Institutional
SEMPER AUGUSTUS INVESTMENTS GROUP LLC
CIK 0001115373
$837.3M
Reported AUM
44
Positions
Q1 2026
Period
2026-05-15
Filed
The Brief · SEMPER AUGUSTUS INVESTMENTS GROUP LLC · Q1 2026
AI · grounded in 13F
Semper Augustus Investments Group LLC established a new position in Builders FirstSource Inc BLDR valued at $18.79M. The fund significantly increased its stake in Alaska Air Group Inc ALK by 314.16%. On the selling side, the fund reduced its holdings in Valero Energy Corp VLO by 77.82% and Equinor ASA EQNR by 70.60%.
Portfolio · Q1 2026
Top holdings
QoQ vs Q4 2025
| # | Stock | Issuer | Price | Day % | 1Y Gr. | 5Y Gr. | Value | % of book | Δ shares (QoQ) | Status |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | BRK/B | BERKSHIRE HATHAWAY INC DEL | — | — | — | — | $121.2M | 14.48% | +3,814 | +1.5% |
| 2 | BRK/A | BERKSHIRE HATHAWAY INC DEL | — | — | — | — | $83.3M | 9.95% | — | HELD |
| 3 | DG | DOLLAR GEN CORP | $103.70 | 0.17% | -6.76% | -51.68% | $77.0M | 9.19% | −277,728 | −30.0% |
| 4 | DECK | DECKERS OUTDOOR CORP | $108.13 | -0.76% | -1.00% | 57.91% | $66.2M | 7.90% | +21,331 | +3.3% |
| 5 | ALK | ALASKA AIR GROUP INC | $42.82 | 0.30% | -18.44% | -26.21% | $62.3M | 7.45% | +1,285,780 | +314.2% |
| 6 | OLN | OLIN CORP | $24.54 | -1.56% | 27.11% | -42.09% | $60.3M | 7.21% | +85,879 | +4.4% |
| 7 | DLTR | DOLLAR TREE INC | $108.80 | -0.43% | 15.13% | 9.03% | $56.2M | 6.72% | +825 | +0.2% |
| 8 | NEM | NEWMONT CORP | $99.71 | -7.96% | 92.46% | 83.49% | $51.9M | 6.19% | −184,101 | −27.8% |
| 9 | KGC | KINROSS GOLD CORP | $26.22 | -8.32% | 74.49% | 336.81% | $46.1M | 5.50% | −603,992 | −28.6% |
| 10 | FIVE | FIVE BELOW INC | $190.47 | -0.88% | 49.56% | -2.03% | $44.0M | 5.26% | −72,568 | −27.4% |
| 11 | SBUX | STARBUCKS CORP | $95.29 | 1.22% | 9.11% | -11.82% | $22.5M | 2.69% | +9,830 | +4.1% |
| 12 | DINO | HF SINCLAIR CORP | $71.39 | -1.98% | 101.47% | 186.46% | $22.5M | 2.69% | +2,151 | +0.6% |
| 13 | CMI | CUMMINS INC | $651.22 | -3.96% | 102.61% | 215.44% | $21.3M | 2.54% | −244 | −0.6% |
| 14 | BLDR | BUILDERS FIRSTSOURCE INC | $73.64 | -1.79% | -34.03% | 65.48% | $18.8M | 2.24% | +228,210 | NEW |
| 15 | DIS | DISNEY WALT CO | $99.71 | 0.37% | -11.49% | -42.02% | $14.7M | 1.76% | +6,801 | +4.7% |
| 16 | VLO | VALERO ENERGY CORP | $255.82 | -1.17% | 104.41% | 350.61% | $10.9M | 1.30% | −154,602 | −77.8% |
| 17 | XOM | EXXON MOBIL CORP | $149.92 | -1.39% | 48.36% | 212.97% | $9.8M | 1.17% | −39 | −0.1% |
| 18 | EQNR | EQUINOR ASA | $36.94 | -1.89% | 59.01% | 175.89% | $7.4M | 0.89% | −422,431 | −70.6% |
| 19 | PSKY | PARAMOUNT SKYDANCE CORP | $10.22 | -4.31% | -12.89% | -72.01% | $5.9M | 0.70% | −6,354 | −1.0% |
| 20 | TRV | TRAVELERS COMPANIES INC | $303.25 | 3.35% | 12.56% | 123.48% | $5.6M | 0.67% | — | HELD |
| 21 | MRK | MERCK & CO INC | $120.79 | 0.44% | 58.51% | 82.35% | $5.4M | 0.64% | +190 | +0.4% |
| 22 | COST | COSTCO WHOLESALE CORPORATION | $971.87 | -0.05% | -3.70% | 138.72% | $3.4M | 0.40% | −80 | −2.3% |
| 23 | GE | GE AEROSPACE | $328.00 | 0.11% | 28.99% | 419.83% | $2.7M | 0.32% | — | HELD |
| 24 | NXPI | NXP SEMICONDUCTORS N V | $295.96 | -8.15% | 45.22% | 56.38% | $2.6M | 0.31% | −302 | −2.3% |
| 25 | GLDM | WORLD GOLD TR | $85.42 | -3.67% | 30.23% | 136.75% | $2.2M | 0.27% | — | HELD |
| 26 | GEV | GE VERNOVA INC | $933.61 | -3.09% | 92.92% | 509.64% | $1.7M | 0.21% | — | HELD |
| 27 | SMHI | SEACOR MARINE HLDGS INC | $7.35 | -2.13% | 34.12% | 89.43% | $1.5M | 0.18% | — | HELD |
| 28 | CVX | CHEVRON CORPORATION | $187.31 | -0.55% | 39.19% | 125.88% | $1.3M | 0.15% | −326 | −5.1% |
| 29 | KO | COCA COLA CO | $79.48 | 3.46% | 14.62% | 60.54% | $1.2M | 0.14% | — | HELD |
| 30 | AAPL | APPLE INC | $307.34 | -1.25% | 51.31% | 116.17% | $1.1M | 0.13% | — | HELD |
| 31 | AXP | AMERICAN EXPRESS CO | $310.66 | -0.60% | — | — | $1.0M | 0.12% | −5 | −0.1% |
| 32 | SGOV | ISHARES TR | $100.45 | 0.03% | — | — | $998K | 0.12% | +6,375 | +180.0% |
| 33 | PHYS | SPROTT ASSET MANAGEMENT LP | $32.54 | -3.76% | — | — | $846K | 0.10% | — | HELD |
| 34 | GOOG | ALPHABET INC | $365.76 | -0.95% | — | — | $698K | 0.08% | +2,432 | NEW |
| 35 | SHEL | SHELL PLC | $85.40 | -1.53% | — | — | $462K | 0.06% | — | HELD |
| 36 | MA | MASTERCARD INCORPORATED | $491.08 | 1.93% | — | — | $329K | 0.04% | +658 | NEW |
| 37 | GEHC | GE HEALTHCARE TECHNOLOGIES I | $64.67 | 1.35% | — | — | $326K | 0.04% | — | HELD |
| 38 | SIVR | ABRDN SILVER ETF TRUST | $64.68 | -8.10% | — | — | $304K | 0.04% | — | HELD |
| 39 | SYF | SYNCHRONY FINANCIAL | $70.84 | 0.08% | — | — | $302K | 0.04% | — | HELD |
| 40 | FLEX | FLEXTRONICS INTL LTD | $151.92 | -4.76% | — | — | $294K | 0.04% | — | HELD |
| 41 | PM | PHILIP MORRIS INTL INC | $178.29 | 1.89% | — | — | $291K | 0.03% | +1,762 | NEW |
| 42 | NFLX | NETFLIX INC. | $82.18 | 0.76% | — | — | $287K | 0.03% | +2,980 | NEW |
| 43 | PSX | PHILLIPS 66 | $183.08 | -0.58% | — | — | $268K | 0.03% | +1,472 | NEW |
| 44 | GOOGL | ALPHABET INC | $368.53 | -0.98% | — | — | $201K | 0.02% | — | HELD |
| 45 | OVV | OVINTIV INC | $56.70 | -4.37% | — | — | — | — | −16,487 | EXITED |
Source: SEC EDGAR · accession 0001941040-26-000373. 13F discloses long positions only — shorts, foreign equities, and options are excluded.