Guy Spier Aquamarine Zurich
Guy Spier is the founder of Aquamarine Capital and a well-known advocate of value investing in the Buffett-Munger tradition. He is the author of The Education of a Value Investor and is known for a patient, checklist-oriented process and limited portfolio turnover. Spier’s public holdings and writings attract individual investors who study behavioral discipline as much as stock picking.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Berkshire Hathaway Class B
BRK.B
|
+$40M |
| 2 |
American Express
AXP
|
+$31.8M |
| 3 |
Bank of America
BAC
|
+$25.7M |
| 4 |
Mastercard
MA
|
+$21.8M |
| 5 |
Ferrari
RACE
|
+$16M |
Top Sells
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 76.98% |
| 2 | Consumer Discretionary | 11.46% |
| 3 | Technology | 7.89% |
| 4 | Real Estate | 2.74% |
| 5 | Communication Services | 0.93% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
1
Berkshire Hathaway Class B
BRK.B
$1.16T
| $37.5M | 22.84% |
+140,600
| New | +$40M |
2022 Q3
0 quarters
|
|
|
2
American Express
AXP
$212B
| $28.3M | 17.24% |
+210,000
| New | +$31.8M |
2022 Q3
0 quarters
|
|
|
3
Bank of America
BAC
$350B
| $23.2M | 14.11% |
+767,845
| New | +$25.7M |
2022 Q3
0 quarters
|
|
|
4
Mastercard
MA
$546B
| $18.7M | 11.37% |
+65,750
| New | +$21.8M |
2022 Q3
0 quarters
|
|
|
5
Ferrari
RACE
$69B
| $15M | 9.15% |
+80,000
| New | +$16M |
2022 Q3
0 quarters
|
|
6
Berkshire Hathaway Class A
BRK.A
$1.16T
| $12.2M | 7.42% |
+30
| New | +$12.8M |
2022 Q3
0 quarters
|
|
7
Micron Technology
MU
$993B
| $10M | 6.1% |
+200,000
| New | +$11.6M |
2022 Q3
0 quarters
|
|
8
Moody's
MCO
$83.4B
| $6.56M | 3.99% |
+27,000
| New | +$7.84M |
2022 Q3
0 quarters
|
|
9
Seritage Growth Properties
SRG
$91.2M
| $4.51M | 2.74% |
+500,000
| New | +$5.72M |
2022 Q3
0 quarters
|
|
10
Alibaba
BABA
$248B
| $3.8M | 2.31% |
+47,500
| New | +$4.53M |
2022 Q3
0 quarters
|
|
11
Daily Journal
DJCO
$817M
| $2.95M | 1.79% |
+11,500
| New | +$3.04M |
2022 Q3
0 quarters
|
|
12
Alphabet (Google) Class A
GOOGL
$3.92T
| $1.53M | 0.93% |
+800
| New | +$88.7K |
2022 Q3
0 quarters
|
|
Similar funds
Guy Spier's Q3 2022 Portfolio in Review
Q3 2022 is the first quarter with a 13F filing on record for Guy Spier, which disclosed 12 positions worth $164M. Its ten largest holdings account for 97% of the portfolio.
Its largest position is Berkshire Hathaway Class B: 140,600 shares worth $37.5M.
By sector, the portfolio is most concentrated in Financials at 77% of assets, followed by Consumer Discretionary and Technology.
- Guy Spier's largest Q3 2022 buy was Berkshire Hathaway Class B: 140,600 shares worth $37.5M.
- Guy Spier's ten largest holdings make up 97% of its $164M portfolio in Q3 2022.
- Guy Spier disclosed 12 positions in Q3 2022, its first 13F filing on record.
Based on Aquamarine Zurich's 13F filing for Q3 2022, filed 8 Nov 2022.