13F filing recap · Q1 2024

What did Semper Augustus buy in Q1 2024?

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

Stock value

$546.72M

Positions

Estimated turnover

4.6%

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

PSXPhillips 66$240.4Kreported value+1.5K shares SAIASaia, Inc.$234.0Kreported value+400 shares

Increased positions

MCYMercury General Corp$71.94Mreported value+3.0K shares+0.2%DGDollar General Corp$65.43Mreported value+3.1K shares+0.8%KGCKinross Gold Corp$27.41Mreported value+69.9K shares+1.6%NEMNewmont Corporation$21.70Mreported value+21.3K shares

Reduced positions

BRK.BBerkshire Hathaway Inc$97.48Mreported value-1.7K shares-0.7%OLNOlin Corp$29.71Mreported value-189 shares-0.0%DISWalt Disney Co/$16.05Mreported value-69.1K shares-34.5%NXPINxp Semiconductors N.v.$6.06Mreported value-21 shares

Exited positions

PEPPepsico, Inc.$247.5Kprior reported value-1.5K shares-100.0%