Christopher Bloomstran - Semper Augustus Investments Group 13F Activity & Position Changes (Q1 2015)

According to the SEC 13F filed on Aug 14, 2026, the Semper Augustus Investments Group portfolio showed several notable changes in holdings as of quarter-end Mar 31, 2015. The activity included new positions, additions to existing holdings, reductions, and complete exits, providing a clear view of how the portfolio evolved during the quarter.

During Q1 2015, the filing reported:

New Buys - American Express Company, Medtronic

Increases - Berkshire Hathaway Inc. New, Microsoft Corporation

Reductions - Johnson & Johnson, Kinross Gold Corporation, Merck & Company, Inc., Newmont Corporation, Pepsico, Inc.

Complete Exits - None reported

These updates highlight how the portfolio adjusted across different sectors and market conditions, offering insights into allocation shifts and investment trends.

Date	Symbol	Name	Type	Change Qty	% Change	Value	Remaining
Q1 2015	AXP American Express Company	American Express Company	Buy - Position Entry	+24,143	-	$1.89K	24,143
Q1 2015	BRK-B Berkshire Hathaway Inc. New	Berkshire Hathaway Inc. New	Buy	+100	+0.1%	$28.41K	196,835
Q1 2015	JNJ Johnson & Johnson	Johnson & Johnson	Sell	-125	-0.6%	$2.04K	20,238
Q1 2015	KGC Kinross Gold Corporation	Kinross Gold Corporation	Sell	-700	-0.1%	$1.23K	550,678
Q1 2015	MDT Medtronic	Medtronic	Buy - Position Entry	+5,000	-	$390.00	5,000
Q1 2015	MRK Merck & Company, Inc.	Merck & Company, Inc.	Sell	-6,700	-7.8%	$4.54K	79,054
Q1 2015	MSFT Microsoft Corporation	Microsoft Corporation	Buy	+539	+0.6%	$3.50K	86,014
Q1 2015	NEM Newmont Corporation	Newmont Corporation	Sell	-300	-0.4%	$1.83K	84,093
Q1 2015	PEP Pepsico, Inc.	Pepsico, Inc.	Sell	-50	-0.2%	$2.16K	22,593