13F filing recap · Q1 2018

What did Semper Augustus buy in Q1 2018?

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

Stock value

$143.75M

Positions

Estimated turnover

6.8%

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.

Increased positions

BRK.BBerkshire Hathaway Inc$36.19Mreported value+2.7K shares+1.5%XOMExxon Mobil Corp.$8.40Mreported value+6.5K shares+6.1%MCYMercury General Corp$7.16Mreported value+91.4K shares+141.1%SMHISeacor Marine Holdings Inc.$6.39Mreported value+7.3K shares+2.2%DGDollar General Corp$5.61Mreported value+314 shares+0.5%KGCKinross Gold Corp$4.39Mreported value+730.4K shares+191.4%DSTDst Systems Inc$949.0Kreported value+1.2K shares+12.0%

Reduced positions

NEMNewmont Corporation$6.87Mreported value-15.4K shares-8.1%GGGoldcorp Inc.$5.34Mreported value-13.8K shares-3.4%HXLHexcel Corp /de/$4.30Mreported value-790 shares-1.2%SNYSanofi$4.17Mreported value-1.1K shares