Semper Augustus Investments Group LLC

Bought Builders Firstsource, sold out of Ovintiv. Portfolio down 4% to $837.3M.

$837.3M portfolio44 holdingstop 10 = 80%filed 2026-05-15

1Berkshire Hathaway Inc Del14.48%
$121.2M - 253K shares+4K
2Berkshire Hathaway Inc Del9.95%
$83.3M - 116 shares-
3DGDollar Gen Corp9.19%
$77.0M - 648K shares-278K
4DECKDeckers Outdoor Corp7.90%
$66.2M - 661K shares+21K
5ALKAlaska Air Group Inc7.45%
$62.3M - 1.7M shares+1.3M
6OLNOlin Corp7.21%
$60.3M - 2.0M shares+86K
7DLTRDollar Tree Inc6.72%
$56.2M - 513K shares+825
8NEMNewmont Corp6.19%
$51.9M - 479K shares-184K
9KGCKinross Gold Corp5.50%
$46.1M - 1.5M shares-604K
10FIVEFive Below Inc5.26%
$44.0M - 193K shares-73K
11SBUXStarbucks Corp2.69%
$22.5M - 251K shares+10K
12DINOHF Sinclair Corp2.69%
$22.5M - 361K shares+2K
13CMICummins Inc2.54%
$21.3M - 40K shares-244
14BLDRBuilders Firstsource Inc2.24%
$18.8M - 228K sharesNEW
15DISDisney Walt Co1.76%
$14.7M - 153K shares+7K
16VLOValero Energy Corp1.30%
$10.9M - 44K shares-155K
17XOMExxon Mobil Corp1.17%
$9.8M - 58K shares-39
18EQNREquinor Asa0.89%
$7.4M - 176K shares-422K
19PSKYParamount Skydance Corp0.70%
$5.9M - 653K shares-6K
20TRVTravelers Companies Inc0.67%
$5.6M - 19K shares-
21MRKMerck & Co Inc0.64%
$5.4M - 45K shares+190
22COSTCostco Wholesale Corporati0.40%
$3.4M - 3K shares-80
23GEGe Aerospace0.32%
$2.7M - 9K shares-
24NXP Semiconductors N V0.31%
$2.6M - 13K shares-302
25GLDMWorld Gold TR0.27%
$2.2M - 24K shares-
26GEVGe Vernova Inc0.21%
$1.7M - 2K shares-
27SMHISeacor Marine Hldgs Inc0.18%
$1.5M - 208K shares-
28CVXChevron Corporation0.15%
$1.3M - 6K shares-326
29KOCoca Cola Co0.14%
$1.2M - 15K shares-
30AAPLApple Inc0.13%
$1.1M - 4K shares-
31AXPAmerican Express Co0.12%
$1.0M - 3K shares-5
32SGOViShares TR0.12%
$998K - 10K shares+6K
33PHYSSprott Asset Management LP0.10%
$846K - 24K shares-
34GOOGAlphabet Inc0.08%
$698K - 2K sharesNEW
35SHELShell PLC0.06%
$462K - 5K shares-
36MAMastercard Incorporated0.04%
$329K - 658 sharesNEW
37GEHCGe Healthcare Technologies0.04%
$326K - 5K shares-
38SIVRAbrdn Silver Etf Trust0.04%
$304K - 4K shares-
39SYFSynchrony Financial0.04%
$302K - 4K shares-
40Flextronics Intl LTD0.04%
$294K - 4K shares-
41PMPhilip Morris Intl Inc0.03%
$291K - 2K sharesNEW
42NFLXNetflix Inc.0.03%
$287K - 3K sharesNEW
43PSXPhillips 660.03%
$268K - 1K sharesNEW
44GOOGLAlphabet Inc0.02%
$201K - 700 shares-

#	Stock
1	Berkshire Hathaway Inc Del	14.48%	$121.2M	253K	+4K
2	Berkshire Hathaway Inc Del	9.95%	$83.3M	116	-
3	DGDollar Gen Corp	9.19%	$77.0M	648K	-278K
4	DECKDeckers Outdoor Corp	7.90%	$66.2M	661K	+21K
5	ALKAlaska Air Group Inc	7.45%	$62.3M	1.7M	+1.3M
6	OLNOlin Corp	7.21%	$60.3M	2.0M	+86K
7	DLTRDollar Tree Inc	6.72%	$56.2M	513K	+825
8	NEMNewmont Corp	6.19%	$51.9M	479K	-184K
9	KGCKinross Gold Corp	5.50%	$46.1M	1.5M	-604K
10	FIVEFive Below Inc	5.26%	$44.0M	193K	-73K
11	SBUXStarbucks Corp	2.69%	$22.5M	251K	+10K
12	DINOHF Sinclair Corp	2.69%	$22.5M	361K	+2K
13	CMICummins Inc	2.54%	$21.3M	40K	-244
14	BLDRBuilders Firstsource Inc	2.24%	$18.8M	228K	NEW
15	DISDisney Walt Co	1.76%	$14.7M	153K	+7K
16	VLOValero Energy Corp	1.30%	$10.9M	44K	-155K
17	XOMExxon Mobil Corp	1.17%	$9.8M	58K	-39
18	EQNREquinor Asa	0.89%	$7.4M	176K	-422K
19	PSKYParamount Skydance Corp	0.70%	$5.9M	653K	-6K
20	TRVTravelers Companies Inc	0.67%	$5.6M	19K	-
21	MRKMerck & Co Inc	0.64%	$5.4M	45K	+190
22	COSTCostco Wholesale Corporati	0.40%	$3.4M	3K	-80
23	GEGe Aerospace	0.32%	$2.7M	9K	-
24	NXP Semiconductors N V	0.31%	$2.6M	13K	-302
25	GLDMWorld Gold TR	0.27%	$2.2M	24K	-
26	GEVGe Vernova Inc	0.21%	$1.7M	2K	-
27	SMHISeacor Marine Hldgs Inc	0.18%	$1.5M	208K	-
28	CVXChevron Corporation	0.15%	$1.3M	6K	-326
29	KOCoca Cola Co	0.14%	$1.2M	15K	-
30	AAPLApple Inc	0.13%	$1.1M	4K	-
31	AXPAmerican Express Co	0.12%	$1.0M	3K	-5
32	SGOViShares TR	0.12%	$998K	10K	+6K
33	PHYSSprott Asset Management LP	0.10%	$846K	24K	-
34	GOOGAlphabet Inc	0.08%	$698K	2K	NEW
35	SHELShell PLC	0.06%	$462K	5K	-
36	MAMastercard Incorporated	0.04%	$329K	658	NEW
37	GEHCGe Healthcare Technologies	0.04%	$326K	5K	-
38	SIVRAbrdn Silver Etf Trust	0.04%	$304K	4K	-
39	SYFSynchrony Financial	0.04%	$302K	4K	-
40	Flextronics Intl LTD	0.04%	$294K	4K	-
41	PMPhilip Morris Intl Inc	0.03%	$291K	2K	NEW
42	NFLXNetflix Inc.	0.03%	$287K	3K	NEW
43	PSXPhillips 66	0.03%	$268K	1K	NEW
44	GOOGLAlphabet Inc	0.02%	$201K	700	-

What a 13F does not show

Filed up to 45 days after the quarter ends, so this is Q1 2026, not today. US-listed shares and some options only. No short bets, cash, bonds, or foreign listings.