Aquamarine Capital Management, LLC

Managed by Guy Spier. $170.2M disclosed long-equity portfolio across 11 positions.

#StockValue% of Portfolio
1BERKSHIRE HATHAWAY INC DEL$50.7M29.76%
2AMERICAN EXPRESS CO$29.1M17.10%
3BK OF AMERICA CORP$23.9M14.04%
4MASTERCARD INCORPORATED$20.7M12.19%
5FERRARI N V$14.7M8.63%
6MICRON TECHNOLOGY INC$11.1M6.49%
7MOODYS CORP$7.3M4.31%
8ALIBABA GROUP HLDG LTD$5.4M3.17%
9DAILY JOURNAL CORP$3.0M1.75%
10SERITAGE GROWTH PPTYS$2.6M1.53%
11ALPHABET INC$1.7M1.02%

For full quarterly history, transactions, and the investor profile, see Guy Spier's page →

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Aquamarine Capital Management, LLC — overview

Guy Spier runs Aquamarine Capital Management, LLC. Buffett devotee who literally moved to Zurich to get away from Wall Street noise. Deeply reflective, concentrated, long-horizon — a practitioner as much as a philosopher of value investing. As of the Q2 2022 13F filing, the disclosed long-equity portfolio is valued at $170M across 11 positions. The largest holdings are BERKSHIRE HATHAWAY INC DEL, AMERICAN EXPRESS CO, and BK OF AMERICA CORP (BERKSHIRE HATHAWAY INC DEL alone is 29.8% of the book).

Key takeaways

  • Disclosed Q2 2022 portfolio: $170M.
  • Top holdings: BERKSHIRE HATHAWAY INC DEL, AMERICAN EXPRESS CO, and BK OF AMERICA CORP.