Christopher Bloomstran's Portfolio: Heavyweights in Financials, Consumer Goods, and Materials
Semper Augustus Investments Group's portfolio, as of March 31, 2026, features significant allocations to Financial Services, Consumer Defensive, and Basic Materials sectors, with notable changes in holdings.
Top Holdings Analysis
The portfolio's largest position is BRK-B, representing approximately 14.48% of the total value. Berkshire Hathaway Inc. DEL (BRK-B) holds 253,025 shares, valued at $121,249,580. Other significant holdings include Dollar Gen Corp (DG) at $76,964,012 (9.19%), Decker's Outdoor Corp (DECK) at $66,162,393 (7.9%), and Olin Corp (OLN) at $60,331,666 (7.21%).
Portfolio Concentration
The portfolio demonstrates a clear concentration in specific sectors. Financial Services is the most heavily weighted sector, accounting for the largest allocation percentage. Consumer Defensive and Basic Materials follow, each representing significant portions of the portfolio. This suggests a strategy focused on established businesses and essential goods, potentially seeking stability and exposure to cyclical materials growth.
Recent Changes in Holdings
Several holdings show significant changes from the previous period. Notably, Alaska Air Group Inc. (ALK) saw a massive increase in shares held, up by 314.16% (over 1.2 million additional shares), indicating a strong conviction in this stock. Conversely, Kinross Gold Corp. (KGC) experienced a substantial decrease, with a 28.59% reduction in shares. Other notable changes include Dollar Tree Inc. (DLTR) with a small increase, and Newmont Corp. (NEM) with a significant decrease of 27.76% in shares.
Investment Strategy and Sectors
The portfolio's allocation points towards an investment strategy favoring established, potentially undervalued large-cap entities in Financial Services, alongside exposure to defensive consumer goods and cyclical materials. The inclusion of consumer cyclical stocks like Deckers Outdoor Corp. (DECK) and Starbucks Corp. (SBUX) adds a consumer-focused element. The strategy appears to balance stability (Financial Services, Consumer Defensive) with potential growth (Materials, Consumer Cyclical) and value investing (highlighted by the large position in BRK-B). The significant change in ALK suggests opportunistic buying in a specific sector performer, while the reduction in KGC and NEM indicates a rebalancing or reduced confidence in certain materials plays.