SEMPER AUGUSTUS INVESTMENTS GROUP LLC
•CIK: 1115373•Filing: Q4 2025
**SEMPER AUGUSTUS INVESTMENTS GROUP LLC** manages $870M across a concentrated portfolio of 39 positions. The fund exhibits significant conviction in value and cyclical names, evidenced by top holdings including BRK/B at $125.3M and DG at $122.9M. Notable allocations also include BRK/A ($87.6M) and DECK ($66.3M), suggesting a deep focus on established industrial and resource sectors. This structure points to a disciplined, high-conviction approach to capital deployment.
Total AUM
$869.6M
QoQ Performance
+8.5%
Positions
38
Top 10 Concentration
82.1%
Latest Filing
Q4 2025
Top Holdings Allocation
BRK.B
DG
BRK.A
DECK
NEM
DLTR
KGC
FIVE
BRK.B14.4%
DG14.1%
BRK.A10.1%
DECK7.6%
NEM7.6%
DLTR7.3%
KGC6.8%
FIVE5.7%
📈 Biggest Buys
📉 Biggest Sells
Sector Breakdown
Other89.2%
Energy4.6%
Consumer2.7%
Communication1.9%
Healthcare0.5%
Technology0.5%
Industrial0.3%
Financial0.1%
🚪 Exited Positionssold since Q3 2025
Changes from Q3 2025
NEW2 new positions
↑11 increased
↓14 decreased
Historical Filings
Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022