SEMPER AUGUSTUS INVESTMENTS GROUP LLC
Sector Allocation
- Financials29.0%$256.2M
- Industrials18.1%$160.1M
- Consumer Staples16.4%$145.4M
- Consumer Discretionary10.2%$90.2M
- Materials8.9%$78.4M
- Healthcare5.5%$48.9M
- Energy4.7%$42.0M
- Technology4.6%$40.5M
- Communication Services2.5%$22.1M
- Other0.1%$862,742
AUM History
13fpro.ai/research/fund/semper-augustus-investments-group-llc-1115373
Conviction and streaks
Stable · top 10 = 78.9%From the fund's last 12 quarters of 13F filings: positions held longest at size, and names it added to or trimmed several quarters running.
Largest positions — Q2 2026
BRK.B
$136.7MALK
$93.6MBRK.A
$89.9MDG
$76.6MDECK
$66.5MDLTR
$64.1MBLDR
$49.5MOLN
$42.7MNEM
$41.8MKGC
$36.6MPAYX
$20.8MFIVE
$19.0MSPGI
$18.7MDINO
$17.6MDIS
$15.5MCTSH
$14.6MVLO
$9.9MCMI
$9.3MXOM.R34088
$7.8MSKYD
$6.4M
Top 20 stock positions. Options are left out: 13F reports them at the underlying's value.
13fpro.ai/research/fund/semper-augustus-investments-group-llc-1115373
SEMPER AUGUSTUS INVESTMENTS GROUP LLC 13F holdings — Q2 2026
$884.6M portfolio (+5.6% QoQ) · 50 holdings · Q2 2026 13F · top 10 are 79% of the stock portfolio
$136.7M
15.4% of stocks
+8%This quarter—Since filed10+ qtrsHeld$93.6M
10.6% of stocks
+6%This quarter-24.0%Since filed10+ qtrsHeld$89.9M
10.2% of stocks
+3%This quarter—Since filed10+ qtrsHeld$76.6M
8.7% of stocks
+3%This quarter+4.2%Since filed10+ qtrsHeld$66.5M
7.5% of stocks
+1%This quarter-13.7%Since filed5 qtrsHeld$64.1M
7.3% of stocks
+3%This quarter-3.5%Since filed10+ qtrsHeld$49.5M
5.6% of stocks
+143%This quarter-22.5%Since filed2 qtrsHeldAIQualityAI quality score is Pro: unlock with a free trialEst. buyEstimated buy price is Pro: unlock with a free trialAdded 2 qtrs in a row$42.7M
4.8% of stocks
+6%This quarter-16.5%Since filed10+ qtrsHeldAIQualityAI quality score is Pro: unlock with a free trialEst. buyEstimated buy price is Pro: unlock with a free trialAdded 2 qtrs in a row$41.8M
4.7% of stocks
-7%This quarter-6.3%Since filed10+ qtrsHeldAIQualityAI quality score is Pro: unlock with a free trialEst. buyEstimated buy price is Pro: unlock with a free trialTrimmed 3 qtrs in a row$36.6M
4.1% of stocks
+3%This quarter-18.0%Since filed10+ qtrsHeld
All holdings — SEMPER AUGUSTUS INVESTMENTS GROUP LLC (Q2 2026)
50 disclosed positions from the Form 13F-HR on SEC EDGAR, with quarter-over-quarter share changes. Largest by value first; the ten above are not repeated.
| # | Company | Held | Source | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 11 | PAYCHEX INC | Technology | $20.8M | 2.4% | 212K | New | 1 qtr | AI quality score is Pro: unlock with a free trial | 13F | |
| 12 | FIVE BELOW, INC | Consumer Discretionary | $19.0M | 2.1% | 106K | -45% | 9 qtrsTrimmed 4 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 13 | S&P Global Inc. | Financials | $18.7M | 2.1% | 46K | New | 1 qtr | AI quality score is Pro: unlock with a free trial | 13F | |
| 14 | HF Sinclair Corp | Energy | $17.6M | 2.0% | 252K | -30% | 10+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 15 | Walt Disney Co | Communication Services | $15.5M | 1.8% | 161K | +5% | 10+ qtrsAdded 2 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 16 | COGNIZANT TECHNOLOGY SOLUTIONS CORP | Technology | $14.6M | 1.6% | 378K | New | 1 qtr | AI quality score is Pro: unlock with a free trial | 13F | |
| 17 | VALERO ENERGY CORP/TX | Energy | $9.9M | 1.1% | 38K | -14% | 10+ qtrsTrimmed 2 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 18 | CUMMINS INC | Industrials | $9.3M | 1.1% | 13K | -67% | 10+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 19 | EXXON MOBIL CORP | Energy | $7.8M | 0.9% | 57K | -0.6% | 10+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 20 | Skydance Corp | Communication Services | $6.4M | 0.7% | 649K | -0.6% | 4 qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 21 | TRAVELERS COMPANIES, INC. | Financials | $6.3M | 0.7% | 19K | — | 10+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 22 | Merck & Co., Inc. | Healthcare | $5.7M | 0.7% | 45K | — | 10+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 23 | EQUINOR ASAadr | Energy | $5.1M | 0.6% | 161K | -8% | 10+ qtrsTrimmed 2 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 24 | STARBUCKS CORP | Consumer Discretionary | $4.7M | 0.5% | 46K | -82% | 10+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 25 | GENERAL ELECTRIC CO | Industrials | $3.5M | 0.4% | 9,352 | — | 10+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 26 | $COST | COSTCO WHOLESALE CORP /NEW | Consumer Staples | $3.1M | 0.3% | 3,354 | -0.4% | |||
| 27 | $GEV | GE Vernova Inc. | Industrials | $2.3M | 0.3% | 1,994 | — | |||
| 28 | $NXPI | NXP Semiconductors N.V. | Technology | $2.2M | 0.2% | 7,662 | -41% | |||
| 29 | $GLDM | World Gold Trust | Financials | $1.9M | 0.2% | 24K | +0.4% | |||
| 30 | $SMHI | SEACOR Marine Holdings Inc. | Industrials | $1.6M | 0.2% | 208K | — | |||
| 31 | $AAPL | Apple Inc. | Technology | $1.3M | 0.1% | 4,640 | +12% | |||
| 32 | $KO | COCA COLA CO | Consumer Staples | $1.2M | 0.1% | 15K | — | |||
| 33 | $AXP | AMERICAN EXPRESS CO | Financials | $1.1M | 0.1% | 3,311 | -4% | |||
| 34 | $CVX | CHEVRON CORP | Energy | $1.0M | 0.1% | 6,063 | — | |||
| 35 | — | ISHARES TR - 0-3 MTH TREASURY | — | $863K | 0.1% | 8,570 | -14% | |||
| 36 | $GOOG | Alphabet Inc. | Technology | $859K | 0.1% | 2,432 | — | |||
| 37 | $PHYS | Sprott Physical Gold Trust | Financials | $720K | 0.1% | 24K | — | |||
| 38 | $SHEL | Shell plc | Energy | $385K | 0.0% | 4,968 | — | |||
| 39 | $MA | Mastercard Inc | Financials | $338K | 0.0% | 658 | — | |||
| 40 | $SYF | Synchrony Financial | Financials | $337K | 0.0% | 4,437 | — | |||
| 41 | $PM | Philip Morris International Inc. | Consumer Staples | $319K | 0.0% | 1,762 | — | |||
| 42 | $GEHC | GE HealthCare Technologies Inc. | Healthcare | $293K | 0.0% | 4,581 | — | |||
| 43 | $GOOGL | Alphabet Inc. | Technology | $250K | 0.0% | 700 | — | |||
| 44 | $PSX | Phillips 66 | Energy | $249K | 0.0% | 1,472 | — | |||
| 45 | $MSFT | MICROSOFT CORP | Technology | $239K | 0.0% | 641 | New | |||
| 46 | $SIVR | abrdn Silver ETF Trust | Financials | $239K | 0.0% | 4,245 | — | |||
| 47 | $MCHP | MICROCHIP TECHNOLOGY INC | Technology | $221K | 0.0% | 2,418 | New | |||
| 48 | $NFLX | NETFLIX INC | Communication Services | $213K | 0.0% | 2,980 | — | |||
| 49 | $SUNB | Sunbelt Rentals Holdings, Inc. | Industrials | $208K | 0.0% | 2,774 | New | |||
| 50 | $JNJ | JOHNSON & JOHNSON | Healthcare | $202K | 0.0% | 794 | New |
What changed in Q2 2026
Against the previous quarter's 13F: 7 new, 12 added to, 13 trimmed, 1 sold out. Share-count changes; largest moves by dollar size first.
New positions (7)
first bought this quarter
first bought this quarter
first bought this quarter
$MSFTMICROSOFT CORP$239K
first bought this quarter
$MCHPMICROCHIP TECHNOLOGY INC$221K
first bought this quarter
$SUNBSunbelt Rentals Holdings, Inc.$208K
first bought this quarter
+1 more in the Excel export
Added to (12)
now $49.5M · held 2 qtrs, 2 adds in a row
now $136.7M · held 10+ qtrs, 2 adds in a row
now $93.6M · held 10+ qtrs, 5 adds in a row
now $89.9M · held 10+ qtrs
now $42.7M · held 10+ qtrs, 2 adds in a row
now $64.1M · held 10+ qtrs
+6 more in the Excel export
Trimmed (13)
$SBUXSTARBUCKS CORP-82%
now $4.7M · held 10+ qtrs
now $9.3M · held 10+ qtrs
now $19.0M · held 9 qtrs, 4 trims in a row
now $17.6M · held 10+ qtrs
now $41.8M · held 10+ qtrs, 3 trims in a row
now $9.9M · held 10+ qtrs, 2 trims in a row
+7 more in the Excel export
Sold out (1)
$FLEXFLEX LTD.was $294K
held 4 qtrs
Holdings by quarter
Every 13F SEMPER AUGUSTUS INVESTMENTS GROUP LLC has filed, 41 earlier quarters. Pick one to see what it held then.
Is it too late to follow SEMPER AUGUSTUS INVESTMENTS GROUP?
Q2 2026 13F filed with the SEC on Aug 14, 2026. Prices are closing prices as of Oct 26, 2026.
Average quality of SEMPER AUGUSTUS INVESTMENTS GROUP's top 20 holdings: 65/100 (our AI quality score, weighted by position size; 19 of the 20 are scored)
Top 10 since filing
-12.3%
Value-weighted move of the 10 largest stock positions
Turnover
8%
Last quarter; 25% over the last 4
Top 10 weight
79%
Share of the stock portfolio in its 10 largest positions
Held 4+ quarters
88%
Share of portfolio value in positions held a year or more
Highest-quality names it owns(among its 100 largest positions)
The 8 highest-scoring companies in this portfolio are a Pro feature.
How these are measured
- Moves since the quarter-end and since the filing date use our own daily closing prices, from the close on (or just before) each date to the latest close.
- Turnover is the lesser of shares bought or sold in a quarter, valued at the quarter-end prices in the 13F, divided by the average of the two quarters' stock portfolio values.
- Quarters held and add/trim streaks count back only through quarters whose filed holdings add up to the filing's own cover-page total (back to Q1 2024 for this fund). A change counts as an add or a trim when the split-adjusted share count moves by more than 1%.
- Estimate, not the fund's reported cost. For each quarter in the current holding period in which the fund's share count rose (split-adjusted), we take that quarter's average daily close and weight it by the shares added; sales do not change an average cost. Quarters where the stock's price history and the 13F's own implied price disagree by more than 2x are left out.
- Put and call option rows report the value of the underlying shares, not a position the fund paid for, so they are left out of all of the above.
Portfolio Overview
SEMPER AUGUSTUS INVESTMENTS GROUP LLC disclosed 50 positions worth $884.6M in its Form 13F-HR for Q2 2026, led by $BRK.B (BERKSHIRE HATHAWAY INC) at 15.4% of the equity portfolio, followed by $ALK and $BRK.A. During the quarter the fund opened 7 new positions and exited 1 — including a new stake in $PAYX and a full exit from $FLEX. The portfolio is most concentrated in Financials (29.0% of disclosed assets). All figures are sourced directly from SEMPER AUGUSTUS INVESTMENTS GROUP LLC’s Form 13F-HR filing with the SEC under CIK 1115373.
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