Christopher Bloomstran - Semper Augustus Investments Group 13F Activity & Position Changes (Q1 2026)

According to the SEC 13F filed on May 15, 2026, the Semper Augustus Investments Group portfolio showed several notable changes in holdings as of quarter-end Mar 31, 2026. 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 2026, the filing reported:

New Buys - Builders FirstSource, Inc., Alphabet Inc., Mastercard Incorporated, Netflix, Inc., Philip Morris International Inc, and 1 more

Increases - Alaska Air Group, Inc., Berkshire Hathaway Inc. New, Deckers Outdoor Corporation, HF Sinclair Corporation, Walt Disney Company (The), and 5 more

Reductions - American Express Company, Cummins Inc., Costco Wholesale Corporation, Chevron Corporation, Dollar General Corporation, and 7 more

Complete Exits - Ovintiv Inc. (DE)

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 2026	ALK Alaska Air Group, Inc.	Alaska Air Group, Inc.	Buy	+1,285,780	+314.2%	$62.34M	1,695,062
Q1 2026	AXP American Express Company	American Express Company	Sell	-5	-0.1%	$1.04M	3,436
Q1 2026	BLDR Builders FirstSource, Inc.	Builders FirstSource, Inc.	Buy - Position Entry	+228,210	-	$18.79M	228,210
Q1 2026	BRK-B Berkshire Hathaway Inc. New	Berkshire Hathaway Inc. New	Buy	+3,814	+1.5%	$121.25M	253,025
Q1 2026	CMI Cummins Inc.	Cummins Inc.	Sell	-244	-0.6%	$21.27M	39,530
Q1 2026	COST Costco Wholesale Corporation	Costco Wholesale Corporation	Sell	-80	-2.3%	$3.35M	3,367
Q1 2026	CVX Chevron Corporation	Chevron Corporation	Sell	-326	-5.1%	$1.25M	6,063
Q1 2026	DECK Deckers Outdoor Corporation	Deckers Outdoor Corporation	Buy	+21,331	+3.3%	$66.16M	661,029
Q1 2026	DG Dollar General Corporation	Dollar General Corporation	Sell	-277,728	-30.0%	$76.96M	648,227
Q1 2026	DINO HF Sinclair Corporation	HF Sinclair Corporation	Buy	+2,151	+0.6%	$22.50M	360,678
Q1 2026	DIS Walt Disney Company (The)	Walt Disney Company (The)	Buy	+6,801	+4.7%	$14.71M	152,583
Q1 2026	DLTR Dollar Tree, Inc.	Dollar Tree, Inc.	Buy	+825	+0.2%	$56.23M	513,485
Q1 2026	EQNR Equinor ASA	Equinor ASA	Sell	-422,431	-70.6%	$7.43M	175,954
Q1 2026	FIVE Five Below, Inc.	Five Below, Inc.	Sell	-72,568	-27.4%	$44.02M	192,666
Q1 2026	GOOG Alphabet Inc.	Alphabet Inc.	Buy - Position Entry	+2,432	-	$697.64K	2,432
Q1 2026	KGC Kinross Gold Corporation	Kinross Gold Corporation	Sell	-603,992	-28.6%	$46.05M	1,508,941
Q1 2026	MA Mastercard Incorporated	Mastercard Incorporated	Buy - Position Entry	+658	-	$328.85K	658
Q1 2026	MRK Merck & Company, Inc.	Merck & Company, Inc.	Buy	+190	+0.4%	$5.37M	44,633
Q1 2026	N6596X109 NXP Semiconductors	NXP Semiconductors	Sell	-302	-2.3%	$2.56M	12,996
Q1 2026	NEM Newmont Corporation	Newmont Corporation	Sell	-184,101	-27.8%	$51.87M	479,138
Q1 2026	NFLX Netflix, Inc.	Netflix, Inc.	Buy - Position Entry	+2,980	-	$286.53K	2,980
Q1 2026	OLN Olin Corporation	Olin Corporation	Buy	+85,879	+4.4%	$60.33M	2,029,319
Q1 2026	OVV Ovintiv Inc. (DE)	Ovintiv Inc. (DE)	Sell - Position Exit	-16,487	-100.0%	$0.00	-
Q1 2026	PM Philip Morris International Inc	Philip Morris International Inc	Buy - Position Entry	+1,762	-	$291.33K	1,762
Q1 2026	PSX Phillips 66	Phillips 66	Buy - Position Entry	+1,472	-	$268.17K	1,472
Q1 2026	SBUX Starbucks Corporation	Starbucks Corporation	Buy	+9,830	+4.1%	$22.51M	251,300
Q1 2026	SGOV iShares 0-3 Month Treasury Bond	iShares 0-3 Month Treasury Bond	Buy	+6,375	+180.0%	$998.14K	9,916
Q1 2026	VLO Valero Energy Corporation	Valero Energy Corporation	Sell	-154,602	-77.8%	$10.89M	44,056
Q1 2026	XOM Exxon Mobil Corporation	Exxon Mobil Corporation	Sell	-39	-0.1%	$9.76M	57,517