Investor: Guy Spier
Number of Assets: 14
Reporting Period: Q3 - 2025
Holdings at Report: $317,370,000
Return Since Report: +$11,223,281
Return Since Report: +3.54%
Company | Position | Activity | Shares | Port. % | Rep. Price | Curr. Price | Rep. Value | Curr. Value | Return Value | Return % |
|---|---|---|---|---|---|---|---|---|---|---|
| Alibaba Group Holding Limited (BABA) | Equity | 0% | 47,500 | 2.68% | $178.74 | $155.21 | $8,490,000 | $7,372,475 | -$1,117,525 | -13.16% |
| Alphabet Inc. (GOOGL) | Equity | 0% | 16,000 | 1.23% | $243.13 | $309.47 | $3,890,000 | $4,951,520 | +$1,061,520 | +27.29% |
| American Express Company (AXP) | Equity | 0% | 210,000 | 21.98% | $332.16 | $380.07 | $69,754,000 | $79,814,700 | +$10,060,700 | +14.42% |
| Bank Of America Corp. (BAC) | Equity | 0% | 767,845 | 12.48% | $51.59 | $55.00 | $39,613,000 | $42,227,636 | +$2,614,636 | +6.60% |
| Berkshire Hathaway Inc. (BRK-A) | Equity | 0% | 30 | 7.13% | $754,200.00 | $745,241.06 | $22,626,000 | $22,357,232 | -$268,768 | -1.19% |
| Berkshire Hathaway Inc. (BRK-B) | Equity | 0% | 140,600 | 22.27% | $502.74 | $497.61 | $70,685,000 | $69,963,263 | -$721,737 | -1.02% |
| Daily Journal Corp. (DJCO) | Equity | 0% | 11,500 | 1.69% | $465.13 | $495.79 | $5,349,000 | $5,701,528 | +$352,527 | +6.59% |
| Ferrari N.V. (RACE) | Equity | 0% | 60,000 | 9.13% | $482.97 | $367.04 | $28,978,000 | $22,022,400 | -$6,955,600 | -24.00% |
| Mastercard Inc. (MA) | Equity | 0% | 65,750 | 11.78% | $568.81 | $571.42 | $37,399,000 | $37,570,536 | +$171,536 | +0.46% |
| Micron Technology Inc. (MU) | Equity | -60.00% | 80,000 | 4.22% | $167.33 | $241.90 | $13,386,000 | $19,352,000 | +$5,966,000 | +44.57% |
| Moody's Corp. (MCO) | Equity | 0% | 27,000 | 4.05% | $476.48 | $485.10 | $12,865,000 | $13,097,700 | +$232,700 | +1.81% |
| Core Natural Resources Inc. (CNR) | Equity | +32.59% | 10,740 | 0.28% | $83.52 | $84.80 | $897,000 | $910,752 | +$13,752 | +1.53% |
| Alpha Metallurgical Resources Inc. (AMR) | Equity | 0% | 8,000 | 0.41% | $164.13 | $182.38 | $1,313,000 | $1,459,040 | +$146,040 | +11.12% |
| Seritage Growth Properties (SRG) | Equity | 0% | 500,000 | 0.67% | $4.25 | $3.59 | $2,125,000 | $1,792,500 | -$332,500 | -15.65% |