $50.0M | 5.75% | 265,234 | Common | SOLE |
| 680665205 | OLN | OLIN CORP | $40.5M | 4.66% | 1,943,440 | Common | SOLE |
| 91913Y100 | VLO | VALERO ENERGY CORP | $32.3M | 3.72% | 198,658 | Common | SOLE |
| 011659109 | ALK | ALASKA AIR GROUP INC | $20.6M | 2.37% | 409,282 | Common | SOLE |
| 855244109 | SBUX | STARBUCKS CORP | $20.3M | 2.34% | 241,470 | Common | SOLE |
| 231021106 | CMI | CUMMINS INC | $20.3M | 2.33% | 39,774 | Common | SOLE |
| 254687106 | DIS | DISNEY WALT CO | $16.6M | 1.91% | 145,782 | Common | SOLE |
| 403949100 | DINO | HF SINCLAIR CORP | $16.5M | 1.90% | 358,527 | Common | SOLE |
| 29446M102 | EQNR | EQUINOR ASA | $14.1M | 1.63% | 598,385 | Common | SOLE |
| 69932A204 | PSKY | PARAMOUNT SKYDANCE CORP | $8.8M | 1.02% | 659,061 | Common | SOLE |
| 30231G102 | XOM | EXXON MOBIL CORP | $6.9M | 0.80% | 57,556 | Common | SOLE |
| 89417E109 | TRV | TRAVELERS COMPANIES INC | $5.5M | 0.64% | 19,100 | Common | SOLE |
| 58933Y105 | MRK | MERCK & CO INC | $4.7M | 0.54% | 44,443 | Common | SOLE |
| 22160K105 | COST | COSTCO WHSL CORP NEW | $3.0M | 0.34% | 3,447 | Common | SOLE |
| N6596X109 | NXPI | NXP SEMICONDUCTORS N V | $2.9M | 0.33% | 13,298 | Common | SOLE |
| 369604301 | GE | GE AEROSPACE | $2.9M | 0.33% | 9,352 | Common | SOLE |
| 98149E303 | GLDM | WORLD GOLD TR | $2.0M | 0.24% | 23,979 | Common | SOLE |
| 36828A101 | GEV | GE VERNOVA INC | $1.3M | 0.15% | 1,994 | Common | SOLE |
| 025816109 | AXP | AMERICAN EXPRESS CO | $1.3M | 0.15% | 3,441 | Common | SOLE |
| 78413P101 | SMHI | SEACOR MARINE HLDGS INC | $1.3M | 0.14% | 208,175 | Common | SOLE |
| 037833100 | AAPL | APPLE INC | $1.1M | 0.13% | 4,140 | Common | SOLE |
| 191216100 | KO | COCA COLA CO | $1.1M | 0.12% | 15,328 | Common | SOLE |
| 166764100 | CVX | CHEVRON CORP NEW | $973,747 | 0.11% | 6,389 | Common | SOLE |
| 85207H104 | PHYS | SPROTT ASSET MANAGEMENT LP | $788,154 | 0.09% | 23,869 | Common | SOLE |
| 69047Q102 | OVV | OVINTIV INC | $646,126 | 0.07% | 16,487 | Common | SOLE |
| 36266G107 | GEHC | GE HEALTHCARE TECHNOLOGIES I | $375,734 | 0.04% | 4,581 | Common | SOLE |
| 87165B103 | SYF | SYNCHRONY FINANCIAL | $370,179 | 0.04% | 4,437 | Common | SOLE |
| 780259305 | SHEL | SHELL PLC | $365,049 | 0.04% | 4,968 | Common | SOLE |
| 46436E718 | SGOV | ISHARES TR | $355,446 | 0.04% | 3,541 | Common | SOLE |
| 003264108 | SIVR | ABRDN SILVER ETF TRUST | $287,132 | 0.03% | 4,245 | Common | SOLE |
| Y2573F102 | FLEX | FLEX LTD | $270,984 | 0.03% | 4,485 | Common | SOLE |
| 02079K305 | GOOGL | ALPHABET INC | $219,100 | 0.03% | 700 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.