SEMPER AUGUSTUS INVESTMENTS GROUP LLC: ALASKA AIR GROUP INC (ALK): Quarterly 13F Position History
As of Q1 2026, SEMPER AUGUSTUS INVESTMENTS GROUP LLC reported 1,695,062 shares of ALASKA AIR GROUP INC (ALK), worth $62.3M and representing 7.4% of its 13F equity book. Quarter-over-quarter share count change: + 1,285,780 (+314.2%) . The position first appeared in Q1 2020 and has been disclosed across 25 13F-HR filings in Pactolio's tracked window.
- 1,695,062Shares Held (Latest Filing)
- $62.3MReported Market Value (Latest Filing)
- 7.4%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 | 7.4% | $36.8 |
| Q4 2025 | 409,282 | +30,691 | +8.1% | $20.6M | 2.4% | $50.3 |
| Q3 2025 | 378,591 | +6,578 | +1.8% | $18.8M | 2.4% | $49.8 |
| Q2 2025 | 372,013 | +27,179 | +7.9% | $18.4M | 2.6% | $49.5 |
| Q1 2025 | 344,834 | 5,241 | -1.5% | $17.0M | 2.7% | $49.2 |
| Q4 2024 | 350,075 | +2,211 | +0.6% | $22.7M | 4.1% | $64.8 |
| Q3 2024 | 347,864 | +6,097 | +1.8% | $15.7M | 2.7% | $45.2 |
| Q2 2024 | 341,767 | +21,899 | +6.8% | $13.8M | 2.5% | $40.4 |
| Q1 2024 | 319,868 | +5,762 | +1.8% | $13.8M | 2.5% | $43.0 |
| Q4 2023 | 314,106 | +45,985 | +17.2% | $12.3M | 2.6% | $39.1 |
| Q3 2023 | 268,121 | +13,555 | +5.3% | $9.9M | 2.4% | $37.1 |
| Q2 2023 | 254,566 | +27,206 | +12.0% | $13.5M | 3.2% | $53.2 |
| Q1 2023 | 227,360 | +2,959 | +1.3% | $9.5M | 2.4% | $42.0 |
| Q4 2022 | 224,401 | +15,954 | +7.7% | $9.6M | 2.6% | $42.9 |
| Q3 2022 | 208,447 | +6,129 | +3.0% | $8.2M | 2.5% | $39.2 |
| Q2 2022 | 202,318 | +48,013 | +31.1% | $8.1M | 2.4% | $40.1 |
| Q1 2022 | 154,305 | +18,582 | +13.7% | $9.0M | 2.3% | $58.0 |
| Q4 2021 | 135,723 | +13,496 | +11.0% | $7.1M | 2.2% | $52.1 |
| Q3 2021 | 122,227 | +33,527 | +37.8% | $7.2M | 2.3% | $58.6 |
| Q2 2021 | 88,700 | 3,111 | -3.4% | $5.3M | 1.8% | $60.3 |
| Q1 2021 | 91,811 | 79 | -0.1% | $6.4M | 2.4% | $69.2 |
| Q4 2020 | 91,890 | 145 | -0.2% | $4.8M | 2.1% | $52.0 |
| Q3 2020 | 92,035 | 465 | -0.5% | $3.4M | 1.7% | $36.6 |
| Q2 2020 | 92,500 | 727 | -0.8% | $3.4M | 1.9% | $36.3 |
| Q1 2020 | 93,227 | — | — | $2.7M | 1.7% | $28.5 |
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.