SEMPER AUGUSTUS INVESTMENTS GROUP LLC — ALASKA AIR GROUP INC ALK: Quarterly 13F Position History
SEMPER AUGUSTUS INVESTMENTS GROUP LLC has reported ALASKA AIR GROUP INC (ALK) on 25 13F-HR filings in Pactolio's tracked window, first appearing in Q1 2020. As of Q1 2026, the position is sized at 1,695,062 shares ($62.3M market value, 7.45% of the equity book). Quarter-over-quarter share count change: + 1,285,780 (+314.2%) .
- 1,695,062Shares Held (Latest Filing)
- $62.3MReported Market Value (Latest Filing)
- 7.45%Portfolio Weight (% of 13F Equity Book)
- +1,285,780Quarter-over-Quarter Share Change
- +$41.8MQuarter-over-Quarter Value Change
- 1,695,062Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 25 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q1 2026 | 1,695,062 | +1,285,780 | +314.2% | $62.3M | 7.45% | $36.78 |
| Q4 2025 | 409,282 | +30,691 | +8.1% | $20.6M | 2.37% | $50.30 |
| Q3 2025 | 378,591 | +6,578 | +1.8% | $18.8M | 2.35% | $49.78 |
| Q2 2025 | 372,013 | +27,179 | +7.9% | $18.4M | 2.59% | $49.48 |
| Q1 2025 | 344,834 | 5,241 | -1.5% | $17.0M | 2.74% | $49.22 |
| Q4 2024 | 350,075 | +2,211 | +0.6% | $22.7M | 4.05% | $64.75 |
| Q3 2024 | 347,864 | +6,097 | +1.8% | $15.7M | 2.66% | $45.21 |
| Q2 2024 | 341,767 | +21,899 | +6.8% | $13.8M | 2.47% | $40.40 |
| Q1 2024 | 319,868 | +5,762 | +1.8% | $13.8M | 2.52% | $42.99 |
| Q4 2023 | 314,106 | +45,985 | +17.2% | $12.3M | 2.57% | $39.07 |
| Q3 2023 | 268,121 | +13,555 | +5.3% | $9.9M | 2.38% | $37.08 |
| Q2 2023 | 254,566 | +27,206 | +12.0% | $13.5M | 3.20% | $53.18 |
| Q1 2023 | 227,360 | +2,959 | +1.3% | $9.5M | 2.44% | $41.96 |
| Q4 2022 | 224,401 | +15,954 | +7.7% | $9.6M | 2.62% | $42.94 |
| Q3 2022 | 208,447 | +6,129 | +3.0% | $8.2M | 2.47% | $39.15 |
| Q2 2022 | 202,318 | +48,013 | +31.1% | $8.1M | 2.40% | $40.05 |
| Q1 2022 | 154,305 | +18,582 | +13.7% | $9.0M | 2.28% | $58.01 |
| Q4 2021 | 135,723 | +13,496 | +11.0% | $7.1M | 2.21% | $52.10 |
| Q3 2021 | 122,227 | +33,527 | +37.8% | $7.2M | 2.31% | $58.60 |
| Q2 2021 | 88,700 | 3,111 | -3.4% | $5.3M | 1.78% | $60.30 |
| Q1 2021 | 91,811 | 79 | -0.1% | $6.4M | 2.40% | $69.21 |
| Q4 2020 | 91,890 | 145 | -0.2% | $4.8M | 2.09% | $52.00 |
| Q3 2020 | 92,035 | 465 | -0.5% | $3.4M | 1.73% | $36.63 |
| Q2 2020 | 92,500 | 727 | -0.8% | $3.4M | 1.90% | $36.26 |
| Q1 2020 | 93,227 | — | — | $2.7M | 1.67% | $28.47 |
Methodology & FAQ
How This Position History Is Sourced
Each row is one SEC Form 13F-HR filing disclosing this position. Share count, market value, and reported quarter are taken verbatim from the filing; portfolio weight is recomputed against the same filing's total reported equity book. Implied price-per-share is market value divided by shares — a quarter-end mark, not the manager's cost basis. See the full methodology document for the normalization rules.
When did SEMPER AUGUSTUS INVESTMENTS GROUP LLC first disclose a ALK position in 13F-HR filings?
SEMPER AUGUSTUS INVESTMENTS GROUP LLC first reported ALASKA AIR GROUP INC (ALK) on its 13F-HR filing for the period ending 2020-03-31 (Q1 2020). The position has appeared on 25 reported quarters within Pactolio's tracked window.
What was SEMPER AUGUSTUS INVESTMENTS GROUP LLC's most recent quarter-over-quarter share-count change in ALK?
Between Q4 2025 and Q1 2026, SEMPER AUGUSTUS INVESTMENTS GROUP LLC added 1,285,780 shares of ALK (+314.2%), bringing the total reported position to 1,695,062 shares at a market value of $62.3M.
Does the implied price-per-share represent SEMPER AUGUSTUS INVESTMENTS GROUP LLC's cost basis in ALK?
No. The implied price-per-share column is the 13F-HR reported market value divided by reported share count on the filing date (end of quarter). It is a quarter-end mark, not a cost basis or transaction price. Use it as a sanity check on the value column, not as an indicator of the manager's entry or exit price.