Semper Augustus Investments Group 13F annual report

Semper Augustus Investments Group is an investment fund managing more than $423 billion ran by Chad Christensen. There are currently 32 companies in Mr. Christensen’s portfolio. The largest investments include Berkshire Hathaway and Mercury Genl Corp New, together worth $185 billion.

Limited to 30 biggest holdings

$423 billion Assets Under Management (AUM)

As of 7th August 2023, Semper Augustus Investments Group’s top holding is 234,659 shares of Berkshire Hathaway currently worth over $147 billion and making up 34.7% of the portfolio value. Relative to the number of outstanding shares of Berkshire Hathaway, Semper Augustus Investments Group owns less than 0.4% of the company. In addition, the fund holds 1,259,725 shares of Mercury Genl Corp New worth $38.1 billion. The third-largest holding is Olin worth $26.7 billion and the next is Dollar Gen Corp New worth $24.8 billion, with 146,025 shares owned.

Currently, Semper Augustus Investments Group's portfolio is worth at least $423 billion. The total portfolio value may be much higher due to cash assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.

Careers at Semper Augustus Investments Group

The Semper Augustus Investments Group office and employees reside in Highlands Ranch, Colorado. According to the last 13-F report filed with the SEC, Chad Christensen serves as the Vice President/Partner at Semper Augustus Investments Group.

Recent trades

In the most recent 13F filing, Semper Augustus Investments Group revealed that it had opened a new position in Apple Inc and bought 3,208 shares worth $622 million. This means they effectively own approximately 0.1% of the company. Apple Inc makes up 5.4% of the fund's Consumer Discretionary sector allocation and has decreased its share price by approximately 0.1% in the past year.

The investment fund also strengthened its position in Berkshire Hathaway by buying 8,358 additional shares. This makes their stake in Berkshire Hathaway total 234,659 shares worth $147 billion. Berkshire Hathaway dropped approximately 0.1% in the past year.

On the other hand, there are companies that Semper Augustus Investments Group is getting rid of from its portfolio. Semper Augustus Investments Group closed its position in Alleghany Corp Md on 14th August 2023. It sold the previously owned 20,681 shares for $17.2 million. Chad Christensen also disclosed a decreased stake in Olin by approximately 0.1%. This leaves the value of the investment at $26.7 billion and 519,139 shares.

One of the average hedge funds

The two most similar investment funds to Semper Augustus Investments Group are Baker Chad R and Cqs (us). They manage $423 billion and $424 billion respectively.

Chad Christensen investment strategy

Semper Augustus Investments Group’s portfolio is diversified across 8 sectors. Currently, their heaviest sector is Finance — making up 35.8% of the total portfolio value. The fund focuses on investments in the United States as 62.5% of the portfolio companies are based in the United States.

The majority of the companies in the fund’s portfolio are large-cap stocks. Stocks with a size of more than $10 billion in market cap make up 53% of the total holdings value. On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio. The average market cap of the portfolio companies is close to $220 billion.

The complete list of Semper Augustus Investments Group trades based on 13F SEC filings

These positions were updated on August 14th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.

Security	Shares Owned	Value	Allocation
Berkshire Hathaway Inc.	3.69% 234,659	$146,772,220,000	34.70%
Mercury Genl Corp New	782.15% 1,259,725	$38,131,886,000	9.01%
Olin Corp.	9.51% 519,139	$26,678,553,000	6.31%
Dollar Gen Corp New	231.12% 146,025	$24,792,125,000	5.86%
Newmont Corp	28.16% 520,677	$22,212,081,000	5.25%
Kinross Gold Corp.	15.53% 4,176,999	$19,924,285,000	4.71%
Paramount Global	18.72% 1,134,831	$18,055,161,000	4.27%
HF Sinclair Corporation	16.41% 325,025	$14,499,365,000	3.43%
Alaska Air Group Inc.	25.82% 254,566	$13,537,820,000	3.20%
Valero Energy Corp.	17.66% 97,893	$11,482,849,000	2.71%
Dollar Tree Inc	9.12% 76,335	$10,954,073,000	2.59%
Disney Walt Co	84.95% 122,023	$10,894,213,000	2.58%
Cummins Inc.	0.32% 41,272	$10,118,244,000	2.39%
Starbucks Corp.	1.78% 97,140	$9,622,688,000	2.27%
Nxp Semiconductors N V	9.62% 39,718	$8,129,480,000	1.92%
Exxon Mobil Corp.	53.41% 74,348	$7,973,829,000	1.89%
Equinor ASA	20.56% 237,162	$6,927,502,000	1.64%
Merck & Co Inc	0.07% 44,444	$5,128,393,000	1.21%
Travelers Companies Inc.	0.78% 20,155	$3,500,117,000	0.83%
SEACOR Marine Holdings Inc	1.77% 246,977	$2,822,947,000	0.67%
Costco Whsl Corp New	18.50% 4,172	$2,246,121,000	0.53%
General Electric Co.	7.08% 16,559	$1,819,006,000	0.43%
Coca-Cola Co	No change 22,425	$1,350,434,000	0.32%
Nike, Inc.	0.06% 11,342	$1,251,816,000	0.30%
American Express Co.	68.58% 6,426	$1,119,409,000	0.26%
Washington Fed Inc	54.94% 27,575	$731,289,000	0.17%
Apple Inc	Opened 3,208	$622,256,000	0.15%
Chevron Corp.	20.25% 3,253	$511,860,000	0.12%
Ge Healthcare Technologies I	Opened 4,581	$372,160,000	0.09%
Pepsico Inc	No change 1,582	$293,018,000	0.07%
Dow Inc	Opened 5,169	$275,301,000	0.07%
Shell Plc	14.38% 4,168	$251,664,000	0.06%
Alleghany Corp Md	Closed 20,681	$17,229,000
Hexcel Corp.	Closed 71,438	$3,737,000
No transactions found
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