Tracking Guy Spier's Aquamarine Capital Portfolio – Q2 2019 Update


  • Aquamarine Capital’s 13F portfolio value increased from $181M to $193M. 
  • The portfolio stayed steady during the quarter. 
  • Berkshire Hathaway and Ferrari N V are the largest two positions. 


Guy Spier’s Aquamarine Capital Portfolio value increased ~7% from $181M to $193M during the quarter. The portfolio is very concentrated with just 10 positions. The largest five positions are Berkshire Hathaway (BRK.A), Ferrari NV (RACE), Fiat Chrysler Auto (FCAU), American Express (AXP), and Bank of America (BAC). They together add up to ~78% of the entire portfolio. Most of the top positions have remained steady in recent quarters.

Below is a spreadsheet that highlights the changes to the portfolio as of Q2 2019. Please check out our previous update to have an idea on how the portfolio is progressing:




To learn more about how to profit from a strategy of cloning hedge fund picks, check out our book Profiting from Hedge Funds: Winning Strategies for the Little Guy.    




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