- Aquamarine Capital’s 13F portfolio value increased from $164M to $197M during the quarter.
- The portfolio remained untouched during the quarter.
- Fiat Chrysler at ~18% of the portfolio is the largest position.
Guy
Spier’s Aquamarine Capital Portfolio value increased marginally from 164M to
$197M during the quarter. The portfolio is very concentrated with just 14
positions. The largest five positions are Fiat Chrysler Auto (FCAU), Berkshire
Hathaway (BRK.A), American Express (AXP), General Motors Warrants (GM-WTB), and
Bank of America (BAC) & WTS (BAC-WTA). They together add up to ~70% 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 Q3 2017.
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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