13F filing recap · Q3 2023

What did Semper Augustus buy in Q3 2023?

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

Stock value

$417.19M

Positions

Estimated turnover

12.2%

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

DGDollar General Corp$42.53Mreported value+255.9K shares+175.3%MCYMercury General Corp$37.88Mreported value+91.7K shares+7.3%NEMNewmont Corporation$19.46Mreported value+6.0K shares+1.2%KGCKinross Gold Corp$19.12Mreported value+15.2K shares+0.4%PARAParamount Global$15.01Mreported value+28.8K shares+2.5%ALKAlaska Air Group, Inc.$9.94Mreported value+13.6K shares+5.3%DISWalt Disney Co/$9.91Mreported value+229 shares+0.2%DLTRDollar Tree, Inc.$9.13Mreported value+9.4K shares+12.3%EQNREquinor Asa$7.84Mreported value+1.9K shares+0.8%NKENike, Inc.$1.08Mreported value+1 shares+0.0%

Reduced positions

BRK.BBerkshire Hathaway Inc$81.11Mreported value-3.0K shares-1.3%OLNOlin Corp$25.30Mreported value-13.0K shares-2.5%DINOHf Sinclair Corporation$15.27Mreported value-56.7K shares-17.5%CMICummins Inc$9.34Mreported value-384 shares