13F filing recap · Q2 2017

What did Semper Augustus buy in Q2 2017?

Reported stock-position changes between this filing and the previous one.

Stock value

$130.18M

Positions

Estimated turnover

8.6%

Turnover is a proxy: verified trade-origin share changes valued at period-end and divided by average reported stock value. SEC holdings reports do not disclose execution dates or prices. Corporate actions and unreconciled activity are excluded.

New positions

NKENike, Inc.$2.34Mreported value+39.6K shares SMHISeacor Marine Holdings Inc.$1.68Mreported value+82.4K shares

Increased positions

XOMExxon Mobil Corp.$8.57Mreported value+117 shares+0.1%DGDollar General Corp$4.22Mreported value+1.4K shares+2.4%MCYMercury General Corp$3.50Mreported value+1 shares+0.0%DSTDst Systems Inc$934.0Kreported value+7.6K shares

Reduced positions

BRK.BBerkshire Hathaway Inc$30.85Mreported value-161 shares-0.1%GGGoldcorp Inc.$5.71Mreported value-563 shares-0.1%SNYSanofi$5.04Mreported value-72 shares-0.1%HXLHexcel Corp /de/$4.35Mreported value-68 shares

Exited positions

JNJJohnson & Johnson$2.47Mprior reported value-19.8K shares-100.0%CBChubb Limited$820.0Kprior reported value-6.0K shares-100.0%