Christopher Bloomstran - Semper Augustus Investments Group 13F Activity & Position Changes (Q3 2025)

According to the SEC 13F filed on Nov 14, 2025, the Semper Augustus Investments Group portfolio showed several notable changes in holdings as of quarter-end Sep 30, 2025. 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 Q3 2025, the filing reported:

New Buys - Phillips 66

Increases - Alaska Air Group, Inc., Berkshire Hathaway Inc. New, Deckers Outdoor Corporation, HF Sinclair Corporation, Walt Disney Company (The), and 6 more

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

Complete Exits - Paramount Global

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
Q3 2025	ALK Alaska Air Group, Inc.	Alaska Air Group, Inc.	Buy	+6,578	+1.8%	$18.85M	378,591
Q3 2025	AXP American Express Company	American Express Company	Sell	-326	-7.4%	$1.36M	4,106
Q3 2025	BRK-B Berkshire Hathaway Inc. New	Berkshire Hathaway Inc. New	Buy	+3,575	+1.4%	$125.81M	250,239
Q3 2025	CMI Cummins Inc.	Cummins Inc.	Sell	-103	-0.3%	$16.87M	39,936
Q3 2025	COST Costco Wholesale Corporation	Costco Wholesale Corporation	Sell	-333	-8.8%	$3.18M	3,435
Q3 2025	DECK Deckers Outdoor Corporation	Deckers Outdoor Corporation	Buy	+164,318	+78.1%	$38.00M	374,841
Q3 2025	DG Dollar General Corporation	Dollar General Corporation	Sell	-293	-0.0%	$95.68M	925,826
Q3 2025	DINO HF Sinclair Corporation	HF Sinclair Corporation	Buy	+7,778	+2.2%	$18.67M	356,712
Q3 2025	DIS Walt Disney Company (The)	Walt Disney Company (The)	Buy	+1,139	+0.8%	$16.66M	145,536
Q3 2025	DLTR Dollar Tree, Inc.	Dollar Tree, Inc.	Sell	-1,239	-0.2%	$47.67M	505,157
Q3 2025	EQNR Equinor ASA	Equinor ASA	Buy	+63,513	+12.4%	$13.99M	573,731
Q3 2025	FIVE Five Below, Inc.	Five Below, Inc.	Sell	-14,465	-4.5%	$47.70M	308,341
Q3 2025	GLDM SPDR Gold MiniShares Trust	SPDR Gold MiniShares Trust	Buy	+2,863	+16.8%	$1.52M	19,864
Q3 2025	KGC Kinross Gold Corporation	Kinross Gold Corporation	Sell	-496,969	-16.1%	$64.36M	2,589,755
Q3 2025	KO Coca-Cola Company (The)	Coca-Cola Company (The)	Sell	-294	-1.9%	$1.02M	15,328
Q3 2025	N6596X109 NXP Semiconductors	NXP Semiconductors	Sell	-164	-1.2%	$3.05M	13,394
Q3 2025	NEM Newmont Corporation	Newmont Corporation	Buy	+62	+0.0%	$57.18M	678,207
Q3 2025	OLN Olin Corporation	Olin Corporation	Buy	+1,126,809	+141.3%	$48.09M	1,924,245
Q3 2025	PARA Paramount Global	Paramount Global	Sell - Position Exit	-1,681,694	-100.0%	$0.00	-
Q3 2025	PSX Phillips 66	Phillips 66	Buy - Position Entry	+1,472	-	$200.22K	1,472
Q3 2025	SBUX Starbucks Corporation	Starbucks Corporation	Sell	-120	-0.1%	$20.22M	238,961
Q3 2025	SGOV iShares 0-3 Month Treasury Bond	iShares 0-3 Month Treasury Bond	Sell	-2,563	-31.5%	$560.40K	5,565
Q3 2025	TRV The Travelers Companies, Inc.	The Travelers Companies, Inc.	Sell	-155	-0.8%	$5.33M	19,100
Q3 2025	VLO Valero Energy Corporation	Valero Energy Corporation	Buy	+820	+0.4%	$33.97M	199,527
Q3 2025	XOM Exxon Mobil Corporation	Exxon Mobil Corporation	Buy	+1,007	+1.8%	$6.52M	57,840