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 |
Alpha Metallurgical Resources
AMR
|
+$2.48M |
| 2 |
ARCH
Arch Resources, Inc.
ARCH
|
+$1.3M |
Top Sells
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 74.31% |
| 2 | Technology | 11.75% |
| 3 | Consumer Discretionary | 10.62% |
| 4 | Communication Services | 1.11% |
| 5 | Real Estate | 0.89% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
Berkshire Hathaway Class B
BRK.B
$1.06T
| $57.2M | 21.78% |
140,600
| – | – |
|
2
American Express
AXP
$227B
| $48.6M | 18.52% |
210,000
| – | – |
|
3
Bank of America
BAC
$431B
| $30.5M | 11.63% |
767,845
| – | – |
|
4
Mastercard
MA
$509B
| $29M | 11.05% |
65,750
| – | – |
|
5
Micron Technology
MU
$1.09T
| $26.3M | 10.02% |
200,000
| – | – |
|
6
Ferrari
RACE
$76.7B
| $24.5M | 9.32% |
60,000
| – | – |
|
|
7
Berkshire Hathaway Class A
BRK.A
$1.06T
| $18.4M | 7% |
30
| – | – |
|
8
Moody's
MCO
$87.2B
| $11.4M | 4.33% |
27,000
| – | – |
|
9
Daily Journal
DJCO
$827M
| $4.54M | 1.73% |
11,500
| – | – |
|
10
Alibaba
BABA
$286B
| $3.42M | 1.3% |
47,500
| – | – |
|
11
Alphabet (Google) Class A
GOOGL
$4.22T
| $2.91M | 1.11% |
16,000
| – | – |
|
|
SRG
12
Seritage Growth Properties
SRG
$120M
| $2.33M | 0.89% |
500,000
| – | – |
|
|
13
Alpha Metallurgical Resources
AMR
$2.66B
| $2.24M | 0.85% |
+8,000
| New | +$2.48M |
|
|
ARCH
14
DELISTED
Arch Resources, Inc.
ARCH
| $1.23M | 0.47% |
+8,100
| New | +$1.3M |
|
Similar funds
Guy Spier's Q2 2024 Portfolio in Review
As of Q2 2024, Guy Spier held 14 positions worth $263M, up 0.24% from $262M the previous quarter. Its ten largest holdings account for 97% of the portfolio.
Guy Spier's Q2 2024 filing shows 2 new positions. Its largest new stake was Alpha Metallurgical Resources: 8,000 shares worth $2.24M.
By sector, the portfolio is most concentrated in Financials at 74% of assets, down from 75% a quarter earlier, followed by Technology and Consumer Discretionary.
- Guy Spier's largest Q2 2024 buy was Alpha Metallurgical Resources: 8,000 shares worth $2.24M.
- Guy Spier's ten largest holdings make up 97% of its $263M portfolio in Q2 2024.
- Guy Spier opened 2 new positions and closed 0 in Q2 2024.
- Guy Spier's portfolio value rose 0.24% quarter-over-quarter to $263M.
Based on Aquamarine Zurich's 13F filing for Q2 2024, filed 11 Jul 2024.