Christopher Bloomstran - Semper Augustus Investments Group Investment Strategy & Portfolio Analysis

According to the SEC 13F filed on Aug 14, 2026, Christopher Bloomstran's Semper Augustus Investments Group portfolio reflects a concentrated approach across 48 reported 13F positions as of quarter-end Jun 30, 2026. Portfolio returns are primarily driven by a small set of mega-cap compounders, with the top five holdings accounting for approximately 53% of total exposure and Berkshire Hathaway Inc. New alone contributing ~16%. While the portfolio includes 48 positions, economic outcomes are highly concentrated in a narrow set of large-cap financial and consumer defensive names. Exposure to high-growth and technology-oriented segments remains limited relative to peers, with performance instead anchored in durable, cash-generating businesses across financials, industrials, and consumer staples. The portfolio exhibits low turnover, consistent with a buy-and-hold posture held through multiple reporting cycles. Distinctive traits include Long-Term Holder, Structurally Diversified.