13F filing recap · Q4 2018

What did Semper Augustus buy in Q4 2018?

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

Stock value

$155.67M

Positions

Estimated turnover

6.3%

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

NXPINxp Semiconductors N.v.$3.85Mreported value+22.2K shares+73.1%

Reduced positions

BRK.BBerkshire Hathaway Inc$36.96Mreported value-3.0K shares-1.6%BRK.ABerkshire Hathaway Inc$26.01Mreported value-1 shares-1.2%SBUXStarbucks Corporation$11.12Mreported value-3.8K shares-2.1%MCYMercury General Corp$7.81Mreported value-3.4K shares

Exited positions

SNYSanofi$5.51Mprior reported value-123.5K shares-100.0%