Investor: Guy Spier
Number of Assets: 14
Reporting Period: Q2 - 2025
Holdings at Report: $309,842,000
Return Since Report: +$208,567,615
Return Since Report: +67.31%
Company | Position | Activity | Shares | Port. % | Rep. Price | Curr. Price | Rep. Value | Curr. Value | Return Value | Return % |
|---|---|---|---|---|---|---|---|---|---|---|
| American Express Company (AXP) | Equity | 0% | 210,000 | 21.62% | $318.98 | $338.00 | $66,986,000 | $70,980,000 | +$3,994,000 | +5.96% |
| Bank Of America Corp. (BAC) | Equity | 0% | 767,845 | 11.73% | $47.32 | $56.20 | $36,334,000 | $43,152,889 | +$6,818,889 | +18.77% |
| Alibaba Group Holding Limited (BABA) | Equity | 0% | 47,500 | 1.74% | $113.41 | $107.10 | $5,387,000 | $5,087,250 | -$299,750 | -5.56% |
| Berkshire Hathaway Inc. (BRK-B) | Equity | 0% | 140,600 | 22.04% | $485.77 | $489.46 | $68,299,000 | $68,818,076 | +$519,076 | +0.76% |
| Daily Journal Corp. (DJCO) | Equity | 0% | 11,500 | 1.57% | $422.26 | $529.04 | $4,856,000 | $6,083,960 | +$1,227,960 | +25.29% |
| Micron Technology Inc. (MU) | Equity | 0% | 200,000 | 7.96% | $123.25 | $1,133.99 | $24,650,000 | $226,798,000 | +$202,148,000 | +820.07% |
| Alphabet Inc. (GOOGL) | Equity | 0% | 16,000 | 0.91% | $176.25 | $368.03 | $2,820,000 | $5,888,480 | +$3,068,480 | +108.81% |
| Ferrari N.V. (RACE) | Equity | 0% | 60,000 | 8.06% | $416.10 | $362.13 | $24,966,000 | $21,727,800 | -$3,238,200 | -12.97% |
| Moody's Corp. (MCO) | Equity | 0% | 27,000 | 4.37% | $501.59 | $450.67 | $13,543,000 | $12,168,090 | -$1,374,910 | -10.15% |
| Berkshire Hathaway Inc. (BRK-A) | Equity | 0% | 30 | 7.06% | $728,800.00 | $733,610.00 | $21,864,000 | $22,008,300 | +$144,300 | +0.66% |
| Mastercard Inc. (MA) | Equity | 0% | 65,750 | 11.92% | $561.95 | $489.79 | $36,948,000 | $32,203,693 | -$4,744,308 | -12.84% |
| Core Natural Resources Inc. (CNR) | Equity | -24.58% | 8,100 | 0.24% | $92.47 | $83.57 | $749,000 | $676,917 | -$72,083 | -9.62% |
| Alpha Metallurgical Resources Inc. (AMR) | Equity | 0% | 8,000 | 0.29% | $112.50 | $185.77 | $900,000 | $1,486,160 | +$586,160 | +65.13% |
| Seritage Growth Properties (SRG) | Equity | 0% | 500,000 | 0.50% | $3.08 | $2.66 | $1,540,000 | $1,330,000 | -$210,000 | -13.64% |