Christopher Bloomstran Semper Augustus Investments Group
Christopher Bloomstran is the president of Semper Augustus Investments Group, a value-oriented firm with a multi-decade focus on capital preservation and thoughtful security selection. He is known for detailed annual letters that discuss portfolio construction, accounting quality, and long-term ownership of businesses such as Berkshire Hathaway. Bloomstran’s work is popular among investors who prefer process transparency over short-term trading narratives.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Olin
OLN
|
+$25M |
| 2 |
Deckers Outdoor
DECK
|
+$17.9M |
| 3 |
Skydance Corporation
SKYD
|
+$10.4M |
| 4 |
Berkshire Hathaway Class B
BRK.B
|
+$1.73M |
| 5 |
Equinor
EQNR
|
+$1.59M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Paramount Global Class B
PARA
|
+$21.7M |
| 2 |
Kinross Gold
KGC
|
+$9.6M |
| 3 |
Five Below
FIVE
|
+$2.05M |
| 4 |
Costco
COST
|
+$319K |
| 5 |
iShares 0-3 Month Treasury Bond ETF
SGOV
|
+$258K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 27.5% |
| 2 | Materials | 21.17% |
| 3 | Consumer Staples | 18.42% |
| 4 | Consumer Discretionary | 13.22% |
| 5 | Energy | 9.41% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
1
Berkshire Hathaway Class B
BRK.B
$1.24T
| $126M | 15.7% |
250,239
+3,575
| +1% | +$1.73M |
2013 Q2
49 quarters
|
|
2
Dollar General
DG
$30.2B
| $95.7M | 11.94% |
925,826
-293
| -0% | -$32.1K |
2017 Q1
34 quarters
|
|
3
Berkshire Hathaway Class A
BRK.A
$1.24T
| $87.5M | 10.92% |
116
| – | – |
2013 Q2
49 quarters
|
|
|
4
Kinross Gold
KGC
$25.5B
| $64.4M | 8.03% |
2,589,755
-496,969
| -16% | -$9.6M |
2013 Q2
49 quarters
|
|
5
Newmont
NEM
$125B
| $57.2M | 7.14% |
678,207
+62
| +0% | +$4.32K |
2013 Q2
49 quarters
|
|
|
6
Olin
OLN
$2B
| $48.1M | 6% |
1,924,245
+1,126,809
| +141% | +$25M |
2019 Q3
24 quarters
|
|
|
7
Five Below
FIVE
$13.9B
| $47.7M | 5.95% |
308,341
-14,465
| -4% | -$2.05M |
2024 Q2
5 quarters
|
|
8
Dollar Tree
DLTR
$26.3B
| $47.7M | 5.95% |
505,157
-1,239
| -0.2% | -$133K |
2021 Q3
16 quarters
|
|
|
9
Deckers Outdoor
DECK
$12B
| $38M | 4.74% |
374,841
+164,318
| +78% | +$17.9M |
2025 Q2
1 quarter
|
|
10
Valero Energy
VLO
$97.8B
| $34M | 4.24% |
199,527
+820
| +0.4% | +$122K |
2020 Q4
19 quarters
|
|
11
Starbucks
SBUX
$125B
| $20.2M | 2.52% |
238,961
-120
| -0.1% | -$10.7K |
2018 Q2
29 quarters
|
|
12
Alaska Air
ALK
$4.67B
| $18.8M | 2.35% |
378,591
+6,578
| +2% | +$366K |
2020 Q1
22 quarters
|
|
13
HF Sinclair
DINO
$16.8B
| $18.7M | 2.33% |
356,712
+7,778
| +2% | +$369K |
2020 Q4
19 quarters
|
|
14
Cummins
CMI
$62.2B
| $16.9M | 2.11% |
39,936
-103
| -0.3% | -$39.5K |
2018 Q3
28 quarters
|
|
15
Walt Disney
DIS
$205B
| $16.7M | 2.08% |
145,536
+1,139
| +0.8% | +$134K |
2018 Q2
29 quarters
|
|
|
16
Equinor
EQNR
$96.3B
| $14M | 1.75% |
573,731
+63,513
| +12% | +$1.59M |
2013 Q2
49 quarters
|
|
|
17
Skydance Corporation
SKYD
$40.6B
| $12.5M | 1.56% |
+659,284
| New | +$10.4M |
2025 Q3
0 quarters
|
|
18
ExxonMobil
XOM
$672B
| $6.52M | 0.81% |
57,840
+1,007
| +2% | +$112K |
2013 Q2
49 quarters
|
|
19
Travelers Companies
TRV
$82.2B
| $5.33M | 0.67% |
19,100
-155
| -0.8% | -$41.5K |
2013 Q2
49 quarters
|
|
20
Merck
MRK
$363B
| $3.73M | 0.47% |
44,443
| – | – |
2013 Q2
49 quarters
|
|
|
21
Costco
COST
$473B
| $3.18M | 0.4% |
3,435
-333
| -9% | -$319K |
2013 Q2
49 quarters
|
|
22
NXP Semiconductors
NXPI
$65.7B
| $3.05M | 0.38% |
13,394
-164
| -1% | -$36.9K |
2018 Q3
28 quarters
|
|
23
GE Aerospace
GE
$350B
| $2.81M | 0.35% |
9,352
| – | – |
2013 Q2
49 quarters
|
|
24
GE Vernova
GEV
$207B
| $2.11M | 0.26% |
3,436
| – | – |
2024 Q2
5 quarters
|
|
25
SPDR Gold MiniShares Trust
GLDM
$30.5B
| $1.52M | 0.19% |
19,864
+2,863
| +17% | +$196K |
2024 Q3
4 quarters
|
|
Similar funds
Christopher Bloomstran's Q3 2025 Portfolio in Review
As of Q3 2025, Christopher Bloomstran held 39 positions worth $801M, up 13% from $711M the previous quarter. Its ten largest holdings account for 81% of the portfolio.
Christopher Bloomstran's Q3 2025 filing shows 2 new, 11 increased, 12 reduced and 1 closed positions. Its largest new stake was Skydance Corporation: 659,284 shares worth $12.5M. The largest sale was Paramount Global Class B, an estimated $21.7M.
By sector, the portfolio is most concentrated in Financials at 27% of assets, down from 30% a quarter earlier, followed by Materials and Consumer Staples.
- Christopher Bloomstran's largest Q3 2025 buy was Skydance Corporation: 659,284 shares worth $12.5M.
- Christopher Bloomstran added most to Olin in Q3 2025, an estimated $25M increase.
- Christopher Bloomstran's biggest Q3 2025 reduction was Kinross Gold, cutting an estimated $9.6M.
- Christopher Bloomstran fully exited Paramount Global Class B in Q3 2025, selling an estimated $21.7M.
- Christopher Bloomstran's ten largest holdings make up 81% of its $801M portfolio in Q3 2025.
- Christopher Bloomstran opened 2 new positions and closed 1 in Q3 2025.
- Christopher Bloomstran's portfolio value rose 13% quarter-over-quarter to $801M.
Based on Semper Augustus Investments Group's 13F filing for Q3 2025, filed 14 Nov 2025.